Europe Third-Party Calibration Services Market Size By Calibration Type(electrical, mechanical, thermodynamic, physical/dimensional), By End-Users(electronics manufacturing, automotive, pharma/life-sciences), By Country And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationEurope Third-Party Calibration Services Market Size And Forecast
Europe Third-Party Calibration Services Market size was valued at USD 611.15 Million in 2021 and is projected to reach USD 1,020.55 Million by 2030, growing at a CAGR of 6.41% from 2023 to 2030.
So, the market's really booming! A lot of that is because of all the new factories popping up – they need tools to make sure everything's super accurate, right? And people are just more clued-in about keeping their gear in good condition, which definitely helps. Companies rely on calibration services to make sure their internal stuff is consistent, and OEMs need them to be sure their products actually work! Luckily, there are tons of calibration services out there now, which is a huge help. Oh, and all that awesome new tech, like 3D printing advancements and those cool 3D phantoms that act like tissue – that's pushing things forward too! Want to know everything? The Europe Third-Party report will give you the whole story on the market for the next few years. It breaks down all the different parts and looks at the trends and things that are making the market tick.
Europe Third Party Calibration Services Market Definition
Think of calibration as a regular checkup for your instruments, keeping them in top shape to maximize uptime, improve efficiency, and ensure you're meeting all the regulations and quality standards. It's about identifying any discrepancies or inaccuracies in your equipment. Calibration involves comparing your instrument's readings against a known gold standard – equipment that's already properly calibrated. We do this consistently to catch problems early, preventing downtime and boosting productivity. To make things easier, service providers often offer convenient options like on-site calibration, quick turnaround times, comprehensive calibration reports, pickup and delivery services, online record access, and even in-house contract lab services. That's why calibration is so important across various industries, including aerospace, the military, automotive, communications, and electronics. When it comes to measurement, accuracy and precision are critical! It's essential for the health of your business and for guaranteeing your equipment and facilities meet the required standards. Consider calibrating an instrument like giving it a tune-up; we're checking its measurement abilities and adjusting them by comparing its output to a trusted and accurate standard.
Europe Third Party Calibration Services Market Overview
Think about itwith everyone wanting dependable equipment and things running smoothly, keeping everything in tip-top shape with preventative maintenance is a must. Instead of waiting for something to break down at the worst possible moment, getting ahead of problems is key. A calibration service is basically a health check for your equipment, finding any little things that might be off with its measurements. Why does this matter? Because tons of businesses and industries rely on super-accurate measurements to deliver quality and make our lives better. The whole goal of calibration is to cut down on measurement mistakes and make sure you're getting the most accurate readings possible. A lot of companies actually hire third-party calibration service providers for this. They've got calibration labs that follow all the important industry rules and regulations, so you know the work is done right. Plus, using third-party calibration companies lets you use more of your own space for actually making things, instead of having to build your own calibration lab.
The market's really booming thanks to rapid industrialization, and you can't forget the growing demand for testing and measurement equipment either. What's also key is that people are waking up to how vital it is to keep their gear in tip-top shape, which only helps things along. Preventative maintenance, tough government regulations, and a real customer focus on quality are driving the expansion of the third-party calibration service market. Sure, there are some bumps in the road – like a shortage of skilled workers and increasingly complex standards – that are acting as a bit of a drag. But overall, demand for these services in Europe is up. Why? Because companies are increasingly outsourcing their calibration work to boost the performance of their equipment, regardless of whether it's fresh out of the box or a seasoned veteran.
Europe Third Party Calibration Services MarketSegmentation Analysis
The Europe third party calibration services market is classified into calibration type, end-users, and, Country.
Europe Third Party Calibration Services Market by Calibration Type
• Electrical• Mechanical• Thermodynamic• Physical/Dimensional• Others
The calibration type segment is classified into five typeselectrical, mechanical, thermodynamic, physical/dimensional, and others. In 2021, the electrical segment has dominated the market accounting for the largest market share due to the electrical calibration entails using precise devices to assess how well other devices, or units under test, operate in terms of important attributes (UUT). In contrast to UUTs, these precision devices have performance characteristics that are well known, making it easy to evaluate their performance and/or calibrate their settings to detect or reduce errors.
Europe Third Party Calibration Services Market by End-Users
• Electronics Manufacturing• Automotive• Pharma/Life-sciences• Aerospace and Defense• Food & Beverages• Communication• Others
To Get Summarized Market Report By End-Users-
Based on the end user’s segment, the market is divided into electronics manufacturing, automotive, pharma/life-sciences, aerospace and defense, food & beverages, communication, and others. The electronics manufacturing segment has dominated the market accounting for the largest market share in 2021 due to several benefits, including electrically adjustable calibration devices that allow for quick automated testing that promotes safety by removing the possibility of human mistake, improves repeatability, and lowers costs. When the system is turned on, the calibration data from the final production test is used to account for manufacturing tolerances.
Europe Third Party Calibration Services Market by Country
• Germany• France• U.K.• Italy• Spain• Ireland• Denmark• Austria• Russia• The Netherlands• Belgium• Rest of Europe
To Get Summarized Market Report By Country-
Okay, so when you think about Europe, the third-party calibration services market is divided up among countries like Germany, France, the U.K., Italy, Spain, Ireland, Denmark, Austria, Russia, The Netherlands, Belgium, and, you know, pretty much everywhere else in Europe! Germany's really set to explode, with a predicted 8.29% CAGR. That's because they're constantly improving their car and electronics industries, and they're super dedicated to research and development. Right behind them is the UK, expected to grow around 7.24% CAGR, thanks to all the awesome research and development going on in life sciences. And all the major companies in this market are working hard to make these calibration services more durable and effective, investing a ton in R&D to innovate. Basically, the whole Europe third-party calibration services market is thriving because of all these amazing new technologies being implemented.
Key Players
The major player in the Europe third party calibration services market are ESZ AG Calibration & Metrology, Element Materials Technology, TRESCAL, SGS Societe Generale DE Surveillance SA, Bureau Veritas, Intertek Group PLC, The Calibration Company, Ellab A/S, Nordic Service Group, HPFM B.V., and others.
Key Developments
• In September 2022, Trescal, the global leader in calibration services, announced the acquisition of IKM Laboratorium, part of IKM Group, a leading supplier of the Norwegian energy sector. In accordance with the contract, IKM Group and Trescal have established a long-term strategic alliance to continue only servicing IKM Group and its clients
• In March 2022, SGS announced the acquisition of Gas Analysis Services (GAS), an Irish company that specializes in gas analysis testing and instrumentation. With the acquisition, SGS Industries & Environment (I&E) will have a wider range of competencies to help customers throughout their supply chains.
• In February 2022, Intertek, a provider of Total Quality Assurance to the industry worldwide, announces the launch of a new adulteration panel analysis service, developed and offered exclusively by the Dietary Supplement and Natural Products Testing Laboratory in Champaign, Illinois. New service identifies specific counterfeiters in nutrition and plants.
• In July 2020, Element strengthened its position in pharmaceutical testing in North America by the acquisition of Analytical Lab Group (ALG), a market leader in the field, and took another critical step toward expanding its Life & Health Sciences division.
• In February 2021, Element acquired the leading pharmaceutical analytical testing company, Avomeen, significantly strengthening the Group’s Life Sciences business unit in North America.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2019-2030 |
| BASE YEAR | 2022 |
| FORECAST PERIOD | 2023-2030 |
| HISTORICAL PERIOD | 2019-2021 |
| UNIT | Value (USD Million) |
| KEY COMPANIES PROFILED | ESZ AG Calibration & Metrology, Element Materials Technology, TRESCAL, SGS Societe Generale DE Surveillance SA, Bureau Veritas, Intertek Group PLC, The Calibration Company, Ellab A/S, Nordic Service Group, HPFM B.V., and others. |
| SEGMENTS COVERED | By calibration type, By end-users, By Country. |
| CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Top Trending Reports
Research Methodology of Market Research
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .
Reasons to Purchase this Report
Okay, so we're going to explore the market using both qualitative and quantitative approaches, breaking it down by things like money and even stuff that's not about money. You'll see market value (in USD Billion!) for every single part we look at. We'll figure out which region and segment are going to be the real winners, growing the fastest and eventually leading the pack. We'll also show you exactly what people are buying in each region and what's driving those choices. You'll get a rundown of the competition, including who's on top, and what new products or services they've launched, partnerships they've made, where they've expanded, and who they've acquired in the last five years – all with company profiles packed with overviews, insights, benchmarking, and SWOT analyses. Plus, we'll give you the lowdown on what's happening now and what's coming up, highlighting opportunities for growth and the challenges ahead for both new and old regions. We'll really dig in with Porter's five forces analysis and a detailed look at the Value Chain. And to top it all off, we’ll cover what’s moving the market, where the growth is headed over the next few years, and even include 6 months of support from our analysts after you buy!
Customization of the Report
• In case of any  please connect with our sales team, who will ensure that your requirements are met.
Related Reports
- Veterinary Pain Management Market By Product (Drugs and Devices), Application (Osteoarthritis and Joint Pain, Postoperat...
- Global Large Volume Wearable Injectors Market Size By Product Type, By Application, By Technology, By Geographic Scope A...
- Cyanate Ester Resins Market By Type (Monofunctional, Bifunctional, Multifunctional), Application (Aerospace And Defense,...
- Global Diamond Coatings Market Size By Type (Chemical Vapor Deposition (CVD), Physical Vapor Deposition (PVD), Combustio...
- Global Elastic Adhesive Market Size By Type (Polyurethane, Silicone), By Application (Building & Construction, Industria...
- Global Elastomeric Sealants Market Size By Type (Silicone, Polysulfide (PS)), By End-Use Industry (Construction, Automot...
Table of Content
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
List Tables Figures
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy