Press release
Thermal Energy Flow Metering Solutions Market is Expected to $6.54 Billion by 2032-ABB, Elster Water, Emerson Electric, Enercare Connections, GE Electric, Kamstrup Group, Landis+Gyr AG, QMC, Sage Metering, Shenitech, Siemens, Sierra Instruments, Yokogawa
Global Thermal Energy Flow Metering Solutions Market to Reach $6.54 Billion by 2032Amid the COVID-19 crisis, the global market for Thermal Energy Flow Metering Solutions estimated at US$3.2 Billion in the year 2020, is projected to reach a revised size of US$4.5 Billion by 2027, growing at a CAGR of 4.8% over the analysis period 2020-2027. Insertion, one of the segments analyzed in the report, is projected to record a 5% CAGR and reach US$1.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Portable segment is readjusted to a revised 5.1% CAGR for the next 7-year period.
Some of the Top companies Influencing this Market include:
ABB, Elster Water, Emerson Electric, Enercare Connections, GE Electric, Kamstrup Group, Landis+Gyr AG, QMC, Sage Metering, Shenitech, Siemens, Sierra Instruments, Yokogawa Electric
The U.S. Market is Estimated at $878.9 Million, While China is Forecast to Grow at 7.4% CAGR
The Thermal Energy Flow Metering Solutions market in the U.S. is estimated at US$878.9 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$916.1 Million by the year 2027 trailing a CAGR of 7.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 4.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.
Inline Segment to Record 4.1% CAGR
In the global Inline segment, USA, Canada, Japan, China and Europe will drive the 3.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$798.9 Million in the year 2020 will reach a projected size of US$1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$596 Million by the year 2027, while Latin America will expand at a 5.1% CAGR through the analysis period.
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Various factors are responsible for the market's growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Thermal Energy Flow Metering Solutions .This report is a consolidation of primary and secondary research, which provides market size, share, dynamics, and forecast for various segments and sub-segments considering the macro and micro environmental factors. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitutes, and the degree of competition prevailing in the market.
ATTRIBUTES
DETAILS
ESTIMATED YEAR
2022
BASE YEAR
2021
FORECAST YEAR
2029
HISTORICAL YEAR
2020
UNIT
Value (USD Million/Billion)
SEGMENTS COVERED
Types, Applications, End-Users, and more.
REPORT COVERAGE
Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
BY REGION
North America, Europe, Asia Pacific, Latin America, Middle East and Africa
CUSTOMIZATION SCOPE
Free report customization (equivalent up to 4 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.
Thermal Energy Flow Metering Solutions Market Types:
Insertion, Portable, Inline.
Thermal Energy Flow Metering Solutions Market Applications:
Residential, Commercial
The report studies the key segments in the global Thermal Energy Flow Metering Solutions industry, their growth in the past few years, profiles and market sizes of individual segments, and gives a detailed overview of the profiles of various segments. The report also presents key products and various other products in the global Thermal Energy Flow Metering Solutions industry along with its market size and growth in the study period. The major demand drivers for the global Thermal Energy Flow Metering Solutions industry products and services are outlined in the report. The Thermal Energy Flow Metering Solutions report details some major success factors and risk factors of investing in certain segments.
The report provides insights on the following pointers:
Market Penetration: Comprehensive data on the product portfolios of the top players in the Thermal Energy Flow Metering Solutions market.
Product Development/Innovation: Detailed information about upcoming technologies, R&D activities, and market product debuts.
Competitive Assessment: An in-depth analysis of the market's top companies' market strategies, as well as their geographic and business segments.
Market Development: Information on developing markets in its entirety. This study examines the market in several geographies for various segments.
Market Diversification: Extensive data on new goods, untapped geographies, recent advancements, and investment opportunities in the Thermal Energy Flow Metering Solutions market.
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The cost analysis of the Global Thermal Energy Flow Metering Solutions Market has been performed while keeping in view manufacturing expenses, labor cost, and raw materials and their market concentration rate, suppliers, and price trend. Other factors such as Supply chain, downstream buyers, and sourcing strategy have been assessed to provide a complete and in-depth view of the market. Buyers of the report will also be exposed to a study on market positioning with factors such as target client, brand strategy, and price strategy taken into consideration.
Key questions covered in this report?
A complete overview of different geographic distributions and common product categories in the Thermal Energy Flow Metering Solutions Market.
When you have information on the cost of production, the cost of products, and the cost of production for future years, you can fix up the developing databases for your industry.
Thorough break-in analysis for new enterprises seeking to enter the Thermal Energy Flow Metering Solutions Market.
Exactly how do the most essential corporations and mid-level companies create cash within the Market?
Conduct a thorough study on the overall state of the Thermal Energy Flow Metering Solutions Market to aid in the selection of product launches and revisions.
Table of Contents
Global Thermal Energy Flow Metering Solutions Market Research Report 2022 - 2029
Chapter 1 Thermal Energy Flow Metering Solutions Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Thermal Energy Flow Metering Solutions Market Forecast
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Rapid Industrialization Makes Europe Leading Region
From a geographical standpoint, Europe accounts for a leading share in the global thermal energy flow metering solutions market and it is trailed by North America. Rapid industrialization is one of the primary reasons for the growth in the market in the two regions. The chemical and wastewater industries, particularly, are at the forefront of driving demand for flow meters in the two regions. In Europe, expansion of multinational companies in countries of Germany, the U.K., and France, rising investments in capital projects, and launch of cutting edge flow meters have boosted growth in the market.
In terms of growth rate, Asia-Pacific is expected to surpass all other regions in the global thermal energy flow metering solutions market. This is mainly because of the technological progress and industrialization, coupled with concerns over the environment, which has necessitated continuous emissions monitoring systems in countries of Japan, China, and India. This has served to boost the market in the region. Substantial demand for measuring meters in oil and gas industry is also proving beneficial for the market.
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