Global Handheld Digital Multimeter Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Handheld Digital Multimeter Market Size, Manufacturers, Opportunities and Forecast to 2030


A multimeter or a multitester, also known as a VOM (volt-ohm-milliammeter), is an electronic measuring instrument that combines several measurement functions in one unit. A typical multimeter can measure voltage, current, and resistance. Analog multimeters use a microammeter with a moving pointer to display readings. Digital multimeters (DMM, DVOM) have a numeric display, and may also show a graphical bar representing the measured value. Digital multimeters are now far more common due to their cost and precision, but analog multimeters are still preferable in some cases, for example when monitoring a rapidly varying value.

A multimeter can be a hand-held device useful for basic fault finding and field service work, or a bench instrument which can measure to a very high degree of accuracy. They can be used to troubleshoot electrical problems in a wide array of industrial and household devices such as electronic equipment, motor controls, domestic appliances, power supplies, and wiring systems.

Multimeters are available in a wide range of features and prices. Cheap multimeters can cost less than US$10, while General Purpose-grade models with certified calibration can cost more than US$5,000.

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

Global Handheld Digital Multimeter main players are Fluke, Keysight Technologies, FLIR Systems, Yokogawa, etc. Global top four manufacturers hold a share over 35%. Asia-Pacific is the largest market, with a share over 40%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Handheld 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 Handheld Digital Multimeter.

The Handheld 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 Handheld 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
Keysight Technologies
FLIR Systems
Yokogawa
HIOKI
Chauvin Arnoux Group
Klein Tools
Amprobe
B&K Precision
Mastech Digital
Uni-Trend Technology
CEM
Shen Zhen Victor Hi-tech

Handheld Digital Multimeter segment by Type

3.5 Digit
4.5 Digit

Handheld Digital Multimeter segment by Application

Industrial
General Purpose
Others

Handheld 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 Handheld 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 Handheld 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 Handheld 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: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of Handheld Digital Multimeter manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Handheld Digital Multimeter in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Handheld Digital Multimeter Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Handheld Digital Multimeter Sales Estimates and Forecasts (2019-2030)
1.3 Handheld Digital Multimeter Market by Type
1.3.1 3.5 Digit
1.3.2 4.5 Digit
1.4 Global Handheld Digital Multimeter Market Size by Type
1.4.1 Global Handheld Digital Multimeter Market Size Overview by Type (2019-2030)
1.4.2 Global Handheld Digital Multimeter Historic Market Size Review by Type (2019-2024)
1.4.3 Global Handheld Digital Multimeter Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Handheld Digital Multimeter Sales Breakdown by Type (2019-2024)
1.5.2 Europe Handheld Digital Multimeter Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Handheld Digital Multimeter Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Handheld Digital Multimeter Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Handheld Digital Multimeter Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Handheld Digital Multimeter Industry Trends
2.2 Handheld Digital Multimeter Industry Drivers
2.3 Handheld Digital Multimeter Industry Opportunities and Challenges
2.4 Handheld Digital Multimeter Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Handheld Digital Multimeter Revenue (2019-2024)
3.2 Global Top Players by Handheld Digital Multimeter Sales (2019-2024)
3.3 Global Top Players by Handheld Digital Multimeter Price (2019-2024)
3.4 Global Handheld Digital Multimeter Industry Company Ranking, 20
22 VS 2023 VS 2024
3.5 Global Handheld Digital Multimeter Key Company Manufacturing Sites & Headquarters
3.6 Global Handheld Digital Multimeter Company, Product Type & Application
3.7 Global Handheld Digital Multimeter Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Handheld Digital Multimeter Market CR5 and HHI
3.8.2 Global Top 5 and
10 Handheld Digital Multimeter Players Market Share by Revenue in 2023
3.8.3 20
23 Handheld Digital Multimeter Tier 1, Tier 2, and Tier 3
4 Handheld Digital Multimeter Regional Status and Outlook
4.1 Global Handheld Digital Multimeter Market Size and CAGR by Region: 20
19 VS 2023 VS 2030
4.2 Global Handheld Digital Multimeter Historic Market Size by Region
4.2.1 Global Handheld Digital Multimeter Sales in Volume by Region (2019-2024)
4.2.2 Global Handheld Digital Multimeter Sales in Value by Region (2019-2024)
4.2.3 Global Handheld Digital Multimeter Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Handheld Digital Multimeter Forecasted Market Size by Region
4.3.1 Global Handheld Digital Multimeter Sales in Volume by Region (2025-2030)
4.3.2 Global Handheld Digital Multimeter Sales in Value by Region (2025-2030)
4.3.3 Global Handheld Digital Multimeter Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Handheld Digital Multimeter by Application
5.1 Handheld Digital Multimeter Market by Application
5.1.1 Industrial
5.1.2 General Purpose
5.1.3 Others
5.2 Global Handheld Digital Multimeter Market Size by Application
5.2.1 Global Handheld Digital Multimeter Market Size Overview by Application (2019-2030)
5.2.2 Global Handheld Digital Multimeter Historic Market Size Review by Application (2019-2024)
5.2.3 Global Handheld Digital Multimeter Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Handheld Digital Multimeter Sales Breakdown by Application (2019-2024)
5.3.2 Europe Handheld Digital Multimeter Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Handheld Digital Multimeter Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Handheld Digital Multimeter Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Handheld Digital Multimeter Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Fluke
6.1.1 Fluke Comapny Information
6.1.2 Fluke Business Overview
6.1.3 Fluke Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Fluke Handheld Digital Multimeter Product Portfolio
6.1.5 Fluke Recent Developments
6.2 Keysight Technologies
6.2.1 Keysight Technologies Comapny Information
6.2.2 Keysight Technologies Business Overview
6.2.3 Keysight Technologies Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Keysight Technologies Handheld Digital Multimeter Product Portfolio
6.2.5 Keysight Technologies Recent Developments
6.3 FLIR Systems
6.3.1 FLIR Systems Comapny Information
6.3.2 FLIR Systems Business Overview
6.3.3 FLIR Systems Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
6.3.4 FLIR Systems Handheld Digital Multimeter Product Portfolio
6.3.5 FLIR Systems Recent Developments
6.4 Yokogawa
6.4.1 Yokogawa Comapny Information
6.4.2 Yokogawa Business Overview
6.4.3 Yokogawa Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Yokogawa Handheld Digital Multimeter Product Portfolio
6.4.5 Yokogawa Recent Developments
6.5 HIOKI
6.5.1 HIOKI Comapny Information
6.5.2 HIOKI Business Overview
6.5.3 HIOKI Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
6.5.4 HIOKI Handheld Digital Multimeter Product Portfolio
6.5.5 HIOKI Recent Developments
6.6 Chauvin Arnoux Group
6.6.1 Chauvin Arnoux Group Comapny Information
6.6.2 Chauvin Arnoux Group Business Overview
6.6.3 Chauvin Arnoux Group Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Chauvin Arnoux Group Handheld Digital Multimeter Product Portfolio
6.6.5 Chauvin Arnoux Group Recent Developments
6.7 Klein Tools
6.7.1 Klein Tools Comapny Information
6.7.2 Klein Tools Business Overview
6.7.3 Klein Tools Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Klein Tools Handheld Digital Multimeter Product Portfolio
6.7.5 Klein Tools Recent Developments
6.8 Amprobe
6.8.1 Amprobe Comapny Information
6.8.2 Amprobe Business Overview
6.8.3 Amprobe Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Amprobe Handheld Digital Multimeter Product Portfolio
6.8.5 Amprobe Recent Developments
6.9 B&K Precision
6.9.1 B&K Precision Comapny Information
6.9.2 B&K Precision Business Overview
6.9.3 B&K Precision Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
6.9.4 B&K Precision Handheld Digital Multimeter Product Portfolio
6.9.5 B&K Precision Recent Developments
6.
10 Mastech Digital
6.10.1 Mastech Digital Comapny Information
6.10.2 Mastech Digital Business Overview
6.10.3 Mastech Digital Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Mastech Digital Handheld Digital Multimeter Product Portfolio
6.10.5 Mastech Digital Recent Developments
6.
11 Uni-Trend Technology
6.11.1 Uni-Trend Technology Comapny Information
6.11.2 Uni-Trend Technology Business Overview
6.11.3 Uni-Trend Technology Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Uni-Trend Technology Handheld Digital Multimeter Product Portfolio
6.11.5 Uni-Trend Technology Recent Developments
6.
12 CEM
6.12.1 CEM Comapny Information
6.12.2 CEM Business Overview
6.12.3 CEM Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
6.12.4 CEM Handheld Digital Multimeter Product Portfolio
6.12.5 CEM Recent Developments
6.
13 Shen Zhen Victor Hi-tech
6.13.1 Shen Zhen Victor Hi-tech Comapny Information
6.13.2 Shen Zhen Victor Hi-tech Business Overview
6.13.3 Shen Zhen Victor Hi-tech Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Shen Zhen Victor Hi-tech Handheld Digital Multimeter Product Portfolio
6.13.5 Shen Zhen Victor Hi-tech Recent Developments
7 North America by Country
7.1 North America Handheld Digital Multimeter Sales by Country
7.1.1 North America Handheld Digital Multimeter Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.1.2 North America Handheld Digital Multimeter Sales by Country (2019-2024)
7.1.3 North America Handheld Digital Multimeter Sales Forecast by Country (2025-2030)
7.2 North America Handheld Digital Multimeter Market Size by Country
7.2.1 North America Handheld Digital Multimeter Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.2.2 North America Handheld Digital Multimeter Market Size by Country (2019-2024)
7.2.3 North America Handheld Digital Multimeter Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Handheld Digital Multimeter Sales by Country
8.1.1 Europe Handheld Digital Multimeter Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.1.2 Europe Handheld Digital Multimeter Sales by Country (2019-2024)
8.1.3 Europe Handheld Digital Multimeter Sales Forecast by Country (2025-2030)
8.2 Europe Handheld Digital Multimeter Market Size by Country
8.2.1 Europe Handheld Digital Multimeter Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.2.2 Europe Handheld Digital Multimeter Market Size by Country (2019-2024)
8.2.3 Europe Handheld Digital Multimeter Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Handheld Digital Multimeter Sales by Country
9.1.1 Asia-Pacific Handheld Digital Multimeter Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.1.2 Asia-Pacific Handheld Digital Multimeter Sales by Country (2019-2024)
9.1.3 Asia-Pacific Handheld Digital Multimeter Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Handheld Digital Multimeter Market Size by Country
9.2.1 Asia-Pacific Handheld Digital Multimeter Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.2.2 Asia-Pacific Handheld Digital Multimeter Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Handheld Digital Multimeter Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Handheld Digital Multimeter Sales by Country
10.1.1 Latin America Handheld Digital Multimeter Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.1.2 Latin America Handheld Digital Multimeter Sales by Country (2019-2024)
10.1.3 Latin America Handheld Digital Multimeter Sales Forecast by Country (2025-2030)
10.2 Latin America Handheld Digital Multimeter Market Size by Country
10.2.1 Latin America Handheld Digital Multimeter Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.2.2 Latin America Handheld Digital Multimeter Market Size by Country (2019-2024)
10.2.3 Latin America Handheld Digital Multimeter Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Handheld Digital Multimeter Sales by Country
11.1.1 Middle East and Africa Handheld Digital Multimeter Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.1.2 Middle East and Africa Handheld Digital Multimeter Sales by Country (2019-2024)
11.1.3 Middle East and Africa Handheld Digital Multimeter Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Handheld Digital Multimeter Market Size by Country
11.2.1 Middle East and Africa Handheld Digital Multimeter Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.2.2 Middle East and Africa Handheld Digital Multimeter Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Handheld Digital Multimeter Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Handheld Digital Multimeter Value Chain Analysis
12.1.1 Handheld Digital Multimeter Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Handheld Digital Multimeter Production Mode & Process
12.2 Handheld Digital Multimeter Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Handheld Digital Multimeter Distributors
12.2.3 Handheld Digital Multimeter Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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