Heat Meter market to reach USD 1 billion by 2024

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Heat Meters market to reach USD 1 billion by
2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Heat Meters Market

• Heat Meters Market size was valued over USD 760
  million in 2017 and will exceed USD 1 billion by
  2024, as reported in the latest study by Global
  Market Insights, Inc. Accelerating investments
  toward the development of sustainable heating
  technologies along with ongoing expansion of
  residential and commercial establishments will
  foster the heat meter market demand. Favorable
  regulatory policies pertaining to energy
  efficiency along with rising concern toward
  carbon emissions will further stimulate the
  industry growth. For instance, the government of
  Canada signed the Copenhagen Accord in 2009 and
  the Paris Agreement under its climate action plan
  to reduce GHG emissions by 17 by 2020 below 2005
  levels.
• Germany heat meter market is set to exceed
  installation of 1 million units by 2024.
  Increasing demand for district heating technology
  on account of changing climatic conditions across
  the nation will positively influence the product
  demand. Favorable regulatory policies pertaining
  to the adoption of sustainable energy devices
  coupled with increasing investments toward the
  development of commercial sector will propel the
  industry growth.

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Continued...

• Upsurge in demand for effective energy management
  systems along with rising need for individualized
  metering across multistory buildings will foster
  the heat meter market growth. Billing accuracy,
  cost saving, energy consumption monitoring and
  various communication options are some of the key
  features which make its adoption preferable.
• Commercial heat meter market will grow on account
  of development of combined heating and cooling
  technologies along with growing adoption of
  sustainable building codes and standards. In
  addition, flourishing service sector coupled with
  upsurge in investments toward the development of
  residential establishments will positively impact
  the product penetration. Ongoing expansion of
  innovative energy efficiency solutions, efficient
  heating infrastructure and energy management
  systems will encourage the product demand.

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Sweden Heat Meters Market Size, By Application,
2017 2024 (USD Million)

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Continued...

• Static heat meters market is set to grow on
  account of growing adoption of advanced and
  automated building technologies along with rapid
  expansion of commercial and industrial
  establishments across the emerging economies.
  Accelerating demand for trigeneration
  technologies along with high data precision
  recording mechanism will positively influence the
  product growth.
• High durability, low energy consumption, data
  accuracy, and long-term stability are some of the
  key features which will stimulate the vortex heat
  meter market share. In addition, the increasing
  investments toward development of service sector
  across the European economies will positively
  influence the product penetration. Effective
  measurement of heat consumption along with low
  maintenance cost owing to non-movable parts will
  further fuel the business growth. Furthermore,
  these devices owing to their low power
  consumption run for longer a life-span as
  compared to the traditional components. This is
  encouraging the manufacturers of handheld devices
  to increasingly implement these components in the
  devices.

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Continued...

• The Asia Pacific micro LED display market is
  anticipated to ship over 250 thousand units in
  2018 grow due to the manufacturers of electronic
  devices rapidly switching to these components
  from the traditional LED or OLED components.
  Furthermore, the presence of a large number of
  electronic device manufacturers encourages the
  display manufacturers in the region to adopt
  newer versions of technology to remain
  competitive in the industry.
• Germany micro LED display market growth will
  witness a surge over the forecast timespan due to
  the increasing usage of wearable devices in the
  country. The consumers are demanding
  technologically-advanced and visually-appealing
  gadgets as wearable devices.
• Eminent players across the heat meter market
  include Diehl, Kamstrup, LandisGyr, Itron,
  Danfoss, Engelman, Sontex, Wecan, Huizhong,
  Siemens, Techem, Quandis, Zenner, Ista, MWA,
  Apator, Secure Meters, Micronics, Weihai
  Ploumeter, Sensus and Axioma.

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Industry Coverage

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Table OF Content
Chapter 1. Methodology and Scope 1.1.
Methodology 1.2. Market definitions 1.3. Market
estimates forecast parameters 1.4. Data
Sources 1.4.1. Primary 1.4.2.
Secondary 1.4.2.1. Paid sources 1.4.2.2.
Public sources Chapter 2. Executive
Summary 2.1. Heat meter industry 3600 synopsis,
2013 - 2024 2.1.1. Business trends 2.1.2.
Product trend 2.1.3. Technology trends 2.1.4.
Application trends 2.1.5. Regional trends
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