Boston, MA -- (SBWIRE) -- 02/05/2016 -- 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.

Technavio's analysts forecast the global digital caliper market to grow at a CAGR of 7.65% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global digital caliper market for 2016-2020. The report presents a detailed study of end-user segmentation and geographical segmentation (the Americas, EMEA, and APAC), as well as the future growth patterns of the market. The overall market size was determined by estimating revenue from the sales of digital calipers worldwide.

Get More Details on this Report and a Full Table of Contents at Global Digital Caliper Market 2015-2020

Technavio's report, Global Digital Caliper Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Fowler
-Hexagon Metrology
-Mitutoyo
-Starrett
-S-T Industries

Other prominent vendors

-AccuRemote
-CAPRI Tools
-Central Tools
-Draper Tools
-ezMachine Tools
-Flexbar
-Hornady
-iGaging
-Mahr
-Moore and Wright

Market driver

-Ease of use
-For a full, detailed list, view our report

Market challenge

-Energy source requirement
-For a full, detailed list, view our report

Market trend

-Storage capability
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned 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, Wright

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