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Continually maturing government policies & regulatory landscape that promote end-use measurement for the accurate billing of thermal energy, increasing adoption of heat meters due to their benefits, continued investments in district heating infrastructure (both new and renovation), and growing new construction activities are some of the factors driving the heat meters market.
A heat meter is a device that uses flow volumes and temperatures to measure and record the amount of thermal energy supplied by a source or delivered to a sink.
Installation of heat meters helps in measuring the thermal energy consumption needed for billing and optimization.
Benefits of Heat Meters
District heating systems (DHS) are becoming more popular for centralized heating and the distribution of the heat to individual dwellings and commercial buildings, among others. These systems involve producing hot water at a central plant, piped underground to individual buildings for hot water and space heating.
Governments are promoting smart heat meters as part of energy efficiency optimization to support emission reduction goals. Additionally, smart heat meters give district heating utilities a detailed overview of the actual state of the distribution network by providing precise information about flow and temperatures, which can be combined with additional measurements, such as pressure, in strategically important parts of the network.
In the past, the digitalization of heating and cooling was driven by a simple business case to reduce costs. However, utilities and municipalities adopt smart heat meters as part of a long-term technology transformation to create more intelligent and environmentally friendly, efficient heating and cooling networks.
Among the types, static heat meters will remain the leading type during the forecast period. Further, mechanical meters market share is expected to slowly erode in the years to come owing to the increased adoption of ultrasonic measurement technology across several regions.
Demand for heat meters from China and Germany is expected to be robust due to the need to meet government regulations.
Some of the Opportunities
Some of the Notable trends are:
Heat Meter Market Drivers & Restraints
The study covers all the major underlying forces that help the market develop and grow and the factors that constrain the growth.
The report includes a meticulous analysis of each factor, explaining the relevant, qualitative information with supporting data.
Each factor’s respective impact in the near, medium and long term will be covered using Harvey balls for visual communication of qualitative information and functions as a guide for you to analyze the degree of impact.
Heat Meter Market Analysis
This report discusses the overview of the market, latest updates, important commercial developments and structural trends, and government policies and regulations.
This section provides an assessment of COVID-19 impact on heat meter market demand.
Heat Meter Market Size and Demand Forecast
The report provides market size and demand forecast until 2027, including year-on-year (YoY) growth rates and CAGR.
Heat Meter Market Industry Analysis
The report examines the critical elements of the heat meter industry supply chain, its structure, and participants
Using Porter’s five forces framework, the report covers the assessment of the heat meter industry’s state of competition and profitability.
Heat Meter Market Segmentation & Forecast
The report dissects the market into various segments. A detailed summary of the current scenario, recent developments, and market outlook will be provided for each segment.
Further, market size and demand forecasts will be presented along with various drivers and barriers for individual market segments.
Effective market segmentation enables you to identify emerging trends and opportunities for long-term growth. Contact us for "bespoke" market segmentation to better align the research report with your requirements.
Regional Market Analysis
The report covers detailed profiles of major countries across the world. Each country’s analysis covers the current market scenario, market drivers, government policies & regulations, and market outlook.
In addition, market size, demand forecast, and growth rates will be provided for all regions.
Following are the notable countries covered under each region.
North America - United States, Canada, and Rest of North America
Europe - Germany, United Kingdom (UK), Russia, Turkey, and Rest of Europe
Asia-Pacific - China, Japan, South Korea, Australia, Rest of APAC
Rest of the world - Saudi Arabia, UAE, Brazil, and other countries
Key Company Profiles
This report presents detailed profiles of Key companies in the heat meter industry. Each company profile includes - overview of the company, relevant products and services, a financial overview, and recent developments.
The report provides a comprehensive list of notable companies in the market, including mergers and acquisitions (M&As), joint ventures (JVs), partnerships, collaborations, and other business agreements.
The study also discusses the strategies adopted by leading players in the industry.
Heat Meter Market Share Analysis
The study presents market shares of top companies in the heat meter industry along with key insights.
Executive Summary will be jam-packed with charts, infographics, and forecasts. This chapter summarizes the findings of the report crisply and clearly.
The report begins with an Executive Summary chapter and ends with Conclusions and Recommendations.
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1. Executive Summary
2. Research Scope and Methodology
3. Market Analysis
4. Industry Analysis
5. Market Segmentation & Forecast
6. Regional Market Analysis
7. Key Company Profiles
8. Competitive Landscape
9. Conclusions and Recommendations
List of Tables & Figures
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