Digital Multimeter Market Research Report- Global Forecast 2023

Global Digital Multimeter Market, By Type (Handheld, Bench-Top, Mounted), By Digital Type (Autoranging, Clamp Digital, Fluke Digital), By End Users (Automotive, Manufacturing, Energy, Residential, Commercial) - Forecast 2023

ID: MRFR/ICT/3056-HCR | February 2021 | Region: Global | 100 pages

Market Synopsis of Global Digital Multimeter Market: Market Scenario: The companies such as Fluke Corporation (U.S.), Innova Electronics Corporation (U.S.), Klein Tools (U.S.), Amprobe (U.S), Mastech Digital (U.S.), are the leading manufacturers of digital multimeter in the market.  Fluke Corporation announced the enhancement by enabling users to store document, and analyze individual measurements to its bench digital millimeter via FlukeView Forms software and it also increases the power of digital multimeter.


 The factors that drive the growth market are the increasing adoption of electronic devices by the people. The digital multimeter are multifunctional features, dual display resolution and others. The multi-functionality digital multimeter is expected to grow with high demand in the market as it measures with high accuracy and low cost. It has certain limitations regarding its short variations in voltages may cause equipment to shut down.


The global digital multimeter market are bifurcated on the basis of types, digital types, end users and region. The types are segmented into handheld, bench-top, mounted, and others. The digital types are segmented into autoranging, clamp digital, fluke digital and others. The end users are segmented automotive, manufacturing, energy industry, residential, commercial and others. The region includes North America, Europe, Asia Pacific and rest of the world.


The regional analysis of digital multimeter market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world in terms of market share in digital multimeter market as it has huge demand as it is widely used in the electronics industry for electronic measurement. The digital multimeter market in Europe region is expected to witness rapid growth in the forthcoming period. Whereas, Asia-Pacific countries like China, Japan and India is an emerging market for digital multimeter market and expected to be the highest CAGR in the coming years as the companies are taking interest in targeting the digital multimeter in these market to meet the requirement of customers’ need.     


The global digital multimeter market is expected to grow at USD ~1 Billion by 2023, at ~3% of CAGR between 2017 and 2023.


Global Digital Multimeter Market Digital Multimeter Market


Segments: The global digital multimeter market has been segmented on the basis of types, digital types, end users and region.


Global Digital multimeter Market By Type:



  • Handheld

  • Bench-top

  • Mounted

  • Others


 


Global Digital multimeter Market By digital Types:



  • Auto ranging

  • Clamp Digital

  • Fluke Digital

  • Others


Global Digital multimeter Market By End Users:



  • Automotive

  • Manufacturing

  • Energy

  • Residential

  • Commercial

  • Others


Global Digital multimeter Market By Regions:



  • North America

  • Europe

  • APAC

  • Rest Of The World


 


Key Players: The prominent players in the global digital multimeter market are – Fluke Corporation (U.S.), Innova Electronics Corporation (U.S.), Klein Tools (U.S.), Amprobe (U.S), Mastech Digital (U.S.), Extech Instrument (U.S.), UNI-T (China), Rohde & Schwarz GmbH & Co KG (Germany), Kaito Electronics, Inc. (U.S), Etekcity Corporation (U.S.) and among others.


 


Intended Audience



  • Digital multimeter companies

  • Digital multimeter providers

  • Professional service providers

  • Digital multimeter providers

  • Research and development companies

  • Market research and consulting firms

  • Solution providers

  • Technology standards organizations

  • Technology investors

  • System Integrators


 



Frequently Asked Questions (FAQ) :


Adoption of multiple features of multimeters and dual displays can drive the global digital multimeter market.

Asia Pacific is expected to be highly lucrative for the global digital multimeter market.

North America leads in the global digital multimeter market.

The global digital multimeter market valuation can touch USD 1 billion by 2023.

The global digital multimeter market is expected to enjoy a CAGR of 3% from 2017 to 2023.

Innova Electronics Corporation, Mastech Digital, Amprobe, Fluke Corporation, Extech Instrument, Etekcity Corporation, UNI-T, Klein Tools, Kaito Electronics, Inc., and Rohde & Schwarz GmbH & Co KG are key players of the global digital multimeter market.

TABLE OF CONTENTS

1 MARKET INTRODUCTION

1.1 INTRODUCTION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS

1.2.3 LIMITATIONS

1.3 MARKET STRUCTURE:

1.3.1 GLOBAL DIGITAL MULTIMETER MARKET: BY TYPES

1.3.2 GLOBAL DIGITAL MULTIMETER MARKET: BY DIGITAL TYPE

1.3.3 GLOBAL DIGITAL MULTIMETER MARKET: BY END-USER

1.3.4 GLOBAL DIGITAL MULTIMETER MARKET: BY REGION

2 RESEARCH METHODOLOGY

2.1 RESEARCH

2.2 PRIMARY RESEARCH

2.3 SECONDARY RESEARCH

2.4 FORECAST MODEL

3 MARKET DYNAMICS

3.1 INTRODUCTION

3.2 MARKET DRIVERS

3.3 MARKET CHALLENGES

3.4 MARKET OPPORTUNITIES

4 EXECUTIVE SUMMARY

5. MARKET FACTOR ANALYSIS

5.1 PORTER’S FIVE FORCES ANALYSIS

5.2 SUPPLY CHAIN ANALYSIS

6 DIGITAL MULTIMETER MARKET

6.1 INTRODUCTION

6.2 MARKET STATISTICS

6.2.1 BY TYPES

6.2.1.1 HANDHELD

6.2.1.2 MOUNTED

6.2.1.3 BENCH-TOP

6.2.1.4 OTHERS

6.2.2 BY DIGITAL TYPE

6.2.2.1 AUTORANGING

6.2.2.2 FLUKE DIGITAL

6.2.2.3 CLAMP DIGITAL

6.2.2.4 OTHERS

6.2.3 BY END-USER

6.2.3.1 AUTOMOTIVE

6.2.3.2 COMMERCIAL

6.2.3.3 RESIDENTIAL

6.2.3.3 ENERGY INDUSTRY

6.2.3.4 MANUFACTURING

6.2.3.5 OTHERS

6.2.4 BY REGION

6.2.4.1 NORTH AMERICA

6.2.4.1.1 U.S

6.2.4.1.2 CANADA

6.2.4.1.3 MEXICO

6.2.4.2 EUROPE

6.2.4.2.1 U.K

6.2.4.2.2 ITALY

6.2.4.2.3 GERMANY

6.2.4.2.4 FRANCE

6.2.4.2.5 REST OF THE EUROPE

6.2.4.3 ASIA PACIFIC

6.2.4.2.1 CHINA

6.2.4.2.2 INDIA

6.2.4.2.3 JAPAN

6.2.4.2.4 REST OF THE APAC

6.2.4.4 REST OF THE WORLD

6.2.4.2.1 MIDDLE EAST

6.2.4.2.2 AFRICA

6.2.4.2.3 LATIN AMERICA

7 COMPANY PROFILES

7.1 FLUKE CORPORATION (U.S.)

7.2 INNOVA ELECTRONICS (U.S.)

7.3 KLEIN TOOLS (U.S.)

7.4 KAITO ELECTRONICS, INC. (U.S)

7.5 ETEKCITY CORPORATION (U.S.)

7.6 EXTECH INSTRUMENT (U.S.)

7.7 CRAFTSMAN (U.S)

7.8 MASTECH DIGITAL (U.S)

7.9 AMPROBE (U.S)

7.10 CRENOVA (INDIA)

7.11 OTHERS
LIST OF TABLES

TABLE 1 DIGITAL MULTIMETER MARKET, BY TYPES

TABLE 2 DIGITAL MULTIMETER MARKET, BY DIGITAL TYPE

TABLE 3 DIGITAL MULTIMETER MARKET, BY END-USER

TABLE 4 DIGITAL MULTIMETER MARKET, BY REGIONS

TABLE 5 NORTH AMERICA DIGITAL MULTIMETER MARKET, BY TYPES

TABLE 6 NORTH AMERICA DIGITAL MULTIMETER MARKET, BY DIGITAL TYPE

TABLE 7 NORTH AMERICA DIGITAL MULTIMETER MARKET, BY END-USER

TABLE 8 NORTH AMERICA DIGITAL MULTIMETER MARKET, BY REGION

TABLE 9 EUROPE DIGITAL MULTIMETER MARKET, BY TYPES

TABLE 10 EUROPE DIGITAL MULTIMETER MARKET, BY DIGITAL TYPE

TABLE 11 EUROPE DIGITAL MULTIMETER MARKET, BY END-USER

TABLE 12 EUROPE DIGITAL MULTIMETER MARKET, BY REGION

TABLE 13 U.K. DIGITAL MULTIMETER MARKET, BY TYPES

TABLE 14 U.K. DIGITAL MULTIMETER MARKET, BY DIGITAL TYPE

TABLE 15 U.K. DIGITAL MULTIMETER MARKET, BY END-USER

TABLE 16 U.K. DIGITAL MULTIMETER MARKET, BY REGION

TABLE 17 ASIA-PACIFIC DIGITAL MULTIMETER MARKET, BY TYPES

TABLE 18 ASIA-PACIFIC DIGITAL MULTIMETER MARKET, BY DIGITAL TYPE

TABLE 19 ASIA-PACIFIC DIGITAL MULTIMETER MARKET, BY END-USER

TABLE 20 ASIA-PACIFIC DIGITAL MULTIMETER MARKET, BY REGION

TABLE 21 REST OF WORLD DIGITAL MULTIMETER MARKET, BY TYPES

TABLE 22 REST OF WORLD DIGITAL MULTIMETER MARKET, BY DIGITAL TYPE

TABLE 23 REST OF WORLD DIGITAL MULTIMETER MARKET, BY END-USER

TABLE 24 REST OF WORLD DIGITAL MULTIMETER MARKET, BY REGION
LIST OF FIGURES

FIGURE 1 RESEARCH METHODOLOGY

FIGURE 2 DIGITAL MULTIMETER MARKET: BY TYPES (%)

FIGURE 3 DIGITAL MULTIMETER MARKET: BY DIGITAL TYPE (%)

FIGURE 4 DIGITAL MULTIMETER MARKET: BY END-USER (%)

FIGURE 5 DIGITAL MULTIMETER MARKET: BY REGION (%)

FIGURE 6 NORTH AMERICA DIGITAL MULTIMETER MARKET, BY TYPES (%)

FIGURE 7 NORTH AMERICA DIGITAL MULTIMETER MARKET, BY DIGITAL TYPE (%)

FIGURE 8 NORTH AMERICA DIGITAL MULTIMETER MARKET, BY END-USER (%)

FIGURE 9 NORTH AMERICA DIGITAL MULTIMETER MARKET, BY REGION (%)

FIGURE 10 EUROPE DIGITAL MULTIMETER MARKET, BY TYPES (%)

FIGURE 11 EUROPE DIGITAL MULTIMETER MARKET, BY DIGITAL TYPE (%)

FIGURE 12 EUROPE DIGITAL MULTIMETER MARKET, BY END-USER (%)

FIGURE 13 EUROPE DIGITAL MULTIMETER MARKET, BY REGION (%)

FIGURE 14 ASIA-PACIFIC DIGITAL MULTIMETER MARKET, BY TYPES (%)

FIGURE 15 ASIA-PACIFIC DIGITAL MULTIMETER MARKET, BY DIGITAL TYPE (%)

FIGURE 16 ASIA-PACIFIC DIGITAL MULTIMETER MARKET, BY END-USER (%)

FIGURE 17 ASIA-PACIFIC DIGITAL MULTIMETER MARKET, BY REGION (%)

FIGURE 18 ROW DIGITAL MULTIMETER MARKET, BY TYPES (%)

FIGURE 19 ROW DIGITAL MULTIMETER MARKET, BY DIGITAL TYPE (%)

FIGURE 20 ROW DIGITAL MULTIMETER MARKET, BY END-USER (%)

FIGURE 21 ROW DIGITAL MULTIMETER MARKET, BY REGION (%)