In this report, the Global Electronic Refrigerant Leak Detector market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. Global Electronic Refrigerant Leak Detector market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.
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Electronic 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.
For industry structure analysis, the electronic refrigerant leak detectors industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 70% of the revenue market in 2016. Regionally, United States is the biggest production value area of electronic refrigerant leak detectors, also the leader in the whole industry.
The production of electronic refrigerant leak detectors increased from 1171.4 K Units in 2011 to 1363.1 K Units in 2015 with an average growth rate of more than 4.8%.
North America occupied 35% of the production market in 2016. It is followed by Europe and China, which respectively account for around 28% and 23% of the global total industry. Other countries have a small amount of production. Geographically, North America is also the largest consumption market in the world, which took about 29% of the global consumption volume in 2016.
Market Analysis and Insights: Global Electronic Refrigerant Leak Detector Market
In 2019, the global Electronic Refrigerant Leak Detector market size was US$ 86 million and it is expected to reach US$ 109.1 million by the end of 2026, with a CAGR of 3.4% during 2021-2026.
Global Electronic Refrigerant Leak Detector Scope and Market Size
Electronic Refrigerant Leak Detector market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Electronic Refrigerant Leak Detector market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Electronic Refrigerant Leak Detector market is segmented into
Handheld Type
Desktop Type
Segment by Application, the Electronic Refrigerant Leak Detector market is segmented into
Resident
Commercial Field
Industrial Field
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Competitive Landscape and Electronic Refrigerant Leak Detector Market Share Analysis
Electronic Refrigerant Leak Detector market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Electronic Refrigerant Leak Detector product introduction, recent developments, Electronic Refrigerant Leak Detector sales by region, type, application and by sales channel.
The major companies include:
Inficon
Robinair
Testo
Bacharach
Elitech Technology
Ritchie Engineering
AGPtek
CPS
Fieldpiece Instruments
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Reasons to Buy This Research Report
- Complete access to Global Electronic Refrigerant Leak Detector market size, growth rate and forecast to 2026
- In-depth quantitative information on key regional Global Electronic Refrigerant Leak Detector markets including North America, Europe, MEA and Asia Pacific
- Global Electronic Refrigerant Leak Detector Market estimates and forecasts for key products/applications on a regional basis
- Facility to obtain country level information for complete Global Electronic Refrigerant Leak Detector market segmentation
- Key trends, drivers and restraints for global Global Electronic Refrigerant Leak Detector market
- Challenges to market growth for Global Electronic Refrigerant Leak Detector manufacturers
- Key market opportunities of Global Electronic Refrigerant Leak Detector Industry
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