Digital Multimeters - Global Strategic Business Report

Global Digital Multimeters Market to Reach $1.4 Billion by 2030

The global market for Digital Multimeters estimated at US$1 Billion in the year 2022, is projected to reach a revised size of US$1.4 Billion by 2030, growing at a CAGR of 4.3% over the analysis period 2022-2030. Handheld, one of the segments analyzed in the report, is projected to record 4.5% CAGR and reach US$1.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Bench-Top segment is readjusted to a revised 3.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $304 Million, While China is Forecast to Grow at 4.1% CAGR

The Digital Multimeters market in the U.S. is estimated at US$304 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$252.4 Million by the year 2030 trailing a CAGR of 4.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4% and 3.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.

Select Competitors (Total 46 Featured) -

• Amprobe
• Etekcity Corporation
• Extech Instruments
• Fluke Corporation
• Innova Electronics Corporation
• Kaito Electronics Inc.
• Klein Tools, Inc.
• Mastech Group International Limited
• Rohde & Schwarz GmbH & Co. KG
• Uni-Trend Technology (China) Co., Ltd.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year