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Probably
There's no 'probably' about it, but if you're in any doubt you can get a cheap digital one and calibrate it to Mitutoyo standard and still be quids in compared with buying the most basic Mitutoyo vernier caliper. I've told plenty of people that they can't afford nice bike parts if they can't also afford nice tools with which to install and maintain them, and I'll be dropping big hints in the run up to Christmas about the Mitutoyo micrometer I want to add to my tool box, but I also think it doesn't do to be too snobbish when the facts don't support it. For normal cyclists who need to identify bike parts by measuring (e.g. seat posts, bearing balls and cartridges, BB threads, handlebar diameter) there are a limited number of right answers, and being able to have a fair degree of confidence that you can measure to within ±0.1mm is sufficient.
Probably but I'd rather have a cheap manual set personally. Or even a good manual set. My manual mitutoyo's are so much better than the dreadful ParkTool ones and cost less (although second hand on ebay).
Although admittedly they both do the job. But then a £250 Halfords bike 'does the job' but we don't buy them.