North America Handheld HVAC Monitoring Devices Market Forecast to 2028 – COVID-19 Impact and Analysis – by Device Type (Temperature and Humidity Meters, Gas Detectors, HVAC Multimeters, Airflow Meters, and Pressure Gauge Meters) and Application (Residential, Industrial, and Commercial)
The handheld HVAC monitoring devices market in North America is expected to grow from US$ 411.15 million in 2021 to US$ 572.53 million by 2028; it is estimated to grow at a CAGR of 4.8% from 2021 to 2028.
The surge in the regional population has led to an increase in construction activities to fulfill household demands. Additionally, a rise in urbanization and industrialization activities in developing economies has led to an increase in commercial projects supported by governments and investments in the construction industry. The resultant developments in infrastructure are likely to create the demand for effective HVAC systems. Additionally, energy consumption has elevated with a surge in automation in residential, commercial, and industrial operations. The use of electrical HVAC systems creates pressure on electricity generation plants and affects the environment across the region. There has been an increase in environment-friendly approaches and inclination toward geothermal HVAC systems to overcome environmental problems. Moreover, increasing awareness about environmental conservation highlights the need for energy-efficient buildings, further driving the growth of the handheld HVAC monitoring device market.With the continuous growth of the population worldwide, the demand for essential products such as consumer goods, and food and beverages is also on rise; this further escalates the requirement for production and storage facilities for these products. HVAC provides favorable climatic conditions, and proper storage and transportation of perishable goods, such as food and beverages, and vaccines. Thus, a surge in construction and urbanization activities, associated with the rising demand for industrialization and energy-efficient buildings, drives the growth of the handheld HVAC monitoring device market.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America handheld HVAC monitoring devices market at a notable CAGR during the forecast period.
North America Handheld HVAC Monitoring Devices Market Revenue and Forecast to 2028 (US$ Million)
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North America Handheld HVAC Monitoring Devices Market Segmentation
The North America handheld HVAC monitoring devices market is segmented on the basis of product type, application, and country. Based on device type, the market is segmented into temperature and humidity meters, gas detectors, airflow meters, HVAC multimeters, and pressure gauge meters. The pressure gauge meters segment dominated the market in 2020, and the temperature and humidity meters segment is expected register the fastest CAGR during the forecast period. Based on application, the North America handheld HVAC monitoring devices market is segmented into commercial, residential, and industrial. The industrial segment dominated the market in 2020, and the commercial segment is expected register the highest CAGR during the forecast period. Based on country, the North America handheld HVAC monitoring devices market is classified as 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.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Handheld HVAC Monitoring Devices Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Handheld HVAC Monitoring Devices Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Construction Activities
5.1.2 Growth in Product Launches
5.2 Market Restraints
5.2.1 High cost of HVAC Monitoring Devices
5.3 Market Opportunities
5.3.1 Surging Changing Climatic Conditions
5.4 Future Trends
5.4.1 Escalating Technological Advancements in Handheld HVAC Monitoring Devices
5.5 Impact Analysis of Drivers and Restraints
6. Handheld HVAC Monitoring Devices Market – North America Analysis
6.1 North America Handheld HVAC Monitoring Devices Market Overview
6.2 North America Handheld HVAC Monitoring Devices Market Forecast and Analysis
7. North America Handheld HVAC Monitoring Devices Market Analysis – By Device Type
7.1 Overview
7.2 North America Handheld HVAC Monitoring Devices, By Device Type (2020 and 2028)
7.3 Temperature and Humidity Meters
7.3.1 Overview
7.3.2 Temperature and Humidity Meters: Handheld HVAC Monitoring Devices Market– Revenue and Forecast to 2028 (US$ Million)
7.4 Gas Detector
7.4.1 Overview
7.4.2 Gas Detector: Handheld HVAC Monitoring Devices Market– Revenue and Forecast to 2028 (US$ Million)
7.5 Airflow Meter
7.5.1 Overview
7.5.2 Airflow Meter: Handheld HVAC Monitoring Devices Market– Revenue and Forecast to 2028 (US$ Million)
7.6 HVAC Multimeter
7.6.1 Overview
7.6.2 HVAC Multimeter: Handheld HVAC Monitoring Devices Market– Revenue and Forecast to 2028 (US$ Million)
7.7 Pressure Gauge Meter
7.7.1 Overview
7.7.2 Pressure Gauge Meter: Handheld HVAC Monitoring Devices Market– Revenue and Forecast to 2028 (US$ Million)
8. North America Handheld HVAC Monitoring Devices Market Analysis – By Application
8.1 Overview
8.2 North America Handheld HVAC Monitoring Devices, by Application (2020 and 2028)
8.3 Residential
8.3.1 Overview
8.3.2 Residential: Handheld HVAC Monitoring Devices Market– Revenue and Forecast to 2028 (US$ Million)
8.4 Industrial
8.4.1 Overview
8.4.2 Industrial: Handheld HVAC Monitoring Devices Market– Revenue and Forecast to 2028 (US$ Million)
8.5 Commercial
8.5.1 Overview
8.5.2 Commercial: Handheld HVAC Monitoring Devices Market– Revenue and Forecast to 2028 (US$ Million)
9. North America Handheld HVAC Monitoring Devices Market – Country Analysis
9.1 Overview
9.1.1 North America: Handheld HVAC Monitoring Devices Market- by Country
9.1.1.1 US: Handheld HVAC Monitoring Devices Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 US: Handheld HVAC Monitoring Devices Market- By Device Type
9.1.1.1.2 US: Handheld HVAC Monitoring Devices Market- By Application
9.1.1.2 Canada: Handheld HVAC Monitoring Devices Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Canada: Handheld HVAC Monitoring Devices Market- By Device Type
9.1.1.2.2 Canada: Handheld HVAC Monitoring Devices Market- By Application
9.1.1.3 Mexico: Handheld HVAC Monitoring Devices Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Mexico: Handheld HVAC Monitoring Devices Market- By Device Type
9.1.1.3.2 Mexico: Handheld HVAC Monitoring Devices Market- By Application
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 New Product Development
11. Company Profiles
11.1 3M
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Fluke Corporation
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Honeywell International Inc.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 TSI Incorporated
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Aeroqual Ltd
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Met One Instruments Inc.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Kanomax USA, Inc.
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Testo SE & Co. KGaA
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 PCE Deutschland GmbH
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary
LIST OF TABLES
Table 1. North America Handheld HVAC Monitoring Devices Market, Revenue and Forecast, 2019–2028 (US$ Million)
Table 2. US: Handheld HVAC Monitoring Devices Market- By Device Type –Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Handheld HVAC Monitoring Devices Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 4. Canada: Handheld HVAC Monitoring Devices Market- By Device Type –Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: Handheld HVAC Monitoring Devices Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 6. Mexico: Handheld HVAC Monitoring Devices Market- By Device Type –Revenue and Forecast to 2028 (US$ Million)
Table 7. Mexico: Handheld HVAC Monitoring Devices Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 8. Glossary of Terms
LIST OF FIGURES
Figure 1. North America Handheld HVAC Monitoring Devices Market Segmentation
Figure 2. North America Handheld HVAC Monitoring Devices Market Segmentation – By Country
Figure 3. North America Handheld HVAC Monitoring Devices Market Overview
Figure 4. North America Handheld HVAC Monitoring Devices Market, By Application
Figure 5. North America Handheld HVAC Monitoring Devices Market, By Country
Figure 6. North America PEST Analysis
Figure 7. North America Handheld HVAC Monitoring Devices Market: Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. North America Handheld HVAC Monitoring Devices Market: Impact Analysis of Drivers and Restraints
Figure 10. North America Handheld HVAC Monitoring Devices Market, Forecast and Analysis (US$ Million)
Figure 11. North America Handheld HVAC Monitoring Devices Market Revenue Share, By Device Type (2020 and 2028)
Figure 12. North America Temperature and Humidity Meters: Handheld HVAC Monitoring Devices Market– Revenue and Forecast to 2028 (US$ Million)
Figure 13. North America Gas Detector: Handheld HVAC Monitoring Devices Market– Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Airflow Meter: Handheld HVAC Monitoring Devices Market– Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America HVAC Multimeter: Handheld HVAC Monitoring Devices Market– Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Pressure Gauge Meter: Handheld HVAC Monitoring Devices Market– Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Handheld HVAC Monitoring Devices Market Revenue Share, by Application (2020 and 2028)
Figure 18. North America Residential: Handheld HVAC Monitoring Devices Market– Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America Industrial: Handheld HVAC Monitoring Devices Market– Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America Commercial: Handheld HVAC Monitoring Devices Market– Revenue and Forecast to 2028 (US$ Million)
Figure 21. North America: Handheld HVAC Monitoring Devices Market, by Key Country – Revenue (2020) (US$ Million)
Figure 22. North America: Handheld HVAC Monitoring Devices Market Revenue Share, by Country (2020 and 2028)
Figure 23. US: Handheld HVAC Monitoring Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Canada: Handheld HVAC Monitoring Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Mexico: Handheld HVAC Monitoring Devices Market – Revenue and Forecast to 2028 (US$ Million)
- 3M
- Aeroqual Ltd
- Fluke Corporation
- Honeywell International Inc.
- Kanomax USA, Inc.
- Met One Instruments Inc.
- PCE Deutschland GmbH
- Testo SE & Co. KGaA
- TSI Incorporated
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America handheld HVAC monitoring device market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America handheld HVAC monitoring device market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving handheld HVAC monitoring device market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution