New Study from StrategyR Highlights a $8.2 Billion Global Market for Calibration Services by 2026
SAN FRANCISCO, June 3, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Calibration Services - Global Market Trajectory & Analytics" .
- SAN FRANCISCO, June 3, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Calibration Services - Global Market Trajectory & Analytics" .
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Amid the COVID-19 crisis, the global market for Calibration Services estimated at US$6.1 Billion in the year 2022, is projected to reach a revised size of US$8.2 Billion by 2026, growing at a CAGR of 7% over the analysis period. - The need for businesses to improve efficiency and effectiveness of operations by reducing equipment/system downtime is the main growth driver for the calibration services market.
- Driven by the sheer diversity of application areas for calibration services, global calibration services market is recording stable growth.