Global Voltage Calibrator Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Components ;

Hardware, Software and Services, Others.

By Device Type ;

Bench Type and Handheld.

By End User ;

Laboratory and Field.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn739986616 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Voltage Calibrator Market (USD Million), 2021 - 2031

In the year 2024, the Global Voltage Calibrator Market was valued at USD 226.85 million. The size of this market is expected to increase to USD 321.33 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.1%.

The Global Voltage Calibrator Market encompasses a range of precision measurement devices designed to calibrate voltage sources accurately. Voltage calibrators play a crucial role in ensuring the accuracy and reliability of electrical testing equipment, instruments, and control systems across various industries. These devices are used for calibration, verification, and troubleshooting of voltage sources, meters, sensors, and other electrical devices, ensuring optimal performance and adherence to industry standards.

Key factors driving the growth of the Global Voltage Calibrator Market include the increasing demand for precision measurement, advancements in calibration technology, regulatory compliance requirements, and the expansion of electrical and electronics sectors globally. Manufacturers in the market focus on developing innovative calibrators with enhanced features such as high accuracy, portability, automation capabilities, and compatibility with digital systems, catering to diverse industry needs and applications.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Components
    2. Market Snapshot, By Device Type
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Voltage Calibrator Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing demand for precision measurement.
        2. Technological advancements in calibration equipment.
        3. Compliance with industry standards and regulations.
        4. Growing focus on quality assurance in manufacturing.
        5. Expansion of electrical and electronics sectors.
      2. Restraints
        1. High initial investment costs.
        2. Complexity in calibration procedures.
        3. Limited awareness among end-users.
        4. Challenges in calibrating specialized equipment.
        5. Competition from alternative calibration methods.
      3. Opportunities
        1. Adoption of automation and Industry 4.0.
        2. Rising demand for calibration services.
        3. Market expansion in emerging economies.
        4. Development of portable and user-friendly calibrators.
        5. Integration of calibration software solutions.
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Voltage Calibrator Market, By Components , 2021 - 2031 (USD Million)
      1. Hardware
      2. Software
      3. Services
      4. Others
    2. Global Voltage Calibrator Market, By Device Type , 2021 - 2031 (USD Million)
      1. Bench Type
      2. Handheld.
    3. Global Voltage Calibrator Market, By End User , 2021 - 2031 (USD Million)
      1. Laboratory
      2. Field.
    4. Global Voltage Calibrator Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America

        1. Brazil

        2. Mexico

        3. Argentina

        4. Rest of Latin America

  6. Competitive Landscape
    1. Company Profiles
      1. Fluke Corporation
      2. Keysight Technologies
      3. Yokogawa Electric Corporation
      4. AMETEK, Inc.
      5. Tektronix, Inc.
      6. Transmille Ltd.
      7. AOIP
      8. Time Electronics Ltd.
      9. TEGAM, Inc.
      10. Additel Corporation
  7. Analyst Views
  8. Future Outlook of the Market