Fact.MR Analog Multimeters Market Segmented By type Hand-held Multimeters, Bench Top Multimeters; By application Electronics Factories, Laboratories
Analog multimeters are electronic devices that are used to measure electrical quantities such as resistance, voltage, current, signal power, and frequency. Analog multimeters are used to find electrical and electronic problems. Basic functionality is the measurement of resistance in ohms, current in amperes, and potential in volts. Advanced analog multimeters comes with some additional features such as diode, capacitor, and IC testing modes.
Some of the specific measurements done with the help of analog multimeters are DC current, AC current, DC voltage, and AC voltage. Analog multimeters are generally hand-held or bench top. Hand-held analog multimeters are designed in such a manner that they can be used while being held in one hand. Bench top analog multimeters can be transported around with the use of wheels and handles.
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Like the digital ones, even analog multimeters have a variety of ranges. These ranges are described in terms of Full Scale Deflection (FSD). In order to read the significant numbers with optimum accuracy, the scale reading should be somewhere between around a quarter and all of the FSD. Analog multimeters can have the following ranges.
Global Analog Multimeters Market: Drivers and Challenges
It is very easy to gain a quick idea of the value of magnitude and the trends for slowly moving changes with the help of the continuous movement of the needle of an analog multimeter, which one of the key factors driving the growth of the analog multimeters market. Analog multimeters are easily available even when digital meters are not, which is another factor fueling the growth of the analog multimeters market. Analog multimeters are expected to be widely used by various national parks and zoos across various countries, and this increased utilization is anticipated to drive the growth of the analog multimeters market. Moreover, the increased adoption of electronic devices is also anticipated to propel the demand for analog multimeters.
Analog multimeter provides a low input resistance as compared to the input impedance provided by the digital meters, which is one of the major factors restraining the growth of the analog multimeters market. Moreover, a ban has been imposed on the use of analog multimeters on roads across several regions such as New South Wales, Dubai, Netherlands, California, and New York, and these bans have immensely affected the demand for analog multimeters.
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In June 2017, Jewell Instruments, LLC announced the acquisition of Gem Electronics, Inc. The addition of Gem Electronic, Inc.’s consumable products along with Triplett’s growing sales and product development team will better position Triplett to provide a more complete line of solutions for low voltage installers and maintainers.
Examples of some of the market participants in the global analog multimeters market identified across the value chain include Agilent Technologies, Rohde & Schwarz, National Instruments, Adlink Technology, Aeroflex, Tektronix, Giga-tronics, Teledyne LeCroy, Danaher, Yokagawa Electric, and Rigol Technologies.
Global Analog Multimeters Market: Regional Outlook
The analog multimeters market can be segmented into North America, Latin America, Europe, CIS & Russia, Japan, APEJ, and Middle East & Africa.
North America is expected hold the largest share of the analog multimeters market during the forecast period because of the fast adoption of technology in the region. China and Japan are anticipated to witness the highest growth in the analog multimeters market during the forecast period, due to the wide usage of analog multimeters in factories.
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The report is a compilation of first-hand information, qualitative & quantitative assessment by industry analysts, as well as inputs from industry experts & industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
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