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World Calibration Services Market
Frost & Sullivan, Sep 2008, Pages: 116
This Frost & Sullivan research service titled World Calibration Services Market offers an in-depth analysis of end-user industries including aerospace and defence, industrial and automotive, electronic manufacturing, communications and life sciences. The research also reviews the important drivers, restraints and challenges affecting the market and explores future growth potential. In this research, Frost & Sullivan’s expert analysts thoroughly examine the following markets: electrical calibration services, mechanical calibration services, thermodynamic calibration services and physical/dimensional calibration services.
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Market Overview
Automation Revolutionising Calibration Service Market
As technological breakthroughs accelerate, the calibration process has become more complicated. The continuous evolution of quality legislations and adherence to various quality programmes, regulatory agencies, auditors and accreditation bodies present significant challenges to the calibration vendors present in the market. Simple measurements are no longer important, the measurement of uncertainties and data analyses are of concern to metrology customers. Customer’s expectations are constantly rising not only on the technology front but also in terms of commercial aspects such as pricing and turnaround time. 'The uncertain global economy, exacerbated by intensifying competition, has compelled consumers to focus more on the commercial aspects of calibration such as pricing and turnaround time, thus affecting the quality of the calibration process,' notes the analyst of this research. 'Cost-cutting has affected calibration laboratories to the extent that analyses of return on investment and productivity have become the fulcrum of business.'
Calibration service providers are under pressure to reduce costs even as calibration laboratories worldwide are facing demands to deliver high-quality services faster, at lower costs with fewer resources. This is one of the biggest challenges faced by the market. The process of automation in calibration services is the most important technological advancement that is revolutionising service delivery mechanisms and processes. It offers most calibration service providers, especially those calibrating electronic test equipment, the option to minimise delivery costs, meet customers’ expectations of reduced turn around time and enhanced service quality.
Outsourcing Emerges as Key Driver
The global calibration services market will experience stable and uniform growth over the long term. The calibration service industry is flooded with participants, but very few have a global presence. Most vendors are restricted to serving accounts in their own region. The economic slowdown in certain regions such as Western Europe and North America has driven manufacturing companies to resort to numerous cost-cutting measures in order to stay competitive. Manufacturing companies have started shifting base to many low-cost centres in Eastern Europe and the Asia Pacific region. To meet the surging demand for calibration in areas like Eastern Europe and Asia Pacific, major tier 1 operators in Western Europe and North America are anticipated to expand their bases globally and enter these new markets, either in collaboration with OEMs or through acquisitions, over the next three to four years.
'Outsourcing calibration activities by manufacturing companies has turned out to be one the most prudent methods of saving costs while, at the same time, increasing the reliability of the calibration,' comments the analyst. 'The current outsourcing trend is anticipated to intensify the growth of the calibration services market.' An important aspect that has driven outsourcing is the internal absence of requisite standards and expertise to calibrate a particular piece of equipment. The costs of procuring these resources are likely to be very high in relation to the volume of calibration being performed. Organisations are ready to outsource to vendors offering them calibration support with proper traceability and quality assurance as per certification requirements.'
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