Electronic Refrigerant Leak Detector Market: Competitive Dynamics & Global Outlook 2023

New report published by Market Research Report Store (MRRS) which offers insights on the global Electronic Refrigerant Leak Detector market.
 
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.
 
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Global Electronic Refrigerant Leak Detector Market: Forecast by Type / Application / Region
 
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.
 
Over the next five years, LPI(LP Information) projects that Electronic Refrigerant Leak Detector will register a 3.3% CAGR in terms of revenue, reach US$ 94 million by 2023, from US$ 80 million in 2017.
 
Global Electronic Refrigerant Leak Detector Market: Key Players
Inficon
Robinair
Testo
Bacharach
Elitech Technology
Ritchie Engineering
AGPtek
CPS
Fieldpiece Instruments
 
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Related Information:

United States Electronic Refrigerant Leak Detector Market Research Report 2018
Europe Electronic Refrigerant Leak Detector Market Research Report 2018
North America Electronic Refrigerant Leak Detector Market Research Report 2018
Asia-Pacific Electronic Refrigerant Leak Detector Market Research Report 2018
China Electronic Refrigerant Leak Detector Market Research Report 2018
EMEA Electronic Refrigerant Leak Detector Market Research Report 2018
Global Electronic Refrigerant Leak Detector Market Research Report 2018
 

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