AP NEWS
Click to copy
Press release content from Business Wire. The AP news staff was not involved in its creation.
Click to copy
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Global HVAC Test Instruments Market 2019-2023 | Growing Concerns Toward Improving IAQ to Boost Growth | Technavio

September 10, 2019
Global HVAC Test Instruments Market 2019-2023 | Growing Concerns Toward Improving IAQ to Boost Growth | Technavio
Global HVAC Test Instruments Market 2019-2023 | Growing Concerns Toward Improving IAQ to Boost Growth | Technavio

LONDON--(BUSINESS WIRE)--Sep 10, 2019--

The global HVAC test instruments market size is poised to reach USD 131.69 million by 2023, according to a new report by Technavio, progressing at a CAGR of close to 6% during the forecast period.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190910005681/en/

Technavio has published a new market research report on the global HVAC test instruments market from 2019-2023. (Graphic: Business Wire)

“E-commerce websites have become crucial platforms for customers to purchase HVAC test and instruments conveniently. Customers prefer e-retailing as it allows them to compare prices, features, and reviews of a wide range of brands. Thus, the growth of online platforms will further drive the adoption of HVAC test instruments,” says a senior analyst at Technavio. Request Free Sample Pages

The market is driven by the growing concerns toward improving IAQ in residential and commercial buildings. In addition, the growing demand for HVAC systems is anticipated to further boost the HVAC test instruments market during the forecast period.

The air quality within residential and commercial buildings is paramount for the well-being of people as a major portion of people’s time is spent indoors. Hence, regulators are increasingly taking initiatives to create awareness about IAQ through various strategies, which include ventilation inside the buildings. HVAC plays an important role in improving ventilation inside the buildings. Thus, growing concerns toward improving IAQ will drive the adoption of airflow and quality test instruments, thereby fueling the growth of the HVAC test instruments market during the forecast period.

The demand for HVAC systems is increasing at a significant rate across the world, owing to the increase in disposable incomes which is facilitating better living standards. Moreover, the presence of extremely hot weather conditions in emerging economies is also a crucial factor behind the growing demand for HVAC systems. This will directly impact the growth of the HVAC test instruments as periodic maintenance activities are essential for maintaining the efficiency of HVAC systems.

For More Information: Request Free Sample Pages

The report includes detailed profiles of the leading companies & prominent vendors of the market:

Market Segmentation by Application:

The HVAC Test Instruments Market can be broadly categorized into the following application segments:

Key Regions for the HVAC Test Instruments Market:

Featuring a breakdown of region-wise market shares until 2019.

Some of the key topics covered in the report include:

Market Landscape

Market Sizing

Vendor Landscape

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report

Related Reports on Information Technologyare:

Software Testing Services Market – Global Software Testing Services Market by product (application testing and product testing), end-users (BFSI, telecom and media, manufacturing, retail, IT, and other end-users), and geography (APAC, Europe, MEA, North America, and South America).

High Temperature Cables Market – Global High Temperature Cables Market by end-users (energy, transport, industrial, and others) and geography (APAC, Europe, North America, and ROW).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190910005681/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY BUILDING SYSTEMS

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 09/10/2019 09:18 AM/DISC: 09/10/2019 09:18 AM

http://www.businesswire.com/news/home/20190910005681/en

All contents © copyright 2019 The Associated Press. All rights reserved.