Torque calibration is a service provided to configure the torque using machines and instruments in accordance with pre-defined standards. In the process of correcting torque-measuring devices and is carried out on newly manufactured as well as pre-owned machines.
Technavio’s analysts forecast the Global Torque Calibration Services Market to grow at a CAGR of 3.48% during the period 2018-2022.
Covered in this report The report covers the present scenario and the growth prospects of the global torque calibration services market. To calculate the market size, the report considers the revenue generated from the adoption of calibration services in both discrete and process industries.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, global torque calibration services market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Endress+Hauser • Exova • Fortive • General Electric • Siemens
Market driver • Increasing demand for specialized technical services • For a full, detailed list, view our report
Market challenge • Need to meet minimum lead time criteria • For a full, detailed list, view our report
Market trend • Service contract support from vendors • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2022 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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