Press release
At a CAGR of 7.50% Heat Meter Market to Grow $1,218.9 million by 2023 | Kamstrup, Danfoss, Siemens, Diehl
According to the new market research report "Heat Meter Market by Type (Mechanical (Multi-Jet, Turbine), Static (Electromagnetic, Ultrasonic)), Connectivity (Wired, Wireless), End-User (Residential, Commercial & Public, Industrial) Region - Global Forecast to 2023", The global heat meter market is projected to reach USD 1,218.9 million by 2023 from an estimated USD 849.1 million in 2018, at a CAGR of 7.50%.Browse 63 market data Tables and 40 Figures spread through 119 Pages and in-depth TOC on "Heat Meter Market - Global Forecast to 2023"
https://www.marketsandmarkets.com/Market-Reports/heat-meter-market-87058049.html
This growth can be attributed to the increasing mandatory legislative requirement to install heat meters for accurate measurement of heat consumption.
The residential segment is expected to hold the largest share of heat meter market, by type, during the forecast period.
The residential segment is estimated to dominate the heat meter market in 2018 and is projected to have the largest market share during the forecast period. Increase in the number of residential dwellings across the globe year on year has made a positive impact on heat meter market during the forecast period. Residential spaces connected to district heating and cooling networks necessarily require heat meters as it is by far the best practice for generating energy bills based on consumption.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=87058049
Scope of the Report:
By Type
Mechanical
Static
By Connectivity
Wired Connection
Wireless Connection
By End-User
Residential
Commercial & Public
Industrial
By Region
Americas
Asia Pacific
Europe
Middle East
The wireless connection segment is expected to be the fastest growing segment of the heat meter market, by connectivity, during the forecast period.
The wireless connection segment accounted for the highest CAGR during the forecast period. Growth of this segment can be attributed to the advancement in technologies, lower cost of installation and maintenance, higher reliability, and ease of use. Europe region is expected to witness a high growth in wireless connection segment during the forecast period because of the increased spending in connectivity technologies infrastructure.
Ask for Sample Pages of the Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=87058049
Asia Pacific: The leading market for heat meter
In this report, the heat meter market has been analyzed with respect to four regions, namely, Americas, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is estimated to dominate the global heat meter market in 2018 owing to the growth in district heating infrastructure, construction activities, rise in population, and climatic change. The demand for heat meters in Asia Pacific is growing, with about 5.5 million installations in China in 2017.
Target Audience:
Government and Research Organizations
Heat Meters Manufacturers
Maintenance and Service Providers
Technology Standard Organizations, Forums, Alliances, and Associations
Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=87058049
To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the heat meter market. Some of the key players Kamstrup (Denmark), Danfoss (Denmark), Siemens (Germany), Diehl (Germany). The leading players are adopting various strategies to increase their shares in the heat meter market.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release At a CAGR of 7.50% Heat Meter Market to Grow $1,218.9 million by 2023 | Kamstrup, Danfoss, Siemens, Diehl here
News-ID: 2199588 • Views: …
More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for…

With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth.
Download PDF Brochure @…

Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing…

Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of…
More Releases for MarketsandMarkets™
Biomaterials Market Worth $64.2 billion | MarketsandMarkets™
Biomaterials Market in terms of revenue was estimated to be worth $45.2 billion in 2024 and is poised to reach $64.2 billion by 2029, growing at a CAGR of 7.3% from 2024 to 2029 according to a new report by MarketsandMarkets™. The biomaterials market is estimated to grow at a CAGR of 7.3% during the forecast period of 2024 to 2029. The important factors impacting market growth are the growing…
Cell Expansion Market Worth $26.7 billion | MarketsandMarkets™
Cell Expansion Market in terms of revenue was estimated to be worth $14.3 billion in 2024 and is poised to reach $26.7 billion by 2029, growing at a CAGR of 13.3% from 2024 to 2029 according to a new report by MarketsandMarkets™. Some factors contributing to the growth of the global market includes increasing R&D investments in cell based research, growing focus on personalized medicine, and increasing number of strategic…
Apheresis Market Worth $3.9 billion | MarketsandMarkets™
Apheresis Market in terms of revenue was estimated to be worth $2.6 billion in 2024 and is poised to reach $3.9 billion by 2029, growing at a CAGR of 8.8% from 2024 to 2029 according to a new report by MarketsandMarkets™.
The growth in the apheresis market is driven by rise in demand for source plasma from biopharmaceutical companies, upsurging demand for blood components and favourable reimbursement for apheresis. The increasing…
Medical Robots Market Worth $33.8 billion | MarketsandMarkets™
Medical Robots Market in terms of revenue was estimated to be worth $16.0 billion in 2024 and is poised to reach $33.8 billion by 2029, growing at a CAGR of 16.1% from 2024 to 2029 according to a new report by MarketsandMarkets™. The growth in the medical robots market is driven by the aging population and rising chronic diseases, improving reimbursement scenario, and subsequent advancements in healthcare funding & infrastructure.…
Pipette Calibrators Market Worth $391 million | MarketsandMarkets™
Pipette Calibrators Market in terms of revenue was estimated to be worth $286 million in 2024 and is poised to reach $391 million by 2029, growing at a CAGR of 6.5% from 2024 to 2029 according to a new report by MarketsandMarkets™.
The growth of this market is majorly driven by rise in genomics and proteomics research, growth in portable and handheld devices, and establishment of new research facilities by pharmaceutical…
Mice Model Market Worth $2.2 billion | MarketsandMarkets™
Mice Model Market in terms of revenue was estimated to be worth $1.5 billion in 2024 and is poised to reach $2.2 billion by 2029, growing at a CAGR of 8.1% from 2024 to 2029 according to a new report by MarketsandMarkets™. The rise in chronic diseases, such as cancer, diabetes, and cardiovascular disorders, and growing need for reliable and predictive animal models to facilitate drug discovery and development are…