Digital Multimeter Market - By Product Type (Handheld, Desktop, Mounted), By Ranging Type (Auto-Ranging, Manual) By Application (Automotive, Energy & Utility, Consumer Electronics, Medical) Forecast, 2023 – 2032

B&K Precision, FLIR Systems, Inc., Fluke Corporation, Giga-tronics, Gossen Metrawatt GmbH, HIOKI E.E. CORPORATION, Keysight Technologies, Kyoristu Electrical Instruments Works, National Instruments Corporation, and Rigol Technologies.

Asia Pacific held over 40% share in the global digital multimeter market in 2022 as countries like Taiwan, Hong Kong, and China own strong power generation capabilities.

Auto-ranging digital multimeter industry share was over 5% CAGR in 2022 due to the widespread use of these meters in radio and electronic testing, automotive electronics, home appliances, portables, and similar devices.

Market size for digital multimeter was USD 1 Billion in 2022 and will grow at a 4.5% CAGR between 2023 and 2032.