Global Multimeter Market 2015-2019

The key findings from our multimeter market forecast report are summarized below

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Global Multimeter Industry Outlook

A multimeter, also known as a multitester or VOM, is a type of electronic measurement instrument that incorporates several measurement functions in one compact unit. The most basic features include measurement of voltage, current, and resistance. There are two types of multimeter: analog and digital. An analog multimeter uses a microammeter that includes a pointer moving over a calibrated scale to make various types of measurements. On the other hand, a digital one possesses a display screen that displays the reading in numeric digits. The demand for digital multimeter is increasing compared to analog because of the precise and accurate measurements provided by the digital multimeter.

Technavio’s analysts forecast the global multimeter market to grow at a CAGR of 6.02% over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the global multimeter market during the period 2015-2019. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of multimeters.

Technavio's report, Global Multimeter Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Vendors

• Agilent Technologies
• Anritsu
• Danaher
• Rohde & Schwarz
• Tektronix

Other Prominent Vendors

• Adlink Technology
• Aeroflex
• Ametek
• Giga-tronics
• National Instruments
• Rigol Technologies
• Teledyne LeCroy
• Teradyne
• Yokagawa Electric

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Market Driver

• Increased adoption of electronic devices
• For a full, detailed list, view our report

Market Challenge

• Demand for used and rental general purpose test equipment
• For a full, detailed list, view our report

Market Trend

• Demand for integrated test equipment
• For a full, detailed list, view our report

Key highlights of the global multimeter​ market for the forecast years 2015-2019:

• CAGR of the market during the forecast period 2015-2019
• Detailed information on factors that will accelerate the growth of the multimeter​ market during the next five years
• Precise estimation of the global multimeter​ market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behaviour
• Growth of the multimeter​ industry across various geographies such as the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of multimeter​ companies

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