
Global Multimeters Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch's in-depth investigation and research, the global Multimeters market size will reach 1,263.83 Million USD in 2025 and is projected to reach 1,591.70 Million USD by 2032, with a CAGR of 3.35% (2025-2032). Notably, the China Multimeters market has changed rapidly in the past few years. By 2025, China's market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
A multimeter, short for “multiple meter,” is a versatile electronic measuring instrument used to measure various electrical quantities such as voltage, current, and resistance. It combines several measurement functions into a single device, typically featuring a digital or analog display. Multimeters usually have several input jacks to connect test leads or probes that can be used to measure voltage across components, current flowing through circuits, or resistance of resistors or other components. They may also offer functions like continuity testing, diode testing, frequency measurement, and capacitance measurement. Multimeters are widely used by electricians, technicians, engineers, and hobbyists for troubleshooting electrical and electronic systems, verifying circuit behavior, and conducting general electrical measurements. They come in different types and models, including handheld portable units and benchtop versions, with varying levels of accuracy, features, and capabilities to suit different applications and user requirements.
The major global suppliers of Multimeters include Fluke Corporation, Keysight, FLIR, Rohde & Schwarz, Victor, UNI-T, HIOKI, Klein Tools, Chauvin Arnoux Group, B&K Precision Corporation, CEM, Prokits Industries, Gossen Metrawatt, Mastech Group, GW Instek, Sata, Triplett, Leierda, Metrel d.d., etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Multimeters. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major suppliers, as well as the market status and trends of different product types and applications in the global Multimeters market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Multimeters market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Multimeters industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Suppliers of Multimeters Include:
Fluke Corporation
Keysight
FLIR
Rohde & Schwarz
Victor
UNI-T
HIOKI
Klein Tools
Chauvin Arnoux Group
B&K Precision Corporation
CEM
Prokits Industries
Gossen Metrawatt
Mastech Group
GW Instek
Sata
Triplett
Leierda
Metrel d.d.
Multimeters Product Segment Include:
Handheld Multimeters
Bench-Top Multimeters
Others
Multimeters Product Application Include:
Industrial Manufacturing
Commercial
Public Utilities
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Multimeters Industry PESTEL Analysis
Chapter 3: Global Multimeters Industry Porter's Five Forces Analysis
Chapter 4: Global Multimeters Major Regional Market Size (Revenue) and Forecast Analysis
Chapter 5: Global Multimeters Competitive Analysis of Key Suppliers (Revenue, Market Share, Regional Distribution and Industry Concentration)
Chapter 6: Global Multimeters Revenue and Forecast Analysis by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)
Chapter 8: Industrial Chain Analysis, Multimeters Different Application Market Analysis (Revenue and Forecast) and Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
According to DIResearch's in-depth investigation and research, the global Multimeters market size will reach 1,263.83 Million USD in 2025 and is projected to reach 1,591.70 Million USD by 2032, with a CAGR of 3.35% (2025-2032). Notably, the China Multimeters market has changed rapidly in the past few years. By 2025, China's market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
A multimeter, short for “multiple meter,” is a versatile electronic measuring instrument used to measure various electrical quantities such as voltage, current, and resistance. It combines several measurement functions into a single device, typically featuring a digital or analog display. Multimeters usually have several input jacks to connect test leads or probes that can be used to measure voltage across components, current flowing through circuits, or resistance of resistors or other components. They may also offer functions like continuity testing, diode testing, frequency measurement, and capacitance measurement. Multimeters are widely used by electricians, technicians, engineers, and hobbyists for troubleshooting electrical and electronic systems, verifying circuit behavior, and conducting general electrical measurements. They come in different types and models, including handheld portable units and benchtop versions, with varying levels of accuracy, features, and capabilities to suit different applications and user requirements.
The major global suppliers of Multimeters include Fluke Corporation, Keysight, FLIR, Rohde & Schwarz, Victor, UNI-T, HIOKI, Klein Tools, Chauvin Arnoux Group, B&K Precision Corporation, CEM, Prokits Industries, Gossen Metrawatt, Mastech Group, GW Instek, Sata, Triplett, Leierda, Metrel d.d., etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Multimeters. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major suppliers, as well as the market status and trends of different product types and applications in the global Multimeters market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Multimeters market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Multimeters industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Suppliers of Multimeters Include:
Fluke Corporation
Keysight
FLIR
Rohde & Schwarz
Victor
UNI-T
HIOKI
Klein Tools
Chauvin Arnoux Group
B&K Precision Corporation
CEM
Prokits Industries
Gossen Metrawatt
Mastech Group
GW Instek
Sata
Triplett
Leierda
Metrel d.d.
Multimeters Product Segment Include:
Handheld Multimeters
Bench-Top Multimeters
Others
Multimeters Product Application Include:
Industrial Manufacturing
Commercial
Public Utilities
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Multimeters Industry PESTEL Analysis
Chapter 3: Global Multimeters Industry Porter's Five Forces Analysis
Chapter 4: Global Multimeters Major Regional Market Size (Revenue) and Forecast Analysis
Chapter 5: Global Multimeters Competitive Analysis of Key Suppliers (Revenue, Market Share, Regional Distribution and Industry Concentration)
Chapter 6: Global Multimeters Revenue and Forecast Analysis by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)
Chapter 8: Industrial Chain Analysis, Multimeters Different Application Market Analysis (Revenue and Forecast) and Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Multimeters Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Multimeters Product by Type
- 1.2.1 Handheld Multimeters
- 1.2.2 Bench-Top Multimeters
- 1.2.3 Others
- 1.3 Multimeters Product by Application
- 1.3.1 Industrial Manufacturing
- 1.3.2 Commercial
- 1.3.3 Public Utilities
- 1.4 Global Multimeters Market Size Analysis (2020-2032)
- 1.5 Multimeters Market Development Status and Trends
- 1.5.1 Multimeters Industry Development Status Analysis
- 1.5.2 Multimeters Industry Development Trends Analysis
- 2 Multimeters Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Multimeters Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Multimeters Market Analysis by Country
- 4.1 Global Multimeters Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Multimeters Revenue Analysis by Country (2020-2025)
- 4.1.2 Global Multimeters Revenue Forecast Analysis by Country (2026-2032)
- 4.2 United States Multimeters Market Revenue and Growth Rate (2020-2032)
- 4.3 Germany Multimeters Market Revenue and Growth Rate (2020-2032)
- 4.4 Japan Multimeters Market Revenue and Growth Rate (2020-2032)
- 4.5 China Multimeters Market Revenue and Growth Rate (2020-2032)
- 4.6 France Multimeters Market Revenue and Growth Rate (2020-2032)
- 4.7 U.K. Multimeters Market Revenue and Growth Rate (2020-2032)
- 4.8 South Korea Multimeters Market Revenue and Growth Rate (2020-2032)
- 4.9 Canada Multimeters Market Revenue and Growth Rate (2020-2032)
- 4.10 Italy Multimeters Market Revenue and Growth Rate (2020-2032)
- 4.11 Russia Multimeters Market Revenue and Growth Rate (2020-2032)
- 4.12 Mexico Multimeters Market Revenue and Growth Rate (2020-2032)
- 4.13 Brazil Multimeters Market Revenue and Growth Rate (2020-2032)
- 4.14 India Multimeters Market Revenue and Growth Rate (2020-2032)
- 4.15 Vietnam Multimeters Market Revenue and Growth Rate (2020-2032)
- 4.16 Thailand Multimeters Market Revenue and Growth Rate (2020-2032)
- 4.17 South Africa Multimeters Market Revenue and Growth Rate (2020-2032)
- 5 Competition by Suppliers
- 5.1 Global Multimeters Market Revenue by Key Suppliers (2021-2025)
- 5.2 Multimeters Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Multimeters Competitive Landscape Analysis
- 5.2.2 Global Key Suppliers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Multimeters Market Analysis by Type
- 6.1 Global Multimeters Market Size Analysis by Type: 2024 VS 2025 VS 2032
- 6.2 Global Multimeters Revenue and Forecast Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 Fluke Corporation
- 7.1.1 Fluke Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 Fluke Corporation Multimeters Product Portfolio
- 7.1.3 Fluke Corporation Multimeters Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.2 Keysight
- 7.2.1 Keysight Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 Keysight Multimeters Product Portfolio
- 7.2.3 Keysight Multimeters Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.3 FLIR
- 7.3.1 FLIR Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 FLIR Multimeters Product Portfolio
- 7.3.3 FLIR Multimeters Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.4 Rohde & Schwarz
- 7.4.1 Rohde & Schwarz Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 Rohde & Schwarz Multimeters Product Portfolio
- 7.4.3 Rohde & Schwarz Multimeters Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.5 Victor
- 7.5.1 Victor Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 Victor Multimeters Product Portfolio
- 7.5.3 Victor Multimeters Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.6 UNI-T
- 7.6.1 UNI-T Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 UNI-T Multimeters Product Portfolio
- 7.6.3 UNI-T Multimeters Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.7 HIOKI
- 7.7.1 HIOKI Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.7.2 HIOKI Multimeters Product Portfolio
- 7.7.3 HIOKI Multimeters Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.8 Klein Tools
- 7.8.1 Klein Tools Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.8.2 Klein Tools Multimeters Product Portfolio
- 7.8.3 Klein Tools Multimeters Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.9 Chauvin Arnoux Group
- 7.9.1 Chauvin Arnoux Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.9.2 Chauvin Arnoux Group Multimeters Product Portfolio
- 7.9.3 Chauvin Arnoux Group Multimeters Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.10 B&K Precision Corporation
- 7.10.1 B&K Precision Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.10.2 B&K Precision Corporation Multimeters Product Portfolio
- 7.10.3 B&K Precision Corporation Multimeters Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.11 CEM
- 7.11.1 CEM Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.11.2 CEM Multimeters Product Portfolio
- 7.11.3 CEM Multimeters Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.12 Prokits Industries
- 7.12.1 Prokits Industries Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.12.2 Prokits Industries Multimeters Product Portfolio
- 7.12.3 Prokits Industries Multimeters Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.13 Gossen Metrawatt
- 7.13.1 Gossen Metrawatt Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.13.2 Gossen Metrawatt Multimeters Product Portfolio
- 7.13.3 Gossen Metrawatt Multimeters Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.14 Mastech Group
- 7.14.1 Mastech Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.14.2 Mastech Group Multimeters Product Portfolio
- 7.14.3 Mastech Group Multimeters Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.15 GW Instek
- 7.15.1 GW Instek Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.15.2 GW Instek Multimeters Product Portfolio
- 7.15.3 GW Instek Multimeters Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.16 Sata
- 7.16.1 Sata Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.16.2 Sata Multimeters Product Portfolio
- 7.16.3 Sata Multimeters Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.17 Triplett
- 7.17.1 Triplett Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.17.2 Triplett Multimeters Product Portfolio
- 7.17.3 Triplett Multimeters Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.18 Leierda
- 7.18.1 Leierda Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.18.2 Leierda Multimeters Product Portfolio
- 7.18.3 Leierda Multimeters Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.19 Metrel d.d.
- 7.19.1 Metrel d.d. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.19.2 Metrel d.d. Multimeters Product Portfolio
- 7.19.3 Metrel d.d. Multimeters Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 8 Industry Chain Analysis
- 8.1 Multimeters Industry Chain Analysis
- 8.2 Multimeters Product Downstream Application Analysis
- 8.2.1 Global Multimeters Market Size and Growth Rate (CAGR) by Application: 2024 VS 2025 VS 2032
- 8.2.2 Global Multimeters Revenue and Forecast by Application (2020-2032)
- 8.3 Multimeters Typical Downstream Customers
- 8.4 Multimeters Sales Channel Analysis
- 9 Research Findings and Conclusion
- 10 Methodology and Data Source
- 10.1 Methodology/Research Approach
- 10.2 Research Scope
- 10.3 Benchmarks and Assumptions
- 10.4 Date Source
- 10.4.1 Primary Sources
- 10.4.2 Secondary Sources
- 10.5 Data Cross Validation
- 10.6 Disclaimer
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