Refrigerant Leak Detectors Market Expected to Reach US$ 87 mn by 2025, Suggests QY Research

Refrigerant Leak Detector has become a crucial tool for many trade professionals. Basically any equipment that is used in air conditioning or for cooling / freezing contains a refrigerant that has the potential to escape from the coils and joints, so leak testing occurs during production of the equipment, installation (if applicable) and periodic maintenance checks throughout the life of the equipment.

The global Refrigerant Leak Detectors market was 74 million US$ in 2018 and is expected to 87 million US$ by the end of 2025, growing at a CAGR of 2.1% between 2019 and 2025.

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At present, the manufactures of Refrigerant Leak Detectors are concentrated in North America, China, Europe, Japan, Southeast Asia, and India. Among them, North America, China and Europe play important roles. The global leading players in this market are Inficon, Robinair, Testo, Bacharach, Ritchie Engineering.

Despite the presence of competition problems, due to the increasing demand of freight industry, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep increasing, as well as the consumption value.

This report studies the Refrigerant Leak Detectors market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Refrigerant Leak Detectors in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Inficon

Robinair

Testo

Bacharach

Ritchie Engineering

AGPtek

CPS

Elitech

Fieldpiece Instruments

By the product type, the market is primarily split into

Handheld Type

Desktop Type

By the end users/application, this report covers the following segments

Commercial

Industrial

Resident

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