openPR Logo
Press release

Handheld HVAC Monitoring Devices Market Size Worth $1,534.99 Million By 2028 | CAGR 5.6%: The Insight Partners

05-25-2022 02:24 PM CET | Industry, Real Estate & Construction

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
The Insight Partners

The Insight Partners

According to the new research report published by The Insight Partners, titled "Handheld HVAC Monitoring Devices Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Device Type and Application," the market is expected to grow from US$ 1,050.10 million in 2021 to US$ 1,534.99 million by 2028; it is estimated to grow at a CAGR of 5.6% from 2021 to 2028.

The surge in the global population has led to an increase in construction activities to fulfill household demands. According to the United Nations (UN) report, the global population is expected to reach ~9.7 billion in 2050 from 7.7 billion in 2020. Additionally, the increase in urbanization and industrialization activities in developing economies has increased commercial projects supported by governments and investments in the construction industry. For instance, the government of China provided an affordable housing system to provide support to ~70% of urban families and middle-income households. Thus, an increase in construction, urbanization, and industrialization activities is likely to create the demand for an effective HVAC system, promoting the growth of handheld HVAC monitoring devices market size.

Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis -

Additionally, a surge in automation activities in residential, commercial, and industrial segments has increased energy consumption on a large scale. Further, the increase in electricity-based HVAC systems has created pressure on electricity production plants and affected the environment globally. There has been an increase in environment-friendly approaches and inclination toward geothermal HVAC systems to overcome environmental problems. Moreover, the increasing awareness about environment conservation has fueled the demand for energy-efficient buildings, further driving the handheld HVAC monitoring device market.

The global handheld HVAC monitoring devices market is segmented based on device type, application, and geography. Based on device type, the handheld HVAC monitoring devices industry is segmented into temperature and humidity meters, gas detector, HVAC multimeter, airflow meter, and pressure gauge meter. In 2020, the pressure gauge meter segment held the largest market share. Based on application, the market is segmented into residential, industrial, and commercial. In 2020, the industrial segment accounted for the largest market share. Geographically, the handheld HVAC monitoring devices market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2020, North America accounted for a significant share in the global handheld HVAC monitoring devices market.

Schedule a pre-sale discussion with the author team in a slot that you prefer to address queries on scope of the report, customization, introduction to methodology, assistance on technologies, and market definitions -

Increasing Product Launches in Handheld HVAC Monitoring Devices to Drive Handheld HVAC Monitoring Devices Market
There has been a constant increase in construction industries and the development of new buildings and residential projects to cater to the demand of the rising population on a large scale. Additionally, rising awareness about the health hazards of unclean surroundings and bad air quality has created the demand for handheld HVAC monitoring devices, promoting the growth of the handheld HVAC monitoring devices market. HVAC monitoring devices play an important role in maintaining a healthy environment inside houses or commercial buildings by constantly monitoring air quality, temperature, and ventilation. Various market players offer advanced HVAC monitoring devices in response to such prominent demand. Further, technological development in existing devices is expected to contribute to the growth of the handheld HVAC monitoring devices market.

Handheld HVAC Monitoring Devices Market Device Type Insights
Based on device type, the global handheld HVAC monitoring devices market is segmented into temperature and humidity meters, gas detectors, airflow meters, HVAC multimeter, and pressure gauge meter. In 2021, the pressure gauge meter segment held the largest share of the market. Moreover, the temperature and humidity meters segment is expected to register the highest CAGR in the market during 2021-2028. Temperature and humidity meters act as a monitoring system that allows controlling environmental parameters in a building in real-time and assist in maintaining optimal air humidity and temperature levels and reducing electricity costs.

Handheld HVAC Monitoring Devices Market: Competitive Landscape and Key Developments
Klein Tools Inc., Fluke Corporation, Honeywell International Inc, TSI Incorporated, Aeroqual Ltd, Met One Instruments Inc, Kanomax USA, Inc, Testo SE & Co. KGaA, and PCE GmbH are among the key players in the global Handheld HVAC Monitoring Devices market. The leading companies focus on the expansion and diversification of their market presence, and acquisition of new customer base, thereby tapping prevailing business opportunities.

Immediate delivery of our off-the-shelf reports and prebooking of upcoming studies, through flexible and convenient payment methods -

In February 2022, Vaisala launched the new immersion type Vaisala TMI110 Temperature Transmitter. This device monitors data centers' conditions and energy efficiency to maintain the digital environment of the data centers

In January 2022, TSI Incorporated launched next-generation Velocicalc and Velocicalc pro-multi-function ventilation meters. It calculates the percentage of outside air used to determine ventilation effectiveness in a building or room. The VelociCalc Pro adds additional built-in workflows for heat flow calculation and four methodologies for performing a duct traverse which speeds up the measurement process while reducing errors.

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi
Phone: +1-646-491-9876

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Handheld HVAC Monitoring Devices Market Size Worth $1,534.99 Million By 2028 | CAGR 5.6%: The Insight Partners here

News-ID: 2636220 • Views: 232

More Releases from The Insight Partners

Neonatal Transilluminators Market Major Manufacturers, Trends, Demand, Analysis …
The Neonatal Transilluminators Market report outlines the evolution of Neonatal Transilluminators Market by type, applications and identifies and assesses the best performing vendors in the market till 2028. Market reports present the revenue opportunities in the Market through 2022-2028, highlighting the market size and growth by technology, geography, vertical and end users An exclusive Neonatal Transilluminators Market research report provides depth analysis of the market dynamics across five regions such as
Ophthalmic Lasers Market Key Players, Share, Trend, Applications, Segmentation A …
Pune, India - The Ophthalmic Lasers Market size (volume and value) and Market chain structure published by the insight partners through its high-quality database which is a valuable source of guidance and direction for companies and individual interested in the Market. Major companies with their market volumes and revenues are covered for each of the regions (north america, europe, asia pacific, middle east & africa, south & central america). An exclusive
Turmeric Powder Market Size, Trends, Growth Scenario and Analysis by 2028
The Turmeric Powder Market study by "The Insight Partners" provides details about the market dynamics affecting the market, market scope, and market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years. Turmeric powder is a bright yellow powder that is made by dry-grinding mature turmeric rhizomes (underground stems). It's a kind of spice that's almost calorie-free and cholesterol-free. Dietary fiber,
Tea Powder Market Size and Global Industry Growth by 2028
The report aims to provide an overview of the "Tea Powder Market" with detailed market segmentation. Also, it analyses the current market scenario and forecasts the market till 2028. The report covers market dynamics affecting the market during the forecast period. Furthermore, the report analyses the competitive scenario, geographic trends, and opportunities in the markets for all geographic regions. The report also includes detailed company profiles of the key players

All 5 Releases

More Releases for HVAC

EDS's All-New HVAC Software Puts a Twist in the HVAC Industry
It's an expensive deal to keep a home warm, cool, and power rightly all the time. And it is a tedious job for the HVAC equipment providers to provide the right-sized HVAC solution without accurate heat or cooling load calculation. To address the challenges of the HVAC service providers, today, Energy Design Systems (EDS), a pioneered HVAC engineering solutions provider, has introduced EDS - a powerful HVAC software. Today, Energy
AKPO OYEGWA REFRIGERATION COMPANY Whether your project is a new build or you are updating an existing building. AKPO OYEGWA REFRIGERATION COMPANY is a full service commercial and industrial HVAC mechanical service contractor with office in Lagos State, Nigeria. With in-depth industry relevant experience AKPO OYEGWA REFRIGERATION COMPANY mechanical services team specialises in offering custom solutions and installations of both commercial and industrial HVAC systems. As an expert full service HVAC contractor
HVAC Centrifugal Compressors Market
The newly released research at Market Study Report titled “2017-2024 Global HVAC Centrifugal Compressors Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years. HVAC Centrifugal Compressors Market is estimated to exceed USD 1 billion by 2024; according to a new research report. Chillers application is expected to value over USD 700 million by 2024. Hotels, shopping malls, commercial offices and hospitals are
Automotive HVAC Technology Market 2018 by Type(Manual HVAC Systems, Automatic HV …
Automotive HVAC Technology MARKET The market research report on the Global Automotive HVAC Technology Market presents an in-depth information about the various aspects of the market, on both global and regional scales, which provides a better understanding of the present market landscape. The growth of the Automotive HVAC Technology market has been driven by the soaring demand for Automotive HVAC Technology in the well-established and emerging regions, current technological advancements, and the
HVAC Company offers Quality HVAC Services in Tulsa, Ok
Tulsa, Ok – SEPTEMBER 13, 2018–Finding the right HVAC services can be difficult for anyone. You want to hire a company that is qualified and will complete the job right the first time. The company that you are looking for needs, to be honest, and trustworthy as well. They are, after all, coming to your home. Wortman Central Air in Tulsa Oklahoma is the diverse, qualified and
Advanced HVAC Control Market Report 2018: Segmentation by Type (Programmable HVA …
Global Advanced HVAC Control market research report provides company profile for Salus, Emerson, Ecobee, Ojelectronics, Regin, Lennox, Nest, Schneider, Honeywell, Johnson Controls, Trane, Siemens and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The