The global market for Industrial Multimeters is estimated at US$638.3 Million in 2023 and is projected to reach US$787.5 Million by 2030, growing at a CAGR of 3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Key Insights:
Market Growth: Understand the significant growth trajectory of the OEM End-Use segment, which is expected to reach US$394.3 Million by 2030 with a CAGR of a 3%. The In-House Industrial Users End-Use segment is also set to grow at 3.4% CAGR for the next 7-year period.
Regional Analysis: Gain insights into the U.S. market, estimated at $191.1 Million in 2023, and China, forecasted to grow at an impressive 3% CAGR to reach $141.2 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
Detailed Market Analysis: Access a thorough analysis of the Global Industrial Multimeters Market, covering all major geographic regions and market segments.
Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Industrial Multimeters Market.
Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
How is the Global Industrial Multimeters Market expected to evolve by 2030?
What are the main drivers and restraints affecting the market?
Which market segments will grow the most over the forecast period?
How will market shares for different regions and segments change by 2030?
Who are the leading players in the market, and what are their prospects?
Report Features:
Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of major players such as ABB Group, Fluke Corporation, Giga-tronics Inc., and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 58 Featured):
ABB Group
Fluke Corporation
Giga-tronics Inc.
National Instruments Corporation
Yokogawa Electric Corporation
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
Industrial Multimeters - Global Key Competitors Percentage Market Share in 2024 (E)
Global Economic Update
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: World Recent Past, Current & Future Analysis for Industrial Multimeters by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 2: World Historic Review for Industrial Multimeters by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 3: World 16-Year Perspective for Industrial Multimeters by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2024 & 2030
TABLE 4: World Recent Past, Current & Future Analysis for In-House Industrial Users by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 5: World Historic Review for In-House Industrial Users by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 6: World 16-Year Perspective for In-House Industrial Users by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
TABLE 7: World Recent Past, Current & Future Analysis for Third-Party Service Providers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 8: World Historic Review for Third-Party Service Providers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 9: World 16-Year Perspective for Third-Party Service Providers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
TABLE 10: World Industrial Multimeters Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
TABLE 11: World Recent Past, Current & Future Analysis for OEM by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 12: World Historic Review for OEM by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 13: World 16-Year Perspective for OEM by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
Industrial Multimeters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
TABLE 14: USA Recent Past, Current & Future Analysis for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
TABLE 15: USA Historic Review for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 16: USA 16-Year Perspective for Industrial Multimeters by End-Use - Percentage Breakdown of Value Sales for OEM, In-House Industrial Users and Third-Party Service Providers for the Years 2014, 2024 & 2030
CANADA
TABLE 17: Canada Recent Past, Current & Future Analysis for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
TABLE 18: Canada Historic Review for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 19: Canada 16-Year Perspective for Industrial Multimeters by End-Use - Percentage Breakdown of Value Sales for OEM, In-House Industrial Users and Third-Party Service Providers for the Years 2014, 2024 & 2030
JAPAN
Industrial Multimeters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
TABLE 20: Japan Recent Past, Current & Future Analysis for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
TABLE 21: Japan Historic Review for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 22: Japan 16-Year Perspective for Industrial Multimeters by End-Use - Percentage Breakdown of Value Sales for OEM, In-House Industrial Users and Third-Party Service Providers for the Years 2014, 2024 & 2030
CHINA
Industrial Multimeters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
TABLE 23: China Recent Past, Current & Future Analysis for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
TABLE 24: China Historic Review for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 25: China 16-Year Perspective for Industrial Multimeters by End-Use - Percentage Breakdown of Value Sales for OEM, In-House Industrial Users and Third-Party Service Providers for the Years 2014, 2024 & 2030
EUROPE
Industrial Multimeters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
TABLE 26: Europe Recent Past, Current & Future Analysis for Industrial Multimeters by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 27: Europe Historic Review for Industrial Multimeters by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 28: Europe 16-Year Perspective for Industrial Multimeters by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2024 & 2030
TABLE 29: Europe Recent Past, Current & Future Analysis for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
TABLE 30: Europe Historic Review for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 31: Europe 16-Year Perspective for Industrial Multimeters by End-Use - Percentage Breakdown of Value Sales for OEM, In-House Industrial Users and Third-Party Service Providers for the Years 2014, 2024 & 2030
FRANCE
Industrial Multimeters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
TABLE 32: France Recent Past, Current & Future Analysis for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
TABLE 33: France Historic Review for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 34: France 16-Year Perspective for Industrial Multimeters by End-Use - Percentage Breakdown of Value Sales for OEM, In-House Industrial Users and Third-Party Service Providers for the Years 2014, 2024 & 2030
GERMANY
Industrial Multimeters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
TABLE 35: Germany Recent Past, Current & Future Analysis for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
TABLE 36: Germany Historic Review for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 37: Germany 16-Year Perspective for Industrial Multimeters by End-Use - Percentage Breakdown of Value Sales for OEM, In-House Industrial Users and Third-Party Service Providers for the Years 2014, 2024 & 2030
ITALY
TABLE 38: Italy Recent Past, Current & Future Analysis for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
TABLE 39: Italy Historic Review for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 40: Italy 16-Year Perspective for Industrial Multimeters by End-Use - Percentage Breakdown of Value Sales for OEM, In-House Industrial Users and Third-Party Service Providers for the Years 2014, 2024 & 2030
UNITED KINGDOM
Industrial Multimeters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
TABLE 41: UK Recent Past, Current & Future Analysis for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
TABLE 42: UK Historic Review for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 43: UK 16-Year Perspective for Industrial Multimeters by End-Use - Percentage Breakdown of Value Sales for OEM, In-House Industrial Users and Third-Party Service Providers for the Years 2014, 2024 & 2030
REST OF EUROPE
TABLE 44: Rest of Europe Recent Past, Current & Future Analysis for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
TABLE 45: Rest of Europe Historic Review for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 46: Rest of Europe 16-Year Perspective for Industrial Multimeters by End-Use - Percentage Breakdown of Value Sales for OEM, In-House Industrial Users and Third-Party Service Providers for the Years 2014, 2024 & 2030
ASIA-PACIFIC
Industrial Multimeters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
TABLE 47: Asia-Pacific Recent Past, Current & Future Analysis for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
TABLE 48: Asia-Pacific Historic Review for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 49: Asia-Pacific 16-Year Perspective for Industrial Multimeters by End-Use - Percentage Breakdown of Value Sales for OEM, In-House Industrial Users and Third-Party Service Providers for the Years 2014, 2024 & 2030
REST OF WORLD
TABLE 50: Rest of World Recent Past, Current & Future Analysis for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
TABLE 51: Rest of World Historic Review for Industrial Multimeters by End-Use - OEM, In-House Industrial Users and Third-Party Service Providers Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 52: Rest of World 16-Year Perspective for Industrial Multimeters by End-Use - Percentage Breakdown of Value Sales for OEM, In-House Industrial Users and Third-Party Service Providers for the Years 2014, 2024 & 2030
A multimeter is a device used in electrical engineering to measure electrical parameters such as voltage, current, and resistance. It is an essential tool for any electrical engineer, as it allows them to accurately measure and diagnose electrical systems. Multimeters come in a variety of shapes and sizes, from handheld devices to benchtop models. They can also be used to measure temperature, capacitance, and frequency.
Multimeters are used in a wide range of applications, from industrial and commercial settings to residential and automotive. They are also used in the testing and maintenance of electrical systems, as well as in the development of new products.
The multimeter market is highly competitive, with a number of manufacturers offering a wide range of products. Companies such as Fluke, Extech, and Klein Tools are well-known for their multimeters, while other companies such as Amprobe, Hioki, and Mastech also offer a range of products. Show Less Read more
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