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Machinery & Equipment Global Handheld Digital Multimeter Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

  • RnM4652070
    • |
  • 05 December, 2025
    • |
  • Global
    • |
  • 108 Pages
    • |
  • GIR
    • |
  • Machinery & Equipment

According to our (Global Info Research) latest study, the global Handheld Digital Multimeter market size was valued at US$ 748 million in 2024 and is forecast to a readjusted size of USD 1048 million by 2031 with a CAGR of 5.0% during review period.
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$5,000.
Global Handheld Digital Multimeter main players are Fluke, Keysight Technologies, FLIR Systems, Yokogawa, etc. Global top four manufacturers hold a share over 35%. Asia-Pacific is the largest market, with a share over 40%.
This report is a detailed and comprehensive analysis for global Handheld Digital Multimeter market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Handheld Digital Multimeter market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Handheld Digital Multimeter 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 Handheld Digital Multimeter 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 Handheld Digital Multimeter 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 Handheld Digital Multimeter
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 Handheld Digital Multimeter 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, Keysight Technologies, FLIR Systems, Yokogawa, HIOKI, Chauvin Arnoux Group, Klein Tools, Amprobe, B&K Precision, Mastech Digital, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Handheld Digital Multimeter 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
3.5 Digit
4.5 Digit
Market segment by Application
Industrial
General Purpose
Others
Major players covered
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
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 Handheld Digital Multimeter product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Handheld Digital Multimeter, with price, sales quantity, revenue, and global market share of Handheld Digital Multimeter from 2020 to 2025.
Chapter 3, the Handheld Digital Multimeter competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Handheld Digital Multimeter 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 Handheld Digital Multimeter 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 Handheld Digital Multimeter.
Chapter 14 and 15, to describe Handheld Digital Multimeter sales channel, distributors, customers, research findings and conclusion.


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 Handheld Digital Multimeter Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 3.5 Digit
    • 1.3.3 4.5 Digit
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Handheld Digital Multimeter Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Industrial
    • 1.4.3 General Purpose
    • 1.4.4 Others
  • 1.5 Global Handheld Digital Multimeter Market Size & Forecast
    • 1.5.1 Global Handheld Digital Multimeter Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Handheld Digital Multimeter Sales Quantity (2020-2031)
    • 1.5.3 Global Handheld Digital Multimeter Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 Fluke
    • 2.1.1 Fluke Details
    • 2.1.2 Fluke Major Business
    • 2.1.3 Fluke Handheld Digital Multimeter Product and Services
    • 2.1.4 Fluke Handheld Digital Multimeter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Fluke Recent Developments/Updates
  • 2.2 Keysight Technologies
    • 2.2.1 Keysight Technologies Details
    • 2.2.2 Keysight Technologies Major Business
    • 2.2.3 Keysight Technologies Handheld Digital Multimeter Product and Services
    • 2.2.4 Keysight Technologies Handheld Digital Multimeter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Keysight Technologies Recent Developments/Updates
  • 2.3 FLIR Systems
    • 2.3.1 FLIR Systems Details
    • 2.3.2 FLIR Systems Major Business
    • 2.3.3 FLIR Systems Handheld Digital Multimeter Product and Services
    • 2.3.4 FLIR Systems Handheld Digital Multimeter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 FLIR Systems Recent Developments/Updates
  • 2.4 Yokogawa
    • 2.4.1 Yokogawa Details
    • 2.4.2 Yokogawa Major Business
    • 2.4.3 Yokogawa Handheld Digital Multimeter Product and Services
    • 2.4.4 Yokogawa Handheld Digital Multimeter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Yokogawa Recent Developments/Updates
  • 2.5 HIOKI
    • 2.5.1 HIOKI Details
    • 2.5.2 HIOKI Major Business
    • 2.5.3 HIOKI Handheld Digital Multimeter Product and Services
    • 2.5.4 HIOKI Handheld Digital Multimeter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 HIOKI Recent Developments/Updates
  • 2.6 Chauvin Arnoux Group
    • 2.6.1 Chauvin Arnoux Group Details
    • 2.6.2 Chauvin Arnoux Group Major Business
    • 2.6.3 Chauvin Arnoux Group Handheld Digital Multimeter Product and Services
    • 2.6.4 Chauvin Arnoux Group Handheld Digital Multimeter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Chauvin Arnoux Group Recent Developments/Updates
  • 2.7 Klein Tools
    • 2.7.1 Klein Tools Details
    • 2.7.2 Klein Tools Major Business
    • 2.7.3 Klein Tools Handheld Digital Multimeter Product and Services
    • 2.7.4 Klein Tools Handheld Digital Multimeter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Klein Tools Recent Developments/Updates
  • 2.8 Amprobe
    • 2.8.1 Amprobe Details
    • 2.8.2 Amprobe Major Business
    • 2.8.3 Amprobe Handheld Digital Multimeter Product and Services
    • 2.8.4 Amprobe Handheld Digital Multimeter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Amprobe Recent Developments/Updates
  • 2.9 B&K Precision
    • 2.9.1 B&K Precision Details
    • 2.9.2 B&K Precision Major Business
    • 2.9.3 B&K Precision Handheld Digital Multimeter Product and Services
    • 2.9.4 B&K Precision Handheld Digital Multimeter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 B&K Precision Recent Developments/Updates
  • 2.10 Mastech Digital
    • 2.10.1 Mastech Digital Details
    • 2.10.2 Mastech Digital Major Business
    • 2.10.3 Mastech Digital Handheld Digital Multimeter Product and Services
    • 2.10.4 Mastech Digital Handheld Digital Multimeter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Mastech Digital Recent Developments/Updates
  • 2.11 Uni-Trend Technology
    • 2.11.1 Uni-Trend Technology Details
    • 2.11.2 Uni-Trend Technology Major Business
    • 2.11.3 Uni-Trend Technology Handheld Digital Multimeter Product and Services
    • 2.11.4 Uni-Trend Technology Handheld Digital Multimeter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Uni-Trend Technology Recent Developments/Updates
  • 2.12 CEM
    • 2.12.1 CEM Details
    • 2.12.2 CEM Major Business
    • 2.12.3 CEM Handheld Digital Multimeter Product and Services
    • 2.12.4 CEM Handheld Digital Multimeter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 CEM Recent Developments/Updates
  • 2.13 Shen Zhen Victor Hi-tech
    • 2.13.1 Shen Zhen Victor Hi-tech Details
    • 2.13.2 Shen Zhen Victor Hi-tech Major Business
    • 2.13.3 Shen Zhen Victor Hi-tech Handheld Digital Multimeter Product and Services
    • 2.13.4 Shen Zhen Victor Hi-tech Handheld Digital Multimeter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 Shen Zhen Victor Hi-tech Recent Developments/Updates

3 Competitive Environment: Handheld Digital Multimeter by Manufacturer

  • 3.1 Global Handheld Digital Multimeter Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Handheld Digital Multimeter Revenue by Manufacturer (2020-2025)
  • 3.3 Global Handheld Digital Multimeter Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Handheld Digital Multimeter by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Handheld Digital Multimeter Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Handheld Digital Multimeter Manufacturer Market Share in 2024
  • 3.5 Handheld Digital Multimeter Market: Overall Company Footprint Analysis
    • 3.5.1 Handheld Digital Multimeter Market: Region Footprint
    • 3.5.2 Handheld Digital Multimeter Market: Company Product Type Footprint
    • 3.5.3 Handheld Digital Multimeter 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 Handheld Digital Multimeter Market Size by Region
    • 4.1.1 Global Handheld Digital Multimeter Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Handheld Digital Multimeter Consumption Value by Region (2020-2031)
    • 4.1.3 Global Handheld Digital Multimeter Average Price by Region (2020-2031)
  • 4.2 North America Handheld Digital Multimeter Consumption Value (2020-2031)
  • 4.3 Europe Handheld Digital Multimeter Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Handheld Digital Multimeter Consumption Value (2020-2031)
  • 4.5 South America Handheld Digital Multimeter Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Handheld Digital Multimeter Consumption Value (2020-2031)

5 Market Segment by Type

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

6 Market Segment by Application

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

7 North America

  • 7.1 North America Handheld Digital Multimeter Sales Quantity by Type (2020-2031)
  • 7.2 North America Handheld Digital Multimeter Sales Quantity by Application (2020-2031)
  • 7.3 North America Handheld Digital Multimeter Market Size by Country
    • 7.3.1 North America Handheld Digital Multimeter Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Handheld Digital Multimeter 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 Handheld Digital Multimeter Sales Quantity by Type (2020-2031)
  • 8.2 Europe Handheld Digital Multimeter Sales Quantity by Application (2020-2031)
  • 8.3 Europe Handheld Digital Multimeter Market Size by Country
    • 8.3.1 Europe Handheld Digital Multimeter Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Handheld Digital Multimeter 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 Handheld Digital Multimeter Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Handheld Digital Multimeter Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Handheld Digital Multimeter Market Size by Region
    • 9.3.1 Asia-Pacific Handheld Digital Multimeter Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Handheld Digital Multimeter 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 Handheld Digital Multimeter Sales Quantity by Type (2020-2031)
  • 10.2 South America Handheld Digital Multimeter Sales Quantity by Application (2020-2031)
  • 10.3 South America Handheld Digital Multimeter Market Size by Country
    • 10.3.1 South America Handheld Digital Multimeter Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Handheld Digital Multimeter 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 Handheld Digital Multimeter Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Handheld Digital Multimeter Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Handheld Digital Multimeter Market Size by Country
    • 11.3.1 Middle East & Africa Handheld Digital Multimeter Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Handheld Digital Multimeter 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 Handheld Digital Multimeter Market Drivers
  • 12.2 Handheld Digital Multimeter Market Restraints
  • 12.3 Handheld Digital Multimeter 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 Handheld Digital Multimeter and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Handheld Digital Multimeter
  • 13.3 Handheld Digital Multimeter 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 Handheld Digital Multimeter Typical Distributors
  • 14.3 Handheld Digital Multimeter Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Handheld Digital Multimeter. Industry analysis & Market Report on Handheld Digital Multimeter is a syndicated market report, published as Global Handheld Digital Multimeter Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Handheld Digital Multimeter market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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