Report overview
A digital multimeter (DMM) is a test tool used to measure two or more electrical values?principally voltage (volts), current (amps) and resistance (ohms). It is a standard diagnostic tool for technicians in the electrical/electronic industries.
This report aims to provide a comprehensive presentation of the global market for Digital Multimeter, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Digital Multimeter. This report contains market size and forecasts of Digital Multimeter in global, including the following market information:
Global Digital Multimeter Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Digital Multimeter Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Digital Multimeter companies in 2022 (%)
The global Digital Multimeter market was valued at US$ 1279 million in 2022 and is projected to reach US$ 1621.2 million by 2029, at a CAGR of 3.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Digital Multimeter key players include Victor, UNI-T, Fluke Corporation, etc. Global top three manufacturers hold a share about 15%.
China is the largest market, with a share about 35%, followed by Europe, and North America, both have a share over 35 percent.
In terms of product, Handheld Type is the largest segment, with a share over 80%. And in terms of application, the largest application is Industrial Manufacturing, followed by Commercial, Public Utilities, etc.
We surveyed the Digital Multimeter manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Digital Multimeter Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Digital Multimeter Market Segment Percentages, by Type, 2022 (%)
Handheld
Bench-Top
Others
Global Digital Multimeter Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Digital Multimeter Market Segment Percentages, by Application, 2022 (%)
Industrial Manufacturing
Commercial
Public Utilities
Global Digital Multimeter Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Digital Multimeter Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Digital Multimeter revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Digital Multimeter revenues share in global market, 2022 (%)
Key companies Digital Multimeter sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Digital Multimeter sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Fluke Corporation
Keysight
FLIR
Rohde & Schwarz
Victor
UNI-T
HIOKI
Chauvin Arnoux Group
Klein Tools
B&K Precision Corporation
CEM
Gossen Metrawatt
Prokits Industries Co., LTD
Mastech Group
GW Instek
Sata
Triplett
Leierda
Metrel d.d.
Outline of Major Chapters:
Chapter 1: Introduces the definition of Digital Multimeter, market overview.
Chapter 2: Global Digital Multimeter market size in revenue and volume.
Chapter 3: Detailed analysis of Digital Multimeter manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Digital Multimeter in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Digital Multimeter capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
