ID: MRFR/ICT/3056-HCR | 100 Pages | Author: Shubham Munde | March 2024
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 (%)
Digital Multimeter Market Segmentation
Digital Multimeter Type Outlook (USD Billion, 2019-2032)
Handheld
Bench-Top
Mounted
Digital Multimeter Digital Type Outlook (USD Billion, 2019-2032)
Autoranging
Clamp Digital
Fluke Digital
Digital Multimeter End-User Outlook (USD Billion, 2019-2032)
Automotive
Manufacturing
Energy
Residential
Commercial
Digital Multimeter Regional Outlook (USD Billion, 2019-2032)
North America Outlook (USD Billion, 2019-2032)
North America Digital Multimeter by Type
Handheld
Bench-Top
Mounted
North America Digital Multimeter by Digital Type
Autoranging
Clamp Digital
Fluke Digital
North America Digital Multimeter by End-User
Automotive
Manufacturing
Energy
Residential
Commercial
US Outlook (USD Billion, 2019-2032)
US Digital Multimeter by Type
Handheld
Bench-Top
Mounted
US Digital Multimeter by Digital Type
Autoranging
Clamp Digital
Fluke Digital
US Digital Multimeter by End-User
Automotive
Manufacturing
Energy
Residential
Commercial
CANADA Outlook (USD Billion, 2019-2032)
Canada Digital Multimeter by Type
Handheld
Bench-Top
Mounted
Canada Digital Multimeter by Digital Type
Autoranging
Clamp Digital
Fluke Digital
Canada Digital Multimeter by End-User
Automotive
Manufacturing
Energy
Residential
Commercial
Europe Outlook (USD Billion, 2019-2032)
Europe Digital Multimeter by Type
Handheld
Bench-Top
Mounted
Europe Digital Multimeter by Digital Type
Autoranging
Clamp Digital
Fluke Digital
Europe Digital Multimeter by End-User
Automotive
Manufacturing
Energy
Residential
Commercial
Germany Outlook (USD Billion, 2019-2032)
Germany Digital Multimeter by Type
Handheld
Bench-Top
Mounted
Germany Digital Multimeter by Digital Type
Autoranging
Clamp Digital
Fluke Digital
Germany Digital Multimeter by End-User
Automotive
Manufacturing
Energy
Residential
Commercial
France Outlook (USD Billion, 2019-2032)
France Digital Multimeter by Type
Handheld
Bench-Top
Mounted
France Digital Multimeter by Digital Type
Autoranging
Clamp Digital
Fluke Digital
France Digital Multimeter by End-User
Automotive
Manufacturing
Energy
Residential
Commercial
UK Outlook (USD Billion, 2019-2032)
UK Digital Multimeter by Type
Handheld
Bench-Top
Mounted
UK Digital Multimeter by Digital Type
Autoranging
Clamp Digital
Fluke Digital
UK Digital Multimeter by End-User
Automotive
Manufacturing
Energy
Residential
Commercial
ITALY Outlook (USD Billion, 2019-2032)
Italy Digital Multimeter by Type
Handheld
Bench-Top
Mounted
Italy Digital Multimeter by Digital Type
Autoranging
Clamp Digital
Fluke Digital
Italy Digital Multimeter by End-User
Automotive
Manufacturing
Energy
Residential
Commercial
SPAIN Outlook (USD Billion, 2019-2032)
Spain Digital Multimeter by Type
Handheld
Bench-Top
Mounted
Spain Digital Multimeter by Digital Type
Autoranging
Clamp Digital
Fluke Digital
Spain Digital Multimeter by End-User
Automotive
Manufacturing
Energy
Residential
Commercial
Rest Of Europe Outlook (USD Billion, 2019-2032)
Rest of Europe Digital Multimeter by Type
Handheld
Bench-Top
Mounted
Rest of Europe Digital Multimeter by Digital Type
Autoranging
Clamp Digital
Fluke Digital
Rest of Europe Digital Multimeter by End-User
Automotive
Manufacturing
Energy
Residential
Commercial
Asia-Pacific Outlook (USD Billion, 2019-2032)
Asia-Pacific Digital Multimeter by Type
Handheld
Bench-Top
Mounted
Asia-Pacific Digital Multimeter by Digital Type
Autoranging
Clamp Digital
Fluke Digital
Asia-Pacific Digital Multimeter by End-User
Automotive
Manufacturing
Energy
Residential
Commercial
China Outlook (USD Billion, 2019-2032)
China Digital Multimeter by Type
Handheld
Bench-Top
Mounted
China Digital Multimeter by Digital Type
Autoranging
Clamp Digital
Fluke Digital
China Digital Multimeter by End-User
Automotive
Manufacturing
Energy
Residential
Commercial
Japan Outlook (USD Billion, 2019-2032)
Japan Digital Multimeter by Type
Handheld
Bench-Top
Mounted
Japan Digital Multimeter by Digital Type
Autoranging
Clamp Digital
Fluke Digital
Japan Digital Multimeter by End-User
Automotive
Manufacturing
Energy
Residential
Commercial
India Outlook (USD Billion, 2019-2032)
India Digital Multimeter by Type
Handheld
Bench-Top
Mounted
India Digital Multimeter by Digital Type
Autoranging
Clamp Digital
Fluke Digital
India Digital Multimeter by End-User
Automotive
Manufacturing
Energy
Residential
Commercial
Australia Outlook (USD Billion, 2019-2032)
Australia Digital Multimeter by Type
Handheld
Bench-Top
Mounted
Australia Digital Multimeter by Digital Type
Autoranging
Clamp Digital
Fluke Digital
Australia Digital Multimeter by End-User
Automotive
Manufacturing
Energy
Residential
Commercial
Rest of Asia-Pacific Outlook (USD Billion, 2019-2032)
Rest of Asia-Pacific Digital Multimeter by Type
Handheld
Bench-Top
Mounted
Rest of Asia-Pacific Digital Multimeter by Digital Type
Autoranging
Clamp Digital
Fluke Digital
Rest of Asia-Pacific Digital Multimeter by End-User
Automotive
Manufacturing
Energy
Residential
Commercial
Rest of the World Outlook (USD Billion, 2019-2032)
Rest of the World Digital Multimeter by Type
Handheld
Bench-Top
Mounted
Rest of the World Digital Multimeter by Digital Type
Autoranging
Clamp Digital
Fluke Digital
Rest of the World Digital Multimeter by End-User
Automotive
Manufacturing
Energy
Residential
Commercial
Middle East Outlook (USD Billion, 2019-2032)
Middle East Digital Multimeter by Type
Handheld
Bench-Top
Mounted
Middle East Digital Multimeter by Digital Type
Autoranging
Clamp Digital
Fluke Digital
Middle East Digital Multimeter by End-User
Automotive
Manufacturing
Energy
Residential
Commercial
Africa Outlook (USD Billion, 2019-2032)
Africa Digital Multimeter by Type
Handheld
Bench-Top
Mounted
Africa Digital Multimeter by Digital Type
Autoranging
Clamp Digital
Fluke Digital
Africa Digital Multimeter by End-User
Automotive
Manufacturing
Energy
Residential
Commercial
Latin America Outlook (USD Billion, 2019-2032)
Latin America Digital Multimeter by Type
Handheld
Bench-Top
Mounted
Latin America Digital Multimeter by Digital Type
Autoranging
Clamp Digital
Fluke Digital
Latin America Digital Multimeter by End-User
Automotive
Manufacturing
Energy
Residential
Commercial
Research Methodology on Digital Multimeter Market
Abstract
This research project aims to gain in-depth knowledge of the current state of the digital multimeter market to make a fair assessment of the market drivers and opportunities. A detailed study of the current market trends was carried out to determine the current state of the market, its pricing dynamics and demand, key drivers and challenges, etc. The research methodology includes collecting data both online and offline such as primary interviews with industry participants and manufacturers, surveys on manufacturers, retailers, and end-users as well as analysis of published reports to understand the trends in the digital multimeter market. Statistical analysis tools such as qualitative and quantitative analysis methods were used to analyze the gathered data. The results of this research help to gain insights into the market position and strategies of key stakeholders in the global digital multimeter market.
Introduction
A digital multimeter (DMM) is an instrument used to measure different electrical parameters in a circuit. It is generally used for testing voltage, current, resistance, and continuity. It comprises a digital display, power source, and controlling circuit. This instrument has become a handy measuring device in the field of electronics as it offers high accuracy in measurements. It has also gained traction with hobbyists, electricians, and technicians due to its ease of portability. The demand for digital multimeters is increasing owing to their various uses in a wide range of applications such as industrial and electrical engineering, telecom, energy and power, automotive, and aviation.
In the present economic scenario, the market outlook for digital multimeters looks pretty promising. This is mainly attributed to the escalating digitalization and automation of various industries. The deployment of digital devices such as IoT, cloud technology, and AI is expected to open up new opportunities for DMM manufacturers. The increasing demand for digitalization and automation in various sectors such as automotive, telecommunication, healthcare, and industrial application will further boost the sales of digital multimeters from 2023 to 2030.
Research Methodology
This research project is conducted to evaluate the current state of the digital multimeter market. Desk research with the help of the internet and published reports along with primary data collected from surveys & interviews was used to arrive at valid data points and figures regarding the DMM market.
Desk Research
Desk research was conducted to understand the dynamics of the digital multimeter market. Online search engines, journals, and research papers were also accessed to gather relevant information concerning the market.
Primary Research
Primary research is extensively done while conducting this research project. Primary research presented a much more accurate view of the digital multimeter market than secondary research. The primary research is conducted in the form of in-depth interviews with leading digital multimeter manufacturers, retailers, and end-users. Furthermore, surveys were also conducted with the participants to understand their perceptions of the market.
Data Collection
Data collected both online and offline was carefully analyzed using qualitative and quantitative analysis methods. Survey results were compiled, and summarized and trend analysis was used to draw insights from the collected data.
Data Analysis
The data collected from surveys and interviews were analyzed using statistical analysis tools and software. Data was further validated and checked for any kind of inconsistencies or errors.
Data Interpretation
The insights gathered from data analysis were interpreted and conclusions were drawn. The interpretation of data helped in gaining a better understanding of the market position and strategies of key stakeholders in the global digital multimeter market.
Conclusion
This research is conducted to gain in-depth insights into the current state of the digital multimeter market. Desk and primary research including interviews, surveys and analysis of published reports were performed to gather information on the key participants, market size, market developments and trends, etc. Statistical analysis tools including qualitative and quantitative analysis methods were used to analyze the data. The conclusions drawn through this research project enabled decision-makers to make informed decisions regarding their investments in the DMM market.