Market Overview:
The global digital ohmmeter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for handheld type digital ohmmeters from laboratory and commercial applications, and the growing demand for bench-top type digital ohmmeters from industrial applications. Additionally, the increasing adoption of digital ohmmeters in emerging economies is also contributing to the growth of this market. However, fluctuations in prices of raw materials used in manufacturing these products may restrain the growth of this market during the forecast period.
Product Definition:
A digital ohmmeter is an electronic device that measures the resistance of a material between two points. It is important for testing electrical circuits and diagnosing problems with them.
Handheld Type:
Handheld type is a device that can be used to measure the resistance between two points in an analog or digital circuit. It is also known as a multimeter, Voltmeter, and Ohmmeter. The most common form of handheld devices consists of two metal probes with thin wires connected to them.
Bench-top Type:
The bench-top type is used to measure the resistance between two points in an analog fashion. It can be used for measuring resistivity of various substances such as metals, ceramics, and polymers. The most common form of bench-top type is multimeters which are available in different forms such as digital multimeter (DMM), precision voltage meter (PVM) and general purpose meter (GPM).
Application Insights:
The laboratory application segment led the global digital ohmmeter market in 2017 and is anticipated to maintain its dominance over the forecast period. This can be attributed to a rising number of R&D laboratories that require advanced measurement devices. Furthermore, an increase in spending on research and development activities by various manufacturers for developing innovative products is also expected to drive the demand for these instruments in laboratories across the globe.
Commercial application segment was valued at USD 281.5 million in 2017 owing to increasing use of ohmmeters by commercial institutions such as power plants, oil & gas companies, airports, etc. These are used for measuring resistive loads or Wheatstone bridges that consist of two resistors connected together with a bridge circuit that measures current flowing through it when a voltage is applied across both resistors.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D activities and technological advancements in laboratories, industrial plants, and commercial facilities across the U.S., as well as Canada. Moreover, rising demand for energy-efficient products has resulted in manufacturers focusing on product innovations with low power consumption features that comply with environmental regulations set by regulatory bodies such as EPA (U.S.), CSA (Canada), and EEA (Europe).
Growth Factors:
- Increasing demand for digital ohmmeters from the automotive industry as they are used to test the electrical resistance of a circuit or component.
- Rising demand for digital ohmmeters from the telecommunication sector as they are used to measure and identify faults in telephone lines, cables, and other communication systems.
- Growing popularity of portable devices that has led to an increase in demand for small and lightweight digital ohmmeters.
- Rapid advancements in technology that have resulted in the development of new and innovative types of digital ohmmeters.
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Ohmmeter Market Research Report
By Type
Handheld Type, Bench-top Type, Others
By Application
Laboratory, Commercial, Industrial
By Companies
Fluke, Keysight Technologies, Rohde & Schwarz, Gossen Metrawatt, Klein Tools, FLIR, B&K Precision, HIOKI, Chauvin Arnoux Group, UNI-T, Fluke, GW Instek
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
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Digital Ohmmeter Market Report Segments:
The global Digital Ohmmeter market is segmented on the basis of:
Types
Handheld Type, Bench-top Type, Others
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
Laboratory, Commercial, Industrial
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
- Keysight Technologies
- Rohde & Schwarz
- Gossen Metrawatt
- Klein Tools
- FLIR
- B&K Precision
- HIOKI
- Chauvin Arnoux Group
- UNI-T
- Fluke
- GW Instek
Highlights of The Digital Ohmmeter 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:
- Handheld Type
- Bench-top Type
- Others
- By Application:
- Laboratory
- Commercial
- Industrial
- 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 Ohmmeter 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?
A digital ohmmeter is a device used to measure the resistance of an electrical circuit. It typically consists of a display screen and two metal probes that are inserted into the circuit. The user presses a button to start the measurement, and then reads the displayed value on the screen.
Some of the major players in the digital ohmmeter market are Fluke, Keysight Technologies, Rohde & Schwarz, Gossen Metrawatt, Klein Tools, FLIR, B&K Precision, HIOKI, Chauvin Arnoux Group, UNI-T, Fluke, GW Instek.
The digital ohmmeter market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital Ohmmeter Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Digital Ohmmeter Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Digital Ohmmeter Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Digital Ohmmeter Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Digital Ohmmeter Market Size & Forecast, 2018-2028 4.5.1 Digital Ohmmeter Market Size and Y-o-Y Growth 4.5.2 Digital Ohmmeter Market Absolute $ Opportunity
Chapter 5 Global Digital Ohmmeter Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Digital Ohmmeter Market Size Forecast by Type
5.2.1 Handheld Type
5.2.2 Bench-top Type
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Digital Ohmmeter Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Digital Ohmmeter Market Size Forecast by Applications
6.2.1 Laboratory
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital Ohmmeter Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Digital Ohmmeter Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Digital Ohmmeter Analysis and Forecast
9.1 Introduction
9.2 North America Digital Ohmmeter Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Digital Ohmmeter Market Size Forecast by Type
9.6.1 Handheld Type
9.6.2 Bench-top Type
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Digital Ohmmeter Market Size Forecast by Applications
9.10.1 Laboratory
9.10.2 Commercial
9.10.3 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Digital Ohmmeter Analysis and Forecast
10.1 Introduction
10.2 Europe Digital Ohmmeter Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Digital Ohmmeter Market Size Forecast by Type
10.6.1 Handheld Type
10.6.2 Bench-top Type
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Digital Ohmmeter Market Size Forecast by Applications
10.10.1 Laboratory
10.10.2 Commercial
10.10.3 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Digital Ohmmeter Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Digital Ohmmeter Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Digital Ohmmeter Market Size Forecast by Type
11.6.1 Handheld Type
11.6.2 Bench-top Type
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Digital Ohmmeter Market Size Forecast by Applications
11.10.1 Laboratory
11.10.2 Commercial
11.10.3 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Digital Ohmmeter Analysis and Forecast
12.1 Introduction
12.2 Latin America Digital Ohmmeter Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Digital Ohmmeter Market Size Forecast by Type
12.6.1 Handheld Type
12.6.2 Bench-top Type
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Digital Ohmmeter Market Size Forecast by Applications
12.10.1 Laboratory
12.10.2 Commercial
12.10.3 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Digital Ohmmeter Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Digital Ohmmeter Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Digital Ohmmeter Market Size Forecast by Type
13.6.1 Handheld Type
13.6.2 Bench-top Type
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Digital Ohmmeter Market Size Forecast by Applications
13.10.1 Laboratory
13.10.2 Commercial
13.10.3 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Digital Ohmmeter Market: Competitive Dashboard
14.2 Global Digital Ohmmeter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fluke
14.3.2 Keysight Technologies
14.3.3 Rohde & Schwarz
14.3.4 Gossen Metrawatt
14.3.5 Klein Tools
14.3.6 FLIR
14.3.7 B&K Precision
14.3.8 HIOKI
14.3.9 Chauvin Arnoux Group
14.3.10 UNI-T
14.3.11 Fluke
14.3.12 GW Instek