Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Multimeters Market by Type (Portable, Fixed), By Application (Temperature and Environmental Measurements, Voltage Measurements, Current Measurements, Resistance Measurements, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Multimeters Market by Type (Portable, Fixed), By Application (Temperature and Environmental Measurements, Voltage Measurements, Current Measurements, Resistance Measurements, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 202701 3300 Machinery & Equipment 377 247 Pages 4.5 (36)
                                          

The global multimeters market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for multimeters in various industries such as automotive, aerospace and defense, oil and gas, power generation and distribution, medical devices manufacturing, semiconductor manufacturing equipment manufacturing and others. The portable type segment is expected to account for the largest share of the global multimeters market during the forecast period due to its high portability feature which makes it easy for users to carry them around without any hassle. The fixed type segment is expected to account for a small share of this market due its high installation cost which makes it difficult for users who are looking for a low-cost solution with good accuracy level.

Some Of The Growth Factors Of This Market:

  1. The increasing demand for multimeters in the automotive industry is a major factor driving the growth of this market.
  2. The increasing need for accurate and reliable measurements in various industries is also a major factor driving the growth of this market.
  3. The growing need to measure voltage, current, resistance, and other parameters in electrical systems is another factor that will drive the growth of this market over the forecast period.
  4. Increasing investments by governments and private companies into research and development activities related to multimeters are also expected to fuel the growth of this market over the forecast period.
  5. Increasing awareness about safety standards among consumers will be another key driver for this market's growth over the forecast period.

Industry Growth Insights published a new data on “Multimeters Market”. The research report is titled “Multimeters Market research by Types (Portable, Fixed), By Applications (Temperature and Environmental Measurements, Voltage Measurements, Current Measurements, Resistance Measurements, Others), By Players/Companies Fluke, Agilent, Mastech, Amprobe, Klein Tools, Extech Instruments, Stanley Black & Decker, Tacklife”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Multimeters Market Research Report

By Type

Portable, Fixed

By Application

Temperature and Environmental Measurements, Voltage Measurements, Current Measurements, Resistance Measurements, Others

By Companies

Fluke, Agilent, Mastech, Amprobe, Klein Tools, Extech Instruments, Stanley Black & Decker, Tacklife

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

247

Number of Tables & Figures

173

Customization Available

Yes, the report can be customized as per your need.


Global Multimeters Industry Outlook


Global Multimeters Market Report Segments:

The global Multimeters market is segmented on the basis of:

Types

Portable, Fixed

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

Temperature and Environmental Measurements, Voltage Measurements, Current Measurements, Resistance Measurements, Others

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:

  1. Fluke
  2. Agilent
  3. Mastech
  4. Amprobe
  5. Klein Tools
  6. Extech Instruments
  7. Stanley Black & Decker
  8. Tacklife

Global Multimeters Market Overview


Highlights of The Multimeters Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Portable
    2. Fixed
  1. By Application:

    1. Temperature and Environmental Measurements
    2. Voltage Measurements
    3. Current Measurements
    4. Resistance Measurements
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the 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.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Multimeters Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A multimeter is a tool used to measure electrical voltages and currents. It can also be used to test electronic components and circuits.

Some of the major companies in the multimeters market are Fluke, Agilent, Mastech, Amprobe, Klein Tools, Extech Instruments, Stanley Black & Decker, Tacklife.

The 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. 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. Multimeters Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Multimeters Market - Supply Chain
   4.5. Global Multimeters Market Forecast
      4.5.1. Multimeters Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Multimeters Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Multimeters Market Absolute $ Opportunity

5. Global 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. Multimeters Market Size and Volume Forecast by Type
      5.3.1. Portable
      5.3.2. Fixed
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global 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. Multimeters Market Size and Volume Forecast by Application
      6.3.1. Temperature and Environmental Measurements
      6.3.2. Voltage Measurements
      6.3.3. Current Measurements
      6.3.4. Resistance Measurements
      6.3.5. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global 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. 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 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. 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 Multimeters Demand Share Forecast, 2019-2026

9. North America 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 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 Multimeters Market Size and Volume Forecast by Application
      9.4.1. Temperature and Environmental Measurements
      9.4.2. Voltage Measurements
      9.4.3. Current Measurements
      9.4.4. Resistance Measurements
      9.4.5. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Multimeters Market Size and Volume Forecast by Type
      9.7.1. Portable
      9.7.2. Fixed
   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 Multimeters Demand Share Forecast, 2019-2026

10. Latin America 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 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 Multimeters Market Size and Volume Forecast by Application
      10.4.1. Temperature and Environmental Measurements
      10.4.2. Voltage Measurements
      10.4.3. Current Measurements
      10.4.4. Resistance Measurements
      10.4.5. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Multimeters Market Size and Volume Forecast by Type
      10.7.1. Portable
      10.7.2. Fixed
   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 Multimeters Demand Share Forecast, 2019-2026

11. Europe 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 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 Multimeters Market Size and Volume Forecast by Application
      11.4.1. Temperature and Environmental Measurements
      11.4.2. Voltage Measurements
      11.4.3. Current Measurements
      11.4.4. Resistance Measurements
      11.4.5. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Multimeters Market Size and Volume Forecast by Type
      11.7.1. Portable
      11.7.2. Fixed
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projetions 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 Multimeters Demand Share, 2019-2026

12. Asia Pacific 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 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 Multimeters Market Size and Volume Forecast by Application
      12.4.1. Temperature and Environmental Measurements
      12.4.2. Voltage Measurements
      12.4.3. Current Measurements
      12.4.4. Resistance Measurements
      12.4.5. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Multimeters Market Size and Volume Forecast by Type
      12.7.1. Portable
      12.7.2. Fixed
   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 Multimeters Demand Share, 2019-2026

13. Middle East & Africa 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 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 Multimeters Market Size and Volume Forecast by Application
      13.4.1. Temperature and Environmental Measurements
      13.4.2. Voltage Measurements
      13.4.3. Current Measurements
      13.4.4. Resistance Measurements
      13.4.5. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Multimeters Market Size and Volume Forecast by Type
      13.7.1. Portable
      13.7.2. Fixed
   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 Multimeters Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Multimeters Market: Market Share Analysis
   14.2. Multimeters Distributors and Customers
   14.3. 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. Agilent
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Mastech
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Amprobe
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Klein Tools
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Extech Instruments
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Stanley Black & Decker
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Tacklife
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. COMPANY9
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         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

Our Trusted Clients

Contact Us