Heat Meter Market Highlights:
Heat meter is a device which measures the consumed or transmitted heat energy. The major component of heat meter consist of flow meter, heat carrier input and output temperature sensors and an electronic calculator. By implementing a heat meter, the end-user only pays for heat consumed. Hence, given the flow and temperature data, the meter can calculate the amount of heat consumed by a commercial or residential building. There are also certain legislative and regulatory framework needed for installation of heat meter. Residential segment is estimated to dominate the heat meter market during the forecast period.
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The key players of the global heat meter market are Diehl (Germany), Danfoss (Denmark), Landis+Gyr (Switzerland), Itron (US), Honeywell Elster (US), Kamstrup (Denmark), Zenner (US), Sontex (Switzerland), Qundis (Germany), and Siemens AG (Germany).
Heat Meter Market Segments Analysis
Global Heat meter market has been segmented based on type, connectivity, end- user, and region.
Based on type, the market is classified into mechanical and static. Static segment is expected to grow at the fastest rate as these meters use fluidic oscillator principle for providing reliable flow and energy readings.
Based on connectivity, the market is segmented as wired and wireless. Wired heat meter is estimated to dominate the market due to increased adoption of wired meters in poor connectivity areas where residential buildings are connected with district heating.
The global Heat Meter market is further segmented based on end-user, including residential, industrial, commercial, and other segments. Commercial segment of the global Heat meter market is estimated to register the highest market share during the forecast period.
Region wise, Asia-Pacific held the largest market share of the global heat meter market in 2017. It is estimated that Asia-Pacific region will continue to dominate the market during the forecast period, mainly due to the growing district heating infrastructure, rise in population, and climate change.
Asia-Pacific is expected to foresee increasing manufacturing, meanwhile its dependency on energy imports is growing. Hence, the demand for heat meter will be needed for conserving the energy being consumed. Similarly, North America being the second largest economy is also focusing towards energy conservation programs by implementing heat meters within different application areas.
Scope of the Report:
This report provides an in-depth analysis of the global heat meter market, tracking two market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Europe, Asia-Pacific (APAC) and Middle East & Africa, and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the heat meter system market by its type, connectivity, end-user, and by region.
Table Of Content
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.3 Research Process
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
List Of Tables
Table 1 Global Heat Meter Market: By Region, 2018-2023
Table 2 North America Heat Meter Market: By Country, 2018-2023
Table 3 Europe Heat Meter Market: By Country, 2018-2023
Table 4 Asia-Pacific Heat Meter Market: By Country, 2018-2023
Table 5 Middle East & Africa Heat Meter Market: By Country, 2018-2023
List Of Figures
Figure 1 Research Process Of Mrfr
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
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