openPR Logo
Press release

Handheld HVAC Monitoring Devices Market is expected to reach US$ 1,534.99 million by 2028

02-18-2023 09:06 AM CET | Industry, Real Estate & Construction

Press release from: The Insight Partners

Handheld HVAC Monitoring Devices Market

Handheld HVAC Monitoring Devices Market

Increase in construction activities to Provide Growth Opportunities for Handheld HVAC Monitoring Devices Market During 2021-2028

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.

Get a sample PDF of the report at: https://www.theinsightpartners.com/sample/TIPRE00027852/?utm_source=OpenPR&utm_medium=10452

According to our latest market study on "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 List of Companies - Handheld HVAC Monitoring Device Market:
3M
Fluke Corporation
Honeywell International Inc.
TSI Incorporated
Aeroqual Ltd
Met One Instruments Inc.
Kanomax USA, Inc.
Testo SE & Co. KGaA

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.

Impact of COVID-19 Pandemic on Global Handheld HVAC Monitoring Devices Market

The entire HVAC industry, ranging from the manufacturing and servicing of HVAC systems, components, and associated technologies, was experiencing strong demand until 2019. However, with the COVID-19 pandemic, the industry stakeholder experienced turbulence in their respective businesses. The turbulence was mainly due to the supply chain disruption, which ultimately hampered the handheld HVAC monitoring device market.

The pandemic disturbed handheld HVAC monitoring devices businesses and vendors worldwide. Factory shutdowns, trade bans, and border lockdowns led to limited international trades or contract signing activities. This affected the handheld HVAC monitoring devices market as well. Initially, the market faced a significant blow; however, now the handheld HVAC monitoring devices market is reviving and is expected to grow remarkably in the near future.

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.

Buy Latest Version of Report Available Now at Discounted Pricing @ https://www.theinsightpartners.com/buy/TIPRE00027852/?utm_source=OpenPR&utm_medium=10452

Contact Us:
The Insight Partners
Email: sales@theinsightpartners.com
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:

Copy
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 is expected to reach US$ 1,534.99 million by 2028 here

News-ID: 2937096 • Views:

More Releases from The Insight Partners

A Complete Study Guide to Luxury Wines
The Luxury Wines Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth. Download PDF:- https://www.theinsightpartners.com/sample/TIPRE00020680?utm_source=Openpr&utm_medium=10503 Top Key Major Players:- Bacardi and Company Limited Bayadera Group Brown Forman Davide Campari-Milano N.V. Diageo Edrington LVMH Pernod Ricard SUNTORY HOLDINGS LIMITED. About Us: The Insight Partners
A Complete Study Guide to Antimicrobial Coating
The antimicrobial coating market size is projected to reach US$ 15.98 billion by 2031 from US$ 7.64 billion in 2024. The market is expected to register a CAGR of 11.1% during 2025-2031. The development of sustainable and eco-friendly antimicrobial coating is likely to bring new trends in the market during the forecast period. Download PDF:- https://www.theinsightpartners.com/sample/TIPRE00009037?utm_source=Openpr&utm_medium=10503 Top Key Major Players:- Cupron Inc ALISTAGEN Corp Fiberlock Technologies The Sherwin-Williams Co PPG Industries Inc Akzo Nobel NV CytaCoat AB Nano-Care Deutschland AG Specialty
A Complete Study Guide to Flexible Packaging
flexible packaging market is projected to reach US$ 237,975.67 million by 2028 from US$ 176,173.61 million in 2021; it is expected to grow at a CAGR of 4.4% from 2021 to 2028. Flexible packaging includes liners, pouches, seals, sample packets, and bags. It can be composed of film, plastic, paper, foil, etc. It is used for various food and beverage items, consumer products, music CDs, pharmaceuticals, computer software packages, and
A Complete Study Guide to Anti-Money Laundering
The Anti-Money Laundering Market size is projected to reach US$ 13.54 billion by 2031 from US$ 4.21 billion in 2024. The market is expected to register a CAGR of 18.3% during 2025-2031. The increasing regulatory pressure, rising financial crimes, and the global expansion of digital banking and fintech services are key factors driving anti-money laundering market growth. Governments and regulatory bodies are enforcing stricter compliance measures to combat money laundering,

All 5 Releases


More Releases for HVAC

Fusion HVAC & Appliance Repair Expands Emergency HVAC Services for NYC Homeowner …
24/7 Rapid Response Team Ensures Fast, Reliable Heating and Cooling Repairs Across New York City Manhattan, NY - Fusion HVAC & Appliance Repair [https://fusionhvacappliance.repair/], a leading provider of residential and commercial HVAC services, has announced the expansion of its emergency repair services to better serve homeowners and businesses in New York City. With round-the-clock availability, expert technicians, and a commitment to customer satisfaction, the company ensures that HVAC and essential
HVAC Repair Near Me: A Comprehensive Guide to Quality HVAC Services
Having a reliable HVAC system is essential for maintaining comfort in your home, especially during extreme weather. From routine maintenance to emergency repairs, knowing where to find HVAC repair near me ensures your system operates efficiently year-round. In this guide, we'll explore various HVAC services near me [http://fosterpandh.com/], their importance, and how Foster Plumbing & Heating can address your needs. Why HVAC Systems Are CrucialThe Role of HVAC in Your Home HVAC
The HVAC Pump Market: Unlocking Efficiency of The Heart of HVAC Systems
When it comes to maintaining comfortable temperatures in our homes, offices, and industrial spaces, we often take it for granted that our heating, ventilation, and air conditioning (HVAC) systems work seamlessly in the background. But behind the scenes, there's a critical component that plays a pivotal role in ensuring our spaces are cool in the summer, warm in the winter, and well-ventilated year-round - the HVAC pump. The Workhorse of HVAC
"Driving the HVAC Industry: Exploring the Growing Market of HVAC Actuators"
HVAC actuators are crucial components of heating, ventilation, and air conditioning (HVAC) systems. They control the movement and position of various HVAC components, such as dampers, valves, and diffusers, to maintain the desired temperature and air quality in a building. The global hvac actuators market size was valued at $3.9 billion in 2021, and is projected to reach $6.2 billion by 2031, growing at a CAGR of 4.6% from
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
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