Handheld Digital Multimeter Market Outlook 2031

  • The global handheld digital multimeter market was valued at US$ 508.5 Mn in 2020
  • It is estimated to expand at a CAGR of 4.5% from 2021 to 2031
  • The global handheld digital multimeter market is expected to cross the value at US$ 808.8 Mn by the end of 2031

Analysts’ Viewpoint on Handheld Digital Multimeter Market Scenario

The global handheld digital multimeter market is driven by the increasing penetration of electronic & electrical devices across various end-use industries. In addition, low prices of handheld digital multimeter boost the growth of the market. Key players operating in the global handheld digital multimeter market are focusing on innovative strategies to attract more customers. The increasing adoption of handheld digital multimeter in residential, commercial, and electrical industries is driving market growth. Electric technicians are increasingly being used the handheld digital multimeter for battery testing to check state of a wire or plug point in an extension cord, testing electrical appliances, and testing standard plug points. It can also be used for sensor and production testing, voltage reference testing, and research & development.

Increase in Troubleshooting Demand to Boost Global Handheld Digital Multimeter Market

The rise in demand for handheld digital multimeter from engineer, electrician, or technician is driving the market growth in the upcoming years. These devices are increasingly used for troubleshooting purposes. These electronic testing tools are required in manufacturing industries on a daily basis. Industrial workplaces or factories use them for regular maintenance and repairs, and also for designing and installing new systems. Handheld digital multimeter is a versatile and portable instrument that can be used as a standard diagnostic tool by technicians. Electrical engineers and technicians are essentially make use of digital multimeter in order to design, maintain, and repair electronic systems.

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Flourishing Growth in Asia Pacific Creating Profitable Avenues

Asia Pacific accounts for the largest share of the global handheld digital multimeter market. Asia Pacific market growth is attributable to increasing applications of testing & measurement equipment. The increasing research & development activities in Asia Pacific in order to improve the performance of the equipment used in manufacturing industries is also contributing to the market growth in the region. Surge in demand for electrical devices, rise in disposable income, and increase sales of home electronic appliances boost the global market growth in Asia Pacific. The market is growing rapidly in Asia Pacific countries such as India and China. The Asia Pacific handheld digital multimeter market is driven by the factors such as lucrative presence of manufactures in the region. Manufacturers operating in the Asia Pacific handheld digital multimeter market are expected to gain profitable growth opportunities in the upcoming years.

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Surge in Demand for Handheld Digital Multimeter Due to Predictive Maintenance Strategies

The increasing implementation of predictive maintenance in various industries in order to reduce the machine and asset down time is fueling the expansion of the global handheld digital multimeter market. Various electrical tools and machineries are need to be test and validate for improving performance and reduce the risk of damage. The handheld digital multimeter is used in industries to avoid losses due to faulty instruments. Increasing demand for accuracy, safety in temperature measurement, continuity tests, diode tests, etc. is expected to accelerate the market growth during the forecast period. Handheld digital multimeter is a device used to diagnose various electrical issues in industrial tools, home electronic devices, motor controllers, power supply, wiring systems, etc. Technological advancement in these devices has led to rising sales of digital multimeter across the globe. Various innovative functions are being introduced by the market players, along with functions such as current, voltage, and resistance.

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Impact of COVID-19 on Handheld Digital Multimeter Market

COVID-19 is a threatening global pandemic that has affected almost every industry. The rapidly spreading coronavirus has harshly affected all the business operations across the globe. The disruption in supply chain can be seen impacting on global economy. There has been a huge impact on the global handheld digital multimeter market due to prolonged lockdown and halting of businesses. However, the increasing demand for electronics technicians across the globe is driving the expansion of the global handheld digital multimeter market during the forecast period.

Market stakeholders are introducing innovative products to boost the sales of digital multimeter. Manufacturers are all set to re-establish their businesses to keep the economies running during pandemic. Increase in adoption of smart electronic devices & household electronic equipment and rise in usage of handheld digital multimeter by electricians fueling the expansion of the global handheld digital multimeter market. Growth and expansion of industrial and manufacturing sectors are also responsible for creating profitable opportunities for the market players.

Handheld Digital Multimeter Market: Overview

  • According to Transparency Market Research’s latest research report on the global handheld digital multimeter market for the historical period 2017–2019 and the forecast period 2021–2031, key factors driving the market include increased penetration of electronic and electrical devices across various end-use industries and the low cost and multifunctional nature of handheld digital multimeters

Increase in Demand for Predictive Maintenance Strategies: Key Driver of Handheld Digital Multimeter Market

  • Industry 4.0 practices have increased focused on predictive maintenance, thereby reducing the machine and asset down time. Testing and validation of different electrical machinery and infrastructure is carried out consistently to avoid reactive maintenance, as the losses due this are significantly high.
  • Losses occurring due to electrical fault are considerably more expensive than others. Preventive maintenance rather considers the actual use of the object instead of relying on pre-scheduled maintenance. Preventive maintenance is usually done when maintenance costs are not very high and maintenance can be carried out at convenient times.
  • Unplanned downtime in industries is costing industrial manufacturers. Test and measurement instruments play an important role to avoid these huge losses, and the handheld digital multimeter is one of the handy tools used by the engineers, technicians, and electricians to measure various electrical parameters, irrespective of the industry.
  • Handheld digital multimeters can be used to diagnose electrical issues in diverse industrial and home devices, including electronic equipment, motor controllers, domestic appliances, power supply, and wiring systems
  • Multiple functions are currently being introduced along with basic measurement of current, voltage and resistance. Based on how advanced the multimeter is, one can also conduct continuity tests, diode tests, and temperature measurements. Thus, this helps technicians to enhance accuracy and safety.
  • Considering these factors, demand for handheld digital multimeter is anticipated to rise during the forecast period

Rise in Demand from Engineer, Electrician, or Technician for Troubleshooting to Boost Handheld Digital Multimeter Market

  • Handheld digital multimeters are widely utilized as a standard diagnostic tool by technicians, owing to their versatility and portability. It's a daily diagnostic instrument that combines features such as voltmeter, ammeter, and ohmmeter. It is being utilized by technicians and electrical engineers on a daily basis.
  • Electronics technicians are essentially technicians who design, maintain, and repair electronic systems, the need for electronics technicians or professionals is present at some point in almost every modern industry. There are certain industries that have significantly changed due to the COVID-19 pandemic, and are expected to witness significantly high demand for electronics technicians.
  • The need for electronic testing tools is estimated to increase, as industrial workplaces and manufacturing facilities continue to implement automated systems. Factories are likely to require tools for troubleshooting from designing and installing new systems, to regular maintenance and repairs, to upgrades due to technological advancements.
  • Various applications where multimeters are employed by technicians are battery testing, to check state of a wire or plug point in an extension cord, testing electrical appliances, testing standard plug points, digital multimeter applications also include sensor and production testing, voltage reference testing, and research and development
  • Benefits offered by handheld digital multimeter to various end-users, such as residential, commercial & electrical sectors, have fueled their adoption across the globe

Handheld Digital Multimeter Market: Competition Landscape

  • Detailed profiles of providers of handheld digital multimeter have been provided in the report in order to evaluate their financials, key product offerings, recent developments, and strategies
  • Key players operating in the global handheld digital multimeter market include
    • Fluke Corporation
    • Keysight Technologies
    • Agilent Technologies
    • Klein Tools

Handheld Digital Multimeter Market: Key Developments

  • Key providers of handheld digital multimeters are focused on the design of cost-effective handheld digital multimeters to attract more customers. Other key developments in the global handheld digital multimeter market have been highlighted below:
    • In August 2021, Fluke Corporation launched Fluke 393 FC CAT III 1500 V True-RMS Clamp Meter with iFlex, the world’s only 1500 V CAT III, IP54 rated, thin jaw clamp meter. With its CAT III 1500 V / CAT IV 600 V safety rating, the 393 FC provides safety to work in DC environments up to 1500 volts, such as wind power, solar arrays, electric railways, and datacenter battery banks for uninterruptible power supplies.
    • In August 2021, HIOKI E.E. CORPORATION launched Digital Multimeter DT4261. It had features such as one touch design that makes it easy to attach and detach the sensor to CAN cables. When the Wireless Adapter Z3210 is installed the Bluetooth wireless communication is enabled. It is likely to boost work efficiency in the field by measuring data directly into Excel templates.
    • In August 2020, Klein Tools, Inc. launched new and improved line of digital clamp meters. This clamp meter had featured with integrated NCV tester on all meters with audible & visual indicators, larger jaw opening. Improvements in temperature accuracy and added TRMS to CL220 make the new line a good addition to professional tool bags.
  • In the global handheld digital multimeter market report, we have discussed individual strategies, followed by company profiles of providers of handheld digital multimeter. The ‘Competition Landscape’ section has been included in the report to provide readers with a dashboard view and company market share analysis of key players operating in the global handheld digital multimeter market.

Handheld Digital Multimeter Market Snapshot

Attribute

Detail

Market Size Value in 2020 (Base Year)

US$ 508.5 Mn

Market Forecast Value in 2031

US$ 808.8 Mn

Growth Rate (CAGR)

4.5%

Forecast Period

2021-2031

Quantitative Units

US$ Mn for Value and Thousand Units for Volume

Market analysis

It includes cross segment analysis at global as well as regional level. Further, qualitative analysis includes drivers, restraints, opportunities, key trends, porters five forces analysis, supply chain analysis, parent industry overview, etc.

Competition Landscape

  • Market Share Analysis by Company (2020)
  • Company Profiles includes overview, product portfolio, sales footprint, strategy & recent developments, key financials, etc.

Format

Electronic (PDF) or word + Excel

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Countries Covered

  • U.S.
  • Canada
  • U.K.
  • Germany
  • France
  • China
  • India
  • Japan
  • South Korea
  • ASEAN
  • GCC Countries
  • South Africa
  • Brazil

Market Segmentation

  • Measurement Type
    • Manual
    • Auto-ranging
    • Clamp Digital
  • End-user
    • Electricians
    • Calibration Personals
    • In-house Maintenance Personals
    • DIY Users
  • Industry Vertical
    • Residential
    • Commercial
    • Industrial
      • Automotive
      • IT and Telecommunication
      • Consumer Electronics
      • Manufacturing
      • Metal and Mining
      • Oil and Gas
      • Others

Companies Profiled

  • Fluke Corporation
  • Hioki E.E. Corporation
  • Agilent Technologies
  • Keysight technologies
  • Klein Tools, Inc.
  • Yokogawa Test & Measurement Corporation
  • Mastech group limited
  • Extech Instruments corporation
  • Teledyne FLIR LLC
  • AEMC Instruments
  • B&K Precision Corporation
  • Prokits Industries Co., LTD.
  • Triplett Test Equipment & Tools.

Customization Scope

Available upon Request

Pricing

Available upon Request

Frequently Asked Questions

Handheld Digital Multimeter Market is projected to reach US$ 808.8 Mn by the end of 2031

Handheld Digital Multimeter Market is expected to grow at a CAGR of 4.5% during 2021-2031

Handheld Digital Multimeter Market is studied from 2021-2031

Key vendors in the Handheld Digital Multimeter Market are Fluke Corporation, Keysight Technologies, Agilent Technologies, and Klein Tools

Asia Pacific region Takes Lead in the Handheld Digital Multimeter Market

Handheld Digital Multimeter Market – Scope of Report

A new study on the global handheld digital multimeter market is published by Transparency Market Research (TMR). It presents detailed information on key market dynamics, including drivers, trends, and challenges for the global handheld digital multimeter market as well as its structure. TMR’s study offers valuable information on the global handheld digital multimeter market in order to illustrate how the market is expected to expand during the forecast period, i.e. 2021–2031.

Key indicators of market growth, which include value chain analysis and compound annual growth rate (CAGR), are elucidated in TMR’s study in a comprehensive manner. This data can help readers interpret the quantitative growth aspects of the global handheld digital multimeter market.

An extensive analysis of business strategies adopted by leading market players is also featured in TMR’s study on the global handheld digital multimeter market. This can help readers understand key factors responsible for expansion of the global handheld digital multimeter market. In this study, readers can also find specific data on avenues for qualitative and quantitative expansion of the global handheld digital multimeter market. This data would guide market players in making apt decisions in the near future.

Key Questions Answered in TMR’s Study on Global Handheld Digital Multimeter Market

  • What would be the Y-o-Y growth trend of the global handheld digital multimeter market between 2021 and 2031?
  • What is the influence of changing trends in the measurement type segment on the global handheld digital multimeter market?
  • Would Asia Pacific continue to be the most dominant regional market for providers of handheld digital multimeter in the next few years?
  • Which factors would hinder the global handheld digital multimeter market during the forecast period?
  • Which are the leading companies operating in the global handheld digital multimeter market?

Research Methodology

A unique research methodology is utilized by TMR to conduct comprehensive research on the global handheld digital multimeter market and arrive at conclusions on future growth prospects for the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the conclusions drawn.

Secondary research sources referred to by analysts during production of the report on the global handheld digital multimeter market include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and market white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who have contributed to production of TMR’s study on the global handheld digital multimeter market as a primary research source.

These primary and secondary sources provided exclusive information during interviews, which served as a validation from leading players operating in the global handheld digital multimeter market. Access to an extensive internal repository as well as external proprietary databases allowed this report to address specific details and questions about the global handheld digital multimeter market with accuracy. The study also uses a top-down approach to assess the numbers for each segment and a bottom-up approach to counter-validate them. This has helped in making TMR’s estimates on future prospects for the global handheld digital multimeter market more reliable and accurate.

Handheld Digital Multimeter Market – Segmentation

TMR’s study of the global handheld digital multimeter market segments are based on measurement type, end-user, industry vertical, and region. Changing market trends and other crucial market dynamics associated with segments of the global handheld digital multimeter market have been discussed in detail in TMR’s study.

Measurement Type
  • Manual
  • Auto-ranging
  • Clamp Digital
End-user
  • Electricians
  • Calibration Personals
  • In-house Maintenance Personals
  • DIY Users
Industry Vertical
  • Residential
  • Commercial
  • Industrial (Automotive, IT & Telecommunication, Consumer Electronics, Manufacturing, Metal & Mining, Oil & Gas, and Others)
Region
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

1. Preface

    1.1. Market Introduction

    1.2. Market and Segments Definition

    1.3. Market Taxonomy

    1.4. Research Methodology

    1.5. Assumption and Acronyms

2. Executive Summary

    2.1. Global Handheld Digital Multimeter Market Analysis and Forecast

    2.2. Regional Outline

    2.3. Market Dynamics Snapshot

    2.4. Competition Blueprint

3. Market Dynamics

    3.1. Macro-economic Factors

    3.2. Key Market Indicator

    3.3. Drivers

        3.3.1. Economic Drivers

        3.3.2. Supply Side Drivers

        3.3.3. Demand Side Drivers

    3.4. Market Restraints and Opportunities

    3.5. Technology Trends

    3.6. Market Trends

        3.6.1. Demand Side

        3.6.2. Supply Side

4. Associated Industry and Key Indicator Assessment

    4.1. Parent Industry Overview- Multimeter Industry

    4.2. Supply Chain Analysis

    4.3. Technology Roadmap Analysis

    4.4. Industry SWOT Analysis

    4.5. Porter Five Forces Analysis

    4.6. Impact of Covid-19 Pandemic

5. Global Handheld Digital Multimeter Market Analysis, by Type

    5.1. Handheld Digital Multimeter Market Size (US$ Mn and Thousand Units) Analysis & Forecast, by Type, 2017–2031

        5.1.1. Manual

        5.1.2. Auto-ranging

        5.1.3. Clamp Digital

    5.2. Market Attractiveness Analysis, by Type

6. Global Handheld Digital Multimeter Market Analysis, by End-user

    6.1. Handheld Digital Multimeter Market Size (US$ Mn) Analysis & Forecast, by End-user, 2017–2031

        6.1.1. Electricians

        6.1.2. Calibration Personnel

        6.1.3. In-house Maintenance Personnel

        6.1.4. DIY Users

    6.2. Market Attractiveness Analysis, by End-user

7. Global Handheld Digital Multimeter Market Analysis, by Industry Vertical

    7.1. Handheld Digital Multimeter Market Size (US$ Mn) Analysis & Forecast, by Industry Vertical, 2017–2031

        7.1.1. Residential

        7.1.2. Commercial

        7.1.3. Industrial

            7.1.3.1. Automotive

            7.1.3.2. IT and Telecommunication

            7.1.3.3. Consumer Electronics

            7.1.3.4. Manufacturing

            7.1.3.5. Metal and Mining

            7.1.3.6. Oil and Gas

            7.1.3.7. Others (Healthcare, Food & Beverages, etc.)

    7.2. Market Attractiveness Analysis, by Industry Vertical

8. Global Handheld Digital Multimeter Market Analysis and Forecast, by Region

    8.1. Handheld Digital Multimeter Market Size (US$ Mn and Thousand Units) Analysis & Forecast, by Region, 2017–2031

        8.1.1. North America

        8.1.2. Europe

        8.1.3. Asia Pacific

        8.1.4. Middle East & Africa

        8.1.5. South America

    8.2. Market Attractiveness Analysis, by Region

9. North America Handheld Digital Multimeter Market Analysis and Forecast

    9.1. Market Snapshot

    9.2. Key Trends Analysis

    9.3. Price Trend Analysis

    9.4. Drivers and Restraints: Impact Analysis

    9.5. Handheld Digital Multimeter Market Size (US$ Mn and Thousand Units) Analysis & Forecast, by Type, 2017–2031

        9.5.1. Manual

        9.5.2. Auto-ranging

        9.5.3. Clamp Digital

    9.6. Handheld Digital Multimeter Market Size (US$ Mn) Analysis & Forecast, by End-user, 2017–2031

        9.6.1. Electricians

        9.6.2. Calibration Personnel

        9.6.3. In-house Maintenance Personnel

        9.6.4. DIY Users

    9.7. Handheld Digital Multimeter Market Size (US$ Mn) Analysis & Forecast, by Industry Vertical, 2017–2031

        9.7.1. Residential

        9.7.2. Commercial

        9.7.3. Industrial

            9.7.3.1. Automotive

            9.7.3.2. IT and Telecommunication

            9.7.3.3. Consumer Electronics

            9.7.3.4. Manufacturing

            9.7.3.5. Metal and Mining

            9.7.3.6. Oil and Gas

            9.7.3.7. Others (Healthcare, Food & Beverages, etc.)

    9.8. Handheld Digital Multimeter Market Size (US$ Mn and Thousand Units) Analysis & Forecast, by Country and Sub-region, 2017–2031

        9.8.1. U.S.

        9.8.2. Canada

        9.8.3. Rest of North America

    9.9. Market Attractiveness Analysis

        9.9.1. By Type

        9.9.2. By End-user

        9.9.3. By Industry Vertical

        9.9.4. By Country and Sub-region

10. Europe Handheld Digital Multimeter Market Analysis and Forecast

    10.1. Market Snapshot

    10.2. Key Trends Analysis

    10.3. Price Trend Analysis

    10.4. Drivers and Restraints: Impact Analysis

    10.5. Handheld Digital Multimeter Market Size (US$ Mn and Thousand Units) Analysis & Forecast, by Type, 2017–2031

        10.5.1. Manual

        10.5.2. Auto-ranging

        10.5.3. Clamp Digital

    10.6. Handheld Digital Multimeter Market Size (US$ Mn) Analysis & Forecast, by End-user, 2017–2031

        10.6.1. Electricians

        10.6.2. Calibration Personnel

        10.6.3. In-house Maintenance Personnel

        10.6.4. DIY Users

    10.7. Handheld Digital Multimeter Market Size (US$ Mn) Analysis & Forecast, by Industry Vertical, 2017–2031

        10.7.1. Residential

        10.7.2. Commercial

        10.7.3. Industrial

            10.7.3.1. Automotive

            10.7.3.2. IT and Telecommunication

            10.7.3.3. Consumer Electronics

            10.7.3.4. Manufacturing

            10.7.3.5. Metal and Mining

            10.7.3.6. Oil and Gas

            10.7.3.7. Others (Healthcare, Food & Beverages, etc.)

    10.8. Handheld Digital Multimeter Market Size (US$ Mn and Thousand Units) Analysis & Forecast, by Country and Sub-region, 2017–2031

        10.8.1. U.K.

        10.8.2. Germany

        10.8.3. France

        10.8.4. Rest of Europe

    10.9. Market Attractiveness Analysis

        10.9.1. By Type

        10.9.2. By End-user

        10.9.3. By Industry Vertical

        10.9.4. By Country and Sub-region

11. Asia Pacific Handheld Digital Multimeter Market Analysis and Forecast

    11.1. Market Snapshot

    11.2. Key Trends Analysis

    11.3. Price Trend Analysis

    11.4. Drivers and Restraints: Impact Analysis

    11.5. Handheld Digital Multimeter Market Size (US$ Mn and Thousand Units) Analysis & Forecast, by Type, 2017–2031

        11.5.1. Manual

        11.5.2. Auto-ranging

        11.5.3. Clamp Digital

    11.6. Handheld Digital Multimeter Market Size (US$ Mn) Analysis & Forecast, by End-user, 2017–2031

        11.6.1. Electricians

        11.6.2. Calibration Personnel

        11.6.3. In-house Maintenance Personnel

        11.6.4. DIY Users

    11.7. Handheld Digital Multimeter Market Size (US$ Mn) Analysis & Forecast, by Industry Vertical, 2017–2031

        11.7.1. Residential

        11.7.2. Commercial

        11.7.3. Industrial

            11.7.3.1. Automotive

            11.7.3.2. IT and Telecommunication

            11.7.3.3. Consumer Electronics

            11.7.3.4. Manufacturing

            11.7.3.5. Metal and Mining

            11.7.3.6. Oil and Gas

            11.7.3.7. Others (Healthcare, Food & Beverages, etc.)

    11.8. Handheld Digital Multimeter Market Size (US$ Mn and Thousand Units) Analysis & Forecast, by Country and Sub-region, 2017–2031

        11.8.1. China

        11.8.2. India

        11.8.3. Japan

        11.8.4. South Korea

        11.8.5. ASEAN

        11.8.6. Rest of Asia Pacific

    11.9. Market Attractiveness Analysis

        11.9.1. By Type

        11.9.2. By End-user

        11.9.3. By Industry Vertical

        11.9.4. By Country and Sub-region

12. Middle East & Africa (MEA) Handheld Digital Multimeter Market Analysis and Forecast

    12.1. Market Snapshot

    12.2. Key Trends Analysis

    12.3. Price Trend Analysis

    12.4. Drivers and Restraints: Impact Analysis

    12.5. Handheld Digital Multimeter Market Size (US$ Mn and Thousand Units) Analysis & Forecast, by Type, 2017–2031

        12.5.1. Manual

        12.5.2. Auto-ranging

        12.5.3. Clamp Digital

    12.6. Handheld Digital Multimeter Market Size (US$ Mn) Analysis & Forecast, by End-user, 2017–2031

        12.6.1. Electricians

        12.6.2. Calibration Personnel

        12.6.3. In-house Maintenance Personnel

        12.6.4. DIY Users

    12.7. Handheld Digital Multimeter Market Size (US$ Mn) Analysis & Forecast, by Industry Vertical, 2017–2031

        12.7.1. Residential

        12.7.2. Commercial

        12.7.3. Industrial

            12.7.3.1. Automotive

            12.7.3.2. IT and Telecommunication

            12.7.3.3. Consumer Electronics

            12.7.3.4. Manufacturing

            12.7.3.5. Metal and Mining

            12.7.3.6. Oil and Gas

            12.7.3.7. Others (Healthcare, Food & Beverages, etc.)

    12.8. Handheld Digital Multimeter Market Size (US$ Mn and Thousand Units) Analysis & Forecast, by Country and Sub-region, 2017–2031

        12.8.1. GCC

        12.8.2. South Africa

        12.8.3. Rest of Middle East & Africa

    12.9. Market Attractiveness Analysis

        12.9.1. By Type

        12.9.2. By End-user

        12.9.3. By Industry Vertical

        12.9.4. By Country and Sub-region

13. South America Handheld Digital Multimeter Market Analysis and Forecast

    13.1. Market Snapshot

    13.2. Key Trends Analysis

    13.3. Price Trend Analysis

    13.4. Drivers and Restraints: Impact Analysis

    13.5. Handheld Digital Multimeter Market Size (US$ Mn and Thousand Units) Analysis & Forecast, by Type, 2017–2031

        13.5.1. Manual

        13.5.2. Auto-ranging

        13.5.3. Clamp Digital

    13.6. Handheld Digital Multimeter Market Size (US$ Mn) Analysis & Forecast, by End-user, 2017–2031

        13.6.1. Electricians

        13.6.2. Calibration Personnel

        13.6.3. In-house Maintenance Personnel

        13.6.4. DIY Users

    13.7. Handheld Digital Multimeter Market Size (US$ Mn) Analysis & Forecast, by Industry Vertical, 2017–2031

        13.7.1. Residential

        13.7.2. Commercial

        13.7.3. Industrial

            13.7.3.1. Automotive

            13.7.3.2. IT and Telecommunication

            13.7.3.3. Consumer Electronics

            13.7.3.4. Manufacturing

            13.7.3.5. Metal and Mining

            13.7.3.6. Oil and Gas

            13.7.3.7. Others (Healthcare, Food & Beverages, etc.)

    13.8. Handheld Digital Multimeter Market Size (US$ Mn and Thousand Units) Analysis & Forecast, by Country and Sub-region, 2017–2031

        13.8.1. Brazil

        13.8.2. Rest of South America

    13.9. Market Attractiveness Analysis

        13.9.1. By Type

        13.9.2. By End-user

        13.9.3. By Industry Vertical

        13.9.4. By Country and Sub-region

14. Competition Assessment

    14.1. Global Handheld Digital Multimeter Market Competition Matrix - a Dashboard View

        14.1.1. Global Handheld Digital Multimeter Market Company Share Analysis, by Value(2020)

        14.1.2. Technological Differentiator

15. Company Profiles (Global Manufacturers/Suppliers)

    15.1. Fluke Corporation

        15.1.1. Overview

        15.1.2. Product Portfolio

        15.1.3. Sales Footprint

        15.1.4. Key Subsidiaries or Distributors

        15.1.5. Strategy and Recent Developments

        15.1.6. Key Financials

        15.1.7. Covid-19 Impact

    15.2. Hioki E.E. Corporation

        15.2.1. Overview

        15.2.2. Product Portfolio

        15.2.3. Sales Footprint

        15.2.4. Key Subsidiaries or Distributors

        15.2.5. Strategy and Recent Developments

        15.2.6. Key Financials

        15.2.7. Covid-19 Impact

    15.3. Agilent Technologies

        15.3.1. Overview

        15.3.2. Product Portfolio

        15.3.3. Sales Footprint

        15.3.4. Key Subsidiaries or Distributors

        15.3.5. Strategy and Recent Developments

        15.3.6. Key Financials

        15.3.7. Covid-19 Impact

    15.4. Keysight technologies

        15.4.1. Overview

        15.4.2. Product Portfolio

        15.4.3. Sales Footprint

        15.4.4. Key Subsidiaries or Distributors

        15.4.5. Strategy and Recent Developments

        15.4.6. Key Financials

        15.4.7. Covid-19 Impact

    15.5. Klein Tools, Inc.

        15.5.1. Overview

        15.5.2. Product Portfolio

        15.5.3. Sales Footprint

        15.5.4. Key Subsidiaries or Distributors

        15.5.5. Strategy and Recent Developments

        15.5.6. Key Financials

        15.5.7. Covid-19 Impact

    15.6. Yokogawa Test & Measurement Corporation

        15.6.1. Overview

        15.6.2. Product Portfolio

        15.6.3. Sales Footprint

        15.6.4. Key Subsidiaries or Distributors

        15.6.5. Strategy and Recent Developments

        15.6.6. Key Financials

        15.6.7. Covid-19 Impact

    15.7. Mastech group limited

        15.7.1. Overview

        15.7.2. Product Portfolio

        15.7.3. Sales Footprint

        15.7.4. Key Subsidiaries or Distributors

        15.7.5. Strategy and Recent Developments

        15.7.6. Key Financials

        15.7.7. Covid-19 Impact

    15.8. Extech Instruments corporation

        15.8.1. Overview

        15.8.2. Product Portfolio

        15.8.3. Sales Footprint

        15.8.4. Key Subsidiaries or Distributors

        15.8.5. Strategy and Recent Developments

        15.8.6. Key Financials

        15.8.7. Covid-19 Impact

    15.9. Teledyne FLIR LLC

        15.9.1. Overview

        15.9.2. Product Portfolio

        15.9.3. Sales Footprint

        15.9.4. Key Subsidiaries or Distributors

        15.9.5. Strategy and Recent Developments

        15.9.6. Key Financials

        15.9.7. Covid-19 Impact

    15.10. AEMC Instruments

        15.10.1. Overview

        15.10.2. Product Portfolio

        15.10.3. Sales Footprint

        15.10.4. Key Subsidiaries or Distributors

        15.10.5. Strategy and Recent Developments

        15.10.6. Key Financials

        15.10.7. Covid-19 Impact

    15.11. B&K Precision Corporation

        15.11.1. Overview

        15.11.2. Product Portfolio

        15.11.3. Sales Footprint

        15.11.4. Key Subsidiaries or Distributors

        15.11.5. Strategy and Recent Developments

        15.11.6. Key Financials

        15.11.7. Covid-19 Impact

    15.12. Prokits Industries Co., LTD.

        15.12.1. Overview

        15.12.2. Product Portfolio

        15.12.3. Sales Footprint

        15.12.4. Key Subsidiaries or Distributors

        15.12.5. Strategy and Recent Developments

        15.12.6. Key Financials

        15.12.7. Covid-19 Impact

16. Recommendation

    16.1. Opportunity Assessment

        16.1.1. By Type

        16.1.2. By End-user

        16.1.3. By Industry Vertical

        16.1.4. By Region

List of Tables

Table 01: Global Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Value (US$ Mn), 2017‒2031

Table 02: Global Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Volume (Thousand Units), 2017‒2031

Table 03: Global Handheld Digital Multimeter Market Size & Forecast, by End-user, Value (US$ Mn), 2017‒2031

Table 04: Global Handheld Digital Multimeter Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2017‒2031

Table 05: Global Handheld Digital Multimeter Market Size & Forecast, by Region, Value (US$ Mn), 2017‒2031

Table 06: Global Handheld Digital Multimeter Market Size & Forecast, by Region, Volume (Thousand Units), 2017‒2031

Table 07: North America Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Value (US$ Mn), 2017‒2031

Table 08: North America Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Volume (Thousand Units), 2017‒2031

Table 09: North America Handheld Digital Multimeter Market Size & Forecast, by End-user, Value (US$ Mn), 2017‒2031

Table 10: North America Handheld Digital Multimeter Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2017‒2031

Table 11: North America Handheld Digital Multimeter Market Size & Forecast, by Country & Sub-region, Value (US$ Mn), 2017‒2031

Table 12: North America Handheld Digital Multimeter Market Size & Forecast, by Country & Sub-region, Volume (Thousand Units), 2017‒2031

Table 13: Europe Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Value (US$ Mn), 2017‒2031

Table 14: Europe Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Volume (Thousand Units), 2017‒2031

Table 15: Europe Handheld Digital Multimeter Market Size & Forecast, by End-user, Value (US$ Mn), 2017‒2031

Table 16: Europe Handheld Digital Multimeter Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2017‒2031

Table 17: Europe Handheld Digital Multimeter Market Size & Forecast, by Country & Sub-region, Value (US$ Mn), 2017‒2031

Table 18: Europe Handheld Digital Multimeter Market Size & Forecast, by Country & Sub-region, Volume (Thousand Units), 2017‒2031

Table 19: Asia Pacific Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Value (US$ Mn), 2017‒2031

Table 20: Asia Pacific Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Volume (Thousand Units), 2017‒2031

Table 21: Asia Pacific Handheld Digital Multimeter Market Size & Forecast, by End-user, Value (US$ Mn), 2017‒2031

Table 22: Asia Pacific Handheld Digital Multimeter Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2017‒2031

Table 23: Asia Pacific Handheld Digital Multimeter Market Size & Forecast, by Country & Sub-region, Value (US$ Mn), 2017‒2031

Table 24: Asia Pacific Handheld Digital Multimeter Market Size & Forecast, by Country & Sub-region, Volume (Thousand Units), 2017‒2031

Table 25: Middle East & Africa Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Value (US$ Mn), 2017‒2031

Table 26: Middle East & Africa Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Volume (Thousand Units), 2017‒2031

Table 27: Middle East & Africa Handheld Digital Multimeter Market Size & Forecast, by End-user, Value (US$ Mn), 2017‒2031

Table 28: Middle East & Africa Handheld Digital Multimeter Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2017‒2031

Table 29: Middle East & Africa Handheld Digital Multimeter Market Size & Forecast, by Country & Sub-region, Value (US$ Mn), 2017‒2031

Table 30: Middle East & Africa Handheld Digital Multimeter Market Size & Forecast, by Country & Sub-region, Volume (Thousand Units), 2017‒2031

Table 31: South America Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Value (US$ Mn), 2017‒2031

Table 32: South America Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Volume (Thousand Units), 2017‒2031

Table 33: South America Handheld Digital Multimeter Market Size & Forecast, by End-user, Value (US$ Mn), 2017‒2031

Table 34: South America Handheld Digital Multimeter Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2017‒2031

Table 35: South America Handheld Digital Multimeter Market Size & Forecast, by Country & Sub-region, Value (US$ Mn), 2017‒2031

Table 36: South America Handheld Digital Multimeter Market Size & Forecast, by Country & Sub-region, Volume (Thousand Units), 2017‒2031

List of Figures

Figure 01: Global Handheld Digital Multimeter Price Trend Analysis (Average Price, US$)

Figure 02: Global Handheld Digital Multimeter Market, Value (US$ Mn), 2017‒2031

Figure 03: Global Handheld Digital Multimeter Market, Value (US$ Mn), 2017‒2031

Figure 04: Global Handheld Digital Multimeter Market, Volume (Thousand Units), 2017‒2031

Figure 05: Global Handheld Digital Multimeter Market, Volume (Thousand Units), 2017‒2031

Figure 06: Global Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Revenue (US$ Mn), 2017‒2031

Figure 07: Global Handheld Digital Multimeter Market Attractiveness, by Measurement Type, Value (US$ Mn), 2021‒2031

Figure 08: Global Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Value (US$ Mn), 2021‒2031

Figure 09: Global Handheld Digital Multimeter Market Size & Forecast, by End-user, Revenue (US$ Mn), 2017‒2031

Figure 10: Global Handheld Digital Multimeter Market Attractiveness, by End-user, Value (US$ Mn), 2021‒2031

Figure 11: Global Handheld Digital Multimeter Market Size & Forecast, by End-user, Value (US$ Mn), 2021‒2031

Figure 12: Global Handheld Digital Multimeter Market Size & Forecast, by Industry Vertical, Revenue (US$ Mn), 2017‒2031

Figure 13: Global Handheld Digital Multimeter Market Attractiveness, by Industry Vertical, Value (US$ Mn), 2021‒2031

Figure14: Global Handheld Digital Multimeter Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2021‒2031

Figure 15: Global Handheld Digital Multimeter Market Size & Forecast, by Region, Revenue (US$ Mn), 2017‒2031

Figure 16: Global Handheld Digital Multimeter Market Attractiveness, by Region, Value (US$ Mn), 2021‒2031

Figure 17: Global Handheld Digital Multimeter Market Size & Forecast, by Region, Value (US$ Mn), 2021‒2031

Figure 18: North America Handheld Digital Multimeter Market Size & Forecast, by Region, Value (US$ Mn), 2021‒2031

Figure 19: North America Handheld Digital Multimeter Market, Value (US$ Mn), 2017‒2031

Figure 20: North America Handheld Digital Multimeter Market, Volume (Thousand Units), 2017‒2031

Figure 21: North America Handheld Digital Multimeter Market, Volume (Thousand Units), 2017‒2031

Figure 22: North America Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Revenue (US$ Mn), 2017‒2031

Figure 23: North America Handheld Digital Multimeter Market Attractiveness, by Measurement Type, Value (US$ Mn), 2021‒2031

Figure 24: North America Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Value (US$ Mn), 2021‒2031

Figure 25: North America Handheld Digital Multimeter Market Size & Forecast, by End-user, Revenue (US$ Mn), 2017‒2031

Figure 26: North America Handheld Digital Multimeter Market Attractiveness, by End-user, Value (US$ Mn), 2021‒2031

Figure 27: North America Handheld Digital Multimeter Market Size & Forecast, by End-user, Value (US$ Mn), 2021‒2031

Figure 28: North America Handheld Digital Multimeter Market Size & Forecast, by Industry Vertical, Revenue (US$ Mn), 2017‒2031

Figure 29: North America Handheld Digital Multimeter Market Attractiveness, by Industry Vertical, Value (US$ Mn), 2021‒2031

Figure 30: North America Handheld Digital Multimeter Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2021‒2031

Figure 31: North America Handheld Digital Multimeter Market Size & Forecast, by Country & Sub-region, Revenue (US$ Mn), 2017‒2031

Figure 32: North America Handheld Digital Multimeter Market Attractiveness, by Country & Sub-region, Value (US$ Mn), 2021‒2031

Figure 33: North America Handheld Digital Multimeter Market Size & Forecast, by Country & Sub-region, Value (US$ Mn), 2021‒2031

Figure 34: Europe Handheld Digital Multimeter Market Size & Forecast, by Region, Value (US$ Mn), 2021‒2031

Figure 35: Europe Handheld Digital Multimeter Market, Value (US$ Mn), 2017‒2031

Figure 36: Europe Handheld Digital Multimeter Market, Volume (Thousand Units), 2017‒2031

Figure 37: Europe Handheld Digital Multimeter Market, Volume (Thousand Units), 2017‒2031

Figure 38: Europe Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Revenue (US$ Mn), 2017‒2031

Figure 39: Europe Handheld Digital Multimeter Market Attractiveness, by Measurement Type, Value (US$ Mn), 2021‒2031

Figure 40: Europe Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Value (US$ Mn), 2021‒2031

Figure 41: Europe Handheld Digital Multimeter Market Size & Forecast, by End-user, Revenue (US$ Mn), 2017‒2031

Figure 42: Europe Handheld Digital Multimeter Market Attractiveness, by End-user, Value (US$ Mn), 2021‒2031

Figure 43: Europe Handheld Digital Multimeter Market Size & Forecast, by End-user, Value (US$ Mn), 2021‒2031

Figure 44: Europe Handheld Digital Multimeter Market Size & Forecast, by Industry Vertical, Revenue (US$ Mn), 2017‒2031

Figure 45: Europe Handheld Digital Multimeter Market Attractiveness, by Industry Vertical, Value (US$ Mn), 2021‒2031

Figure 46: Europe Handheld Digital Multimeter Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2021‒2031

Figure 47: Europe Handheld Digital Multimeter Market Size & Forecast, by Country & Sub-region, Revenue (US$ Mn), 2017‒2031

Figure 48: Europe Handheld Digital Multimeter Market Attractiveness, by Country & Sub-region, Value (US$ Mn), 2021‒2031

Figure 49: Europe Handheld Digital Multimeter Market Size & Forecast, by Country & Sub-region, Value (US$ Mn), 2021‒2031

Figure 50: Asia Pacific Handheld Digital Multimeter Market Size & Forecast, by Region, Value (US$ Mn), 2021‒2031

Figure 51: Asia Pacific Handheld Digital Multimeter Market, Value (US$ Mn), 2017‒2031

Figure 52: Asia Pacific Handheld Digital Multimeter Market, Volume (Thousand Units), 2017‒2031

Figure 53: Asia Pacific Handheld Digital Multimeter Market, Volume (Thousand Units), 2017‒2031

Figure 54: Asia Pacific Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Revenue (US$ Mn), 2017‒2031

Figure 55: Asia Pacific Handheld Digital Multimeter Market Attractiveness, by Measurement Type, Value (US$ Mn), 2021‒2031

Figure 56: Asia Pacific Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Value (US$ Mn), 2021‒2031

Figure 57: Asia Pacific Handheld Digital Multimeter Market Size & Forecast, by End-user, Revenue (US$ Mn), 2017‒2031

Figure 58: Asia Pacific Handheld Digital Multimeter Market Attractiveness, by End-user, Value (US$ Mn), 2021‒2031

Figure 59: Asia Pacific Handheld Digital Multimeter Market Size & Forecast, by End-user, Value (US$ Mn), 2021‒2031

Figure 60: Asia Pacific Handheld Digital Multimeter Market Size & Forecast, by Industry Vertical, Revenue (US$ Mn), 2017‒2031

Figure 61: Asia Pacific Handheld Digital Multimeter Market Attractiveness, by Industry Vertical, Value (US$ Mn), 2021‒2031

Figure 62: Asia Pacific Handheld Digital Multimeter Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2021‒2031

Figure 63: Asia Pacific Handheld Digital Multimeter Market Size & Forecast, by Country & Sub-region, Revenue (US$ Mn), 2017‒2031

Figure 64: Asia Pacific Handheld Digital Multimeter Market Attractiveness, by Country & Sub-region, Value (US$ Mn), 2021‒2031

Figure 65: Asia Pacific Handheld Digital Multimeter Market Size & Forecast, by Country & Sub-region, Value (US$ Mn), 2021‒2031

Figure 66: Middle East & Africa Handheld Digital Multimeter Market Size & Forecast, by Region, Value (US$ Mn), 2021‒2031

Figure 67: Middle East & Africa Handheld Digital Multimeter Market, Value (US$ Mn), 2017‒2031

Figure 68: Middle East & Africa Handheld Digital Multimeter Market, Volume (Thousand Units), 2017‒2031

Figure 69: Middle East & Africa Handheld Digital Multimeter Market, Volume (Thousand Units), 2017‒2031

Figure 70: Middle East & Africa Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Revenue (US$ Mn), 2017‒2031

Figure 71: Middle East & Africa Handheld Digital Multimeter Market Attractiveness, by Measurement Type, Value (US$ Mn), 2021‒2031

Figure 72: Middle East & Africa Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Value (US$ Mn), 2021‒2031

Figure 73: Middle East & Africa Handheld Digital Multimeter Market Size & Forecast, by End-user, Revenue (US$ Mn), 2017‒2031

Figure 74: Middle East & Africa Handheld Digital Multimeter Market Attractiveness, by End-user, Value (US$ Mn), 2021‒2031

Figure 75: Middle East & Africa Handheld Digital Multimeter Market Size & Forecast, by End-user, Value (US$ Mn), 2021‒2031

Figure 76: Middle East & Africa Handheld Digital Multimeter Market Size & Forecast, by Industry Vertical, Revenue (US$ Mn), 2017‒2031

Figure 77: Middle East & Africa Handheld Digital Multimeter Market Attractiveness, by Industry Vertical, Value (US$ Mn), 2021‒2031

Figure 78: Middle East & Africa Handheld Digital Multimeter Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2021‒2031

Figure 79: Middle East & Africa Handheld Digital Multimeter Market Size & Forecast, by Country & Sub-region, Revenue (US$ Mn), 2017‒2031

Figure 80: Middle East & Africa Handheld Digital Multimeter Market Attractiveness, by Country & Sub-region, Value (US$ Mn), 2021‒2031

Figure 81: Middle East & Africa Handheld Digital Multimeter Market Size & Forecast, by Country & Sub-region, Value (US$ Mn), 2021‒2031

Figure 82: South America Handheld Digital Multimeter Market Size & Forecast, by Region, Value (US$ Mn), 2021‒2031

Figure 83: South America Handheld Digital Multimeter Market, Value (US$ Mn), 2017‒2031

Figure 84: South America Handheld Digital Multimeter Market, Volume (Thousand Units), 2017‒2031

Figure 85: South America Handheld Digital Multimeter Market, Volume (Thousand Units), 2017‒2031

Figure 86: South America Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Revenue (US$ Mn), 2017‒2031

Figure 87: South America Handheld Digital Multimeter Market Attractiveness, by Measurement Type, Value (US$ Mn), 2021‒2031

Figure 88: South America Handheld Digital Multimeter Market Size & Forecast, by Measurement Type, Value (US$ Mn), 2021‒2031

Figure 89: South America Handheld Digital Multimeter Market Size & Forecast, by End-user, Revenue (US$ Mn), 2017‒2031

Figure 90: South America Handheld Digital Multimeter Market Attractiveness, by End-user, Value (US$ Mn), 2021‒2031

Figure 91: South America Handheld Digital Multimeter Market Size & Forecast, by End-user, Value (US$ Mn), 2021‒2031

Figure 92: South America Handheld Digital Multimeter Market Size & Forecast, by Industry Vertical, Revenue (US$ Mn), 2017‒2031

Figure 93: South America Handheld Digital Multimeter Market Attractiveness, by Industry Vertical, Value (US$ Mn), 2021‒2031

Figure 94: South America Handheld Digital Multimeter Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2021‒2031

Figure 95: South America Handheld Digital Multimeter Market Size & Forecast, by Country & Sub-region, Revenue (US$ Mn), 2017‒2031

Figure 96: South America Handheld Digital Multimeter Market Attractiveness, by Country & Sub-region, Value (US$ Mn), 2021‒2031

Figure 97: South America Handheld Digital Multimeter Market Size & Forecast, by Country & Sub-region, Value (US$ Mn), 2021‒2031

Figure 98: Global Handheld Digital Multimeter Market Share Analysis, by Company

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Handheld Digital Multimeter Market