Digital Multimeter (DMM) Market Report – Research, Industry Analysis Reports and Market Demands

Global Digital Multimeter (DMM) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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Table of Content

1 Market Overview

1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
- 1.3.1 Overview: Global Digital Multimeter (DMM) Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Handheld
- 1.3.3 Bench-top
- 1.3.4 Others
1.4 Market Analysis by Application
- 1.4.1 Overview: Global Digital Multimeter (DMM) Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Industrial Manufacturing
- 1.4.3 Commercial
- 1.4.4 Public Utilities
1.5 Global Digital Multimeter (DMM) Market Size & Forecast
- 1.5.1 Global Digital Multimeter (DMM) Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Digital Multimeter (DMM) Sales Quantity (2020-2031)
- 1.5.3 Global Digital Multimeter (DMM) Average Price (2020-2031)

2 Manufacturers Profiles

3 Competitive Environment: Digital Multimeter (DMM) by Manufacturer

3.1 Global Digital Multimeter (DMM) Sales Quantity by Manufacturer (2020-2025)
3.2 Global Digital Multimeter (DMM) Revenue by Manufacturer (2020-2025)
3.3 Global Digital Multimeter (DMM) Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Digital Multimeter (DMM) by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Digital Multimeter (DMM) Manufacturer Market Share in 2024
- 3.4.3 Top 6 Digital Multimeter (DMM) Manufacturer Market Share in 2024
3.5 Digital Multimeter (DMM) Market: Overall Company Footprint Analysis
- 3.5.1 Digital Multimeter (DMM) Market: Region Footprint
- 3.5.2 Digital Multimeter (DMM) Market: Company Product Type Footprint
- 3.5.3 Digital Multimeter (DMM) Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

4.1 Global Digital Multimeter (DMM) Market Size by Region
- 4.1.1 Global Digital Multimeter (DMM) Sales Quantity by Region (2020-2031)
- 4.1.2 Global Digital Multimeter (DMM) Consumption Value by Region (2020-2031)
- 4.1.3 Global Digital Multimeter (DMM) Average Price by Region (2020-2031)
4.2 North America Digital Multimeter (DMM) Consumption Value (2020-2031)
4.3 Europe Digital Multimeter (DMM) Consumption Value (2020-2031)
4.4 Asia-Pacific Digital Multimeter (DMM) Consumption Value (2020-2031)
4.5 South America Digital Multimeter (DMM) Consumption Value (2020-2031)
4.6 Middle East & Africa Digital Multimeter (DMM) Consumption Value (2020-2031)

5 Market Segment by Type

5.1 Global Digital Multimeter (DMM) Sales Quantity by Type (2020-2031)
5.2 Global Digital Multimeter (DMM) Consumption Value by Type (2020-2031)
5.3 Global Digital Multimeter (DMM) Average Price by Type (2020-2031)

6 Market Segment by Application

6.1 Global Digital Multimeter (DMM) Sales Quantity by Application (2020-2031)
6.2 Global Digital Multimeter (DMM) Consumption Value by Application (2020-2031)
6.3 Global Digital Multimeter (DMM) Average Price by Application (2020-2031)

7 North America

7.1 North America Digital Multimeter (DMM) Sales Quantity by Type (2020-2031)
7.2 North America Digital Multimeter (DMM) Sales Quantity by Application (2020-2031)
7.3 North America Digital Multimeter (DMM) Market Size by Country
- 7.3.1 North America Digital Multimeter (DMM) Sales Quantity by Country (2020-2031)
- 7.3.2 North America Digital Multimeter (DMM) Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

8.1 Europe Digital Multimeter (DMM) Sales Quantity by Type (2020-2031)
8.2 Europe Digital Multimeter (DMM) Sales Quantity by Application (2020-2031)
8.3 Europe Digital Multimeter (DMM) Market Size by Country
- 8.3.1 Europe Digital Multimeter (DMM) Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Digital Multimeter (DMM) Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

9.1 Asia-Pacific Digital Multimeter (DMM) Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Digital Multimeter (DMM) Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Digital Multimeter (DMM) Market Size by Region
- 9.3.1 Asia-Pacific Digital Multimeter (DMM) Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Digital Multimeter (DMM) Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

10.1 South America Digital Multimeter (DMM) Sales Quantity by Type (2020-2031)
10.2 South America Digital Multimeter (DMM) Sales Quantity by Application (2020-2031)
10.3 South America Digital Multimeter (DMM) Market Size by Country
- 10.3.1 South America Digital Multimeter (DMM) Sales Quantity by Country (2020-2031)
- 10.3.2 South America Digital Multimeter (DMM) Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

11.1 Middle East & Africa Digital Multimeter (DMM) Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Digital Multimeter (DMM) Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Digital Multimeter (DMM) Market Size by Country
- 11.3.1 Middle East & Africa Digital Multimeter (DMM) Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Digital Multimeter (DMM) Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

12.1 Digital Multimeter (DMM) Market Drivers
12.2 Digital Multimeter (DMM) Market Restraints
12.3 Digital Multimeter (DMM) Trends Analysis
12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

13.1 Raw Material of Digital Multimeter (DMM) and Key Manufacturers
13.2 Manufacturing Costs Percentage of Digital Multimeter (DMM)
13.3 Digital Multimeter (DMM) Production Process
13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
14.2 Digital Multimeter (DMM) Typical Distributors
14.3 Digital Multimeter (DMM) Typical Customers

15 Research Findings and Conclusion

16 Appendix

16.1 Methodology
16.2 Research Process and Data Source

Description

According to our (Global Info Research) latest study, the global Digital Multimeter (DMM) market size was valued at US$ 1143 million in 2024 and is forecast to a readjusted size of USD 1777 million by 2031 with a CAGR of 6.6% during review period.
The major global digital multimeter (DMM) manufacturers include Victor, UNI-T, CEM, HIOKI and Fluke Corporation. The world's top three manufacturers collectively occupy about 40% of the market share. At present, the Asia-Pacific region is the world's largest digital multimeter market, accounting for approximately 55% of the market share. The second and third are the American and European markets, accounting for approximately 22% and 21% respectively.
In terms of product types, handheld devices occupy a dominant position, accounting for 92% of the market share. At the same time, in terms of applications, industrial manufacturing is the largest application field, accounting for 62%.
This report is a detailed and comprehensive analysis for global Digital Multimeter (DMM) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Digital Multimeter (DMM) market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Digital Multimeter (DMM) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Digital Multimeter (DMM) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Digital Multimeter (DMM) market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Digital Multimeter (DMM)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Digital Multimeter (DMM) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Fluke Corporation, Keysight, UNI-T, FLIR, Victor, Rohde & Schwarz, HIOKI, CEM, Gossen Metrawatt, MGL International (Mastech), etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Digital Multimeter (DMM) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Handheld
Bench-top
Others
Market segment by Application
Industrial Manufacturing
Commercial
Public Utilities
Major players covered
Fluke Corporation
Keysight
UNI-T
FLIR
Victor
Rohde & Schwarz
HIOKI
CEM
Gossen Metrawatt
MGL International (Mastech)
Chauvin Arnoux Group
Klein Tools
B&K Precision Corporation
Prokits Industries Co., LTD
Sata
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Digital Multimeter (DMM) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Digital Multimeter (DMM), with price, sales quantity, revenue, and global market share of Digital Multimeter (DMM) from 2020 to 2025.
Chapter 3, the Digital Multimeter (DMM) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Digital Multimeter (DMM) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Digital Multimeter (DMM) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Digital Multimeter (DMM).
Chapter 14 and 15, to describe Digital Multimeter (DMM) sales channel, distributors, customers, research findings and conclusion.

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