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$5,000.
The global market for Handheld Digital Multimeter was estimated to be worth US$ 658.9 million in 2023 and is forecast to a readjusted size of US$ 937.2 million by 2030 with a CAGR of 5.1% during the forecast period 2024-2030
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%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Handheld Digital Multimeter, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Handheld Digital Multimeter by region & country, by Type, and by Application.
The Handheld Digital Multimeter market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Handheld Digital Multimeter.
Market Segmentation
By Company
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
Segment by Type:
3.5 Digit
4.5 Digit
Segment by Application
Industrial
General Purpose
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Handheld Digital Multimeter manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Handheld Digital Multimeter in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Handheld Digital Multimeter in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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1 Market Overview
1.1 Handheld Digital Multimeter Product Introduction
1.2 Global Handheld Digital Multimeter Market Size Forecast
1.2.1 Global Handheld Digital Multimeter Sales Value (2019-2030)
1.2.2 Global Handheld Digital Multimeter Sales Volume (2019-2030)
1.2.3 Global Handheld Digital Multimeter Sales Price (2019-2030)
1.3 Handheld Digital Multimeter Market Trends & Drivers
1.3.1 Handheld Digital Multimeter Industry Trends
1.3.2 Handheld Digital Multimeter Market Drivers & Opportunity
1.3.3 Handheld Digital Multimeter Market Challenges
1.3.4 Handheld Digital Multimeter Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Handheld Digital Multimeter Players Revenue Ranking (2023)
2.2 Global Handheld Digital Multimeter Revenue by Company (2019-2024)
2.3 Global Handheld Digital Multimeter Players Sales Volume Ranking (2023)
2.4 Global Handheld Digital Multimeter Sales Volume by Company Players (2019-2024)
2.5 Global Handheld Digital Multimeter Average Price by Company (2019-2024)
2.6 Key Manufacturers Handheld Digital Multimeter Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Handheld Digital Multimeter Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Handheld Digital Multimeter
2.9 Handheld Digital Multimeter Market Competitive Analysis
2.9.1 Handheld Digital Multimeter Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Handheld Digital Multimeter Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Handheld Digital Multimeter as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 3.5 Digit
3.1.2 4.5 Digit
3.2 Global Handheld Digital Multimeter Sales Value by Type
3.2.1 Global Handheld Digital Multimeter Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Handheld Digital Multimeter Sales Value, by Type (2019-2030)
3.2.3 Global Handheld Digital Multimeter Sales Value, by Type (%) (2019-2030)
3.3 Global Handheld Digital Multimeter Sales Volume by Type
3.3.1 Global Handheld Digital Multimeter Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Handheld Digital Multimeter Sales Volume, by Type (2019-2030)
3.3.3 Global Handheld Digital Multimeter Sales Volume, by Type (%) (2019-2030)
3.4 Global Handheld Digital Multimeter Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Industrial
4.1.2 General Purpose
4.1.3 Others
4.2 Global Handheld Digital Multimeter Sales Value by Application
4.2.1 Global Handheld Digital Multimeter Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Handheld Digital Multimeter Sales Value, by Application (2019-2030)
4.2.3 Global Handheld Digital Multimeter Sales Value, by Application (%) (2019-2030)
4.3 Global Handheld Digital Multimeter Sales Volume by Application
4.3.1 Global Handheld Digital Multimeter Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Handheld Digital Multimeter Sales Volume, by Application (2019-2030)
4.3.3 Global Handheld Digital Multimeter Sales Volume, by Application (%) (2019-2030)
4.4 Global Handheld Digital Multimeter Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Handheld Digital Multimeter Sales Value by Region
5.1.1 Global Handheld Digital Multimeter Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Handheld Digital Multimeter Sales Value by Region (2019-2024)
5.1.3 Global Handheld Digital Multimeter Sales Value by Region (2025-2030)
5.1.4 Global Handheld Digital Multimeter Sales Value by Region (%), (2019-2030)
5.2 Global Handheld Digital Multimeter Sales Volume by Region
5.2.1 Global Handheld Digital Multimeter Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Handheld Digital Multimeter Sales Volume by Region (2019-2024)
5.2.3 Global Handheld Digital Multimeter Sales Volume by Region (2025-2030)
5.2.4 Global Handheld Digital Multimeter Sales Volume by Region (%), (2019-2030)
5.3 Global Handheld Digital Multimeter Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Handheld Digital Multimeter Sales Value, 2019-2030
5.4.2 North America Handheld Digital Multimeter Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Handheld Digital Multimeter Sales Value, 2019-2030
5.5.2 Europe Handheld Digital Multimeter Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Handheld Digital Multimeter Sales Value, 2019-2030
5.6.2 Asia Pacific Handheld Digital Multimeter Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Handheld Digital Multimeter Sales Value, 2019-2030
5.7.2 South America Handheld Digital Multimeter Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Handheld Digital Multimeter Sales Value, 2019-2030
5.8.2 Middle East & Africa Handheld Digital Multimeter Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Handheld Digital Multimeter Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Handheld Digital Multimeter Sales Value
6.2.1 Key Countries/Regions Handheld Digital Multimeter Sales Value, 2019-2030
6.2.2 Key Countries/Regions Handheld Digital Multimeter Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Handheld Digital Multimeter Sales Value, 2019-2030
6.3.2 United States Handheld Digital Multimeter Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Handheld Digital Multimeter Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Handheld Digital Multimeter Sales Value, 2019-2030
6.4.2 Europe Handheld Digital Multimeter Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Handheld Digital Multimeter Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Handheld Digital Multimeter Sales Value, 2019-2030
6.5.2 China Handheld Digital Multimeter Sales Value by Type (%), 2023 VS 2030
6.5.3 China Handheld Digital Multimeter Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Handheld Digital Multimeter Sales Value, 2019-2030
6.6.2 Japan Handheld Digital Multimeter Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Handheld Digital Multimeter Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Handheld Digital Multimeter Sales Value, 2019-2030
6.7.2 South Korea Handheld Digital Multimeter Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Handheld Digital Multimeter Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Handheld Digital Multimeter Sales Value, 2019-2030
6.8.2 Southeast Asia Handheld Digital Multimeter Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Handheld Digital Multimeter Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Handheld Digital Multimeter Sales Value, 2019-2030
6.9.2 India Handheld Digital Multimeter Sales Value by Type (%), 2023 VS 2030
6.9.3 India Handheld Digital Multimeter Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Fluke
7.1.1 Fluke Company Information
7.1.2 Fluke Introduction and Business Overview
7.1.3 Fluke Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Fluke Handheld Digital Multimeter Product Offerings
7.1.5 Fluke Recent Development
7.2 Keysight Technologies
7.2.1 Keysight Technologies Company Information
7.2.2 Keysight Technologies Introduction and Business Overview
7.2.3 Keysight Technologies Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Keysight Technologies Handheld Digital Multimeter Product Offerings
7.2.5 Keysight Technologies Recent Development
7.3 FLIR Systems
7.3.1 FLIR Systems Company Information
7.3.2 FLIR Systems Introduction and Business Overview
7.3.3 FLIR Systems Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
7.3.4 FLIR Systems Handheld Digital Multimeter Product Offerings
7.3.5 FLIR Systems Recent Development
7.4 Yokogawa
7.4.1 Yokogawa Company Information
7.4.2 Yokogawa Introduction and Business Overview
7.4.3 Yokogawa Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Yokogawa Handheld Digital Multimeter Product Offerings
7.4.5 Yokogawa Recent Development
7.5 HIOKI
7.5.1 HIOKI Company Information
7.5.2 HIOKI Introduction and Business Overview
7.5.3 HIOKI Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
7.5.4 HIOKI Handheld Digital Multimeter Product Offerings
7.5.5 HIOKI Recent Development
7.6 Chauvin Arnoux Group
7.6.1 Chauvin Arnoux Group Company Information
7.6.2 Chauvin Arnoux Group Introduction and Business Overview
7.6.3 Chauvin Arnoux Group Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Chauvin Arnoux Group Handheld Digital Multimeter Product Offerings
7.6.5 Chauvin Arnoux Group Recent Development
7.7 Klein Tools
7.7.1 Klein Tools Company Information
7.7.2 Klein Tools Introduction and Business Overview
7.7.3 Klein Tools Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Klein Tools Handheld Digital Multimeter Product Offerings
7.7.5 Klein Tools Recent Development
7.8 Amprobe
7.8.1 Amprobe Company Information
7.8.2 Amprobe Introduction and Business Overview
7.8.3 Amprobe Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Amprobe Handheld Digital Multimeter Product Offerings
7.8.5 Amprobe Recent Development
7.9 B&K Precision
7.9.1 B&K Precision Company Information
7.9.2 B&K Precision Introduction and Business Overview
7.9.3 B&K Precision Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
7.9.4 B&K Precision Handheld Digital Multimeter Product Offerings
7.9.5 B&K Precision Recent Development
7.10 Mastech Digital
7.10.1 Mastech Digital Company Information
7.10.2 Mastech Digital Introduction and Business Overview
7.10.3 Mastech Digital Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
7.10.4 Mastech Digital Handheld Digital Multimeter Product Offerings
7.10.5 Mastech Digital Recent Development
7.11 Uni-Trend Technology
7.11.1 Uni-Trend Technology Company Information
7.11.2 Uni-Trend Technology Introduction and Business Overview
7.11.3 Uni-Trend Technology Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
7.11.4 Uni-Trend Technology Handheld Digital Multimeter Product Offerings
7.11.5 Uni-Trend Technology Recent Development
7.12 CEM
7.12.1 CEM Company Information
7.12.2 CEM Introduction and Business Overview
7.12.3 CEM Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
7.12.4 CEM Handheld Digital Multimeter Product Offerings
7.12.5 CEM Recent Development
7.13 Shen Zhen Victor Hi-tech
7.13.1 Shen Zhen Victor Hi-tech Company Information
7.13.2 Shen Zhen Victor Hi-tech Introduction and Business Overview
7.13.3 Shen Zhen Victor Hi-tech Handheld Digital Multimeter Sales, Revenue and Gross Margin (2019-2024)
7.13.4 Shen Zhen Victor Hi-tech Handheld Digital Multimeter Product Offerings
7.13.5 Shen Zhen Victor Hi-tech Recent Development
8 Industry Chain Analysis
8.1 Handheld Digital Multimeter Industrial Chain
8.2 Handheld Digital Multimeter Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Handheld Digital Multimeter Sales Model
8.5.2 Sales Channel
8.5.3 Handheld Digital Multimeter Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
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
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*If Applicable.