At CAGR 5.6%, the Handheld HVAC Monitoring Devices Market is slated to be worth US$ 1,534.99 million by 2028, says The Insight Partners
The global population outburst has led to an increase in construction activities. Rapid urbanization in developing economies has increased commercial projects supported by governments via investments in the construction industry. Also, the surge in automation activities in residential, commercial, and industrial segments has propelled energy consumption significantly. The growing adoption of electricity-based HVAC systems has created pressure on electricity production plants, in turn, affecting the environment. Thus, there has been an increase in environment-friendly approaches and inclination toward geothermal HVAC systems to overcome environmental problems. Further, advancement in technologies is projected to upsurge the handheld HVAC monitoring device market.
Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis - https://bit.ly/3ojrvGg
According to application, the global handheld HVAC monitoring devices market is segmented into residential, industrial, and commercial. The industrial segment grabs the market growth with a market share of 48.8% in 2020; it is assessed to garner 47.9% share by 2028. The market was valued at US$ 503.20 million in 2020 and is anticipated to grow at a CAGR of 5.3% during the forecast period to reach US$ 734.81 million by 2028.
On the other hand, the high cost of HVAC monitoring devices is likely to hamper the global handheld HVAC monitoring devices market growth.
Based on device type, the market is categorized into temperature and humidity meters, gas detectors, airflow meters, HVAC multimeter, and pressure gauge meter. Among these, the pressure gauge segment dominated the market growth with a share of 32.3% and the market was valued at US$ 333.26 million in 2020. It is slated to be worth US$ 482.29 million by 2028 and the expected CAGR would be 5.2% during the forecast period.
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 - https://bit.ly/3B49a7F
Additionally, the constant increase in automation activities led to the rising demand for constant monitoring, especially in the production of volatile products and their storage. This has led to various technological integration, such as the Internet of Things (IoT) and artificial intelligence (AI), which helps in constant monitoring and issue warnings for operational abnormalities. Moreover, the increase in automation and the rising trend of smart homes have created a demand for effective and efficient HVAC systems and monitoring devices. The handled HVAC monitoring device market players are striving hard to cope with the consumer demand, which led to the increase in investments and strategic collaboration, supporting the growth of the handheld HVAC monitoring device market. Additionally, the COVID-19 pandemic has increased the demand for effective ventilation to lower the concentration of contaminants which in turn prevent the spread of the COVID-19 pandemic. Reopening commercial places will likely amplify the handled HVAC monitoring device market growth.
The List of Companies - Handheld HVAC Monitoring Device Market
Key players profiled in the global handheld HVAC monitoring devices market report are 3M; Fluke Corporation; Honeywell International Inc; TSI Incorporated; Aeroqual Ltd; Met One Instruments Inc; Kanomax USA, Inc; Testo SE & Co. KGaA; and PCE DeutschlandGmbH.
Immediate delivery of our off-the-shelf reports and prebooking of upcoming studies, through flexible and convenient payment methods - https://bit.ly/3IS8rIM
In March 2022, 3M was recognized as one of the world's most ethical companies by Ethisphere Institute for 9th consecutive year.
In December 2021, Honeywell launched a new air monitor that alerts users when indoor air conditions may present increased risk factors for exposure to airborne viruses.
TSI Incorporated launched a new indoor air quality monitor Q-TrakTM XP in January 2021. It is designed for IAQ and industrial hygiene professionals.
Met One Instruments, Inc. presented the Indoor Air Quality Association Expo held in Tucson, Arizona, on February 22-25,
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
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 At CAGR 5.6%, the Handheld HVAC Monitoring Devices Market is slated to be worth US$ 1,534.99 million by 2028, says The Insight Partners here
News-ID: 2685924 • Views: 238
More Releases from The Insight Partners
Ethernet Storage Fabric Market Size, Share & Trends Analysis Report 2022-2028
Global Ethernet Storage Fabric Market Study The research report provides deep insights into global market revenue, parent market trends, macroeconomic indicators, governing factors, and market attractiveness per market segment. The report provides an overview of the growth rate of the Ethernet Storage Fabric market during the forecast period, i.e., 2020-2028. Most importantly, the report further identifies the qualitative impact of various market factors on market segments and geographies. The research segments
Enterprise Quantum Computing Market Size, Research With Latest Opportunities 202 …
Global Enterprise Quantum Computing Market Study The research report provides deep insights into global market revenue, parent market trends, macroeconomic indicators, governing factors, and market attractiveness per market segment. The report provides an overview of the growth rate of the Enterprise Quantum Computing market during the forecast period, i.e., 2020-2028. Most importantly, the report further identifies the qualitative impact of various market factors on market segments and geographies. The research segments
Cloud Integration Market Regional Developments, SWOT Analysis, Growth Status, Tr …
Global Cloud Integration Market Study The research report provides deep insights into global market revenue, parent market trends, macroeconomic indicators, governing factors, and market attractiveness per market segment. The report provides an overview of the growth rate of the Cloud Integration market during the forecast period, i.e., 2020-2028. Most importantly, the report further identifies the qualitative impact of various market factors on market segments and geographies. The research segments the market
Future Scope of Blockchain in Agriculture and Food Supply Chain Market Expects t …
Blockchain in Agriculture and Food Supply Chain Market study by "The Insight Partners" provides details about the market dynamics affecting the market, scope, segmentation and overlays shadow upon the leading players highlighting the favorable competitive landscape and trends prevailing over the years. The report segments the global Blockchain in Agriculture and Food Supply Chain Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to
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
HVAC COMPANIES IN NIGERIA
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