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Yahoo
29-05-2025
- Business
- Yahoo
Calibration Services Market Analysis Report 2025-2029: Calibration Services Look to Installed Base, Calibration Intervals Changes, Impacts of Self Calibration
Discover the future of the calibration services industry with a comprehensive report that addresses key growth drivers, global regulations, and market forecasts. Optimized for businesses, this edition offers insights into industry best practices, acquisition opportunities, and market size across metropolitan areas. Featuring strategic analysis and contributions from industry veterans, it's essential for organizations aiming to enhance their service offerings. Custom country data is available. Recommended by Dr. Malcolm Smith. Dublin, May 29, 2025 (GLOBE NEWSWIRE) -- The "Calibration Services Markets 2025-2029: Strategies and Trends with Forecasts by Type of Calibration, Industry and Country, Including Impact of Artificial Intelligence and World Metropolitan Area Market Sizes" report has been added to offering. A growing market. Key growth drivers. Is Artificial Intelligence a threat? Get all the answers with this comprehensive report. An industry protected from economic cycles. An industry driven forward by increasing global regulations and security. The future of the calibration services industry is explored with detailed market forecasts and strategic analysis. Worldwide Metropolitan Market sizes are included with every report. This latest edition of the industry standard report provides valuable information and insight. The report doesn't just look at market size. It examines key operational principles and industry best practices provided by industry veterans. Look at acquisition and divestiture opportunities. Revise pricing and service terms. Develop new service packaging and offerings. Consider integrated marketing programs. Key Topics Covered: 1 Market Guides1.1 Strategic Situation Analysis1.2 Guide for Executives and Business Development Staff1.3 Guide for Consultants and Investment Advisors1.4 Impact of Artificial Intelligence on Calibration Services Industry2 Introduction and Market Definition2.1 Introduction2.2 Methodology2.2.1 Methodology2.2.2 Sources2.2.3 Authors2.3 Global Economic Outlook2.3.1 Overview2.3.2 Gross Domestic Product2.3.3 Energy2.3.4 Inflation - Headline2.3.5 Inflation - Services2.4 Market Definition2.5 Important Role of Metrology Institutes3 Market Overview3.1 Manufacturer Practices3.1.1 Manufacturer versus other Vendors3.1.2 Electronic versus Mechanical Segments3.2 Accreditation3.2.1 Accreditation Recognition3.2.2 Two-Tiered Accreditation Standard3.3 Segments and Capability3.3.1 An Overview of Segmentation Practice3.3.2 Segmentation by Company Size3.3.3 On-site Service as a Segment3.4 Industry Structure and Participants3.4.1 The International System of Measurement - A Primer3.4.2 Current Industry Participants3.4.3 Industry Structure3.5 Geographic Influences3.5.1 Geographic Preference3.5.2 Implications for Laboratory Management3.5.3 Growing Demand for On Site Service4 Market Trends4.1 Factors Driving Growth4.1.1 Accreditation4.1.2 Technology4.1.3 Regulation4.1.4 Environment4.1.5 Outsourcing4.1.6 Security4.1.7 Global Economy4.1.8 Impact of Climate Change4.2 Factors Inhibiting Growth4.2.1 Laboratory Automation4.2.2 Quality Movement Maturity4.2.3 Measurement Technology4.2.4 Economic Uncertainty4.2.5 Equipment Lifecycles4.2.6 Reliability/disposability4.2.7 Recalibrate Versus Replace4.3 The Changing Role of the Manufacturer4.3.1 The Position of Trust4.3.2 Customers Have an Equipment Management Need4.3.3 Effect on Repair Demand4.3.4 Manufacturer's Rethink Service and Support4.4 Services Packaging4.4.1 Services Packaging Today and Tomorrow4.4.2 Reduced Services Play a Role4.4.3 Basic Calibration Changes4.4.4 The Role of On Line Value Added Services4.4.5 Change in Demand for Accreditation4.4.6 Pricing for On Site to Change4.4.7 Contract Agreements to Change4.5 Technology Development4.5.1 Three Important Technology Developments4.5.2 Calibration Services Look to Installed Base4.5.3 Calibration Intervals Change4.5.4 Impact of Self Calibration5 Pricing and Business Development5.1 Calibration Service Pricing and Plans5.1.1 Variable Factors in a Calibration Service5.1.2 Fee Based Pricing5.1.3 Approaches to Pricing5.1.4 Pricing and Geography5.1.5 Surcharges5.1.6 Limited Calibration5.1.7 Volume Discounts5.1.8 Mobile Pricing5.1.9 Service Plans5.1.10 Asset Management5.1.11 Customer Commitment5.1.12 Personnel Rental5.2 Promotion5.2.1 Sales Promotion Practice5.2.2 A Calibration Services Marketing System5.2.3 Services Marketing Program Tools5.2.4 Company Website and Marketing Strategy5.3 Customer Service5.3.1 Customer Service Measurement5.3.2 Teamwork in Customer Service5.3.3 The Role of Leadership5.4 Merger and Acquisition5.4.1 Economies of Scale5.4.2 Caveats and Factors Unfavourable to Merger Activity5.5 Competition6 Industry Segmentation Analysis6.1 Aerospace/Defense6.2 Agriculture and Food Production6.3 Automotive6.4 Biomedical/Pharmaceutical6.5 Communication6.6 General Manufacturing6.7 High Technology6.8 Material Production6.9 Other7 Recent Market Activity7.1 Recent Developments - Importance and How to Use This Section7.1.1 Importance of These Developments7.1.2 How to Use This Section7.2 Transcat Acquires Martin Calibration's Seven Cal Labs7.3 MSI Viking Acquisition Further Expands Precision Metrology Capabilities7.4 Hexagon Acquires Geomagic Inspection Software7.5 Aldinger Company Acquires Servo Innovations, Expanding Calibration Services7.6 Aldinger Company Acquires J&J Calibrations7.7 NIST Brings Mass Measurement to the Masses7.8 Cal-Tec Labs Inc. Acquired by Medical Technology Associates7.9 ETI Precision Acquires Accuserve Inc.7.10 Transcat Extends Professional Services with SteriQual Acquisition7.11 Storm Aviation Gains Calibration Accreditation7.12 Scientific Laboratory Supplies Acquires C&M Scientific7.13 Elemental Machines Creating Lab Monitoring Solution7.14 Expands Calibration Footprint7.15 Survey Reveals Changes in Calibration Services Industry7.16 Trescal Launches Its Single Source Calibration Solution7.17 Adds New Capability7.18 Calibration Technology Ltd Expands Operations7.19 NMI acquires Young Calibration7.20 Summit Laboratory receives BAB certifications7.21 Kaye Earns Accreditation in China Lab7.22 Autel US Expands Calibration Coverage7.23 Vision Engineering's Cal Lab Attains ISO 17025:20177.24 NMI Metrology is Expanding Services7.25 Mitutoyo Introduces New Package7.26 Breathalyzer Calibration Investigated7.27 Endress+Hauser builds new Calibration Laboratory7.28 Keysight opens new calibration facility7.29 Trescal Announces 3 Aquisitions7.30 Newbow Aerospace Expands Calibration Laboratory7.31 Trescal Acquires Diamond Technical and Acteam7.32 Boonton and Noisecom Receive Accreditation7.33 Laboratory Testing Inc. Acquires TAC Technical7.34 Trescal Acquires Metriccontrol8 Key Players8.1 ABB8.2 Adlinger Co.8.3 Ametek8.4 Beamex8.5 Bruel & Kjaer (Spectris)8.6 Consumers Energy8.7 Emerson8.8 Endress & Hauser8.9 ESSCO Calibration Laboratory8.10 Fluke (Fortive)8.11 GE Kaye (Amphenol)8.12 Innocal (Cole Parmer)8.13 Instron8.14 Cross Precision Measurement8.15 Keysight Technologies8.16 Lockheed Martin8.17 Mettler-Toledo/Troemner8.18 Micro Precision Calibration8.19 Optical Test and Calibration8.20 Rhode & Schwarz8.21 SGS8.22 Siemens8.23 Simco8.24 Technical Maintenance Inc.8.25 Tektronix8.26 Teseq8.27 Tradinco Instruments8.28 Transcat8.29 Trescal9 The Global Market for Calibration Services9.1 Calibration - Global Market Overview by Country9.2 Calibration - Global Market Overview by Type9.3 Calibration - Global Market Overview by Industry10 Global Calibration Markets - By Type of Calibration10.1 Electrical Calibration10.2 Dimensional Calibration10.3 Mechanical Calibration10.4 Thermal Calibration10.5 Other Calibration11 Global Calibration Markets - By Industry11.1 Calibration Market Aerospace & Defence11.2 Calibration Market Agro & Biomedical11.3 Calibration Market Electronic & Communications11.4 Calibration Market Industry & Manufacturing11.5 Calibration Market Other Industry12 Market Sizes and Forecasts World Metropolitan Areas12.1 World Metropolitan Areas Datatable - Market Size Forecasts For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Globe and Mail
15-05-2025
- Business
- Globe and Mail
‘Let's Have That Industrial Revolution Type of Growth': Microsoft CEO Satya Nadella Wants 10% GDP Growth From AI
In a recent discussion posted on the company's YouTube channel, Microsoft (MSFT) CEO Satya Nadella emphasized the importance of gross domestic product (GDP) growth over speculative revenue expectations from artificial intelligence (AI) technology. Speaking about the future of Microsoft's AI-driven revenue, Nadella shifted the focus from Microsoft's financial gains to a broader perspective on economic growth. "The first thing we have to observe is GDP growth, right? Before I get to what Microsoft's revenue will look like," Nadella stated. His comments highlighted a cautious approach, suggesting that the broader economic impact of AI is a more important metric than simply counting corporate revenue. Nadella also took the opportunity to address the current hype around Artificial General Intelligence (AGI). "This is where we get ahead of ourselves with all of this AGI hype," he remarked, pointing to the unrealistic expectations that have become common in public discourse about AI. The Microsoft CEO further elaborated, "When we say, 'Oh, this is like the industrial revolution,' let's have that industrial revolution type of growth. That means to me 10%." By this, Nadella was referencing a 10% GDP growth rate as a realistic target for measuring AI's true economic impact. Don't Miss: Think it's too late to invest in the booming AI sector? This one's still under the radar Apple Just Entered This $160 Billion Industry—This Pre-IPO Tech Play Could Soar Microsoft has been a leader in the AI space, making strategic investments in OpenAI, the organization behind the widely recognized GPT-4o and GPT-o3 models. Through these investments, Microsoft has integrated advanced AI capabilities into its Azure cloud platform, Office suite, and search engine, Bing. Microsoft's stock has surged in recent years as the company aggressively positioned itself at the forefront of the AI revolution, with many analysts attributing its growth to the promise of AI-driven revenue. However, despite the market enthusiasm, Nadella's recent comments suggest a more grounded outlook. A Broader Perspective on AI's Economic Impact Nadella's focus on GDP growth over direct revenue aligns with growing concerns about the actual economic value that AI can generate. While AI has been hailed as transformative, questions have emerged around its impact on productivity and global economic growth. Nadella's suggestion of targeting 10% GDP growth reflects his view that AI's success should be measured in terms of its real-world economic benefits rather than short-term corporate gains. Microsoft stock was little changed on Nadella's remarks. Analysts noted that while Nadella's focus on broader economic impact might temper short-term excitement, it positions Microsoft as a responsible leader in the AI space. Nadella's comments reflect a balanced perspective on AI's potential. Rather than focusing solely on corporate revenue, he emphasized the need for AI to drive substantial, tangible economic growth. His views serve as a reminder that while technology can be transformative, its true value lies in its ability to contribute to broader economic prosperity.
Forbes
07-05-2025
- Business
- Forbes
Long Before AGI: Three AI Milestones That Will Challenge You
SUQIAN, CHINA - MARCH 4, 2024 - Illustration Musk says GPT4 is AGI, Suqian, Jiangsu province, China, ... More March 4, 2024. (Photo credit should read CFOTO/Future Publishing via Getty Images) Future Publishing via Getty Images The increasing talk of Artificial General Intelligence (AGI) has led many to ponder what will occur when AI surpasses human intelligence. Whether this moment is near or far depends on who you ask, but I would argue it is not the most relevant milestone we should be aware of. What are the important earlier AI milestones that will affect every human being, and which ones have already been reached? Here are three that I would argue are already upon us. AI Surpasses Human Weakness In the 2022 movie 'The Social Dilemma', Tristan Harris of The Center for Humane Technology pointed out that AI has already surpassed human weakness. What does this mean? It means that AI can already apply patterns of human psychology and human behavior to generate cues that trigger desired outcomes. Does this mean that AI understands psychology? No. It simply means that enough data exists on human behavior, concerning responses to cues, that AI programs can generate inputs that are probabilistically likely to cause humans to react in desired ways. This aspect of AI is already well in place in everything from online marketing to social media. AI Changes The Job Market AI is expected to have a fundamental impact on the workforce. This impact is already underway, with companies reporting intentions to restrict their human workforce and drive AI leverage for productivity, to new jobs emerging as a result of new AI-driven industries or AI adoption by existing industries. While the potential workforce impact of AGI is likely greater, it is worth noting that most jobs require specialized skills and knowledge. AIs that are capable of mimicking these skills, and regurgitating this knowledge in useful forms - such as emails, written reports and answers to questions, can easily reduce the number of required humans for a task, long before AGI comes to effect. AI Changes Human Education In my opinion, this is by far the most impactful of pre-AGI AI changes. AI has already exceeded many human students in standard tests, ranging from high school Advanced Placement exams to the US Medical Licensing Exam. These data points suggest that what humans need to learn in the age of AI, or at the very least how we assess human intelligence, needs to be revisited. To further complicate this situation, AI tutors are emerging, with a school of thought that AI may be a suitable or even preferred teacher for certain human learners. This development should cause us to seriously consider the value of human engagement in human learning, and articulate it much more crisply than we have been required to do before. Otherwise, there is a risk that learners will be stratified, with the most fortunate receiving both AI and human guidance, and the less resourced having to rely on AI guidance alone. Back To The Singularity - What about AGI? Given the magniture of the impacts already occuring with AI, what can we expect AGI to do? My personal view is that theGeneral in AGI implies that AIs that are closer to AGI will have a greater ability to bridge domains, and bridge modalities (such as voice, video, etc.). As such AGI can be expected to complete with humans on much more complex tasks than AI does today. Looking at the above three challenges, one can imagine that AGI will exacerbate them all from a human perspective, creating new technologies that can exploit human weakness, new job roles that AI can fill, and greater difficulties in crisply identifying the role of humans in human education. What Should You Do? I see AGI as a process and not a binary event. As the above examples show, there will be intermediate events with significant impact. Since AGI has no universally agreed-upon definition, we may also never agree on whether it was been reached. As such, the best way, in my view, to prepare for AGI is to understand the challenges and opportunities that AI already presents, and 'surf the wave', adapting to new developments as they occur. This requires building AI skills as they are relevant to your professional role, staying aware of new AI developments in your domain, and adapting your skills as AI evolves.
