Global Heat Meters Market to Reach $2.5 Billion by 2030
The global market for Heat Meters estimated at US$1.1 Billion in the year 2022, is projected to reach a revised size of US$2.5 Billion by 2030, growing at a CAGR of 11.6% over the analysis period 2022-2030. Static, one of the segments analyzed in the report, is projected to record 13.4% CAGR and reach US$1.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Mechanical segment is readjusted to a revised 8.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $287 Million, While China is Forecast to Grow at 17.8% CAGR
The Heat Meters market in the U.S. is estimated at US$287 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$657.4 Million by the year 2030 trailing a CAGR of 17.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.1% and 10.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.4% CAGR.Select Competitors (Total 37 Featured) -
- Axioma Metering UAB
- Danfoss
- Diehl
- Elster
- Engelmann
- Ista
- Itron
- Kamstrup
- Landis+Gyr
- Qundis
- Sensus (Xylem)
- Siemens
- Sontex
- Wasion Group
- Zenner
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Axioma Metering UAB
- Danfoss
- Diehl
- Elster
- Engelmann
- Ista
- Itron
- Kamstrup
- Landis+Gyr
- Qundis
- Sensus (Xylem)
- Siemens
- Sontex
- Wasion Group
- Zenner
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 93 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 1.1 Billion |
Forecasted Market Value ( USD | $ 2.5 Billion |
Compound Annual Growth Rate | 10.8% |
Regions Covered | Global |