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Digital Multimeter Market Report 2025

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    Report

  • 200 Pages
  • March 2025
  • Region: Global
  • The Business Research Company
  • ID: 5930962
This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The digital multimeter market size has grown steadily in recent years. It will grow from $1.15 billion in 2024 to $1.19 billion in 2025 at a compound annual growth rate (CAGR) of 3.2%. The growth in the historic period can be attributed to increased automation, electronics industry growth, telecommunications expansion, increasing number of educational and training institutions.

The digital multimeter market size is expected to see steady growth in the next few years. It will grow to $1.37 billion in 2029 at a compound annual growth rate (CAGR) of 3.6%. The growth in the forecast period can be attributed to renewable energy sector growth, green technology initiatives, globalization and standardization, safety and compliance. Major trends in the forecast period include smart and connected multimeters, advanced measurement capabilities, remote and cloud-based data storage, rapid technological advancements.

The digital multimeter market is poised for significant growth, driven by the escalating trend in industrial automation. Industrial automation involves the utilization of robots, machines, and control systems to perform tasks traditionally carried out by humans. Digital multimeters (DMMs) play a crucial role in measuring and verifying electrical parameters like voltage, current, and resistance. They are essential tools in troubleshooting electrical systems and identifying malfunctions within industrial automation processes. For instance, as of February 2022, the International Federation of Robotics reported a global deployment of 3 million industrial robots, marking a 10% increase from the previous year. This underscores the growing integration of technology and automation across diverse industries, fueling the expansion of the digital multimeter market.

Anticipated growth in the automotive industry is set to be a significant driving force behind the expansion of the digital multimeter market. The automotive sector encompasses a wide array of companies and organizations involved in the conception, development, production, marketing, sales, maintenance, and customization of motor vehicles. Digital multimeters are indeed highly versatile and portable tools used extensively in the automotive sector by technicians and mechanics because they provide accurate and reliable measurements, making them invaluable for maintenance and repair tasks in the automotive industry. For instance, in May 2023, according to the European Automobile Manufacturers Association, a Belgium-based automobile manufacturers association, in 2022, the global production of motor vehicles reached 85.4 million units, reflecting a notable increase of 5.7% compared to 2021. Furthermore, according to Brand Finance PLC, a UK-based brand valuation company, in 2022, the automobile sector achieved approximately 78 million unit sales, marking a substantial 10% increase compared to both 2021 and 2020. Therefore, the expanding automotive industry is driving the growth of the digital multimeter market.

Companies in the digital multimeter market are embracing cutting-edge technologies, including digital multimeters equipped with infrared sensors, to maintain their competitive edge. A digital multimeter with an infrared sensor integrates a non-contact infrared thermometer for accurately measuring the surface temperatures of objects. For example, in May 2023, Teledyne FLIR LLC, a US-based thermography company, introduced the DM286 Infrared Guided Measurement (IGM) multimeter. The FLIR DM286 multimeter with IGM now features FLIR's unique multispectral dynamic imaging (MSX) technology, enhancing thermal image clarity in real time by incorporating visible light information. This system is designed to facilitate electricians in identifying hot spots and other potential trouble areas with greater ease, safety, and speed. It comes with a built-in visible-light camera, a Lepton thermal microcamera offering a thermal resolution of 160 x 120, and a powerful LED work light for utilizing MSX in low-light conditions.safety, and speed. It comes with a built-in visible-light camera, a Lepton thermal microcamera with 160 x 120 thermal resolution, and a powerful LED (light-emitting diode) work light for operating MSX in low light.

In October 2023, Emerson, a U.S.-based company specializing in automation and technology solutions, acquired National Instruments Corporation for an undisclosed amount. This acquisition was aimed at enhancing Emerson’s capabilities in test and measurement solutions, with a focus on integrating advanced technologies to drive efficiency and innovation across various industries. National Instruments Corporation, a U.S.-based provider, is known for its digital multimeters and other testing equipment.

Major companies operating in the digital multimeter market are Danaher Corporation, Agilent Technologies Inc., Tektronix Inc., Keysight Technologies Inc., Yokogawa Electric Corporation, Milwaukee Tool, Rohde and Schwarz GmbH and Co. KG, National Instruments Corporation, Fluke Corporation, Craftsman, Adlink Technology Inc., HIOKI E.E. Corporation, Mastech Digital Inc., Greenlee Tools, Ideal Industries Inc., Teledyne LeCroy Inc., TPI Corporation, Etekcity, Giga-Tronics Incorporated, Rigol Technologies Inc., GW Instek, Amprobe, AEMC Instruments, Simpson Electric Company, Sanwa Electric Instrument Co. Ltd., B&K Precision Corporation, Extech Instruments Corporation, Chauvin Arnoux Group, Gossen Metrawatt GmbH, AstroAI Corporation, Innova Corporation.

Asia-Pacific was the largest region in the digital multimeter market in 2024. The regions covered in digital multimeter report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the digital multimeter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The digital multimeter market consists of sales of basic digital multimeters, industrial digital multimeters, PC (personal computer)-based digital multimeters, test leads, alligator clips, temperature probes and calibration tools. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

A digital multimeter is an instrument capable of simultaneously measuring two or more electrical quantities. It is designed to assess and verify a range of electrical parameters including voltage, current, and resistance.

Digital multimeters come in various product types such as handheld, bench-top, mounted, and others. Handheld devices are portable electronic instruments that can be operated with a single hand. Additionally, there are different ranging types available, including auto-ranging and manual ranging. These multimeters find applications across various industry sectors, including consumer electronics, automotive, power generation, healthcare, among others.

The digital multimeters market research report is one of a series of new reports that provides digital multimeters market statistics, including digital multimeters industry global market size, regional shares, competitors with a digital multimeters market share, detailed digital multimeters market segments, market trends and opportunities and any further data you may need to thrive in the digital multimeters industry. This digital multimeters market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.

Table of Contents

1. Executive Summary2. Digital Multimeter Market Characteristics3. Digital Multimeter Market Trends and Strategies4. Digital Multimeter Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Covid and Recovery on the Market
5. Global Digital Multimeter Growth Analysis and Strategic Analysis Framework
5.1. Global Digital Multimeter PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis of End Use Industries
5.3. Global Digital Multimeter Market Growth Rate Analysis
5.4. Global Digital Multimeter Historic Market Size and Growth, 2019-2024, Value ($ Billion)
5.5. Global Digital Multimeter Forecast Market Size and Growth, 2024-2029, 2034F, Value ($ Billion)
5.6. Global Digital Multimeter Total Addressable Market (TAM)
6. Digital Multimeter Market Segmentation
6.1. Global Digital Multimeter Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Handheld
  • Bench-Top
  • Mounted
  • Other Product Types
6.2. Global Digital Multimeter Market, Segmentation by Ranging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Auto-ranging
  • Manual
6.3. Global Digital Multimeter Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Consumer Electronics
  • Automotive
  • Power Generation
  • Healthcare
  • Other Industries
6.4. Global Digital Multimeter Market, Sub-Segmentation of Handheld, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Standard Handheld Multimeters
  • Auto-Ranging Handheld Multimeters
  • True RMS Handheld Multimeters
6.5. Global Digital Multimeter Market, Sub-Segmentation of Bench-Top, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Digital Bench Multimeters
  • High Precision Bench Multimeters
6.6. Global Digital Multimeter Market, Sub-Segmentation of Mounted, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Panel-Mounted Multimeters
  • Rack-Mounted Multimeters
6.7. Global Digital Multimeter Market, Sub-Segmentation of Other Product Types, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Smartphone-Connected Multimeters
  • Specialty Multimeters
7. Digital Multimeter Market Regional and Country Analysis
7.1. Global Digital Multimeter Market, Split by Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Digital Multimeter Market, Split by Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Digital Multimeter Market
8.1. Asia-Pacific Digital Multimeter Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Digital Multimeter Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Digital Multimeter Market, Segmentation by Ranging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Digital Multimeter Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Digital Multimeter Market
9.1. China Digital Multimeter Market Overview
9.2. China Digital Multimeter Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Digital Multimeter Market, Segmentation by Ranging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Digital Multimeter Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Digital Multimeter Market
10.1. India Digital Multimeter Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Digital Multimeter Market, Segmentation by Ranging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Digital Multimeter Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Digital Multimeter Market
11.1. Japan Digital Multimeter Market Overview
11.2. Japan Digital Multimeter Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Digital Multimeter Market, Segmentation by Ranging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Digital Multimeter Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Digital Multimeter Market
12.1. Australia Digital Multimeter Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Digital Multimeter Market, Segmentation by Ranging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Digital Multimeter Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Digital Multimeter Market
13.1. Indonesia Digital Multimeter Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Digital Multimeter Market, Segmentation by Ranging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Digital Multimeter Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Digital Multimeter Market
14.1. South Korea Digital Multimeter Market Overview
14.2. South Korea Digital Multimeter Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Digital Multimeter Market, Segmentation by Ranging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Digital Multimeter Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Digital Multimeter Market
15.1. Western Europe Digital Multimeter Market Overview
15.2. Western Europe Digital Multimeter Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Digital Multimeter Market, Segmentation by Ranging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Digital Multimeter Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Digital Multimeter Market
16.1. UK Digital Multimeter Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Digital Multimeter Market, Segmentation by Ranging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Digital Multimeter Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Digital Multimeter Market
17.1. Germany Digital Multimeter Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Digital Multimeter Market, Segmentation by Ranging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Digital Multimeter Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Digital Multimeter Market
18.1. France Digital Multimeter Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Digital Multimeter Market, Segmentation by Ranging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Digital Multimeter Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Digital Multimeter Market
19.1. Italy Digital Multimeter Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Digital Multimeter Market, Segmentation by Ranging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Digital Multimeter Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Digital Multimeter Market
20.1. Spain Digital Multimeter Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Digital Multimeter Market, Segmentation by Ranging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Digital Multimeter Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Digital Multimeter Market
21.1. Eastern Europe Digital Multimeter Market Overview
21.2. Eastern Europe Digital Multimeter Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Digital Multimeter Market, Segmentation by Ranging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Digital Multimeter Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Digital Multimeter Market
22.1. Russia Digital Multimeter Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Digital Multimeter Market, Segmentation by Ranging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Digital Multimeter Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Digital Multimeter Market
23.1. North America Digital Multimeter Market Overview
23.2. North America Digital Multimeter Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Digital Multimeter Market, Segmentation by Ranging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Digital Multimeter Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Digital Multimeter Market
24.1. USA Digital Multimeter Market Overview
24.2. USA Digital Multimeter Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Digital Multimeter Market, Segmentation by Ranging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Digital Multimeter Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Digital Multimeter Market
25.1. Canada Digital Multimeter Market Overview
25.2. Canada Digital Multimeter Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Digital Multimeter Market, Segmentation by Ranging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Digital Multimeter Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Digital Multimeter Market
26.1. South America Digital Multimeter Market Overview
26.2. South America Digital Multimeter Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Digital Multimeter Market, Segmentation by Ranging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Digital Multimeter Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Digital Multimeter Market
27.1. Brazil Digital Multimeter Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Digital Multimeter Market, Segmentation by Ranging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Digital Multimeter Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Digital Multimeter Market
28.1. Middle East Digital Multimeter Market Overview
28.2. Middle East Digital Multimeter Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Digital Multimeter Market, Segmentation by Ranging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Digital Multimeter Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Digital Multimeter Market
29.1. Africa Digital Multimeter Market Overview
29.2. Africa Digital Multimeter Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Digital Multimeter Market, Segmentation by Ranging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Digital Multimeter Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Digital Multimeter Market Competitive Landscape and Company Profiles
30.1. Digital Multimeter Market Competitive Landscape
30.2. Digital Multimeter Market Company Profiles
30.2.1. Danaher Corporation Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Agilent Technologies Inc. Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Tektronix Inc. Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Keysight Technologies Inc. Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Yokogawa Electric Corporation Overview, Products and Services, Strategy and Financial Analysis
31. Digital Multimeter Market Other Major and Innovative Companies
31.1. Milwaukee Tool
31.2. Rohde and Schwarz GmbH and Co. KG
31.3. National Instruments Corporation
31.4. Fluke Corporation
31.5. Craftsman
31.6. Adlink Technology Inc.
31.7. HIOKI E.E. Corporation
31.8. Mastech Digital Inc.
31.9. Greenlee Tools
31.10. Ideal Industries Inc.
31.11. Teledyne LeCroy Inc.
31.12. TPI Corporation
31.13. Etekcity
31.14. Giga-Tronics Incorporated
31.15. Rigol Technologies Inc.
32. Global Digital Multimeter Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Digital Multimeter Market34. Recent Developments in the Digital Multimeter Market
35. Digital Multimeter Market High Potential Countries, Segments and Strategies
35.1 Digital Multimeter Market in 2029 - Countries Offering Most New Opportunities
35.2 Digital Multimeter Market in 2029 - Segments Offering Most New Opportunities
35.3 Digital Multimeter Market in 2029 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Digital Multimeter Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on digital multimeter market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
  • Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for digital multimeter? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The digital multimeter market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Product Type: Handheld; Bench-Top; Mounted; Other Product Types
2) By Ranging Type: Auto-ranging; Manual
3) By Industry Vertical: Consumer Electronics; Automotive; Power Generation; Healthcare; Other Industries

Subsegments:

1) By Handheld: Standard Handheld Multimeters; Auto-Ranging Handheld Multimeters; True RMS Handheld Multimeters
2) By Bench-Top: Digital Bench Multimeters; High Precision Bench Multimeters
3) By Mounted: Panel-Mounted Multimeters; Rack-Mounted Multimeters
4) By Other Product Types: Smartphone-Connected Multimeters; Specialty Multimeters

Key Companies Mentioned: Danaher Corporation; Agilent Technologies Inc.; Tektronix Inc.; Keysight Technologies Inc.; Yokogawa Electric Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

Some of the major companies featured in this Digital Multimeter market report include:
  • Danaher Corporation
  • Agilent Technologies Inc.
  • Tektronix Inc.
  • Keysight Technologies Inc.
  • Yokogawa Electric Corporation
  • Milwaukee Tool
  • Rohde and Schwarz GmbH and Co. KG
  • National Instruments Corporation
  • Fluke Corporation
  • Craftsman
  • Adlink Technology Inc.
  • HIOKI E.E. Corporation
  • Mastech Digital Inc.
  • Greenlee Tools
  • Ideal Industries Inc.
  • Teledyne LeCroy Inc.
  • TPI Corporation
  • Etekcity
  • Giga-Tronics Incorporated
  • Rigol Technologies Inc.
  • GW Instek
  • Amprobe
  • AEMC Instruments
  • Simpson Electric Company
  • Sanwa Electric Instrument Co. Ltd.
  • B&K Precision Corporation
  • Extech Instruments Corporation
  • Chauvin Arnoux Group
  • Gossen Metrawatt GmbH
  • AstroAI Corporation
  • Innova Corporation

Table Information