Global (AMER, APAC, BRICS and EMEA) Handheld Digital Multimeter Market Research Report 2019-2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Handheld Digital Multimeter Market



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, but analog multimeters are still preferable in some cases, for example when monitoring a rapidly varying value. A multimeter can be a hand-held device useful for basic fault finding and field service work, or a bench instrument which can measure to a very high degree of accuracy. They can be used to troubleshoot electrical problems in a wide array of industrial and household devices such as electronic equipment, motor controls, domestic appliances, power supplies, and wiring systems. Multimeters are available in a wide range of features and prices. Cheap multimeters can cost less than US$10, while General Purpose-grade models with certified calibration can cost more than US$5,000. Primary driver for Digital Multimeter market is the multi functionality and features such as accuracy, flexible to use, portability, dual display resolution, and Lifetime warranty. These features and multi functionality expected to increase the demand for Digital Multimeter. Adoption electronic devices across many industry verticals is increasing steadily year on year. This development made the digital multimeter's usage by electrical professionals to measure the voltage, current and resistance of electronics devices also increasing. 
In 2019, the market size of Handheld Digital Multimeter is 562.6 million US$ and it will reach 798.6 million US$ in 2025, growing at a CAGR of 5.1% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. 
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Handheld Digital Multimeter. This report studies the global market size of Handheld Digital Multimeter, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Handheld Digital Multimeter production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019. 

Market Segmentation, Outlook & Regional Insights: Handheld Digital Multimeter Market

Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
3.5 Digit
4.5 Digit
Others

Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:

Industrial
General Purpose
Others

Key Players, Recent Developments & Sector Viewpoints: Handheld Digital Multimeter Market
 
Fluke
Keysight Technologies
FLIR Systems
Yokogawa
HIOKI
Chauvin Arnoux Group
Klein Tools
Amprobe
B&K Precision
Mastech Digital
Uni-Trend Technology
CEM
Shen Zhen Victor Hi-tech

Key Insights Covered: Exhaustive Handheld Digital Multimeter Market
1.  Market size (sales, revenue and growth rate) of Handheld Digital Multimeter industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Handheld Digital Multimeter industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Handheld Digital Multimeter industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Handheld Digital Multimeter industry.

Research Methodology: Handheld Digital Multimeter Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.