Fluke Corporation, Baker Hughes Company (Druck), Spectris (OMEGA Engineering), Yokogawa Electric Corporation and AMETEK Inc., are the five key market players operating in the global instrument calibrator market. Due to fragmented nature of global instrument calibrator market with presence of various regional and local players worldwide, this listing of “Key Five Players” is derived by considering and giving weightage to following key parameters: overall revenue, segmental revenue, brand image & industry experience, current instrument calibrator portfolio and related products, innovative and advanced technology integration, customer base, geographical reach, research and development investments, patents, new product launches, partnerships, mergers & acquisitions and other market related activities. The above listing/positioning does not represent top five players by market share. There are various other notable players operating in the global instrument calibrator market ecosystem such as Extech Instruments (FLIR Systems), WIKA Alexander Wiegand SE & Co. KG, Additel, Beamex Oy Ab, and Calmet. which were also profiled in this report. In addition to the ten players profiled in the report, there are several other global, regional, and local players in the global instrument calibrator market ecosystem/value chain which were studied and analyzed during this study to gain a holistic view of the global market size and growth trends.
FLUKE CORPORATION, BAKER HUGHES COMPANY, SPECTRIS, YOKOGAWA ELECTRIC CORPORATION, AND AMETEK INC. – PROMINENT MARKET PARTICIPANTS IN INSTRUMENT CALIBRATOR MARKET
The instrument calibrator market is segmented in terms of product type, modularity, industry vertical, and geography. Based on product type, the instrument calibrator market is segmented into temperature calibrator, pressure calibrator, electrical calibrator, and multifunction process calibrator. In 2020, the pressure calibrator segment led the instrument calibrator market, accounting for the largest share in the market. In terms of modularity, the instrument calibrator market can be segmented into benchtop and portable. In 2020, the portable segment accounted for the largest market share. Similarly, based on industry vertical, the instrument calibrator market can be segmented into automotive, aerospace and defense, electronics, food and beverage, pharmaceutical, oil and gas, and other industries. In 2020, the other industries segment accounted for the largest market share. Geographically, the market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2020, APAC accounted for the significant share in the global market.
Most of the market initiatives were observed in North America and Europe regions, which have a high potential of instrument calibrator providers. Few of the important market initiatives and product developments from the industry are mentioned below:
| Year | News | Region |
| 2020 | AMETEK STC is pleased to present the new JOFRA CTC-652 temperature calibrator. The CTC-652 is the tallest of JOFRA’s CTC Series calibrators and is the only industrial-grade temperature calibrator with a 200 mm insert. | Europe |
| 2019 | Fluke Calibration launched the world’s most stable digitizing multimeter. The 8588A Reference Multimeter is the world’s most stable digitizing multimeter. Designed for calibration standards laboratories, this reliable digital multimeter holds the industry’s best one-year dc voltage accuracy and pushes the speed. | North America |
