HVAC Test Instruments Market Analysis APAC, North America, Europe, Middle East and Africa, South America - US, China, Japan, South Korea, Germany - Size and Forecast 2024-2028

Published: Oct 2023 Pages: 168 SKU: IRTNTR44621

Heating, Ventilation, and Air Conditioning (HVAC) Test Instruments Market 2024-2028

The heating, ventilation, and air conditioning (HVAC) test instruments market size is estimated to grow at a CAGR of 6.39% between 2023 and 2028. The market size is forecast to increase by USD 192.64 million. The growth of the market depends on several factors such as the growing demand for HVAC systems, the growing concerns toward improving IAQ in residential and commercial buildings, and the regulations to limit energy consumption by HVAC systems. Our report examines historical data from the2018-2022, besides analyzing the current market scenario.

This report extensively covers market segmentation by application (airflow and quality, temperature and humidity, electrical, and others), product type (dye injector kit, refrigerant measuring and monitoring, and gauges), and geography (APAC, North America, Europe, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. 

What will be the size of the HVAC Test Instruments Market During the Forecast Period?

HVAC Test Instruments Market Forecast 2024-2028

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HVAC Test Instruments Market Dynamic

Our researchers studied the data for years, with 2023 as the base year and 2024 as the estimated year, and presented the key drivers, trends, and challenges for the market. Although there has been a disruption in the growth of the market during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges will help companies refine marketing strategies to gain a competitive advantage.    

Driver- Growing demand for HVAC systems

Due to the increase in disposable income and living standards of people across many developing economies, the demand for HVAC systems is growing continuously across the globe. Currently, the annual demand for HVAC systems across the world is more than 110 million units, with China leading the global HVAC test instruments market with a share. Hence, APAC is the largest adopter of HVAC systems across the world. 

Furthermore, the growing demand for efficient HVAC systems will also be a positive driver for the HVAC test instruments market, as periodic maintenance activities are essential for maintaining the efficiency of HVAC systems. All such developments are expected to boost the growth of the global HVAC test instruments market during the forecast period.

Trends- Growing popularity of wireless HVAC test instruments

The demand for efficient HVAC test instruments is growing among consumers. The market witnessed growth for wireless HVAC test instruments due to their fast and intuitive operation. In addition, these instruments enable data transmission via Bluetooth. Thus enabling users to read measurements from one or multiple probes through a smartphone application. 

In addition, prominent HVAC test instruments market players such as Testo and TSI are offering wireless HVAC test instruments. As wireless HVAC test instruments provide fast measurement, HVAC service professionals can service a larger number of customers, which leads to an increase in the turnover of HVAC service providers. Hence, such developments are expected to propel the growth of the global HVAC test instruments market during the forecast period.

Challenge- Lack of skilled HVAC professionals

The demand for HVAC services is growing due to the upgrade in the adoption of HVAC systems. However, HVAC service providers and HVAC manufacturers are facing a shortage of skilled technicians, which affects their financial health. This is the challenge for the growth of the HVAC test instruments market as HVAC service providers and HVAC manufacturers will tend to spend less on HVAC test instruments.

Furthermore, as the global HVAC industry is already facing a shortage of HVAC service professionals, the gap is expected to broaden in the coming years as the demand for HVAC repair and maintenance services is rising continuously. The lack of HVAC service professionals is showing to raise labor costs, which is boosting the HVAC repair and maintenance service costs for customers. Hence, these factors are expected to impede the market growth during the forecast period.

HVAC Test Instruments Market Segmentation by Application, Product Type, and Geography

Application Segment Analysis: 

The airflow and quality segment will account for a major share of the market's growth during the forecast period.?This segment contains instruments such as anemometers, leak detectors, bolometers, filter testers, and carbon monoxide meters. It is the largest contributor to the heating, ventilation, and air conditioning (HVAC) test instruments market as the airflow and quality test instruments are prerequisites for HVAC testing purposes. The demand for test instruments that assist in the measurement of airflow and quality is growing among HVAC maintenance service providers. 

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The airflow and quality segment was valued at USD 169.94 million in 2018. Prominent market players such as Fortive and TSI are offering a range of test instruments for maintaining IAQ. Consequently, the airflow and quality segment will continue to be a dominant revenue contributor to the global HVAC test instruments market during the forecast period, as test instruments used for measuring airflow and air quality are crucial for the efficient operation of HVAC systems.

Product Type Segment Analysis

Based on product type, the market has been segmented into dye injector kit, refrigerant measuring and monitoring, and gauges. The dye injector kit segment will account for the largest share of this segment.? The dye injector kit is used for fluorescent leak detection and is compatible for use with small and medium size air conditioning refrigeration systems. The growing adoption of ductless mini-split systems and their rising popularity because of their convenience of zoned comfort, energy efficiency, ease of installation, flexible sizing/configuration options, built-in air quality filters, and ability to provide both heating and cooling, dye injector kit is expected to grow to finds and seals every leak in mini-splits and small appliances alike. Hence, such factors are anticipated to propel the growth of dye injector kits in the heating, ventilation, and air conditioning test instruments market during the forecast period. 

Regional Analysis

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APAC is estimated to contribute 48% to the growth by 2028. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. China, Japan, India, and Indonesia are among the largest adopters of HVAC systems across the globe. Thus, APAC dominates the heating, ventilation, and air conditioning test instruments market. China is the leading country for HVAC test instrument demand as it is dominating the global demand for HVAC systems.

Furthermore, heating, ventilation, and air conditioning (HVAC) test instruments market players are focusing on providing energy-efficient air-conditioning and ventilation systems in a compact package to further increase their market share in the region. This is a crucial factor for the growing demand for HVAC test instruments as they are crucial tools for the manufacturing, installation, and maintenance of HVAC systems. Hence, these factors are anticipated to drive the growth of the HVAC test instruments market in APAC during the forecast period.

COVID Recovery Analysis:

The outbreak of COVID-19 in 2020 had a negative impact on the heating, ventilation, and air conditioning test instruments market in the APAC region. However, in 2021, the initiation of large-scale vaccination drives?lifted the lockdown and travel restrictions, which led to the resumption of supply chain activities. Market players in APAC have also been focusing on providing energy-efficient air-conditioning and ventilation systems in a compact package to increase their market share further in fast-growing countries. Therefore, these factors are expected to increase the demand for HVAC systems, which may increase the use of HVAC test instruments, thereby driving the growth of the regional market during the forecast period.

Who are the Major HVAC Test Instruments Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • Dwyer Instruments LLC: The company offers HVAC test Instruments such as Multimeters, Manometer, Tachometers and many more.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:

Daikin Industries Ltd., Emerson Electric Co., Fieldpiece Instruments Inc., Fluke Corp., Kane International Ltd., Kanomax USA Inc., Klein Tools Inc., Legend Corp. Ltd., Mastercool Inc., PCE Holding GmbH, Ritchie Engineering Inc., Robert Bosch GmbH, Sauermann Group, TASI Group, TENMARS Electronics Co. Ltd., Testo SE and Co. KGaA, VTech Process Equipment LLC, and W.W. Grainger Inc.

Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The HVAC test instruments market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Application Outlook (USD Million, 2018 - 2028)
    • Airflow and quality
    • Temperature and humidity
    • Electrical
    • Others
  • Product Type Outlook (USD Million, 2018 - 2028)
    • Dye injector kit
    • Refrigerant measuring and monitoring
    • Gauges
  • Region Outlook (USD Million,2018 - 2028)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile 
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

HVAC Test Instruments Market Scope

Report Coverage

Details

Page number

168

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.39%

Market Growth 2024-2028

USD 192.64 million

Market structure

Fragmented

YoY growth 2023-2024(%)

5.97

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 48%

Key countries

US, China, Japan, South Korea, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Daikin Industries Ltd., Dwyer Instruments LLC, Emerson Electric Co., Fieldpiece Instruments Inc., Fluke Corp., Kane International Ltd., Kanomax USA Inc., Klein Tools Inc., Legend Corp. Ltd., Mastercool Inc., PCE Holding GmbH, Ritchie Engineering Inc., Robert Bosch GmbH, Sauermann Group, TASI Group, TENMARS Electronics Co. Ltd., Testo SE and Co. KGaA, VTech Process Equipment LLC, and W.W. Grainger Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this HVAC Test Instruments Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the HVAC test instruments market between 2024 and 2028
  • Precise estimation of the HVAC test instruments market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across APAC, North America, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of HVAC test instruments market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global HVAC test instruments market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global hvac test instruments market 2018 - 2022 ($ million)
    • 4.2 Application Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ million)
    • 4.3 Product Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Product Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Airflow and quality - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Airflow and quality - Market size and forecast 2023-2028 ($ million)
      • Exhibit 35: Data Table on Airflow and quality - Market size and forecast 2023-2028 ($ million)
      • Exhibit 36: Chart on Airflow and quality - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Airflow and quality - Year-over-year growth 2023-2028 (%)
    • 6.4 Temperature and humidity - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Temperature and humidity - Market size and forecast 2023-2028 ($ million)
      • Exhibit 39: Data Table on Temperature and humidity - Market size and forecast 2023-2028 ($ million)
      • Exhibit 40: Chart on Temperature and humidity - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Temperature and humidity - Year-over-year growth 2023-2028 (%)
    • 6.5 Electrical - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Electrical - Market size and forecast 2023-2028 ($ million)
      • Exhibit 43: Data Table on Electrical - Market size and forecast 2023-2028 ($ million)
      • Exhibit 44: Chart on Electrical - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Electrical - Year-over-year growth 2023-2028 (%)
    • 6.6 Others - Market size and forecast 2023-2028
      • Exhibit 46: Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 47: Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 48: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 49: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.7 Market opportunity by Application
      • Exhibit 50: Market opportunity by Application ($ million)
      • Exhibit 51: Data Table on Market opportunity by Application ($ million)

    7 Market Segmentation by Product Type

    • 7.1 Market segments
      • Exhibit 52: Chart on Product Type - Market share 2023-2028 (%)
      • Exhibit 53: Data Table on Product Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Product Type
      • Exhibit 54: Chart on Comparison by Product Type
      • Exhibit 55: Data Table on Comparison by Product Type
    • 7.3 Dye injector kit - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Dye injector kit - Market size and forecast 2023-2028 ($ million)
      • Exhibit 57: Data Table on Dye injector kit - Market size and forecast 2023-2028 ($ million)
      • Exhibit 58: Chart on Dye injector kit - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Dye injector kit - Year-over-year growth 2023-2028 (%)
    • 7.4 Refrigerant measuring and monitoring - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Refrigerant measuring and monitoring - Market size and forecast 2023-2028 ($ million)
      • Exhibit 61: Data Table on Refrigerant measuring and monitoring - Market size and forecast 2023-2028 ($ million)
      • Exhibit 62: Chart on Refrigerant measuring and monitoring - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Refrigerant measuring and monitoring - Year-over-year growth 2023-2028 (%)
    • 7.5 Gauges - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Gauges - Market size and forecast 2023-2028 ($ million)
      • Exhibit 65: Data Table on Gauges - Market size and forecast 2023-2028 ($ million)
      • Exhibit 66: Chart on Gauges - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Gauges - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by Product Type
      • Exhibit 68: Market opportunity by Product Type ($ million)
      • Exhibit 69: Data Table on Market opportunity by Product Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 72: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 China - Market size and forecast 2023-2028
      • Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.9 US - Market size and forecast 2023-2028
      • Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.10 Japan - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.11 Germany - Market size and forecast 2023-2028
      • Exhibit 107: Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 108: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.12 South Korea - Market size and forecast 2023-2028
      • Exhibit 111: Chart on South Korea - Market size and forecast 2023-2028 ($ million)
      • Exhibit 112: Data Table on South Korea - Market size and forecast 2023-2028 ($ million)
      • Exhibit 113: Chart on South Korea - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on South Korea - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ million)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 Dwyer Instruments LLC
              • Exhibit 123: Dwyer Instruments LLC - Overview
              • Exhibit 124: Dwyer Instruments LLC - Product / Service
              • Exhibit 125: Dwyer Instruments LLC - Key offerings
            • 12.4 Emerson Electric Co.
              • Exhibit 126: Emerson Electric Co. - Overview
              • Exhibit 127: Emerson Electric Co. - Business segments
              • Exhibit 128: Emerson Electric Co. - Key news
              • Exhibit 129: Emerson Electric Co. - Key offerings
              • Exhibit 130: Emerson Electric Co. - Segment focus
            • 12.5 Fieldpiece Instruments Inc.
              • Exhibit 131: Fieldpiece Instruments Inc. - Overview
              • Exhibit 132: Fieldpiece Instruments Inc. - Product / Service
              • Exhibit 133: Fieldpiece Instruments Inc. - Key offerings
            • 12.6 Kane International Ltd.
              • Exhibit 134: Kane International Ltd. - Overview
              • Exhibit 135: Kane International Ltd. - Product / Service
              • Exhibit 136: Kane International Ltd. - Key offerings
            • 12.7 Kanomax USA Inc.
              • Exhibit 137: Kanomax USA Inc. - Overview
              • Exhibit 138: Kanomax USA Inc. - Product / Service
              • Exhibit 139: Kanomax USA Inc. - Key offerings
            • 12.8 Klein Tools Inc.
              • Exhibit 140: Klein Tools Inc. - Overview
              • Exhibit 141: Klein Tools Inc. - Product / Service
              • Exhibit 142: Klein Tools Inc. - Key offerings
            • 12.9 Legend Corp. Ltd.
              • Exhibit 143: Legend Corp. Ltd. - Overview
              • Exhibit 144: Legend Corp. Ltd. - Product / Service
              • Exhibit 145: Legend Corp. Ltd. - Key offerings
            • 12.10 Mastercool Inc.
              • Exhibit 146: Mastercool Inc. - Overview
              • Exhibit 147: Mastercool Inc. - Product / Service
              • Exhibit 148: Mastercool Inc. - Key offerings
            • 12.11 PCE Holding GmbH
              • Exhibit 149: PCE Holding GmbH - Overview
              • Exhibit 150: PCE Holding GmbH - Product / Service
              • Exhibit 151: PCE Holding GmbH - Key offerings
            • 12.12 Ritchie Engineering Inc.
              • Exhibit 152: Ritchie Engineering Inc. - Overview
              • Exhibit 153: Ritchie Engineering Inc. - Product / Service
              • Exhibit 154: Ritchie Engineering Inc. - Key offerings
            • 12.13 Robert Bosch GmbH
              • Exhibit 155: Robert Bosch GmbH - Overview
              • Exhibit 156: Robert Bosch GmbH - Business segments
              • Exhibit 157: Robert Bosch GmbH - Key news
              • Exhibit 158: Robert Bosch GmbH - Key offerings
              • Exhibit 159: Robert Bosch GmbH - Segment focus
            • 12.14 Sauermann Group
              • Exhibit 160: Sauermann Group - Overview
              • Exhibit 161: Sauermann Group - Product / Service
              • Exhibit 162: Sauermann Group - Key offerings
            • 12.15 TASI Group
              • Exhibit 163: TASI Group - Overview
              • Exhibit 164: TASI Group - Product / Service
              • Exhibit 165: TASI Group - Key offerings
            • 12.16 TENMARS Electronics Co. Ltd.
              • Exhibit 166: TENMARS Electronics Co. Ltd. - Overview
              • Exhibit 167: TENMARS Electronics Co. Ltd. - Product / Service
              • Exhibit 168: TENMARS Electronics Co. Ltd. - Key offerings
            • 12.17 Testo SE and Co. KGaA
              • Exhibit 169: Testo SE and Co. KGaA - Overview
              • Exhibit 170: Testo SE and Co. KGaA - Product / Service
              • Exhibit 171: Testo SE and Co. KGaA - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 172: Inclusions checklist
                • Exhibit 173: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 174: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 175: Research methodology
                • Exhibit 176: Validation techniques employed for market sizing
                • Exhibit 177: Information sources
              • 13.5 List of abbreviations
                • Exhibit 178: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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