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Micron Gauges Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Micron Gauges Market SizeThe global market for Micron Gauges was valued at US$ 28.6 million in the year 2024 and is projected to reach a revised size of US$ 37.7 million by 2031, growing at a CAGR of 4.1% during the forecast period.
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Refrigeration and air conditioning technology is undoubtedly one of the important topics of the 21st century. Effectiveness of use, energy efficiency, and optimal temperatures or an optimal climate (in the private as well as commercial sector) play an important role.
In addition to everyday applications in the private sector such as refrigerators, heat pumps or air conditioning systems, commercial applications such as supermarkets or air conditioning of buildings also require the right temperature or the right refrigeration and air conditioning solutions. Similar components are used in the refrigeration and air conditioning industry, and a refrigerant is required for all applications. Here it is particularly important to ensure that the refrigerants used are environmentally friendly and a corresponding Vacuum guarantee is carried out, so that there is a long service life of the equipment and there are no environmentally harmful influences. Micron gauges play a crucial role in achieving optimal vacuum conditions, ensuring system performance, and preventing moisture or contaminants from compromising efficiency.
The total global sales of Micron Gauge exceeded 140000 units and the sales valued was at US$ 28.64 million in 2024, witnessing a CAGR of 4.07% during the forecast period 2026-2031.
The global Micron Gauges market is mainly concentrated in Europe and America, which have experienced rapid development in the past few years due to policy influences. According to our data, the market share of Micron Gauge in North America was approximately 40% in 2024, followed by Europe and Asia Pacific. Among them, the United States HVAC industry transition to new refrigerants required by the American Innovation and Manufacturing Act of 2020, which gradually phases down the use of existing classes of refrigerants and establishes new requirements for the refrigerants used in air conditioners and heat pumps. The new class of refrigerants has a lower global warming potential than current ones.As part of this transition, the U.S. Environmental Protection Agency (EPA) has set transition dates for new equipment required to use new refrigerants, commonly referred to as A2Ls.Residential and light commercial air conditioners and heat pumps manufactured after Jan. 1, 2025, must use the new refrigerant. The equipment manufactured prior to this date has a one-year grace period to be installed - a Jan. 1, 2026, installation deadline; In addition, the revision of European F-Gas regulation 517/2014 means that some currently used refrigerants (such as R404A and R507) will no longer be available in the near future; The Micron Gauge industry is showing high growth in the Asia Pacific region due to its environmental requirements and refrigerant standards.
Currently, Micron Gauge manufacturers are mainly concentrated in Europe and America to meet the development needs of the local market and expand their global business, the major global manufacturers of Micron Gauges include Testo, Inficon, Elitech, YELLOW JACKET (Ritchie Engineering), Supco, JB Industries, DigiVac, Fieldpiece, Robinair, CPS Products, Uei(Kane), REFCO Manufacturing, AccuTools, JAVAC, Appion, NAVAC, Hilmor, TASCO, Mastercool Inc, Xi'an Yunyi Instrument, etc. In 2024, the world's top three vendors accounted for approximately 35.86 % of the revenue.
The total concentration of the global Micron Gauge market will keep low in the short run, while the market is going to be more concentrated for high end Micron Gauge. With a close eye on evolving refrigerant standards, companies are continuously developing new products and incorporating the latest technology into the reliable tools that techs have come to trust. Many tools are even certified for use with A2L refrigerants, like R1234yf and R32. These semi-flammable refrigerants are becoming increasingly popular due to the global phasedown of HFCs, making it even more important for technicians to have Micron Gauge tools that they can rely on.
By Type
• With Wireless Connection Type
• Without Wireless Connection Type
By Application
• HVAC and Refrigeration Systems
• Automotive
Key Companies
Testo, Inficon, Elitech, YELLOW JACKET (Ritchie Engineering), Supco, JB Industries, DigiVac, Fieldpiece, Robinair, CPS Products, Uei(Kane), REFCO Manufacturing, AccuTools, JAVAC, Appion, NAVAC, Hilmor, TASCO, Mastercool Inc, Xi'an Yunyi Instrument
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