Press release
Analog Multimeters Market Volume Forecast and Value Chain Analysis 2018-2028
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.
AC Voltage: 10V, 25V, 100V, 250V, 1,000V
DC Current: 50uA, 1mA 10mW, 100mA
DC Voltage: 2.5V, 10V, 25V, 100V, 250V, 1,000V
Resistance: 1R, 100R, 10,000R
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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Global Analog Multimeters Market: Segmentation
The analog multimeters market can be segmented on the basis of type, application and region.
The analog multimeters market segmentation by type,
Hand-held Multimeters
Bench Top Multimeters
The analog multimeters market segmentation by application,
Electronics Factories
Laboratories
Others
Global Analog Multimeters Market: Competition Landscape
Key Developments
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.
Key Vendors
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.
The report covers exhaustive analysis on,
Multimeters Market Segments
Market Dynamics
Historical Actual Market Size, 2013-2017
Market Size & Forecast, 2018 to 2028
Value Chain
Current Trends/Issues/Challenges
Competition & Companies Involved
Market Drivers and Restraints
Regional analysis for the analog multimeters market includes development in the following regions,
North America
U.S.
Canada
Latin America
Brazil
Mexico
Argentina
Chile
Peru
Rest of LatAm
Europe
EU – 4 (Germany, France, Italy, Spain)
U.K.
BENELUX (Belgium, Netherlands, Luxemburg)
NORDIC (Norway, Denmark, Iceland, Sweden)
Eastern Europe (Poland, Ukraine, Czech Rep., etc.)
Rest of Europe
CIS & Russia
Japan
APEJ
Greater China
India
S. Korea
ASEAN Countries
Rest of APEJ
Middle East & Africa
GCC Countries
Turkey
Iran
Israel
South Africa
Rest of MEA
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.
Report Highlights
Detailed overview of parent market
Changing market dynamics of the industry
In-depth market segmentation
Historical, current and projected market size in terms of value
Recent industry trends and developments
Competitive landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprint
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