Global Handheld Digital Multimeter Market Growth 2026-2032
Description
The global Handheld Digital Multimeter market size is predicted to grow from US$ 762 million in 2025 to US$ 1222 million in 2032; it is expected to grow at a CAGR of 7.0% from 2026 to 2032.
A handheld digital multimeter (handheld DMM) is a portable electronic measuring instrument that combines several measurement functions—typically DC/AC voltage, DC/AC current, resistance, and continuity test—into a single battery-powered device, with readings displayed on an LCD/LED screen. It is designed to be used in the field with one hand, often featuring rugged housing, safety ratings (CAT II–CAT IV), and multiple additional functions such as capacitance, frequency, temperature, and diode tests. In 2025, global handheld digital multimeter production reached approximately 64027 k units. Global production capacity in 2025 is approximately 85600 k units. Upstream of the handheld digital multimeter value chain thus consists of semiconductor IC vendors, passive component makers, display manufacturers, plastics and probe/cable suppliers that provide the key measurement, protection, and user-interface components. Downstream users rely on handheld digital multimeters for installation, commissioning, troubleshooting, and preventive maintenance, making handheld digital multimeters one of the most ubiquitous instruments across the electrical and electronics ecosystem.
The global handheld digital multimeter market is driven by expanding industrial automation, electrification, renewable energy deployment (wind/solar/ESS), EV charging infrastructure, smart buildings, and electrical safety compliance. Demand further accelerates in electronics/semiconductor manufacturing, automotive electronics and EV platforms, railway and infrastructure projects, which require bench-top precision and ATE-integrated DMM solutions for R&D and functional testing.
LP Information, Inc. (LPI) ' newest research report, the “Handheld Digital Multimeter Industry Forecast” looks at past sales and reviews total world Handheld Digital Multimeter sales in 2025, providing a comprehensive analysis by region and market sector of projected Handheld Digital Multimeter sales for 2026 through 2032. With Handheld Digital Multimeter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Handheld Digital Multimeter industry.
This Insight Report provides a comprehensive analysis of the global Handheld Digital Multimeter 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 Handheld Digital Multimeter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Handheld Digital Multimeter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Handheld Digital Multimeter 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 Handheld Digital Multimeter.
This report presents a comprehensive overview, market shares, and growth opportunities of Handheld Digital Multimeter market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
General-purpose (3½–4½ digits)
High-precision (5½–7½ digits)
Segmentation by Measurement Technology:
True RMS
Average-Responding
Segmentation by Measurement Functions:
Basic Electrical DMM
Multifunction DMM
Specialty DMM
Segmentation by Explosion-proof Requirements:
Explosion-proof
Non-explosion-proof
Segmentation by Application:
Industrial Manufacturing
Commercial
Public Utilities
Vehicles
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
UNI-T
FLIR
Victor
HIOKI
CEM
Gossen Metrawatt
MGL International (Mastech)
Chauvin Arnoux Group
Klein Tools
B&K Precision Corporation
Prokits Industries Co., LTD
Sata
Mastech Group
Tektronix
Honeytek
GW Instek
Triplett
Leierda
Metrel d.d.
Yokogawa
Amprobe
Key Questions Addressed in this Report
What is the 10-year outlook for the global Handheld Digital Multimeter market?
What factors are driving Handheld Digital Multimeter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Handheld Digital Multimeter market opportunities vary by end market size?
How does Handheld Digital Multimeter break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
A handheld digital multimeter (handheld DMM) is a portable electronic measuring instrument that combines several measurement functions—typically DC/AC voltage, DC/AC current, resistance, and continuity test—into a single battery-powered device, with readings displayed on an LCD/LED screen. It is designed to be used in the field with one hand, often featuring rugged housing, safety ratings (CAT II–CAT IV), and multiple additional functions such as capacitance, frequency, temperature, and diode tests. In 2025, global handheld digital multimeter production reached approximately 64027 k units. Global production capacity in 2025 is approximately 85600 k units. Upstream of the handheld digital multimeter value chain thus consists of semiconductor IC vendors, passive component makers, display manufacturers, plastics and probe/cable suppliers that provide the key measurement, protection, and user-interface components. Downstream users rely on handheld digital multimeters for installation, commissioning, troubleshooting, and preventive maintenance, making handheld digital multimeters one of the most ubiquitous instruments across the electrical and electronics ecosystem.
The global handheld digital multimeter market is driven by expanding industrial automation, electrification, renewable energy deployment (wind/solar/ESS), EV charging infrastructure, smart buildings, and electrical safety compliance. Demand further accelerates in electronics/semiconductor manufacturing, automotive electronics and EV platforms, railway and infrastructure projects, which require bench-top precision and ATE-integrated DMM solutions for R&D and functional testing.
LP Information, Inc. (LPI) ' newest research report, the “Handheld Digital Multimeter Industry Forecast” looks at past sales and reviews total world Handheld Digital Multimeter sales in 2025, providing a comprehensive analysis by region and market sector of projected Handheld Digital Multimeter sales for 2026 through 2032. With Handheld Digital Multimeter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Handheld Digital Multimeter industry.
This Insight Report provides a comprehensive analysis of the global Handheld Digital Multimeter 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 Handheld Digital Multimeter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Handheld Digital Multimeter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Handheld Digital Multimeter 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 Handheld Digital Multimeter.
This report presents a comprehensive overview, market shares, and growth opportunities of Handheld Digital Multimeter market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
General-purpose (3½–4½ digits)
High-precision (5½–7½ digits)
Segmentation by Measurement Technology:
True RMS
Average-Responding
Segmentation by Measurement Functions:
Basic Electrical DMM
Multifunction DMM
Specialty DMM
Segmentation by Explosion-proof Requirements:
Explosion-proof
Non-explosion-proof
Segmentation by Application:
Industrial Manufacturing
Commercial
Public Utilities
Vehicles
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
UNI-T
FLIR
Victor
HIOKI
CEM
Gossen Metrawatt
MGL International (Mastech)
Chauvin Arnoux Group
Klein Tools
B&K Precision Corporation
Prokits Industries Co., LTD
Sata
Mastech Group
Tektronix
Honeytek
GW Instek
Triplett
Leierda
Metrel d.d.
Yokogawa
Amprobe
Key Questions Addressed in this Report
What is the 10-year outlook for the global Handheld Digital Multimeter market?
What factors are driving Handheld Digital Multimeter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Handheld Digital Multimeter market opportunities vary by end market size?
How does Handheld Digital Multimeter break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
153 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 Handheld Digital Multimeter 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 Handheld Digital Multimeter by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
