The Latin America, Middle East and Africa Calibration Services Market would witness market growth of 8.4% CAGR during the forecast period (2023-2030).
As the calibration vendor has no vested interest in selling specific equipment, third-party calibration enables impartiality and objectivity in the calibration process. This ensures that calibration results are impartial and adhere to industry standards. Second, third-party calibration vendors frequently have extensive experience calibrating equipment from many manufacturers, enabling them to provide calibration services for various devices within an organization.
Companies that use equipment from multiple manufacturers find third-party calibration services particularly valuable. As a result, organizations can submit multiple instruments to a single vendor for calibration, making the process more convenient and cost-effective. Numerous advantages of calibration services are essential to the efficient and secure operation of an industrial or manufacturing facility.
Accuracy offers the equipment user the assurance that standard, repeatable procedures deliver high-quality, consistent output in accordance with design, requirement, and intended usage. Calibrated output equipment can produce parts within specifications, and calibrated quality assurance equipment ensures that parts are accepted and shipped as intended. Part rejections or, worse, returned orders result in extra effort, lost production time, and material waste, which negatively influences production efficiency and the bottom line, rendering the application of calibration services/equipment a necessary step.
In 2019, Saudi Arabia was one of the first MENA countries to launch 5G networks. According to the Saudi Arabian Communications and Information Technology Commission (CITC), 60 out of 118 governorates were overall served by 5G by the end of the second quarter, an increase of seven from the first quarter of 2021. One of the main markets in the GCC is Saudi Arabia for consumer electronics. Semiconductors that can handle higher frequencies and data rates are required to deploy 5G technology. This has increased the need for bonding techniques that guarantee low signal loss, high reliability, and efficient thermal management. As a result of the rising 5G network in the LAMEA region, the market is expected to grow.
The Brazil market dominated the LAMEA Calibration Services Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $152.8 million by 2030. The Argentina market is showcasing a CAGR of 9% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 8.1% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Calibration Services Market, by Application
1.4.2 LAMEA Calibration Services Market, by Service Category
1.4.3 LAMEA Calibration Services Market, by Proofreading
1.4.4 LAMEA 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. LAMEA Calibration Services Market by Application
5.1 LAMEA Industrial & Automation Market by Country
5.2 LAMEA Electronics Market by Country
5.3 LAMEA Aerospace & Defense Market by Country
5.4 LAMEA Communication Market by Country
5.5 LAMEA Others Market by Country
Chapter 6. LAMEA Calibration Services Market by Service Category
6.1 LAMEA Electrical Market by Country
6.2 LAMEA Mechanical Market by Country
6.3 LAMEA Dimensional Market by Country
6.4 LAMEA Thermodynamics Market by Country
Chapter 7. LAMEA Calibration Services Market by Proofreading
7.1 LAMEA In-house Market by Country
7.2 LAMEA Third-party Calibration Market by Country
7.3 LAMEA Manufacturer's Calibration Market by Country
Chapter 8. LAMEA Calibration Services Market by Country
8.1 Brazil Calibration Services Market
8.1.1 Brazil Calibration Services Market by Application
8.1.2 Brazil Calibration Services Market by Service Category
8.1.3 Brazil Calibration Services Market by Proofreading
8.2 Argentina Calibration Services Market
8.2.1 Argentina Calibration Services Market by Application
8.2.2 Argentina Calibration Services Market by Service Category
8.2.3 Argentina Calibration Services Market by Proofreading
8.3 UAE Calibration Services Market
8.3.1 UAE Calibration Services Market by Application
8.3.2 UAE Calibration Services Market by Service Category
8.3.3 UAE Calibration Services Market by Proofreading
8.4 Saudi Arabia Calibration Services Market
8.4.1 Saudi Arabia Calibration Services Market by Application
8.4.2 Saudi Arabia Calibration Services Market by Service Category
8.4.3 Saudi Arabia Calibration Services Market by Proofreading
8.5 South Africa Calibration Services Market
8.5.1 South Africa Calibration Services Market by Application
8.5.2 South Africa Calibration Services Market by Service Category
8.5.3 South Africa Calibration Services Market by Proofreading
8.6 Nigeria Calibration Services Market
8.6.1 Nigeria Calibration Services Market by Application
8.6.2 Nigeria Calibration Services Market by Service Category
8.6.3 Nigeria Calibration Services Market by Proofreading
8.7 Rest of LAMEA Calibration Services Market
8.7.1 Rest of LAMEA Calibration Services Market by Application
8.7.2 Rest of LAMEA Calibration Services Market by Service Category
8.7.3 Rest of LAMEA 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 LAMEA Calibration Services Market, 2019 - 2022, USD Million
TABLE 2 LAMEA 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 LAMEA Calibration Services Market by Application, 2019 - 2022, USD Million
TABLE 8 LAMEA Calibration Services Market by Application, 2023 - 2030, USD Million
TABLE 9 LAMEA Industrial & Automation Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Industrial & Automation Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Electronics Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Electronics Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Aerospace & Defense Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Aerospace & Defense Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Communication Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Communication Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Calibration Services Market by Service Category, 2019 - 2022, USD Million
TABLE 20 LAMEA Calibration Services Market by Service Category, 2023 - 2030, USD Million
TABLE 21 LAMEA Electrical Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Electrical Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Mechanical Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Mechanical Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Dimensional Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Dimensional Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Thermodynamics Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Thermodynamics Market by Country, 2023 - 2030, USD Million
TABLE 29 LAMEA Calibration Services Market by Proofreading, 2019 - 2022, USD Million
TABLE 30 LAMEA Calibration Services Market by Proofreading, 2023 - 2030, USD Million
TABLE 31 LAMEA In-house Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA In-house Market by Country, 2023 - 2030, USD Million
TABLE 33 LAMEA Third-party Calibration Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Third-party Calibration Market by Country, 2023 - 2030, USD Million
TABLE 35 LAMEA Manufacturer's Calibration Market by Country, 2019 - 2022, USD Million
TABLE 36 LAMEA Manufacturer's Calibration Market by Country, 2023 - 2030, USD Million
TABLE 37 LAMEA Calibration Services Market by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA Calibration Services Market by Country, 2023 - 2030, USD Million
TABLE 39 Brazil Calibration Services Market, 2019 - 2022, USD Million
TABLE 40 Brazil Calibration Services Market, 2023 - 2030, USD Million
TABLE 41 Brazil Calibration Services Market by Application, 2019 - 2022, USD Million
TABLE 42 Brazil Calibration Services Market by Application, 2023 - 2030, USD Million
TABLE 43 Brazil Calibration Services Market by Service Category, 2019 - 2022, USD Million
TABLE 44 Brazil Calibration Services Market by Service Category, 2023 - 2030, USD Million
TABLE 45 Brazil Calibration Services Market by Proofreading, 2019 - 2022, USD Million
TABLE 46 Brazil Calibration Services Market by Proofreading, 2023 - 2030, USD Million
TABLE 47 Argentina Calibration Services Market, 2019 - 2022, USD Million
TABLE 48 Argentina Calibration Services Market, 2023 - 2030, USD Million
TABLE 49 Argentina Calibration Services Market by Application, 2019 - 2022, USD Million
TABLE 50 Argentina Calibration Services Market by Application, 2023 - 2030, USD Million
TABLE 51 Argentina Calibration Services Market by Service Category, 2019 - 2022, USD Million
TABLE 52 Argentina Calibration Services Market by Service Category, 2023 - 2030, USD Million
TABLE 53 Argentina Calibration Services Market by Proofreading, 2019 - 2022, USD Million
TABLE 54 Argentina Calibration Services Market by Proofreading, 2023 - 2030, USD Million
TABLE 55 UAE Calibration Services Market, 2019 - 2022, USD Million
TABLE 56 UAE Calibration Services Market, 2023 - 2030, USD Million
TABLE 57 UAE Calibration Services Market by Application, 2019 - 2022, USD Million
TABLE 58 UAE Calibration Services Market by Application, 2023 - 2030, USD Million
TABLE 59 UAE Calibration Services Market by Service Category, 2019 - 2022, USD Million
TABLE 60 UAE Calibration Services Market by Service Category, 2023 - 2030, USD Million
TABLE 61 UAE Calibration Services Market by Proofreading, 2019 - 2022, USD Million
TABLE 62 UAE Calibration Services Market by Proofreading, 2023 - 2030, USD Million
TABLE 63 Saudi Arabia Calibration Services Market, 2019 - 2022, USD Million
TABLE 64 Saudi Arabia Calibration Services Market, 2023 - 2030, USD Million
TABLE 65 Saudi Arabia Calibration Services Market by Application, 2019 - 2022, USD Million
TABLE 66 Saudi Arabia Calibration Services Market by Application, 2023 - 2030, USD Million
TABLE 67 Saudi Arabia Calibration Services Market by Service Category, 2019 - 2022, USD Million
TABLE 68 Saudi Arabia Calibration Services Market by Service Category, 2023 - 2030, USD Million
TABLE 69 Saudi Arabia Calibration Services Market by Proofreading, 2019 - 2022, USD Million
TABLE 70 Saudi Arabia Calibration Services Market by Proofreading, 2023 - 2030, USD Million
TABLE 71 South Africa Calibration Services Market, 2019 - 2022, USD Million
TABLE 72 South Africa Calibration Services Market, 2023 - 2030, USD Million
TABLE 73 South Africa Calibration Services Market by Application, 2019 - 2022, USD Million
TABLE 74 South Africa Calibration Services Market by Application, 2023 - 2030, USD Million
TABLE 75 South Africa Calibration Services Market by Service Category, 2019 - 2022, USD Million
TABLE 76 South Africa Calibration Services Market by Service Category, 2023 - 2030, USD Million
TABLE 77 South Africa Calibration Services Market by Proofreading, 2019 - 2022, USD Million
TABLE 78 South Africa Calibration Services Market by Proofreading, 2023 - 2030, USD Million
TABLE 79 Nigeria Calibration Services Market, 2019 - 2022, USD Million
TABLE 80 Nigeria Calibration Services Market, 2023 - 2030, USD Million
TABLE 81 Nigeria Calibration Services Market by Application, 2019 - 2022, USD Million
TABLE 82 Nigeria Calibration Services Market by Application, 2023 - 2030, USD Million
TABLE 83 Nigeria Calibration Services Market by Service Category, 2019 - 2022, USD Million
TABLE 84 Nigeria Calibration Services Market by Service Category, 2023 - 2030, USD Million
TABLE 85 Nigeria Calibration Services Market by Proofreading, 2019 - 2022, USD Million
TABLE 86 Nigeria Calibration Services Market by Proofreading, 2023 - 2030, USD Million
TABLE 87 Rest of LAMEA Calibration Services Market, 2019 - 2022, USD Million
TABLE 88 Rest of LAMEA Calibration Services Market, 2023 - 2030, USD Million
TABLE 89 Rest of LAMEA Calibration Services Market by Application, 2019 - 2022, USD Million
TABLE 90 Rest of LAMEA Calibration Services Market by Application, 2023 - 2030, USD Million
TABLE 91 Rest of LAMEA Calibration Services Market by Service Category, 2019 - 2022, USD Million
TABLE 92 Rest of LAMEA Calibration Services Market by Service Category, 2023 - 2030, USD Million
TABLE 93 Rest of LAMEA Calibration Services Market by Proofreading, 2019 - 2022, USD Million
TABLE 94 Rest of LAMEA 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 LAMEA 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 LAMEA Calibration Services Market share by Application, 2022
FIG 10 LAMEA Calibration Services Market share by Application, 2030
FIG 11 LAMEA Calibration Services Market by Application, 2019 - 2030, USD Million
FIG 12 LAMEA Calibration Services Market share by Service Category, 2022
FIG 13 LAMEA Calibration Services Market share by Service Category, 2030
FIG 14 LAMEA Calibration Services Market by Service Category, 2019 - 2030, USD Million
FIG 15 LAMEA Calibration Services Market share by Proofreading, 2022
FIG 16 LAMEA Calibration Services Market share by Proofreading, 2030
FIG 17 LAMEA Calibration Services Market by Proofreading, 2019 - 2030, USD Million
FIG 18 LAMEA Calibration Services Market share by Country, 2022
FIG 19 LAMEA Calibration Services Market share by Country, 2030
FIG 20 LAMEA 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.