Industrial Portable Calibrators Market Outlook - 2027
Industrial portable calibrators are handheld compact devices that can be carried easily. Industrial portable calibrators are used to adjust the accuracy of industrial instruments. Industrial equipment is not useful unless it is calibrated. The main objective of a calibrator is to make adjustments to a piece of equipment to increase its accuracy. In simple words, calibration is a process of adjusting an instrument to meet the user’s standards and specifications. An industrial portable calibrator generally performs a comparison between actual results and predefined standards of an instrument and adjusts the industrial instruments accordingly to ensure alignment with the standard. Industrial portable calibrators vary in function and form depending on the type of instrument that they are working with.
COVID-19 Scenario analysis:
- COVID-19 pandemic has shut-down the production of various products in the industrial portable calibrators industry, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of industrial portable calibrators market significantly from last few months, as is likely to continue during 2020.
- COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020 and is likely to cause a negative impact on the market growth throughout the year.
- The major demand for equipment and machinery was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, which is badly affected by the spread of coronavirus, thereby halting the demand for equipment and machinery.
- Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.
- Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crisis and find new ways of working after COVID-19 infection cases start to decrease.
Drivers, restraints, and opportunities
Increase in the adoption of calibration instruments in industries to prevent compromise on accuracy and performance of the equipment is a factor that can increase the demand for industrial portable calibrators in the market. Besides, growing popularity of multifunctional calibrators, and increasing need for calibrators to ensure accuracy, minimize loss, and downtime are expected to boost the industrial portable calibrators market growth. Furthermore, the various advantages of portable calibrators like reliability, accuracy, flexibility, simple operation, and others, can provide plenty of opportunities for the manufacturers. Although, shifting customer preference toward accredited laboratories can be a restraining factor for the industrial portable calibrators market in the forecast period.
Trends in industrial portable calibrators market
Growing application of multipurpose calibrators
The industrial portable calibrators have many applications for measuring the accuracy of a variety of industrial instruments. The portable calibrators like portable temperature calibrators or portable pressure calibrators can only be used for a single purpose. Hence, the emergence of new and advanced devices such as the multifunctional portable calibrators are expected to drive the growth of the market. In addition, multifunctional portable calibrators are designed to measure electrical signals such as current, voltage, frequency, and resistance in a single device. The higher capability of measurement than simple portable calibrators is the reason for its increasing preference by end-users. Such new advanced equipment is expected to fuel the growth of the industrial portable calibrators market.
Newer product developments
The need for calibration services in industries is increasing lately. Any equipment is not completely useful until it is calibrated. The advantages provided by portable calibrators like reliability, uniformity, flexibility, simple operation, stability, accuracy, and high performance are the reason for their high demand in industries. For example, OMEGA Engineering Inc., introduced an industrial thermocouple handheld calibrator, which has features like a resolution of 0.01°, simple one-hand operation, included calibration report, and more. Manufacturers have focused on producing calibrators with new advanced features to boost their sales, which will eventually lead to growth in demand for industrial portable calibrators in the future.
Key benefits of the report:
- This study represents the analytical representation of the industrial portable calibrators market combined with the ongoing trends and future predictions to determine investment opportunities.
- The present market is thoroughly analyzed to enlighten the industrial portable calibrator market growth.
- The report gives information regarding the important drivers, restraints, and opportunities provided with an in-depth analysis of the industrial portable calibrators market.
- Segmentation details of the industrial portable calibrators.
- The report gives a comprehensive industrial portable calibrators market analysis based on competitiveness and how the performance of the competitors will take shape in the coming years.
Industrial Portable Calibrators Market Report Highlights
| Aspects | Details |
 By Type |
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 By End-User |
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 By Region |
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 Key Market Players | Fluke Corporation, Co KG, OMEGA Engineering Inc., Sika Dr. Siebert, Additel Corporation, Kuehn GmbH, Baker Hughes, WIKA Group, Dwyer Instruments, Inc., Beamex Oy Ab, Yokogawa Electric Corporation, AMETEK.Inc. |
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