Electrical Calibration Equipment Market

Electrical Calibration Equipment Market By Device Type (Ammeters, Capacitance Meters, Multimeters, Insulation Testers,Clamp Meters, Loop & Earth Testers, Oscilloscopes), By Principal Parameter, By Precision Device, By Portability, By End-use, By Region - Global Insights 2022-2033

Analysis of Electrical Calibration Equipment Market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Increased Adoption of Electrical Components in Various Verticals to Surge Demand for Calibration Equipment

The global electric calibration equipment market is set to be valued at US$ 2.4 billion in 2023 and further expand at a CAGR of 5.6% to reach US$ 4.2 billion by 2033-end. Revenue from electric calibration equipment accounted for nearly 23% share of the global calibration equipment market in 2022.

Fact.MR, a market research and competitive intelligence provider, foresees thriving growth in the demand for electrical calibration equipment over the coming years. In everyday use, the equipment for measuring power, intensity, voltage, and resistance makes it possible to confirm the proper functioning of machines and installations, and electrical calibration boosts confidence in its measurement accuracy and performance. Electrical calibration is foundational to the safety, quality, and innovation of most products & services and determines the traceability of measurement.

Electrical calibration reduces future maintenance, thus saving a substantial amount of money, and additionally increases the profitability of process operations. In recent years, the market for calibration equipment has experienced a complete transformation due to an increase in manufacturing and services. New and advanced calibrating processes are replacing outdated and traditional ones, allowing for efficient and sustainable manufacturing.

Demand for volt sticks and detectors is projected to increase as the need for safe and non-contact voltage testers rises. It is expected that electrical calibration devices will be used in IT & telecommunications on a substantial scale. Also, demand from laboratories and institutes is likely to witness significant growth and drive the growth of the market in the years ahead.

Owners of services tend to favor the most recent technology, taking into account the need for efficient, precise, and accurate manufacturing methods. With its many advanced features and specifications, modern electrical meter calibration equipment is equipped to offer the desired output.

The diversity of applications in various end-use sectors such as aerospace & defense, automotive, electrical & electronics, industrial manufacturing, IT & telecommunication, laboratories & institutes, oil & gas and petrochemicals, pharmaceuticals, power & energy, and other industries is set to drive the sales of electrical calibration equipment over the coming years.

Report Attributes

Details

Electrical Calibration Equipment Market Size (2022A)

US$ 2.3 Billion

Estimated Market Value (2023E)

US$ 2.4 Billion

Forecasted Market Value (2033F)

US$ 4.2 Billion

Global Market Growth Rate (2023-2033)

5.6% CAGR

North America Market Share (2023)

~ 27.9%

North America Market Value (US$ Mn), 2023

US$ 679.3 Million

Europe Market Share (%), 2023

~25.5%

Europe Market Value (US$ Mn), 2023

US$ 621.6 Million

China Market Share (%), 2023

~11.6%

China Market Value (US$ Mn), 2023

US$ 283.4 Million

Top 3 Countries’ Market Share (%)

~42.1%

Key Companies Profiled

  • Additel Corporation
  • AEMC
  • Extech Instruments
  • Fluke Corporation
  • Keysight Technologies Inc
  • Mastech
  • Meatest
  • Megger
  • TEKTRONIX, INC.
  • Time Electronics Ltd
  • Transmille Ltd
  • WIKA Instruments India Pvt. Ltd.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Sales of Electrical Calibration Equipment Market (2018-2022) Vs. Industry Forecast Outlook (2023-2033)

According to this new Fact.MR study, the utilization of electrical calibration equipment witnessed a growth rate of 0.9% over the past half-decade. This was due to increasing demand from end-use industries, wherein, benched devices by portability type accounted for the highest market share of electrical calibration equipment - approximately 80.1% in 2022.

Accelerating demand for electrical calibration equipment in numerous new setups in the pharmaceutical industry for the development of vaccines and medicines, in aerospace and defense for measuring the fuel consumption of rotary and fixed-wing aircraft, missiles, and torpedoes, in power generation for boilers, in metal and mining, and the paper and pulp sector is expected to drive market development over the decade.

Surging utilization of electrical calibration equipment in the above-mentioned sectors is anticipated to create an absolute $ opportunity of US$ 1.07 billion by 2033.

Furthermore, surging use of electrical calibration equipment in the power and energy sector in the field of clean energy and smart grids is likely to support the market expansion over the period of 2023-2033.

Electrical calibration equipment market forecast by Fact.MR

What’s Driving Demand for Electrical Calibration Equipment?

“Enhanced Focus on Accurate Measurements & MRO Driving Demand in Aerospace and Defense Sectors”

Extensive, accurate, and timely electronic calibration is a critical task for the aerospace and defense industry. The voltage and current meter should be calibrated and constantly visible to the pilot to avoid any difficulty, which can directly result in the loss of life.

Batteries and generators often play a crucial role in aircraft and are a primary source of electrical power. In complex avionic systems, malfunction of electronic devices can pose serious problems. Accurate measurement is therefore in high demand in the aviation industry.

Maintenance, repair, and overhaul (MRO) in the aviation industry involve the restoration, service, and examination of aircraft and components perform testing activities to ensure the safety and reliability of aircraft as per international aviation standards. Electrical power relays fitted on a variety of aircraft that contain high amperage accessories such as a battery, starter, lights, and electrical actuators require maintenance and inspection, which is expected to propel the demand for electrical calibration equipment for MRO services in aviation technology.

“Growing Demand for Maintenance & Repair of Systems”

Manual electrical calibration equipment that occasionally performs inaccurate calibration can result in a variety of issues, including operation malfunction or additional maintenance and repair costs. Even the smallest calibration error can cost customers millions of dollars every year in critical applications, such as in the aerospace and defense, crude oil, or natural gas industries.

Industries are requesting process automation in calibration technology to combat this. This is one of the significant technological advancements that is revolutionizing end-user industries' processes and methods of service delivery.

In addition to offering equipment calibration and removing assembly errors, calibration service providers also meet customers' expectations for reduced future maintenance and repair costs, improved service quality, and quick turnaround times, thus leading to an increase in profitability.

Additionally, reducing device failures and product recalls leads to positive outcomes, helping maintain customer loyalty and increase sales. This factor is boosting the demand for electrical calibration equipment.

“Increasing Investments in Clean Energy”

  • As per the International Energy Agency (IEA), global renewable energy investment is set to reach a total of US$ 1.4 trillion in 2022.

The rising renewable energy sector also generates higher demand for electrical calibration equipment for battery, transformer, power quality, and insulating testing applications.

There will be a significant demand for testing equipment to measure DC as most renewable energy generates DC other than conventional AC. For the smooth operation of renewable power generation units, various standards are to be followed that define the control of active and reactive power, behavior of grid disturbances, and limits of power quality based on country.

Testing as per regulations requires different test procedures and the usage of test equipment such as power analyzers, data loggers, and multimeters, among others. This will lead to the rising demand for electrical calibration equipment in the renewable sector for dynamic monitoring to scale distribution, optimize grid assets, and analyze grid performance.

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What Concerns Do Electrical Calibration Equipment Manufacturers Have?

“Scarcity of Raw Materials for Production and High Calibration Costs”

One of the major restraints for the electric meter calibration market is the unavailability of key raw materials for production, resulting in price complexity. Electric meter calibration equipment costs more since it is produced using costly materials that have a higher lifespan and are more durable, tolerant to environmental effects, and more limited in availability, such as nickel carbide, ceramics, aluminium, brass, and PVDF.

Also, getting certifications from various national institutions can be costly, which is why electrical calibration equipment tends to cost more. Along with that, highly expert and skilled professionals are required to operate calibration-testing equipment and perform tests following the regulations, directives, and standards applicable to the devices being calibrated. Ultimately, it comes down to what customers value and hold most important, and their budget. This is where research can be important in overcoming this restraint.

Country Wise Analysis

How is Industrial Advancement in the U.S. Driving Sales of Electrical Calibration Equipment?

The United States of America has gathered the significant attention of manufacturers because of the large-scale industrialization and urbanization in the country. Leading companies such as Keysight Technologies, Fluke Corporation, and Tektronix headquartered in the U.S. are carrying out huge expansion plans by opening facilities and launching new products. Companies are also going for vertical and horizontal expansion.

Due to these factors, the U.S. represented over 90% of the North American market share in 2022. The United States is expected to reach a market valuation of US$ 610.9 million in 2023. This has proved to be an opportunity for electrical calibration equipment manufacturers to enter local markets with advanced products.

What Makes China a Huge Market for Electrical Calibration Equipment Suppliers?

Huge investments are being made in the development of electrical calibration equipment in the dynamic electrical and electronics industry in China. This equipment comes with advanced technology, which lessens calibration errors and increases the overall efficiency of the devices being calibrated.

The electric calibration equipment market in China is predicted to grow at a CAGR of around 6.6% because of these factors. Growing number of manufacturers that are attaining control over the market and providing devices at less prices would aid regional market growth. China is expected to reach a market valuation of US$ 545.48 million by the end of the forecast period.

Category wise Insight

Why is the Electrical & Electronics Sector in the Eye of Manufacturers?

Rapid growth in technological innovations is simulating consistent demand for the latest electronics products. The global consumer electronics market brought in US$ 716.3 billion in revenue in 2022. Technological advancements are aiding both consumers and businesses in replacing and upgrading old devices with updated versions.

The use of semiconductor devices is growing rapidly across the world, with escalated demand for consumer electronic products such as TVs, washing machines, refrigerators, and mobile phones, among others. Demand for electronic goods is also projected to increase due to innovations by businesses supported by the rapid advancement of technology.

The testing and measurement of this equipment authenticate the performance of the devices and improve their efficiency. This rise in demand for electronic products will lead to the growth of the electrical calibration equipment market. The electrical & electronics end-use vertical accounted for a valuation of around US$ 1 billion in 2022 and is expected to reach US$ 1.8 billion by the end of 2033.

Why are Multimeters Likely to Witness Accelerated Demand Growth?

Revenue generated from multimeter electrical calibration equipment is expected to increase at 7.3% CAGR during the forecast period. Multimeters are necessary for any kind of electrical work and are indispensable equipment for the testing, troubleshooting, and diagnosing of electric circuits, devices, and components.

They measure the three fundamental components of electrical energy - amps, volts, and ohms. Nowadays, digital multimeters are used by technicians in several industries to measure with greater accuracy, reliability, and improved impedance.

Multimeters can be used to test the continuity between points in an electric circuit and can be used for testing batteries, household wiring, electric motors, power supplies, etc. Multimeters combine the testing abilities of ammeters, voltmeters, and ohmmeters with several additional specialized features and advanced options, thereby omitting the need to buy several calibration equipments.

In 2023, the multimeters segment is predicted to hold the highest market share of 16.8% by device type and reach a market value of US$ 408.6 million.

Competitive Landscape

Fact.MR has profiled the following key electrical calibration equipment manufacturers - Additel Corporation, AEMC, Extech Instruments, Fluke Corporation, Keysight Technologies Inc, Mastech, Meatest, Megger, TEKTRONIX, INC., Time Electronics Ltd, Transmille Ltd, and WIKA Instruments India Pvt. Ltd. These manufacturers are innovating technologically advanced products to counter the latest challenges related to component placement in the calibration space.

Prominent players are following a competitive market pricing strategy in the electric calibration equipment market. Companies are developing constructive partnerships and associations with several end-use industries for systematic recalibration. Due to the increasing demand for recalibration, manufacturers can leverage maintenance while observing stability in demand.

  • In April 2021, Fluke Corporation launched its latest clamp meters 377 FC and 378 FC; these are claimed to be the first clamp meters that measure voltage by non-contact accurately and safely in the absence of test leads. The equipment uses field sense technology making the test safer and faster without touching a live conductor.
  • In December 2021, Megger announced its acquisition of Metrycom, a leading provider of analytics and grid network sensors to the electric supply industry. With this, the company is focusing on its expanding online monitoring solutions and improving its predictive maintenance solutions with the improved detection and location of unplanned outages.

Segments of Electrical Calibration Equipment Industry Research

  • By Device Type :

    • Ammeters
    • Multifunction Testers
    • Capacitance Meters
    • Multimeters
    • Insulation Testers
    • Oscilloscopes
    • Signal Generators
    • Power Analyzers
    • Chart Recorders & Data Loggers
    • Clamp Meters
    • Loop & Earth Testers
    • Socket Testers
    • Milliohm & Microhm Meters
    • Volt Sticks & Detectors
    • Others
  • By Principal Parameter :

    • Voltage
    • Current
    • Resistance
    • Inductance
    • Capacitance
    • Time
    • Frequency
    • Others
  • By Precision Device :

    • Precision Source
    • Precision Measurement
  • By Portability :

    • Benched
    • Portable / Handheld
  • By End-use Vertical :

    • Aerospace & Defense
    • Automotive
    • Electrical & Electronics
    • Industrial Manufacturing
    • IT & Telecommunication
    • Laboratories & Institutes
    • Oil & Gas And Petrochemicals
    • Pharmaceuticals
    • Power & Energy
    • Others
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • Middle East & Africa

Table of Content

1. Market - Executive Summary

2. Market Overview

    2.1. Market Definition and Introduction

    2.2. Market Taxonomy/ Research Scope

3. Market Background and Foundation Data

    3.1. Global Calibration Industry Outlook: Key Statistics

        3.1.1. Pressure Calibration

        3.1.2. Temperature Calibration

        3.1.3. Flow Calibration

        3.1.4. Pipette Calibration

        3.1.5. Electrical calibration

        3.1.6. Mechanical calibration

    3.2. Penetration of in Global Calibration Equipment Market

    3.3. Average Spending on Electrical Calibration Services, by End Use Vertical

    3.4. Calibration Services Offered, by Calibration Site

        3.4.1. In-house

        3.4.2. User Site

        3.4.3. Laboratory

    3.5. Comparison of Different Calibration Systems and Scope of improvement

    3.6. Growth & Development Pattern in Market

    3.7. Market Opportunity Assessment

        3.7.1. Total Available Market (US$ Mn)

        3.7.2. Serviceable Addressable Market (US$ Mn)

        3.7.3. Serviceable Obtainable Market (US$ Mn)

    3.8. Market White Space Assessment

    3.9. Market Dynamics

        3.9.1. Market Growth Drivers

        3.9.2. Market Restraints

        3.9.3. Market Opportunity

        3.9.4. Market Trends

    3.10. Industry Value and Supply Chain Analysis

        3.10.1. Value Added at Each Node of Supply Chain

        3.10.2. Gross Profitability Margins (at Every Level)

        3.10.3. List of Key Participants

            3.10.3.1. Component Suppliers

            3.10.3.2. Electrical Calibration Manufactures

            3.10.3.3. End Users (Prominent)

    3.11. Forecast and Macro-economic Factors – Relevance and Impact

4. Global Demand (Units) Analysis and Forecast

    4.1. Historical Market Volume (Units) Analysis, 2018-2022

    4.2. Current and Future Market Volume (Units) Projections, 2023-2033

    4.3. Y-o-Y Volume Growth Trend Analysis

5. Global Market - Pricing Analysis

    5.1. Product Type and Country-Level Pricing Analysis

    5.2. Global Average Pricing Analysis Benchmark

    5.3. Factors Influencing Pricing

6. Global Market Value (US$ million) Analysis and Forecast

    6.1. Historical Market Value (US$ million) Analysis, 2018-2022

    6.2. Current and Future Market Value (US$ million) Projections, 2023-2033

        6.2.1. Y-o-Y Growth Trend Analysis

        6.2.2. Absolute $ Opportunity Analysis

7. Global Market Analysis and Forecast, By Device Type

    7.1. Introduction / Key Findings

    7.2. Historical Market Size (US$ million) and Volume (Units) Analysis By Device Type, 2018-2022

    7.3. Current and Future Market Size (US$ million) Analysis and Volume (Units) Forecast By Device Type, 2023-2033

        7.3.1. Ammeters

        7.3.2. Multifunction Testers

        7.3.3. Capacitance Meters

        7.3.4. Multimeters

        7.3.5. Insulation Testers

        7.3.6. Oscilloscopes

        7.3.7. Signal Generators

        7.3.8. Power Analyzers

        7.3.9. Chart Recorders & Data Loggers

        7.3.10. Clamp Meters

        7.3.11. Loop & Earth Testers

        7.3.12. Socket Testers

        7.3.13. Milliohm & Microhm Meters

        7.3.14. Volt Sticks & Detectors

        7.3.15. Others

    7.4. Market Attractiveness Analysis By Device Type

8. Global Market Analysis and Forecast, By Principal Parameter

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ million) and Volume (Units) Analysis By Principal Parameter , 2018-2022

    8.3. Current and Future Market Size (US$ million) Analysis and Volume (Units) Forecast By Principal Parameter , 2023-2033

        8.3.1. Voltage

        8.3.2. Current

        8.3.3. Resistance

        8.3.4. Inductance

        8.3.5. Capacitance

        8.3.6. Time

        8.3.7. Frequency

        8.3.8. Others

    8.4. Market Attractiveness Analysis By Principal Parameter

9. Global Market Analysis and Forecast, By Precision Device

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ million) and Volume (Units) Analysis By Precision Device , 2018-2022

    9.3. Current and Future Market Size (US$ million) Analysis and Volume (Units) Forecast By Precision Device , 2023-2033

        9.3.1. Precision Source

        9.3.2. Precision Measurement

    9.4. Market Attractiveness Analysis By Precision Device

10. Global Market Analysis and Forecast, By Portability

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ million) and Volume (Units) Analysis By Portability , 2018-2022

    10.3. Current and Future Market Size (US$ million) Analysis and Volume (Units) Forecast By Portability , 2023-2033

        10.3.1. Benched

        10.3.2. Portable / Handheld

    10.4. Market Attractiveness Analysis By Portability

11. Global Market Analysis and Forecast, By End Use Vertical

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ million) and Volume (Units) Analysis By End Use Vertical , 2018-2022

    11.3. Current and Future Market Size (US$ million) Analysis and Volume (Units) Forecast By End Use Vertical , 2023-2033

        11.3.1. Aerospace & Defense

        11.3.2. Automotive

        11.3.3. Electrical & Electronics

        11.3.4. Industrial Manufacturing

        11.3.5. IT & Telecommunication

        11.3.6. Laboratories & Institutes

        11.3.7. Oil & Gas And Petrochemical

        11.3.8. Pharmaceuticals

        11.3.9. Power & Energy

        11.3.10. Others

    11.4. Market Attractiveness Analysis By End Use Vertical

12. Global Market Analysis and Forecast, By Region

    12.1. Introduction

    12.2. Historical Market Size (US$ million) and Volume (Units) Analysis By Region, 2018-2022

    12.3. Current Market Size (US$ million) Analysis and Volume (Units) Forecast By Region, 2023-2033

        12.3.1. North America

        12.3.2. Latin America

        12.3.3. Europe

        12.3.4. East Asia

        12.3.5. South Asia & Oceania

        12.3.6. Middle East & Africa

    12.4. Market Attractiveness Analysis By Region

13. North America Market Analysis and Forecast

    13.1. Introduction / Key Findings

    13.2. Pricing Analysis

    13.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022

    13.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2023 - 2033

        13.4.1. By Country

            13.4.1.1. U.S.

            13.4.1.2. Canada

        13.4.2. By Device Type

        13.4.3. By Principal Parameter

        13.4.4. By Precision Device

        13.4.5. By Portability

        13.4.6. By End Use Vertical

    13.5. Market Attractiveness Analysis

        13.5.1. By Country

        13.5.2. By Device Type

        13.5.3. By Principal Parameter

        13.5.4. By Precision Device

        13.5.5. By Portability

        13.5.6. By End Use Vertical

14. Latin America Market Analysis and Forecast

    14.1. Introduction / Key Findings

    14.2. Pricing Analysis

    14.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022

    14.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2023 - 2033

        14.4.1. By Country

            14.4.1.1. Brazil

            14.4.1.2. Mexico

            14.4.1.3. Argentina

            14.4.1.4. Rest of Latin America

        14.4.2. By Device Type

        14.4.3. By Principal Parameter

        14.4.4. By Precision Device

        14.4.5. By Portability

        14.4.6. By End Use Vertical

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Device Type

        14.5.3. By Principal Parameter

        14.5.4. By Precision Device

        14.5.5. By Portability

        14.5.6. By End Use Vertical

15. Europe Market Analysis and Forecast

    15.1. Introduction / Key Findings

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022

    15.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2023 - 2033

        15.4.1. By Country

            15.4.1.1. Germany

            15.4.1.2. France

            15.4.1.3. Italy

            15.4.1.4. Spain

            15.4.1.5. U.K.

            15.4.1.6. BENELUX

            15.4.1.7. Russia

            15.4.1.8. Rest of Europe

        15.4.2. By Device Type

        15.4.3. By Principal Parameter

        15.4.4. By Precision Device

        15.4.5. By Portability

        15.4.6. By End Use Vertical

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Device Type

        15.5.3. By Principal Parameter

        15.5.4. By Precision Device

        15.5.5. By Portability

        15.5.6. By End Use Vertical

16. East Asia Market Analysis and Forecast

    16.1. Introduction / Key Findings

    16.2. Pricing Analysis

    16.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022

    16.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2023 - 2033

        16.4.1. By Country

            16.4.1.1. China

            16.4.1.2. Japan

            16.4.1.3. South Korea

        16.4.2. By Device Type

        16.4.3. By Principal Parameter

        16.4.4. By Precision Device

        16.4.5. By Portability

        16.4.6. By End Use Vertical

    16.5. Market Attractiveness Analysis

        16.5.1. By Country

        16.5.2. By Device Type

        16.5.3. By Principal Parameter

        16.5.4. By Precision Device

        16.5.5. By Portability

        16.5.6. By End Use Vertical

17. South Asia & Oceania Market Analysis and Forecast

    17.1. Introduction / Key Findings

    17.2. Pricing Analysis

    17.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022

    17.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2023 - 2033

        17.4.1. By Country

            17.4.1.1. India

            17.4.1.2. Thailand

            17.4.1.3. Indonesia

            17.4.1.4. Malaysia

            17.4.1.5. Australia

            17.4.1.6. New Zealand

            17.4.1.7. Rest of South Asia & Oceania

        17.4.2. By Device Type

        17.4.3. By Principal Parameter

        17.4.4. By Precision Device

        17.4.5. By Portability

        17.4.6. By End Use Vertical

    17.5. Market Attractiveness Analysis

        17.5.1. By Country

        17.5.2. By Device Type

        17.5.3. By Principal Parameter

        17.5.4. By Precision Device

        17.5.5. By Portability

        17.5.6. By End Use Vertical

18. Middle East & Africa Market Analysis and Forecast

    18.1. Introduction / Key Findings

    18.2. Pricing Analysis

    18.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022

    18.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2023 - 2033

        18.4.1. By Country

            18.4.1.1. GCC Countries

            18.4.1.2. South Africa

            18.4.1.3. Northern Africa

            18.4.1.4. Turkey

            18.4.1.5. Rest of Middle East & Africa

        18.4.2. By Device Type

        18.4.3. By Principal Parameter

        18.4.4. By Precision Device

        18.4.5. By Portability

        18.4.6. By End Use Vertical

    18.5. Market Attractiveness Analysis

        18.5.1. By Country

        18.5.2. By Device Type

        18.5.3. By Principal Parameter

        18.5.4. By Precision Device

        18.5.5. By Portability

        18.5.6. By End Use Vertical

19. Country-level Market Analysis and Forecast

    19.1. Introduction / Key Findings

        19.1.1. Market Value Proportion Analysis, By Key Countries

        19.1.2. Global Vs. Country Growth Comparison

    19.2. US Market Analysis

        19.2.1. Value Proportion Analysis by Market Taxonomy

        19.2.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.2.2.1. By Device Type

            19.2.2.2. By Principal Parameter

            19.2.2.3. By Precision Device

            19.2.2.4. By Portability

            19.2.2.5. By End Use Vertical

    19.3. Canada Market Analysis

        19.3.1. Value Proportion Analysis by Market Taxonomy

        19.3.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.3.2.1. By Device Type

            19.3.2.2. By Principal Parameter

            19.3.2.3. By Precision Device

            19.3.2.4. By Portability

            19.3.2.5. By End Use Vertical

    19.4. Brazil Market Analysis

        19.4.1. Value Proportion Analysis by Market Taxonomy

        19.4.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.4.2.1. By Device Type

            19.4.2.2. By Principal Parameter

            19.4.2.3. By Precision Device

            19.4.2.4. By Portability

            19.4.2.5. By End Use Vertical

    19.5. Mexico Market Analysis

        19.5.1. Value Proportion Analysis by Market Taxonomy

        19.5.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.5.2.1. By Device Type

            19.5.2.2. By Principal Parameter

            19.5.2.3. By Precision Device

            19.5.2.4. By Portability

            19.5.2.5. By End Use Vertical

    19.6. Argentina Market Analysis

        19.6.1. Value Proportion Analysis by Market Taxonomy

        19.6.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.6.2.1. By Device Type

            19.6.2.2. By Principal Parameter

            19.6.2.3. By Precision Device

            19.6.2.4. By Portability

            19.6.2.5. By End Use Vertical

    19.7. Germany Market Analysis

        19.7.1. Value Proportion Analysis by Market Taxonomy

        19.7.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.7.2.1. By Device Type

            19.7.2.2. By Principal Parameter

            19.7.2.3. By Precision Device

            19.7.2.4. By Portability

            19.7.2.5. By End Use Vertical

    19.8. France Market Analysis

        19.8.1. Value Proportion Analysis by Market Taxonomy

        19.8.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.8.2.1. By Device Type

            19.8.2.2. By Principal Parameter

            19.8.2.3. By Precision Device

            19.8.2.4. By Portability

            19.8.2.5. By End Use Vertical

    19.9. Italy Market Analysis

        19.9.1. Value Proportion Analysis by Market Taxonomy

        19.9.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.9.2.1. By Device Type

            19.9.2.2. By Principal Parameter

            19.9.2.3. By Precision Device

            19.9.2.4. By Portability

            19.9.2.5. By End Use Vertical

    19.10. Spain Market Analysis

        19.10.1. Value Proportion Analysis by Market Taxonomy

        19.10.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.10.2.1. By Device Type

            19.10.2.2. By Principal Parameter

            19.10.2.3. By Precision Device

            19.10.2.4. By Portability

            19.10.2.5. By End Use Vertical

    19.11. U.K. Market Analysis

        19.11.1. Value Proportion Analysis by Market Taxonomy

        19.11.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.11.2.1. By Device Type

            19.11.2.2. By Principal Parameter

            19.11.2.3. By Precision Device

            19.11.2.4. By Portability

            19.11.2.5. By End Use Vertical

    19.12. BENELUX Market Analysis

        19.12.1. Value Proportion Analysis by Market Taxonomy

        19.12.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.12.2.1. By Device Type

            19.12.2.2. By Principal Parameter

            19.12.2.3. By Precision Device

            19.12.2.4. By Portability

            19.12.2.5. By End Use Vertical

    19.13. Russia Market Analysis

        19.13.1. Value Proportion Analysis by Market Taxonomy

        19.13.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.13.2.1. By Device Type

            19.13.2.2. By Principal Parameter

            19.13.2.3. By Precision Device

            19.13.2.4. By Portability

            19.13.2.5. By End Use Vertical

    19.14. Rest of Europe Market Analysis

        19.14.1. Value Proportion Analysis by Market Taxonomy

        19.14.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.14.2.1. By Device Type

            19.14.2.2. By Principal Parameter

            19.14.2.3. By Precision Device

            19.14.2.4. By Portability

            19.14.2.5. By End Use Vertical

    19.15. China Market Analysis

        19.15.1. Value Proportion Analysis by Market Taxonomy

        19.15.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.15.2.1. By Device Type

            19.15.2.2. By Principal Parameter

            19.15.2.3. By Precision Device

            19.15.2.4. By Portability

            19.15.2.5. By End Use Vertical

    19.16. Japan Market Analysis

        19.16.1. Value Proportion Analysis by Market Taxonomy

        19.16.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.16.2.1. By Device Type

            19.16.2.2. By Principal Parameter

            19.16.2.3. By Precision Device

            19.16.2.4. By Portability

            19.16.2.5. By End Use Vertical

    19.17. South Korea Market Analysis

        19.17.1. Value Proportion Analysis by Market Taxonomy

        19.17.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.17.2.1. By Device Type

            19.17.2.2. By Principal Parameter

            19.17.2.3. By Precision Device

            19.17.2.4. By Portability

            19.17.2.5. By End Use Vertical

    19.18. India Market Analysis

        19.18.1. Value Proportion Analysis by Market Taxonomy

        19.18.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.18.2.1. By Device Type

            19.18.2.2. By Principal Parameter

            19.18.2.3. By Precision Device

            19.18.2.4. By Portability

            19.18.2.5. By End Use Vertical

    19.19. Thailand Countries Market Analysis

        19.19.1. Value Proportion Analysis by Market Taxonomy

        19.19.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.19.2.1. By Device Type

            19.19.2.2. By Principal Parameter

            19.19.2.3. By Precision Device

            19.19.2.4. By Portability

            19.19.2.5. By End Use Vertical

    19.20. Indonesia Countries Market Analysis

        19.20.1. Value Proportion Analysis by Market Taxonomy

        19.20.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.20.2.1. By Device Type

            19.20.2.2. By Principal Parameter

            19.20.2.3. By Precision Device

            19.20.2.4. By Portability

            19.20.2.5. By End Use Vertical

    19.21. Malaysia Countries Market Analysis

        19.21.1. Value Proportion Analysis by Market Taxonomy

        19.21.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.21.2.1. By Device Type

            19.21.2.2. By Principal Parameter

            19.21.2.3. By Precision Device

            19.21.2.4. By Portability

            19.21.2.5. By End Use Vertical

    19.22. Australia Market Analysis

        19.22.1. Value Proportion Analysis by Market Taxonomy

        19.22.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.22.2.1. By Device Type

            19.22.2.2. By Principal Parameter

            19.22.2.3. By Precision Device

            19.22.2.4. By Portability

            19.22.2.5. By End Use Vertical

    19.23. New Zealand Countries Market Analysis

        19.23.1. Value Proportion Analysis by Market Taxonomy

        19.23.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.23.2.1. By Device Type

            19.23.2.2. By Principal Parameter

            19.23.2.3. By Precision Device

            19.23.2.4. By Portability

            19.23.2.5. By End Use Vertical

    19.24. GCC Countries Market Analysis

        19.24.1. Value Proportion Analysis by Market Taxonomy

        19.24.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.24.2.1. By Device Type

            19.24.2.2. By Principal Parameter

            19.24.2.3. By Precision Device

            19.24.2.4. By Portability

            19.24.2.5. By End Use Vertical

    19.25. South Africa Market Analysis

        19.25.1. Value Proportion Analysis by Market Taxonomy

        19.25.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.25.2.1. By Device Type

            19.25.2.2. By Principal Parameter

            19.25.2.3. By Precision Device

            19.25.2.4. By Portability

            19.25.2.5. By End Use Vertical

    19.26. Northern Africa Market Analysis

        19.26.1. Value Proportion Analysis by Market Taxonomy

        19.26.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.26.2.1. By Device Type

            19.26.2.2. By Principal Parameter

            19.26.2.3. By Precision Device

            19.26.2.4. By Portability

            19.26.2.5. By End Use Vertical

    19.27. Turkey Market Analysis

        19.27.1. Value Proportion Analysis by Market Taxonomy

        19.27.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.27.2.1. By Device Type

            19.27.2.2. By Principal Parameter

            19.27.2.3. By Precision Device

            19.27.2.4. By Portability

            19.27.2.5. By End Use Vertical

    19.28. Rest of Middle East and Africa Market Analysis

        19.28.1. Value Proportion Analysis by Market Taxonomy

        19.28.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.28.2.1. By Device Type

            19.28.2.2. By Principal Parameter

            19.28.2.3. By Precision Device

            19.28.2.4. By Portability

            19.28.2.5. By End Use Vertical

20. Market Structure Analysis

    20.1. Market Analysis by Tier of Companies

    20.2. Market Concentration of Players

    20.3. Market Share Analysis of Top Players

    20.4. Market Presence Analysis

21. Competition Analysis

    21.1. Competition Dashboard

    21.2. Competition Benchmarking of Products

    21.3. Competition Deep Dive:

        21.3.1. Additel Corporation

            21.3.1.1. Overview

            21.3.1.2. Product Portfolio

            21.3.1.3. Key Financials

            21.3.1.4. Sales Footprint

            21.3.1.5. SWOT Analysis

            21.3.1.6. Key Developments

            21.3.1.7. Strategy Overview

        21.3.2. AEMC Instruments

            21.3.2.1. Overview

            21.3.2.2. Product Portfolio

            21.3.2.3. Key Financials

            21.3.2.4. Sales Footprint

            21.3.2.5. SWOT Analysis

            21.3.2.6. Key Developments

            21.3.2.7. Strategy Overview

        21.3.3. Extech Instruments

            21.3.3.1. Overview

            21.3.3.2. Product Portfolio

            21.3.3.3. Key Financials

            21.3.3.4. Sales Footprint

            21.3.3.5. SWOT Analysis

            21.3.3.6. Key Developments

            21.3.3.7. Strategy Overview

        21.3.4. Fluke Corporation

            21.3.4.1. Overview

            21.3.4.2. Product Portfolio

            21.3.4.3. Key Financials

            21.3.4.4. Sales Footprint

            21.3.4.5. SWOT Analysis

            21.3.4.6. Key Developments

            21.3.4.7. Strategy Overview

        21.3.5. Keysight Technologies Inc

            21.3.5.1. Overview

            21.3.5.2. Product Portfolio

            21.3.5.3. Key Financials

            21.3.5.4. Sales Footprint

            21.3.5.5. SWOT Analysis

            21.3.5.6. Key Developments

            21.3.5.7. Strategy Overview

        21.3.6. Mastech

            21.3.6.1. Overview

            21.3.6.2. Product Portfolio

            21.3.6.3. Key Financials

            21.3.6.4. Sales Footprint

            21.3.6.5. SWOT Analysis

            21.3.6.6. Key Developments

            21.3.6.7. Strategy Overview

        21.3.7. MEATEST spol. s r.o.

            21.3.7.1. Overview

            21.3.7.2. Product Portfolio

            21.3.7.3. Key Financials

            21.3.7.4. Sales Footprint

            21.3.7.5. SWOT Analysis

            21.3.7.6. Key Developments

            21.3.7.7. Strategy Overview

        21.3.8. Megger

            21.3.8.1. Overview

            21.3.8.2. Product Portfolio

            21.3.8.3. Key Financials

            21.3.8.4. Sales Footprint

            21.3.8.5. SWOT Analysis

            21.3.8.6. Key Developments

            21.3.8.7. Strategy Overview

        21.3.9. Tektronix Inc.

            21.3.9.1. Overview

            21.3.9.2. Product Portfolio

            21.3.9.3. Key Financials

            21.3.9.4. Sales Footprint

            21.3.9.5. SWOT Analysis

            21.3.9.6. Key Developments

            21.3.9.7. Strategy Overview

        21.3.10. Time Electronics Ltd.

            21.3.10.1. Overview

            21.3.10.2. Product Portfolio

            21.3.10.3. Key Financials

            21.3.10.4. Sales Footprint

            21.3.10.5. SWOT Analysis

            21.3.10.6. Key Developments

            21.3.10.7. Strategy Overview

        21.3.11. Transmille Ltd.

            21.3.11.1. Overview

            21.3.11.2. Product Portfolio

            21.3.11.3. Key Financials

            21.3.11.4. Sales Footprint

            21.3.11.5. SWOT Analysis

            21.3.11.6. Key Developments

            21.3.11.7. Strategy Overview

        21.3.12. WIKA Alexander Wiegand SE & Co. KG

            21.3.12.1. Overview

            21.3.12.2. Product Portfolio

            21.3.12.3. Key Financials

            21.3.12.4. Sales Footprint

            21.3.12.5. SWOT Analysis

            21.3.12.6. Key Developments

            21.3.12.7. Strategy Overview

22. Assumptions & Acronyms Used

23. Research Methodology

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List Of Table

Table 01. Global Market Value (US$ million) and Forecast by Region, 2018-2022

Table 02. Global Market Value (US$ million) and Forecast by Region, 2023-2033

Table 03. Global Market Volume (Units) and Forecast by Region, 2018-2022

Table 04. Global Market Volume (Units) and Forecast by Region, 2023-2033

Table 05. Global Market Value (US$ million) and Forecast By Device Type, 2018-2022

Table 06. Global Market Value (US$ million) and Forecast By Device Type, 2023-2033

Table 07. Global Market Volume (Units) and Forecast By Device Type, 2018-2022

Table 08. Global Market Volume (Units) and Forecast By Device Type, 2023-2033

Table 09. Global Market Value (US$ million) and Forecast By Principal Parameter, 2018-2022

Table 10. Global Market Value (US$ million) and Forecast By Principal Parameter, 2023-2033

Table 11. Global Market Volume (Units) and Forecast By Principal Parameter, 2018-2022

Table 12. Global Market Volume (Units) and Forecast By Principal Parameter, 2023-2033

Table 13. Global Market Value (US$ million) and Forecast By Precision Device, 2018-2022

Table 14. Global Market Value (US$ million) and Forecast By Precision Device, 2023-2033

Table 15. Global Market Volume (Units) and Forecast By Precision Device, 2018-2022

Table 16. Global Market Volume (Units) and Forecast By Precision Device, 2023-2033

Table 17. Global Market Value (US$ million) and Forecast By Portability, 2018-2022

Table 18. Global Market Value (US$ million) and Forecast By Portability, 2023-2033

Table 19. Global Market Volume (Units) and Forecast By Portability, 2018-2022

Table 20. Global Market Volume (Units) and Forecast By Portability, 2023-2033

Table 21. Global Market Value (US$ million) and Forecast By End Use Vertical, 2018-2022

Table 22. Global Market Value (US$ million) and Forecast By End Use Vertical, 2023-2033

Table 23. Global Market Volume (Units) and Forecast By End Use Vertical, 2018-2022

Table 24. Global Market Volume (Units) and Forecast By End Use Vertical, 2023-2033

Table 25. North America Market Value (US$ million) and Forecast by Country, 2018-2022

Table 26. North America Market Value (US$ million) and Forecast by Country, 2023-2033

Table 27. North America Market Volume (Units) and Forecast by Country, 2018-2022

Table 28. North America Market Volume (Units) and Forecast by Country, 2023-2033

Table 29. North America Market Value (US$ million) and Forecast By Device Type, 2018-2022

Table 30. North America Market Value (US$ million) and Forecast By Device Type, 2023-2033

Table 31. North America Market Volume (Units) and Forecast By Device Type, 2018-2022

Table 32. North America Market Volume (Units) and Forecast By Device Type, 2023-2033

Table 33. North America Market Value (US$ million) and Forecast By Principal Parameter, 2018-2022

Table 34. North America Market Value (US$ million) and Forecast By Principal Parameter, 2023-2033

Table 35. North America Market Volume (Units) and Forecast By Principal Parameter, 2018-2022

Table 36. North America Market Volume (Units) and Forecast By Principal Parameter, 2023-2033

Table 37. North America Market Value (US$ million) and Forecast By Precision Device, 2018-2022

Table 38. North America Market Value (US$ million) and Forecast By Precision Device, 2023-2033

Table 39. North America Market Volume (Units) and Forecast By Precision Device, 2018-2022

Table 40. North America Market Volume (Units) and Forecast By Precision Device, 2023-2033

Table 41. North America Market Value (US$ million) and Forecast By Portability, 2018-2022

Table 42. North America Market Value (US$ million) and Forecast By Portability, 2023-2033

Table 43. North America Market Volume (Units) and Forecast By Portability, 2018-2022

Table 44. North America Market Volume (Units) and Forecast By Portability, 2023-2033

Table 45. North America Market Value (US$ million) and Forecast By End Use Vertical, 2018-2022

Table 46. North America Market Value (US$ million) and Forecast By End Use Vertical, 2023-2033

Table 47. North America Market Volume (Units) and Forecast By End Use Vertical, 2018-2022

Table 48. North America Market Volume (Units) and Forecast By End Use Vertical, 2023-2033

Table 49. Latin America Market Value (US$ million) and Forecast by Country, 2018-2022

Table 50. Latin America Market Value (US$ million) and Forecast by Country, 2023-2033

Table 51. Latin America Market Volume (Units) and Forecast by Country, 2018-2022

Table 52. Latin America Market Volume (Units) and Forecast by Country, 2023-2033

Table 53. Latin America Market Value (US$ million) and Forecast By Device Type, 2018-2022

Table 54. Latin America Market Value (US$ million) and Forecast By Device Type, 2023-2033

Table 55. Latin America Market Volume (Units) and Forecast By Device Type, 2018-2022

Table 56. Latin America Market Volume (Units) and Forecast By Device Type, 2023-2033

Table 57. Latin America Market Value (US$ million) and Forecast By Principal Parameter, 2018-2022

Table 58. Latin America Market Value (US$ million) and Forecast By Principal Parameter, 2023-2033

Table 59. Latin America Market Volume (Units) and Forecast By Principal Parameter, 2018-2022

Table 60. Latin America Market Volume (Units) and Forecast By Principal Parameter, 2023-2033

Table 61. Latin America Market Value (US$ million) and Forecast By Precision Device, 2018-2022

Table 62. Latin America Market Value (US$ million) and Forecast By Precision Device, 2023-2033

Table 63. Latin America Market Volume (Units) and Forecast By Precision Device, 2018-2022

Table 64. Latin America Market Volume (Units) and Forecast By Precision Device, 2023-2033

Table 65. Latin America Market Value (US$ million) and Forecast By Portability, 2018-2022

Table 66. Latin America Market Value (US$ million) and Forecast By Portability, 2023-2033

Table 67. Latin America Market Volume (Units) and Forecast By Portability, 2018-2022

Table 68. Latin America Market Volume (Units) and Forecast By Portability, 2023-2033

Table 69. Latin America Market Value (US$ million) and Forecast By End Use Vertical, 2018-2022

Table 70. Latin America Market Value (US$ million) and Forecast By End Use Vertical, 2023-2033

Table 71. Latin America Market Volume (Units) and Forecast By End Use Vertical, 2018-2022

Table 72. Latin America Market Volume (Units) and Forecast By End Use Vertical, 2023-2033

Table 73. Europe Market Value (US$ million) and Forecast by Country, 2018-2022

Table 74. Europe Market Value (US$ million) and Forecast by Country, 2023-2033

Table 75. Europe Market Volume (Units) and Forecast by Country, 2018-2022

Table 76. Europe Market Volume (Units) and Forecast by Country, 2023-2033

Table 77. Europe Market Value (US$ million) and Forecast By Device Type, 2018-2022

Table 78. Europe Market Value (US$ million) and Forecast By Device Type, 2023-2033

Table 79. Europe Market Volume (Units) and Forecast By Device Type, 2018-2022

Table 80. Europe Market Volume (Units) and Forecast By Device Type, 2023-2033

Table 81. Europe Market Value (US$ million) and Forecast By Principal Parameter, 2018-2022

Table 82. Europe Market Value (US$ million) and Forecast By Principal Parameter, 2023-2033

Table 83. Europe Market Volume (Units) and Forecast By Principal Parameter, 2018-2022

Table 84. Europe Market Volume (Units) and Forecast By Principal Parameter, 2023-2033

Table 85. Europe Market Value (US$ million) and Forecast By Precision Device, 2018-2022

Table 86. Europe Market Value (US$ million) and Forecast By Precision Device, 2023-2033

Table 87. Europe Market Volume (Units) and Forecast By Precision Device, 2018-2022

Table 88. Europe Market Volume (Units) and Forecast By Precision Device, 2023-2033

Table 89. Europe Market Value (US$ million) and Forecast By Portability, 2018-2022

Table 90. Europe Market Value (US$ million) and Forecast By Portability, 2023-2033

Table 91. Europe Market Volume (Units) and Forecast By Portability, 2018-2022

Table 92. Europe Market Volume (Units) and Forecast By Portability, 2023-2033

Table 93. Europe Market Value (US$ million) and Forecast By End Use Vertical, 2018-2022

Table 94. Europe Market Value (US$ million) and Forecast By End Use Vertical, 2023-2033

Table 95. Europe Market Volume (Units) and Forecast By End Use Vertical, 2018-2022

Table 96. Europe Market Volume (Units) and Forecast By End Use Vertical, 2023-2033

Table 97. East Asia Market Value (US$ million) and Forecast by Country, 2018-2022

Table 98. East Asia Market Value (US$ million) and Forecast by Country, 2023-2033

Table 99. East Asia Market Volume (Units) and Forecast by Country, 2018-2022

Table 100. East Asia Market Volume (Units) and Forecast by Country, 2023-2033

Table 101. East Asia Market Value (US$ million) and Forecast By Device Type, 2018-2022

Table 102. East Asia Market Value (US$ million) and Forecast By Device Type, 2023-2033

Table 103. East Asia Market Volume (Units) and Forecast By Device Type, 2018-2022

Table 104. East Asia Market Volume (Units) and Forecast By Device Type, 2023-2033

Table 105. East Asia Market Value (US$ million) and Forecast By Principal Parameter, 2018-2022

Table 106. East Asia Market Value (US$ million) and Forecast By Principal Parameter, 2023-2033

Table 107. East Asia Market Volume (Units) and Forecast By Principal Parameter, 2018-2022

Table 108. East Asia Market Volume (Units) and Forecast By Principal Parameter, 2023-2033

Table 109. East Asia Market Value (US$ million) and Forecast By Precision Device, 2018-2022

Table 110. East Asia Market Value (US$ million) and Forecast By Precision Device, 2023-2033

Table 111. East Asia Market Volume (Units) and Forecast By Precision Device, 2018-2022

Table 112. East Asia Market Volume (Units) and Forecast By Precision Device, 2023-2033

Table 113. East Asia Market Value (US$ million) and Forecast By Portability, 2018-2022

Table 114. East Asia Market Value (US$ million) and Forecast By Portability, 2023-2033

Table 115. East Asia Market Volume (Units) and Forecast By Portability, 2018-2022

Table 116. East Asia Market Volume (Units) and Forecast By Portability, 2023-2033

Table 117. East Asia Market Value (US$ million) and Forecast By End Use Vertical, 2018-2022

Table 118. East Asia Market Value (US$ million) and Forecast By End Use Vertical, 2023-2033

Table 119. East Asia Market Volume (Units) and Forecast By End Use Vertical, 2018-2022

Table 120. East Asia Market Volume (Units) and Forecast By End Use Vertical, 2023-2033

Table 121. South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2018-2022

Table 122. South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2023-2033

Table 123. South Asia & Oceania Market Volume (Units) and Forecast by Country, 2018-2022

Table 124. South Asia & Oceania Market Volume (Units) and Forecast by Country, 2023-2033

Table 125. South Asia & Oceania Market Value (US$ million) and Forecast By Device Type, 2018-2022

Table 126. South Asia & Oceania Market Value (US$ million) and Forecast By Device Type, 2023-2033

Table 127. South Asia & Oceania Market Volume (Units) and Forecast By Device Type, 2018-2022

Table 128. South Asia & Oceania Market Volume (Units) and Forecast By Device Type, 2023-2033

Table 129. South Asia & Oceania Market Value (US$ million) and Forecast By Principal Parameter, 2018-2022

Table 130. South Asia & Oceania Market Value (US$ million) and Forecast By Principal Parameter, 2023-2033

Table 131. South Asia & Oceania Market Volume (Units) and Forecast By Principal Parameter, 2018-2022

Table 132. South Asia & Oceania Market Volume (Units) and Forecast By Principal Parameter, 2023-2033

Table 133. South Asia & Oceania Market Value (US$ million) and Forecast By Precision Device, 2018-2022

Table 134. South Asia & Oceania Market Value (US$ million) and Forecast By Precision Device, 2023-2033

Table 135. South Asia & Oceania Market Volume (Units) and Forecast By Precision Device, 2018-2022

Table 136. South Asia & Oceania Market Volume (Units) and Forecast By Precision Device, 2023-2033

Table 137. South Asia & Oceania Market Value (US$ million) and Forecast By Portability, 2018-2022

Table 138. South Asia & Oceania Market Value (US$ million) and Forecast By Portability, 2023-2033

Table 139. South Asia & Oceania Market Volume (Units) and Forecast By Portability, 2018-2022

Table 140. South Asia & Oceania Market Volume (Units) and Forecast By Portability, 2023-2033

Table 141. South Asia & Oceania Market Value (US$ million) and Forecast By End Use Vertical, 2018-2022

Table 142. South Asia & Oceania Market Value (US$ million) and Forecast By End Use Vertical, 2023-2033

Table 143. South Asia & Oceania Market Volume (Units) and Forecast By End Use Vertical, 2018-2022

Table 144. South Asia & Oceania Market Volume (Units) and Forecast By End Use Vertical, 2023-2033

Table 145. MEA Market Value (US$ million) and Forecast by Country, 2018-2022

Table 146. MEA Market Value (US$ million) and Forecast by Country, 2023-2033

Table 147. MEA Market Volume (Units) and Forecast by Country, 2018-2022

Table 148. MEA Market Volume (Units) and Forecast by Country, 2023-2033

Table 149. MEA Market Value (US$ million) and Forecast By Device Type, 2018-2022

Table 150. MEA Market Value (US$ million) and Forecast By Device Type, 2023-2033

Table 151. MEA Market Volume (Units) and Forecast By Device Type, 2018-2022

Table 152. MEA Market Volume (Units) and Forecast By Device Type, 2023-2033

Table 153. MEA Market Value (US$ million) and Forecast By Principal Parameter, 2018-2022

Table 154. MEA Market Value (US$ million) and Forecast By Principal Parameter, 2023-2033

Table 155. MEA Market Volume (Units) and Forecast By Principal Parameter, 2018-2022

Table 156. MEA Market Volume (Units) and Forecast By Principal Parameter, 2023-2033

Table 157. MEA Market Value (US$ million) and Forecast By Precision Device, 2018-2022

Table 158. MEA Market Value (US$ million) and Forecast By Precision Device, 2023-2033

Table 159. MEA Market Volume (Units) and Forecast By Precision Device, 2018-2022

Table 160. MEA Market Volume (Units) and Forecast By Precision Device, 2023-2033

Table 161. MEA Market Value (US$ million) and Forecast By Portability, 2018-2022

Table 162. MEA Market Value (US$ million) and Forecast By Portability, 2023-2033

Table 163. MEA Market Volume (Units) and Forecast By Portability, 2018-2022

Table 164. MEA Market Volume (Units) and Forecast By Portability, 2023-2033

Table 165. MEA Market Value (US$ million) and Forecast By End Use Vertical, 2018-2022

Table 166. MEA Market Value (US$ million) and Forecast By End Use Vertical, 2023-2033

Table 167. MEA Market Volume (Units) and Forecast By End Use Vertical, 2018-2022

Table 168. MEA Market Volume (Units) and Forecast By End Use Vertical, 2023-2033

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List Of Figures

Figure 01. Global Market Value (US$ million) and Volume (Units) Forecast, 2023-2033

Figure 02. Global Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 03. Global Market Value (US$ million) and Volume (Units) by Region, 2023 & 2033

Figure 04. Global Market Y-o-Y Growth Rate by Region, 2023-2033

Figure 05. Global Market Value (US$ million) and Volume (Units) By Device Type, 2023 & 2033

Figure 06. Global Market Y-o-Y Growth Rate By Device Type, 2023-2033

Figure 07. Global Market Value (US$ million) and Volume (Units) By Principal Parameter, 2023 & 2033

Figure 08. Global Market Y-o-Y Growth Rate By Principal Parameter, 2023-2033

Figure 09. Global Market Value (US$ million) and Volume (Units) By Precision Device, 2023 & 2033

Figure 10. Global Market Y-o-Y Growth Rate By Precision Device, 2023-2033

Figure 11. Global Market Value (US$ million) and Volume (Units) By Portability, 2023 & 2033

Figure 12. Global Market Y-o-Y Growth Rate By Portability, 2023-2033

Figure 13. Global Market Value (US$ million) and Volume (Units) By End Use Vertical, 2023 & 2033

Figure 14. Global Market Y-o-Y Growth Rate By End Use Vertical, 2023-2033

Figure 15. North America Market Value (US$ million) and Volume (Units) Forecast, 2023-2033

Figure 16. North America Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 17. North America Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033

Figure 18. North America Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 19. North America Market Value (US$ million) and Volume (Units) By Device Type, 2023 & 2033

Figure 20. North America Market Y-o-Y Growth Rate By Device Type, 2023-2033

Figure 21. North America Market Value (US$ million) and Volume (Units) By Principal Parameter, 2023 & 2033

Figure 22. North America Market Y-o-Y Growth Rate By Principal Parameter, 2023-2033

Figure 23. North America Market Value (US$ million) and Volume (Units) By Precision Device, 2023 & 2033

Figure 24. North America Market Y-o-Y Growth Rate By Precision Device, 2023-2033

Figure 25. North America Market Value (US$ million) and Volume (Units) By Portability, 2023 & 2033

Figure 26. North America Market Y-o-Y Growth Rate By Portability, 2023-2033

Figure 27. North America Market Value (US$ million) and Volume (Units) By End Use Vertical, 2023 & 2033

Figure 28. North America Market Y-o-Y Growth Rate By End Use Vertical, 2023-2033

Figure 29. North America Market Attractiveness Analysis by Country, 2023-2033

Figure 30. North America Market Attractiveness Analysis By Device Type, 2023-2033

Figure 31. North America Market Attractiveness Analysis By Principal Parameter, 2023-2033

Figure 32. North America Market Attractiveness Analysis By Precision Device, 2023-2033

Figure 33. North America Market Attractiveness Analysis By Portability, 2023-2033

Figure 34. North America Market Attractiveness Analysis By End Use Vertical, 2023-2033

Figure 35. Latin America Market Value (US$ million) and Volume (Units) Forecast, 2023-2033

Figure 36. Latin America Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 37. Latin America Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033

Figure 38. Latin America Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 39. Latin America Market Value (US$ million) and Volume (Units) By Device Type, 2023 & 2033

Figure 40. Latin America Market Y-o-Y Growth Rate By Device Type, 2023-2033

Figure 41. Latin America Market Value (US$ million) and Volume (Units) By Principal Parameter, 2023 & 2033

Figure 42. Latin America Market Y-o-Y Growth Rate By Principal Parameter, 2023-2033

Figure 43. Latin America Market Value (US$ million) and Volume (Units) By Precision Device, 2023 & 2033

Figure 44. Latin America Market Y-o-Y Growth Rate By Precision Device, 2023-2033

Figure 45. Latin America Market Value (US$ million) and Volume (Units) By Portability, 2023 & 2033

Figure 46. Latin America Market Y-o-Y Growth Rate By Portability, 2023-2033

Figure 47. Latin America Market Value (US$ million) and Volume (Units) By End Use Vertical, 2023 & 2033

Figure 48. Latin America Market Y-o-Y Growth Rate By End Use Vertical, 2023-2033

Figure 49. Latin America Market Attractiveness Analysis by Country, 2023-2033

Figure 50. Latin America Market Attractiveness Analysis By Device Type, 2023-2033

Figure 51. Latin America Market Attractiveness Analysis By Principal Parameter, 2023-2033

Figure 52. Latin America Market Attractiveness Analysis By Precision Device, 2023-2033

Figure 53. Latin America Market Attractiveness Analysis By Portability, 2023-2033

Figure 54. Latin America Market Attractiveness Analysis By End Use Vertical, 2023-2033

Figure 55. Europe Market Value (US$ million) and Volume (Units) Forecast, 2023-2033

Figure 56. Europe Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 57. Europe Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033

Figure 58. Europe Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 59. Europe Market Value (US$ million) and Volume (Units) By Device Type, 2023 & 2033

Figure 60. Europe Market Y-o-Y Growth Rate By Device Type, 2023-2033

Figure 61. Europe Market Value (US$ million) and Volume (Units) By Principal Parameter, 2023 & 2033

Figure 62. Europe Market Y-o-Y Growth Rate By Principal Parameter, 2023-2033

Figure 63. Europe Market Value (US$ million) and Volume (Units) By Precision Device, 2023 & 2033

Figure 64. Europe Market Y-o-Y Growth Rate By Precision Device, 2023-2033

Figure 65. Europe Market Value (US$ million) and Volume (Units) By Portability, 2023 & 2033

Figure 66. Europe Market Y-o-Y Growth Rate By Portability, 2023-2033

Figure 67. Europe Market Value (US$ million) and Volume (Units) By End Use Vertical, 2023 & 2033

Figure 68. Europe Market Y-o-Y Growth Rate By End Use Vertical, 2023-2033

Figure 69. Europe Market Attractiveness Analysis by Country, 2023-2033

Figure 70. Europe Market Attractiveness Analysis By Device Type, 2023-2033

Figure 71. Europe Market Attractiveness Analysis By Principal Parameter, 2023-2033

Figure 72. Europe Market Attractiveness Analysis By Precision Device, 2023-2033

Figure 73. Europe Market Attractiveness Analysis By Portability, 2023-2033

Figure 74. Europe Market Attractiveness Analysis By End Use Vertical, 2023-2033

Figure 75. East Asia Market Value (US$ million) and Volume (Units) Forecast, 2023-2033

Figure 76. East Asia Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 77. East Asia Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033

Figure 78. East Asia Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 79. East Asia Market Value (US$ million) and Volume (Units) By Device Type, 2023 & 2033

Figure 80. East Asia Market Y-o-Y Growth Rate By Device Type, 2023-2033

Figure 81. East Asia Market Value (US$ million) and Volume (Units) By Principal Parameter, 2023 & 2033

Figure 82. East Asia Market Y-o-Y Growth Rate By Principal Parameter, 2023-2033

Figure 83. East Asia Market Value (US$ million) and Volume (Units) By Precision Device, 2023 & 2033

Figure 84. East Asia Market Y-o-Y Growth Rate By Precision Device, 2023-2033

Figure 85. East Asia Market Value (US$ million) and Volume (Units) By Portability, 2023 & 2033

Figure 86. East Asia Market Y-o-Y Growth Rate By Portability, 2023-2033

Figure 87. East Asia Market Value (US$ million) and Volume (Units) By End Use Vertical, 2023 & 2033

Figure 88. East Asia Market Y-o-Y Growth Rate By End Use Vertical, 2023-2033

Figure 89. East Asia Market Attractiveness Analysis by Country, 2023-2033

Figure 90. East Asia Market Attractiveness Analysis By Device Type, 2023-2033

Figure 91. East Asia Market Attractiveness Analysis By Principal Parameter, 2023-2033

Figure 92. East Asia Market Attractiveness Analysis By Precision Device, 2023-2033

Figure 93. East Asia Market Attractiveness Analysis By Portability, 2023-2033

Figure 94. East Asia Market Attractiveness Analysis By End Use Vertical, 2023-2033

Figure 95. South Asia & Oceania Market Value (US$ million) and Volume (Units) Forecast, 2023-2033

Figure 96. South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 97. South Asia & Oceania Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033

Figure 98. South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 99. South Asia & Oceania Market Value (US$ million) and Volume (Units) By Device Type, 2023 & 2033

Figure 100. South Asia & Oceania Market Y-o-Y Growth Rate By Device Type, 2023-2033

Figure 101. South Asia & Oceania Market Value (US$ million) and Volume (Units) By Principal Parameter, 2023 & 2033

Figure 102. South Asia & Oceania Market Y-o-Y Growth Rate By Principal Parameter, 2023-2033

Figure 103. South Asia & Oceania Market Value (US$ million) and Volume (Units) By Precision Device, 2023 & 2033

Figure 104. South Asia & Oceania Market Y-o-Y Growth Rate By Precision Device, 2023-2033

Figure 105. South Asia & Oceania Market Value (US$ million) and Volume (Units) By Portability, 2023 & 2033

Figure 106. South Asia & Oceania Market Y-o-Y Growth Rate By Portability, 2023-2033

Figure 107. South Asia & Oceania Market Value (US$ million) and Volume (Units) By End Use Vertical, 2023 & 2033

Figure 108. South Asia & Oceania Market Y-o-Y Growth Rate By End Use Vertical, 2023-2033

Figure 109. South Asia & Oceania Market Attractiveness Analysis by Country, 2023-2033

Figure 110. South Asia & Oceania Market Attractiveness Analysis By Device Type, 2023-2033

Figure 111. South Asia & Oceania Market Attractiveness Analysis By Principal Parameter, 2023-2033

Figure 112. South Asia & Oceania Market Attractiveness Analysis By Precision Device, 2023-2033

Figure 113. South Asia & Oceania Market Attractiveness Analysis By Portability, 2023-2033

Figure 114. South Asia & Oceania Market Attractiveness Analysis By End Use Vertical, 2023-2033

Figure 115. MEA Market Value (US$ million) and Volume (Units) Forecast, 2023-2033

Figure 116. MEA Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 117. MEA Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033

Figure 118. MEA Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 119. MEA Market Value (US$ million) and Volume (Units) By Device Type, 2023 & 2033

Figure 120. MEA Market Y-o-Y Growth Rate By Device Type, 2023-2033

Figure 121. MEA Market Value (US$ million) and Volume (Units) By Principal Parameter, 2023 & 2033

Figure 122. MEA Market Y-o-Y Growth Rate By Principal Parameter, 2023-2033

Figure 123. MEA Market Value (US$ million) and Volume (Units) By Precision Device, 2023 & 2033

Figure 124. MEA Market Y-o-Y Growth Rate By Precision Device, 2023-2033

Figure 125. MEA Market Value (US$ million) and Volume (Units) By Portability, 2023 & 2033

Figure 126. MEA Market Y-o-Y Growth Rate By Portability, 2023-2033

Figure 127. MEA Market Value (US$ million) and Volume (Units) By End Use Vertical, 2023 & 2033

Figure 128. MEA Market Y-o-Y Growth Rate By End Use Vertical, 2023-2033

Figure 129. MEA Market Attractiveness Analysis by Country, 2023-2033

Figure 130. MEA Market Attractiveness Analysis By Device Type, 2023-2033

Figure 131. MEA Market Attractiveness Analysis By Principal Parameter, 2023-2033

Figure 132. MEA Market Attractiveness Analysis By Precision Device, 2023-2033

Figure 133. MEA Market Attractiveness Analysis By Portability, 2023-2033

Figure 134. MEA Market Attractiveness Analysis By End Use Vertical, 2023-2033

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

What will the valuation of the electrical calibration equipment market be by 2033?

The global electrical calibration equipment market is predicted to reach US$ 4.2 billion by the end of 2033, up from US$ 1 billion at present.

Which region dominates value generation in the global market?

North America held a leading market share of around 27.9% in 2022 and is presumed to remain in the same growth trajectory through 2033.

Which device type will have the highest market share in 2023?

Multimeters will account for the highest market share of 16.8% in 2023.

What is the predicted CAGR for the sales of volt sticks & detectors?

Demand for volt sticks & detectors is expected to increase at a CAGR of 7.6% during the forecast period.

What is the market value of precision source devices in 2023?

Precision source under the precision device segment is likely to offer great growth prospects with a market valuation of US$ 1.8 billion in 2023.

Electrical Calibration Equipment Market

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