Transparency Market Research

Digital Caliper Market: Overview of Key Market Forces Propelling and Restraining Market Growth

 

Albany, NY -- (SBWIRE) -- 11/15/2018 -- Digital calipers are the latest in caliper technology and are considered as an evolution of Vernier calipers. Digital calipers are generally used to measure objects which cannot be measured with a ruler. They are made of stainless steel and contain plastic case for display. Digital calipers are measuring instruments which take differential measurements, and are commonly used for inspection in the manufacturing industry to provide precise measurements of an object. Measurement on digital calipers can be taken in both metric and imperial units, and readings can be switched between millimeters, centimeters, and inches. The reading and measurement is generated electronically and displayed on a digital and high resolution screen as a single value. Calipers are used in various fields, such as, mechanical engineering, inspection, engineering design, metalworking, science, and manufacturing, among others.

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Key driver boosting the popularity of digital calipers is their higher accuracy as compared to that of dial and Vernier calipers. Owing to rapid industrialization and popularity of digital calipers, manufacturers are adopting new technologies to enhance product quality with features, such as, solar powered digital calipers, to eliminate the need of battery and provide waterproof feature. The waterproof feature of digital calipers enables taking of measurements in water-based and misty environment without compromising the function of calipers.

The use of digital calipers across industries reduces the chances of human errors by allowing them to record displayed values and providing improved reliability of measurements; thereby boosting the adoption of digital calipers in a number of industries. However, digital calipers are expensive than dial calipers, which is likely to hamper the market growth of the former. Nevertheless, technological advancement and reduction of size of integrated circuits are creating opportunities and projected to contribute to the growth of global digital caliper market.

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The global digital caliper market can be segmented based on material, application, distribution channel, and region. In terms of material, the digital caliper market can be categorized into aluminum and stainless steel. Based on application, the digital caliper market can be divided into engineering, research laboratories, manufacturing, and academia. The engineering segment is anticipated to dominate the digital caliper market during the forecast period, followed by manufacturing and research laboratories. Mechanical engineering is a major segment of engineering that makes use of digital calipers. In terms of distribution channel, the digital caliper market can be classified into online retailers and offline retailers.