The global digital readouts (DROs) market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The DRO market is driven by the increasing demand for automation in manufacturing industries and rising adoption of DROs in various applications such as manual lathe, mill, boring machine and grinding machine. The major players operating in this market are Siemens AG (Germany), Fanuc Corporation (Japan), Mitsubishi Electric Corporation (Japan), Omron Corporation (Japan) and Heidenhain GmbH & Co. KG (Germany).
Some Of The Growth Factors Of This Market:
- The increasing demand for digital readouts in the manufacturing industry is a major factor driving the growth of this market.
- The increasing use of digital readouts in various industries such as automotive, aerospace, and medical is also a major factor driving the growth of this market.
- The growing need for accurate measurements and data analysis is another factor that will drive the growth of this market over the forecast period.
- Increasing investments by key players in research and development activities to develop new products with advanced features will also fuel the growth of this market over the forecast period.
- Increasing adoption rates by small-scale manufacturers due to their low cost will also fuel the growth of this market over the forecast period.
Industry Growth Insights published a new data on “Digital Readouts (DROs) Market”. The research report is titled “Digital Readouts (DROs) Market research by Types (2-Axis, 3-Axis, 4-Axis), By Applications (Manual lathe, Mill, Boring, Grinding machine), By Players/Companies Heidenhain, Igaging, Newall, Berlin Machine, Innovative Geo-technical Instrumentation, Lakshmi Electro Controls & Automation, Star Automations, Metrologik Instrument, Lakshmi Electro Controls & Automation, Prideinstrument, Fagor Automation, Metronics, Encoders India, Sargon Industries, EMS, Acu-Rite”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Readouts (DROs) Market Research Report
By Type
2-Axis, 3-Axis, 4-Axis
By Application
Manual lathe, Mill, Boring, Grinding machine
By Companies
Heidenhain, Igaging, Newall, Berlin Machine, Innovative Geo-technical Instrumentation, Lakshmi Electro Controls & Automation, Star Automations, Metrologik Instrument, Lakshmi Electro Controls & Automation, Prideinstrument, Fagor Automation, Metronics, Encoders India, Sargon Industries, EMS, Acu-Rite
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Digital Readouts (DROs) Market Report Segments:
The global Digital Readouts (DROs) market is segmented on the basis of:
Types
2-Axis, 3-Axis, 4-Axis
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Manual lathe, Mill, Boring, Grinding machine
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Heidenhain
- Igaging
- Newall
- Berlin Machine
- Innovative Geo-technical Instrumentation
- Lakshmi Electro Controls & Automation
- Star Automations
- Metrologik Instrument
- Lakshmi Electro Controls & Automation
- Prideinstrument
- Fagor Automation
- Metronics
- Encoders India
- Sargon Industries
- EMS
- Acu-Rite
Highlights of The Digital Readouts (DROs) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 2-Axis
- 3-Axis
- 4-Axis
- By Application:
- Manual lathe
- Mill
- Boring
- Grinding machine
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Readouts (DROs) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Digital readouts (DROs) are a type of electronic display that provides real-time information about the status of an industrial process or system. DROs typically include a series of LED lights that indicate the current state of an industrial process or system, such as flow rate, temperature, pressure, and so on.
Some of the major companies in the digital readouts (dros) market are Heidenhain, Igaging, Newall, Berlin Machine, Innovative Geo-technical Instrumentation, Lakshmi Electro Controls & Automation, Star Automations, Metrologik Instrument, Lakshmi Electro Controls & Automation, Prideinstrument, Fagor Automation, Metronics, Encoders India, Sargon Industries, EMS, Acu-Rite.
The digital readouts (dros) market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Digital Readouts (DROs) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Digital Readouts (DROs) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Digital Readouts (DROs) Market - Supply Chain
4.5. Global Digital Readouts (DROs) Market Forecast
4.5.1. Digital Readouts (DROs) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Digital Readouts (DROs) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Digital Readouts (DROs) Market Absolute $ Opportunity
5. Global Digital Readouts (DROs) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Digital Readouts (DROs) Market Size and Volume Forecast by Type
5.3.1. 2-Axis
5.3.2. 3-Axis
5.3.3. 4-Axis
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Digital Readouts (DROs) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Digital Readouts (DROs) Market Size and Volume Forecast by Application
6.3.1. Manual lathe
6.3.2. Mill
6.3.3. Boring
6.3.4. Grinding machine
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Digital Readouts (DROs) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Digital Readouts (DROs) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Digital Readouts (DROs) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Digital Readouts (DROs) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Digital Readouts (DROs) Demand Share Forecast, 2019-2026
9. North America Digital Readouts (DROs) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Digital Readouts (DROs) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Digital Readouts (DROs) Market Size and Volume Forecast by Application
9.4.1. Manual lathe
9.4.2. Mill
9.4.3. Boring
9.4.4. Grinding machine
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Digital Readouts (DROs) Market Size and Volume Forecast by Type
9.7.1. 2-Axis
9.7.2. 3-Axis
9.7.3. 4-Axis
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Digital Readouts (DROs) Demand Share Forecast, 2019-2026
10. Latin America Digital Readouts (DROs) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Digital Readouts (DROs) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Digital Readouts (DROs) Market Size and Volume Forecast by Application
10.4.1. Manual lathe
10.4.2. Mill
10.4.3. Boring
10.4.4. Grinding machine
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Digital Readouts (DROs) Market Size and Volume Forecast by Type
10.7.1. 2-Axis
10.7.2. 3-Axis
10.7.3. 4-Axis
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Digital Readouts (DROs) Demand Share Forecast, 2019-2026
11. Europe Digital Readouts (DROs) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Digital Readouts (DROs) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Digital Readouts (DROs) Market Size and Volume Forecast by Application
11.4.1. Manual lathe
11.4.2. Mill
11.4.3. Boring
11.4.4. Grinding machine
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Digital Readouts (DROs) Market Size and Volume Forecast by Type
11.7.1. 2-Axis
11.7.2. 3-Axis
11.7.3. 4-Axis
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Digital Readouts (DROs) Demand Share, 2019-2026
12. Asia Pacific Digital Readouts (DROs) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Digital Readouts (DROs) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Digital Readouts (DROs) Market Size and Volume Forecast by Application
12.4.1. Manual lathe
12.4.2. Mill
12.4.3. Boring
12.4.4. Grinding machine
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Digital Readouts (DROs) Market Size and Volume Forecast by Type
12.7.1. 2-Axis
12.7.2. 3-Axis
12.7.3. 4-Axis
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Digital Readouts (DROs) Demand Share, 2019-2026
13. Middle East & Africa Digital Readouts (DROs) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Digital Readouts (DROs) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Digital Readouts (DROs) Market Size and Volume Forecast by Application
13.4.1. Manual lathe
13.4.2. Mill
13.4.3. Boring
13.4.4. Grinding machine
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Digital Readouts (DROs) Market Size and Volume Forecast by Type
13.7.1. 2-Axis
13.7.2. 3-Axis
13.7.3. 4-Axis
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Digital Readouts (DROs) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Digital Readouts (DROs) Market: Market Share Analysis
14.2. Digital Readouts (DROs) Distributors and Customers
14.3. Digital Readouts (DROs) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Heidenhain
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Igaging
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Newall
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Berlin Machine
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Innovative Geo-technical Instrumentation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lakshmi Electro Controls & Automation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Star Automations
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Metrologik Instrument
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Lakshmi Electro Controls & Automation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Prideinstrument
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Fagor Automation
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Metronics
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Encoders India
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Sargon Industries
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. EMS
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Acu-Rite
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook