Panel Meters are instruments that display a signal's analog or digital value, depending on the product's specifications. Digital panel meters offer higher accuracy, better visibility, and easier to read. Analog panel meters are are preferable where readings tend to fluctuate or oscillate, and where extended monitoring is required to indicate trends or rates of change. Modern panel meters have advanced capabilities such as alarms, transferring data via different mediums, etc. They are an essential component in monitoring and/or controlling equipment.