Global Digital Multimeter Market Estimated to Grow at a Steady Pace by 2021

by | Jul 5, 2017 | Technology Featured

Have you ever used a multimeter? Such electrical equipment isn’t particularly common among modern consumers, but it does prove its worth under certain circumstances. Most multimeters can measure intensity, frequency, voltage, and can provide a variety of other readings.

The neat thing about such devices is that they act much like ohmmeters, voltmeters, and any other you might need to use. However, the difference between multimeters and the products mentioned above is that it is an all around tool that can perform the tasks of several.

The market for multimeters has grown over the last years significantly. It is estimated that it will grow at a steady pace by 2021 as the needs of consumers in emerging economies become more and more diverse. One of the best-known manufacturing companies in the field, Fluke, has recently come up with an online tool that can let prospective buyers know the exact type of multimeter they require.

According to Research N Reports, the growth will be exponential. The sample for the study can be downloaded via the official research website, and those interested in having a look at the data will have to fill out a simple form with their personal information.

As for innovation, multimeters have come a long way over time. A model that was released at the end of June 2017, the FLIR DM284, integrates a thermal imager that can enable users to find out exactly where an electric problem is located. What this means is that troubleshooting can be considerably sped up because the multimeter owner won’t be forced to test multiple areas in order to determine the location of the issue.

The DM284 lets owners visualize both electrical and thermal measurements at the same time, which is an advantage in itself. Plus, it includes a thermocouple input, which most of its competitors do not. What’s more, the fact that it comes with a highly functional design is also worth noting, especially as its thermal camera boasts three color palettes that can be selected by the user. Both a laser pointer and a work light are built into the device. In a nutshell, it’s all that you will be needing to discover an electrical issue of any nature.

Unfortunately, the DM284 also carries a hefty price tag, which is something that most amateurs will not appreciate. However, if you’re a professional who feels the need to solve such problems in a more than timely fashion, it’s very likely that this device might be able to help you. It’s not every day that you come across the best multimeter, after all.

With devices like these, it’s no wonder that the market is growing at a steady pace. We’ll see what other multimeter innovations we can expect in the years to come.

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