Global Digital Caliper Market Growth 2024-2030

Global Digital Caliper Market Growth 2024-2030

A caliper with digital display is a precision instrument that can be used to measure internal and external distances extremely accurately. The numbers are read from a LCD display.

The global Digital Caliper market size is projected to grow from US$ 155.2 million in 2023 to US$ 203.4 million in 2030; it is expected to grow at a CAGR of 3.9% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Digital Caliper Industry Forecast” looks at past sales and reviews total world Digital Caliper sales in 2023, providing a comprehensive analysis by region and market sector of projected Digital Caliper sales for 2024 through 2030. With Digital Caliper sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Digital Caliper industry.

This Insight Report provides a comprehensive analysis of the global Digital Caliper landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Digital Caliper portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Digital Caliper market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Digital Caliper and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Digital Caliper.

This market has witnessed significant growth owing to increased usage in automotive industry, general manufacturing and scientific & research industry. Increased investment in caliper with digital display by leading players is expected to favourably impact market growth over the forecast period.

The Asia Pacific is expected to be the fastest-growing market over the forecast period owing to extensive usage in China and India, the major two countries of manufacturing industry worldwide. Developing Countries such as India, Vietnam and Indonesia have great potential due to the low labour cost. Although average selling prices are lower in the Asia Pacific, high demand is expected to result in sizable market revenue over the next six years. For the caliper with digital display industry, the market is less concentrated. Mitutoyo, Guilin Guanglu and Tesa are the leader companies globally. The top 5 manufacturers have market share of 48% in 2019.

This report presents a comprehensive overview, market shares, and growth opportunities of Digital Caliper market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
0-150mm Caliper
0-300mm Caliper
Above 300mm Caliper

Segmentation by application
Automotive
General Manufacturing
Scientific & Research
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Mitutoyo
Guilin Guanglu
Tesa
MAHR
Stanley Black and Decker
Starrett
Jingjiang Measuring Tools
Sylvac
Baker Gauges
Guilin Measuring & Cutting Tool
HELIOS-PREISSER
Fowler
Adolf Würth
FERVI
Tema Electronics
MICROTECH
Tajima
S-T Industries

Key Questions Addressed in this Report

What is the 10-year outlook for the global Digital Caliper market?

What factors are driving Digital Caliper market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Digital Caliper market opportunities vary by end market size?

How does Digital Caliper break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.