Refrigeration Leak Detector Market Insights Video

According to Cognitive Market Research, the global Refrigeration Leak Detector market size is USD 91.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 3.50% from 2024 to 2031.

• North America held the major market share for more than 40.0% of the global revenue with a market size of USD 36.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.7% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 27.48 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 21.07 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.
• Latin America had a market share of more than of the global revenue with a market size of USD 4.58 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.9% from 2024 to 2031.
• Middle East and Africa had a market share of around 2.0% of the global revenue and was estimated at a market size of USD 1.83 million in 2024 and will grow at a compound annual growth rate (CAGR) of3.2% from 2024 to 2031.
• The Electronic Detector held the highest Refrigeration Leak Detector market revenue share in 2024.