Analysis of the COVID-19 Impact: Calibration Management Software Market 2020-2024 | Automation of Calibration Process to Augment Growth | Technavio

Technavio has been monitoring the calibration management software market and it is poised to grow by USD 100.84 million during 2020-2024, progressing at a CAGR of about 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio's in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AVL List GmbH, Beamex Oy Ab, CompuCal Calibration Solutions, CyberMetrics Corp., ETQ LLC, Fortive Corp., P.J. Bonner & Co. Ltd., Prime Technologies Inc., Productivity-Quality Systems Inc., and Quality America Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Automation of calibration process has been instrumental in driving the growth of the market.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Calibration Management Software Market 2020-2024: Segmentation

Calibration Management Software Market is segmented as below:

• Technology
  • Locally Installed
  • Cloud Based
• Geographic Landscape
  • North America
  • Europe
  • APAC
  • South America
  • MEA

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Calibration Management Software Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The calibration management software market report covers the following areas:

• Calibration Management Software Market Size
• Calibration Management Software Market Trends
• Calibration Management Software Market Analysis

This study identifies web-based training for calibration management software as one of the prime reasons driving the calibration management software market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

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Calibration Management Software Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist calibration management software market growth during the next five years
• Estimation of the calibration management software market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the calibration management software market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of calibration management software market vendors

Table of Contents:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Technology

• Market segments
• Comparison by Technology placement
• Locally installed - Market size and forecast 2019-2024
• Cloud-based - Market size and forecast 2019-2024
• Market opportunity by Technology

Customer Landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher-priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• AVL List GmbH
• Beamex Oy Ab
• CompuCal Calibration Solutions
• CyberMetrics Corp.
• ETQ LLC
• Fortive Corp.
• P.J. Bonner & Co. Ltd.
• Prime Technologies Inc.
• Productivity-Quality Systems Inc.
• Quality America, Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.