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Global Multimeter Market Research Report 2024
Synopsis
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. It is a standard diagnostic tool for technicians in the electrical/electronic industries.
The global Multimeter market was valued at US$ 1062.2 million in 2023 and is anticipated to reach US$ 1294 million by 2030, witnessing a CAGR of 2.8% during the forecast period 2024-2030.
Currently, there are plenty of producing companies in the world. The Global market main players are 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. and so on.
In the production market, the Largest production region is China, with the production market share is 54% and the revenue market share is 30%.
China is the largest consumption country of Multimeters, with a sales market share nearly 35%.The second region is North America, following China with the sales market share of 20%.
Multimeters used in Industrial Manufacturing, Commercial and Public Utilities. Report data showed that 60% of the Multimeters market demand in Industrial Manufacturing.
There are main three kinds of Multimeters, which are Handheld Type, Bench-top Type and others. Handheld Type is important in the Multimeters, with a Production market share nearly 79%.
This report aims to provide a comprehensive presentation of the global market for 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 Multimeter.
Report Scope
The Multimeter market size, estimations, and forecasts are provided in terms of output/shipments (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 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 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
Fluke Corporation
Keysight
FLIR
Rohde & Schwarz
Victor
UNI-T
HIOKI
Chauvin Arnoux Group
Klein Tools
B&K Precision Corporation
CEM
Gossen Metrawatt
Prokits Industries
Mastech Group
GW Instek
Sata
Triplett
Leierda
Metrel
Segment by Type
Handheld
Bench-top
Others
Segment by Application
Automotive
Manufacturing
Energy
Residential
Commercial
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
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 Multimeter manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of 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 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.
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. It is a standard diagnostic tool for technicians in the electrical/electronic industries.
The global Multimeter market was valued at US$ 1062.2 million in 2023 and is anticipated to reach US$ 1294 million by 2030, witnessing a CAGR of 2.8% during the forecast period 2024-2030.
Currently, there are plenty of producing companies in the world. The Global market main players are 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. and so on.
In the production market, the Largest production region is China, with the production market share is 54% and the revenue market share is 30%.
China is the largest consumption country of Multimeters, with a sales market share nearly 35%.The second region is North America, following China with the sales market share of 20%.
Multimeters used in Industrial Manufacturing, Commercial and Public Utilities. Report data showed that 60% of the Multimeters market demand in Industrial Manufacturing.
There are main three kinds of Multimeters, which are Handheld Type, Bench-top Type and others. Handheld Type is important in the Multimeters, with a Production market share nearly 79%.
This report aims to provide a comprehensive presentation of the global market for 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 Multimeter.
Report Scope
The Multimeter market size, estimations, and forecasts are provided in terms of output/shipments (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 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 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
Fluke Corporation
Keysight
FLIR
Rohde & Schwarz
Victor
UNI-T
HIOKI
Chauvin Arnoux Group
Klein Tools
B&K Precision Corporation
CEM
Gossen Metrawatt
Prokits Industries
Mastech Group
GW Instek
Sata
Triplett
Leierda
Metrel
Segment by Type
Handheld
Bench-top
Others
Segment by Application
Automotive
Manufacturing
Energy
Residential
Commercial
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
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 Multimeter manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of 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 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 Multimeter Market Overview
1.1 Product Definition
1.2 Multimeter Segment by Type
1.2.1 Global Multimeter Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Handheld
1.2.3 Bench-top
1.2.4 Others
1.3 Multimeter Segment by Application
1.3.1 Global Multimeter Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Automotive
1.3.3 Manufacturing
1.3.4 Energy
1.3.5 Residential
1.3.6 Commercial
1.3.7 Others
1.4 Global Market Growth Prospects
1.4.1 Global Multimeter Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Multimeter Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Multimeter Production Estimates and Forecasts (2019-2030)
1.4.4 Global Multimeter Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Multimeter Production Market Share by Manufacturers (2019-2024)
2.2 Global Multimeter Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Multimeter, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Multimeter Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Multimeter Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Multimeter, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Multimeter, Product Offered and Application
2.8 Global Key Manufacturers of Multimeter, Date of Enter into This Industry
2.9 Multimeter Market Competitive Situation and Trends
2.9.1 Multimeter Market Concentration Rate
2.9.2 Global 5 and 10 Largest Multimeter Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Multimeter Production by Region
3.1 Global Multimeter Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Multimeter Production Value by Region (2019-2030)
3.2.1 Global Multimeter Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Multimeter by Region (2025-2030)
3.3 Global Multimeter Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Multimeter Production by Region (2019-2030)
3.4.1 Global Multimeter Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Multimeter by Region (2025-2030)
3.5 Global Multimeter Market Price Analysis by Region (2019-2024)
3.6 Global Multimeter Production and Value, Year-over-Year Growth
3.6.1 North America Multimeter Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Multimeter Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Multimeter Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Multimeter Production Value Estimates and Forecasts (2019-2030)
4 Multimeter Consumption by Region
4.1 Global Multimeter Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Multimeter Consumption by Region (2019-2030)
4.2.1 Global Multimeter Consumption by Region (2019-2024)
4.2.2 Global Multimeter Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Multimeter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Multimeter Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Multimeter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe 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 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Multimeter Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific 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 Multimeter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Multimeter Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Multimeter Production by Type (2019-2030)
5.1.1 Global Multimeter Production by Type (2019-2024)
5.1.2 Global Multimeter Production by Type (2025-2030)
5.1.3 Global Multimeter Production Market Share by Type (2019-2030)
5.2 Global Multimeter Production Value by Type (2019-2030)
5.2.1 Global Multimeter Production Value by Type (2019-2024)
5.2.2 Global Multimeter Production Value by Type (2025-2030)
5.2.3 Global Multimeter Production Value Market Share by Type (2019-2030)
5.3 Global Multimeter Price by Type (2019-2030)
6 Segment by Application
6.1 Global Multimeter Production by Application (2019-2030)
6.1.1 Global Multimeter Production by Application (2019-2024)
6.1.2 Global Multimeter Production by Application (2025-2030)
6.1.3 Global Multimeter Production Market Share by Application (2019-2030)
6.2 Global Multimeter Production Value by Application (2019-2030)
6.2.1 Global Multimeter Production Value by Application (2019-2024)
6.2.2 Global Multimeter Production Value by Application (2025-2030)
6.2.3 Global Multimeter Production Value Market Share by Application (2019-2030)
6.3 Global Multimeter Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Fluke Corporation
7.1.1 Fluke Corporation Multimeter Corporation Information
7.1.2 Fluke Corporation Multimeter Product Portfolio
7.1.3 Fluke Corporation Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Fluke Corporation Main Business and Markets Served
7.1.5 Fluke Corporation Recent Developments/Updates
7.2 Keysight
7.2.1 Keysight Multimeter Corporation Information
7.2.2 Keysight Multimeter Product Portfolio
7.2.3 Keysight Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Keysight Main Business and Markets Served
7.2.5 Keysight Recent Developments/Updates
7.3 FLIR
7.3.1 FLIR Multimeter Corporation Information
7.3.2 FLIR Multimeter Product Portfolio
7.3.3 FLIR Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.3.4 FLIR Main Business and Markets Served
7.3.5 FLIR Recent Developments/Updates
7.4 Rohde & Schwarz
7.4.1 Rohde & Schwarz Multimeter Corporation Information
7.4.2 Rohde & Schwarz Multimeter Product Portfolio
7.4.3 Rohde & Schwarz Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Rohde & Schwarz Main Business and Markets Served
7.4.5 Rohde & Schwarz Recent Developments/Updates
7.5 Victor
7.5.1 Victor Multimeter Corporation Information
7.5.2 Victor Multimeter Product Portfolio
7.5.3 Victor Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Victor Main Business and Markets Served
7.5.5 Victor Recent Developments/Updates
7.6 UNI-T
7.6.1 UNI-T Multimeter Corporation Information
7.6.2 UNI-T Multimeter Product Portfolio
7.6.3 UNI-T Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.6.4 UNI-T Main Business and Markets Served
7.6.5 UNI-T Recent Developments/Updates
7.7 HIOKI
7.7.1 HIOKI Multimeter Corporation Information
7.7.2 HIOKI Multimeter Product Portfolio
7.7.3 HIOKI Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.7.4 HIOKI Main Business and Markets Served
7.7.5 HIOKI Recent Developments/Updates
7.8 Chauvin Arnoux Group
7.8.1 Chauvin Arnoux Group Multimeter Corporation Information
7.8.2 Chauvin Arnoux Group Multimeter Product Portfolio
7.8.3 Chauvin Arnoux Group Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Chauvin Arnoux Group Main Business and Markets Served
7.7.5 Chauvin Arnoux Group Recent Developments/Updates
7.9 Klein Tools
7.9.1 Klein Tools Multimeter Corporation Information
7.9.2 Klein Tools Multimeter Product Portfolio
7.9.3 Klein Tools Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Klein Tools Main Business and Markets Served
7.9.5 Klein Tools Recent Developments/Updates
7.10 B&K Precision Corporation
7.10.1 B&K Precision Corporation Multimeter Corporation Information
7.10.2 B&K Precision Corporation Multimeter Product Portfolio
7.10.3 B&K Precision Corporation Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.10.4 B&K Precision Corporation Main Business and Markets Served
7.10.5 B&K Precision Corporation Recent Developments/Updates
7.11 CEM
7.11.1 CEM Multimeter Corporation Information
7.11.2 CEM Multimeter Product Portfolio
7.11.3 CEM Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.11.4 CEM Main Business and Markets Served
7.11.5 CEM Recent Developments/Updates
7.12 Gossen Metrawatt
7.12.1 Gossen Metrawatt Multimeter Corporation Information
7.12.2 Gossen Metrawatt Multimeter Product Portfolio
7.12.3 Gossen Metrawatt Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Gossen Metrawatt Main Business and Markets Served
7.12.5 Gossen Metrawatt Recent Developments/Updates
7.13 Prokits Industries
7.13.1 Prokits Industries Multimeter Corporation Information
7.13.2 Prokits Industries Multimeter Product Portfolio
7.13.3 Prokits Industries Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Prokits Industries Main Business and Markets Served
7.13.5 Prokits Industries Recent Developments/Updates
7.14 Mastech Group
7.14.1 Mastech Group Multimeter Corporation Information
7.14.2 Mastech Group Multimeter Product Portfolio
7.14.3 Mastech Group Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Mastech Group Main Business and Markets Served
7.14.5 Mastech Group Recent Developments/Updates
7.15 GW Instek
7.15.1 GW Instek Multimeter Corporation Information
7.15.2 GW Instek Multimeter Product Portfolio
7.15.3 GW Instek Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.15.4 GW Instek Main Business and Markets Served
7.15.5 GW Instek Recent Developments/Updates
7.16 Sata
7.16.1 Sata Multimeter Corporation Information
7.16.2 Sata Multimeter Product Portfolio
7.16.3 Sata Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Sata Main Business and Markets Served
7.16.5 Sata Recent Developments/Updates
7.17 Triplett
7.17.1 Triplett Multimeter Corporation Information
7.17.2 Triplett Multimeter Product Portfolio
7.17.3 Triplett Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Triplett Main Business and Markets Served
7.17.5 Triplett Recent Developments/Updates
7.18 Leierda
7.18.1 Leierda Multimeter Corporation Information
7.18.2 Leierda Multimeter Product Portfolio
7.18.3 Leierda Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Leierda Main Business and Markets Served
7.18.5 Leierda Recent Developments/Updates
7.19 Metrel
7.19.1 Metrel Multimeter Corporation Information
7.19.2 Metrel Multimeter Product Portfolio
7.19.3 Metrel Multimeter Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Metrel Main Business and Markets Served
7.19.5 Metrel Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Multimeter Industry Chain Analysis
8.2 Multimeter Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Multimeter Production Mode & Process
8.4 Multimeter Sales and Marketing
8.4.1 Multimeter Sales Channels
8.4.2 Multimeter Distributors
8.5 Multimeter Customers
9 Multimeter Market Dynamics
9.1 Multimeter Industry Trends
9.2 Multimeter Market Drivers
9.3 Multimeter Market Challenges
9.4 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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