Market Overview:
Refrigerant leak detectors are devices used to detect the presence of refrigerant gas in an environment. These detectors are available in handheld and desktop types. The market for refrigerant leak detectors is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for refrigerants in commercial and industrial applications, and the growing awareness about safety measures against gas leaks. The global market for refrigerant leak detectors is segmented by type, application, and region. By type, the market is divided into handheld type and desktop type. By application, it is classified into commercial, industrial, and residential applications. Geographically, it is analyzed across North America (U.S., Canada), Latin America (Mexico), Europe (Germany France Italy Spain U K), Asia Pacific (China Japan India South Korea Australia New Zealand) Middle East & Africa(GCC Countries Turkey Nigeria South Africa).
Product Definition:
Refrigerant leak detectors are devices used to detect the presence of refrigerant leaks in a system. They work by emitting an electronic signal that is sensitive to the presence of refrigerant, and will sound an alarm or trigger a warning light when it detects a leak. Refrigerant leak detectors are important because they help identify and prevent leaks in systems, which can cause damage and environmental harm.
Handheld Type:
Handheld temperature guns are used to measure the refrigerant in refrigeration systems. They work on the principle of infrared radiation, which is emitted by the warm objects and absorbed by cold objects. The ratio of these two temperatures gives information about the condition of a system.
Desktop Type:
The desktop type is a device that is used to detect the refrigerant leak. It works on the principle of thermal expansion and contraction, which causes a change in pressure inside the system. The amount of change in pressure gives an idea about volume flow or quantity of gas being released from the system.
Application Insights:
Residential is expected to be the fastest-growing application segment over the forecast period owing to increasing use of refrigerants in air conditioning systems. In addition, growth in demand for HVAC systems due to rising temperatures and humidity levels is anticipated to drive the market growth over the forecast period.
Commercial applications include warehouses, food & beverage processing plants, chemical plants and marine industries among others. These facilities require large amount of refrigerant for effective cooling processes which results in high demand for leak detectors with enhanced features such as battery saver mode that helps extend battery life by limiting unnecessary device operations. This feature is highly valued by commercial users as they are required on-site 24X7 throughout maintenance windows hours.
The industrial sector comprises oil & gas refineries along with manufacturing facilities including pharmaceuticals, food processing.
Regional Analysis:
North America was the largest regional market in 2017 owing to the presence of a large number of manufacturers and consumers. The region is expected to maintain its dominance over the forecast period as well owing to technological advancements such as wireless connectivity, digital display, and portability. Europe is also estimated to be a promising market for RLDs on account of increasing demand from residential as well as commercial sectors.
Asia Pacific (APAC) is anticipated to be one of the fastest-growing regions during the forecast years due rising population, disposable income levels, and government initiatives favoring industrialization & modernization across various economies including China & India. Furthermore, APAC has been witnessing rapid growth in industries including food processing/service centers; hotels/restaurants; healthcare facilities; educational institutes; retail stores etc., which will drive product demand over next seven years or so till 2030 time frame.
Growth Factors:
- Increasing demand for energy-efficient appliances
- Stringent government regulations and standards for refrigerant leak detection
- Growing awareness about the benefits of using refrigerant leak detectors
- Technological advancements in refrigerant leak detectors
- Rising demand from end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Refrigerant Leak Detectors Market Research Report
By Type
Handheld Type, Desktop Type
By Application
Commercial, Industrial, Resident
By Companies
Inficon, Robinair, Testo, Bacharach, Ritchie Engineering, AGPtek, CPS, Elitech, Fieldpiece Instruments
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Refrigerant Leak Detectors Market Report Segments:
The global Refrigerant Leak Detectors market is segmented on the basis of:
Types
Handheld Type, Desktop Type
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
Highlights of The Refrigerant Leak Detectors 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:
- Handheld Type
- Desktop Type
- 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 Refrigerant Leak Detectors 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
- Identifying Appropriate Advertising Appeals
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?
Refrigerant leak detectors are devices that can be installed in refrigeration systems to help identify when a refrigerant is leaking. Leak detection can help prevent costly repairs and ensure the system is operating at its best.
Some of the major players in the refrigerant leak detectors market are Inficon, Robinair, Testo, Bacharach, Ritchie Engineering, AGPtek, CPS, Elitech, Fieldpiece Instruments.
The refrigerant leak detectors market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Refrigerant Leak Detectors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Refrigerant Leak Detectors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Refrigerant Leak Detectors Market - Supply Chain
4.5. Global Refrigerant Leak Detectors Market Forecast
4.5.1. Refrigerant Leak Detectors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Refrigerant Leak Detectors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Refrigerant Leak Detectors Market Absolute $ Opportunity
5. Global Refrigerant Leak Detectors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Refrigerant Leak Detectors Market Size and Volume Forecast by Type
5.3.1. Handheld Type
5.3.2. Desktop Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Refrigerant Leak Detectors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Refrigerant Leak Detectors Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Industrial
6.3.3. Resident
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Refrigerant Leak Detectors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Refrigerant Leak Detectors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Refrigerant Leak Detectors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Refrigerant Leak Detectors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Refrigerant Leak Detectors Demand Share Forecast, 2019-2026
9. North America Refrigerant Leak Detectors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Refrigerant Leak Detectors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Refrigerant Leak Detectors Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Industrial
9.4.3. Resident
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Refrigerant Leak Detectors Market Size and Volume Forecast by Type
9.7.1. Handheld Type
9.7.2. Desktop Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Refrigerant Leak Detectors Demand Share Forecast, 2019-2026
10. Latin America Refrigerant Leak Detectors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Refrigerant Leak Detectors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Refrigerant Leak Detectors Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Industrial
10.4.3. Resident
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Refrigerant Leak Detectors Market Size and Volume Forecast by Type
10.7.1. Handheld Type
10.7.2. Desktop Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Refrigerant Leak Detectors Demand Share Forecast, 2019-2026
11. Europe Refrigerant Leak Detectors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Refrigerant Leak Detectors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Refrigerant Leak Detectors Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Industrial
11.4.3. Resident
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Refrigerant Leak Detectors Market Size and Volume Forecast by Type
11.7.1. Handheld Type
11.7.2. Desktop Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Refrigerant Leak Detectors Demand Share, 2019-2026
12. Asia Pacific Refrigerant Leak Detectors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Refrigerant Leak Detectors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Refrigerant Leak Detectors Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Industrial
12.4.3. Resident
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Refrigerant Leak Detectors Market Size and Volume Forecast by Type
12.7.1. Handheld Type
12.7.2. Desktop Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Refrigerant Leak Detectors Demand Share, 2019-2026
13. Middle East & Africa Refrigerant Leak Detectors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Refrigerant Leak Detectors Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Refrigerant Leak Detectors Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Industrial
13.4.3. Resident
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Refrigerant Leak Detectors Market Size and Volume Forecast by Type
13.7.1. Handheld Type
13.7.2. Desktop Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Refrigerant Leak Detectors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Refrigerant Leak Detectors Market: Market Share Analysis
14.2. Refrigerant Leak Detectors Distributors and Customers
14.3. Refrigerant Leak Detectors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Inficon
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Robinair
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Testo
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bacharach
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ritchie Engineering
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AGPtek
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CPS
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Elitech
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Fieldpiece Instruments
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
