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Calibration Services Market to Grow by USD 1.79 Billion from 2024-2028, Strict Regulations on Product Safety, Quality, and Compliance Drive Growth, Report Highlights AI’s Impact on Market Dynamics – Technavio

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NEW YORK, Aug. 29, 2024 /PRNewswire/ — Report with market evolution powered by AI- The global calibration services market size is estimated to grow by USD 1.78 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 5.54% during the forecast period. Stringent regulations related to product safety, quality, and compliance is driving market growth, with a trend towards launch of new calibration solutions by vendors. However, shortage of skilled calibration professionals poses a challenge. Key market players include ABB Ltd., Beamex Oy AB, Bureau Veritas SA, Endress Hauser Group Services AG, ESSCO Calibration Laboratory, Eurofins Scientific SE, Fluke Corp., Hexagon AB, Intertek Group Plc, Keysight Technologies Inc., Micro Precision Calibration, Mitutoyo America Corp., National Instruments Corp., Omega Engineering Inc., Pratt and Whitney Measurement Systems, Inc., Rohde and Schwarz GmbH and Co. KG, SGS SA, Siemens AG, SIMCO Electronics, Tektronix Inc., Transcat Inc., Trescal International SAS, and Viavi Solutions Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Calibration Services Market Scope

Report Coverage

Details

Base year

2023

Historic period

–

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.54%

Market growth 2024-2028

USD 1786.9 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

5.36

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 42%

Key countries

US, China, Germany, UK, Japan, and India

Key companies profiled

ABB Ltd., Beamex Oy AB, Bureau Veritas SA, Endress Hauser Group Services AG, ESSCO Calibration Laboratory, Eurofins Scientific SE, Fluke Corp., Hexagon AB, Intertek Group Plc, Keysight Technologies Inc., Micro Precision Calibration, Mitutoyo America Corp., National Instruments Corp., Omega Engineering Inc., Pratt and Whitney Measurement Systems, Inc., Rohde and Schwarz GmbH and Co. KG, SGS SA, Siemens AG, SIMCO Electronics, Tektronix Inc., Transcat Inc., Trescal International SAS, and Viavi Solutions Inc.

Market Driver

The Calibration Services Market is a significant industry that ensures the accuracy and reliability of measuring instruments. Providers offer on-site and laboratory calibration services using advanced equipment. Businesses across various sectors rely on calibration services to maintain product quality and regulatory compliance. The market is driven by increasing industrial automation and growing demand for precision measurement. Providers focus on delivering timely and cost-effective solutions to meet customer needs. 

Calibration services play a crucial role in ensuring measurement accuracy and quality assurance across various industries. Key trends in this market include the use of advanced calibration equipment such as optical power meters, network analyzers, power analyzers, and voltage meters. Sectors like aerospace, manufacturing, energy and utilities, electronics manufacturing, biotechnology, and military are major consumers of calibration services. Services offered include electrical and mechanical calibration, thermodynamic calibration, and physical/dimensional calibration. Communication, instrument management, procurement facilitation, and equipment rental options are also part of the value proposition. Calibration services are essential for industries dealing with precision manufacturing, 5G technology, autonomous vehicles, augmented reality, and virtual reality. Key end-users include aerospace and defense, oil and gas, power generation, chemicals, water, telecommunications, semiconductors, healthcare, and life sciences. Calibration services provide calibration for various instruments like soldering stations, digital multimeters, clamp-on multimeters, data acquisition systems, clamp-on calipers, thermocouples, thermistors, and platinum resistance thermometers. With the evolving technology landscape, calibration services continue to adapt and innovate to meet the changing needs of businesses. 

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Market Challenges

The Calibration Services Market ensures accurate measurement and maintenance of equipment and instruments. Providers offer on-site and laboratory calibration services using advanced technology. Businesses benefit from improved product quality, increased efficiency, and regulatory compliance. Calibration services save costs by reducing equipment downtime and extending asset life. Companies in various industries, including manufacturing, healthcare, and energy, rely on calibration services for precision and reliability.The Calibration Services Market faces numerous challenges in various industries such as 5G technology, autonomous vehicles, and those utilizing Augmented Reality and Virtual Reality. Precision manufacturing, Aerospace and Defense, Oil and Gas, Power Generation, Chemicals, Water, Telecommunications, Semiconductors, Healthcare, and Life Sciences all require calibration services to ensure Quality Standards and adherence to Regulatory Requirements. Calibration services involve calibration devices for heat, pressure, temperature, optical, electrical, photoelectric measurements. Original Equipment Manufacturers (OEMs) and Third-party calibration services cater to self-calibrated devices and calibration solutions. Industries rely on calibration labs for in-house calibration, using instruments like analog multimeters, calipers, chart recorders, clamp-on ammeters, data loggers, dial indicators, digital multimeters, force gauges, micrometers, oscilloscopes, signal analyzers, and spectrum analyzers. Tolerances and built-in self-calibration features are essential considerations.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This calibration services market report extensively covers market segmentation by 

Service Type1.1 Electrical1.2 Mechanical1.3 Thermodynamic1.4 Dimensional/physicalService 2.1 Third party vendors2.2 In-house laboratories2.3 OEMsGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Electrical- The Calibration Services Market ensures accurate measurement and maintenance of equipment through regular calibration. This essential service improves process efficiency, enhances product quality, and ensures regulatory compliance. Calibration providers offer on-site and laboratory services using advanced technology and certified technicians. By investing in calibration services, businesses minimize downtime, reduce costs, and maintain a competitive edge in their industries.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Calibration Services Market is experiencing significant growth due to the increasing demand for accuracy and precision in various industries. With the advent of 5G technology, the need for calibration services in telecommunications is surging. In the transportation sector, autonomous vehicles and advanced driver-assistance systems (ADAS) require frequent calibration for optimal performance. In industries such as aerospace and defense, power generation, oil and gas, chemicals, water, and precision manufacturing, calibration services are essential for ensuring product quality and safety. Calibration services encompass both in-house and outsourced solutions. Calibration management software facilitates efficient tracking and scheduling of calibration activities. A wide range of calibration equipment is used, including analog multimeters, calipers, chart recorders, clampon ammeters, data loggers, dial indicators, digital multimeters, force gauges, micrometers, and more. Electrical calibration and electronics manufacturing also require specialized calibration services. Military calibration services cater to the unique needs of the defense industry. Transmitter test software ensures the accuracy of measurement instruments in various applications.

Market Research Overview

Calibration services play a crucial role in ensuring measurement accuracy and maintaining regulatory compliance across various industries. With the advent of advanced technologies like 5G, Autonomous vehicles, Augmented reality, and Virtual reality, the demand for precise calibration is increasing. Precision manufacturing sectors such as Aerospace and defense, Oil and gas, Power generation, Chemicals, Water, Telecommunications, Semiconductors, Healthcare, and Life sciences rely heavily on calibration services for their equipment. Calibration services encompass various types, including calibration labs for in-house calibration and third-party calibration services. Self-calibrated devices and built-in self-calibration features are also gaining popularity. Calibration solutions cater to diverse applications, including heat, pressure, temperature, optical, electrical, photoelectric, and more. Industries require calibration for various types of equipment, such as analog and digital multimeters, calipers, chart recorders, clampon ammeters, data loggers, dial indicators, oscilloscopes, signal analyzers, spectrum analyzers, optical power meters, network analyzers, power analyzers, soldering stations, and voltage meters. Calibration services help maintain measurement accuracy, ensure quality assurance, and facilitate procurement and equipment rental options. They cater to industries like manufacturing, energy and utilities, electronics manufacturing, biotechnology, and military. Calibration services adhere to quality standards and regulatory requirements, providing solutions for electrical and mechanical calibration, thermodynamic calibration, and physical/dimensional calibration. Communication and instrument management are also essential aspects of calibration services, ensuring seamless integration and efficient operations.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Service TypeElectricalMechanicalThermodynamicDimensional/physicalServiceThird Party VendorsIn-house LaboratoriesOEMsGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Technology

Automotive Seat Heater Market to Reach $5.5 Billion, Globally, by 2033 at 6% CAGR: Allied Market Research

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23 mins ago

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September 20, 2024

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Key factors contributing to the growth of the automotive heat seater market include advancements in heating technology, such as the integration of more efficient heating elements and improved temperature control systems.

WILMINGTON, Del., Sept. 20, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Automotive seat heater Market by Type (Carbon Heater and Composite Heater), Vehicle Type (Passenger Cars and Commercial Vehicles), and Sales Channel (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2024-2033″. According to the report, the automotive seat heater market was valued at $3.1 billion in 2023, and is estimated to reach $5.5 billion by 2033, growing at a CAGR of 6% from 2024 to 2033.

The global automotive seat heaters market is driven by increased demand for comfort and customization. As increasing numbers of individuals utilize the roads, the number of affordable vehicles available in recent years has skyrocketed. As a result, there is a greater need for vehicles with interiors that are both visually appealing and practical. The market for vehicle interior materials is being driven by rising consumer demand for customization and technical developments across the industry. In response to client demand, companies are now offering customization choices for creating modern interiors. Consumers increasing health consciousness is also driving the development of environmentally friendly automotive interior materials that contribute to increased comfort. 

Request Sample of the Report on Automotive Seat Heater Market   Forecast 2033: https://www.alliedmarketresearch.com/request-sample/A323768

Prime determinants of growth 

The growing level of competition in the automotive industry is a primary driver of the automotive seat heater market’s expansion. Furthermore, improving consumer affordability, rising consumer income, and the availability of easy financing to purchase a vehicle are all driving forces in the global automobile sector. Furthermore, expansion in the automobile industry causes growth in the global market. Rising popularity of carbon fiber technology, rising demand for comfort and energy efficiency in vehicles, and rising preferences for high-end passenger cars are some of the major and insightful factors that will most likely drive the growth of the automotive seat heater market during the forecast period. The health benefits, such as reduction from discomfort backs and rapid warming, are driving market expansion. The expanding aftermarket sales of car seat heaters are driving the market forward.

Have a Question? Connect to our Analyst – https://www.alliedmarketresearch.com/connect-to-analyst/A323768

By Type 

The carbon heater segment is expected to grow faster throughout the forecast period.

The carbon heater segment is anticipated to experience faster growth in the automotive seat heater market. Carbon fiber meshed weave heating pads will remain the largest market segment as this type of seat heater ensures good strength and requires very low voltage to produce heat. a growing preference for energy-efficient and environmentally friendly components, aligning with the broader push towards sustainable automotive solutions. The integration of advanced technologies, such as automatic climate control systems that adjust seat heating based on ambient temperature and individual preferences, is becoming increasingly popular.  

By Vehicle Type

The passenger car segment is expected to grow faster throughout the forecast period.

The passenger car segment is anticipated to experience growth in the automotive seat heater market. The increasing expenditure on passenger and driver comfort. The development of premium features and the surge in passenger vehicle numbers in Europe and North America significantly contribute to this growth. Additionally, there is a rising demand for SUVs and luxury vehicles in emerging markets. Automotive manufacturers are continuously innovating electronic technologies, which create new opportunities for the application of heated seats in passenger cars. This trend is further bolstered by the emphasis on enhancing vehicle comfort and the integration of advanced climate control systems. 

Procure Complete Report (324 Pages PDF with In-depth Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/automotive-seat-heater-market-A323768

By Sales Channel

The aftermarket segment is expected to grow faster throughout the forecast period.

The aftermarket segment is anticipated to experience growth in the automotive seat heater market. One of the standardization of temperature control seats in various mid-range and high-end vehicles is helping the OEM section of the automobile seat heater industry. Seat heater replacement rates are predicted to rise due to excessive wear and tear, as well as changing climatic circumstances in cold locations, driving up aftermarket sales. When compared to OEM products, aftermarket products are more cost-effective. Furthermore, owners of vehicles without seat heaters add this equipment in the aftermarket, which boosts seat heater aftermarket sales.

By Region

Europe to maintain its dominance by 2033.

Europe is expected to maintain its dominance in the automotive heat seater market by 2033 owing to robust industrialization, infrastructural development, and growing investments in automotive and manufacturing sectors. has witnessed a surge in the popularity and necessity of automotive seat heaters. As the nation’s economy expands and consumer prosperity grows, there is a corresponding increase in the demand for vehicles equipped with advanced comfort amenities. Once considered a luxury, seat heaters are now becoming more accessible to a wider demographic, fueling their adoption among consumers.

Europe will maintain its pivotal role as a significant market for automotive seat heaters. This is primarily due to the increasing demand from end users who prioritize cabin comfort, especially in the winter months. Seat heaters are favored for their ability to significantly enhance occupant comfort during this season.

Players: –

Continental AGPanasonic CorporationGentherm IncorporatedII-VI IncorporatedRoadwire LLCRostra Precision Controls Inc.Firsten Automotive Electronics Co., Ltd.Guangzhou Tachibana Electronic Co., Ltd.SINOMASChampion Auto Systems

The report provides a detailed analysis of these key players in the global automotive seat heater market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 

Recent Industry News

In August 2020, Lear and Gentherm introduced INTU™ Thermal Comfort Seating with ClimateSense™ Technology.

For More In-depth Insights: https://www.alliedmarketresearch.com/automotive-seat-heater-market-A323768

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AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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/R E P E A T — MEDIA ADVISORY – Minister Wilkinson to Make a Critical Minerals Infrastructure Announcement/

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September 20, 2024

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VANCOUVER, BC, Sept. 19, 2024 /CNW/ – The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, and Ranj Pillai, the Premier of Yukon, will make a funding announcement in support of critical minerals infrastructure projects. A media availability will follow.

Date: September 20, 2024

Time: 10:30 a.m. PT

All accredited media are asked to pre-register by emailing media@nrcan-rncan.gc.ca. A dial-in line is available for media and will be provided upon registration.

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SOURCE Natural Resources Canada

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Olink Proteomics Announces the ‘Olink Proteomics World’ Virtual Conference: A Novel Platform Exploring the Latest Advancements in Proteomics and Proteogenomics

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September 20, 2024

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The ‘Olink Proteomics World’ Virtual Conference will bring together scientists from around the globe to explore the latest advancements in proteomics and proteogenomics across fields such as immunology, oncology, neuroscience, aging, and inflammation on September 26th, 2024.

WALTHAM, Mass., Sept. 20, 2024 /PRNewswire-PRWeb/ — Olink Proteomics, part of Thermo Fisher Scientific, a leading provider of advances proteomics solutions, is exited to announce its upcoming virtual conference, Olink Proteomics World, on September 26th, 2024.

The digital event features presentations from esteemed scientists and provides a platform to connect with peers, identify potential collaborations, and explore advanced protein biomarker discovery tools and results.

This innovative virtual conference will bring together scientists from around the globe to explore the latest advancements in proteomics and proteogenomics across fields such as immunology, oncology, neuroscience, aging, and inflammation. The digital event features presentations from esteemed scientists and provides a platform to connect with peers, identify potential collaborations, and explore advanced protein biomarker discovery tools and results.

Our lineup of esteemed presenters will cover a wide range of topics, including:

The Aged Tumor Microenvironment: Understanding how aging influences the tumor microenvironment and its implications for cancer therapy.Infectious Diseases Dynamics: Unravelling how proteomics can enhance our understanding and management of infectious diseases.Alzheimer’s Diagnostics and Disease Monitoring: Exploring the latest tools and biomarkers for early detection and monitoring of Alzheimer’s disease.Aging Mechanisms: Insights into the biological processes of aging and how they can inform healthcare strategies.Predicting Disease Risks: Utilizing multiomics data to forecast disease risks and improve preventive measures.Genetics and Proteomics of Obesity: Investigating the complex interplay between genetics, proteomics, and obesity.Microbiome Transplantation Effects: Evaluating the impact of faecal transplants on human health and disease.Biomarker Discovery in Multiple Sclerosis: Cutting-edge research on identifying biomarkers for better diagnosis and treatment of Multiple Sclerosis.

In addition to these topics, our speakers will delve into various aspects of multiomics research, offering insights into how integrated approaches are shaping the future of personalized medicine and healthcare.

To see the full agenda and list of speakers for this event click here.

In addition to expert presentations, attendees can participate in interactive sessions, visit the digital poster hall, and engage in real-time Q&A sessions with speakers.

For further information about the event & to register for free, click here.

About Olink Proteomics
Olink’s mission is to accelerate proteomics together with the scientific community, to understand real-time biology and gain actionable insights into human health and disease. Our innovative solutions deliver highly sensitive and accurate protein quantification, giving scientists the power to investigate complex biological processes with precision.

About Labroots
Labroots is the leading scientific social networking website, & primary source for scientific trending news & premier educational virtual events & webinars & more. Contributing to the advancement of science through content sharing capabilities, Labroots is a powerful advocate in amplifying global networks & communities. Founded in 2008, Labroots emphasizes digital innovation in scientific collaboration & learning. Offering more than articles & webcasts that go beyond the mundane & explore the latest discoveries in the world of science, Labroots users can stay atop their field by gaining continuing education credits from a wide range of topics through their participation in the webinars & virtual events.

Media Contact

Akshay Masand, Labroots, 714-463-4673, akshay.masand@labroots.com, https://olink.com/ 

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