Press release
Digital Caliper Market Breakdown Data by Manufacturers, Key Regions, Types and Application
A caliper is a small metrology instrument used to measure small distances between two points of an object with great precision. Digital calipers display the result on an LCD screen placed at the front end of the device. They have an accuracy of 0.001 inches and a resolution of 0.0005 inches. A typical digital caliper is made of stainless steel and contains a plastic casing for the LCD display. The power source for these devices is usually lithium-ion (Li-ion) batteries, which can power these devices for up to 450 days depending on usage.
The high accuracy of digital calipers, compared to vernier and dial calipers, is one of the primary drivers contributing to the growth of the market. The use of digital calipers eliminate the chances of human errors by allowing the user to record the displayed value, which in turn provides improved reliability of measurements. Therefore, the advantages of higher accuracy and faster measurement time have led to an increased adoption of digital calipers in several industries.
Companies such as Hexagon AB and Mitutoyo holds the majority of the market share and dominate the global digital caliper market with their global presence and a wide range of products. However, the high cost of their product offerings has led to the emergence of several domestic players, especially in China. These domestic vendors offer inexpensive products with relatively less reliability, durability, and energy efficiency, thus increasing the competition in the market.
The global Digital Caliper market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Digital Caliper in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Fowler
Hexagon Metrology
Mitutoyo
Starrett
S-T Industries
AccuRemote
CAPRI Tools
Central Tools
Draper Tools
ezMachine Tools
Flexbar
Hornady
iGaging
Mahr
and Moore
Wright
By the product type, the market is primarily split into
0-200mm
0-300mm
0-400mm
0-500mm
0-600mm
0-800mm
0-1000mm
0-2000mm
By the end users/application, this report covers the following segments
Engineering
Research laboratories
Manufacturing
Academia
Click to view the full report TOC, figure and tables: https://www.qyresearch.com/index/detail/592638/global-digital-caliper-market
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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