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Digital Multimeter-Global Market Insights and Sales Trends 2025
Synopsis
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.
The global Digital Multimeter market size is expected to reach US$ 1596.9 million by 2029, growing at a CAGR of 3.6% from 2023 to 2029. The market is mainly driven by the significant applications of Digital Multimeter in various end use industries. The expanding demands from the Industrial Manufacturing, Commercial and Public Utilities,, are propelling Digital Multimeter market. Handheld, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Bench-Top segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Digital Multimeter, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Digital Multimeter market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Digital Multimeter market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Digital Multimeter sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Digital Multimeter covered in this report include Fluke Corporation, Keysight, FLIR, Rohde & Schwarz, Victor, UNI-T, HIOKI, Chauvin Arnoux Group and Klein Tools, etc.
The global Digital Multimeter market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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.
Global Digital Multimeter market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Digital Multimeter market, Segment by Type:
Handheld
Bench-Top
Others
Global Digital Multimeter market, by Application
Industrial Manufacturing
Commercial
Public Utilities
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Digital Multimeter manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Digital Multimeter in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global Digital Multimeter market size is expected to reach US$ 1596.9 million by 2029, growing at a CAGR of 3.6% from 2023 to 2029. The market is mainly driven by the significant applications of Digital Multimeter in various end use industries. The expanding demands from the Industrial Manufacturing, Commercial and Public Utilities,, are propelling Digital Multimeter market. Handheld, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Bench-Top segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Digital Multimeter, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Digital Multimeter market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Digital Multimeter market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Digital Multimeter sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Digital Multimeter covered in this report include Fluke Corporation, Keysight, FLIR, Rohde & Schwarz, Victor, UNI-T, HIOKI, Chauvin Arnoux Group and Klein Tools, etc.
The global Digital Multimeter market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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.
Global Digital Multimeter market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Digital Multimeter market, Segment by Type:
Handheld
Bench-Top
Others
Global Digital Multimeter market, by Application
Industrial Manufacturing
Commercial
Public Utilities
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Digital Multimeter manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Digital Multimeter in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Digital Multimeter Market Overview
1.1 Digital Multimeter Product Overview
1.2 Digital Multimeter Market Segment by Type
1.2.1 Handheld
1.2.2 Bench-Top
1.2.3 Others
1.3 Global Digital Multimeter Market Size by Type
1.3.1 Global Digital Multimeter Market Size Overview by Type (2018-2029)
1.3.2 Global Digital Multimeter Historic Market Size Review by Type (2018-2023)
1.3.3 Global Digital Multimeter Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Digital Multimeter Sales Breakdown by Type (2018-2023)
1.4.2 Europe Digital Multimeter Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Digital Multimeter Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Digital Multimeter Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Digital Multimeter Sales Breakdown by Type (2018-2023)
2 Global Digital Multimeter Market Competition by Company
2.1 Global Top Players by Digital Multimeter Sales (2018-2023)
2.2 Global Top Players by Digital Multimeter Revenue (2018-2023)
2.3 Global Top Players by Digital Multimeter Price (2018-2023)
2.4 Global Top Manufacturers Digital Multimeter Manufacturing Base Distribution, Sales Area, Product Type
2.5 Digital Multimeter Market Competitive Situation and Trends
2.5.1 Digital Multimeter Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Digital Multimeter Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Digital Multimeter as of 2022)
2.7 Date of Key Manufacturers Enter into Digital Multimeter Market
2.8 Key Manufacturers Digital Multimeter Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Digital Multimeter Status and Outlook by Region
3.1 Global Digital Multimeter Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Digital Multimeter Historic Market Size by Region
3.2.1 Global Digital Multimeter Sales in Volume by Region (2018-2023)
3.2.2 Global Digital Multimeter Sales in Value by Region (2018-2023)
3.2.3 Global Digital Multimeter Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Digital Multimeter Forecasted Market Size by Region
3.3.1 Global Digital Multimeter Sales in Volume by Region (2024-2029)
3.3.2 Global Digital Multimeter Sales in Value by Region (2024-2029)
3.3.3 Global Digital Multimeter Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Digital Multimeter by Application
4.1 Digital Multimeter Market Segment by Application
4.1.1 Industrial Manufacturing
4.1.2 Commercial
4.1.3 Public Utilities
4.2 Global Digital Multimeter Market Size by Application
4.2.1 Global Digital Multimeter Market Size Overview by Application (2018-2029)
4.2.2 Global Digital Multimeter Historic Market Size Review by Application (2018-2023)
4.2.3 Global Digital Multimeter Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Digital Multimeter Sales Breakdown by Application (2018-2023)
4.3.2 Europe Digital Multimeter Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Digital Multimeter Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Digital Multimeter Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Digital Multimeter Sales Breakdown by Application (2018-2023)
5 North America Digital Multimeter by Country
5.1 North America Digital Multimeter Historic Market Size by Country
5.1.1 North America Digital Multimeter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Digital Multimeter Sales in Volume by Country (2018-2023)
5.1.3 North America Digital Multimeter Sales in Value by Country (2018-2023)
5.2 North America Digital Multimeter Forecasted Market Size by Country
5.2.1 North America Digital Multimeter Sales in Volume by Country (2024-2029)
5.2.2 North America Digital Multimeter Sales in Value by Country (2024-2029)
6 Europe Digital Multimeter by Country
6.1 Europe Digital Multimeter Historic Market Size by Country
6.1.1 Europe Digital Multimeter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Digital Multimeter Sales in Volume by Country (2018-2023)
6.1.3 Europe Digital Multimeter Sales in Value by Country (2018-2023)
6.2 Europe Digital Multimeter Forecasted Market Size by Country
6.2.1 Europe Digital Multimeter Sales in Volume by Country (2024-2029)
6.2.2 Europe Digital Multimeter Sales in Value by Country (2024-2029)
7 Asia-Pacific Digital Multimeter by Region
7.1 Asia-Pacific Digital Multimeter Historic Market Size by Region
7.1.1 Asia-Pacific Digital Multimeter Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Digital Multimeter Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Digital Multimeter Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Digital Multimeter Forecasted Market Size by Region
7.2.1 Asia-Pacific Digital Multimeter Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Digital Multimeter Sales in Value by Region (2024-2029)
8 Latin America Digital Multimeter by Country
8.1 Latin America Digital Multimeter Historic Market Size by Country
8.1.1 Latin America Digital Multimeter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Digital Multimeter Sales in Volume by Country (2018-2023)
8.1.3 Latin America Digital Multimeter Sales in Value by Country (2018-2023)
8.2 Latin America Digital Multimeter Forecasted Market Size by Country
8.2.1 Latin America Digital Multimeter Sales in Volume by Country (2024-2029)
8.2.2 Latin America Digital Multimeter Sales in Value by Country (2024-2029)
9 Middle East and Africa Digital Multimeter by Country
9.1 Middle East and Africa Digital Multimeter Historic Market Size by Country
9.1.1 Middle East and Africa Digital Multimeter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Digital Multimeter Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Digital Multimeter Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Digital Multimeter Forecasted Market Size by Country
9.2.1 Middle East and Africa Digital Multimeter Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Digital Multimeter Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Fluke Corporation
10.1.1 Fluke Corporation Company Information
10.1.2 Fluke Corporation Introduction and Business Overview
10.1.3 Fluke Corporation Digital Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Fluke Corporation Digital Multimeter Products Offered
10.1.5 Fluke Corporation Recent Development
10.2 Keysight
10.2.1 Keysight Company Information
10.2.2 Keysight Introduction and Business Overview
10.2.3 Keysight Digital Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Keysight Digital Multimeter Products Offered
10.2.5 Keysight Recent Development
10.3 FLIR
10.3.1 FLIR Company Information
10.3.2 FLIR Introduction and Business Overview
10.3.3 FLIR Digital Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.3.4 FLIR Digital Multimeter Products Offered
10.3.5 FLIR Recent Development
10.4 Rohde & Schwarz
10.4.1 Rohde & Schwarz Company Information
10.4.2 Rohde & Schwarz Introduction and Business Overview
10.4.3 Rohde & Schwarz Digital Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Rohde & Schwarz Digital Multimeter Products Offered
10.4.5 Rohde & Schwarz Recent Development
10.5 Victor
10.5.1 Victor Company Information
10.5.2 Victor Introduction and Business Overview
10.5.3 Victor Digital Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Victor Digital Multimeter Products Offered
10.5.5 Victor Recent Development
10.6 UNI-T
10.6.1 UNI-T Company Information
10.6.2 UNI-T Introduction and Business Overview
10.6.3 UNI-T Digital Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.6.4 UNI-T Digital Multimeter Products Offered
10.6.5 UNI-T Recent Development
10.7 HIOKI
10.7.1 HIOKI Company Information
10.7.2 HIOKI Introduction and Business Overview
10.7.3 HIOKI Digital Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.7.4 HIOKI Digital Multimeter Products Offered
10.7.5 HIOKI Recent Development
10.8 Chauvin Arnoux Group
10.8.1 Chauvin Arnoux Group Company Information
10.8.2 Chauvin Arnoux Group Introduction and Business Overview
10.8.3 Chauvin Arnoux Group Digital Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Chauvin Arnoux Group Digital Multimeter Products Offered
10.8.5 Chauvin Arnoux Group Recent Development
10.9 Klein Tools
10.9.1 Klein Tools Company Information
10.9.2 Klein Tools Introduction and Business Overview
10.9.3 Klein Tools Digital Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Klein Tools Digital Multimeter Products Offered
10.9.5 Klein Tools Recent Development
10.10 B&K Precision Corporation
10.10.1 B&K Precision Corporation Company Information
10.10.2 B&K Precision Corporation Introduction and Business Overview
10.10.3 B&K Precision Corporation Digital Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.10.4 B&K Precision Corporation Digital Multimeter Products Offered
10.10.5 B&K Precision Corporation Recent Development
10.11 CEM
10.11.1 CEM Company Information
10.11.2 CEM Introduction and Business Overview
10.11.3 CEM Digital Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.11.4 CEM Digital Multimeter Products Offered
10.11.5 CEM Recent Development
10.12 Gossen Metrawatt
10.12.1 Gossen Metrawatt Company Information
10.12.2 Gossen Metrawatt Introduction and Business Overview
10.12.3 Gossen Metrawatt Digital Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Gossen Metrawatt Digital Multimeter Products Offered
10.12.5 Gossen Metrawatt Recent Development
10.13 Prokits Industries Co., LTD
10.13.1 Prokits Industries Co., LTD Company Information
10.13.2 Prokits Industries Co., LTD Introduction and Business Overview
10.13.3 Prokits Industries Co., LTD Digital Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Prokits Industries Co., LTD Digital Multimeter Products Offered
10.13.5 Prokits Industries Co., LTD Recent Development
10.14 Mastech Group
10.14.1 Mastech Group Company Information
10.14.2 Mastech Group Introduction and Business Overview
10.14.3 Mastech Group Digital Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Mastech Group Digital Multimeter Products Offered
10.14.5 Mastech Group Recent Development
10.15 GW Instek
10.15.1 GW Instek Company Information
10.15.2 GW Instek Introduction and Business Overview
10.15.3 GW Instek Digital Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.15.4 GW Instek Digital Multimeter Products Offered
10.15.5 GW Instek Recent Development
10.16 Sata
10.16.1 Sata Company Information
10.16.2 Sata Introduction and Business Overview
10.16.3 Sata Digital Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Sata Digital Multimeter Products Offered
10.16.5 Sata Recent Development
10.17 Triplett
10.17.1 Triplett Company Information
10.17.2 Triplett Introduction and Business Overview
10.17.3 Triplett Digital Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Triplett Digital Multimeter Products Offered
10.17.5 Triplett Recent Development
10.18 Leierda
10.18.1 Leierda Company Information
10.18.2 Leierda Introduction and Business Overview
10.18.3 Leierda Digital Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Leierda Digital Multimeter Products Offered
10.18.5 Leierda Recent Development
10.19 Metrel d.d.
10.19.1 Metrel d.d. Company Information
10.19.2 Metrel d.d. Introduction and Business Overview
10.19.3 Metrel d.d. Digital Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Metrel d.d. Digital Multimeter Products Offered
10.19.5 Metrel d.d. Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Digital Multimeter Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Digital Multimeter Industrial Chain Analysis
11.4 Digital Multimeter Market Dynamics
11.4.1 Digital Multimeter Industry Trends
11.4.2 Digital Multimeter Market Drivers
11.4.3 Digital Multimeter Market Challenges
11.4.4 Digital Multimeter Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Digital Multimeter Distributors
12.3 Digital Multimeter Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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