Research and Markets: Calibration Services Market by Service Segments, Type, End-User Industry & Geography – Global Forecast to 2013 – 2020
June 16, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/c9mn7f/calibration) has announced the addition of the “Calibration Services Market by Service Segments, Type, End-User Industry & Geography – Global Forecast to 2013 – 2020” report to their offering.
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, the electrical calibration service segment was the largest contributor to the overall calibration service market, accounting for 48% share in 2013.
The calibration services market is also segmented by end user industry which includes electronics manufacturing, communication, aerospace & defense, industrial & automotive, and others. Key type of service providers are segmented into in-house laboratories, OEMs, and Third party service providers. The report covers the market for geographic regions comprising Americas, Europe, Asia-Pacific, and the Rest of the World (RoW). In 2014, Europe had the largest market size in terms of value for the calibration services market. APAC is projected to grow at the highest CAGR of 12.03% from 2014-2020.
Companies Mentioned:
– Danaher Corporation (U.S.)
– Endress+Hauser (Switzerland)
– General Electric (U.S.)
– GE Measurement and Control
– Keysight Technologies, Inc
– Micro Precision Calibration
– Optical Test and Calibration Ltd
– Siemens AG (Germany)
– Transcat, Inc. (US)
– Trescal, Inc. (U.S.)
For more information visit http://www.researchandmarkets.com/research/c9mn7f/calibration
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