Digital Multimeter Global Market Report 2024

Digital Multimeter Global Market Report 2024 – By Product Type (Handheld, Bench-Top, Mounted, Other Product Types), By Ranging Type (Auto-ranging, Manual), By Industry Vertical (Consumer Electronics, Automotive, Power Generation, Healthcare, Other Industries) – Market Size, Trends, And Global Forecast 2024-2033

Digital Multimeter Global Market Report 2024

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Digital Multimeter Global Market Report 2024

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Digital Multimeter Market Definition And Segments

A digital multimeter is a device that can measure two or more electrical quantities simultaneously using a single instrument. It measures and validates a variety of electrical quantities such as voltage, current, and resistance.

The main product types of digital multimeters are handheld, bench-top, mounted and others. Handheld refers to a portable electronic device that can be held and used with just one hand. The various ranging types include auto-ranging and manual ranging and are used by various industry verticals such as consumer electronics, automotive, power generation, healthcare, and others.

The digital multimeter market covered in this report is segmented –

1) By Product Type: Handheld, Bench-Top, Mounted, Other Product Types

2) By Ranging Type: Auto-ranging, Manual

3) By Industry Vertical: Consumer Electronics, Automotive, Power Generation, Healthcare, Other Industries

The digital multimeter market size has grown steadily in recent years. It will grow from $1.11 billion in 2023 to $1.15 billion in 2024 at a compound annual growth rate (CAGR) of 3.6%. The growth in the historic period can be attributed to increased automation, electronics industry growth, telecommunications expansion, increasing number of educational and training institutions.

The digital multimeter market size is expected to see steady growth in the next few years. It will grow to $1.31 billion in 2028 at a compound annual growth rate (CAGR) of 3.3%. The growth in the forecast period can be attributed to renewable energy sector growth, green technology initiatives, globalization and standardization, safety and compliance. Major trends in the forecast period include smart and connected multimeters, advanced measurement capabilities, remote and cloud-based data storage, rapid technological advancements.

Rising Industrial Automation Spurs Growth In The Digital Multimeter Market

An increase in industrial automation is expected to propel the growth of the digital multimeter market going forward. Industrial automation refers to using robots, machines, and control systems to do tasks that humans traditionally carried out. Digital multimeters (DMMs) are used for measuring and validating electrical quantities such as voltage, current, and resistance. They are utilized in industrial automation operations to troubleshoot electrical systems and malfunctions. For instance, in February 2022, according to the International Federation of Robotics, a Germany-based non-profit organization, 3 million industrial robots are already in use in industries around the world, a 10% increase from 2021. Therefore, the increasing adoption of technology and automation in various industries is driving the growth of the digital multimeter market.

Expanding Automotive Industry Propel The Growth Of The Digital Multimeter Market

The expanding automotive industry is expected to propel the growth of the digital multimeter market going forward. The automotive industry refers to a sector that involves various companies and organizations engaged in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles. Digital multimeters are indeed highly versatile and portable tools used extensively in the automotive sector by technicians and mechanics because they provide accurate and reliable measurements, making them invaluable for maintenance and repair tasks in the automotive industry. For instance, in May 2023, according to the European Automobile Manufacturers Association, a Belgium-based automobile manufacturers association, in 2022, the global production of motor vehicles reached 85.4 million units, reflecting a notable increase of 5.7% compared to 2021. Furthermore, according to Brand Finance PLC, a UK-based brand valuation company, in 2022, the automobile sector achieved approximately 78 million unit sales, marking a substantial 10% increase compared to both 2021 and 2020. Therefore, the expanding automotive industry is driving the growth of the digital multimeter market.

Major players in the digital multimeter market are Danaher Corporation, Agilent Technologies Inc., Tektronix Inc., Keysight Technologies Inc., Yokogawa Electric Corporation, Milwaukee Tool, Rohde and Schwarz GmbH and Co. KG, National Instruments Corporation, Fluke Corporation, Craftsman, Adlink Technology Inc., HIOKI E.E. Corporation, Mastech Digital Inc., Greenlee Tools, Ideal Industries Inc., Teledyne LeCroy Inc., TPI Corporation, Etekcity, Giga-Tronics Incorporated, Rigol Technologies Inc., GW Instek, Amprobe, AEMC Instruments, Simpson Electric Company, Sanwa Electric Instrument Co. Ltd., B&K Precision Corporation, Extech Instruments Corporation, Chauvin Arnoux Group, Gossen Metrawatt GmbH, AstroAI Corporation, Innova Corporation.

Challenges Posed By High Cost Of The Digital Multimeter

The increasing cost of digital multimeters is expected to restrain the market’s growth during the forecast period. High-quality digital multimeters are designed to provide precise and accurate measurements. Complex components and calibration are required to achieve and maintain this degree of precision and construction quality, which might raise production costs. The cost of a digital multimeter. For example, in August 2022, according to the Data Intensive and Pervasive Systems Lab, a US-based education portal for electrical and electronics students, the cost of the digital multimeter is very high. Digital multimeters such as Fluke 87V MAX True-RMS cost very high which is $588.99. Therefore, the increasing cost of digital multimeters is hindering the growth of the digital multimeter market going forward .

Innovation In The Digital Multimeter Market Advancements In Infrared Sensor Technology

Companies operating in the digital multimeter market are adopting new technologies, such as digital multimeters with infrared sensors, to sustain their position in the market. A digital multimeter with an infrared sensor incorporates a non-contact infrared thermometer for measuring the surface temperatures of objects. For instance, in May 2023, Teledyne FLIR LLC, a US-based thermography company, launched the DM286 infrared guided measurement (IGM) multimeter. The FLIR DM286 multimeter with IGM has been updated to include FLIR's unique multispectral dynamic imaging (MSX), which enhances the sharpness of thermal images in real time by adding visible light information. This system is intended to make it easier, safer, and faster for electricians to identify hot spots and other trouble locations. It has an inbuilt visible-light camera, a Lepton thermal microcamera with 160 x 120 thermal resolution, and a powerful LED (light-emitting diode) work light for operating MSX in low light.

Teledyne Technologies Strengthens Imaging Portfolio With Acquisition Of Flir Systems

In May 2021, Teledyne Technologies Inc., a US-based multinational technology company, acquired FLIR Systems, Inc. for $8.2 billion. With this acquisition, Teledyne FLIR aims to offer a wide range of imaging technologies and products, from components to whole imaging systems, from X-ray to infrared. FLIR Systems Inc. is a US-based company that manufactures a range of digital multimeters designed for various electrical testing and measurement applications.

Asia-Pacific was the largest region in the digital multimeter market in 2023. The regions covered in digital multimeter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the digital multimeter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The digital multimeter market consists of sales of basic digital multimeters, industrial digital multimeters, PC (personal computer)-based digital multimeters, test leads, alligator clips, temperature probes and calibration tools. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The digital multimeters market research report is one of a series of new reports from The Business Research Company that provides digital multimeters market statistics, including digital multimeters industry global market size, regional shares, competitors with a digital multimeters market share, detailed digital multimeters market segments, market trends and opportunities and any further data you may need to thrive in the digital multimeters industry. This digital multimeters market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Digital Multimeter Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $1.15 billion
Revenue Forecast In 2033 $1.31 billion
Growth Rate CAGR of 3.3% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Product Type: Handheld, Bench-Top, Mounted, Other Product Types
2) By Ranging Type: Auto-ranging, Manual
3) By Industry Vertical: Consumer Electronics, Automotive, Power Generation, Healthcare, Other Industries
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Danaher Corporation; Agilent Technologies Inc.; Tektronix Inc.; Keysight Technologies Inc.; Yokogawa Electric Corporation; Milwaukee Tool; Rohde and Schwarz GmbH and Co. KG; National Instruments Corporation; Fluke Corporation; Craftsman; Adlink Technology Inc.; HIOKI E.E. Corporation; Mastech Digital Inc.; Greenlee Tools; Ideal Industries Inc.; Teledyne LeCroy Inc.; TPI Corporation; Etekcity; Giga-Tronics Incorporated; Rigol Technologies Inc.; GW Instek; Amprobe; AEMC Instruments; Simpson Electric Company; Sanwa Electric Instrument Co. Ltd.; B&K Precision Corporation; Extech Instruments Corporation; Chauvin Arnoux Group; Gossen Metrawatt GmbH; AstroAI Corporation; Innova Corporation
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    Table Of Contents

    1. Executive Summary

    2. Digital Multimeter Market Characteristics

    3. Digital Multimeter Market Trends And Strategies

    4. Digital Multimeter Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Digital Multimeter Market Size and Growth

    5.1. Global Digital Multimeter Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Digital Multimeter Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Digital Multimeter Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Digital Multimeter Market Segmentation

    6.1. Global Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Handheld

    Bench-Top

    Mounted

    Other Product Types

    6.2. Global Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Auto-ranging

    Manual

    6.3. Global Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Consumer Electronics

    Automotive

    Power Generation

    Healthcare

    Other Industries

    7. Digital Multimeter Market Regional And Country Analysis

    7.1. Global Digital Multimeter Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Digital Multimeter Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Digital Multimeter Market  

    8.1. Asia-Pacific Digital Multimeter Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Digital Multimeter Market  

    9.1. China Digital Multimeter Market Overview  

    9.2. China Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Digital Multimeter Market  

    10.1. India Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Digital Multimeter Market  

    11.1. Japan Digital Multimeter Market Overview  

    11.2. Japan Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Digital Multimeter Market  

    12.1. Australia Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Digital Multimeter Market  

    13.1. Indonesia Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Digital Multimeter Market  

    14.1. South Korea Digital Multimeter Market Overview  

    14.2. South Korea Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Digital Multimeter Market  

    15.1. Western Europe Digital Multimeter Market Overview

    15.2. Western Europe Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Digital Multimeter Market  

    16.1. UK Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Digital Multimeter Market  

    17.1. Germany Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Digital Multimeter Market  

    18.5. France Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Digital Multimeter Market  

    19.9. Italy Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Digital Multimeter Market  

    20.13. Spain Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Digital Multimeter Market  

    21.1. Eastern Europe Digital Multimeter Market Overview

    21.2. Eastern Europe Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Digital Multimeter Market  

    22.1. Russia Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Digital Multimeter Market  

    23.1. North America Digital Multimeter Market Overview

    23.2. North America Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Digital Multimeter Market  

    24.1. USA Digital Multimeter Market Overview

    24.2. USA Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Digital Multimeter Market  

    25.1. Canada Digital Multimeter Market Overview

    25.2. Canada Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Digital Multimeter Market  

    26.1. South America Digital Multimeter Market Overview

    26.2. South America Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Digital Multimeter Market  

    27.1. Brazil Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Digital Multimeter Market  

    28.1. Middle East Digital Multimeter Market Overview

    28.2. Middle East Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Digital Multimeter Market  

    29.1. Africa Digital Multimeter Market Overview

    29.2. Africa Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Digital Multimeter Market Competitive Landscape And Company Profiles

    30.1. Digital Multimeter Market Competitive Landscape

    30.2. Digital Multimeter Market Company Profiles

    30.2.1. Danaher Corporation

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Agilent Technologies Inc.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Tektronix Inc.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Keysight Technologies Inc.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Yokogawa Electric Corporation

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Digital Multimeter Market Other Major And Innovative Companies

    31.1. Milwaukee Tool

    31.2. Rohde and Schwarz GmbH and Co. KG

    31.3. National Instruments Corporation

    31.4. Fluke Corporation

    31.5. Craftsman

    31.6. Adlink Technology Inc.

    31.7. HIOKI E.E. Corporation

    31.8. Mastech Digital Inc.

    31.9. Greenlee Tools

    31.10. Ideal Industries Inc.

    31.11. Teledyne LeCroy Inc.

    31.12. TPI Corporation

    31.13. Etekcity

    31.14. Giga-Tronics Incorporated

    31.15. Rigol Technologies Inc.

    32. Global Digital Multimeter Market Competitive Benchmarking

    33. Global Digital Multimeter Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Digital Multimeter Market

    35. Digital Multimeter Market Future Outlook and Potential Analysis

    35.1 Digital Multimeter Market In 2028 - Countries Offering Most New Opportunities

    35.2 Digital Multimeter Market In 2028 - Segments Offering Most New Opportunities

    35.3 Digital Multimeter Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Digital Multimeter Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Digital Multimeter Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Danaher Corporation Financial Performance
  • Table 75: Agilent Technologies Inc. Financial Performance
  • Table 76: Tektronix Inc. Financial Performance
  • Table 77: Keysight Technologies Inc. Financial Performance
  • Table 78: Yokogawa Electric Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Digital Multimeter Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Digital Multimeter Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Digital Multimeter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Digital Multimeter Market, Segmentation By Ranging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Digital Multimeter Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Danaher Corporation Financial Performance
  • Figure 75: Agilent Technologies Inc. Financial Performance
  • Figure 76: Tektronix Inc. Financial Performance
  • Figure 77: Keysight Technologies Inc. Financial Performance
  • Figure 78: Yokogawa Electric Corporation Financial Performance
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Frequently Asked Questions

What is the definition of the digital multimeter market?

A digital multimeter is a device that can measure two or more electrical quantities simultaneously using a single instrument. It measures and validates a variety of electrical quantities such as voltage, current, and resistance. request a sample here

How will the digital multimeter market drivers and restraints affect the digital multimeter market dynamics? What forces will shape the digital multimeter industry going forward?

The digital multimeter market major growth driver - Rising Industrial Automation Spurs Growth In The Digital Multimeter Market. request a sample here

What is the forecast market size or the forecast market value of the digital multimeter market?

The digital multimeter market size has grown steadily in recent years. It will grow from $1.11 billion in 2023 to $1.15 billion in 2024 at a compound annual growth rate (CAGR) of 3.6%. The growth in the historic period can be attributed to increased automation, electronics industry growth, telecommunications expansion, increasing number of educational and training institutions. The digital multimeter market size is expected to see steady growth in the next few years. It will grow to $1.31 billion in 2028 at a compound annual growth rate (CAGR) of 3.3%. The growth in the forecast period can be attributed to renewable energy sector growth, green technology initiatives, globalization and standardization, safety and compliance. Major trends in the forecast period include smart and connected multimeters, advanced measurement capabilities, remote and cloud-based data storage, rapid technological advancements. request a sample here

How is the digital multimeter market segmented?

The digital multimeter market is segmented
1) By Product Type: Handheld, Bench-Top, Mounted, Other Product Types
2) By Ranging Type: Auto-ranging, Manual
3) By Industry Vertical: Consumer Electronics, Automotive, Power Generation, Healthcare, Other IndustriesFor further insights on the digital multimeter market request a sample here

Which region has the largest share of the digital multimeter market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the digital multimeter market in 2023. The regions covered in digital multimeter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. request a sample here.

Who are the major players in the digital multimeter market?

Major players in the digital multimeter market are Danaher Corporation, Agilent Technologies Inc., Tektronix Inc., Keysight Technologies Inc., Yokogawa Electric Corporation, Milwaukee Tool, Rohde and Schwarz GmbH and Co. KG, National Instruments Corporation, Fluke Corporation, Craftsman, Adlink Technology Inc., HIOKI E.E. Corporation, Mastech Digital Inc., Greenlee Tools, Ideal Industries Inc., Teledyne LeCroy Inc., TPI Corporation, Etekcity, Giga-Tronics Incorporated, Rigol Technologies Inc., GW Instek, Amprobe, AEMC Instruments, Simpson Electric Company, Sanwa Electric Instrument Co. Ltd., B&K Precision Corporation, Extech Instruments Corporation, Chauvin Arnoux Group, Gossen Metrawatt GmbH, AstroAI Corporation, Innova Corporation. request a sample here.

What are the key trends in the digital multimeter market?

Major trend in the digital multimeter market - Innovation In The Digital Multimeter Market Advancements In Infrared Sensor Technology. request a sample here.

What are the major opportunities in the digital multimeter market? What are the strategies for the digital multimeter market?

For detailed insights on the major opportunities and strategies in the digital multimeter market, request a sample here.

How does the digital multimeter market relate to the overall economy and other similar markets?

For detailed insights on digital multimeter market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the digital multimeter industry?

For detailed insights on the mergers and acquisitions in the digital multimeter industry, request a sample here.

What are the key dynamics influencing the digital multimeter market growth? SWOT analysis of the digital multimeter market.

For detailed insights on the key dynamics influencing the digital multimeter market growth and SWOT analysis of the digital multimeter industry, request a sample here.