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   DUBLIN--(Business Wire)--  Research and Markets  (
  http://www.researchandmarkets.com/research/kw3n9s/global_caliper
 ) has announcedthe addition of the "Global Caliper and Micrometer Market 2011-2015" report totheir offering. TechNavio's analysts forecast the Global Caliper and Micrometer market to growat a CAGR of 9.79 percent over the period 2011-2015. One of the key factorscontributing to this market growth is the increasing need for high reliability.The Global Caliper and Micrometer market has also been witnessing the increasedadoption of digital-based devices. However the increasing competition amongmarket vendors could pose a challenge to the growth of this market. This report has been prepared based on an in-depth market analysis with inputsfrom industry experts. The report covers the Americas, and the EMEA and APACregions; it also covers the Global Caliper and Micrometer market landscape andits growth prospects in the coming years. The report also includes a discussionof the key vendors operating in this market.  The key vendors dominating this market space are:  Mitutoyo Corp., Hexagon AB, and The L.S. Starrett Co.  The other vendors mentioned in the report are:  S-T Industries Inc., Testing Machines Inc., Nikon Metrology Inc. and OWIS GmbH. Key questions answered in this report:- What will the market size be in 2015 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 analyst time when you purchase this report.Details provided within the report.  Executive Summary:  Commenting on the report, an analyst said: "It has been observed that theadoption of digital calipers is increasing across several industries. Thesecalipers are easier to read, thus helping avoid human errors caused by pooreyesight. These devices also facilitate faster measurement as they provide therequired dimensions quickly and accurately on their digital screens. Also, thereare very few or no moving parts in digital calipers, which enhances theirdurability as dust particles have no moving parts to settle into. Moreover,digital calipers provide increased flexibility and convenience to end-users,thus enhancing the overall user experience." According to the report, the declining costs of calipers and micrometersconstitute one of the major drivers in the Global Caliper and Micrometer market.These tools are used across various industries to take accurate measurements ofdistance, diameter, and several other parameters in the fields of mechanicalengineering, machining, metal working, wood working, medicine, and other fields.Therefore, the declining costs of calipers and micrometers attract severalend-user segments such as the Automobile industry and the Aerospace and Defenseindustry increasingly adopting these tools. Furthermore, there is increasedadoption of these devices by small and medium-scale enterprises (SMEs) becauseof their affordability. Thus, the diminishing costs of calipers and micrometerswork as a major driver for the growth of this market. Further, the report reveals that one of the major challenges confronting thismarket is the increasing competition among its vendors. The study was conducted using an objective combination of primary and secondaryinformation including inputs from key participants in the industry. The reportcontains a comprehensive market and vendor landscape in addition to a SWOTanalysis of the key vendors.  For more information visit  
  http://www.researchandmarkets.com/research/kw3n9s/global_caliper.
   Research and MarketsLaura Wood, Senior Managerpress@researchandmarkets.comU.S. Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716Sector: EngineeringCopyright Business Wire 2013