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 Growth & Trends
Global Multimeters Industry Growth and Trends Forecast to 2032
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 provides a structured, data-driven view of the global Multimeters market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Multimeters market size, estimates, and forecasts are presented in terms of sales volume (K Units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Multimeters market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Multimeters.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Multimeters market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
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: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of Multimeters manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Multimeters in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights 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 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Multimeters Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Multimeters Sales Estimates and Forecasts (2021-2032)
- 1.3 Multimeters Market by Type
- 1.3.1 Handheld Type
- 1.3.2 Bench-Top Type
- 1.3.3 Others
- 1.4 Global Multimeters Market Size by Type
- 1.4.1 Global Multimeters Market Size Overview by Type (2021-2032)
- 1.4.2 Global Multimeters Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Multimeters Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Multimeters Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Multimeters Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Multimeters Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Multimeters Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Multimeters Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Multimeters Industry Trends
- 2.2 Multimeters Industry Drivers
- 2.3 Multimeters Industry Opportunities and Challenges
- 2.4 Multimeters Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Multimeters Revenue (2021-2026)
- 3.2 Global Top Players by Multimeters Sales (2021-2026)
- 3.3 Global Top Players by Multimeters Price (2021-2026)
- 3.4 Global Multimeters Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Multimeters Major Company Production Sites & Headquarters
- 3.6 Global Multimeters Company, Product Type & Application
- 3.7 Global Multimeters Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Multimeters Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Multimeters Players Market Share by Revenue in 2025
- 3.8.3 2025 Multimeters Tier 1, Tier 2, and Tier 3
4 Multimeters Regional Status and Outlook
- 4.1 Global Multimeters Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Multimeters Historic Market Size by Region
- 4.2.1 Global Multimeters Sales in Volume by Region (2021-2026)
- 4.2.2 Global Multimeters Sales in Value by Region (2021-2026)
- 4.2.3 Global Multimeters Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Multimeters Forecasted Market Size by Region
- 4.3.1 Global Multimeters Sales in Volume by Region (2027-2032)
- 4.3.2 Global Multimeters Sales in Value by Region (2027-2032)
- 4.3.3 Global Multimeters Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Multimeters by Application
- 5.1 Multimeters Market by Application
- 5.1.1 Industrial Manufacturing
- 5.1.2 Commercial
- 5.1.3 Public Utilities
- 5.2 Global Multimeters Market Size by Application
- 5.2.1 Global Multimeters Market Size Overview by Application (2021-2032)
- 5.2.2 Global Multimeters Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Multimeters Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Multimeters Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Multimeters Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Multimeters Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Multimeters Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Multimeters Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Fluke Corporation
- 6.1.1 Fluke Corporation Company Information
- 6.1.2 Fluke Corporation Business Overview
- 6.1.3 Fluke Corporation Multimeters Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Fluke Corporation Multimeters Product Portfolio
- 6.1.5 Fluke Corporation Recent Developments
- 6.2 Keysight
- 6.2.1 Keysight Company Information
- 6.2.2 Keysight Business Overview
- 6.2.3 Keysight Multimeters Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Keysight Multimeters Product Portfolio
- 6.2.5 Keysight Recent Developments
- 6.3 FLIR
- 6.3.1 FLIR Company Information
- 6.3.2 FLIR Business Overview
- 6.3.3 FLIR Multimeters Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 FLIR Multimeters Product Portfolio
- 6.3.5 FLIR Recent Developments
- 6.4 Rohde & Schwarz
- 6.4.1 Rohde & Schwarz Company Information
- 6.4.2 Rohde & Schwarz Business Overview
- 6.4.3 Rohde & Schwarz Multimeters Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Rohde & Schwarz Multimeters Product Portfolio
- 6.4.5 Rohde & Schwarz Recent Developments
- 6.5 Victor
- 6.5.1 Victor Company Information
- 6.5.2 Victor Business Overview
- 6.5.3 Victor Multimeters Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Victor Multimeters Product Portfolio
- 6.5.5 Victor Recent Developments
- 6.6 UNI-T
- 6.6.1 UNI-T Company Information
- 6.6.2 UNI-T Business Overview
- 6.6.3 UNI-T Multimeters Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 UNI-T Multimeters Product Portfolio
- 6.6.5 UNI-T Recent Developments
- 6.7 HIOKI
- 6.7.1 HIOKI Company Information
- 6.7.2 HIOKI Business Overview
- 6.7.3 HIOKI Multimeters Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 HIOKI Multimeters Product Portfolio
- 6.7.5 HIOKI Recent Developments
- 6.8 Chauvin Arnoux Group
- 6.8.1 Chauvin Arnoux Group Company Information
- 6.8.2 Chauvin Arnoux Group Business Overview
- 6.8.3 Chauvin Arnoux Group Multimeters Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Chauvin Arnoux Group Multimeters Product Portfolio
- 6.8.5 Chauvin Arnoux Group Recent Developments
- 6.9 Klein Tools
- 6.9.1 Klein Tools Company Information
- 6.9.2 Klein Tools Business Overview
- 6.9.3 Klein Tools Multimeters Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Klein Tools Multimeters Product Portfolio
- 6.9.5 Klein Tools Recent Developments
- 6.10 B&K Precision Corporation
- 6.10.1 B&K Precision Corporation Company Information
- 6.10.2 B&K Precision Corporation Business Overview
- 6.10.3 B&K Precision Corporation Multimeters Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 B&K Precision Corporation Multimeters Product Portfolio
- 6.10.5 B&K Precision Corporation Recent Developments
- 6.11 CEM
- 6.11.1 CEM Company Information
- 6.11.2 CEM Business Overview
- 6.11.3 CEM Multimeters Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 CEM Multimeters Product Portfolio
- 6.11.5 CEM Recent Developments
- 6.12 Gossen Metrawatt
- 6.12.1 Gossen Metrawatt Company Information
- 6.12.2 Gossen Metrawatt Business Overview
- 6.12.3 Gossen Metrawatt Multimeters Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 Gossen Metrawatt Multimeters Product Portfolio
- 6.12.5 Gossen Metrawatt Recent Developments
- 6.13 Prokits Industries Co., LTD
- 6.13.1 Prokits Industries Co., LTD Company Information
- 6.13.2 Prokits Industries Co., LTD Business Overview
- 6.13.3 Prokits Industries Co., LTD Multimeters Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 Prokits Industries Co., LTD Multimeters Product Portfolio
- 6.13.5 Prokits Industries Co., LTD Recent Developments
- 6.14 Mastech Group
- 6.14.1 Mastech Group Company Information
- 6.14.2 Mastech Group Business Overview
- 6.14.3 Mastech Group Multimeters Sales, Revenue and Gross Margin (2021-2026)
- 6.14.4 Mastech Group Multimeters Product Portfolio
- 6.14.5 Mastech Group Recent Developments
- 6.15 GW Instek
- 6.15.1 GW Instek Company Information
- 6.15.2 GW Instek Business Overview
- 6.15.3 GW Instek Multimeters Sales, Revenue and Gross Margin (2021-2026)
- 6.15.4 GW Instek Multimeters Product Portfolio
- 6.15.5 GW Instek Recent Developments
- 6.16 Sata
- 6.16.1 Sata Company Information
- 6.16.2 Sata Business Overview
- 6.16.3 Sata Multimeters Sales, Revenue and Gross Margin (2021-2026)
- 6.16.4 Sata Multimeters Product Portfolio
- 6.16.5 Sata Recent Developments
- 6.17 Triplett
- 6.17.1 Triplett Company Information
- 6.17.2 Triplett Business Overview
- 6.17.3 Triplett Multimeters Sales, Revenue and Gross Margin (2021-2026)
- 6.17.4 Triplett Multimeters Product Portfolio
- 6.17.5 Triplett Recent Developments
- 6.18 Leierda
- 6.18.1 Leierda Company Information
- 6.18.2 Leierda Business Overview
- 6.18.3 Leierda Multimeters Sales, Revenue and Gross Margin (2021-2026)
- 6.18.4 Leierda Multimeters Product Portfolio
- 6.18.5 Leierda Recent Developments
- 6.19 Metrel d.d.
- 6.19.1 Metrel d.d. Company Information
- 6.19.2 Metrel d.d. Business Overview
- 6.19.3 Metrel d.d. Multimeters Sales, Revenue and Gross Margin (2021-2026)
- 6.19.4 Metrel d.d. Multimeters Product Portfolio
- 6.19.5 Metrel d.d. Recent Developments
7 North America by Country
- 7.1 North America Multimeters Sales by Country
- 7.1.1 North America Multimeters Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Multimeters Sales by Country (2021-2026)
- 7.1.3 North America Multimeters Sales Forecast by Country (2027-2032)
- 7.2 North America Multimeters Market Size by Country
- 7.2.1 North America Multimeters Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Multimeters Market Size by Country (2021-2026)
- 7.2.3 North America Multimeters Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Multimeters Sales by Country
- 8.1.1 Europe Multimeters Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Multimeters Sales by Country (2021-2026)
- 8.1.3 Europe Multimeters Sales Forecast by Country (2027-2032)
- 8.2 Europe Multimeters Market Size by Country
- 8.2.1 Europe Multimeters Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Multimeters Market Size by Country (2021-2026)
- 8.2.3 Europe Multimeters Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Multimeters Sales by Country
- 9.1.1 Asia-Pacific Multimeters Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Multimeters Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Multimeters Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Multimeters Market Size by Country
- 9.2.1 Asia-Pacific Multimeters Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Multimeters Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Multimeters Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Multimeters Sales by Country
- 10.1.1 South America Multimeters Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Multimeters Sales by Country (2021-2026)
- 10.1.3 South America Multimeters Sales Forecast by Country (2027-2032)
- 10.2 South America Multimeters Market Size by Country
- 10.2.1 South America Multimeters Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Multimeters Market Size by Country (2021-2026)
- 10.2.3 South America Multimeters Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Multimeters Sales by Country
- 11.1.1 Middle East and Africa Multimeters Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Multimeters Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Multimeters Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Multimeters Market Size by Country
- 11.2.1 Middle East and Africa Multimeters Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Multimeters Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Multimeters Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Multimeters Value Chain Analysis
- 12.1.1 Multimeters Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Multimeters Production Mode & Process
- 12.2 Multimeters Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Multimeters Distributors
- 12.2.3 Multimeters Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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