Digital Multimeter Industry Research Report 2024

Digital Multimeter Industry Research Report 2024


A digital multimeter (DMM) is a test tool used to measure two or more electrical values—principally voltage (volts), current (amps) and resistance (ohms). It is a standard diagnostic tool for technicians in the electrical/electronic industries.

According to APO Research, The global Digital Multimeter market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Global Digital Multimeter key players include Victor, UNI-T, Fluke Corporation, etc. Global top three manufacturers hold a share about 15%.

China is the largest market, with a share about 35%, followed by Europe, and North America, both have a share over 35 percent.

In terms of product, Handheld Type is the largest segment, with a share over 80%. And in terms of application, the largest application is Industrial Manufacturing, followed by Commercial, Public Utilities, etc.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Digital Multimeter, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Digital Multimeter.

The report will help the Digital Multimeter manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The Digital Multimeter market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Digital Multimeter market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Fluke Corporation
Keysight
FLIR
Rohde & Schwarz
Victor
UNI-T
HIOKI
Chauvin Arnoux Group
Klein Tools
B&K Precision Corporation
CEM
Gossen Metrawatt
Prokits Industries Co., LTD
Mastech Group
GW Instek
Sata
Triplett
Leierda
Metrel d.d.

Digital Multimeter segment by Type
Handheld
Bench-Top
Others

Digital Multimeter segment by Application
Industrial Manufacturing
Commercial
Public Utilities

Digital Multimeter Segment by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Digital Multimeter market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Digital Multimeter and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Digital Multimeter.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Digital Multimeter manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Digital Multimeter by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Digital Multimeter in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
Chapter 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Digital Multimeter by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
2.2.2 Handheld
2.2.3 Bench-Top
2.2.4 Others
2.3 Digital Multimeter by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Industrial Manufacturing
2.3.3 Commercial
2.3.4 Public Utilities
2.4 Global Market Growth Prospects
2.4.1 Global Digital Multimeter Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global Digital Multimeter Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global Digital Multimeter Production Estimates and Forecasts (2019-2030)
2.4.4 Global Digital Multimeter Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global Digital Multimeter Production by Manufacturers (2019-2024)
3.2 Global Digital Multimeter Production Value by Manufacturers (2019-2024)
3.3 Global Digital Multimeter Average Price by Manufacturers (2019-2024)
3.4 Global Digital Multimeter Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Digital Multimeter Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Digital Multimeter Manufacturers, Product Type & Application
3.7 Global Digital Multimeter Manufacturers, Date of Enter into This Industry
3.8 Global Digital Multimeter Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Fluke Corporation
4.1.1 Fluke Corporation Digital Multimeter Company Information
4.1.2 Fluke Corporation Digital Multimeter Business Overview
4.1.3 Fluke Corporation Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.1.4 Fluke Corporation Product Portfolio
4.1.5 Fluke Corporation Recent Developments
4.2 Keysight
4.2.1 Keysight Digital Multimeter Company Information
4.2.2 Keysight Digital Multimeter Business Overview
4.2.3 Keysight Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.2.4 Keysight Product Portfolio
4.2.5 Keysight Recent Developments
4.3 FLIR
4.3.1 FLIR Digital Multimeter Company Information
4.3.2 FLIR Digital Multimeter Business Overview
4.3.3 FLIR Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.3.4 FLIR Product Portfolio
4.3.5 FLIR Recent Developments
4.4 Rohde & Schwarz
4.4.1 Rohde & Schwarz Digital Multimeter Company Information
4.4.2 Rohde & Schwarz Digital Multimeter Business Overview
4.4.3 Rohde & Schwarz Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.4.4 Rohde & Schwarz Product Portfolio
4.4.5 Rohde & Schwarz Recent Developments
4.5 Victor
4.5.1 Victor Digital Multimeter Company Information
4.5.2 Victor Digital Multimeter Business Overview
4.5.3 Victor Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.5.4 Victor Product Portfolio
4.5.5 Victor Recent Developments
4.6 UNI-T
4.6.1 UNI-T Digital Multimeter Company Information
4.6.2 UNI-T Digital Multimeter Business Overview
4.6.3 UNI-T Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.6.4 UNI-T Product Portfolio
4.6.5 UNI-T Recent Developments
4.7 HIOKI
4.7.1 HIOKI Digital Multimeter Company Information
4.7.2 HIOKI Digital Multimeter Business Overview
4.7.3 HIOKI Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.7.4 HIOKI Product Portfolio
4.7.5 HIOKI Recent Developments
4.8 Chauvin Arnoux Group
4.8.1 Chauvin Arnoux Group Digital Multimeter Company Information
4.8.2 Chauvin Arnoux Group Digital Multimeter Business Overview
4.8.3 Chauvin Arnoux Group Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.8.4 Chauvin Arnoux Group Product Portfolio
4.8.5 Chauvin Arnoux Group Recent Developments
4.9 Klein Tools
4.9.1 Klein Tools Digital Multimeter Company Information
4.9.2 Klein Tools Digital Multimeter Business Overview
4.9.3 Klein Tools Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.9.4 Klein Tools Product Portfolio
4.9.5 Klein Tools Recent Developments
4.10 B&K Precision Corporation
4.10.1 B&K Precision Corporation Digital Multimeter Company Information
4.10.2 B&K Precision Corporation Digital Multimeter Business Overview
4.10.3 B&K Precision Corporation Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.10.4 B&K Precision Corporation Product Portfolio
4.10.5 B&K Precision Corporation Recent Developments
4.11 CEM
4.11.1 CEM Digital Multimeter Company Information
4.11.2 CEM Digital Multimeter Business Overview
4.11.3 CEM Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.11.4 CEM Product Portfolio
4.11.5 CEM Recent Developments
4.12 Gossen Metrawatt
4.12.1 Gossen Metrawatt Digital Multimeter Company Information
4.12.2 Gossen Metrawatt Digital Multimeter Business Overview
4.12.3 Gossen Metrawatt Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.12.4 Gossen Metrawatt Product Portfolio
4.12.5 Gossen Metrawatt Recent Developments
4.13 Prokits Industries Co., LTD
4.13.1 Prokits Industries Co., LTD Digital Multimeter Company Information
4.13.2 Prokits Industries Co., LTD Digital Multimeter Business Overview
4.13.3 Prokits Industries Co., LTD Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.13.4 Prokits Industries Co., LTD Product Portfolio
4.13.5 Prokits Industries Co., LTD Recent Developments
4.14 Mastech Group
4.14.1 Mastech Group Digital Multimeter Company Information
4.14.2 Mastech Group Digital Multimeter Business Overview
4.14.3 Mastech Group Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.14.4 Mastech Group Product Portfolio
4.14.5 Mastech Group Recent Developments
4.15 GW Instek
4.15.1 GW Instek Digital Multimeter Company Information
4.15.2 GW Instek Digital Multimeter Business Overview
4.15.3 GW Instek Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.15.4 GW Instek Product Portfolio
4.15.5 GW Instek Recent Developments
4.16 Sata
4.16.1 Sata Digital Multimeter Company Information
4.16.2 Sata Digital Multimeter Business Overview
4.16.3 Sata Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.16.4 Sata Product Portfolio
4.16.5 Sata Recent Developments
4.17 Triplett
4.17.1 Triplett Digital Multimeter Company Information
4.17.2 Triplett Digital Multimeter Business Overview
4.17.3 Triplett Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.17.4 Triplett Product Portfolio
4.17.5 Triplett Recent Developments
4.18 Leierda
4.18.1 Leierda Digital Multimeter Company Information
4.18.2 Leierda Digital Multimeter Business Overview
4.18.3 Leierda Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.18.4 Leierda Product Portfolio
4.18.5 Leierda Recent Developments
4.19 Metrel d.d.
4.19.1 Metrel d.d. Digital Multimeter Company Information
4.19.2 Metrel d.d. Digital Multimeter Business Overview
4.19.3 Metrel d.d. Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.19.4 Metrel d.d. Product Portfolio
4.19.5 Metrel d.d. Recent Developments
5 Global Digital Multimeter Production by Region
5.1 Global Digital Multimeter Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Digital Multimeter Production by Region: 2019-2030
5.2.1 Global Digital Multimeter Production by Region: 2019-2024
5.2.2 Global Digital Multimeter Production Forecast by Region (2025-2030)
5.3 Global Digital Multimeter Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Digital Multimeter Production Value by Region: 2019-2030
5.4.1 Global Digital Multimeter Production Value by Region: 2019-2024
5.4.2 Global Digital Multimeter Production Value Forecast by Region (2025-2030)
5.5 Global Digital Multimeter Market Price Analysis by Region (2019-2024)
5.6 Global Digital Multimeter Production and Value, YOY Growth
5.6.1 North America Digital Multimeter Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe Digital Multimeter Production Value Estimates and Forecasts (2019-2030)
5.6.3 China Digital Multimeter Production Value Estimates and Forecasts (2019-2030)
5.6.4 Japan Digital Multimeter Production Value Estimates and Forecasts (2019-2030)
6 Global Digital Multimeter Consumption by Region
6.1 Global Digital Multimeter Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Digital Multimeter Consumption by Region (2019-2030)
6.2.1 Global Digital Multimeter Consumption by Region: 2019-2030
6.2.2 Global Digital Multimeter Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America Digital Multimeter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Digital Multimeter Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe Digital Multimeter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Digital Multimeter Consumption by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific Digital Multimeter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Digital Multimeter Consumption by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa Digital Multimeter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa Digital Multimeter Consumption by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Type
7.1 Global Digital Multimeter Production by Type (2019-2030)
7.1.1 Global Digital Multimeter Production by Type (2019-2030) & (K Units)
7.1.2 Global Digital Multimeter Production Market Share by Type (2019-2030)
7.2 Global Digital Multimeter Production Value by Type (2019-2030)
7.2.1 Global Digital Multimeter Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global Digital Multimeter Production Value Market Share by Type (2019-2030)
7.3 Global Digital Multimeter Price by Type (2019-2030)
8 Segment by Application
8.1 Global Digital Multimeter Production by Application (2019-2030)
8.1.1 Global Digital Multimeter Production by Application (2019-2030) & (K Units)
8.1.2 Global Digital Multimeter Production by Application (2019-2030) & (K Units)
8.2 Global Digital Multimeter Production Value by Application (2019-2030)
8.2.1 Global Digital Multimeter Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global Digital Multimeter Production Value Market Share by Application (2019-2030)
8.3 Global Digital Multimeter Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Digital Multimeter Value Chain Analysis
9.1.1 Digital Multimeter Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Digital Multimeter Production Mode & Process
9.2 Digital Multimeter Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Digital Multimeter Distributors
9.2.3 Digital Multimeter Customers
10 Global Digital Multimeter Analyzing Market Dynamics
10.1 Digital Multimeter Industry Trends
10.2 Digital Multimeter Industry Drivers
10.3 Digital Multimeter Industry Opportunities and Challenges
10.4 Digital Multimeter Industry Restraints
11 Report Conclusion
12 Disclaimer

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