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March 9, 2020, 2:28 a.m. EDT

Global Digital Multimeter Market is expected to reach $1,406.92 million by 2027 growing at a CAGR 6.3% during 2018 to 2027.

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Mar 09, 2020 (MarketersMedia via COMTEX) -- Some of the key players profiled in the Digital Multimeter Market include Yokogawa Electric Corporation, Teledyne Lecroy, Tektronix, Sanwa Electric Instrument Company, Rohde & Schwarz, National Instruments, Kyoritsu Electrical Instrument Works, Keysight Technologies, and B&K Precision.

Gaithersburg, Maryland, United States - March 2, 2020 /MarketersMedia/ --

Increased penetration of electronic devices across end-use industries and low cost and versatility of digital multimeters are the major factors driving the market growth. However, the need for periodic recalibration over the product lifetime is restraining market growth.

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A digital multimeter (DMM) is a device that gives various sorts of estimations inside one instrument. DMM utilizes a more exact and meaningful computerized yield than a simple answer. Without the utilization of a DMM to right presently quantify stay voltage and flows, there's a risk of excruciating stuns that may even be fatal. In this way, it represents a basic wellbeing risk.

Based on the application, the automotive segment is likely to have a huge demand growing demand for electric vehicles and self-driving cars in developed regions and increased penetration of electronic devices.

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By geography, the Asia Pacific is going to have a lucrative growth during the forecast period as the world's biggest electronic manufacturing companies operate from this region because of the availability of cheap labour and the easy availability of raw materials.

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Types Covered:
? Benchtop
? Mounted
? Handheld

Ranging Types Covered:
? Manual
? Clamp Digital
? Fluke Digital
? Auto-Ranging

Applications Covered:
? Energy
? Automotive
? Medical Equipment Manufacturing
? Consumer Electronics & Appliances
? Commercial
? Utility
? Residential
? Industrial

Regions Covered:
? North America
o US
o Canada
o Mexico
? Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
? Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
? South America
o Argentina
o Brazil
o Chile
o Rest of South America
? Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

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Contact Info:
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Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
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Source URL: https://marketersmedia.com/global-digital-multimeter-market-is-expected-to-reach-140692-million-by-2027-growing-at-a-cagr-63-during-2018-to-2027/88948567

Source: MarketersMedia

Release ID: 88948567

This press release is syndicated from MarketersMEDIA, your global press release service which provides business announcements, market trends, financial analysis, expected growth forecast, predictions, and more since 2012.

MarketersMEDIA press releases syndicated on this website are accurate at the time of release. Information provided in the release such as global trends, analysis, growth forecast, and expected market share in dollars may change over time, and may or may not be accurate after the date of release.

COMTEX_363135311/2567/2020-03-09T02:27:51

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