A multimeter or a multitester, also known as a VOM (volt-ohm-milliammeter), is an electronic measuring instrument that combines several measurement functions in one unit. A typical multimeter can measure voltage, current, and resistance. Analog multimeters use a microammeter with a moving pointer to display readings. Digital multimeters (DMM, DVOM) have a numeric display, and may also show a graphical bar representing the measured value. Digital multimeters are now far more common due to their cost and precision, but analog multimeters are still preferable in some cases, for example when monitoring a rapidly varying value.
A multimeter can be a hand-held device useful for basic fault finding and field service work, or a bench instrument which can measure to a very high degree of accuracy. They can be used to troubleshoot electrical problems in a wide array of industrial and household devices such as electronic equipment, motor controls, domestic appliances, power supplies, and wiring systems.
Multimeters are available in a wide range of features and prices. Cheap multimeters can cost less than US$10, while General Purpose-grade models with certified calibration can cost more than US$5,000.
Scope of the Report:This report focuses on the Handheld Digital Multimeter in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Primary driver for Digital Multimeter market is the multi functionality and features such as accuracy, flexible to use, portability, dual display resolution, and Lifetime warranty. These features and multi functionality expected to increase the demand for Digital Multimeter. Adoption electronic devices across many industry verticals is increasing steadily year on year. This development made the digital multimeterÕs usage by electrical professionals to measure the voltage, current and resistance of electronics devices also increasing.
The worldwide market for Handheld Digital Multimeter is expected to grow at a CAGR of roughly 5.2% over the next five years, will reach 730 million US$ in 2023, from 540 million US$ in 2017, according to a new study.
Market Segment by Manufacturers, this report covers Fluke
Keysight Technologies
FLIR Systems
Yokogawa
HIOKI
Chauvin Arnoux Group
Klein Tools
Amprobe
B&K Precision
Mastech Digital
Uni-Trend Technology
CEM
Shen Zhen Victor Hi-tech
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers 3.5 Digit
4.5 Digit
Others
Market Segment by Applications, can be divided into Industrial
General Purpose
Others
There are 15 Chapters to deeply display the global Handheld Digital Multimeter market.
Chapter 1, to describe Handheld Digital Multimeter Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Handheld Digital Multimeter, with sales, revenue, and price of Handheld Digital Multimeter, in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Handheld Digital Multimeter, for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, Handheld Digital Multimeter market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026;
Chapter 13, 14 and 15, to describe Handheld Digital Multimeter sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
