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Global Calibration and Repair Services Markets, 2016-2019 & 2020-2024: Demand for High-quality Instrument Standards and Tightened Regulations Enhances Future Growth Potential

Share this article Share this article ResearchAndMarkets.com s offering. The global calibration and repair services market is anticipated to reach $3,996.9 million by 2024, driven by increased quality awareness, greater adoption by the aerospace and defense, and life sciences industries, and tightening regulations imposed by calibration regulatory authorities across the world. The instruments used in industries such as aerospace and defense, life sciences, and automotive, all of which are strictly regulated, are at high risk of failure, creating the need for calibration at regular intervals. Focus on automation and asset software also drives the calibration and repair services market because these tools reduce the amount of time required to perform calibration and improve the quality of service rendered. For some electrical equipment, users need only to plug the equipment into the software, and the test is conducted automatically.

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