The Europe Calibration Services Market would witness market growth of 4.7% CAGR during the forecast period (2023-2030).
Demand for calibration services is expanding as a result of accelerated industrialization and the rising demand for testing and measuring instruments. Additionally, the expansion of several third-party calibration service providers for outsourced services is providing industry investors with lucrative expansion potential.
In addition, the demand for temperature calibration using various devices, including thermistors, thermocouples, and platinum resistance thermometers (PRTs), is rising. This is having a favourable impact on the market, along with consumers' increasing attention to preventative maintenance. In addition, several technological developments, including the availability of tissue-imitating 3D phantoms and innovations in 3D printing technology, are driving the market's expansion. In addition, the increasing demand for calibration services in the healthcare sector to ensure patient safety provides a positive outlook for the market.
With consistent improvements in automation, the industrial and automation segments have evolved in terms of cost, usability, applicability, and quality. The industrial and automation sectors use calibration services for various components on the assembly line, including electrical calibration to ensure proper electric supply to computer numerical control (CNC) machines; mechanical calibration to ensure standard vector attributes, including pressure, torque, and flow of machinery; dimensional calibration for physical attributes such as length, level, angle, and so on; and thermodynamic calibration services to measure temperature. As a result, calibration services have many uses in the industrial and automotive sectors.
Germany was the most significant EU Member State in 20 (out of 24) manufacturing subsectors in 2020, followed by Italy in three (the manufacturing of textiles, wearing apparel, and leather and related products), and France in the production of other transport equipment. Automobile, trailer, and semi-trailer manufacturing accounted for 8.8% of Slovakia's non-financial business economy value added, which is a very high specialization rate. Therefore, the expansion of manufacturing industries in the region will present lucrative growth prospects for the market in the coming years.
The Germany market dominated the Europe Calibration Services Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $497.4 million by 2030. The UK market is exhibiting a CAGR of 3.9% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.5% during (2023 - 2030).
Based on Application, the market is segmented into Industrial & Automation, Electronics, Aerospace & Defense, Communication and Others. Based on Service Category, the market is segmented into Electrical, Mechanical, Dimensional and Thermodynamics. Based on Proofreading, the market is segmented into In-house, Third-party Calibration and Manufacturer's Calibration. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Calibration Services Market is Projected to reach USD 7.9 Billion by 2030, at a CAGR of 5.2%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Keysight Technologies, Inc., Hexagon AB, Rohde & Schwarz GmbH & Co. KG, Fortive Corporation (Tektronix, Inc.), Viavi Solutions, Inc., Advantest Corporation, National Instruments Corporation, Anritsu Corporation, Trescal SA (EQT AB) and Omega Engineering, Inc. (Arcline Investment Management)
Scope of the Study
Market Segments Covered in the Report:
By Application
- Industrial & Automation
- Electronics
- Aerospace & Defense
- Communication
- Others
By Service Category
- Electrical
- Mechanical
- Dimensional
- Thermodynamics
By Proofreading
- In-house
- Third-party Calibration
- Manufacturer's Calibration
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Keysight Technologies, Inc.
- Hexagon AB
- Rohde & Schwarz GmbH & Co. KG
- Fortive Corporation (Tektronix, Inc.)
- Viavi Solutions, Inc.
- Advantest Corporation
- National Instruments Corporation
- Anritsu Corporation
- Trescal SA (EQT AB)
- Omega Engineering, Inc. (Arcline Investment Management)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Calibration Services Market, by Application
1.4.2 Europe Calibration Services Market, by Service Category
1.4.3 Europe Calibration Services Market, by Proofreading
1.4.4 Europe Calibration Services Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Expansions
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2020, Apr – 2023, Jul) Leading Players
4.5 Porter’s Five Force Analysis
Chapter 5. Europe Calibration Services Market by Application
5.1 Europe Industrial & Automation Market by Country
5.2 Europe Electronics Market by Country
5.3 Europe Aerospace & Defense Market by Country
5.4 Europe Communication Market by Country
5.5 Europe Others Market by Country
Chapter 6. Europe Calibration Services Market by Service Category
6.1 Europe Electrical Market by Country
6.2 Europe Mechanical Market by Country
6.3 Europe Dimensional Market by Country
6.4 Europe Thermodynamics Market by Country
Chapter 7. Europe Calibration Services Market by Proofreading
7.1 Europe In-house Market by Country
7.2 Europe Third-party Calibration Market by Country
7.3 Europe Manufacturer's Calibration Market by Country
Chapter 8. Europe Calibration Services Market by Country
8.1 Germany Calibration Services Market
8.1.1 Germany Calibration Services Market by Application
8.1.2 Germany Calibration Services Market by Service Category
8.1.3 Germany Calibration Services Market by Proofreading
8.2 UK Calibration Services Market
8.2.1 UK Calibration Services Market by Application
8.2.2 UK Calibration Services Market by Service Category
8.2.3 UK Calibration Services Market by Proofreading
8.3 France Calibration Services Market
8.3.1 France Calibration Services Market by Application
8.3.2 France Calibration Services Market by Service Category
8.3.3 France Calibration Services Market by Proofreading
8.4 Russia Calibration Services Market
8.4.1 Russia Calibration Services Market by Application
8.4.2 Russia Calibration Services Market by Service Category
8.4.3 Russia Calibration Services Market by Proofreading
8.5 Spain Calibration Services Market
8.5.1 Spain Calibration Services Market by Application
8.5.2 Spain Calibration Services Market by Service Category
8.5.3 Spain Calibration Services Market by Proofreading
8.6 Italy Calibration Services Market
8.6.1 Italy Calibration Services Market by Application
8.6.2 Italy Calibration Services Market by Service Category
8.6.3 Italy Calibration Services Market by Proofreading
8.7 Rest of Europe Calibration Services Market
8.7.1 Rest of Europe Calibration Services Market by Application
8.7.2 Rest of Europe Calibration Services Market by Service Category
8.7.3 Rest of Europe Calibration Services Market by Proofreading
Chapter 9. Company Profiles
9.1 Keysight Technologies, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Hexagon AB
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional & Segmental Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Expansions:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Rohde & Schwarz GmbH & Co. KG
9.3.1 Company Overview
9.3.2 Recent strategies and developments:
9.3.2.1 Product Launches and Product Expansions:
9.3.2.2 Acquisition and Mergers:
9.3.3 SWOT Analysis
9.4 Fortive Corporation (Tektronix, Inc.)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 Viavi Solutions, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.6 SWOT Analysis
9.6 Advantest Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 National Instruments Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.5.2 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.8 Anritsu Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 SWOT Analysis
9.9 Trescal SA (EQT AB)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental Analysis
9.9.4 Recent strategies and developments:
9.9.4.1 Acquisition and Mergers:
9.9.5 SWOT Analysis
9.10. Omega Engineering, Inc. (Arcline Investment Management)
9.10.1 Company Overview
9.10.2 SWOT Analysis
TABLE 1 Europe Calibration Services Market, 2019 - 2022, USD Million
TABLE 2 Europe Calibration Services Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Calibration Services Market
TABLE 4 Product Launches And Product Expansions– Calibration Services Market
TABLE 5 Acquisition and Mergers– Calibration Services Market
TABLE 6 Expansions– Calibration Services Market
TABLE 7 Europe Calibration Services Market by Application, 2019 - 2022, USD Million
TABLE 8 Europe Calibration Services Market by Application, 2023 - 2030, USD Million
TABLE 9 Europe Industrial & Automation Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Industrial & Automation Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Electronics Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Electronics Market by Country, 2023 - 2030, USD Million
TABLE 13 Europe Aerospace & Defense Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Aerospace & Defense Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Communication Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Communication Market by Country, 2023 - 2030, USD Million
TABLE 17 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Calibration Services Market by Service Category, 2019 - 2022, USD Million
TABLE 20 Europe Calibration Services Market by Service Category, 2023 - 2030, USD Million
TABLE 21 Europe Electrical Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Electrical Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Mechanical Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Mechanical Market by Country, 2023 - 2030, USD Million
TABLE 25 Europe Dimensional Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Dimensional Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Thermodynamics Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe Thermodynamics Market by Country, 2023 - 2030, USD Million
TABLE 29 Europe Calibration Services Market by Proofreading, 2019 - 2022, USD Million
TABLE 30 Europe Calibration Services Market by Proofreading, 2023 - 2030, USD Million
TABLE 31 Europe In-house Market by Country, 2019 - 2022, USD Million
TABLE 32 Europe In-house Market by Country, 2023 - 2030, USD Million
TABLE 33 Europe Third-party Calibration Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Third-party Calibration Market by Country, 2023 - 2030, USD Million
TABLE 35 Europe Manufacturer's Calibration Market by Country, 2019 - 2022, USD Million
TABLE 36 Europe Manufacturer's Calibration Market by Country, 2023 - 2030, USD Million
TABLE 37 Europe Calibration Services Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe Calibration Services Market by Country, 2023 - 2030, USD Million
TABLE 39 Germany Calibration Services Market, 2019 - 2022, USD Million
TABLE 40 Germany Calibration Services Market, 2023 - 2030, USD Million
TABLE 41 Germany Calibration Services Market by Application, 2019 - 2022, USD Million
TABLE 42 Germany Calibration Services Market by Application, 2023 - 2030, USD Million
TABLE 43 Germany Calibration Services Market by Service Category, 2019 - 2022, USD Million
TABLE 44 Germany Calibration Services Market by Service Category, 2023 - 2030, USD Million
TABLE 45 Germany Calibration Services Market by Proofreading, 2019 - 2022, USD Million
TABLE 46 Germany Calibration Services Market by Proofreading, 2023 - 2030, USD Million
TABLE 47 UK Calibration Services Market, 2019 - 2022, USD Million
TABLE 48 UK Calibration Services Market, 2023 - 2030, USD Million
TABLE 49 UK Calibration Services Market by Application, 2019 - 2022, USD Million
TABLE 50 UK Calibration Services Market by Application, 2023 - 2030, USD Million
TABLE 51 UK Calibration Services Market by Service Category, 2019 - 2022, USD Million
TABLE 52 UK Calibration Services Market by Service Category, 2023 - 2030, USD Million
TABLE 53 UK Calibration Services Market by Proofreading, 2019 - 2022, USD Million
TABLE 54 UK Calibration Services Market by Proofreading, 2023 - 2030, USD Million
TABLE 55 France Calibration Services Market, 2019 - 2022, USD Million
TABLE 56 France Calibration Services Market, 2023 - 2030, USD Million
TABLE 57 France Calibration Services Market by Application, 2019 - 2022, USD Million
TABLE 58 France Calibration Services Market by Application, 2023 - 2030, USD Million
TABLE 59 France Calibration Services Market by Service Category, 2019 - 2022, USD Million
TABLE 60 France Calibration Services Market by Service Category, 2023 - 2030, USD Million
TABLE 61 France Calibration Services Market by Proofreading, 2019 - 2022, USD Million
TABLE 62 France Calibration Services Market by Proofreading, 2023 - 2030, USD Million
TABLE 63 Russia Calibration Services Market, 2019 - 2022, USD Million
TABLE 64 Russia Calibration Services Market, 2023 - 2030, USD Million
TABLE 65 Russia Calibration Services Market by Application, 2019 - 2022, USD Million
TABLE 66 Russia Calibration Services Market by Application, 2023 - 2030, USD Million
TABLE 67 Russia Calibration Services Market by Service Category, 2019 - 2022, USD Million
TABLE 68 Russia Calibration Services Market by Service Category, 2023 - 2030, USD Million
TABLE 69 Russia Calibration Services Market by Proofreading, 2019 - 2022, USD Million
TABLE 70 Russia Calibration Services Market by Proofreading, 2023 - 2030, USD Million
TABLE 71 Spain Calibration Services Market, 2019 - 2022, USD Million
TABLE 72 Spain Calibration Services Market, 2023 - 2030, USD Million
TABLE 73 Spain Calibration Services Market by Application, 2019 - 2022, USD Million
TABLE 74 Spain Calibration Services Market by Application, 2023 - 2030, USD Million
TABLE 75 Spain Calibration Services Market by Service Category, 2019 - 2022, USD Million
TABLE 76 Spain Calibration Services Market by Service Category, 2023 - 2030, USD Million
TABLE 77 Spain Calibration Services Market by Proofreading, 2019 - 2022, USD Million
TABLE 78 Spain Calibration Services Market by Proofreading, 2023 - 2030, USD Million
TABLE 79 Italy Calibration Services Market, 2019 - 2022, USD Million
TABLE 80 Italy Calibration Services Market, 2023 - 2030, USD Million
TABLE 81 Italy Calibration Services Market by Application, 2019 - 2022, USD Million
TABLE 82 Italy Calibration Services Market by Application, 2023 - 2030, USD Million
TABLE 83 Italy Calibration Services Market by Service Category, 2019 - 2022, USD Million
TABLE 84 Italy Calibration Services Market by Service Category, 2023 - 2030, USD Million
TABLE 85 Italy Calibration Services Market by Proofreading, 2019 - 2022, USD Million
TABLE 86 Italy Calibration Services Market by Proofreading, 2023 - 2030, USD Million
TABLE 87 Rest of Europe Calibration Services Market, 2019 - 2022, USD Million
TABLE 88 Rest of Europe Calibration Services Market, 2023 - 2030, USD Million
TABLE 89 Rest of Europe Calibration Services Market by Application, 2019 - 2022, USD Million
TABLE 90 Rest of Europe Calibration Services Market by Application, 2023 - 2030, USD Million
TABLE 91 Rest of Europe Calibration Services Market by Service Category, 2019 - 2022, USD Million
TABLE 92 Rest of Europe Calibration Services Market by Service Category, 2023 - 2030, USD Million
TABLE 93 Rest of Europe Calibration Services Market by Proofreading, 2019 - 2022, USD Million
TABLE 94 Rest of Europe Calibration Services Market by Proofreading, 2023 - 2030, USD Million
TABLE 95 Key Information – Keysight Technologies, Inc.
TABLE 96 Key Information – Hexagon AB
TABLE 97 Key Information – Rohde & Schwarz GmbH & Co. KG
TABLE 98 Key Information –fortive corporation
TABLE 99 key Information – Viavi Solutions, Inc.
TABLE 100 Key Information – Advantest Corporation
TABLE 101 Key Information – National Instruments Corporation
TABLE 102 key Information – Anritsu Corporation
TABLE 103 Key information – Trescal SA
TABLE 104 Key Information – Omega Engineering Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Calibration Services Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Calibration Services Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2022
FIG 6 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 7 Key Strategic Move: (Product Launches and Product Expansions : 2020, APR – 2023, JuL) Leading Players
FIG 8 Porter’s Five Force Analysis: Calibration Services Market
FIG 9 Europe Calibration Services Market share by Application, 2022
FIG 10 Europe Calibration Services Market share by Application, 2030
FIG 11 Europe Calibration Services Market by Application, 2019 - 2030, USD Million
FIG 12 Europe Calibration Services Market share by Service Category, 2022
FIG 13 Europe Calibration Services Market share by Service Category, 2030
FIG 14 Europe Calibration Services Market by Service Category, 2019 - 2030, USD Million
FIG 15 Europe Calibration Services Market share by Proofreading, 2022
FIG 16 Europe Calibration Services Market share by Proofreading, 2030
FIG 17 Europe Calibration Services Market by Proofreading, 2019 - 2030, USD Million
FIG 18 Europe Calibration Services Market share by Country, 2022
FIG 19 Europe Calibration Services Market share by Country, 2030
FIG 20 Europe Calibration Services Market by Country, 2019 - 2030, USD Million
FIG 21 Recent strategies and developments: Keysight Technologies, Inc.
FIG 22 SWOT Analysis: Keysight Technologies, Inc.
FIG 23 Recent strategies and developments: Hexagon AB
FIG 24 SWOT Analysis: Hexagon AB
FIG 25 Recent strategies and developments: Rohde & Schwarz GmbH & Co. KG
FIG 26 SWOT Analysis: Rohde & Schwarz GmbH & Co. KG
FIG 27 SWOT Analysis: fortive corporation
FIG 28 SWOT Analysis: Viavi Solutions, Inc.
FIG 29 SWOT Analysis: Advantest Corporation
FIG 30 Recent strategies and developments: National Instruments Corporation
FIG 31 SWOT Analysis: National Instruments Corporation
FIG 32 SWOT Analysis: ANRITSU CORPORATION
FIG 33 SWOT Analysis: Trescal SA
FIG 34 SWOT Analysis: Omega Engineering Inc.