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Digital Caliper Market Will Touch a New Level in Upcoming Year | Fowler, Hexagon Metrology, Mitutoyo, Starrett, S-T Industries

08-20-2018 11:39 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Digital Caliper Market

Digital Caliper Market Will Touch a New Level in Upcoming Year |

Qyresearchreports include new market research report “Global Digital Caliper Market Professional Survey Report 2018” to its huge collection of research reports.

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.

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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 is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.

The major manufacturers covered in this report
Fowler
Hexagon Metrology
Mitutoyo
Starrett
S-T Industries
AccuRemote
CAPRI Tools
Central Tools
Draper Tools
ezMachine Tools
Flexbar
Hornady
iGaging
Mahr
and Moore

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
0-200mm
0-300mm
0-400mm
0-500mm
0-600mm
0-800mm
0-1000mm
0-2000mm

By Application, the market can be split into
Engineering
Research laboratories
Manufacturing
Academia

The study objectives of this report are:

To analyze and study the global Digital Caliper capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Digital Caliper manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.

Read Comprehensive Overview of Report @ https://www.qyresearchreports.com/report/global-digital-caliper-market-professional-survey-report-2018.htm

Key Stakeholders
Digital Caliper Manufacturers
Digital Caliper Distributors/Traders/Wholesalers
Digital Caliper Subcomponent Manufacturers
Industry Association
Downstream Vendors

QYResearchReports.com delivers the latest strategic market intelligence to build a successful business footprint in China. Our syndicated and customized research reports provide companies with vital background information of the market and in-depth analysis on the Chinese trade and investment framework, which directly affects their business operations. Reports from QYResearchReports.com feature valuable recommendations on how to navigate in the extremely unpredictable yet highly attractive Chinese market.

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