Report : South America 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)
Residential Segment to Dominate SAM Handheld HVAC Monitoring Devices Market during 2021–2028
According to a new market research study on “SAM 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$ 44.71 million by 2028 from US$ 36.46 million in 2021. The market is estimated to grow at a CAGR of 3.0% from 2021 to 2028. The report provides trends prevailing in the SAM handheld HVAC monitoring devices market along with the drivers and restraints pertaining to the market growth. Increase in construction activities is the major factor driving the growth of the SAM handheld HVAC monitoring devices market. However, issues associated with the high cost of HVAC monitoring devices hinder the growth of SAM handheld HVAC monitoring devices market.
The SAM 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 commercial segment dominated the market in 2020 and industrial segment is expected to be the fastest growing during the forecast period. Based on country, the SAM handheld HVAC monitoring devices market is classified into Brazil and Rest of MEA.
3M; Aeroqual Ltd; Fluke Corporation; Honeywell International Inc.; Met One Instruments Inc.; and Testo SE & Co. KGaA are among the leading companies in the SAM 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 2022, 3M was recognized by Ethisphere Institute for ethics and integrity in business conduct and compliance for the ninth straight year. 3M is one of only seven industrial companies worldwide to be honored this year.
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