Calibration Services Market

Calibration Services Market Outlook (2024 to 2034)

The global calibration services market is projected to reach US$ 7.58 billion in 2024 and thereafter increase at 6.3% CAGR to end up at US$ 13.93 billion by 2034.

The market is expanding at a decent pace mainly due to governments worldwide laying down regulations to ensure product safety, which has increased the need for interoperability testing. Additionally, the rising demand for quality and inspection equipment in precision manufacturing is further driving the need for calibration services. These factors combined are contributing to the market's growth.

Demand for calibration services is also being fueled by the increasing complexity of technical devices, the globalization of trade, the importance of measurement accuracy for quality control, and risk mitigation in safety-critical industries. The growing use of quality management systems across various sectors requires periodic calibration to ensure compliance with global standards such as FDA and ISO regulations.

The need for calibration services is further amplified by the expansion of industries such as biotechnology, pharmaceuticals, and semiconductor manufacturing, which rely on high-precision measurements. Technological advancements are enhancing the accessibility and efficiency of calibration procedures, particularly through the development of automated and remote calibration systems.

Key Market Growth Drivers

• Continuous technological advancements in industries are boosting the need for calibration services as they guarantee that instruments continue to be accurate and dependable, which is essential for high-tech applications.
• Expansion of the calibration services market size is being driven by increasing requirements from industries such as healthcare, automotive, manufacturing, and others that have strict quality and safety laws.
• The use of sensors and precise instruments is increasing as a result of Industry 4.0 and the growing automation of industrial operations which is boosting the demand for calibration services to maintain the optimal performance of these technologies.
• Strict regulatory standards in various industries such as aerospace & defense, healthcare, automotive, and others are driving calibration services market growth.
• Adherence to these regulations is vital in guaranteeing safety, efficacy, and caliber, thus boosting the need for calibrating services.
• The importance of quality assurance and accurate measurements for maintaining product quality, minimizing waste, and enhancing customer satisfaction in several industries boosts the demand for calibration services.
• The dependability of industries such as pharmaceutical, biotechnology, electronics, and energy on calibration services is increasing.

Report Attributes	Details
Calibration Services Market Size (2024E)	US$ 7.58 Billion
Forecasted Market Value (2034F)	US$ 13.93 Billion
Global Market Growth Rate (2024 to 2034)	6.3% CAGR
North America Market Share (2024E)	35.8%
East Asia Market Growth Rate (2024 to 2034)	6.6% CAGR
Electrical Segment Value (2034F)	US$ 4.81 Billion
Electronics Manufacturing Segment Value (2034F)	US$ 5.42 Billion
Key Companies Profiled	TÜV SÜD; Rohde & Schwarz; Tektronix; Fluke; Hexagon; ABB Ltd.; Advantest Corporation; Master Gage & Tool Co.; Octagon Precision India Pvt. Ltd.; VIAVI Solutions Inc.; Omega Engineering, Inc.; Pratt and Whitney Measurement Systems, Inc.

Which Key Market Trend are Providers of Calibration Services Capitalizing On?

“Demand for Automated and Remote Calibration Systems”

Ongoing technological advancements in various industries are increasing the demand for precise and accurate measurements. As a result, instruments and equipment are becoming more complex, which drives the need for routine calibration to ensure their accuracy and reliability. Calibration services are crucial for high-tech applications, where even minor inconsistencies can lead to significant issues. These services help companies maintain operational efficiency and uphold quality standards by ensuring that equipment meets the required precision criteria.

Stringent regulations and standards related to quality and safety across sectors such as healthcare, aerospace and defense, and manufacturing are a key calibration services market trend. This ensures that businesses comply with international standards. For instance, in the healthcare sector, precise measurement is crucial to avoid incorrect diagnoses and treatments, making accurate calibration of medical devices essential for patient safety and treatment effectiveness.

What is Negatively Impacting Market Growth?

“High Cost of Specialized Tools and Equipment”

Calibration services can be costly, particularly for complex or specialized equipment. The calibration process often involves using specialized tools, following detailed instructions, and relying on the expertise of technicians. The high costs associated with these services can be unaffordable for many SMEs, especially when dealing with advanced and specialized equipment. The need for specialized tools, trained technicians, and rigorous procedures contributes to these high costs, making them a significant expense for SMEs with limited budgets.

Country-wise Insights

The North American region is poised to account for 35.8% of the worldwide calibration services market share in 2024. The presence of various well-established industries such as automotive, aerospace, and healthcare which require precise measurement and testing. East Asia is estimated to hold a 26.7% portion of the market share in 2024. The market in East Asia is influenced by infrastructural development in several countries and the growing manufacturing industry.

Why is Demand for Calibration Services High in the United States?

“Stringent Regulations Governing Maintenance of Instruments”

Attribute	United States
Market Value (2024E)	US$ 1.82 Billion
Growth Rate (2024 to 2034)	6.8% CAGR
Projected Value (2034F)	US$ 3.51 Billion

Demand for calibration services is increasing in the United States because of strict regulation standards across various sectors including well-established ones such as healthcare, aerospace, automotive, and manufacturing mandate precise and accurate measurements to ensure safety and quality. These regulations are applied by the regular calibration of equipment to avoid legal penalties incurred in case of non-compliance.

In case the standards are observed, businesses not only have instruments or processes correct and up to the set standard but also retain their licenses to operate while keeping off expensive compliance issues. This regulatory pressure is driving up the demand for regular and dependable calibration services in the United States.

Why are Calibration Service Providers Thriving in Japan?

“High Focus on Reducing Possibility of Errors in Industrial Production”

Attribute	Japan
Market Value (2024E)	US$ 522.3 Million
Growth Rate (2024 to 2034)	7.6% CAGR
Projected Value (2034F)	US$ 1.08 Billion

Japan is known for its competence in industrial production, and this is reflected in the highly regarded precision and quality of its manufacturing sector. businesses in Japan have high requirements for their equipment's performance, and they need to maintain them. For this reason, regular calibration is important since it reduces the possibility of errors in procedures and measurements. Manufacturers maintain product uniformity and reliability, which are essential for fulfilling domestic and international quality standards, by routinely calibrating their devices.

Category-wise Insights

Based on end-use industry, the market is segmented into electronics manufacturing, communication, aerospace & defense, automotive, healthcare, and scientific research. Even though the electronic manufacturing segment holds a leading position, demand for calibration services in the automotive industry is projected to increase at a 7% CAGR through 2034.

What Makes Accurate Electrical Calibration Crucial for Operation of Electronic Instruments?

“Need for Precise Measurement and Control of Electrical Parameters”

Attribute	Electrical
Segment Value (2024E)	US$ 2.72 Billion
Growth Rate (2024 to 2034)	5.5% CAGR
Projected Value (2034F)	US$ 4.81 Billion

Demand for electrical calibration is high due to its crucial role in electronic instruments and devices. Accurate measurement and control of electrical parameters such as voltage, current, resistance, and frequency are essential for ensuring the reliable operation and safety of electrical systems.

In sectors like manufacturing, telecommunications, and energy, precise electrical calibration is vital to prevent equipment malfunctions, reduce downtime, and ensure compliance with stringent safety and performance standards. As these industries increasingly depend on advanced electrical systems, the need for accurate and consistent electrical calibration intensifies, making it a high-priority service compared to other types of calibration.

Why is Need for Calibration Services High in Electronics Manufacturing?

“Role of Calibration in Maintaining Functionality and Reliability of Electronic Devices”

Attribute	Electronics Manufacturing
Segment Value (2024E)	US$ 2.92 Billion
Growth Rate (2024 to 2034)	6.6% CAGR
Projected Value (2034F)	US$ 5.42 Billion

Need for calibration services is increasing in the electronic manufacturing industry due to the critical need for the precision and accuracy of electronic components and systems. Even minor measurement errors can cause serious problems with performance or even product failures in the electronic manufacturing industry. Developing dependable and high-quality electronic products depends on the calibration of electronic testing and measurement tools to preserve their accuracy.

Maintaining the functioning and dependability of electronic devices requires continuous calibration, which also helps prevent problems, guarantees adherence to industry standards, and supports quality assurance procedures.

Competitive Landscape

Key players in the calibration services industry are expanding the scope of their offerings to cover more specialized and niche areas, such as calibrations for high-tech equipment or industry-specific needs to attract end-use industries.

• In April 2024, India's first "medical devices calibration facility on wheels" was introduced by the Indian Institute of Technology Madras (IIT Madras). Under its "Anaivarukkum IITM" (IITM for all) Initiatives, IIT Madras created this.
• In February 2024, in response to the rising demand for its service around the country, Komori India launched its PDC calibration service in Mumbai, India. This announcement was made at the Pamex 2024 in February, where senior Komori officials gave details about the new products.
• In September 2023, a US$18 million NASA Commercial Lunar Payload Services (CLPS) contract was given to Firefly Aerospace, Inc., an end-to-end space transportation corporation, to offer radio frequency calibration services from lunar orbit as part of Blue Ghost Voyage 2, Firefly's second voyage to the Moon in 2026. With this contract, Firefly has been awarded its third NASA CLPS task order, worth almost US$ 230 million, for lunar payload services.
• In June 2021, the Godrej Group's flagship company, Godrej & Boyce, announced the opening of a new Mobile Calibration Lab Service in the states of Kerala, Karnataka, Telangana, Tamil Nadu, and Andhra Pradesh. Its goal is to offer on-site calibration services to clients in industries with a lot of measuring equipment that needs to be extremely precise, like manufacturing, aerospace, and automotive.

Fact.MR provides detailed information about the price points of key providers of calibration services positioned across the world, sales growth, production capacity, and speculative technological expansion, in this new market report.

Segmentation of Calibration Services Market Research

• By Type:

  • Electrical
  • Flow
  • Temperature
  • Humidity
  • Pressure
  • Dimensional
  • Radio Frequency

• By End-Use Industry:

  • Electronics Manufacturing
  • Communication
  • Aerospace & Defense
  • Automotive
  • Healthcare
  • Scientific Research

• By Region:

  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa