MRFR has a newly added “Global Heat Meter Market Report” that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, and forecast in the coming years.
Market Research Future
(MRFR) has recently published a comprehensive report on the global heat meter,
outlining the key trend and patterns that can impact the market growth over the
forecast period of 2018-2023. MRFR's analysis has predicted a CAGR of 7.25%
over the forecast period. Global “Heat
Meter Market” trend analysis report 2020 aims to
provide in-depth information about the Heat Meter industry with market
overview, key trends, business plans, and future prospects of the industry. The
report also offers an overview of revenue, sales, product demand, and supply of
data, cost, and growth analysis for the global and regional levels. It involves
the current market status with some changing trends that can affect the Heat
Meter market growth rate.
Industry Highlights
In recent years, the heat
meter market has grown considerably, in part, due to consistent demand from
emerging economies. The regulatory
framework in multiple countries mandates the installation of heat meters to
curb energy consumption across diverse areas. Energy conservation has topped
the list of concerns of most economies which has increased interest in heat
meters. Not only are heat meters used in community centres, but they are
increasingly being adopted by the residential sector for calculation of heat
energy distribution. Developing heating infrastructure ibn various nations have
boosted the growth of the heat meter market. In multi-family buildings and
apartments, heat meters help in the identification of total energy consumption,
which helps in fair energy cost allocation. Thus, it is widely being used in
residential buildings and apartments.
High emphasis on
increasing the building energy efficiency and reduction of energy cost has
resulted in increased acceptance of heat meters. In commercial buildings, with
multiple occupants, the use of heat meters is becoming increasingly popular.
They aid in sub-metering purpose and help in the determination of energy
consumed by each occupant. It also raises awareness among individuals to lower
their energy consumption. The growing
number of commercial establishments is, in fact, a key factor fostering market
growth. Other obvious factors include rapid expansion of industries which
generate massive demand for heat meters. On the other hand, market growth might
be hindered by high costs associated with heat meters.
Competitive Landscape
Qundis (Germany), Diehl
(Germany), Sontex (Switzerland), Landis+Gyr (Switzerland), Zenner (US),
Honeywell Elster (US), Itron (US), Kamstrup (Denmark), Siemens AG (Germany),
and Danfoss (Denmark) are the notable players in the heat meter market.
Segmentation
The Heat
Meter Industry has been segmented based on type,
connectivity, and end user.
By type, the heat meter
market has been segmented into mechanical heat meter and static heat meter.
By connectivity, the heat
meter market has been segmented into wireless and wired.
By end user, the heat
meter market has been segmented into commercial, industrial, residential, and
others.
Regional Analysis
Region-wise, the heat
meter market has been segmented into North America, the Middle East &
Africa (MEA), South America, Europe, and Asia Pacific (APAC).
The APAC region is
witnessing rapid progress in terms of manufacturing activity, which has
increased energy requirements. Mounting focus on energy conservation in the
region has augmented the demand for heat meters. Moreover, various regulations
pertaining to energy conservation exercised in the region has favored market
growth. The APAC market captured the largest market share in 2017 and is
anticipated to retain its lead throughout the assessment period.
North America has secured
the second spot in the heat meter market. Enactment of various energy
conservation programs which encourage the adoption of heat meters has been
instrumental in the expansion of the market.
Europe heat meter market
is driven by supportive regulations and energy conservation efforts. Various
regulations which mandate the replacement of old heat meters are likely to
affect the market growth positively. Investment in heat meter projects in the
MEA region is likely to boost its growth over the forecast period.
Access Full Report details at: https://www.marketresearchfuture.com/reports/heat-meter-market-6979
At
Market Research Future (MRFR), we enable our customers to unravel the
complexity of various industries through our Cooked Research Report (CRR),
Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed
Research (CFR), and Market Research & Consulting Services.
Read More:
https://www.firmenpresse.de/pressrelease620294.html
https://sites.google.com/view/globalturbinecontrolsystemmark/home
https://www.firmenpresse.de/pressrelease620295.html
https://sites.google.com/view/solar-thermal-collectors-mar/home
No comments:
Post a Comment