The Global Digital Caliper Market is expected to grow with a CAGR of 5.6% from 2024 to 2030


Posted October 20, 2023 by Lucintel

According to a market report by Lucintel, the future of the global digital caliper market looks promising with opportunities in the manufacturing, aerospace, automotive, electronic, and healthcare sectors

 
According to a market report by Lucintel, the future of the global digital caliper market looks promising with opportunities in the manufacturing, aerospace, automotive, electronic, and healthcare sectors. The global digital caliper market is expected to reach an estimated $0.3 billion by 2030 with a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are augmenting demand for accurate and precise measurements in industries and rising use of complex designs in various product categories.

In this market, digital calipers with LCD display, digital calipers with LED display, and digital calipers with OLED display are the major segments of digital caliper market by type.
Lucintel forecasts that digital calipers with LCD display is expected to witness highest growth over the forecast period.
Within this market, manufacturing will remain the largest segment due to the high demand for precise measuring tools in manufacturing processes.

APAC is expected to witness highest growth over the forecast period due to continual expansion of industries and presence of key players in the region.

Starrett, Mitutoyo, Hexagon Metrology, Draper Tools, Flexbar, Hornady, and iGaging are the major suppliers in the digital caliper market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
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Issued By Lucintel
Country United States
Categories Business
Tags digital caliper market
Last Updated October 20, 2023