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Heat Meters Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

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    Report

  • 270 Pages
  • November 2023
  • Region: Global
  • Fairfield Market Research
  • ID: 5908984
Description Jump to:
The global heat meters market is on the rise, with a market value of approximately $3.09 billion in 2022. It is projected to reach a substantial $4.1 billion by 2032.

Key Drivers of the Heat Meters Market:

  • Rising Electricity Usage: The increasing use of electricity, driven by rapid urbanization and industrial developments, has created a growing demand for heat meters. Governments are also focusing on energy efficiency and climate goals, further boosting the market.
  • Smart Energy Meters: The popularity of smart meters has surged due to their intelligent features, helping consumers monitor energy consumption and optimize it. This trend not only maximizes the use of smart heat meters but also conserves electric power.
  • Government Initiatives: Government initiatives to promote sustainability and energy efficiency, such as investments in energy-efficient technologies, are fueling the demand for heat meters.

Opportunities in the Market:

  • Smart Metering Unit Demand: The demand for static heat meters is rising due to their efficiency and real-time data monitoring capabilities. Static heat meters offer benefits like accurate data measurement, flexibility, reliability, and automated billing technologies, making them a preferred choice among consumers.

Impact of COVID-19:

While the COVID-19 pandemic disrupted progress towards universal energy access, the gradual recovery and increased usage of renewable energy sources are generating access to sustainable energy systems. This is expected to drive the installation of smart metering systems and foster the development of the global heat meters industry.

Challenges Faced by the Market:

  • Data Security Risks: Data security is a major concern in the heat meters market. Data breaches and theft pose significant implications and risks, potentially hindering market growth due to growing privacy concerns and security vulnerabilities.

Regional Insights:

  • Asia Pacific: The Asia Pacific region is experiencing a surge in demand for district heating services, driven by government initiatives and investments in heating infrastructure. Asia Pacific is poised to become a key hub for heat meter manufacturers.
  • North America: North America leads the market due to the availability of advanced products, high energy monitoring requirements, and a developed construction sector. Technological advancements in the field of heat meters are opening doors for opportunities in the region.

Competitive Landscape:

Key companies profiled in the heat meters market include:

  • BMETERS
  • Diehl
  • Kamstrup
  • Siemens
  • Sontex
  • ista Energy Solutions
  • Apator,
  • Secure Meters
  • Micronics
  • Zenner International
  • Landis+Gyr
  • Axioma Metering
  • Danfoss

Key Segments Profiled in the Heat Meters Industry Survey:

Heat Meters by Product:

  • Ultrasonic
  • Vortex
  • Others

Heat Meters by Technology:

  • Mechanical
  • Static

Heat Meters by Application:

  • Residential
  • Commercial
  • Industrial

Heat Meters Market by Region:

  • North America Heat Meters Market
  • Latin America Heat Meters Market
  • Europe Heat Meters Market
  • Asia Pacific Heat Meters Market
  • Middle East & Africa Heat Meters Market


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Table of Contents

1. Executive Summary
1.1. Global Heat Meters Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2022
1.5. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis
3. Production Output and Trade Statistics, 2018-2022
3.1. Global Heat Meters, Production Output, by Region, 2018 - 2022
3.1.1. North America
3.1.2. Europe
3.1.3. Asia Pacific
3.1.4. Latin America
3.1.5. Middle East & Africa
4. Price Trend Analysis, 2018-2022,
4.1. Key Highlights
4.2. Global Average Price Analysis, by Product Type/ Technology/ Application, US$ per Unit
4.3. Prominent Factors Affecting Heat Meters Prices
4.4. Global Average Price Analysis, by Region, US$ per Unit
5. Global Heat Meters Market Outlook, 2018 - 2031
5.1. Global Heat Meters Market Outlook, by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
5.1.1. Key Highlights
5.1.1.1. Ultrasonic
5.1.1.2. Vortex
5.1.1.3. Misc
5.2. Global Heat Meters Market Outlook, by Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
5.2.1. Key Highlights
5.2.1.1. Mechanical
5.2.1.2. Static
5.3. Global Heat Meters Market Outlook, by Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
5.3.1. Key Highlights
5.3.1.1. Residential
5.3.1.2. Commercial
5.3.1.3. Industrial
5.4. Global Heat Meters Market Outlook, by Region, Value (US$ Bn) & Volume (Unit), 2018 - 2031
5.4.1. Key Highlights
5.4.1.1. North America
5.4.1.2. Europe
5.4.1.3. Asia Pacific
5.4.1.4. Latin America
5.4.1.5. Middle East & Africa
6. North America Heat Meters Market Outlook, 2018 - 2031
6.1. North America Heat Meters Market Outlook, by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
6.1.1. Key Highlights
6.1.1.1. Ultrasonic
6.1.1.2. Vortex
6.1.1.3. Misc
6.2. North America Heat Meters Market Outlook, by Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
6.2.1. Key Highlights
6.2.1.1. Mechanical
6.2.1.2. Static
6.3. North America Heat Meters Market Outlook, by Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
6.3.1. Key Highlights
6.3.1.1. Residential
6.3.1.2. Commercial
6.3.1.3. Industrial
6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. North America Heat Meters Market Outlook, by Country, Value (US$ Bn) & Volume (Unit), 2018 - 2031
6.4.1. Key Highlights
6.4.1.1. U.S. Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
6.4.1.2. U.S. Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
6.4.1.3. U.S. Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
6.4.1.4. Canada Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
6.4.1.5. Canada Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
6.4.1.6. Canada Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
6.4.2. BPS Analysis/Market Attractiveness Analysis
7. Europe Heat Meters Market Outlook, 2018 - 2031
7.1. Europe Heat Meters Market Outlook, by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.1.1. Key Highlights
7.1.1.1. Ultrasonic
7.1.1.2. Vortex
7.1.1.3. Misc
7.2. Europe Heat Meters Market Outlook, by Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.2.1. Key Highlights
7.2.1.1. Mechanical
7.2.1.2. Static
7.3. Europe Heat Meters Market Outlook, by Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.3.1. Key Highlights
7.3.1.1. Residential
7.3.1.2. Commercial
7.3.1.3. Industrial
7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Europe Heat Meters Market Outlook, by Country, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.4.1. Key Highlights
7.4.1.1. Germany Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.4.1.2. Germany Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.4.1.3. Germany Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.4.1.4. U.K. Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.4.1.5. U.K. Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.4.1.6. U.K. Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.4.1.7. France Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.4.1.8. France Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.4.1.9. France Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.4.1.10. Italy Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.4.1.11. Italy Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.4.1.12. Italy Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.4.1.13. Turkey Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.4.1.14. Turkey Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.4.1.15. Turkey Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.4.1.16. Russia Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.4.1.17. Russia Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.4.1.18. Russia Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.4.1.19. Rest of Europe Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.4.1.20. Rest of Europe Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.4.1.21. Rest of Europe Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
7.4.2. BPS Analysis/Market Attractiveness Analysis
8. Asia Pacific Heat Meters Market Outlook, 2018 - 2031
8.1. Asia Pacific Heat Meters Market Outlook, by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
8.1.1. Key Highlights
8.1.1.1. Ultrasonic
8.1.1.2. Vortex
8.1.1.3. Misc
8.2. Asia Pacific Heat Meters Market Outlook, by Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
8.2.1. Key Highlights
8.2.1.1. Mechanical
8.2.1.2. Static
8.3. Asia Pacific Heat Meters Market Outlook, by Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
8.3.1. Key Highlights
8.3.1.1. Residential
8.3.1.2. Commercial
8.3.1.3. Industrial
8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Asia Pacific Heat Meters Market Outlook, by Country, Value (US$ Bn) & Volume (Unit), 2018 - 2031
8.4.1. Key Highlights
8.4.1.1. China Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
8.4.1.2. China Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
8.4.1.3. China Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
8.4.1.4. Japan Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
8.4.1.5. Japan Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
8.4.1.6. Japan Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
8.4.1.7. South Korea Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
8.4.1.8. South Korea Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
8.4.1.9. South Korea Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
8.4.1.10. India Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
8.4.1.11. India Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
8.4.1.12. India Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
8.4.1.13. Southeast Asia Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
8.4.1.14. Southeast Asia Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
8.4.1.15. Southeast Asia Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
8.4.1.16. Rest of Asia Pacific Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
8.4.1.17. Rest of Asia Pacific Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
8.4.1.18. Rest of Asia Pacific Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
8.4.2. BPS Analysis/Market Attractiveness Analysis
9. Latin America Heat Meters Market Outlook, 2018 - 2031
9.1. Latin America Heat Meters Market Outlook, by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
9.1.1. Key Highlights
9.1.1.1. Ultrasonic
9.1.1.2. Vortex
9.1.1.3. Misc
9.2. Latin America Heat Meters Market Outlook, by Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
9.2.1.1. Mechanical
9.2.1.2. Static
9.3. Latin America Heat Meters Market Outlook, by Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
9.3.1. Key Highlights
9.3.1.1. Residential
9.3.1.2. Commercial
9.3.1.3. Industrial
9.3.2. BPS Analysis/Market Attractiveness Analysis
9.4. Latin America Heat Meters Market Outlook, by Country, Value (US$ Bn) & Volume (Unit), 2018 - 2031
9.4.1. Key Highlights
9.4.1.1. Brazil Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
9.4.1.2. Brazil Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
9.4.1.3. Brazil Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
9.4.1.4. Mexico Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
9.4.1.5. Mexico Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
9.4.1.6. Mexico Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
9.4.1.7. Argentina Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
9.4.1.8. Argentina Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
9.4.1.9. Argentina Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
9.4.1.10. Rest of Latin America Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
9.4.1.11. Rest of Latin America Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
9.4.1.12. Rest of Latin America Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
9.4.2. BPS Analysis/Market Attractiveness Analysis
10. Middle East & Africa Heat Meters Market Outlook, 2018 - 2031
10.1. Middle East & Africa Heat Meters Market Outlook, by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
10.1.1. Key Highlights
10.1.1.1. Ultrasonic
10.1.1.2. Vortex
10.1.1.3. Misc
10.2. Middle East & Africa Heat Meters Market Outlook, by Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
10.2.1. Key Highlights
10.2.1.1. Mechanical
10.2.1.2. Static
10.3. Middle East & Africa Heat Meters Market Outlook, by Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
10.3.1. Key Highlights
10.3.1.1. Residential
10.3.1.2. Commercial
10.3.1.3. Industrial
10.3.2. BPS Analysis/Market Attractiveness Analysis
10.4. Middle East & Africa Heat Meters Market Outlook, by Country, Value (US$ Bn) & Volume (Unit), 2018 - 2031
10.4.1. Key Highlights
10.4.1.1. GCC Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
10.4.1.2. GCC Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
10.4.1.3. GCC Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
10.4.1.4. South Africa Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
10.4.1.5. South Africa Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
10.4.1.6. South Africa Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
10.4.1.7. Egypt Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
10.4.1.8. Egypt Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
10.4.1.9. Egypt Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
10.4.1.10. Nigeria Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
10.4.1.11. Nigeria Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
10.4.1.12. Nigeria Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
10.4.1.13. Rest of Middle East & Africa Heat Meters Market by Product Type, Value (US$ Bn) & Volume (Unit), 2018 - 2031
10.4.1.14. Rest of Middle East & Africa Heat Meters Market Technology, Value (US$ Bn) & Volume (Unit), 2018 - 2031
10.4.1.15. Rest of Middle East & Africa Heat Meters Market Application, Value (US$ Bn) & Volume (Unit), 2018 - 2031
10.4.2. BPS Analysis/Market Attractiveness Analysis
11. Competitive Landscape
11.1. Application vs Technology Heatmap
11.2. Manufacturer vs Technology Heatmap
11.3. Company Market Share Analysis, 2022
11.4. Competitive Dashboard
11.5. Company Profiles
11.5.1. BMETERS
11.5.1.1. Company Overview
11.5.1.2. Product Portfolio
11.5.1.3. Financial Overview
11.5.1.4. Business Strategies and Development
11.5.2. Diehl
11.5.2.1. Company Overview
11.5.2.2. Product Portfolio
11.5.2.3. Financial Overview
11.5.2.4. Business Strategies and Development
11.5.3. Kamstrup
11.5.3.1. Company Overview
11.5.3.2. Product Portfolio
11.5.3.3. Financial Overview
11.5.3.4. Business Strategies and Development
11.5.4. Siemens
11.5.4.1. Company Overview
11.5.4.2. Product Portfolio
11.5.4.3. Financial Overview
11.5.4.4. Business Strategies and Development
11.5.5. Sontex
11.5.5.1. Company Overview
11.5.5.2. Product Portfolio
11.5.5.3. Financial Overview
11.5.5.4. Business Strategies and Development
11.5.6. ISTA Energy Solutions
11.5.6.1. Company Overview
11.5.6.2. Product Portfolio
11.5.6.3. Financial Overview
11.5.6.4. Business Strategies and Development
11.5.7. Apator
11.5.7.1. Company Overview
11.5.7.2. Product Portfolio
11.5.7.3. Financial Overview
11.5.7.4. Business Strategies and Development
11.5.8. Secure Meters
11.5.8.1. Company Overview
11.5.8.2. Product Portfolio
11.5.8.3. Financial Overview
11.5.8.4. Business Strategies and Development
11.5.9. Micronics
11.5.9.1. Company Overview
11.5.9.2. Product Portfolio
11.5.9.3. Financial Overview
11.5.9.4. Business Strategies and Development
11.5.10. Zenner International
11.5.10.1. Company Overview
11.5.10.2. Product Portfolio
11.5.10.3. Financial Overview
11.5.10.4. Business Strategies and Development
11.5.11. Zenner International
11.5.11.1. Company Overview
11.5.11.2. Product Portfolio
11.5.11.3. Financial Overview
11.5.11.4. Business Strategies and Development
11.5.12. Danfoss
11.5.12.1. Company Overview
11.5.12.2. Product Portfolio
11.5.12.3. Financial Overview
11.5.12.4. Business Strategies and Development
11.5.13. Landis+Gyr
11.5.13.1. Company Overview
11.5.13.2. Product Portfolio
11.5.13.3. Financial Overview
11.5.13.4. Business Strategies and Development
11.5.14. MWA Technology
11.5.14.1. Company Overview
11.5.14.2. Product Portfolio
11.5.14.3. Financial Overview
11.5.14.4. Business Strategies and Development
11.5.15. KROHNE Group
11.5.15.1. Company Overview
11.5.15.2. Product Portfolio
11.5.15.3. Financial Overview
11.5.15.4. Business Strategies and Development
12. Appendix
12.1. Research Methodology
12.2. Report Assumptions
12.3. Acronyms and Abbreviations

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • BMETERS
  • Diehl
  • Kamstrup
  • Siemens
  • Sontex
  • ista Energy Solutions
  • Apator
  • Secure Meters
  • Micronics
  • Zenner International
  • Axioma Metering
  • Danfoss

Methodology

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