“ISO/IEC 17025 is the International Standard for the accreditation of Testing and Calibration Laboratories. It applies to all organizations performing tests and/or calibrations, including first, second and third-party laboratories, and laboratories where testing and/or calibration forms part of inspection and product certifications. It includes quality management system requirements along with technical requirements. In the UK, ISO/IEC 17025 accreditation is provided by UKAS. So, often calibration performed by an ISO/IEC 17025 accredited laboratory is referred to as UKAS Calibration.”
The article cited AMA's "Global Calibration Equipments Market Study" explored CAGR of %. According to the report, Technological Advancement in the Calibration Technology is one of the primary growth factors for the market. Calibration Equipment Provides Accurate and Quality of Measurements
is also expected to contribute significantly to the Calibration Equipments market. Overall, Industrial
applications of Calibration Equipments, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Sales Channel, such as Direct, is boosting the Calibration Equipments market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Calibration Equipments market identified that the demand is rising in many different parts of the world as "Rising Demand for Industrial Applications
".
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Calibration Equipments market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Calibration Equipments market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Calibration Equipments market size is calculated using market estimation process, the Calibration Equipments market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Calibration Equipments market size has been validated using both top-down and bottom-up approaches.