Market Overview:
The Global Digital Panel Indicators Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for digital panel indicators in various industrial applications such as binding, mixing machines, semiconductor manufacture and moulding. Moreover, the market growth is also propelled by the increasing demand for voltage/current input type digital panel indicators and load cell input type digital panel indicators. However, factors such as high installation and maintenance cost may restrain the market growth during the forecast period.
Product Definition:
A digital panel indicator is a device that displays numerical information in a graphical form on an electronic screen. These devices are used in a variety of settings, including factories, hospitals, and other industrial or commercial facilities. The purpose of digital panel indicators is to provide operators with concise and accurate information about the status of a process or machine.
Voltage / Current Input:
Voltage/Current input is a technology used in digital panel indicators to measure voltage and current simultaneously. It helps the user to get information regarding the load on the main electricity supply by monitoring power usage of various electronic devices connected to it. The indicator displays all this information in graphical form which makes it easier for users to understand and analyze.
Load Cell Input:
The load cell input is used to measure the weight of an object. It is a digital panel indicator that displays the weight of an object on its screen and can be used in commercial as well as residential sectors. The load cells are made up of silicon wafers and are installed across various surfaces, which makes them face towards different directions.
Application Insights:
Binding is the major application segment and accounted for over 40% of the global market share in 2017. The binding process uses digital panel indicators to measure force, angle, and volume for various applications such as metal cutting machines, plastic injection machines, paper cutting machines among others.
The semiconductor manufacture¢â‚¬â„¢s use of digital panel indicators to measure temperature among other processes such as melting & quenching is one of the significant factors driving the demand globally. The molding industry also uses these devices due to their ability to monitor pressure and temperature along with other vital process information which helps improve overall efficiency across numerous industries worldwide.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing region over the forecast period. The growth can be attributed to increasing investments in industrial automation and rising demand for digital panel indicators from China, India, Japan, South Korea and Taiwan. Moreover, growing awareness regarding energy conservation is anticipated to drive product demand in this region.
The European market accounted for a significant share of global revenue owing to early adoption of technologies across various industries such as manufacturing & process industries; oil & gas industry; power generation sector etc. Furthermore, high standard of living coupled with consumer preference towards quality products has led Europe market into dominance over other regions since 2016 till date.
However North America may witness sluggish growth due to end-use industry saturation along with lack of new investment opportunities in mature markets such as U S A.
Growth Factors:
- Increasing demand from the automotive industry for digital panel indicators for various applications such as speedometers, tachometers, fuel gauges, and odometers.
- Growing demand from the medical sector for digital panel indicators for various applications such as patient monitors and vital sign monitors.
- Increasing demand from the industrial sector for digital panel indicators for various applications such as process control systems and machine automation systems.
- Rising popularity of smart homes and Internet of Things (IoT) which is expected to drive the growth of the global Digital Panel Indicators market in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Panel Indicators Market Research Report
By Type
Voltage / Current Input, Load Cell Input, Pulse Input, Temperature Input
By Application
Binding, Mixing Machines, Semiconductor Manufacture, Moulding
By Companies
Omron, Fuji Electric, Honeywell, Dwyer Instruments, NOVUS, Penny & Giles, KROHNE, M-System, Proton Power Control, SENECA
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Digital Panel Indicators Market Report Segments:
The global Digital Panel Indicators market is segmented on the basis of:
Types
Voltage / Current Input, Load Cell Input, Pulse Input, Temperature Input
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
Binding, Mixing Machines, Semiconductor Manufacture, Moulding
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:
- Omron
- Fuji Electric
- Honeywell
- Dwyer Instruments
- NOVUS
- Penny & Giles
- KROHNE
- M-System
- Proton Power Control
- SENECA
Highlights of The Digital Panel Indicators 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:
- Voltage / Current Input
- Load Cell Input
- Pulse Input
- Temperature Input
- By Application:
- Binding
- Mixing Machines
- Semiconductor Manufacture
- Moulding
- 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 Panel Indicators 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 Panel Indicators (DPIs) are a type of technical indicator that uses data from a panel of stocks to measure the performance of the overall market.
Some of the key players operating in the digital panel indicators market are Omron, Fuji Electric, Honeywell, Dwyer Instruments, NOVUS, Penny & Giles, KROHNE, M-System, Proton Power Control, SENECA.
The digital panel indicators market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Digital Panel Indicators 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 Panel Indicators Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Digital Panel Indicators Market - Supply Chain
4.5. Global Digital Panel Indicators Market Forecast
4.5.1. Digital Panel Indicators Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Digital Panel Indicators Market Size (000 Units) and Y-o-Y Growth
4.5.3. Digital Panel Indicators Market Absolute $ Opportunity
5. Global Digital Panel Indicators 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 Panel Indicators Market Size and Volume Forecast by Type
5.3.1. Voltage / Current Input
5.3.2. Load Cell Input
5.3.3. Pulse Input
5.3.4. Temperature Input
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Digital Panel Indicators 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 Panel Indicators Market Size and Volume Forecast by Application
6.3.1. Binding
6.3.2. Mixing Machines
6.3.3. Semiconductor Manufacture
6.3.4. Moulding
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Digital Panel Indicators 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 Panel Indicators 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 Panel Indicators 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 Panel Indicators 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 Panel Indicators Demand Share Forecast, 2019-2029
9. North America Digital Panel Indicators 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 Panel Indicators 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 Panel Indicators Market Size and Volume Forecast by Application
9.4.1. Binding
9.4.2. Mixing Machines
9.4.3. Semiconductor Manufacture
9.4.4. Moulding
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Digital Panel Indicators Market Size and Volume Forecast by Type
9.7.1. Voltage / Current Input
9.7.2. Load Cell Input
9.7.3. Pulse Input
9.7.4. Temperature Input
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 Panel Indicators Demand Share Forecast, 2019-2029
10. Latin America Digital Panel Indicators 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 Panel Indicators 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 Panel Indicators Market Size and Volume Forecast by Application
10.4.1. Binding
10.4.2. Mixing Machines
10.4.3. Semiconductor Manufacture
10.4.4. Moulding
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Digital Panel Indicators Market Size and Volume Forecast by Type
10.7.1. Voltage / Current Input
10.7.2. Load Cell Input
10.7.3. Pulse Input
10.7.4. Temperature Input
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 Panel Indicators Demand Share Forecast, 2019-2029
11. Europe Digital Panel Indicators 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 Panel Indicators 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 Panel Indicators Market Size and Volume Forecast by Application
11.4.1. Binding
11.4.2. Mixing Machines
11.4.3. Semiconductor Manufacture
11.4.4. Moulding
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Digital Panel Indicators Market Size and Volume Forecast by Type
11.7.1. Voltage / Current Input
11.7.2. Load Cell Input
11.7.3. Pulse Input
11.7.4. Temperature Input
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 Panel Indicators Demand Share, 2019-2029
12. Asia Pacific Digital Panel Indicators 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 Panel Indicators 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 Panel Indicators Market Size and Volume Forecast by Application
12.4.1. Binding
12.4.2. Mixing Machines
12.4.3. Semiconductor Manufacture
12.4.4. Moulding
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Digital Panel Indicators Market Size and Volume Forecast by Type
12.7.1. Voltage / Current Input
12.7.2. Load Cell Input
12.7.3. Pulse Input
12.7.4. Temperature Input
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 Panel Indicators Demand Share, 2019-2029
13. Middle East & Africa Digital Panel Indicators 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 Panel Indicators 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 Panel Indicators Market Size and Volume Forecast by Application
13.4.1. Binding
13.4.2. Mixing Machines
13.4.3. Semiconductor Manufacture
13.4.4. Moulding
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Digital Panel Indicators Market Size and Volume Forecast by Type
13.7.1. Voltage / Current Input
13.7.2. Load Cell Input
13.7.3. Pulse Input
13.7.4. Temperature Input
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 Panel Indicators Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Digital Panel Indicators Market: Market Share Analysis
14.2. Digital Panel Indicators Distributors and Customers
14.3. Digital Panel Indicators Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Omron
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fuji Electric
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Honeywell
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dwyer Instruments
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NOVUS
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Penny & Giles
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. KROHNE
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. M-System
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Proton Power Control
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SENECA
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
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
