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Global Handheld Digital Multimeter Market Growth 2019-2024

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Table of Contents

    2019-2024 Global Handheld Digital Multimeter Consumption Market Report

      1 Scope of the Report

      • 1.1 Market Introduction
      • 1.2 Research Objectives
      • 1.3 Years Considered
      • 1.4 Market Research Methodology
      • 1.5 Economic Indicators
      • 1.6 Currency Considered

      2 Executive Summary

      • 2.1 World Market Overview
        • 2.1.1 Global Handheld Digital Multimeter Consumption 2014-2024
        • 2.1.2 Handheld Digital Multimeter Consumption CAGR by Region
      • 2.2 Handheld Digital Multimeter Segment by Type
        • 2.2.1 3.5 Digit
        • 2.2.2 4.5 Digit
        • 2.2.3 Others
      • 2.3 Handheld Digital Multimeter Consumption by Type
        • 2.3.1 Global Handheld Digital Multimeter Consumption Market Share by Type (2014-2019)
        • 2.3.2 Global Handheld Digital Multimeter Revenue and Market Share by Type (2014-2019)
        • 2.3.3 Global Handheld Digital Multimeter Sale Price by Type (2014-2019)
      • 2.4 Handheld Digital Multimeter Segment by Application
        • 2.4.1 Industrial
        • 2.4.2 General Purpose
        • 2.4.3 Others
      • 2.5 Handheld Digital Multimeter Consumption by Application
        • 2.5.1 Global Handheld Digital Multimeter Consumption Market Share by Application (2014-2019)
        • 2.5.2 Global Handheld Digital Multimeter Value and Market Share by Application (2014-2019)
        • 2.5.3 Global Handheld Digital Multimeter Sale Price by Application (2014-2019)

      3 Global Handheld Digital Multimeter by Players

      • 3.1 Global Handheld Digital Multimeter Sales Market Share by Players
        • 3.1.1 Global Handheld Digital Multimeter Sales by Players (2017-2019)
        • 3.1.2 Global Handheld Digital Multimeter Sales Market Share by Players (2017-2019)
      • 3.2 Global Handheld Digital Multimeter Revenue Market Share by Players
        • 3.2.1 Global Handheld Digital Multimeter Revenue by Players (2017-2019)
        • 3.2.2 Global Handheld Digital Multimeter Revenue Market Share by Players (2017-2019)
      • 3.3 Global Handheld Digital Multimeter Sale Price by Players
      • 3.4 Global Handheld Digital Multimeter Manufacturing Base Distribution, Sales Area, Product Types by Players
        • 3.4.1 Global Handheld Digital Multimeter Manufacturing Base Distribution and Sales Area by Players
        • 3.4.2 Players Handheld Digital Multimeter Products Offered
      • 3.5 Market Concentration Rate Analysis
        • 3.5.1 Competition Landscape Analysis
        • 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
      • 3.6 New Products and Potential Entrants
      • 3.7 Mergers & Acquisitions, Expansion

      4 Handheld Digital Multimeter by Regions

      • 4.1 Handheld Digital Multimeter by Regions
        • 4.1.1 Global Handheld Digital Multimeter Consumption by Regions
        • 4.1.2 Global Handheld Digital Multimeter Value by Regions
      • 4.2 Americas Handheld Digital Multimeter Consumption Growth
      • 4.3 APAC Handheld Digital Multimeter Consumption Growth
      • 4.4 Europe Handheld Digital Multimeter Consumption Growth
      • 4.5 Middle East & Africa Handheld Digital Multimeter Consumption Growth

      5 Americas

      • 5.1 Americas Handheld Digital Multimeter Consumption by Countries
        • 5.1.1 Americas Handheld Digital Multimeter Consumption by Countries (2014-2019)
        • 5.1.2 Americas Handheld Digital Multimeter Value by Countries (2014-2019)
      • 5.2 Americas Handheld Digital Multimeter Consumption by Type
      • 5.3 Americas Handheld Digital Multimeter Consumption by Application
      • 5.4 United States
      • 5.5 Canada
      • 5.6 Mexico
      • 5.7 Key Economic Indicators of Few Americas Countries

      6 APAC

      • 6.1 APAC Handheld Digital Multimeter Consumption by Countries
        • 6.1.1 APAC Handheld Digital Multimeter Consumption by Countries (2014-2019)
        • 6.1.2 APAC Handheld Digital Multimeter Value by Countries (2014-2019)
      • 6.2 APAC Handheld Digital Multimeter Consumption by Type
      • 6.3 APAC Handheld Digital Multimeter Consumption by Application
      • 6.4 China
      • 6.5 Japan
      • 6.6 Korea
      • 6.7 Southeast Asia
      • 6.8 India
      • 6.9 Australia
      • 6.10 Key Economic Indicators of Few APAC Countries

      7 Europe

      • 7.1 Europe Handheld Digital Multimeter by Countries
        • 7.1.1 Europe Handheld Digital Multimeter Consumption by Countries (2014-2019)
        • 7.1.2 Europe Handheld Digital Multimeter Value by Countries (2014-2019)
      • 7.2 Europe Handheld Digital Multimeter Consumption by Type
      • 7.3 Europe Handheld Digital Multimeter Consumption by Application
      • 7.4 Germany
      • 7.5 France
      • 7.6 UK
      • 7.7 Italy
      • 7.8 Russia
      • 7.9 Spain
      • 7.10 Key Economic Indicators of Few Europe Countries

      8 Middle East & Africa

      • 8.1 Middle East & Africa Handheld Digital Multimeter by Countries
        • 8.1.1 Middle East & Africa Handheld Digital Multimeter Consumption by Countries (2014-2019)
        • 8.1.2 Middle East & Africa Handheld Digital Multimeter Value by Countries (2014-2019)
      • 8.2 Middle East & Africa Handheld Digital Multimeter Consumption by Type
      • 8.3 Middle East & Africa Handheld Digital Multimeter Consumption by Application
      • 8.4 Egypt
      • 8.5 South Africa
      • 8.6 Israel
      • 8.7 Turkey
      • 8.8 GCC Countries

      9 Market Drivers, Challenges and Trends

      • 9.1 Market Drivers and Impact
        • 9.1.1 Growing Demand from Key Regions
        • 9.1.2 Growing Demand from Key Applications and Potential Industries
      • 9.2 Market Challenges and Impact
      • 9.3 Market Trends

      10 Marketing, Distributors and Customer

      • 10.1 Sales Channel
        • 10.1.1 Direct Channels
        • 10.1.2 Indirect Channels
      • 10.2 Handheld Digital Multimeter Distributors
      • 10.3 Handheld Digital Multimeter Customer

      11 Global Handheld Digital Multimeter Market Forecast

      • 11.1 Global Handheld Digital Multimeter Consumption Forecast (2019-2024)
      • 11.2 Global Handheld Digital Multimeter Forecast by Regions
        • 11.2.1 Global Handheld Digital Multimeter Forecast by Regions (2019-2024)
        • 11.2.2 Global Handheld Digital Multimeter Value Forecast by Regions (2019-2024)
        • 11.2.3 Americas Consumption Forecast
        • 11.2.4 APAC Consumption Forecast
        • 11.2.5 Europe Consumption Forecast
        • 11.2.6 Middle East & Africa Consumption Forecast
      • 11.3 Americas Forecast by Countries
        • 11.3.1 United States Market Forecast
        • 11.3.2 Canada Market Forecast
        • 11.3.3 Mexico Market Forecast
        • 11.3.4 Brazil Market Forecast
      • 11.4 APAC Forecast by Countries
        • 11.4.1 China Market Forecast
        • 11.4.2 Japan Market Forecast
        • 11.4.3 Korea Market Forecast
        • 11.4.4 Southeast Asia Market Forecast
        • 11.4.5 India Market Forecast
        • 11.4.6 Australia Market Forecast
      • 11.5 Europe Forecast by Countries
        • 11.5.1 Germany Market Forecast
        • 11.5.2 France Market Forecast
        • 11.5.3 UK Market Forecast
        • 11.5.4 Italy Market Forecast
        • 11.5.5 Russia Market Forecast
        • 11.5.6 Spain Market Forecast
      • 11.6 Middle East & Africa Forecast by Countries
        • 11.6.1 Egypt Market Forecast
        • 11.6.2 South Africa Market Forecast
        • 11.6.3 Israel Market Forecast
        • 11.6.4 Turkey Market Forecast
        • 11.6.5 GCC Countries Market Forecast
      • 11.7 Global Handheld Digital Multimeter Forecast by Type
      • 11.8 Global Handheld Digital Multimeter Forecast by Application

      12 Key Players Analysis

      • 12.1 Fluke
        • 12.1.1 Company Details
        • 12.1.2 Handheld Digital Multimeter Product Offered
        • 12.1.3 Fluke Handheld Digital Multimeter Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.1.4 Main Business Overview
        • 12.1.5 Fluke News
      • 12.2 Keysight Technologies
        • 12.2.1 Company Details
        • 12.2.2 Handheld Digital Multimeter Product Offered
        • 12.2.3 Keysight Technologies Handheld Digital Multimeter Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.2.4 Main Business Overview
        • 12.2.5 Keysight Technologies News
      • 12.3 FLIR Systems
        • 12.3.1 Company Details
        • 12.3.2 Handheld Digital Multimeter Product Offered
        • 12.3.3 FLIR Systems Handheld Digital Multimeter Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.3.4 Main Business Overview
        • 12.3.5 FLIR Systems News
      • 12.4 Yokogawa
        • 12.4.1 Company Details
        • 12.4.2 Handheld Digital Multimeter Product Offered
        • 12.4.3 Yokogawa Handheld Digital Multimeter Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.4.4 Main Business Overview
        • 12.4.5 Yokogawa News
      • 12.5 HIOKI
        • 12.5.1 Company Details
        • 12.5.2 Handheld Digital Multimeter Product Offered
        • 12.5.3 HIOKI Handheld Digital Multimeter Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.5.4 Main Business Overview
        • 12.5.5 HIOKI News
      • 12.6 Chauvin Arnoux Group
        • 12.6.1 Company Details
        • 12.6.2 Handheld Digital Multimeter Product Offered
        • 12.6.3 Chauvin Arnoux Group Handheld Digital Multimeter Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.6.4 Main Business Overview
        • 12.6.5 Chauvin Arnoux Group News
      • 12.7 Klein Tools
        • 12.7.1 Company Details
        • 12.7.2 Handheld Digital Multimeter Product Offered
        • 12.7.3 Klein Tools Handheld Digital Multimeter Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.7.4 Main Business Overview
        • 12.7.5 Klein Tools News
      • 12.8 Amprobe
        • 12.8.1 Company Details
        • 12.8.2 Handheld Digital Multimeter Product Offered
        • 12.8.3 Amprobe Handheld Digital Multimeter Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.8.4 Main Business Overview
        • 12.8.5 Amprobe News
      • 12.9 B&K Precision
        • 12.9.1 Company Details
        • 12.9.2 Handheld Digital Multimeter Product Offered
        • 12.9.3 B&K Precision Handheld Digital Multimeter Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.9.4 Main Business Overview
        • 12.9.5 B&K Precision News
      • 12.10 Mastech Digital
        • 12.10.1 Company Details
        • 12.10.2 Handheld Digital Multimeter Product Offered
        • 12.10.3 Mastech Digital Handheld Digital Multimeter Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.10.4 Main Business Overview
        • 12.10.5 Mastech Digital News
      • 12.11 Uni-Trend Technology
      • 12.12 CEM
      • 12.13 Shen Zhen Victor Hi-tech

      13 Research Findings and Conclusion

      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, but analog multimeters are still preferable in some cases, for example when monitoring a rapidly varying value.
      A multimeter can be a hand-held device useful for basic fault finding and field service work, or a bench instrument which can measure to a very high degree of accuracy. They can be used to troubleshoot electrical problems in a wide array of industrial and household devices such as electronic equipment, motor controls, domestic appliances, power supplies, and wiring systems.
      Multimeters are available in a wide range of features and prices. Cheap multimeters can cost less than US$10, while General Purpose-grade models with certified calibration can cost more than US$5,000.
      Primary driver for Digital Multimeter market is the multi functionality and features such as accuracy, flexible to use, portability, dual display resolution, and Lifetime warranty. These features and multi functionality expected to increase the demand for Digital Multimeter. Adoption electronic devices across many industry verticals is increasing steadily year on year. This development made the digital multimeter’s usage by electrical professionals to measure the voltage, current and resistance of electronics devices also increasing.

      According to this study, over the next five years the Handheld Digital Multimeter market will register a 5.2% CAGR in terms of revenue, the global market size will reach US$ 730 million by 2024, from US$ 540 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Handheld Digital Multimeter business, shared in Chapter 3.

      This report presents a comprehensive overview, market shares, and growth opportunities of Handheld Digital Multimeter market by product type, application, key manufacturers and key regions and countries.

      This study considers the Handheld Digital Multimeter value and volume generated from the sales of the following segments:

      Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
      3.5 Digit
      4.5 Digit
      Others
      Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
      Industrial
      General Purpose
      Others

      This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
      Americas
      United States
      Canada
      Mexico
      Brazil
      APAC
      China
      Japan
      Korea
      Southeast Asia
      India
      Australia
      Europe
      Germany
      France
      UK
      Italy
      Russia
      Spain
      Middle East & Africa
      Egypt
      South Africa
      Israel
      Turkey
      GCC Countries

      The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
      Fluke
      Keysight Technologies
      FLIR Systems
      Yokogawa
      HIOKI
      Chauvin Arnoux Group
      Klein Tools
      Amprobe
      B&K Precision
      Mastech Digital
      Uni-Trend Technology
      CEM
      Shen Zhen Victor Hi-tech

      In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

      Research objectives
      To study and analyze the global Handheld Digital Multimeter consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
      To understand the structure of Handheld Digital Multimeter market by identifying its various subsegments.
      Focuses on the key global Handheld Digital Multimeter manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
      To analyze the Handheld Digital Multimeter with respect to individual growth trends, future prospects, and their contribution to the total market.
      To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
      To project the consumption of Handheld Digital Multimeter submarkets, with respect to key regions (along with their respective key countries).
      To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
      To strategically profile the key players and comprehensively analyze their growth strategies.

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