Global market for Calibration Equipments is expected to reach about 482.36 million USD by 2022

The global market for Calibration Equipments is expected to reach about 482.36 million USD by 2022 from 336.72 million USD in 2016, registering a Compounded Annual Growth Rate (CAGR) of 6.17% during the analysis period, 2017-2022.

Publisher: QYResearch

Published Date: 2018-05-30

First, for industry structure analysis, the Calibration Equipments industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 63% of the revenue market. Regionally, North America is the biggest production value area of valves, also the leader in the whole Calibration Equipments industry.

Second, the production of Calibration Equipments increased from 89.88 K units in 2012 to 123.54 K units in 2016 with an average growth rate of 8.28%.

Third, North America occupied 42.76% of the production market in 2016. It is followed by Europe and Asia-Pacific, which respectively account for around 32.49% and 17.70% of the global total industry. Other countries have a smaller amount of production. Geographically, North America was the largest consumption market in the world, which took about 35.13% of the global consumption volume in 2016.

Fourth, for price trend analysis, a key variable in the performance of Calibration Equipments producers is raw material costs, specifically the speed at which any increase can be passed through to customers.

Fifth, for forecast, the global Calibration Equipments revenue would keep increasing with annual growth rate with 5~7%. QYR tend to believe that this industry still has a good future, considering the current demand of Calibration Equipments.

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