Asia-Pacific Instrument Calibrator Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Temperature Calibrator, Pressure Calibrator, Electrical Calibrator, and Multifunction Process Calibrator), Modularity (Benchtop and Portable), and Industry Vertical (Automotive, Aerospace & Defense, Electronics, Food & Beverage, Pharmaceutical, Oil & Gas, and Other Industries)

Market Introduction

The APAC instrument calibrator market is sub-segmented into: China, Japan, India, Australia, South Korea, and the Rest of APAC. The market in the region is largely held by countries such as China and Japan. The factors contributing to the growth of the instrument calibrator market in these countries are the rising development of instrument calibrator and growing number of players operating across the country conferring the highest manufacturing of the instrument calibrator products. The countries such as Australia, India, and South Korea are estimated to serve various growth opportunities due to the rising development in the instrument calibrator market. In addition, the governments of India and Australia are increasing their efforts to supply calibrator products across the country. Also, extensive growth in pharmaceutical industry and rising emphasis on quality standards is likely to provide greater growth opportunities to the market players in the coming years.

APAC constitutes the world’s two most populated countries—India and China—that are also manufacturing hubs. Amid the COVID-19 outbreak, China virtually imposed strict lockdown and social isolation, which almost halted the manufacturing and production for several weeks. Moreover, the country suspended the import and export of critical raw materials and components, which disrupted the global supply chains in early 2020. India also imposed a nationwide lockdown to keep a check on the growing COVID-19 cases across the country. As a result, lockdown, and disruption in industrial activities across China and India restricted the supply chain of various raw material and goods. However, these countries had to permit the manufacturing of a few essential goods. Disruptions in manufacturing units has limited the production of new instrument calibrators, thus negatively impacted the growth of the APAC instrument calibrator market. On the contrary, the governments are lifting lockdowns in all the countries, which is projected to positively impact the production and development of instrument calibrators across the region in the coming years.

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Market Overview and Dynamics

The instrument calibrator market in APAC is expected to grow from US$ 449.83 million in 2021 to US$ 714.73 million by 2028; it is estimated to grow at a CAGR of 6.8% from 2021 to 2028. China, India, among others, are investing heavily in the aerospace and defense industries. It is mandatory to frequently calibrate electronics systems used in these businesses, as it is critical to inspect and ensure that the equipment is in good working conditions, which helps mitigate the risks associated with their unpredicted failure. Instruments that calibrated at appropriate time intervals produce accurate and consistent results. Calibration is a part of the quality management process in the aerospace & defense sector as it helps the companies to comply with regulatory standards. For example, Mechanical Equipment Calibration Services are used to measure all parameters such as pressure, angle, mass, volume, torque, and force in order to avoid making a mistake that could result in a catastrophe.

Key Market Segments

APAC instrument calibrator market is segmented into product type, modularity, industry vertical and country. Based on product type, the APAC instrument calibrator market is segmented into temperature calibrator, pressure calibrator, electrical calibrator, and multifunction process calibrator. Pressure calibrator segment held the largest market share in 2020. The modularity segment is classified into benchtop, and portable. Portable segment held the largest market share in 2020. Based on industry vertical, the APAC instrument calibrator market is categorized into automotive, aerospace and defense, electronics, food, and beverage, pharmaceutical, oil and gas, and others. Oil& gas segment held the largest market share in 2020. Based on country, the APAC instrument calibrator market is segmented into Australia, China, India, Japan, South Korea, and rest of APAC. China held the largest market share in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the instrument calibrator market in APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Additel; AMETEK Inc.; Baker Hughes Company; Beamex Oy Ab; Calmet; Fluke Corporation; Spectris; WIKA Alexander Wiegand SE & Co. KG; and Yokogawa Electric Corporation.

Reasons to buy report

To understand the APAC instrument calibrator market landscape and identify market segments that are most likely to guarantee a strong return.
Stay ahead of the race by comprehending the ever-changing competitive landscape for APAC instrument calibrator market.
Efficiently plan M&A and partnership deals in APAC instrument calibrator market by identifying market segments with the most promising probable sales.
Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC instrument calibrator market.
Obtain market revenue forecast for market by various segments from 2021-2028 in APAC region.

APAC Instrument Calibrator Market Segmentation

APAC Instrument Calibrator Market - By Product Type

Temperature Calibrator
Pressure Calibrator
Electrical Calibrator
Multifunction Process Calibrator

APAC Instrument Calibrator Market - By Modularity

Benchtop
Portable

APAC Instrument Calibrator Market - By Industry Vertical

APAC Instrument Calibrator Market - By Country

APAC Instrument Calibrator Market - Company Profiles

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 APAC Instrument Calibrator Market – By Product Type

1.3.2 APAC Instrument Calibrator Market – By Modularity

1.3.3 APAC Instrument Calibrator Market – By Industry Vertical

1.3.4 APAC Instrument Calibrator Market- By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. APAC Instrument Calibrator Market Landscape

4.1 Market Overview

4.2 APAC PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. APAC Instrument Calibrator Market – Key Market Dynamics

5.1 Key Market Drivers

5.1.1 Demand From the Pharmaceutical Industry is High

5.1.2 Aerospace & Defence Sector Following Stringent Regulations

5.1.3 Technological Advancements and Availability of Cheap Calibrators

5.2 Key Market Restraints

5.2.1 Instrument Calibrator Market Following Red Ocean Strategy

5.3 Key Market Opportunities

5.3.1 Recommendable Government Regulations and Technological Improvement

5.4 Future Trends

5.4.1 Instrument Calibration Services Witnessing Developments

5.5 Impact analysis of Drivers and Restraints

6. Instrument Calibrator Market – APAC Analysis

6.1 APAC Instrument Calibrator Market Overview

6.2 APAC Instrument Calibrator Market –Revenue and Forecast to 2028 (US$ Million)

7. APAC Instrument Calibrator Market Analysis – By Product Type

7.1 Overview

7.2 APAC Instrument Calibrator Market Revenue Breakdown, By Product Type, 2020 and 2028

7.3 Temperature Calibrator

7.3.1 Overview

7.3.2 Temperature Calibrator: Instrument Calibrator Market, Revenue and Forecast to 2028 (US$ Million)

7.4 Pressure Calibrator

7.4.1 Overview

7.4.2 Pressure Calibrator: Instrument Calibrator Market- Revenue and Forecast to 2028 (US$ Million)

7.5 Electrical Calibrator

7.5.1 Overview

7.5.2 Electrical Calibrator: Instrument Calibrator Market- Revenue and Forecast to 2028 (US$ Million)

7.6 Multifunction Process Calibrator

7.6.1 Overview

7.6.2 Multifunction Process Calibrator: Instrument Calibrator Market- Revenue and Forecast to 2028 (US$ Million)

8. APAC Instrument Calibrator Market Analysis– By Modularity

8.1 Overview

8.2 APAC Instrument Calibrator Market Breakdown, By Modularity, 2020 and 2028

8.3 Benchtop

8.3.1 Overview

8.3.2 Benchtop: Instrument Calibrator Market- Revenue and Forecast to 2028 (US$ Million)

8.4 Portable

8.4.1 Overview

8.4.2 Portable: Instrument Calibrator Market- Revenue and Forecast to 2028 (US$ Million)

9. APAC Instrument Calibrator Market – By Industry Vertical

9.1 Overview

9.2 APAC Instrument Calibrator Market, by Industry Vertical (2020 and 2028)

9.3 Pharmaceutical

9.3.1 Overview

9.3.2 Pharmaceutical: Instrument Calibrator Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Automotive

9.4.1 Overview

9.4.2 Automotive: Instrument Calibrator Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Aerospace and Defense

9.5.1 Overview

9.5.2 Aerospace and Defense: Instrument Calibrator Market – Revenue and Forecast to 2028 (US$ Million)

9.6 Food and Beverages

9.6.1 Overview

9.6.2 Food and Beverages: Instrument Calibrator Market – Revenue and Forecast to 2028 (US$ Million)

9.7 Electronics

9.7.1 Overview

9.7.2 Electronics: Instrument Calibrator Market – Revenue and Forecast to 2028 (US$ Million)

9.8 Oil and Gas

9.8.1 Overview

9.8.2 Oil and Gas: Instrument Calibrator Market – Revenue and Forecast to 2028 (US$ Million)

9.9 Other Industries

9.9.1 Overview

9.9.2 Other Industries: Instrument Calibrator Market – Revenue and Forecast to 2028 (US$ Million)

10. APAC Instrument Calibrator Market – Country Analysis

10.1 Overview

10.1.1 APAC Instrument Calibrator Market Breakdown, by Country

10.1.1.1 China Instrument Calibrator Market, Revenue and Forecast to 2028 (US$ Mn)

10.1.1.1.1 China Instrument Calibrator Market Breakdown, by Product Type

10.1.1.1.2 China Instrument Calibrator Market Breakdown, By Modularity

10.1.1.1.3 China Instrument Calibrator Market Breakdown, By Industry Vertical

10.1.1.2 India Instrument Calibrator Market, Revenue and Forecast to 2028 (US$ Mn)

10.1.1.2.1 India Instrument Calibrator Market Breakdown, by Product Type

10.1.1.2.2 India Instrument Calibrator Market Breakdown, By Modularity

10.1.1.2.3 India Instrument Calibrator Market Breakdown, By Industry Vertical

10.1.1.3 Japan Instrument Calibrator Market, Revenue and Forecast to 2028 (US$ Mn)

10.1.1.3.1 Japan Instrument Calibrator Market Breakdown, by Product Type

10.1.1.3.2 Japan Instrument Calibrator Market Breakdown, By Modularity

10.1.1.3.3 Japan Instrument Calibrator Market Breakdown, By Industry Vertical

10.1.1.4 South Korea Instrument Calibrator Market, Revenue and Forecast to 2028 (US$ Mn)

10.1.1.4.1 South Korea Instrument Calibrator Market Breakdown, by Product Type

10.1.1.4.2 South Korea Instrument Calibrator Market Breakdown, By Modularity

10.1.1.4.3 South Korea Instrument Calibrator Market Breakdown, By Industry Vertical

10.1.1.5 Australia Instrument Calibrator Market, Revenue and Forecast to 2028 (US$ Mn)

10.1.1.5.1 Australia Instrument Calibrator Market Breakdown, by Product Type

10.1.1.5.2 Australia Instrument Calibrator Market Breakdown, By Modularity

10.1.1.5.3 Australia Instrument Calibrator Market Breakdown, By Industry Vertical

10.1.1.6 Rest of APAC Instrument Calibrator Market, Revenue and Forecast to 2028 (US$ Mn)

10.1.1.6.1 Rest of APAC Instrument Calibrator Market Breakdown, by Product Type

10.1.1.6.2 Rest of APAC Instrument Calibrator Market Breakdown, By Modularity

10.1.1.6.3 Rest of APAC Instrument Calibrator Market Breakdown, By Industry Vertical

11. APAC Instrument Calibrator Market- COVID-19 Impact Analysis

11.1 APAC

12. Instrument Calibrator Market –Industry Landscape

12.1 Overview

12.2 Growth Strategies in the Instrument Calibrator Market

12.3 Inorganic Growth Strategies

12.3.1 Overview

12.4 Organic Growth Strategies

12.4.1 Overview

13. Company Profiles

13.1 AMETEK Inc.

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Baker Hughes Company

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Fluke Corporation

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Yokogawa Electric Corporation

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 WIKA Alexander Wiegand SE & Co. KG

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Additel

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Beamex Oy Ab

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Calmet

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Spectris

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

14. Appendix

14.1 About the Insight Partners

14.2 Word Index

LIST OF TABLES

Table 1. APAC Instrument Calibrator Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. APAC Instrument Calibrator Market, Revenue and Forecast To 2028 – By Country (US$ Mn)

Table 3. China Instrument Calibrator Market, Revenue and Forecast to 2028 – By Product Type (US$ Mn)

Table 4. China Instrument Calibrator Market, Revenue and Forecast to 2028 – By Modularity (US$ Mn)

Table 5. China Instrument Calibrator Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ Mn)

Table 6. India Instrument Calibrator Market, Revenue and Forecast to 2028 – By Product Type (US$ Mn)

Table 7. India Instrument Calibrator Market, Revenue and Forecast to 2028 – By Modularity (US$ Mn)

Table 8. India Instrument Calibrator Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ Mn)

Table 9. Japan Instrument Calibrator Market, Revenue and Forecast to 2028 – By Product Type (US$ Mn)

Table 10. Japan Instrument Calibrator Market, Revenue and Forecast to 2028 – By Modularity (US$ Mn)

Table 11. Japan Instrument Calibrator Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ Mn)

Table 12. South Korea Instrument Calibrator Market, Revenue and Forecast to 2028 – By Product Type (US$ Mn)

Table 13. South Korea Instrument Calibrator Market, Revenue and Forecast to 2028 – By Modularity (US$ Mn)

Table 14. South Korea Instrument Calibrator Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ Mn)

Table 15. Australia Instrument Calibrator Market, Revenue and Forecast to 2028 – By Product Type (US$ Mn)

Table 16. Australia Instrument Calibrator Market, Revenue and Forecast to 2028 – By Modularity (US$ Mn)

Table 17. Australia Instrument Calibrator Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ Mn)

Table 18. Rest of APAC Instrument Calibrator Market, Revenue and Forecast to 2028 – By Product Type (US$ Mn)

Table 19. Rest of APAC Instrument Calibrator Market, Revenue and Forecast to 2028 – By Modularity (US$ Mn)

Table 20. Rest of APAC Instrument Calibrator Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ Mn)

Table 21. Recent Inorganic Growth Strategies in the Instrument Calibrator Market

Table 22. Recent Organic Growth Strategies in the Instrument Calibrator Market

Table 23. List of Abbreviation

LIST OF FIGURES

Figure 1. APAC Instrument Calibrator Market Segmentation

Figure 2. APAC Instrument Calibrator Market Segmentation – By Country

Figure 3. APAC Instrument Calibrator Market Overview

Figure 4. Pressure Calibrator Product Type Held the Largest Market Share in 2020

Figure 5. Portable Modularity Held the Largest Market Share in 2020

Figure 6. China was the Largest Revenue Contributor in 2020

Figure 7. APAC– PEST Analysis

Figure 8. APAC Instrument Calibrator Market– Ecosystem Analysis

Figure 9. Expert Opinion

Figure 10. APAC Instrument Calibrator Market: Impact Analysis of Drivers and Restraints

Figure 11. APAC Instrument Calibrator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12. APAC Instrument Calibrator Market Revenue Breakdown, By Product Type, 2020 and 2028 (%)

Figure 13. APAC Temperature Calibrator: Instrument Calibrator Market- Revenue and Forecast to 2028 (US$ Million)

Figure 14. APAC Pressure Calibrator: Instrument Calibrator Market- Revenue and Forecast to 2028 (US$ Million)

Figure 15. APAC Electrical Calibrator: Instrument Calibrator Market- Revenue and Forecast to 2028 (US$ Million)

Figure 16. APAC Multifunction Process Calibrator: Instrument Calibrator Market- Revenue and Forecast to 2028 (US$ Million)

Figure 17. APAC Instrument Calibrator Market Breakdown, By Modularity, 2020 and 2028 (%)

Figure 18. APAC Benchtop: Instrument Calibrator Market- Revenue and Forecast to 2028 (US$ Million)

Figure 19. APAC Portable: Instrument Calibrator Market- Revenue and Forecast to 2028 (US$ Million)

Figure 20. APAC Instrument Calibrator Market Revenue Share, by Industry Vertical (2020 and 2028)

Figure 21. APAC Pharmaceutical: Instrument Calibrator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. APAC Automotive: Instrument Calibrator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. APAC Aerospace and Defense: Instrument Calibrator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. APAC Food and Beverages: Instrument Calibrator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. APAC Electronics: Instrument Calibrator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. APAC Oil and Gas: Instrument Calibrator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. APAC Other Industries: Instrument Calibrator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. APAC Instrument Calibrator Market, by Key Country - Revenue (2020) (US$ Mn)

Figure 29. APAC Instrument Calibrator Market Breakdown, by Country, 2020 & 2028 (%)

Figure 30. China Instrument Calibrator Market, Revenue and Forecast To 2028 (US$ Mn)

Figure 31. India Instrument Calibrator Market, Revenue and Forecast To 2028 (US$ Mn)

Figure 32. Japan Instrument Calibrator Market, Revenue and Forecast To 2028 (US$ Mn)

Figure 33. South Korea Instrument Calibrator Market, Revenue and Forecast To 2028 (US$ Mn)

Figure 34. Australia Instrument Calibrator Market, Revenue and Forecast To 2028 (US$ Mn)

Figure 35. Rest of APAC Instrument Calibrator Market, Revenue and Forecast To 2028 (US$ Mn)

Figure 36. Impact of COVID-19 Pandemic in APAC Country Markets

Figure 37. Growth Strategies in the Instrument Calibrator Market

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC instrument calibrator market
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the APAC instrument calibrator market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the instrument calibrator market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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