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Calibration Services Market Vendor Landscape and Market Players Analysis by 2020
by Miller@21 · November 26 Oscar Fantenberg Womens Jersey , 2018

The global Calibration Service Market is expected to grow at a CAGR of 6.99% to reach $5,580.00 Million by 2020. This growth would be driven by increasing awareness about quality standards, focus on preventive maintenance, and strict government regulations. Key service segments of the calibration services market included in the report are electrical, mechanical, thermodynamic, and physical dimensional. Among all the service segments Jake Muzzin Womens Jersey , the electrical calibration service segment was the largest contributor to the overall calibration service market, accounting for 48% share in 2013.

Calibration services are of utmost importance for testing and measuring devices. Such devices need to operate with accuracy and precision. Calibration services are used to record and rectify deviations in the performance of testing and measuring devices from their standard performance. The calibration services market is expected to witness moderate growth over the coming years. Driven by a need for precise and accurate information the calibration services industry has been expanding to encompass industries such as aerospace & defense, semiconductors, power generation, petrochemicals, water, electronics manufacturing Jonathan Quick Womens Jersey , communication, and industrial & automotive. The calibration services market is fragmented and competitive with a large number of players. Key players in this market are General Electric (U.S.), Siemens AG (Germany), Danaher Corporation (U.S.), and Endress+Hauser (Switzerland).

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Service segments of calibration services covered in the report include electrical, mechanical, thermodynamic Dustin Brown Womens Jersey , and physicaldimensional. The electrical calibration services market has the largest presence among all the end-user markets of calibration services. End user markets of calibration services discussed in the report are electronics manufacturing, communication, aerospace & defense, industrial & automotive, and others. Types of calibration services included in the report are in-house, OEM, and third party service providers. The calibration services market for the following geographic regions is included in the report – Americas Anze Kopitar Womens Jersey , Europe, Asia-Pacific, and the Rest of the World (RoW).

Major drivers identified for the growth of the calibration service market