Global Digital Panel Meter Market Growth 2023-2029

Global Digital Panel Meter Market Growth 2023-2029

Digital Panel Meter is an instrument that displays an input signal in digital form. Many digital panel meters also include alarm options as well as the ability to connect and transfer data to a computer. Digital panel meters are usually available with an Ethernet option which allows the digital panel meter reading to be accessed across a local area network (LAN) or even through the internet.
LPI (LP Information)' newest research report, the “Digital Panel Meter Industry Forecast” looks at past sales and reviews total world Digital Panel Meter sales in 2022, providing a comprehensive analysis by region and market sector of projected Digital Panel Meter sales for 2023 through 2029. With Digital Panel Meter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Digital Panel Meter industry.
This Insight Report provides a comprehensive analysis of the global Digital Panel Meter 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 Panel Meter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Digital Panel Meter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Digital Panel Meter 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 Panel Meter.
The global Digital Panel Meter market size is projected to grow from US$ 167.3 million in 2022 to US$ 223.9 million in 2029; it is expected to grow at a CAGR of 223.9 from 2023 to 2029.
Global Digital Panel Meter key players include Murata Power Solutions, Red Lion Controls, OMRON, InnoVista Sensors, Siemens, etc. Global top five manufacturers hold a share about 45%. North America is the largest market, with a share about 40%, followed by Europe, with a share about 30 percent. In terms of product, Temperature and Process Panel Meters is the largest segment, with a share about 65%. And in terms of application, the largest application is Display Voltage, followed by Display Current, Displays Temperature, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Digital Panel Meter market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Temperature and Process Panel Meters
Totalizers
Multi-Input Indicators and Scanners
Segmentation by application
Display Current
Display Voltage
Displays Temperature
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.
Murata Power Solutions
Red Lion Controls
OMRON
InnoVista Sensors
Siemens
Danaher
Zhejiang CHINT
Lascar Electronics
Carlo Gavazzi
Phoenix Contact
PR Electronics
Precision Digital
Taik Electric
Yokogawa Meters & Instruments
Trumeter
Autonics
Jewell Instruments
Laurel Electronics
Key Questions Addressed in this Report
What is the 10-year outlook for the global Digital Panel Meter market?
What factors are driving Digital Panel Meter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Digital Panel Meter market opportunities vary by end market size?
How does Digital Panel Meter break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

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