South America 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

Geographically, the instrument calibrator market in SAM is segmented into Brazil and Argentina. Despite many economic challenges, favorable government initiatives would propel the growth of the region’s economy during the forecast period. The region has the highest urbanization rate globally owing to the government initiatives that support the industrial growth. With the growth in industrial sector, the scope of integrating advanced technologies for sampling testing is expected to increase. Brazil, Argentina, and Chile are among the countries witnessing the growth in the healthcare sector with the adoption of advanced healthcare solutions for analyzing the samples. The recent technological developments have had a direct impact on the economy of Brazil that has advanced to a large extent. The cost savings advantage and higher work efficiencies achieved are cited as the major attracting points for manufacturing companies to establish bases in SAM. Latin American economy is facing a lot instability in the current times and poses a challenge to the developing economies.

SAM is witnessing a growing number of COVID-19 cases; the increasing number of cases in Brazil, Peru, Chile, Ecuador, and Venezuela is likely to have negative impact on the market. With the outbreak of second wave COVID-19, there has been an increasing number of cases in the SAM countries. According to the International Council of Nurses, the number of deaths of health professionals in Brazil are above other countries due to high transmission of the virus. As Brazil has many populated regions with small houses with 6-7 people per house, the virus spreads like wildfire. Currently, the countries in this region are rapidly increasing its clinical programs to fight against the novel corona virus. In this scenario, the COVID-19 epidemic has once again highlighted Brazil's need to reduce its dependence on foreign active pharmaceutical ingredients (APIs). Brazil imports 95 percent of the raw ingredients it needs to make medications, and with rising freight costs and the value of the dollar, the Brazilian pharmaceutical industry is beginning to feel the impact on production costs. The first scenario has two transmission pathways across the economic system a negative shock to labour supply as a result of the pandemic's high rates of sickness and mortality, and a temporary closure of non-essential economic activities. Furthermore, by assuming 3 and 6 months of shutdown in both scenarios, a sensitive analysis of the shutdown's temporality is considered. The results show a 3.78 percent loss in national GDP growth rate in Scenario 1 and a 0.48 percent reduction in Scenario 2 in 2020, with three months of shutdown. In Scenarios 1 and 2, the reduction would be greater with 6 months, at 10.90 percent and 7.64 percent, respectively. These factors are likely to have negative impact on the market growth.

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Market Overview and Dynamics

The instrument calibrator market in SAM is expected to grow from US$ 85.34 million in 2021 to US$ 113.28 million by 2028; it is estimated to grow at a CAGR of 4.1% from 2021 to 2028. Pharmaceutical companies need a complete calibration solution that meets with industry regulations while increasing efficiency and improving data integrity and quality standards. Temperature, pressure, and electrical calibrators are required for the frequent calibration of various pharmaceutical equipment, such as medical testing instruments, weather stations, thermistors, and furnaces. Thus, the pharmaceuticals industry is contributing to the instrument calibrators market growth.

Key Market Segments

SAM instrument calibrator market is segmented into product type, modularity, industry vertical and country. Based on product type, the SAM 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 SAM instrument calibrator market is categorized into automotive, aerospace and defense, electronics, food, and beverage, pharmaceutical, oil and gas, and others. Oil and gas segment held the largest market share in 2020. Based on country, the SAM instrument calibrator market is segmented into Brazil, Argentina, and rest of SAM. Brazil 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 SAM 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 SAM 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 SAM instrument calibrator market.
Efficiently plan M&A and partnership deals in SAM 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 SAM instrument calibrator market.
Obtain market revenue forecast for market by various segments from 2021-2028 in SAM region.

SAM Instrument Calibrator Market Segmentation

SAM Instrument Calibrator Market - By Product Type

Temperature Calibrator
Pressure Calibrator
Electrical Calibrator
Multifunction Process Calibrator

SAM Instrument Calibrator Market - By Modularity

Benchtop
Portable

SAM Instrument Calibrator Market - By Industry Vertical

SAM Instrument Calibrator Market - By Country

Brazil
Argentina
Rest of SAM

SAM 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 SAM Instrument Calibrator Market – By Product Type

1.3.2 SAM Instrument Calibrator Market – By Modularity

1.3.3 SAM Instrument Calibrator Market – By Industry Vertical

1.3.4 SAM Instrument Calibrator Market- By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. SAM Instrument Calibrator Market Landscape

4.1 Market Overview

4.2 SAM PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. SAM Instrument Calibrator Market – Key Market Dynamics

5.1 Key Market Drivers

5.1.1 Increasing Requirement from Pharmaceuticals Industry

5.1.2 Aerospace & Defence Adopting Strict Regulatory Environment

5.1.3 Low Cost of Calibrators Followed by Technological Advancements

5.2 Key Market Restraints

5.2.1 Red Ocean Strategy Hampering Instrument Calibrator Market

5.3 Key Market Opportunities

5.3.1 Governments Coming Up with Favourable Regulations

5.4 Future Trends

5.4.1 Significant Developments in Calibration Services

5.5 Impact analysis of Drivers and Restraints

6. Instrument Calibrator Market – SAM Analysis

6.1 SAM Instrument Calibrator Market Overview

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

7. SAM Instrument Calibrator Market Analysis – By Product Type

7.1 Overview

7.2 SAM 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. SAM Instrument Calibrator Market Analysis– By Modularity

8.1 Overview

8.2 SAM 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. SAM Instrument Calibrator Market – By Industry Vertical

9.1 Overview

9.2 SAM 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. SAM Instrument Calibrator Market – Country Analysis

10.1 Overview

10.1.1 SAM Instrument Calibrator Market Breakdown, by Country

10.1.1.1 Brazil Instrument Calibrator Market, Revenue and Forecast to 2028

10.1.1.1.1 Brazil Instrument Calibrator Market Breakdown, by Product Type

10.1.1.1.2 Brazil Instrument Calibrator Market Breakdown, by Modularity

10.1.1.1.3 Brazil Instrument Calibrator Market Breakdown, by Industry Vertical

10.1.1.2 Argentina Instrument Calibrator Market, Revenue and Forecast to 2028

10.1.1.2.1 Argentina Instrument Calibrator Market Breakdown, by Product Type

10.1.1.2.2 Argentina Instrument Calibrator Market Breakdown, by Modularity

10.1.1.2.3 Argentina Instrument Calibrator Market Breakdown, by Industry Vertical

10.1.1.3 Rest of SAM Instrument Calibrator Market, Revenue and Forecast to 2028

10.1.1.3.1 Rest of SAM Instrument Calibrator Market Breakdown, by Product Type

10.1.1.3.2 Rest of SAM Instrument Calibrator Market Breakdown, by Modularity

10.1.1.3.3 Rest of SAM Instrument Calibrator Market Breakdown, by Industry Vertical

11. Instrument Calibrator Market- COVID-19 Impact Analysis

11.1 SAM

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 Spectris

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

14. Appendix

14.1 About the Insight Partners

14.2 Word Index

LIST OF TABLES

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

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

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

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

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

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

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

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

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

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

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

Table 12. Recent Inorganic Growth Strategies in the Instrument Calibrator Market

Table 13. Recent Organic Growth Strategies in the Instrument Calibrator Market

Table 14. List of Abbreviation

LIST OF FIGURES

Figure 1. SAM Instrument Calibrator Market Segmentation

Figure 2. SAM Instrument Calibrator Market Segmentation – By Country

Figure 3. SAM 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. Brazil was the Largest Revenue Contributor in 2020

Figure 7. SAM – PEST Analysis

Figure 8. SAM Instrument Calibrator Market– Ecosystem Analysis

Figure 9. Expert Opinion

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Figure 32. Rest of SAM Instrument Calibrator Market, Revenue and Forecast to 2028 (US$ Mn)

Figure 33. Impact of COVID-19 Pandemic in SAM Country Markets

Figure 34. 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 SAM instrument calibrator market
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Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the instrument calibrator market, as well as those hindering it
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