Global Electronic Refrigerant Leak Detector Sales Market Report 2021

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
The global Electronic Refrigerant Leak Detector market was valued at US$ 92 in 2020 and will reach US$ 112.8 million by the end of 2027, growing at a CAGR of 3.4% during 2022-2027.

Global Electronic Refrigerant Leak Detector Scope and Market Size
The global Electronic Refrigerant Leak Detector market is segmented by company, region (country), by Type, and by Application. 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 (country), by Type and by Application for the period 2016-2027.

Segment by Type
Handheld Type
Desktop Type

Segment by Application
Resident
Commercial
Industrial

The Electronic Refrigerant Leak Detector market is analysed and market size information is provided by regions (countries). Segment by Application, the Electronic Refrigerant Leak Detector market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
Inficon
Robinair
Testo
Bacharach
Elitech Technology
Ritchie Engineering
AGPtek
CPS
Fieldpiece Instruments

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