The global digital multimeters market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for digital multimeters in various industries such as manufacturing, electronic, and general industrial test. Digital multimeters are used in various industries for measuring voltage, current, resistance and other parameters. The increasing demand for these devices is due to their accuracy and ease of use.
- The increasing demand for digital multimeters in the market is a major factor that is driving the growth of this market.
- The increasing number of accidents and incidents in industries such as oil and gas, power generation, chemical processing, and mining are also driving the growth of this market.
- The need to comply with safety standards such as IEC 60950-1:2005+A11:2009+A12:2011+A13:2013 is also driving the growth of this market.
- The need to comply with environmental regulations such as ISO 14001:2004 is also driving the growth of this market.
- Increasing awareness about safety standards among end users.
Industry Growth Insights published a new data on “Digital Multimeters Market”. The research report is titled “Digital Multimeters Market research by Types (Manual Range, Automatic Range, Automatic-Manual Range), By Applications (Electronic, General Industrial Test, Machinery Industry, Manufacturing Industry), By Players/Companies Fluke, UNI-T, Shen Zhen Victor Hi-tech, Xinling, MASTECH, HIOKI, Agilent, Atten Technology, Pro’skit, Leierda, B&K Precision, Amprobe, FLIR, Klein Tools, Triplett, AEMC”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Multimeters Market Research Report
By Type
Manual Range, Automatic Range, Automatic-Manual Range
By Application
Electronic, General Industrial Test, Machinery Industry, Manufacturing Industry
By Companies
Fluke, UNI-T, Shen Zhen Victor Hi-tech, Xinling, MASTECH, HIOKI, Agilent, Atten Technology, Pro’skit, Leierda, B&K Precision, Amprobe, FLIR, Klein Tools, Triplett, AEMC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Digital Multimeters Market Report Segments:
The global Digital Multimeters market is segmented on the basis of:
Types
Manual Range, Automatic Range, Automatic-Manual Range
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronic, General Industrial Test, Machinery Industry, Manufacturing Industry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fluke
- UNI-T
- Shen Zhen Victor Hi-tech
- Xinling
- MASTECH
- HIOKI
- Agilent
- Atten Technology
- Pro’skit
- Leierda
- B&K Precision
- Amprobe
- FLIR
- Klein Tools
- Triplett
- AEMC
Highlights of The Digital Multimeters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Manual Range
- Automatic Range
- Automatic-Manual Range
- By Application:
- Electronic
- General Industrial Test
- Machinery Industry
- Manufacturing Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Multimeters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Digital multimeters are instruments that measure voltage, current, resistance and other electrical properties. They can be used to test electronic devices and circuits or to diagnose problems with electrical systems.
Some of the major players in the digital multimeters market are Fluke, UNI-T, Shen Zhen Victor Hi-tech, Xinling, MASTECH, HIOKI, Agilent, Atten Technology, Pro¢â‚¬â„¢skit, Leierda, B&K Precision, Amprobe, FLIR, Klein Tools, Triplett, AEMC.
The digital multimeters market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Digital Multimeters Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Digital Multimeters Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Digital Multimeters Market - Supply Chain
4.5. Global Digital Multimeters Market Forecast
4.5.1. Digital Multimeters Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Digital Multimeters Market Size (000 Units) and Y-o-Y Growth
4.5.3. Digital Multimeters Market Absolute $ Opportunity
5. Global Digital Multimeters Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Digital Multimeters Market Size and Volume Forecast by Type
5.3.1. Manual Range
5.3.2. Automatic Range
5.3.3. Automatic-Manual Range
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Digital Multimeters Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Digital Multimeters Market Size and Volume Forecast by Application
6.3.1. Electronic
6.3.2. General Industrial Test
6.3.3. Machinery Industry
6.3.4. Manufacturing Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Digital Multimeters Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Digital Multimeters Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Digital Multimeters Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Digital Multimeters Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Digital Multimeters Demand Share Forecast, 2019-2026
9. North America Digital Multimeters Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Digital Multimeters Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Digital Multimeters Market Size and Volume Forecast by Application
9.4.1. Electronic
9.4.2. General Industrial Test
9.4.3. Machinery Industry
9.4.4. Manufacturing Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Digital Multimeters Market Size and Volume Forecast by Type
9.7.1. Manual Range
9.7.2. Automatic Range
9.7.3. Automatic-Manual Range
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Digital Multimeters Demand Share Forecast, 2019-2026
10. Latin America Digital Multimeters Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Digital Multimeters Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Digital Multimeters Market Size and Volume Forecast by Application
10.4.1. Electronic
10.4.2. General Industrial Test
10.4.3. Machinery Industry
10.4.4. Manufacturing Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Digital Multimeters Market Size and Volume Forecast by Type
10.7.1. Manual Range
10.7.2. Automatic Range
10.7.3. Automatic-Manual Range
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Digital Multimeters Demand Share Forecast, 2019-2026
11. Europe Digital Multimeters Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Digital Multimeters Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Digital Multimeters Market Size and Volume Forecast by Application
11.4.1. Electronic
11.4.2. General Industrial Test
11.4.3. Machinery Industry
11.4.4. Manufacturing Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Digital Multimeters Market Size and Volume Forecast by Type
11.7.1. Manual Range
11.7.2. Automatic Range
11.7.3. Automatic-Manual Range
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Digital Multimeters Demand Share, 2019-2026
12. Asia Pacific Digital Multimeters Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Digital Multimeters Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Digital Multimeters Market Size and Volume Forecast by Application
12.4.1. Electronic
12.4.2. General Industrial Test
12.4.3. Machinery Industry
12.4.4. Manufacturing Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Digital Multimeters Market Size and Volume Forecast by Type
12.7.1. Manual Range
12.7.2. Automatic Range
12.7.3. Automatic-Manual Range
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Digital Multimeters Demand Share, 2019-2026
13. Middle East & Africa Digital Multimeters Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Digital Multimeters Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Digital Multimeters Market Size and Volume Forecast by Application
13.4.1. Electronic
13.4.2. General Industrial Test
13.4.3. Machinery Industry
13.4.4. Manufacturing Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Digital Multimeters Market Size and Volume Forecast by Type
13.7.1. Manual Range
13.7.2. Automatic Range
13.7.3. Automatic-Manual Range
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Digital Multimeters Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Digital Multimeters Market: Market Share Analysis
14.2. Digital Multimeters Distributors and Customers
14.3. Digital Multimeters Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fluke
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. UNI-T
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Shen Zhen Victor Hi-tech
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Xinling
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MASTECH
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. HIOKI
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Agilent
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Atten Technology
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Proskit
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Leierda
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. B&K Precision
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Amprobe
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. FLIR
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Klein Tools
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Triplett
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. AEMC
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
