Market Overview:
The global handheld electronic refrigerant leak detector market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for handheld electronic refrigerant leak detectors from commercial and industrial sectors, and rising awareness about safety and environment-friendly measures among consumers. Based on type, the global handheld electronic refrigerant leak detector market is segmented into infrared detectors and semiconductor detectors. The infrared detectors segment is expected to account for a larger share of the global handheld electronic refrigerant leak detector market in 2018, owing to its high accuracy levels and low false alarm rates as compared to semiconductor detectors. Based on application, the global handheld electronic refrigerant leak detector market is segmented into commercial applications, industrial applications, and residential applications. Commercial applications are further sub-segmented into supermarkets & hypermarkets, convenience stores & small grocery stores; industrial applications are sub-segmented into chemical processing plants & refineries; while residential applications are sub-segmented into households & apartments/condominiums/townhouses/single family homes).
Product Definition:
A handheld electronic refrigerant leak detector is a device that is used to detect the presence of leaks in refrigerant systems. These detectors work by emitting an acoustic signal or light beam when they come into contact with a gas, and the intensity of the signal will increase as the leak gets larger. Handheld electronic refrigerant leak detectors are important because they can help technicians locate and fix leaks in refrigeration systems, which can save money on energy costs and prevent environmental damage.
Infrared:
Infrared is a part of the electromagnetic spectrum with wavelengths between visible light and ultraviolet. At shorter wavelengths, infrared radiation is more absorbed by body tissues; at longer wavelengths, it can pass through body tissues without being absorbed. An important application of infrared radiation is in thermal imaging; this allows the detection of objects that would otherwise be invisible to the human eye. Another application includes remote sensing, which uses reflected sunlight from satellites to measure temperature differences across various regions on earth's surface.
Semiconductor:
Semiconductor is an electronic component that acts as a switch and can be either positively or negatively charged. The most commonly used semiconductors are silicon, germanium, gallium, aluminum and zinc selenide. Semiconductors are widely used in handheld electronic refrigerant leak detectors market on account of their properties such as small size & weight (volume), low cost & easy availability (weight) and ability to withstand high temperatures (aluminum).
Application Insights:
The commercial application segment accounted for the largest share of over 60.0% in 2017. The growth can be attributed to the increasing use of handheld electronic refrigerant leak detectors by food and beverage processing plants, warehouses, cold storage facilities, restaurants and hotels among others to ensure proper cooling system functioning. These devices are used on a daily basis without any prior notice so they should be able to withstand continuous usage without getting damaged or worn out over time.
Residential application is expected to witness significant growth owing to rising awareness about energy efficient products coupled with government initiatives encouraging consumers towards using such products in their homes as an alternative source of heating during winters months when conventional fuels are scarce or expensive thus making them more affordable options for end-users.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing awareness among people about the hazards of refrigerant and their harmful effects on human health and environment, growing concerns over energy conservation, and government initiatives for reducing workplace fatalities caused due to gas leakages.
Asia Pacific is anticipated to witness a lucrative CAGR during the forecast period owing to rising industrial activities in countries such as China, India, Japan, South Korea & Taiwan coupled with expanding commercial sector especially in developing economies including China & India owing to low manufacturing cost coupled with availability of skilled workforce at affordable prices.
Growth Factors:
- Increasing demand for air-conditioning systems in residential and commercial sectors
- Growing awareness about the benefits of using handheld electronic refrigerant leak detectors
- Rising number of refrigerant leaks across industries
- Technological advancements in handheld electronic refrigerant leak detectors
- Growing demand for energy-efficient cooling systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Handheld Electronic Refrigerant Leak Detector Market Research Report
By Type
Infrared, Semiconductor
By Application
Commercial, Industrial, Resident
By Companies
Inficon, Robinair, Testo, Bacharach, Ritchie Engineering, AGPtek, CPS, Elitech, Fieldpiece Instruments, Inficon
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Handheld Electronic Refrigerant Leak Detector Market Report Segments:
The global Handheld Electronic Refrigerant Leak Detector market is segmented on the basis of:
Types
Infrared, Semiconductor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Industrial, Resident
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Inficon
- Robinair
- Testo
- Bacharach
- Ritchie Engineering
- AGPtek
- CPS
- Elitech
- Fieldpiece Instruments
- Inficon
Highlights of The Handheld Electronic Refrigerant Leak Detector Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Infrared
- Semiconductor
- By Application:
- Commercial
- Industrial
- Resident
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Handheld Electronic Refrigerant Leak Detector Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A handheld electronic refrigerant leak detector is a small, portable device that can be used to detect the presence of refrigerant gas in an area. The detector typically contains a sensor that detects the presence of specific gases, including hydrogen chloride and ammonia. When these gases are detected, the device will emit a warning signal indicating that there may be a potential refrigerant leak nearby.
Some of the major companies in the handheld electronic refrigerant leak detector market are Inficon, Robinair, Testo, Bacharach, Ritchie Engineering, AGPtek, CPS, Elitech, Fieldpiece Instruments, Inficon.
The handheld electronic refrigerant leak detector market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Handheld Electronic Refrigerant Leak Detector Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Handheld Electronic Refrigerant Leak Detector Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Handheld Electronic Refrigerant Leak Detector Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Handheld Electronic Refrigerant Leak Detector Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Handheld Electronic Refrigerant Leak Detector Market Size & Forecast, 2020-2028
4.5.1 Handheld Electronic Refrigerant Leak Detector Market Size and Y-o-Y Growth
4.5.2 Handheld Electronic Refrigerant Leak Detector Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Infrared
5.2.2 Semiconductor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Industrial
6.2.3 Resident
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Handheld Electronic Refrigerant Leak Detector Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Handheld Electronic Refrigerant Leak Detector Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Infrared
9.6.2 Semiconductor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Industrial
9.10.3 Resident
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Infrared
10.6.2 Semiconductor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Industrial
10.10.3 Resident
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Infrared
11.6.2 Semiconductor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Industrial
11.10.3 Resident
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Infrared
12.6.2 Semiconductor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Industrial
12.10.3 Resident
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Infrared
13.6.2 Semiconductor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Industrial
13.10.3 Resident
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Handheld Electronic Refrigerant Leak Detector Market: Competitive Dashboard
14.2 Global Handheld Electronic Refrigerant Leak Detector Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Inficon
14.3.2 Robinair
14.3.3 Testo
14.3.4 Bacharach
14.3.5 Ritchie Engineering
14.3.6 AGPtek
14.3.7 CPS
14.3.8 Elitech
14.3.9 Fieldpiece Instruments
14.3.10 Inficon
