Calibration Services Market Size, Share & Trends

Updated on : October 23, 2024

Calibration Services Market Size & Growth

[257 Pages Report] The global calibration services market size is projected to grow from USD 5.7 billion in 2023 to USD 8.1 billion by 2030, growing at a CAGR of 5.3% during the forecast period from 2023 to 2030. The calibration services market has experienced significant growth driven by growing demand for quality and inspection equipment in precision manufacturing, the need for interoperability testing, and strict regulatory standards imposed by governments to ensure product safety and environmental protection. These factors have collectively contributed to the expansion of the market. Additionally, the increasing complexity of technological instruments, the globalization of trade, the emphasis on measurement accuracy for quality control, and risk mitigation in safety-critical sectors are also fueling the demand for calibration services.

Calibration Services Market Statistics and Forecast to 2030

To know about the assumptions considered for the study, Request for Free Sample Report

Calibration Services Market Trends:

Driver: Growing demand for quality and inspection equipment in precision manufacturing

The calibration services market share is experiencing significant growth due to the rising demand for quality and inspection equipment within the precision manufacturing sector. As industries increasingly prioritize precision and accuracy in their manufacturing processes, the need for regularly calibrated instruments and equipment becomes paramount. Calibration services ensure these tools maintain precision, meeting strict quality standards and regulatory requirements. This synergy between precision manufacturing and calibration services underscores the market's expansion as industries seek to enhance product quality, reduce defects, and adhere to industry regulations. Metrology is important in two ways for parts manufacturing. Before production begins, metrological instruments are used to calibrate the machinery and tooling that will be used, ensuring accurate and precise parts. Parts that have been optimized for manufacturability will also include specific tolerances, ensuring that minor variations in exact component size do not affect their final fit or function, potentially reducing quality risks. Post-production metrology is used to confirm that the parts meet design requirements and customer expectations. If the measurements don't meet the requirements, the manufacturing machinery may need to be realigned or adjusted. New manufacturing processes require smaller tolerances in terms of quality and dimensions to achieve the desired quality and reliability. Besides, component designers and machine manufacturers need to better understand the potential sources of errors. Calibration helps manufacturers by providing the analysis of errors. The calibration services also help in achieving higher productivity and accuracy. Improving the production quality necessitates the proportional improvement in measuring accuracy, along with the in-process and post-process control over the dimensional and geometrical accuracies of the product.

Restraint: Increased Complexity of Standards

Calibration service providers use standard heat, pressure, temperature, optical, electrical, and photoelectric calibration devices. Multiple OEMs provide standard devices for reference. OEMs such as Fluke, Siemens, and GE, have already developed standards for various types of calibration. Thus, competition among major OEMs also leads to complexity in selecting the standards for calibration. Use of different standards for calibrating the same instrument may affect the instrument's performance over time. The complexity of standards presents a notable restraint to the calibration services industry . As industries evolve and technology advances, standards governing accuracy, precision, and calibration procedures become more intricate and varied. This complexity can make it challenging for calibration service providers to stay updated, interpret standards accurately, and implement them consistently across diverse industries. Navigating a landscape of intricate and often rapidly changing standards demands additional resources, expertise, and adaptability, potentially leading to delays in calibration processes and increased costs for both service providers and clients. This restraint underscores the need for calibration service providers to invest in ongoing training and robust quality assurance mechanisms to effectively address the complexities of evolving standards and maintain their relevance in the industry .

Opportunity: Advent of 5G technology and deployment of LTE and LTE-Advanced (4G) networks

The advent of 5G technology has presented a significant opportunity for the calibration service market growth . 5G networks operate at higher frequencies than previous generations of cellular networks, which requires more accurate and precise calibration of communication equipment and testing instruments. This is because even small errors in calibration can significantly impact the performance of 5G networks. In addition, 5G technology is enabling a wide range of emerging applications, such as the Internet of Things (IoT), autonomous vehicles, augmented reality, and virtual reality. These applications require seamless and reliable communication, which makes precise calibration services indispensable for their success. The 5G networks are rolled out worldwide, the demand for calibrated instruments for network testing, optimization, and troubleshooting is increasing. Calibration services play a vital role in verifying the accuracy and functionality of these instruments, which are critical for the successful deployment and maintenance of 5G networks.

The complexity of 5G technology also presents challenges in terms of calibration. Higher frequencies and complex modulation schemes require specialized calibration methods and equipment. Calibration service providers need to stay at the forefront of technological developments to meet the ever-evolving requirements of 5G networks and devices. In conclusion, the rise of 5G technologies is driving the demand for precision and accurate calibration services. This makes it a prominent driver in the growth of the calibration service market. As 5G continues to revolutionize the telecommunications landscape and enables transformative applications, calibration services become increasingly critical in ensuring the seamless and efficient operation of 5G networks and devices.

Challenge: Built-in self-calibration feature of electrical & electronic instrument

The rapid development of technology is evident from its growing importance and the increasing investments in R&D. These developments are spanning across multiple industries including oil and gas, power generation, chemicals, water, telecommunication, semiconductors, aerospace and defense, and healthcare, and life science. There is increasing awareness regarding self-calibrated devices to reduce the cost of maintenance. Furthermore, there is a growing emphasis on calibrating devices through software technologies to easily accomplish such services within the facility. Hence, such technological developments may affect calibration service providers, which may lead them to the stage of strategic inflection.

Calibration Services Market Ecosystem

The calibration services market ecosystem consists of various entities and components that contribute to developing, producing, distributing, and utilizing calibration services products. Dominant companies in this market include Keysight Technologies (US), Hexagon AB (Sweden), Rohde & Schwarz (Germany), Tektronix, Inc. (US), VIAVI Solutions Inc. (US), Omega Engineering, Inc. (US), Advantest Corporation (Japan), National Instruments Corporation (US), Anritsu (Japan), Trescal, Inc. (France), Pratt and Whitney Measurement Systems, Inc. (US), Kolb & Baumann GmbH & Co KG. (Germany), Renishaw plc. (UK), Feinmess Suhl GmbH (Germany), Octagon Precision India Pvt. Ltd. (India), TESA Brown & Sharpe (Part of Hexagon AB) (Switzerland), Mitutoyo (Japan), Hexagon AB (Sweden), MSI Viking (US), Master Gage & Tool Co. (US), Tanson Instrument (India), Micro Precision Calibration (US), Mettler Toledo (US), Testo (Germany), Tradinco Instruments (India), TGCI Group (US), Mahr GmbH (Germany), and Essco Calibration Laboratory (US).

By Proofreading, third-party vendor to record for the highest growth of the calibration services market

Third-party calibration services are calibration offerings provided by independent companies or vendors that are not affiliated with the original equipment manufacturer (OEM) of the measuring instruments or equipment. These calibration service providers specialize in calibrating a wide range of instruments from various manufacturers, offering calibration solutions to diverse industries. Choosing third-party calibration services provides organizations with several benefits. Firstly, it allows for impartiality and objectivity in the calibration process, as the calibration vendor does not have a vested interest in selling specific equipment. This ensures that calibration results are unbiased and conform to industry standards. Secondly, third-party calibration vendors often have extensive experience calibrating instruments from different manufacturers, allowing them to offer calibration solutions for diverse equipment within an organization. Third-party calibration services are particularly valuable for companies that use equipment from multiple manufacturers. It streamlines the calibration process, making it more convenient and cost-effective, as organizations can send various instruments to a single vendor for calibration. Moreover, third-party calibration services are known for their expertise, technical proficiency, and adherence to recognized calibration procedures. They typically employ highly skilled technicians and use state-of-the-art calibration equipment to ensure accurate and reliable results.

By application, the aerospace & defence is expected to grow at the highest rate during the forecast period

the stringent quality and safety requirements within the aerospace & defense industries. Calibration services play a crucial role in ensuring that measurement and testing equipment used in these sectors meet the exacting standards required for aircraft, spacecraft, military hardware, and related components. Accurate calibration guarantees the precision of instruments like avionics systems, radar equipment, navigational tools, and weapons systems, contributing to the overall performance, safety, and reliability of aerospace and defense systems. As these industries continue to advance and adopt cutting-edge technologies, the demand for specialized calibration services is expected to rise further, driven by the need to maintain strict compliance with industry regulations and ensure optimal functionality in critical applications.

Calibration is one of the most essential services during the stages of production and maintenance of aircraft. Calibration is undertaken in aircraft to ensure the correctness of the design with regard to aerodynamics and communication. Calibration services for pressure, flow, temperature, length, angle, torque, and so on are essential to ensure a risk-free flight period. The military and defense sector uses calibration services for its production units, which produce equipment such as gun barrels, cannons, covers, radar, etc. To ensure efficient performance of such equipment, testing is essential. The main test objects in military and defense are complex components, composite enclosures, control rod ends, skin and edge assemblies, components of helicopters, aircraft engine turbine blades, RF materials, straps, and ejects handles. Such testing devices require regular calibration services over time.

Calibration Services Market Regional Analysis

Asia Pacific is projected to account for the largest share of the overall calibration services market by 2030

Calibration Services Market by Region

To know about the assumptions considered for the study, download the pdf brochure

Asia-Pacific (APAC) is expected to be Kone of the key markets for calibration services in the future, due to its high growth potential for industries as compared to the other regions. The other major factors favoring the APAC market include the emergence of industries and high-cost benefits due to the lower wages in the region. The APAC region includes some of the leading markets such as China, Japan, and India. The growth of the calibration services market share in the APAC region is mainly attributed to the increasing investments, growing manufacturing activities in the region, and significant research and development activities. The growing quality consciousness among consumers, coupled with a preference for accredited manufacturers is driving the demand for calibration services among companies in APAC. Factors such as the rapid industrial growth, increasing focus on quality, and need to adhere to international standards are also fueling the growth of calibration and repair services. Tektronix (US), a Danaher Corporation subsidiary, has added new calibration labs in Japan, Malaysia, China, and India to increase the company's global reach. It also gained accreditation from China National Accreditation Service (CNAS) for Conformity Assessment for electrical calibration services. These countries and the Asia Pacific region offer enormous opportunities for industrial R&D cooperation to other countries in terms of facilities and skilled personnel.

Top Calibration Services Companies - Key Market Players:

• Keysight Technologies (US),
• Hexagon AB (Sweden),
• Rohde & Schwarz (Germany),
• Tektronix, Inc. (US), and
• VIAVI Solutions Inc. (US) are some of the key players in the calibration services Companies.

Calibration Services Report Scope

Calibration Services Market Highlights

This research report categorizes the calibration services market based on service type, proofreading, application, and region.

Recent Developments in Calibration Services Industry

• In June 2023, Keysight Technologies, Inc. acquired the entire share capital of ESI Group SA (Euronext Paris Symbol: ESI). ESI Group is a leading innovator of virtual prototyping solutions in automotive and aerospace end markets.
• In June 2023, Viavi Solutions Inc. released TM500 Cloud to test cloud-deployed O-RAN components. As operators progressively shift core network services to the cloud via hyperscale’s and other cloud providers, the TM500 Cloud is specifically designed to assess and address potential risks related to the Quality of Service (QoS) for end users.
• In March 2023, Rohde & Schwarz introduced the R&S EVSD1000 VHF/UHF NAV/drone analyser, a cutting-edge solution for precise and efficient inspection of terrestrial navigation and communications systems for drones. This analyser offers exceptional accuracy and measurement repeatability, catering to customers' stringent requirements in this field.
• In April 2023, LAPP, a leading provider of integrated cable and connection technology solutions, partnered with BASF to incorporate a new bio-based plastic into their product range. This plastic, known as Organic ETHERLINE, is developed by BASF and offers a sustainable alternative for various cable applications.
• In November 2022, Tektronix Inc. partnered with BRIDG, a not-for-profit, public-private partnership focused on advanced system integration and integrated circuit packaging. Through this partnership, advanced semiconductor package testing capabilities in the United States will be expanded.
• In June 2022, Hexagon's Manufacturing Intelligence division agreed to collaborate with ESAB, a global fabrication technology leader, to develop a streamlined welding solution that combines Hexagon's powerful simulation software with ESAB's InduSuite solutions to help fabricators perform more efficient and successful welding operations. Hexagon's simulation intelligence, embedded in ESAB's software and automation portfolio, will provide users with the tools they need to consistently manufacture high-quality products without the need for costly trial and error.

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst