Increasing Importance of Product Quality to Fuel Demand for Calibration Services in North America

Increasing Importance of Product Quality to Fuel Demand for Calibration Services in North America PR Newswire MOUNTAIN VIEW, California, Aug. 22, 2012 - Stricter compliance environment and fierce competition across industries drive calibration services revenue to $1.374 billion in 2018 MOUNTAIN VIEW, California, Aug. 22, 2012 /PRNewswire/ -- The future looks bright for calibration services in North America, as harsher rules and regulations paired with increased rivalry across industries are driving the focus on product quality and productivity. However, the following components are critical for market participants to alleviate the impact of price pressure and the uncertainty in the economy on their business: tapping into the in-house laboratories segment, capturing the demand for greater and global capabilities, as well as focusing on growing end-user industries. Click here to view the North American Calibration Services Market video and gain access to the online community- http://bit.ly/QXztLV. New analysis from Frost & Sullivan (http://www.testandmeasurement.frost.com) finds that the North American calibration services market earned revenues of $948.2 million in 2011 and estimates this to reach $1.374 billion in 2018. If you are interested in more information on this research, please send an email to Jeannette Garcia, Corporate Communications, at jeannette.garcia@frost.