The infographic below contains key findings from our analysis of the industrial portable calibrators market
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Overview of the global industrial portable calibrators market
Technavio’s market study identifies the increased demand for on-site calibration services to be one of the primary industrial portable calibrators market drivers. Industrial owners focus on maintaining the maintenance schedule of their instruments due to the need for maintaining safety measures in the industrial premises. To prevent any compromise in the performance of the equipment and to ensure the accuracy of their services, industries are adopting calibration services. Industries are extensively adopting predictive maintenance services to mitigate the loss and downtime caused by deviation in measurements. Our market analysts estimate that the market will grow steadily at a CAGR of more than 7% by 2022.
The emergence of portable multifunctional calibrators will be one of the key factors driving the industrial portable calibrators market. Portable multifunctional calibrators are easy to use and are claimed to be highly accurate instruments for calibration and other instrumentation services. These calibrators are equipped with modular designs that enable them to expand over time and adjust to the changes required.
Companies covered
The industrial portable calibrators market is characterized by the presence of numerous vendors. This market report studies the competitive environment of the pressure gauge calibrators market containing several key vendors offering a wide product portfolio. Technavio’s analysts also analyze the key focus areas and the strategies adopted by vendors to sustain profitably in the industrial portable calibrators market.
This industrial portable calibrators market analysis provides an insight into various companies in this market including:
- ABB
- Fluke
- GENERAL ELECTRIC
- Spectris
- Yokogawa Electric
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Segmentation by product type and analysis of the industrial portable calibrators market
- Portable pressure calibrators
- Portable temperature calibrators
- Portable loop calibrators
- Portable multifunction calibrators
Portable pressure calibrators will account for the major pressure gauge calibrators market share till the end of the forecast period. This calibrator can handle pressure generation and control the gesture movement. This device is handheld and equipped with the ability to verify the readings of a pressure-measuring device against the standards.
Segmentation by end-user and analysis of the industrial portable calibrators market
- In-house industry users
- Third-party service providers
- OEMs
The in-house industry users will be the primary end-user of the pressure gauge calibrators market throughout the forecast period. Due to the rising need for demand for quality and accurate information, industry users are steadily investing in solutions that ensure instantaneous and accurate quality improvements. Portable calibrators aid the end-users ease their performance on industrial premises.
Key questions answered in the report include
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the global industrial portable calibrators market?
- What are the key market trends impacting the growth of the global industrial portable calibrators market?
- What are the challenges to market growth?
- Who are the key vendors in the global industrial portable calibrators market?
- What are the market opportunities and threats faced by the vendors in the global industrial portable calibrators market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global industrial portable calibrators market?
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