The global export of non-recording ammeters, voltmeters, and ohm meters is heavily dominated by China, which held a commanding 92.11% market share in units in 2023. Switzerland and India follow, with 2.71% and 1.2%, respectively. Smaller players include Belarus, Russia, and Armenia. Over the past year, substantial increases in exports were noted for Switzerland and Colombia, while significant declines occurred in Singapore and Malaysia.
Future trends to watch:
- Continued dominance by China, with moderate year-on-year growth projected.
- Potential growth opportunities for countries like Switzerland and India, driven by technological advancements and increased global demand.
- Shifts in trade dynamics resulting from geopolitical developments and supply chain adaptations.
Top countries in Export of Non-Recording Ammeters, Voltmeters, Ohm Meters Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 92.11 | 2023 | +4.3% | +4.54% | View data |
| 2 | 2 Switzerland | 2.71 | 2023 | -5.96% | +190.32% | View data |
| 3 | 3 India | 1.2 | 2023 | +3.32% | +2.52% | View data |
| 4 | 4 Belarus | 0.44 | 2023 | +5.85% | +2.42% | View data |
| 5 | 5 Russia | 0.26 | 2023 | +4.03% | +4.08% | View data |
| 6 | 6 Armenia | 0.12 | 2023 | +2.13% | -5.79% | View data |
| 7 | 7 Philippines | 0.11 | 2023 | +6.4% | +2.69% | View data |
| 8 | 8 Brazil | 0.048 | 2023 | +4.64% | +3.93% | View data |
| 9 | 9 Singapore | 0.011 | 2023 | -88.81% | -47.12% | View data |
| 10 | 10 Norway | 0.008 | 2023 | +5.53% | +3.59% | View data |
