North America Handheld HVAC Monitoring Devices Market
North America Handheld HVAC Monitoring Devices Market is growing at a CAGR of 9.6% to reach US$ 8,567.51 Million by 2028 from US$ 4,513.94 Million in 2021 by Device Type and Application.

Published On: Jun 2022

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North America Handheld HVAC Monitoring Devices Market

Pressure Gauge Meter Segment to Dominate North America Handheld HVAC Monitoring Devices Market during 2021–2028

 

According to a new market research study on “North America Handheld HVAC Monitoring Devices Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Device Type and Application” is expected to reach US$ 572.53 million by 2028 from US$ 411.15 million in 2021. The market is estimated to grow at a CAGR of 4.8% from 2021 to 2028. The report provides trends prevailing in the North America handheld HVAC monitoring devices market along with the drivers and restraints pertaining to the market growth. Rise in construction activities is the major factor driving the growth of the North America handheld HVAC monitoring devices market. However, issues associated with the high cost of HVAC monitoring devices hinder the growth of North America handheld HVAC monitoring devices market.  

 

The North America handheld HVAC monitoring devices market is segmented based on product type, application and country. Based on device type, the market is segmented into temperature and humidity meters, gas detector, airflow meter, HVAC multimeter, and pressure gauge meter. The pressure gauge meter segment dominated the market in 2020 and temperature and humidity meters segment is expected to be the fastest growing during the forecast period. Based on application, the market is segmented into commercial, residential, and industrial. The industrial segment dominated the market in 2020 and commercial segment is expected to be the fastest growing during the forecast period. Based on country, the North America handheld HVAC monitoring devices market is classified into the US, Canada, and Mexico.

 

3M; Aeroqual Ltd; Fluke Corporation; Honeywell International Inc.; Kanomax USA, Inc.; Met One Instruments Inc.; PCE Deutschland GmbH; Testo SE & Co. KGaA; and TSI Incorporated are among the leading companies in the North America handheld HVAC monitoring devices market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Honeywell announced a new, user-friendly Transmission Risk Air Monitor that alerts users when indoor air conditions may present an increased risk of potentially transmitting airborne viruses in schools, restaurants and other spaces.

 

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