Digital Multimeter(DMM) Market
Digital Multimeter(DMM) Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Digital Multimeter(DMM) Market Size and Growth
The Digital Multimeter (DMM) market is witnessing robust growth, driven by increased demand in various industries. The global market size is projected to reach approximately $2 billion by 2025, with a CAGR of around 5.5%. Factors influencing this trend include technological advancements and rising automation in sectors like electronics and automotive.
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Companies Covered
(Covid 19 Impact Covered)
◍ Fortive
◍ Keysight Technologies
◍ Rohde & Schwarz
◍ Gossen Metrawatt
◍ Klein Tools
◍ FLIR
◍ B
＆ K Precision Corporation
◍ HIOKI
◍ Chauvin Arnoux Group
◍ UNI-T
◍ Mastech Group
◍ GW Instek
◍ Prokits Industries Co., LTD
◍ Metrel d.d.
◍ Shen Zhen Victor Hi-tech
◍ Atten Technology
◍ Amprobe
The Digital Multimeter (DMM) market is competitive with major players like Fortive, Keysight Technologies, and Rohde & Schwarz driving innovation. These companies enhance market growth by offering advanced features, improving accuracy, and catering to various industries. Their sales, bolstered by diverse applications, continue to expand the DMM market significantly.
◍ Leierda
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Market Segmentation
By Application
Industrial Manufacturing
Commercial
Public Utilities
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By Product
Handheld Type
Bench-top Type
Others
Market Growth
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$ X Billion USD
