Loop Calibrators Market Size, Share, Statistics, Trend Analysis and Forecast Report, 2020 - 2027

Loop Calibrators Market is segmented by Type (Wired Calibrators and Wireless Calibrators), and by End-user (Third-party Service Providers, In-house Maintenance Teams, and Others), and by Region (United States, Canada, Mexico, France, Germany, Italy, Spain, United Kingdom, Russia, China, India, Philippines, Malaysia, Australia, Austria, South Korea, Middle East, Japan, Africa and Rest of World)

  • Report ID : MD2334
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  • Pages : 298
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  • Tables : 82
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  • Formats :

Loop Calibrators Market size shall reach a value of $x Million in 2027, growing with a CAGR of 9.7% during the forecast period of 2020 to 2027.

Market Definition / Research Scope

Loop calibrators are types of electrical calibrators precisely manufactured to troubleshoot 4-20 mA current loops. Current loops are very common used in control applications and industrial measurements due to their solace in setting up low noise output, wide power supply conditions, and capacity to be transmitted over long distances with no loss.
A loop calibration is a set of appliances that are organized and calibrated together. The output and input of the whole group deduce the status of the calibration. This solution enables an appliance to belong to one calibration loop at a time.
Loop calibrators are devices used to compare electric readings with regulatory measures. It is also used to improve deviations of electrical measuring devices including arm meters, angle meters, voltmeters, transformer flicker meters, and wattmeters. Loop calibrators can measure sourcing current to unpowered appliances in a loop, as well as emulate the procedure of loop-powered 4-20 mA transmitters.

Loop Calibrators Market Growth and Trends

Drivers :

• Loop calibrators are utilized to compare electric readings with regulatory standards and correct deviations of electrical measuring tools including transformer flicker meters, arm meters, angle meters, voltmeters, and watt meters.
• Presently, loop calibrators with high storage capacity are gaining importance among users.
• Hence, leading manufacturers are focusing on introducing loop calibrators enabled with high data storage capacity.
• The demand for loop calibrators with high storage capacity is mainly driven by thegrowing adoption of automation technologies across various sectors and the trend of capturing high-definition pictures and videos.
• With increased product commercialization, rapidly developing industry infrastructure and growing demand for loop calibratorsfor intrinsically safe calibration is considered a key factor driving the market
• Intrinsic safety is a standard followed in industries that manage highly explosive environments.
• Industries, specially mining, petrochemical and pharmaceutical, need to ensure that operations should be ‘intrinsically safe’. That means that thedevices are guaranteed against any discharge of energy that maycause ignition upon contact with combustible materials.The equipment used should free from any electric sparks, electromagnetic radiation, flames, mechanical friction, arcs, and impact & ionizing radiations.
• Implication of safety solutions is gaining importance in different industries. Therefore, intrinsically safe calibration can limit the inherent risk associated with hazard-prone workplaces.
• Also increase in demand for maintaining accuracy of operations is augmenting the demand for loop calibrators.
• A number of third-party service providers are also operating in the market to maintain the operating condition of an increasing number of industrial equipment. These service providers track instruments at their premises and notify end-users in advance against any sorts of functional failure on-site.
• End-users sometimes employ calibrators to manage small deviations.
• Increasing adoption of Industrial Internet of Things (IIoT) has also prompted end-users to adopt loop calibrators, as they can be easily connected with cloud computing.
• A few key manufacturers operating in the global market are General Electric Company, Additel Corporation, AMETEK Inc., Spectrisplc and Fortive (Fluke).

Restraints :The growth of the loop calibrators market is facing the challenge from an increasing popularity of multifunctional calibrators, which causes a serious threat to manufacturers of loop calibrators.

Loop Calibrators Market Regional Analysis
Loop Calibrators Market Share and Competition
Key companies operating in this industry are: General Electric Company, Additel Corporation, AMETEK, Inc., Spectris plc, and Fortive (Fluke). Similar industries in this domain that is growing at a high CAGR include Multifunction Calibrators Market and Hook and Loop Products.

Loop Calibrators Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy

Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Wired Calibrators
• Wireless Calibrators

Application Analysis (Revenue, USD Million, 2020 - 2027)
• Third-party Service Providers
• In-house Maintenance Teams
• Others

Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World

Loop Calibrators Market Companies
• General Electric Company
• Additel Corporation
• AMETEK, Inc.
• Spectris plc
• Fortive (Fluke)

Available Versions: -
United States Loop Calibrators Market Research Report
Europe Loop Calibrators Market Research Report
Asia Pacific Loop Calibrators Market Research Report
India Loop Calibrators Market Research Report

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