| Product Code: ETC5830789 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, the Republic of North Macedonia saw significant digital multimeter import shipments mainly from China, Germany, Taiwan, Poland, and Slovenia. Despite the diverse sourcing, the market remained competitive with low concentration indicated by the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) for the period 2020-2024 was negative at -20.62%, with a steep decline in growth rate from 2023 to 2024 at -35.89%. This data suggests a challenging market environment for digital multimeter imports in North Macedonia, with fluctuations in growth rates impacting the industry.

In the Europe region, the Digital Multimeter market in North Macedonia is projected to expand at a exponential growth rate of 16.14% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Republic of Macedonia Digital Multimeter Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Digital Multimeter Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Digital Multimeter Market - Industry Life Cycle |
3.4 Republic of Macedonia Digital Multimeter Market - Porter's Five Forces |
3.5 Republic of Macedonia Digital Multimeter Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Republic of Macedonia Digital Multimeter Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Republic of Macedonia Digital Multimeter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electronic testing and measurement equipment in various industries in Republic of Macedonia |
4.2.2 Technological advancements leading to the development of more accurate and efficient digital multimeters |
4.2.3 Growing awareness about the benefits of using digital multimeters for precise measurements |
4.3 Market Restraints |
4.3.1 High initial investment required for purchasing digital multimeters |
4.3.2 Limited availability of skilled technicians proficient in operating digital multimeters in Republic of Macedonia |
5 Republic of Macedonia Digital Multimeter Market Trends |
6 Republic of Macedonia Digital Multimeter Market Segmentations |
6.1 Republic of Macedonia Digital Multimeter Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Digital Multimeter Market Revenues & Volume, By Handheld, 2021-2031F |
6.1.3 Republic of Macedonia Digital Multimeter Market Revenues & Volume, By Mounted, 2021-2031F |
6.2 Republic of Macedonia Digital Multimeter Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Digital Multimeter Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Republic of Macedonia Digital Multimeter Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 Republic of Macedonia Digital Multimeter Market Revenues & Volume, By Industrial, 2021-2031F |
7 Republic of Macedonia Digital Multimeter Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Digital Multimeter Market Export to Major Countries |
7.2 Republic of Macedonia Digital Multimeter Market Imports from Major Countries |
8 Republic of Macedonia Digital Multimeter Market Key Performance Indicators |
8.1 Adoption rate of digital multimeters in key industries in Republic of Macedonia |
8.2 Number of new product launches or technological advancements in the digital multimeter market |
8.3 Percentage increase in demand for digital multimeters compared to traditional analog multimeters |
9 Republic of Macedonia Digital Multimeter Market - Opportunity Assessment |
9.1 Republic of Macedonia Digital Multimeter Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Republic of Macedonia Digital Multimeter Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Republic of Macedonia Digital Multimeter Market - Competitive Landscape |
10.1 Republic of Macedonia Digital Multimeter Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Digital Multimeter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |