Global Pocket Multimeter Market Growth 2025-2031

The global Pocket Multimeter market size is predicted to grow from US$ 537 million in 2025 to US$ 665 million in 2031; it is expected to grow at a CAGR of 3.6% from 2025 to 2031.

The Pocket Multimeter market has experienced significant growth and diversification in recent years, driven by the increasing demand for portable and versatile electrical measurement tools. Pocket multimeters, also known as handheld or compact multimeters, are small-sized electronic devices used for measuring various electrical parameters such as voltage, current, resistance, capacitance, and continuity. These multimeters are designed to be lightweight, compact, and easy to carry in a pocket or tool bag, making them highly convenient for professionals and DIY enthusiasts working in electrical, electronic, and automotive industries. The market offers a wide range of pocket multimeter models from different manufacturers, incorporating features such as digital displays, auto-ranging capabilities, data hold functions, and built-in test leads. Additionally, many pocket multimeters come with additional features like temperature measurement, frequency measurement, and even Bluetooth connectivity for data transfer and remote monitoring. With advancements in technology, pocket multimeters are becoming more accurate, durable, and user-friendly, providing accurate measurements and reliable performance in various electrical testing applications. The market is competitive, with manufacturers continually innovating to offer improved features, enhanced safety measures, and user-friendly interfaces. As the demand for portable electrical measurement tools continues to rise, driven by the growing need for on-the-go testing and troubleshooting, the Pocket Multimeter market is expected to expand further, providing professionals and DIYers with efficient, compact, and versatile tools for electrical measurements.

LP Information, Inc. (LPI) ' newest research report, the “Pocket Multimeter Industry Forecast” looks at past sales and reviews total world Pocket Multimeter sales in 2024, providing a comprehensive analysis by region and market sector of projected Pocket Multimeter sales for 2025 through 2031. With Pocket Multimeter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pocket Multimeter industry.

This Insight Report provides a comprehensive analysis of the global Pocket Multimeter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pocket Multimeter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Pocket Multimeter market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pocket Multimeter and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pocket Multimeter.

This report presents a comprehensive overview, market shares, and growth opportunities of Pocket Multimeter market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Digital Multimeter
Analog Multimeter

Segmentation by Application:
Electric Power
Automotive
Lab
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Fluke
Luna Group
Danaher
Greenlee
Accta
UNI-T
REED Instruments
CABAC
DER EE
Tempo Communications
FLIR Systems
MISUMI
Jack Sealey
BENNING
HubiTools
Mastech
Chauvin Arnoux
Faithful Tools
PCE Instruments
UNIKS
Elma Instruments

Key Questions Addressed in this Report

What is the 10-year outlook for the global Pocket Multimeter market?

What factors are driving Pocket Multimeter market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Pocket Multimeter market opportunities vary by end market size?

How does Pocket Multimeter break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.