According to our latest market study on “Instrument Calibrator Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by product type, modularity, and industry vertical,” the market is expected to grow from US$ 1,277.57 million in 2021 to reach US$ 1,854.03 million by 2028; it is expected to grow at a CAGR of 5.5% from 2021 to 2028.

Fluke Corporation, Baker Hughes Company (Druck), Spectris (OMEGA Engineering), Yokogawa Electric Corporation and AMETEK Inc., are the five key market players operating in the global instrument calibrator market. Due to fragmented nature of global instrument calibrator market with presence of various regional and local players worldwide, this listing of “Key Five Players” is derived by considering and giving weightage to following key parameters: overall revenue, segmental revenue, brand image & industry experience, current instrument calibrator portfolio and related products, innovative and advanced technology integration, customer base, geographical reach, research and development investments, patents, new product launches, partnerships, mergers & acquisitions and other market related activities. The above listing/positioning does not represent top five players by market share. There are various other notable players operating in the global instrument calibrator market ecosystem such as Extech Instruments (FLIR Systems), WIKA Alexander Wiegand SE & Co. KG, Additel, Beamex Oy Ab, and Calmet. which were also profiled in this report. In addition to the ten players profiled in the report, there are several other global, regional, and local players in the global instrument calibrator market ecosystem/value chain which were studied and analyzed during this study to gain a holistic view of the global market size and growth trends.

Get Sample PDF at:- https://www.theinsightpartners.com/sample/TIPRE00006040/?utm_source=Social&utm_medium=10489

Calibration is the process of comparing unknown values obtained for devices under test (DUT) to a known value reference standard. In pharmaceutical manufacturing, strict safety requirements and regulations must be maintained, and manufacturing processes are consistent and reliable. This ensures product purity and the best possible end-product quality, both of which are important for patient safety. As a result, several pressure and temperature measurements, such as local indicators (gauges), transmitters, and switches, are commonplace in these operations. Many of these tests are performed in harsh circumstances, such as in autoclaves, centrifuge machines, and sonicators. For instance, in the chemical industry, it's used to cure coatings, vulcanize rubber, and perform hydrothermal synthesis, as well as in medical applications to perform sterilization. The timely calibration of instruments, followed by systematic and appropriate paperwork, is a critical for ensuring that the pharmaceutical products are manufactured as per the current good manufacturing practices (cGMPs). In case of any technical issues in instruments, the calibration data can help understand when, when, and how an error occurred. As a result, pharmaceutical regulatory authorities keep a check on the type of data collected and the interval between calibrations.

Pharmaceutical companies need a complete calibration solution that meets with industry regulations while increasing efficiency and improving data integrity and quality standards. Temperature, pressure, and electrical calibrators are required for the frequent calibration of various pharmaceutical equipment, such as medical testing instruments, weather stations, thermistors, and furnaces. Thus, the pharmaceuticals industry is contributing to the instrument calibrators market growth.

The instrument calibrator market is segmented in terms of product type, modularity, industry vertical, and geography. Based on product type, the instrument calibrator market is segmented into temperature calibrator, pressure calibrator, electrical calibrator, and multifunction process calibrator. In 2020, the pressure calibrator segment led the instrument calibrator market, accounting for the largest share in the market. In terms of modularity, the instrument calibrator market can be segmented into benchtop and portable. In 2020, the portable segment accounted for the largest market share. Similarly, based on industry vertical, the instrument calibrator market can be segmented into automotive, aerospace and defense, electronics, food and beverage, pharmaceutical, oil and gas, and other industries. In 2020, the other industries segment accounted for the largest market share. Geographically, the market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2020, APAC accounted for the significant share in the global market.

Most of the market initiatives were observed in North America and Europe regions, which have a high potential of instrument calibrator providers. Few of the important market initiatives and product developments from the industry are mentioned below:

About The Insight Partners

The Insight Partners is a one-stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in industries such as healthcare, media, and telecommunication.

Our research model is very simple. We believe in client servicing and delivering the best quality to our customers. Through our research content, we are making sure that our customers get value for their money along with better quality data and analysis.

Our research content is majorly focused toward market trends in terms of market sizing, competitive landscaping, company analysis, regional or country analysis, etc. We provide a detailed break-up of segmentation in terms of geography, product and service, radioisotope types, application and end user, which helps our clients to gain a deeper analytical understanding of various research topics.

Contact Us

If you have any queries about this report or if you would like further information, please contact us:

North America: +1 646 491 9876

Asia Pacific: +91 20 6727 8686

Email: sales@theinsightpartners.com