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Global Electronic Multimeter Market Research Report 2024
Synopsis
An electronic multimeter is a digital instrument used to convert and display analog data in digital form. It processes data through an input signal conversion section, an A/D (analog-to-digital) conversion circuit, and a display section, ultimately showing the data on an LCD monitor.
Different A/D conversion circuits, such as sequential comparison type, parallel comparison type, and integral type, are used in electronic multimeters based on their specific applications.
The global Electronic Multimeter market was valued at US$ 2413 million in 2023 and is anticipated to reach US$ 3350.6 million by 2030, witnessing a CAGR of 4.8% during the forecast period 2024-2030.
The global market for electronic multimeters is expected to witness significant growth in the coming years. Electronic multimeters are widely used in various industries such as electronics, automotive, aerospace, and telecommunications, among others. They are used for measuring voltage, current, and resistance in electrical circuits.
One of the key drivers of the market is the increasing demand for electronic multimeters in the electronics industry. With the growing adoption of electronic devices such as smartphones, tablets, and laptops, the need for accurate and reliable measurement tools has also increased. Electronic multimeters provide precise measurements, making them essential for testing and troubleshooting electronic circuits.
The automotive industry is another major consumer of electronic multimeters. These devices are used for diagnosing and repairing electrical systems in vehicles. With the increasing complexity of automotive electrical systems, the demand for advanced multimeters with additional features such as temperature measurement and data logging is also growing.
The aerospace industry is also expected to contribute to the growth of the electronic multimeter market. Multimeters are used for testing and maintenance of electrical systems in aircraft and spacecraft. The need for accurate measurement tools in this industry is crucial for ensuring the safety and reliability of the electrical systems.
In terms of geography, Asia Pacific is expected to dominate the electronic multimeter market. The region is witnessing rapid industrialization and urbanization, leading to increased demand for electronic devices and electrical equipment. Countries like China, Japan, and South Korea are major manufacturing hubs for electronics and automotive industries, driving the demand for electronic multimeters.
North America and Europe are also significant markets for electronic multimeters. The presence of established industries such as automotive, aerospace, and telecommunications in these regions contributes to the demand for multimeters. Additionally, the increasing focus on renewable energy sources and the need for efficient power management systems are expected to drive the market in these regions.
This report aims to provide a comprehensive presentation of the global market for Electronic 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 Electronic Multimeter.
Report Scope
The Electronic Multimeter market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electronic Multimeter market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electronic Multimeter manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Keysight Technologies
HIOKI E.E. CORPORATION
Electronics Specialties, Inc.
Shinko Technos
HellermannTyton
Tes Electronical Electronic Corp
Klemsan
Kurth Electronic GmbH
Segment by Type
Battery-Powered
Mains-Powered
Segment by Application
Industrial
Communications
Laboratory
Others
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Netherlands
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electronic Multimeter manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electronic Multimeter by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electronic 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
An electronic multimeter is a digital instrument used to convert and display analog data in digital form. It processes data through an input signal conversion section, an A/D (analog-to-digital) conversion circuit, and a display section, ultimately showing the data on an LCD monitor.
Different A/D conversion circuits, such as sequential comparison type, parallel comparison type, and integral type, are used in electronic multimeters based on their specific applications.
The global Electronic Multimeter market was valued at US$ 2413 million in 2023 and is anticipated to reach US$ 3350.6 million by 2030, witnessing a CAGR of 4.8% during the forecast period 2024-2030.
The global market for electronic multimeters is expected to witness significant growth in the coming years. Electronic multimeters are widely used in various industries such as electronics, automotive, aerospace, and telecommunications, among others. They are used for measuring voltage, current, and resistance in electrical circuits.
One of the key drivers of the market is the increasing demand for electronic multimeters in the electronics industry. With the growing adoption of electronic devices such as smartphones, tablets, and laptops, the need for accurate and reliable measurement tools has also increased. Electronic multimeters provide precise measurements, making them essential for testing and troubleshooting electronic circuits.
The automotive industry is another major consumer of electronic multimeters. These devices are used for diagnosing and repairing electrical systems in vehicles. With the increasing complexity of automotive electrical systems, the demand for advanced multimeters with additional features such as temperature measurement and data logging is also growing.
The aerospace industry is also expected to contribute to the growth of the electronic multimeter market. Multimeters are used for testing and maintenance of electrical systems in aircraft and spacecraft. The need for accurate measurement tools in this industry is crucial for ensuring the safety and reliability of the electrical systems.
In terms of geography, Asia Pacific is expected to dominate the electronic multimeter market. The region is witnessing rapid industrialization and urbanization, leading to increased demand for electronic devices and electrical equipment. Countries like China, Japan, and South Korea are major manufacturing hubs for electronics and automotive industries, driving the demand for electronic multimeters.
North America and Europe are also significant markets for electronic multimeters. The presence of established industries such as automotive, aerospace, and telecommunications in these regions contributes to the demand for multimeters. Additionally, the increasing focus on renewable energy sources and the need for efficient power management systems are expected to drive the market in these regions.
This report aims to provide a comprehensive presentation of the global market for Electronic 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 Electronic Multimeter.
Report Scope
The Electronic Multimeter market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electronic Multimeter market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electronic Multimeter manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Keysight Technologies
HIOKI E.E. CORPORATION
Electronics Specialties, Inc.
Shinko Technos
HellermannTyton
Tes Electronical Electronic Corp
Klemsan
Kurth Electronic GmbH
Segment by Type
Battery-Powered
Mains-Powered
Segment by Application
Industrial
Communications
Laboratory
Others
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Netherlands
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electronic Multimeter manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electronic Multimeter by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electronic 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Index1 Electronic Multimeter Market Overview
1.1 Product Definition
1.2 Electronic Multimeter Segment by Type
1.2.1 Global Electronic Multimeter Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Battery-Powered
1.2.3 Mains-Powered
1.3 Electronic Multimeter Segment by Application
1.3.1 Global Electronic Multimeter Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Industrial
1.3.3 Communications
1.3.4 Laboratory
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Electronic Multimeter Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Electronic Multimeter Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Electronic Multimeter Production Estimates and Forecasts (2019-2030)
1.4.4 Global Electronic Multimeter Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Electronic Multimeter Production Market Share by Manufacturers (2019-2024)
2.2 Global Electronic Multimeter Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Electronic Multimeter, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Electronic Multimeter Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Electronic Multimeter Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Electronic Multimeter, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Electronic Multimeter, Product Offered and Application
2.8 Global Key Manufacturers of Electronic Multimeter, Date of Enter into This Industry
2.9 Electronic Multimeter Market Competitive Situation and Trends
2.9.1 Electronic Multimeter Market Concentration Rate
2.9.2 Global 5 and 10 Largest Electronic Multimeter Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Electronic Multimeter Production by Region
3.1 Global Electronic Multimeter Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Electronic Multimeter Production Value by Region (2019-2030)
3.2.1 Global Electronic Multimeter Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Electronic Multimeter by Region (2025-2030)
3.3 Global Electronic Multimeter Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Electronic Multimeter Production by Region (2019-2030)
3.4.1 Global Electronic Multimeter Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Electronic Multimeter by Region (2025-2030)
3.5 Global Electronic Multimeter Market Price Analysis by Region (2019-2024)
3.6 Global Electronic Multimeter Production and Value, Year-over-Year Growth
3.6.1 North America Electronic Multimeter Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Electronic Multimeter Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Electronic Multimeter Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Electronic Multimeter Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Electronic Multimeter Production Value Estimates and Forecasts (2019-2030)
4 Electronic Multimeter Consumption by Region
4.1 Global Electronic Multimeter Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Electronic Multimeter Consumption by Region (2019-2030)
4.2.1 Global Electronic Multimeter Consumption by Region (2019-2024)
4.2.2 Global Electronic Multimeter Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Electronic Multimeter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Electronic Multimeter Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Electronic Multimeter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Electronic Multimeter Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Electronic Multimeter Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Electronic Multimeter Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Electronic Multimeter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Electronic Multimeter Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Electronic Multimeter Production by Type (2019-2030)
5.1.1 Global Electronic Multimeter Production by Type (2019-2024)
5.1.2 Global Electronic Multimeter Production by Type (2025-2030)
5.1.3 Global Electronic Multimeter Production Market Share by Type (2019-2030)
5.2 Global Electronic Multimeter Production Value by Type (2019-2030)
5.2.1 Global Electronic Multimeter Production Value by Type (2019-2024)
5.2.2 Global Electronic Multimeter Production Value by Type (2025-2030)
5.2.3 Global Electronic Multimeter Production Value Market Share by Type (2019-2030)
5.3 Global Electronic Multimeter Price by Type (2019-2030)
6 Segment by Application
6.1 Global Electronic Multimeter Production by Application (2019-2030)
6.1.1 Global Electronic Multimeter Production by Application (2019-2024)
6.1.2 Global Electronic Multimeter Production by Application (2025-2030)
6.1.3 Global Electronic Multimeter Production Market Share by Application (2019-2030)
6.2 Global Electronic Multimeter Production Value by Application (2019-2030)
6.2.1 Global Electronic Multimeter Production Value by Application (2019-2024)
6.2.2 Global Electronic Multimeter Production Value by Application (2025-2030)
6.2.3 Global Electronic Multimeter Production Value Market Share by Application (2019-2030)
6.3 Global Electronic Multimeter Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Keysight Technologies
7.1.1 Keysight Technologies Electronic Multimeter Corporation Information
7.1.2 Keysight Technologies Electronic Multimeter Product Portfolio
7.1.3 Keysight Technologies Electronic Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Keysight Technologies Main Business and Markets Served
7.1.5 Keysight Technologies Recent Developments/Updates
7.2 HIOKI E.E. CORPORATION
7.2.1 HIOKI E.E. CORPORATION Electronic Multimeter Corporation Information
7.2.2 HIOKI E.E. CORPORATION Electronic Multimeter Product Portfolio
7.2.3 HIOKI E.E. CORPORATION Electronic Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.2.4 HIOKI E.E. CORPORATION Main Business and Markets Served
7.2.5 HIOKI E.E. CORPORATION Recent Developments/Updates
7.3 Electronics Specialties, Inc.
7.3.1 Electronics Specialties, Inc. Electronic Multimeter Corporation Information
7.3.2 Electronics Specialties, Inc. Electronic Multimeter Product Portfolio
7.3.3 Electronics Specialties, Inc. Electronic Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Electronics Specialties, Inc. Main Business and Markets Served
7.3.5 Electronics Specialties, Inc. Recent Developments/Updates
7.4 Shinko Technos
7.4.1 Shinko Technos Electronic Multimeter Corporation Information
7.4.2 Shinko Technos Electronic Multimeter Product Portfolio
7.4.3 Shinko Technos Electronic Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Shinko Technos Main Business and Markets Served
7.4.5 Shinko Technos Recent Developments/Updates
7.5 HellermannTyton
7.5.1 HellermannTyton Electronic Multimeter Corporation Information
7.5.2 HellermannTyton Electronic Multimeter Product Portfolio
7.5.3 HellermannTyton Electronic Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.5.4 HellermannTyton Main Business and Markets Served
7.5.5 HellermannTyton Recent Developments/Updates
7.6 Tes Electronical Electronic Corp
7.6.1 Tes Electronical Electronic Corp Electronic Multimeter Corporation Information
7.6.2 Tes Electronical Electronic Corp Electronic Multimeter Product Portfolio
7.6.3 Tes Electronical Electronic Corp Electronic Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Tes Electronical Electronic Corp Main Business and Markets Served
7.6.5 Tes Electronical Electronic Corp Recent Developments/Updates
7.7 Klemsan
7.7.1 Klemsan Electronic Multimeter Corporation Information
7.7.2 Klemsan Electronic Multimeter Product Portfolio
7.7.3 Klemsan Electronic Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Klemsan Main Business and Markets Served
7.7.5 Klemsan Recent Developments/Updates
7.8 Kurth Electronic GmbH
7.8.1 Kurth Electronic GmbH Electronic Multimeter Corporation Information
7.8.2 Kurth Electronic GmbH Electronic Multimeter Product Portfolio
7.8.3 Kurth Electronic GmbH Electronic Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Kurth Electronic GmbH Main Business and Markets Served
7.7.5 Kurth Electronic GmbH Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Electronic Multimeter Industry Chain Analysis
8.2 Electronic Multimeter Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Electronic Multimeter Production Mode & Process
8.4 Electronic Multimeter Sales and Marketing
8.4.1 Electronic Multimeter Sales Channels
8.4.2 Electronic Multimeter Distributors
8.5 Electronic Multimeter Customers
9 Electronic Multimeter Market Dynamics
9.1 Electronic Multimeter Industry Trends
9.2 Electronic Multimeter Market Drivers
9.3 Electronic Multimeter Market Challenges
9.4 Electronic Multimeter Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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