Industry: Machinery & Equipment
Published Date: 2025-03-28
Pages: 141 Pages
Report ld: 4675173
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Handheld Digital Multimeter Market Size(US$)

CAGR 2025-2031
5.1%
Market Size,2031
USD 1,025
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
In 2024, the global market size of Handheld Digital Multimeter was estimated to be worth US$ 727 million and is forecast to reach approximately US$ 1025 million by 2031 with a CAGR of 5.1% during the forecast period 2025-2031.
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$5,000.
Global Handheld Digital Multimeter main players are Fluke, Keysight Technologies, FLIR Systems, Yokogawa, etc. Global top four manufacturers hold a share over 35%. Asia-Pacific is the largest market, with a share over 40%.
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Handheld Digital Multimeter, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Handheld Digital Multimeter.
The Handheld Digital Multimeter market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Handheld Digital Multimeter market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Handheld Digital Multimeter manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and regions.
By Company
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
Segment by Type
3.5 Digit
4.5 Digit
Segment by Application
Industrial
General Purpose
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Sales (consumption), revenue of Handheld Digital Multimeter in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 3: Detailed analysis of Handheld Digital Multimeter manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Handheld Digital Multimeter sales, revenue, price, gross margin, sales by region, by Type, by Application, and recent development, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 13: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 14: Research Findings and Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Study Coverage
1.1 Handheld Digital Multimeter Product Introduction
1.2 Market by Type
1.2.1 Global Handheld Digital Multimeter Market Size Growth Rate by Type (2020 VS 2024 VS 2031)
1.2.2 3.5 Digit
1.2.3 4.5 Digit
1.3 Market by Application
1.3.1 Global Handheld Digital Multimeter Market Size Growth Rate by Application (2020 VS 2024 VS 2031)
1.3.2 Industrial
1.3.3 General Purpose
1.3.4 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Handheld Digital Multimeter Market Size Estimates and Forecasts
2.1.1 Global Handheld Digital Multimeter Revenue 2020-2031
2.1.2 Global Handheld Digital Multimeter Sales 2020-2031
2.2 Handheld Digital Multimeter Market Size by Region: 2024 Versus 2031
2.3 Handheld Digital Multimeter Sales by Region (2020-2031)
2.3.1 Global Handheld Digital Multimeter Sales by Region: 2020-2025
2.3.2 Global Handheld Digital Multimeter Sales Forecast by Region (2026-2031)
2.3.3 Global Handheld Digital Multimeter Sales Market Share by Region (2020-2031)
2.4 Handheld Digital Multimeter Market Estimates and Projections by Region (2026-2031)
2.4.1 Global Handheld Digital Multimeter Revenue by Region: 2020-2025
2.4.2 Global Handheld Digital Multimeter Revenue Forecast by Region (2026-2031)
2.4.3 Global Handheld Digital Multimeter Revenue Market Share by Region (2020-2031)
3 Market Segments
3.1 Breakdown Data by Type
3.1.1 Global Handheld Digital Multimeter Sales by Type (2020-2031)
3.1.1.1 Global Handheld Digital Multimeter Sales Volume by Type (2020-2031)
3.1.1.2 Global Handheld Digital Multimeter Sales Market Share by Type (2020-2031)
3.1.2 Global Handheld Digital Multimeter Revenue by Type (2020-2031)
3.1.2.1 Global Handheld Digital Multimeter Revenue by Type (2020-2031)
3.1.2.2 Global Handheld Digital Multimeter Revenue Market Share by Type (2020-2031)
3.1.3 Handheld Digital Multimeter Average Selling Price (ASP) by Type (2020-2031)
3.2 Breakdown Data by Application
3.2.1 Global Handheld Digital Multimeter Sales by Application (2020-2031)
3.2.1.1 Global Handheld Digital Multimeter Sales Volume by Application (2020-2031)
3.2.1.2 Global Handheld Digital Multimeter Sales Market Share by Application (2020-2031)
3.2.2 Global Handheld Digital Multimeter Revenue by Application (2020-2031)
3.2.2.1 Global Handheld Digital Multimeter Revenue by Application (2020-2031)
3.2.2.2 Global Handheld Digital Multimeter Revenue Market Share by Application (2020-2031)
3.2.3 Handheld Digital Multimeter Average Selling Price (ASP) by Application (2020-2031)
3.3 by Type and by Application Crossing Analysis
3.3.1 3.5 Digit of Handheld Digital Multimeter Revenue Market Share by Application
3.3.2 4.5 Digit of Handheld Digital Multimeter Revenue Market Share by Application
4 Global Handheld Digital Multimeter by Manufacturers
4.1 Global Top Handheld Digital Multimeter Manufacturers by Sales (2020-2025)
4.1.1 Global Handheld Digital Multimeter Sales by Manufacturer (2020-2025)
4.1.2 Global Handheld Digital Multimeter Sales Market Share by Manufacturer (2020-2025)
4.2 Global Top Handheld Digital Multimeter Manufacturers by Revenue (2020-2025)
4.2.1 Global Handheld Digital Multimeter Revenue by Manufacturer (2020-2025)
4.2.2 Global Handheld Digital Multimeter Revenue Share by Manufacturer (2020-2025)
4.3 Global Handheld Digital Multimeter Price by Manufacturer (2020-2025)
4.4 Competitive Landscape
4.4.1 Key Handheld Digital Multimeter Manufacturers Covered: Ranking by Revenue
4.4.2 Global Handheld Digital Multimeter Market Concentration Ratio (CR5 and HHI) & (2020-2025)
4.4.3 Global Handheld Digital Multimeter Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.5 Global Handheld Digital Multimeter Manufacturing Base Distribution, Product Type
4.5.1 Handheld Digital Multimeter Manufacturers Manufacturing Base Distribution, Headquarters
4.5.2 Date of International Manufacturers Enter into Handheld Digital Multimeter Market
4.5.3 Manufacturers Handheld Digital Multimeter Product Type and Application
4.5.4 3.5 Digit Market Sales of Handheld Digital Multimeter by Manufacturer
4.5.5 4.5 Digit Market Sales of Handheld Digital Multimeter by Manufacturer
4.6 Manufacturers Mergers & Acquisitions, Expansion Plans
5 Company Profiles
5.1 Fluke
5.1.1 Fluke Company Information
5.1.2 Fluke Description, Business Overview
5.1.3 Fluke Handheld Digital Multimeter Products Offered
5.1.4 Fluke Handheld Digital Multimeter Sales, Revenue and Gross Margin (2020-2025)
5.1.5 Fluke Handheld Digital Multimeter Sales by Product in 2024
5.1.6 Fluke Handheld Digital Multimeter Sales by Application in 2024
5.1.7 Fluke Handheld Digital Multimeter Sales by Geographic Area in 2024
5.1.8 Fluke Recent Developments
5.2 Keysight Technologies
5.2.1 Keysight Technologies Company Information
5.2.2 Keysight Technologies Description, Business Overview
5.2.3 Keysight Technologies Handheld Digital Multimeter Products Offered
5.2.4 Keysight Technologies Handheld Digital Multimeter Sales, Revenue and Gross Margin (2020-2025)
5.2.5 Keysight Technologies Handheld Digital Multimeter Sales by Product in 2024
5.2.6 Keysight Technologies Handheld Digital Multimeter Sales by Application in 2024
5.2.7 Keysight Technologies Handheld Digital Multimeter Sales by Geographic Area in 2024
5.2.8 Keysight Technologies Recent Developments
5.3 FLIR Systems
5.3.1 FLIR Systems Company Information
5.3.2 FLIR Systems Description, Business Overview
5.3.3 FLIR Systems Handheld Digital Multimeter Products Offered
5.3.4 FLIR Systems Handheld Digital Multimeter Sales, Revenue and Gross Margin (2020-2025)
5.3.5 FLIR Systems Handheld Digital Multimeter Sales by Product in 2024
5.3.6 FLIR Systems Handheld Digital Multimeter Sales by Application in 2024
5.3.7 FLIR Systems Handheld Digital Multimeter Sales by Geographic Area in 2024
5.3.8 FLIR Systems Recent Developments
5.4 Yokogawa
5.4.1 Yokogawa Company Information
5.4.2 Yokogawa Description, Business Overview
5.4.3 Yokogawa Handheld Digital Multimeter Products Offered
5.4.4 Yokogawa Handheld Digital Multimeter Sales, Revenue and Gross Margin (2020-2025)
5.4.5 Yokogawa Handheld Digital Multimeter Sales by Product in 2024
5.4.6 Yokogawa Handheld Digital Multimeter Sales by Application in 2024
5.4.7 Yokogawa Handheld Digital Multimeter Sales by Geographic Area in 2024
5.4.8 Yokogawa Recent Developments
5.5 HIOKI
5.5.1 HIOKI Company Information
5.5.2 HIOKI Description, Business Overview
5.5.3 HIOKI Handheld Digital Multimeter Products Offered
5.5.4 HIOKI Handheld Digital Multimeter Sales, Revenue and Gross Margin (2020-2025)
5.5.5 HIOKI Handheld Digital Multimeter Sales by Product in 2024
5.5.6 HIOKI Handheld Digital Multimeter Sales by Application in 2024
5.5.7 HIOKI Handheld Digital Multimeter Sales by Geographic Area in 2024
5.5.8 HIOKI Recent Developments
5.6 Chauvin Arnoux Group
5.6.1 Chauvin Arnoux Group Company Information
5.6.2 Chauvin Arnoux Group Description, Business Overview
5.6.3 Chauvin Arnoux Group Handheld Digital Multimeter Products Offered
5.6.4 Chauvin Arnoux Group Handheld Digital Multimeter Sales, Revenue and Gross Margin (2020-2025)
5.6.5 Chauvin Arnoux Group Handheld Digital Multimeter Sales by Product in 2024
5.6.6 Chauvin Arnoux Group Handheld Digital Multimeter Sales by Application in 2024
5.6.7 Chauvin Arnoux Group Handheld Digital Multimeter Sales by Geographic Area in 2024
5.6.8 Chauvin Arnoux Group Recent Developments
5.7 Klein Tools
5.7.1 Klein Tools Company Information
5.7.2 Klein Tools Description, Business Overview
5.7.3 Klein Tools Handheld Digital Multimeter Products Offered
5.7.4 Klein Tools Handheld Digital Multimeter Sales, Revenue and Gross Margin (2020-2025)
5.7.5 Klein Tools Handheld Digital Multimeter Sales by Product in 2024
5.7.6 Klein Tools Handheld Digital Multimeter Sales by Application in 2024
5.7.7 Klein Tools Handheld Digital Multimeter Sales by Geographic Area in 2024
5.7.8 Klein Tools Recent Developments
5.8 Amprobe
5.8.1 Amprobe Company Information
5.8.2 Amprobe Description, Business Overview
5.8.3 Amprobe Handheld Digital Multimeter Products Offered
5.8.4 Amprobe Handheld Digital Multimeter Sales, Revenue and Gross Margin (2020-2025)
5.8.5 Amprobe Handheld Digital Multimeter Sales by Product in 2024
5.8.6 Amprobe Handheld Digital Multimeter Sales by Application in 2024
5.8.7 Amprobe Handheld Digital Multimeter Sales by Geographic Area in 2024
5.8.8 Amprobe Recent Developments
5.9 B&K Precision
5.9.1 B&K Precision Company Information
5.9.2 B&K Precision Description, Business Overview
5.9.3 B&K Precision Handheld Digital Multimeter Products Offered
5.9.4 B&K Precision Handheld Digital Multimeter Sales, Revenue and Gross Margin (2020-2025)
5.9.5 B&K Precision Handheld Digital Multimeter Sales by Product in 2024
5.9.6 B&K Precision Handheld Digital Multimeter Sales by Application in 2024
5.9.7 B&K Precision Handheld Digital Multimeter Sales by Geographic Area in 2024
5.9.8 B&K Precision Recent Developments
5.10 Mastech Digital
5.10.1 Mastech Digital Company Information
5.10.2 Mastech Digital Description, Business Overview
5.10.3 Mastech Digital Handheld Digital Multimeter Products Offered
5.10.4 Mastech Digital Handheld Digital Multimeter Sales, Revenue and Gross Margin (2020-2025)
5.10.5 Mastech Digital Handheld Digital Multimeter Sales by Product in 2024
5.10.6 Mastech Digital Handheld Digital Multimeter Sales by Application in 2024
5.10.7 Mastech Digital Handheld Digital Multimeter Sales by Geographic Area in 2024
5.10.8 Mastech Digital Recent Developments
5.11 Uni-Trend Technology
5.11.1 Uni-Trend Technology Company Information
5.11.2 Uni-Trend Technology Description, Business Overview
5.11.3 Uni-Trend Technology Handheld Digital Multimeter Products Offered
5.11.4 Uni-Trend Technology Handheld Digital Multimeter Sales, Revenue and Gross Margin (2020-2025)
5.11.5 Uni-Trend Technology Handheld Digital Multimeter Sales by Product in 2024
5.11.6 Uni-Trend Technology Handheld Digital Multimeter Sales by Application in 2024
5.11.7 Uni-Trend Technology Handheld Digital Multimeter Sales by Geographic Area in 2024
5.11.8 Uni-Trend Technology Recent Developments
5.12 CEM
5.12.1 CEM Company Information
5.12.2 CEM Description, Business Overview
5.12.3 CEM Handheld Digital Multimeter Products Offered
5.12.4 CEM Handheld Digital Multimeter Sales, Revenue and Gross Margin (2020-2025)
5.12.5 CEM Handheld Digital Multimeter Sales by Product in 2024
5.12.6 CEM Handheld Digital Multimeter Sales by Application in 2024
5.12.7 CEM Handheld Digital Multimeter Sales by Geographic Area in 2024
5.12.8 CEM Recent Developments
5.13 Shen Zhen Victor Hi-tech
5.13.1 Shen Zhen Victor Hi-tech Company Information
5.13.2 Shen Zhen Victor Hi-tech Description, Business Overview
5.13.3 Shen Zhen Victor Hi-tech Handheld Digital Multimeter Products Offered
5.13.4 Shen Zhen Victor Hi-tech Handheld Digital Multimeter Sales, Revenue and Gross Margin (2020-2025)
5.13.5 Shen Zhen Victor Hi-tech Handheld Digital Multimeter Sales by Product in 2024
5.13.6 Shen Zhen Victor Hi-tech Handheld Digital Multimeter Sales by Application in 2024
5.13.7 Shen Zhen Victor Hi-tech Handheld Digital Multimeter Sales by Geographic Area in 2024
5.13.8 Shen Zhen Victor Hi-tech Recent Developments
6 North America
6.1 North America Handheld Digital Multimeter Market Size YoY Growth 2020-2031
6.2 North America Handheld Digital Multimeter Market Facts & Figures by Country
6.2.1 North America Handheld Digital Multimeter Sales by Country (2020-2031)
6.2.2 North America Handheld Digital Multimeter Revenue by Country (2020-2031)
6.3 North America Handheld Digital Multimeter Sales by Type (2020-2025)
6.4 North America Handheld Digital Multimeter Sales by Application (2020-2025)
7 Asia-Pacific
7.1 Asia-Pacific Handheld Digital Multimeter Market Size YoY Growth 2020-2031
7.2 Asia-Pacific Handheld Digital Multimeter Market Facts & Figures by Region
7.2.1 Asia-Pacific Handheld Digital Multimeter Sales by Region (2020-2031)
7.2.2 Asia-Pacific Handheld Digital Multimeter Revenue by Region (2020-2031)
7.3 Asia-Pacific Handheld Digital Multimeter Sales by Type (2020-2025)
7.4 Asia-Pacific Handheld Digital Multimeter Sales by Application (2020-2025)
8 Europe
8.1 Europe Handheld Digital Multimeter Market Size YoY Growth 2020-2031
8.2 Europe Handheld Digital Multimeter Market Facts & Figures by Country
8.2.1 Europe Handheld Digital Multimeter Sales by Country (2020-2031)
8.2.2 Europe Handheld Digital Multimeter Revenue by Country (2020-2031)
8.3 Europe Handheld Digital Multimeter Sales by Type (2020-2025)
8.4 Europe Handheld Digital Multimeter Sales by Application (2020-2025)
9 Latin America
9.1 Latin America Handheld Digital Multimeter Market Size YoY Growth 2020-2031
9.2 Latin America Handheld Digital Multimeter Market Facts & Figures by Country
9.2.1 Latin America Handheld Digital Multimeter Sales by Country (2020-2031)
9.2.2 Latin America Handheld Digital Multimeter Revenue by Country (2020-2031)
9.3 Latin America Handheld Digital Multimeter Sales by Type (2020-2025)
9.4 Latin America Handheld Digital Multimeter Sales by Application (2020-2025)
10 Middle East and Africa
10.1 Latin America Handheld Digital Multimeter Market Size YoY Growth 2020-2031
10.2 Middle East and Africa Handheld Digital Multimeter Market Facts & Figures by Country
10.2.1 Middle East and Africa Handheld Digital Multimeter Sales by Country (2020-2031)
10.2.2 Middle East and Africa Handheld Digital Multimeter Revenue by Country (2020-2031)
10.3 Middle East and Africa Handheld Digital Multimeter Sales by Type (2020-2025)
10.4 Middle East and Africa Handheld Digital Multimeter Sales by Application (2020-2025)
11 Supply Chain and Sales Channel analysis
11.1 Handheld Digital Multimeter Supply Chain Analysis
11.2 Handheld Digital Multimeter Key Raw Materials and Upstream Suppliers
11.3 Handheld Digital Multimeter Clients Analysis
11.4 Handheld Digital Multimeter Sales Channel and Sales Model Analysis
11.4.1 Handheld Digital Multimeter Distribution Channel Analysis: Indirect Sales VS Direct Sales
11.4.2 Handheld Digital Multimeter Distribution Channel Analysis: Online Sales VS Offline Sales
11.4.3 Handheld Digital Multimeter Distributors
12 Handheld Digital Multimeter Market Dynamics
12.1 Handheld Digital Multimeter Industry Trends
12.2 Handheld Digital Multimeter Market Drivers
12.3 Handheld Digital Multimeter Market Challenges
12.4 Handheld Digital Multimeter Market Restraints
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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Published: 2024-04-16
Pages: 149
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.
Published: 2024-04-07
Pages: 105
REPORT COVERAGE
DESCRIPTION
OVERVIEW
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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