Global Handheld Digital Multimeter Market Report, History and Forecast 2013-2023, Breakdown Data by Manufacturers, Key Regions, Types and Application
This report studies the Handheld Digital Multimeter market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2023; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
A multimeter, also known as a multitester or VOM, is a type of electronic measurement instrument that incorporates several measurement functions in one compact unit. The most basic features include measurement of voltage, current, and resistance. A multimeter can be of two types: analog and digital. An analog multimeter uses a microammeter that includes a pointer moving over a calibrated scale to make various types of measurements. On the other hand, a digital one possesses a display screen that displays the reading in numeric digits. The demand for digital multimeter is increasing compared to analog because of the precise and accurate measurements provided by the digital multimeter. The global Handheld Digital Multimeter market was 535.17 million US$ in 2017 and is expected to 727.26 million US$ in 2023, with a CAGR of 5% between 2017 and 2023.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
The major Handheld Digital Multimeter companies in this report, including
Chauvin Arnoux Group
Shen Zhen Victor Hi-tech
On basis of Region
Rest of Asia-Pacific
Rest of Europe
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
By the product type, the Handheld Digital Multimeter market is primarily split into
By the end users/Application, this report covers the following segments:
The study objectives of this report are:
To study and analyze the global Handheld Digital Multimeter market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Handheld Digital Multimeter market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Handheld Digital Multimeter manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Handheld Digital Multimeter with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Handheld Digital Multimeter submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Handheld Digital Multimeter are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2023
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Handheld Digital Multimeter market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Handheld Digital Multimeter market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.