Digital Multimeter Market 2019-2024: Global Size, Share, Trends, Analysis & Research Report

1. Global Digital Multimeter Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Digital Multimeter Market Overview: As per the latest report by IMARC Group, titled “Digital Multimeter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global digital multimeter market size is expanding at a steady rate. Digital multimeters (DMMs) are testing tools used for measuring two or more electrical values such as voltage (volts), current (amperes) and resistance (ohms). They perform tests on the operation of diodes, transistors, or electrical continuity. In addition to this, they are portable, and their digital or liquid crystal display (LCD) have no moving parts, thereby making them free from wear and shock failures. DMMs are rapidly replacing analog meters due to their ability to measure different parameters with greater accuracy, reliability and improved impedance. As a result, they are widely utilized for troubleshooting various electrical issues in industrial as well as domestic devices, such as motor controls, power supplies and wiring systems. Global Digital Multimeter Market Trends: Rapid industrialization, in confluence with the burgeoning electronics industry, represents one of the significant factors propelling the growth of the digital multimeter market. The boosting sales of electronic devices across different industry verticals has positively influenced the demand for these devices among professionals.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Billion US$ in Billion US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Furthermore, on account of their cost-effectiveness and multi-functionality, DMMs are increasingly being preferred over voltmeters and ohmmeters. Besides this, the increasing trend of digitalization is also strengthening the market growth. Looking forward, the market is anticipated to grow at a CAGR of around 4% during 2019-2024. Request for a free sample report: https://www.imarcgroup.com/digital-multimeter- market/requestsample

5. Report Description and Highlights Report Description Apart from this, owing to the various technological advancements in the production process, manufacturers are incorporating other measuring instruments, such as insulation testers and infrared thermometers in DMMs. Other features, including dielectric absorption, polarization index and earth- bond resistance are also being included in these devices to offer improved efficiency and user-friendly experience. Key Market Segmentation: Market Segmentation by Product Type • • • • Handheld Bench-Top Mounted Others Based on the product type, the market has been classified into handheld, bench-top, mounted and others. For more information, click here: https://www.imarcgroup.com/digital-multimeter-market

6. Report Description and Highlights Report Description Market Segmentation by Region • • • • • North America Europe Asia Pacific Middle East and Africa Latin America Region-wise, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Market Segmentation by End Use Industry • • • • • Automotive Manufacturing Energy Utility Others

7. Report Description and Highlights Report Description The market has been analyzed on the basis of the end use industry into automotive, manufacturing, energy, utility and others. Market Segmentation by Functionality • • • • Auto Ranging Clamp Digital Fluke Digital Others On the basis of the functionality, the market has been segregated into auto ranging, clamp digital, fluke digital and others. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players. • Agilent Technologies

8. Report Description and Highlights Report Description • • • • • • • • • • • • • Anritsu Danaher Rohde & Schwarz Tektronix Adlink Technology Aeroflex Ametek Giga-tronics National Instruments Rigol Technologies Teledyne LeCroy Teradyne Yokagawa Electric Browse Related Report Digital Camera Market Report: https://www.imarcgroup.com/digital-camera-market Digital Video Content Market Report: https://www.imarcgroup.com/digital-video-content-market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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