Handheld Digital Multimeter Industry Research Report 2024

Handheld Digital Multimeter Industry Research Report 2024


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 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 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 report will help the Handheld 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 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: 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 Handheld 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 Handheld 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 Handheld 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 Handheld Digital Multimeter by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
2.2.2 3.5 Digit
2.2.3 4.5 Digit
2.3 Handheld Digital Multimeter by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Industrial
2.3.3 General Purpose
2.3.4 Others
2.4 Global Market Growth Prospects
2.4.1 Global Handheld Digital Multimeter Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global Handheld Digital Multimeter Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global Handheld Digital Multimeter Production Estimates and Forecasts (2019-2030)
2.4.4 Global Handheld Digital Multimeter Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global Handheld Digital Multimeter Production by Manufacturers (2019-2024)
3.2 Global Handheld Digital Multimeter Production Value by Manufacturers (2019-2024)
3.3 Global Handheld Digital Multimeter Average Price by Manufacturers (2019-2024)
3.4 Global Handheld Digital Multimeter Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Handheld Digital Multimeter Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Handheld Digital Multimeter Manufacturers, Product Type & Application
3.7 Global Handheld Digital Multimeter Manufacturers, Date of Enter into This Industry
3.8 Global Handheld Digital Multimeter Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Fluke
4.1.1 Fluke Handheld Digital Multimeter Company Information
4.1.2 Fluke Handheld Digital Multimeter Business Overview
4.1.3 Fluke Handheld Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.1.4 Fluke Product Portfolio
4.1.5 Fluke Recent Developments
4.2 Keysight Technologies
4.2.1 Keysight Technologies Handheld Digital Multimeter Company Information
4.2.2 Keysight Technologies Handheld Digital Multimeter Business Overview
4.2.3 Keysight Technologies Handheld Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.2.4 Keysight Technologies Product Portfolio
4.2.5 Keysight Technologies Recent Developments
4.3 FLIR Systems
4.3.1 FLIR Systems Handheld Digital Multimeter Company Information
4.3.2 FLIR Systems Handheld Digital Multimeter Business Overview
4.3.3 FLIR Systems Handheld Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.3.4 FLIR Systems Product Portfolio
4.3.5 FLIR Systems Recent Developments
4.4 Yokogawa
4.4.1 Yokogawa Handheld Digital Multimeter Company Information
4.4.2 Yokogawa Handheld Digital Multimeter Business Overview
4.4.3 Yokogawa Handheld Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.4.4 Yokogawa Product Portfolio
4.4.5 Yokogawa Recent Developments
4.5 HIOKI
4.5.1 HIOKI Handheld Digital Multimeter Company Information
4.5.2 HIOKI Handheld Digital Multimeter Business Overview
4.5.3 HIOKI Handheld Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.5.4 HIOKI Product Portfolio
4.5.5 HIOKI Recent Developments
4.6 Chauvin Arnoux Group
4.6.1 Chauvin Arnoux Group Handheld Digital Multimeter Company Information
4.6.2 Chauvin Arnoux Group Handheld Digital Multimeter Business Overview
4.6.3 Chauvin Arnoux Group Handheld Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.6.4 Chauvin Arnoux Group Product Portfolio
4.6.5 Chauvin Arnoux Group Recent Developments
4.7 Klein Tools
4.7.1 Klein Tools Handheld Digital Multimeter Company Information
4.7.2 Klein Tools Handheld Digital Multimeter Business Overview
4.7.3 Klein Tools Handheld Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.7.4 Klein Tools Product Portfolio
4.7.5 Klein Tools Recent Developments
4.8 Amprobe
4.8.1 Amprobe Handheld Digital Multimeter Company Information
4.8.2 Amprobe Handheld Digital Multimeter Business Overview
4.8.3 Amprobe Handheld Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.8.4 Amprobe Product Portfolio
4.8.5 Amprobe Recent Developments
4.9 B&K Precision
4.9.1 B&K Precision Handheld Digital Multimeter Company Information
4.9.2 B&K Precision Handheld Digital Multimeter Business Overview
4.9.3 B&K Precision Handheld Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.9.4 B&K Precision Product Portfolio
4.9.5 B&K Precision Recent Developments
4.10 Mastech Digital
4.10.1 Mastech Digital Handheld Digital Multimeter Company Information
4.10.2 Mastech Digital Handheld Digital Multimeter Business Overview
4.10.3 Mastech Digital Handheld Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.10.4 Mastech Digital Product Portfolio
4.10.5 Mastech Digital Recent Developments
4.11 Uni-Trend Technology
4.11.1 Uni-Trend Technology Handheld Digital Multimeter Company Information
4.11.2 Uni-Trend Technology Handheld Digital Multimeter Business Overview
4.11.3 Uni-Trend Technology Handheld Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.11.4 Uni-Trend Technology Product Portfolio
4.11.5 Uni-Trend Technology Recent Developments
4.12 CEM
4.12.1 CEM Handheld Digital Multimeter Company Information
4.12.2 CEM Handheld Digital Multimeter Business Overview
4.12.3 CEM Handheld Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.12.4 CEM Product Portfolio
4.12.5 CEM Recent Developments
4.13 Shen Zhen Victor Hi-tech
4.13.1 Shen Zhen Victor Hi-tech Handheld Digital Multimeter Company Information
4.13.2 Shen Zhen Victor Hi-tech Handheld Digital Multimeter Business Overview
4.13.3 Shen Zhen Victor Hi-tech Handheld Digital Multimeter Production, Value and Gross Margin (2019-2024)
4.13.4 Shen Zhen Victor Hi-tech Product Portfolio
4.13.5 Shen Zhen Victor Hi-tech Recent Developments
5 Global Handheld Digital Multimeter Production by Region
5.1 Global Handheld Digital Multimeter Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Handheld Digital Multimeter Production by Region: 2019-2030
5.2.1 Global Handheld Digital Multimeter Production by Region: 2019-2024
5.2.2 Global Handheld Digital Multimeter Production Forecast by Region (2025-2030)
5.3 Global Handheld Digital Multimeter Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Handheld Digital Multimeter Production Value by Region: 2019-2030
5.4.1 Global Handheld Digital Multimeter Production Value by Region: 2019-2024
5.4.2 Global Handheld Digital Multimeter Production Value Forecast by Region (2025-2030)
5.5 Global Handheld Digital Multimeter Market Price Analysis by Region (2019-2024)
5.6 Global Handheld Digital Multimeter Production and Value, YOY Growth
5.6.1 North America Handheld Digital Multimeter Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe Handheld Digital Multimeter Production Value Estimates and Forecasts (2019-2030)
5.6.3 China Handheld Digital Multimeter Production Value Estimates and Forecasts (2019-2030)
5.6.4 Japan Handheld Digital Multimeter Production Value Estimates and Forecasts (2019-2030)
6 Global Handheld Digital Multimeter Consumption by Region
6.1 Global Handheld Digital Multimeter Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Handheld Digital Multimeter Consumption by Region (2019-2030)
6.2.1 Global Handheld Digital Multimeter Consumption by Region: 2019-2030
6.2.2 Global Handheld Digital Multimeter Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America Handheld Digital Multimeter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Handheld Digital Multimeter Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe Handheld Digital Multimeter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Handheld 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 Handheld Digital Multimeter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Handheld 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 Handheld Digital Multimeter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa Handheld 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 Handheld Digital Multimeter Production by Type (2019-2030)
7.1.1 Global Handheld Digital Multimeter Production by Type (2019-2030) & (K Units)
7.1.2 Global Handheld Digital Multimeter Production Market Share by Type (2019-2030)
7.2 Global Handheld Digital Multimeter Production Value by Type (2019-2030)
7.2.1 Global Handheld Digital Multimeter Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global Handheld Digital Multimeter Production Value Market Share by Type (2019-2030)
7.3 Global Handheld Digital Multimeter Price by Type (2019-2030)
8 Segment by Application
8.1 Global Handheld Digital Multimeter Production by Application (2019-2030)
8.1.1 Global Handheld Digital Multimeter Production by Application (2019-2030) & (K Units)
8.1.2 Global Handheld Digital Multimeter Production by Application (2019-2030) & (K Units)
8.2 Global Handheld Digital Multimeter Production Value by Application (2019-2030)
8.2.1 Global Handheld Digital Multimeter Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global Handheld Digital Multimeter Production Value Market Share by Application (2019-2030)
8.3 Global Handheld Digital Multimeter Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Handheld Digital Multimeter Value Chain Analysis
9.1.1 Handheld Digital Multimeter Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Handheld Digital Multimeter Production Mode & Process
9.2 Handheld Digital Multimeter Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Handheld Digital Multimeter Distributors
9.2.3 Handheld Digital Multimeter Customers
10 Global Handheld Digital Multimeter Analyzing Market Dynamics
10.1 Handheld Digital Multimeter Industry Trends
10.2 Handheld Digital Multimeter Industry Drivers
10.3 Handheld Digital Multimeter Industry Opportunities and Challenges
10.4 Handheld Digital Multimeter Industry Restraints
11 Report Conclusion
12 Disclaimer

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