A current calibrator used for necessary measurements, tests and regulation techniques for setting and verifying instrumentation and installations in various industries. Also, it used for certification of instruments in many industries such as telecommunication, power generation, and others.
The portable and handheld calibrators are available in the market for on-field and off-field use. For instance, the current calibrators used in laboratory maintenance in various industries. Also, portable current calibrators widely used in construction line because of its easy portability. The market of current calibrators moderately consolidated due to the presence of many local manufacturers in the Asia Pacific and MEA regions.
Electrical and electronics industries are rapidly increasing in the Asia Pacific and North America regions. Thus, the current calibrators are used to maintain various products in the manufacturing division. Moreover, the multifunctional calibrators used in verification and certification process for manufactured instruments in these industries. These factors are forecasting to increase the growth of current calibrator market.
Furthermore, increasing power generation industry is creating a significant demand for the current calibrators. The various types of cables and electric instruments used in power generation industry, which demand current calibrators for maintenance purpose.
Therefore, the full range of application of current calibrators in this industry is boosting the growth of the market. Moreover, the construction industry is increasing the demand for portable equipment due to on-site application.
Moreover, the increasing use of calibration instruments include current calibrators in telecommunication industry for calibration and certification is boosting the growth of current calibrator market. Also, the portability of the current calibrators are one of the factors that is moderately affecting the market growth positively.
The portable and handheld current calibrators are available in markets that are very easy to use, also it is very easy to carry for on-site measurements due to its compact size.
However, underdevelopment and less penetration of prominent players, in some countries of countries Asia Pacific and MEA regions are hindering the growth of current calibrator market.
Some of the prominent market players identified across the value chain of global current calibrator market are:
Leading players are strengthen their foothold by merger and acquisition strategies. For instance, In April 2016, Yokogawa announced the complete acquisition of KBC Advanced Technologies plc to increase their product portfolio
Prominent players are focusing to manufacturer multifunctional calibrators by strengthen their research facilities. For instance, Fluke Company has introduced new 50 MHz wideband option for the 5730A high-performance multifunction calibrator which widely used for laboratory maintenance.
Asia Pacific Excluding Japan and North America regions have a significant share of current calibrator market due to well-established electronic and electric industries in term of consumption. Moreover, the U.S., China, and India hold a maximum share of current calibrator market due to the strong distribution channel. Europe and Latin America moderately dominant market growth. Also, MEA forecasted as an emerging region for current calibrator market because of increasing industrialization.
Moreover, due to the high presence of manufacturers, North America and Europe are dominating the market of current calibrator market in terms of manufacturing. Also, the countries such as China and India have a moderate share of current calibrator market due to local manufacturers and few global players such as Fluke Corporation and Yokogawa Corporation.
The Current Calibrator Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment.
The market report also maps the qualitative impact of various market factors on market segments and geographies.
The global current calibrator market can be segmented on the basis of modularity, measuring range, application, and end-use.
On the basis of Modularity, the global Current calibrator market can be segmented as:
On the basis of Measuring Range, the global Current calibrator market can be segmented as:
On the basis of Application, the global current calibrator market can be segmented as:
On the basis of End-Use, the global current calibrator market can be segmented as:
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