Heat Meters Market to Witness Heavy Growth Prospects Via Power Management Systems Over 2018-2024

Heat meters market is set to grow on account of rising need for effective power management systems coupled with requirement of individualized metering across residential apartments. Cost saving, accurate billing, multiple communication options and power consumption monitoring are key parameters responsible for product adoption. Furthermore, growing demand for accurate and reliable metering technologies along with integration of IoT devices will enhance the industry landscape.
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Ongoing adoption building energy codes and standards coupled with technical advancement of combined heating & cooling systems will foster the commercial heat meters market. Ongoing expansion of service sector along with increasing government funds toward the development & construction of commercial infrastructure will stimulate the business growth. Digitalization of measuring devices for effective metering coupled with the deployment of energy management systems will positively impact the industry outlook.
Increasing installation of efficient heating systems coupled with rising concerns for secure energy supply will stimulate the Japan heat meters market demand. Introduction of innovative products and technologies on account of ongoing research and development activities by leading industry players will augment the business growth. In addition, stringent government regulations towards limiting carbon emissions along with rapidly growing economy will favor the product penetration.
Ongoing expansion of industrial and commercial buildings across emerging nations coupled with growing adoption of building automation systems will foster the static heat meters market. Technological development toward high precision recording mechanism along with up surging need for trigeneration technology will complement the industry landscape.
While CHP has garnered commendable traction, heat meters market players have also been tapping the solar energy source rather prominently. As more and more developed and developing economies turn to renewable sources of energy to fulfil their annual energy needs, it is anticipated that the global DHC market will also experience substantial momentum with the adoption of solar power as an energy source. According to a report by the International Energy Agency the only factor that would limit the development of SHC is the scarcity of viable rooftops and ground space that would house the solar collectors at a location that is accessible to the DHC network. However, even with this constraint, it is being speculated that most of the nations across the globe will come to adopt solar power as an energy source to fuel DHC systems across residential, commercial, and industrial establishments.
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Key players across the heat meters market include Landis+Gyr, Kamstrup, Danfoss, Diehl, Itron, Engelman, Wecan, Sontex, Huizhong, Techem, Siemens, Quandis, Ista, Zenner, MWA, Secure Meters, Apator, Axioma, Micronics, Sensus and Weihai Ploumeter.

Glimpse of Table of Content (ToC)
Chapter 5. Heat Meters Market, By Technology
5.1. Heat meters industry share by technology, 2017 & 2024
5.2. Mechanical
5.2.1. Market estimates and forecast, 2013-2024
5.3. Static
5.3.1. Market estimates and forecast, 2013-2024
Chapter 6. Heat Meters Market, By Application
6.1. Heat meters industry share by application, 2017 & 2024
6.2. Residential
6.2.1. Market estimates and forecast, 2013-2024
6.3. Commercial
6.3.1. Market estimates and forecast, 2013-2024 College/University Market estimates and forecast, 2013-2024 Office Buildings Market estimates and forecast, 2013-2024 Government Buildings Market estimates and forecast, 2013-2024 Others Market estimates and forecast, 2013-2024
6.4. Industrial
6.4.1. Market estimates and forecast, 2013-2024 Chemical Market estimates and forecast, 2013-2024 Refinery Market estimates and forecast, 2013-2024 Pulp & Paper Market estimates and forecast, 2013-2024 Others Market estimates and forecast, 2013-2024

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