Report : Asia-Pacific Handheld HVAC Monitoring Devices Market Forecast to 2028 – COVID-19 Impact and Analysis – by Device Type (Temperature and Humidity Meters, Gas Detector, HVAC Multimeter, Airflow Meter, and Pressure Gauge Meter) and Application (Residential, Industrial, and Commercial)
Industrial Segment to Dominate APAC Handheld HVAC Monitoring Devices Market during 2021–2028
According to a new market research study on “APAC 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$ 497.09 million by 2028 from US$ 312.80 million in 2021. The market is estimated to grow at a CAGR of 6.8% from 2021 to 2028. The report provides trends prevailing in the APAC handheld HVAC monitoring devices market along with the drivers and restraints pertaining to the market growth. Changing climatic conditions is the major factor driving the growth of the APAC handheld HVAC monitoring devices market. However, issues associated with the high cost of HVAC monitoring devices hinder the growth of APAC handheld HVAC monitoring devices market.
The APAC 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 APAC handheld HVAC monitoring devices market is classified into Australia, China, India, Japan, South Korea, and Rest of APAC.
3M; Aeroqual Ltd; Fluke Corporation; Honeywell International Inc.; Met One Instruments Inc.; PCE Deutschland GmbH; Testo SE & Co. KGaA; and TSI Incorporated are among the leading companies in the APAC 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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