Heat Meter

Heat Meter Market Reaches $ 1,965.2 Million Mark Heat Meter Market (By Type: Turbine Meters, Ultrasonic Meters, Vortex Meters, and Others; By Connectivity: Wired and Wireless; By Technology: Mechanical and Static; By Application: Residential, Commercial and Public, and Industrial) - Global Market Size, Share, Growth, Trends Analysis, Regional Outlook and Forecasts 2021 - 2030

Share This Article

The heat meter market is expected to exhibit a CAGR of 9.2% from 2021 to 2030 and is projected to reach US$ 1,965.2 million by 2030, according to a 2021 study by Precedence Research, the Canada based market insight company.

The report contains 150+ pages with detailed analysis. The study provides the overall revenue of the global heat meter market from 2017 to 2030, considering 2020 as the base year and 2030 as the forecast year.

The global heat meter market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the heat meter industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

We customize your report according to your research need. REQUEST CUSTOMIZED COPY OF REPORT (Including TOC, List of Tables & Figures, and Chart) @ https://www.precedenceresearch.com/customization/1228

Growth Factors:

Increasing construction activity in developing regions, changes in the climate conditions, rapidly growing awareness in customers, increasing number of heat meter installations by individuals in order to monitor energy spending, and growth in the luxury housing market are among major factors boosting growth of the global industry. Additionally, technological advancements and integration of latest technologies is fueling growth of the heat meter market worldwide. Moreover, rapidly increasing awareness regarding energy conservation is having positive impact on the growth of global industry. Further, increased focus on the improvement of energy infrastructure in developing regions and growing investment by major market players on research and development are other factors to boost growth of the global market during the forecast time frame.

With the growing cost of energy and stress on energy saving, reliable and accurate metering of all services has become essential for measuring and supervising energy expenses. Though, in the year 2011, the Chinese government’s emphasis on substituting coal as a source of housing heating flattened the shipments. This decelerated the pace of new construction in China and hindered the total heat meter industry. Likewise, economic & political slowdown in Russia & Turkey also weakened the heat meter industry.

Currently the market progress has mostly caught up in China, where the shipments have augmented rising year over year. In 2013, the Chinese administration laid out the key alignments for urban development in China, encompassing a proposal to rebalance urban progress by restraining urban sprawl and augmenting compaction of cities. The construction sector offers greater room for better efficiency, both for new creation and also through the revamp of existing structures.

Report Highlights:

  • Based on type, ultrasonic meters reported largest revenue in 2020. This is accredited to high durability and accuracy of the ultrasonic meters. Further, advantages such as lower energy consumption are expected to boost the growth of the segment in the near future.
  • On the basis of technology, static accounted for the weighty share in the target industry. This is due to increasing demand for combined cooling and heating applications.
  • Based on application segment, residential accounted for the largest revenue with significant portion in estimate period of time. Factors such as rapidly increasing demand for home automation systems are driving growth of the segment.
  • Landis + Gyr and Kamstrup are major companies operating in the global heat meter market.

Regional Analysis:

The report covers data for North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. In 2020, Asia Pacific dominated the global market with a market share of more than 41%. China represented the highest share in the Asia Pacific region primarily due to high urbanization, strong growth in construction activities, and availability of latest metering products. Moreover, growing awareness regarding energy conservation is expected to have positive impact on the industry growth. North America is expected to account for the second largest share in the heat meter industry in terms of revenue in 2020. The growth in the North American region is attributed to availability of latest products, high requirement for energy monitoring, and developed construction sector. Europe is anticipated to grow at the highest CAGR during the projected time-duration majorly due to high demand from new markets such as Turkey, Russia, and Germany. Growth in the research and development activities is a major factor that is projected to have optimistic impact on the growth of the target industry in the European countries.

Related Reports

  • Aerial Work Platforms Market – The global market was valued at USD 9.7 billion in 2019 and expected to reach USD 19.90 billion by 2027 and poised to grow at a compound annual growth rate (CAGR) 9.4% during the forecast period 2020 to 2027.
  • Construction Equipment Rental Market – The global market was valued at USD 91.34 billion in 2019 and to reach over USD 136.1 billion by 2027, predicted to register a compound annual growth rate (CAGR) of around 4.78% during period 2020 to 2027.
  • Elevator & Escalator Market – The global market was valued at around USD 71.68 billion in 2019 and expanding over USD 114.90 billion by 2027, anticipated to expand at a compound annual growth rate (CAGR) of 6.3% during period 2020 to 2027.

Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global heat meter market are as follows:

  • Weihai Ploumeter Co. Ltd.
  • Landis + Gyr
  • Quadlogic Meters Canada Inc
  • Zenner International GmbH & Co. KG
  • Kamstrup
  • Micronics Ltd
  • MWA Technology Ltd
  • Qundis
  • Apator S.A.
  • Qundis
  • Sontex SA
  • Siemens AG
  • WECAN Precision Instruments Co. Ltd.
  • Ista
  • Huizhong Instrumentation Co. Ltd.
  • Techem
  • Secure Meters Ltd
  • Weihai Ploumeter Co. Ltd.

Market Segmentation

By Type

  • Turbine Meters
  • Ultrasonic Meters
  • Vortex Meters
  • Others

By Connectivity

  • Wired
  • Wireless

By Technology

  • Mechanical
  • Static

By Application

  • Residential
  • Commercial and Public
  • Industrial

Regional Segmentation

  • North America (U.S. and Canada)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Some of the key highlights covered in the report include:

Market Demand-Supply Analysis – The report covers detailed insights into demand and supply forces prevailing in the global heat meter market. It examines trends and factors influencing demand for heat meter globally and gauges the impact of the same on the production.

Pricing Analysis – The report presents an exclusive pricing analysis. It compares pricing strategies adopted by the leading market players and identifies the most remunerative strategies.

Market Segmentation – The report segments the global market in terms of diverse criteria. It identifies the leading segment within each category and identifies growth drivers and restraints affecting growth across each segment.

Regional Analysis – The report segments the market in terms of North America, Europe, Latin America, Asia Pacific, and Rest of the World in terms of region. It has chapters exclusively dedicated to analyzing growth trends across each region. It identifies growth drivers as well challenges affecting demand for heat meter across the world.

Competitive Analysis – Some of the leading market players are profiled in the report on heat meter. The report offers an estimation of share individually help by the market players and determines the impact of some of their popular strategies.

COVID-19 Impact Analysis – This chapter is exclusively dedicated to gauging how the market has evolved or will develop in the post-pandemic era.

Growth Recommendations – In the end, the report presents valuable recommendations to ready businesses for unforeseen challenges in the near future.

Why should you invest in this report?

If you are aiming to enter the global heat meter market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for heat meter are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Heat Meter Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. COVID 19 Impact on Heat Meter Market

5.1. Covid-19: Heat Meter Industry Impact
5.2. Heat Meter Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Heat Meter Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Heat Meter Market Players to deal with Covid-19 Pandemic Scenario

Chapter 6. Heat Meter Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Increasing construction activity in developing regions
6.1.1.2. Changes in the climate conditions
6.1.2. Market Restraints
6.1.2.1. High Cost
6.1.3. Market Opportunities
6.1.3.1. Technological advancements and integration of latest technologies
6.1.3.2. Rapidly increasing awareness regarding energy conservation

Chapter 7. Global Heat Meter Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Heat Meter Market Revenue by Market Players (2017 – 2020)
7.1.1.2. Heat Meter Market Revenue Market Share by Market Players (2017 – 2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users

Chapter 8. Global Heat Meter Market, By Type

8.1. Heat Meter Market, by Type, 2017-2030
8.1.1. Turbine Meters
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Ultrasonic Meters
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Vortex Meters
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Others
8.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Heat Meter Market, By Connectivity

9.1. Heat Meter Market, by Connectivity, 2017-2030
9.1.1. Wired
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Wireless
9.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Heat Meter Market, By Technology

10.1. Heat Meter Market, by Technology, 2017-2030
10.1.1. Mechanical
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Static
10.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Heat Meter Market, By Application

11.1. Heat Meter Market, by Application, 2017-2030
11.1.1. Residential
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Commercial and Public
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. Industrial
11.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Heat Meter Market, Regional Estimates and Trend Forecast

12.1. North America
12.1.1. Market Revenue Forecast by Type(2017-2030)
12.1.2. Market Revenue Forecast by Connectivity (2017-2030)
12.1.3. Market Revenue Forecast by Technology (2017-2030)
12.1.4. Market Revenue Forecast by Application (2017-2030)
12.1.5. U.S
12.1.5.1. Market Revenue Forecast (2017-2030)
12.1.6. Canada
12.1.6.1. Market Revenue Forecast (2017-2030)
12.2. Europe
12.2.1. Market Revenue Forecast by Type (2017-2030)
12.2.2. Market Revenue Forecast by Connectivity (2017-2030)
12.2.3. Market Revenue Forecast by Technology (2017-2030)
12.2.4. Market Revenue Forecast by Application (2017-2030)
12.2.5. UK
12.2.5.1. Market Revenue Forecast (2017-2030)
12.2.6. Germany
12.2.6.1. Market Revenue Forecast (2017-2030)
12.2.7. France
12.2.7.1. Market Revenue Forecast (2017-2030)
12.2.8. Rest of EU
12.2.8.1. Market Revenue Forecast (2017-2030)
12.3. Asia Pacific (APAC)
12.3.1. Market Revenue Forecast by Type (2017-2030)
12.3.2. Market Revenue Forecast by Connectivity (2017-2030)
12.3.3. Market Revenue Forecast by Technology (2017-2030)
12.3.4. Market Revenue Forecast by Application (2017-2030)
12.3.5. China
12.3.5.1. Market Revenue Forecast (2017-2030)
12.3.6. India
12.3.6.1. Market Revenue Forecast (2017-2030)
12.3.7. Japan
12.3.7.1. Market Revenue Forecast (2017-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue Forecast (2017-2030)
12.4. LATAM
12.4.1. Market Revenue Forecast by Type (2017-2030)
12.4.2. Market Revenue Forecast by Connectivity (2017-2030)
12.4.3. Market Revenue Forecast by Technology (2017-2030)
12.4.4. Market Revenue Forecast by Application (2017-2030)
12.4.5. Brazil
12.4.5.1. Market Revenue Forecast (2017-2030)
12.4.6. Rest of LATAM
12.4.6.1. Market Revenue Forecast (2017-2030)
12.5. Middle East and Africa (MEA)
12.5.1. Market Revenue Forecast by Type (2017-2030)
12.5.2. Market Revenue Forecast by Connectivity (2017-2030)
12.5.3. Market Revenue Forecast by Technology (2017-2030)
12.5.4. Market Revenue Forecast by Application (2017-2030)
12.5.5. GCC
12.5.5.1. Market Revenue Forecast (2017-2030)
12.5.6. North Africa
12.5.6.1. Market Revenue Forecast (2017-2030)
12.5.7. South Africa
12.5.7.1. Market Revenue Forecast (2017-2030)
12.5.8. Rest of MEA
12.5.8.1. Market Revenue Forecast (2017-2030)

Chapter 13. Company Profiles

13.1. Weihai Ploumeter Co. Ltd.
13.1.1. Company Overview, Business Information, Regional Presence
13.1.2. Product Portfolio Analysis
13.1.2.1. Product Details, Specification, Connectivity
13.1.3. Revenue, Price, and Gross Margin (2017-2020)
13.1.4. Recent Developments and Strategies
13.2. Landis + Gyr
13.2.1. Company Overview, Business Information, Regional Presence
13.2.2. Product Portfolio Analysis
13.2.2.1. Product Details, Specification, Connectivity
13.2.3. Revenue, Price, and Gross Margin (2017-2020)
13.2.4. Recent Developments and Strategies
13.3. Quadlogic Meters Canada Inc
13.3.1. Company Overview, Business Information, Regional Presence
13.3.2. Product Portfolio Analysis
13.3.2.1. Product Details, Specification, Connectivity
13.3.3. Revenue, Price, and Gross Margin (2017-2020)
13.3.4. Recent Developments and Strategies
13.4. Zenner International GmbH & Co. KG
13.4.1. Company Overview, Business Information, Regional Presence
13.4.2. Product Portfolio Analysis
13.4.2.1. Product Details, Specification, Connectivity
13.4.3. Revenue, Price, and Gross Margin (2017-2020)
13.4.4. Recent Developments and Strategies
13.5. Kamstrup
13.5.1. Company Overview, Business Information, Regional Presence
13.5.2. Product Portfolio Analysis
13.5.2.1. Product Details, Specification, Connectivity
13.5.3. Revenue, Price, and Gross Margin (2017-2020)
13.5.4. Recent Developments and Strategies
13.6. Micronics Ltd
13.6.1. Company Overview, Business Information, Regional Presence
13.6.2. Product Portfolio Analysis
13.6.2.1. Product Details, Specification, Connectivity
13.6.3. Revenue, Price, and Gross Margin (2017-2020)
13.6.4. Recent Developments and Strategies
13.7. MWA Technology Ltd
13.7.1. Company Overview, Business Information, Regional Presence
13.7.2. Product Portfolio Analysis
13.7.2.1. Product Details, Specification, Connectivity
13.7.3. Revenue, Price, and Gross Margin (2017-2020)
13.7.4. Recent Developments and Strategies
13.8. Qundis
13.8.1. Company Overview, Business Information, Regional Presence
13.8.2. Product Portfolio Analysis
13.8.2.1. Product Details, Specification, Connectivity
13.8.3. Revenue, Price, and Gross Margin (2017-2020)
13.8.4. Recent Developments and Strategies
13.9. Apator S.A.
13.9.1. Company Overview, Business Information, Regional Presence
13.9.2. Product Portfolio Analysis
13.9.2.1. Product Details, Specification, Connectivity
13.9.3. Revenue, Price, and Gross Margin (2017-2020)
13.9.4. Recent Developments and Strategies
13.10. Sontex SA
13.10.1. Company Overview, Business Information, Regional Presence
13.10.2. Product Portfolio Analysis
13.10.2.1. Product Details, Specification, Connectivity
13.10.3. Revenue, Price, and Gross Margin (2017-2020)
13.10.4. Recent Developments and Strategies

Chapter 14. Appendix

14.1. About Us
14.2. Glossary of Terms

Purchase This Premium Research Report @ https://www.precedenceresearch.com/checkout/1228

About Us

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defence, among different ventures, present globally.

Contact Us:

Mr. Alex

Sales Manager

Call: +1 9197 992 333

Email: sales@precedenceresearch.com

Web: https://www.precedenceresearch.com

Blog: https://precedenceresearchnews.wordpress.com

Follow us on LinkedIn | Twitter | Facebook

Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

View all posts by Precedence Research →