APO RESEARCH · REPORT
Multimeters
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. It is a standard diagnostic tool for technicians in the electrical/electronic industries.
Product & engineering
Understand the product.
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. It is a standard diagnostic tool for technicians in the electrical/electronic industries.
Selected research
Industry Research
Multimeters Industry Research Report 2026
Market perspective
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. It is a standard diagnostic tool for technicians in the electrical/electronic industries.
Currently, there are plenty of producing companies in the world. The Global market main players are 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. and so on.
In the production market, the Largest production region is China, with the production market share is 54% and the revenue market share is 30%.
Read the full market overview
China is the largest consumption country of Multimeters, with a sales market share nearly 35%.The second region is North America, following China with the sales market share of 20%.
Multimeters used in Industrial Manufacturing, Commercial and Public Utilities. Report data showed that 60% of the Multimeters market demand in Industrial Manufacturing.
There are main three kinds of Multimeters, which are Handheld Type, Bench-top Type and others. Handheld Type is important in the Multimeters, with a Production market share nearly 79%.
Report Scope
This report quantifies the global Multimeters market in revenue (US$ million) and, where applicable, sales volume (K Units), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/K Units) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Multimeters.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Multimeters Market by Company
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.
Multimeters Segment by Type
Handheld Type
Bench-Top Type
Others
Multimeters Segment by Application
Industrial Manufacturing
Commercial
Public Utilities
Multimeters Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Multimeters market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Multimeters and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Multimeters.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, 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 3: Detailed analysis of Multimeters manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Multimeters by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Multimeters in regional level and country 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, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Handheld Type
- Bench-Top Type
- Others
Applications
- Industrial Manufacturing
- Commercial
- Public Utilities
Companies covered
- 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.
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Multimeters by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Handheld Type
- 2.2.3 Bench-Top Type
- 2.2.4 Others
- 2.3 Multimeters by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Industrial Manufacturing
- 2.3.3 Commercial
- 2.3.4 Public Utilities
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Multimeters Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Multimeters Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Multimeters Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Multimeters Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Multimeters Production by Manufacturers (2021-2026)
- 3.2 Global Multimeters Production Value by Manufacturers (2021-2026)
- 3.3 Global Multimeters Average Price by Manufacturers (2021-2026)
- 3.4 Global Multimeters Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Multimeters Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Multimeters Manufacturers, Product Type & Application
- 3.7 Global Multimeters Manufacturers Established Date
- 3.8 Global Multimeters Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Fluke Corporation
- 4.1.1 Fluke Corporation Multimeters Company Information
- 4.1.2 Fluke Corporation Multimeters Business Overview
- 4.1.3 Fluke Corporation Multimeters Production, Value and Gross Margin (2021-2026)
- 4.1.4 Fluke Corporation Product Portfolio
- 4.1.5 Fluke Corporation Recent Developments
- 4.2 Keysight
- 4.2.1 Keysight Multimeters Company Information
- 4.2.2 Keysight Multimeters Business Overview
- 4.2.3 Keysight Multimeters Production, Value and Gross Margin (2021-2026)
- 4.2.4 Keysight Product Portfolio
- 4.2.5 Keysight Recent Developments
- 4.3 FLIR
- 4.3.1 FLIR Multimeters Company Information
- 4.3.2 FLIR Multimeters Business Overview
- 4.3.3 FLIR Multimeters Production, Value and Gross Margin (2021-2026)
- 4.3.4 FLIR Product Portfolio
- 4.3.5 FLIR Recent Developments
- 4.4 Rohde & Schwarz
- 4.4.1 Rohde & Schwarz Multimeters Company Information
- 4.4.2 Rohde & Schwarz Multimeters Business Overview
- 4.4.3 Rohde & Schwarz Multimeters Production, Value and Gross Margin (2021-2026)
- 4.4.4 Rohde & Schwarz Product Portfolio
- 4.4.5 Rohde & Schwarz Recent Developments
- 4.5 Victor
- 4.5.1 Victor Multimeters Company Information
- 4.5.2 Victor Multimeters Business Overview
- 4.5.3 Victor Multimeters Production, Value and Gross Margin (2021-2026)
- 4.5.4 Victor Product Portfolio
- 4.5.5 Victor Recent Developments
- 4.6 UNI-T
- 4.6.1 UNI-T Multimeters Company Information
- 4.6.2 UNI-T Multimeters Business Overview
- 4.6.3 UNI-T Multimeters Production, Value and Gross Margin (2021-2026)
- 4.6.4 UNI-T Product Portfolio
- 4.6.5 UNI-T Recent Developments
- 4.7 HIOKI
- 4.7.1 HIOKI Multimeters Company Information
- 4.7.2 HIOKI Multimeters Business Overview
- 4.7.3 HIOKI Multimeters Production, Value and Gross Margin (2021-2026)
- 4.7.4 HIOKI Product Portfolio
- 4.7.5 HIOKI Recent Developments
- 4.8 Chauvin Arnoux Group
- 4.8.1 Chauvin Arnoux Group Multimeters Company Information
- 4.8.2 Chauvin Arnoux Group Multimeters Business Overview
- 4.8.3 Chauvin Arnoux Group Multimeters Production, Value and Gross Margin (2021-2026)
- 4.8.4 Chauvin Arnoux Group Product Portfolio
- 4.8.5 Chauvin Arnoux Group Recent Developments
- 4.9 Klein Tools
- 4.9.1 Klein Tools Multimeters Company Information
- 4.9.2 Klein Tools Multimeters Business Overview
- 4.9.3 Klein Tools Multimeters Production, Value and Gross Margin (2021-2026)
- 4.9.4 Klein Tools Product Portfolio
- 4.9.5 Klein Tools Recent Developments
- 4.10 B&K Precision Corporation
- 4.10.1 B&K Precision Corporation Multimeters Company Information
- 4.10.2 B&K Precision Corporation Multimeters Business Overview
- 4.10.3 B&K Precision Corporation Multimeters Production, Value and Gross Margin (2021-2026)
- 4.10.4 B&K Precision Corporation Product Portfolio
- 4.10.5 B&K Precision Corporation Recent Developments
- 4.11 CEM
- 4.11.1 CEM Multimeters Company Information
- 4.11.2 CEM Multimeters Business Overview
- 4.11.3 CEM Multimeters Production, Value and Gross Margin (2021-2026)
- 4.11.4 CEM Product Portfolio
- 4.11.5 CEM Recent Developments
- 4.12 Gossen Metrawatt
- 4.12.1 Gossen Metrawatt Multimeters Company Information
- 4.12.2 Gossen Metrawatt Multimeters Business Overview
- 4.12.3 Gossen Metrawatt Multimeters Production, Value and Gross Margin (2021-2026)
- 4.12.4 Gossen Metrawatt Product Portfolio
- 4.12.5 Gossen Metrawatt Recent Developments
- 4.13 Prokits Industries Co., LTD
- 4.13.1 Prokits Industries Co., LTD Multimeters Company Information
- 4.13.2 Prokits Industries Co., LTD Multimeters Business Overview
- 4.13.3 Prokits Industries Co., LTD Multimeters Production, Value and Gross Margin (2021-2026)
- 4.13.4 Prokits Industries Co., LTD Product Portfolio
- 4.13.5 Prokits Industries Co., LTD Recent Developments
- 4.14 Mastech Group
- 4.14.1 Mastech Group Multimeters Company Information
- 4.14.2 Mastech Group Multimeters Business Overview
- 4.14.3 Mastech Group Multimeters Production, Value and Gross Margin (2021-2026)
- 4.14.4 Mastech Group Product Portfolio
- 4.14.5 Mastech Group Recent Developments
- 4.15 GW Instek
- 4.15.1 GW Instek Multimeters Company Information
- 4.15.2 GW Instek Multimeters Business Overview
- 4.15.3 GW Instek Multimeters Production, Value and Gross Margin (2021-2026)
- 4.15.4 GW Instek Product Portfolio
- 4.15.5 GW Instek Recent Developments
- 4.16 Sata
- 4.16.1 Sata Multimeters Company Information
- 4.16.2 Sata Multimeters Business Overview
- 4.16.3 Sata Multimeters Production, Value and Gross Margin (2021-2026)
- 4.16.4 Sata Product Portfolio
- 4.16.5 Sata Recent Developments
- 4.17 Triplett
- 4.17.1 Triplett Multimeters Company Information
- 4.17.2 Triplett Multimeters Business Overview
- 4.17.3 Triplett Multimeters Production, Value and Gross Margin (2021-2026)
- 4.17.4 Triplett Product Portfolio
- 4.17.5 Triplett Recent Developments
- 4.18 Leierda
- 4.18.1 Leierda Multimeters Company Information
- 4.18.2 Leierda Multimeters Business Overview
- 4.18.3 Leierda Multimeters Production, Value and Gross Margin (2021-2026)
- 4.18.4 Leierda Product Portfolio
- 4.18.5 Leierda Recent Developments
- 4.19 Metrel d.d.
- 4.19.1 Metrel d.d. Multimeters Company Information
- 4.19.2 Metrel d.d. Multimeters Business Overview
- 4.19.3 Metrel d.d. Multimeters Production, Value and Gross Margin (2021-2026)
- 4.19.4 Metrel d.d. Product Portfolio
- 4.19.5 Metrel d.d. Recent Developments
5 Global Multimeters Production by Region
- 5.1 Global Multimeters Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Multimeters Production by Region: 2021-2032
- 5.2.1 Global Multimeters Production by Region: 2021-2026
- 5.2.2 Global Multimeters Production Forecast by Region (2027-2032)
- 5.3 Global Multimeters Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Multimeters Production Value by Region: 2021-2032
- 5.4.1 Global Multimeters Production Value by Region: 2021-2026
- 5.4.2 Global Multimeters Production Value Forecast by Region (2027-2032)
- 5.5 Global Multimeters Market Price Analysis by Region (2021-2026)
- 5.6 Global Multimeters Production and Value, YOY Growth
- 5.6.1 North America Multimeters Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Multimeters Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Multimeters Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Multimeters Production Value Estimates and Forecasts (2021-2032)
6 Global Multimeters Consumption by Region
- 6.1 Global Multimeters Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Multimeters Consumption by Region (2021-2032)
- 6.2.1 Global Multimeters Consumption by Region: 2021-2026
- 6.2.2 Global Multimeters Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Multimeters Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Multimeters Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Multimeters Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Multimeters Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Multimeters Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Multimeters Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Multimeters Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Multimeters Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Multimeters Production by Type (2021-2032)
- 7.1.1 Global Multimeters Production by Type (2021-2032) & (K Units)
- 7.1.2 Global Multimeters Production Market Share by Type (2021-2032)
- 7.2 Global Multimeters Production Value by Type (2021-2032)
- 7.2.1 Global Multimeters Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Multimeters Production Value Market Share by Type (2021-2032)
- 7.3 Global Multimeters Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Multimeters Production by Application (2021-2032)
- 8.1.1 Global Multimeters Production by Application (2021-2032) & (K Units)
- 8.1.2 Global Multimeters Production Market Share by Application (2021-2032)
- 8.2 Global Multimeters Production Value by Application (2021-2032)
- 8.2.1 Global Multimeters Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Multimeters Production Value Market Share by Application (2021-2032)
- 8.3 Global Multimeters Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Multimeters Value Chain Analysis
- 9.1.1 Multimeters Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Multimeters Production Mode & Process
- 9.2 Multimeters Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Multimeters Distributors
- 9.2.3 Multimeters Customers
10 Global Multimeters Analyzing Market Dynamics
- 10.1 Multimeters Industry Trends
- 10.2 Multimeters Industry Drivers
- 10.3 Multimeters Industry Opportunities and Challenges
- 10.4 Multimeters Industry Restraints
11 Report Conclusion
12 Disclaimer
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