Global Electronic Refrigerant Leak Detector Market Growth 2023-2029

Global Electronic Refrigerant Leak Detector Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Electronic Refrigerant Leak Detector Industry Forecast” looks at past sales and reviews total world Electronic Refrigerant Leak Detector sales in 2022, providing a comprehensive analysis by region and market sector of projected Electronic Refrigerant Leak Detector sales for 2023 through 2029. With Electronic Refrigerant Leak Detector sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electronic Refrigerant Leak Detector industry.
This Insight Report provides a comprehensive analysis of the global Electronic Refrigerant Leak Detector landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electronic Refrigerant Leak Detector portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electronic Refrigerant Leak Detector market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Refrigerant Leak Detector and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Refrigerant Leak Detector.
The global Electronic Refrigerant Leak Detector market size is projected to grow from US$ 89 million in 2022 to US$ 108.8 million in 2029; it is expected to grow at a CAGR of 108.8 from 2023 to 2029.
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 include Inficon, Robinair, Testo, Bacharach and Elitech Technology, their account for about 70% of the revenue market. Regionally, United States is the biggest production value area of electronic refrigerant leak detectors, also the leader in the whole industry.
North America occupied 35% of the production market. 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.
This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Refrigerant Leak Detector market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Handheld Type
Desktop Type
Segmentation by application
Resident
Commercial Field
Industrial Field
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Inficon
Robinair
Testo
Bacharach
Elitech Technology
Ritchie Engineering
AGPtek
CPS
Fieldpiece Instruments
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electronic Refrigerant Leak Detector market?
What factors are driving Electronic Refrigerant Leak Detector market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electronic Refrigerant Leak Detector market opportunities vary by end market size?
How does Electronic Refrigerant Leak Detector break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.