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Multimeter-Global Market Insights and Sales Trends 2025

Multimeter-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1856127

No of Pages : 112

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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 size is expected to reach US$ 1294 million by 2029, growing at a CAGR of 2.8% from 2023 to 2029. The market is mainly driven by the significant applications of Multimeter in various end use industries. The expanding demands from the Automotive, Manufacturing, Energy and Residential, are propelling 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.
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%.
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 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 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 Multimeter market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, 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 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 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
Mastech Group
GW Instek
Sata
Triplett
Leierda
Metrel
Global 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 Multimeter market, Segment by Type:
Handheld
Bench-top
Others
Global Multimeter market, by Application
Automotive
Manufacturing
Energy
Residential
Commercial
Others
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 Multimeter manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of 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.
Index
1 Multimeter Market Overview
1.1 Multimeter Product Overview
1.2 Multimeter Market Segment by Type
1.2.1 Handheld
1.2.2 Bench-top
1.2.3 Others
1.3 Global Multimeter Market Size by Type
1.3.1 Global Multimeter Market Size Overview by Type (2018-2029)
1.3.2 Global Multimeter Historic Market Size Review by Type (2018-2023)
1.3.3 Global Multimeter Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Multimeter Sales Breakdown by Type (2018-2023)
1.4.2 Europe Multimeter Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Multimeter Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Multimeter Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Multimeter Sales Breakdown by Type (2018-2023)
2 Global Multimeter Market Competition by Company
2.1 Global Top Players by Multimeter Sales (2018-2023)
2.2 Global Top Players by Multimeter Revenue (2018-2023)
2.3 Global Top Players by Multimeter Price (2018-2023)
2.4 Global Top Manufacturers Multimeter Manufacturing Base Distribution, Sales Area, Product Type
2.5 Multimeter Market Competitive Situation and Trends
2.5.1 Multimeter Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by 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 Multimeter as of 2022)
2.7 Date of Key Manufacturers Enter into Multimeter Market
2.8 Key Manufacturers Multimeter Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Multimeter Status and Outlook by Region
3.1 Global Multimeter Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Multimeter Historic Market Size by Region
3.2.1 Global Multimeter Sales in Volume by Region (2018-2023)
3.2.2 Global Multimeter Sales in Value by Region (2018-2023)
3.2.3 Global Multimeter Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Multimeter Forecasted Market Size by Region
3.3.1 Global Multimeter Sales in Volume by Region (2024-2029)
3.3.2 Global Multimeter Sales in Value by Region (2024-2029)
3.3.3 Global Multimeter Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Multimeter by Application
4.1 Multimeter Market Segment by Application
4.1.1 Automotive
4.1.2 Manufacturing
4.1.3 Energy
4.1.4 Residential
4.1.5 Commercial
4.1.6 Others
4.2 Global Multimeter Market Size by Application
4.2.1 Global Multimeter Market Size Overview by Application (2018-2029)
4.2.2 Global Multimeter Historic Market Size Review by Application (2018-2023)
4.2.3 Global Multimeter Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Multimeter Sales Breakdown by Application (2018-2023)
4.3.2 Europe Multimeter Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Multimeter Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Multimeter Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Multimeter Sales Breakdown by Application (2018-2023)
5 North America Multimeter by Country
5.1 North America Multimeter Historic Market Size by Country
5.1.1 North America Multimeter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Multimeter Sales in Volume by Country (2018-2023)
5.1.3 North America Multimeter Sales in Value by Country (2018-2023)
5.2 North America Multimeter Forecasted Market Size by Country
5.2.1 North America Multimeter Sales in Volume by Country (2024-2029)
5.2.2 North America Multimeter Sales in Value by Country (2024-2029)
6 Europe Multimeter by Country
6.1 Europe Multimeter Historic Market Size by Country
6.1.1 Europe Multimeter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Multimeter Sales in Volume by Country (2018-2023)
6.1.3 Europe Multimeter Sales in Value by Country (2018-2023)
6.2 Europe Multimeter Forecasted Market Size by Country
6.2.1 Europe Multimeter Sales in Volume by Country (2024-2029)
6.2.2 Europe Multimeter Sales in Value by Country (2024-2029)
7 Asia-Pacific Multimeter by Region
7.1 Asia-Pacific Multimeter Historic Market Size by Region
7.1.1 Asia-Pacific Multimeter Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Multimeter Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Multimeter Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Multimeter Forecasted Market Size by Region
7.2.1 Asia-Pacific Multimeter Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Multimeter Sales in Value by Region (2024-2029)
8 Latin America Multimeter by Country
8.1 Latin America Multimeter Historic Market Size by Country
8.1.1 Latin America Multimeter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Multimeter Sales in Volume by Country (2018-2023)
8.1.3 Latin America Multimeter Sales in Value by Country (2018-2023)
8.2 Latin America Multimeter Forecasted Market Size by Country
8.2.1 Latin America Multimeter Sales in Volume by Country (2024-2029)
8.2.2 Latin America Multimeter Sales in Value by Country (2024-2029)
9 Middle East and Africa Multimeter by Country
9.1 Middle East and Africa Multimeter Historic Market Size by Country
9.1.1 Middle East and Africa Multimeter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Multimeter Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Multimeter Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Multimeter Forecasted Market Size by Country
9.2.1 Middle East and Africa Multimeter Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa 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 Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Fluke Corporation 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 Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Keysight 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 Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.3.4 FLIR 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 Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Rohde & Schwarz 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 Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Victor 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 Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.6.4 UNI-T 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 Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.7.4 HIOKI 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 Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Chauvin Arnoux Group 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 Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Klein Tools 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 Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.10.4 B&K Precision Corporation 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 Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.11.4 CEM 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 Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Gossen Metrawatt Multimeter Products Offered
10.12.5 Gossen Metrawatt Recent Development
10.13 Prokits Industries
10.13.1 Prokits Industries Company Information
10.13.2 Prokits Industries Introduction and Business Overview
10.13.3 Prokits Industries Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Prokits Industries Multimeter Products Offered
10.13.5 Prokits Industries 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 Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Mastech Group 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 Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.15.4 GW Instek 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 Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Sata 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 Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Triplett 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 Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Leierda Multimeter Products Offered
10.18.5 Leierda Recent Development
10.19 Metrel
10.19.1 Metrel Company Information
10.19.2 Metrel Introduction and Business Overview
10.19.3 Metrel Multimeter Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Metrel Multimeter Products Offered
10.19.5 Metrel Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 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 Multimeter Industrial Chain Analysis
11.4 Multimeter Market Dynamics
11.4.1 Multimeter Industry Trends
11.4.2 Multimeter Market Drivers
11.4.3 Multimeter Market Challenges
11.4.4 Multimeter Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Multimeter Distributors
12.3 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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