Global Digit Handheld Multimeters Market Growth 2025-2031
Description
The global Digit Handheld Multimeters market size is predicted to grow from US$ 977 million in 2025 to US$ 1229 million in 2031; it is expected to grow at a CAGR of 3.9% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
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. It is a standard diagnostic tool for technicians in the electrical/electronic industries.
Increasing Use of Electronics and Electrical Devices: With the rising use of electronics and electrical devices in various industries and consumer applications, there is a growing demand for handheld multimeters to measure voltage, current, resistance, and other electrical parameters.
Competitive Market: The handheld multimeter market is highly competitive, with numerous manufacturers offering a wide range of products at various price points. This intense competition can put pressure on prices and profit margins.
LP Information, Inc. (LPI) ' newest research report, the “Digit Handheld Multimeters Industry Forecast” looks at past sales and reviews total world Digit Handheld Multimeters sales in 2024, providing a comprehensive analysis by region and market sector of projected Digit Handheld Multimeters sales for 2025 through 2031. With Digit Handheld Multimeters sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Digit Handheld Multimeters industry.
This Insight Report provides a comprehensive analysis of the global Digit Handheld Multimeters landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Digit Handheld Multimeters portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Digit Handheld Multimeters market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Digit Handheld Multimeters and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Digit Handheld Multimeters.
This report presents a comprehensive overview, market shares, and growth opportunities of Digit Handheld Multimeters market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Manual Range
Automatic Range
Segmentation by Application:
Industrial and Commercial Enterprises
Government
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Fluke Corporation
Keysight
FLIR
Victor
UNI-T
Chauvin Arnoux Group
Klein Tools
CEM
Gossen Metrawatt
Mastech Group
GW Instek
Sata
Triplett
Leierda
Metrel d.d.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Digit Handheld Multimeters market?
What factors are driving Digit Handheld Multimeters market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Digit Handheld Multimeters market opportunities vary by end market size?
How does Digit Handheld Multimeters break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
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. It is a standard diagnostic tool for technicians in the electrical/electronic industries.
Increasing Use of Electronics and Electrical Devices: With the rising use of electronics and electrical devices in various industries and consumer applications, there is a growing demand for handheld multimeters to measure voltage, current, resistance, and other electrical parameters.
Competitive Market: The handheld multimeter market is highly competitive, with numerous manufacturers offering a wide range of products at various price points. This intense competition can put pressure on prices and profit margins.
LP Information, Inc. (LPI) ' newest research report, the “Digit Handheld Multimeters Industry Forecast” looks at past sales and reviews total world Digit Handheld Multimeters sales in 2024, providing a comprehensive analysis by region and market sector of projected Digit Handheld Multimeters sales for 2025 through 2031. With Digit Handheld Multimeters sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Digit Handheld Multimeters industry.
This Insight Report provides a comprehensive analysis of the global Digit Handheld Multimeters landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Digit Handheld Multimeters portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Digit Handheld Multimeters market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Digit Handheld Multimeters and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Digit Handheld Multimeters.
This report presents a comprehensive overview, market shares, and growth opportunities of Digit Handheld Multimeters market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Manual Range
Automatic Range
Segmentation by Application:
Industrial and Commercial Enterprises
Government
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Fluke Corporation
Keysight
FLIR
Victor
UNI-T
Chauvin Arnoux Group
Klein Tools
CEM
Gossen Metrawatt
Mastech Group
GW Instek
Sata
Triplett
Leierda
Metrel d.d.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Digit Handheld Multimeters market?
What factors are driving Digit Handheld Multimeters market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Digit Handheld Multimeters market opportunities vary by end market size?
How does Digit Handheld Multimeters break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
112 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Digit Handheld Multimeters by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Digit Handheld Multimeters by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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