Los Angeles, CA -- (SBWire) -- 11/30/2018 --This report studies the Digital Multimeter market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; 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 digital multimeter (DMM) is a test tool used to measure two or more electrical values—principally voltage (volts), current (amps) and resistance (ohms). It is a standard diagnostic tool for technicians in the electrical/electronic industries.
China is the largest consumption country of Digital Multimete, with a sales market share nearly 34.25% in 2017.
The second region is North America, following China with the sales market share of 20.56% in 2017.
Digital Multimete used in Industrial Manufacturing, Commercial and Public Utilities. Report data showed that 62.22% of the Digital Multimete market demand in Industrial Manufacturing in 2017.
There are main three kinds of Digital Multimete, which are Handheld Type, Bench-top Type and others. Handheld Type is important in the Digital Multimete, with a consumption market share nearly 81.05% in 2017.
The global Digital Multimeter market was 1070 million US$ in 2017 and is expected to 1540 million US$ by the end of 2025, growing at a CAGR of 4.7% between 2018 and 2025.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Digital Multimeter in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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
Fluke Corporation
Keysight
FLIR
Rohde & Schwarz
Victor
UNI-T
HIOKI
Chauvin Arnoux Group
Klein Tools
B&K Precision Corporation
CEM
Gossen Metrawatt
Prokits Industries Co., LTD
Mastech Group
GW Instek
Sata
Triplett
Leierda
Metrel d.d.
By the product type, the market is primarily split into
Handheld Type
Bench-top Type
Others
By the end users/application, this report covers the following segments
Industrial Manufacturing
Commercial
Public Utilities
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Global Digital Multimeter Market Evaluation with Focus on Development & Trends 2018 – 2025
The report covers the present scenario and the growth prospects of the global Digital Multimeter Market for 2018-2025. To calculate the market size, the report considers the in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.