Summary - A new market study, titled “Handheld Digital Multimeter Market in China - Manufacturing and Consumption, Outlook and Forecast 2020-2026” has been featured on WiseGuyReports.
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$5,000.
This report contains market size and forecasts of Handheld Digital Multimeter in China, including the following market information:
China Handheld Digital Multimeter Market Revenue, 2015-2020, 2021-2026, ($ millions)
China Handheld Digital Multimeter Market Consumption, 2015-2020, 2021-2026, (K Units)
China Handheld Digital Multimeter Production Capacity, 2015-2020, 2021-2026, (K Units)
Top Five Competitors in China Handheld Digital Multimeter Market 2019 (%)
The global Handheld Digital Multimeter market was valued at 611.4 million in 2019 and is projected to reach US$ 739.8 million by 2026, at a CAGR of 4.9% during the forecast period. While the Handheld Digital Multimeter market size in China was US$ XX million in 2019, and it is expected to reach US$ XX million by the end of 2026, with a CAGR of XX% during 2020-2026.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Handheld Digital Multimeter manufacturers, suppliers, distributors and industry experts on the impacts of the COVID-19 pandemic on businesses, with top challenges including ingredients and raw material delays, component and packaging shortages, reduced/cancelled orders from clients and consumers, and closures of production lines in some impacted areas.
This report also analyses and evaluates the COVID-19 impact on Handheld Digital Multimeter production and consumption in China
Total Market by Segment:
China Handheld Digital Multimeter Market, By Type, 2015-2020, 2021-2026 ($ millions) & (K Units)
China Handheld Digital Multimeter Market Segment Percentages, By Type, 2019 (%)
China Handheld Digital Multimeter Market, By Application, 2015-2020, 2021-2026 ($ millions) & (K Units)
China Handheld Digital Multimeter Market Segment Percentages, By Application, 2019 (%)
The report also provides analysis of leading market participants including:
Total Handheld Digital Multimeter Market Competitors Revenues in China, by Players 2015-2020 (Estimated), ($ millions)
Total Handheld Digital Multimeter Market Competitors Revenues Share in China, by Players 2019 (%)
Total China Handheld Digital Multimeter Market Competitors Sales, by Players 2015-2020 (Estimated), (K Units)
Total China Handheld Digital Multimeter Market Competitors Sales Market Share by Players 2019 ($ millions)
Further, the report presents profiles of competitors in the market, including the following:
Chauvin Arnoux Group
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