Machinery and Equipments

Digital Multimeter (DMM) Market is projected to reach 1420 Million US$ by 2025


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This report presents the worldwide Digital Multimeter (DMM) market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The study objectives are:

  • To analyze and research the global Digital Multimeter (DMM) status and future forecast?involving, production, revenue, consumption, historical and forecast.
  • To present the key Digital Multimeter (DMM) manufacturers, production, revenue, market share, and recent development.
  • To split the breakdown data by regions, type, manufacturers and applications.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends, drivers, influence factors in global and regions.
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

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.

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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 Digital Multimeter (DMM) market was valued at 1070 Million US$ in 2017 and is projected to reach 1420 Million US$ by 2025, at a CAGR of 3.7% during the forecast period.

In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Digital Multimeter (DMM).

The following manufacturers are covered in this report:

Digital Multimeter (DMM) Breakdown Data by Type

  • Handheld Type
  • Bench-top Type
  • Others

Digital Multimeter (DMM) Breakdown Data by Application

  • Industrial Manufacturing
  • Commercial
  • Public Utilities

Digital Multimeter (DMM) Production by Region

  • United States
  • Europe
  • China
  • Japan
  • Other Regions

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