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Heat Meter Market 2019 Current Market Size and Top Key Players: Sensus, Secure Meters Limited, Mueller Water Products, ista International GmbH, Siemens, Itron, inc., Techem Energy Services GmbH, Itron, inc., Diehl Group, Danfoss
Heat Meter Market
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Germany heat meter market is set to exceed installation of 1 million units by 2024. Increasing demand for district heating technology on account of changing climatic conditions across the nation will positively influence the product demand. Favorable regulatory policies pertaining to the adoption of sustainable energy devices coupled with increasing investments toward the development of commercial sector will propel the industry growth.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Kamstrup
2. Landis+Gyr
3. Sontex SA
4. Quandis, Inc
5. ZENNER
6. Apator Metrix S.A.
7. Axioma
8. Micronics, Inc.
9. Danfoss
10. Siemens
Japan heat meter market will grow on account of increasing concerns toward security of supply along with large-scale deployment of sustainable heating systems. In addition, rapid economic growth coupled with stringent regulatory norms toward emission reduction will further encourage the product adoption. Technological advancement in product design and development backed by extensive research and development activities by leading industry players will accelerate the business growth.
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The transforming technology trends across the globe have also had a significant influence on heat meter market share over the last few years. The development of smart meters is one of the next-generation product inventions that helps customers track daily energy use very easily. Considering the benefits of modern technologies to improve the energy efficiency, leading giants in the heat meters market have been adopting various new technology advancements such as IoT (Internet of Things) and AI (artificial intelligence). For instance, a team from the Danish smart metering company, Kamstrup, and Finnish electricity firm, Herrfors Nät-Verkko have recently planned to use NB-IoT technology in smart metering. With the help of this technology, the Finnish company can monitor more than 6,000 heat and electricity meters that will result in 10% cost savings.
Static heat meter market is set to grow on account of growing adoption of advanced and automated building technologies along with rapid expansion of commercial and industrial establishments across the emerging economies. Accelerating demand for trigeneration technologies along with high data precision recording mechanism will positively influence the product growth.
Heat Meter Market, By Product
• Ultrasonic
• Vortex
• Others
Heat Meter Market, By Technology
• Mechanical
• Static
The U.S. heat meter market size is set to exceed installation of 510 thousand units by 2024. Ongoing regulatory mandates toward the development of policies for energy metering along with rising focus toward energy efficiency and cost saving will accelerate the business growth. For instance, the U.S. Department of Energy has established policies and guidelines for utilities for metering the energy consumption in their federal buildings.
Browse key industry insights spread across 320 pages with 483 market data tables & 35 figures & charts from the report, Heat Meter Market in detail along with the table of contents:
www.gminsights.com/industry-analysis/heat-meters-market
Ultrasonic heat meter market size was valued over USD 450 million in 2017. Low energy consumption, dirt resistant, durability, high data accuracy and long-term stability are some of the key features which will positively impact the product penetration. Rapid industrialization along with increasing demand for efficient and sustainable heating systems will propel the business growth.
Residential sector is set to grow owing to stringent regulatory mandates coupled with accelerating adoption of district heating and cooling systems across the apartments. In addition, the increasing demand for individualized billing system for measuring the energy consumption of single unit across multi-occupancy buildings will encourage the product penetration. As per the provisions of Heat Network Metering and Billing Regulation, the domestic buildings must deploy the sub meters and more than one end consumer must be charged for the heat supplied.
Chapter 1. Methodology and Scope
1.1. Methodology
1.2. Market definitions
1.3. Market estimates & forecast parameters
1.4. Data Sources
1.4.1. Primary
1.4.2. Secondary
1.4.2.1. Paid sources
1.4.2.2. Public sources
Chapter 2. Executive Summary
2.1. Heat meter industry 3600 synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Product trend
2.1.3. Technology trends
2.1.4. Application trends
2.1.5. Regional trends
Some key players in the heat meter market include Diehl, Kamstrup, Landis+Gyr, Itron, Danfoss, Engelman, Sontex, Wecan, Huizhong, Siemens, Techem, Quandis, Zenner, Ista, MWA, Apator, Secure Meters, Micronics, Weihai Ploumeter, Sensus and Axioma.
Browse Related Reports: https://www.gminsights.com/industry-analysis/thermal-energy-storage-market
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