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Europe Heat Meter Market

Europe Heat Meter Market, By Product (Ultrasonic, Vortex, other), By Technology (Mechanical, Static), By Application (Residential, Commercial, Industrial), and By Country (Germany, UK, France, Italy, Spain, and Rest of Europe)-Global Forecast to 2028.

Frequently Asked Questions (FAQ):

A heat meter is an instrument used to measure the thermal energy supplied by a heat source. It measures the flow of the heat transfer medium and the temperature change between the flow and the return.

The heat meter market was valued at USD 0.5731 Billion in 2021 and projected to reach USD 0.8334 Billion by 2028, growing at a CAGR of 5.5% during the forecast period, 2022-2028.

The government encourages smart heat meters to support emission reduction targets as part of energy efficiency optimization. District heating system is becoming more popular due to central heating and the distribution of heat to individual apartments and commercial buildings.

The Covid-19 pandemic is impacting the heat meter industry significantly. Many manufacturers are expected to reduce production due to factory closures. Heat meters are used in several industries to measure the boiler output of heating systems and cooling units’ cooling output.

In Feb 2021, the MID certificate confirmed that Qalcosonic E4 meters had met the highest metrological standards. This certificate was the testing laboratory of the Lithuanian energy institute and issued by the registered body of thermal equipment research. Axioma has begun mass production of the latest Qalcosonic E4 ultrasonic heat meter with composite flow components. Therefore, they are ready for commercial use.

Germany captured the largest market share in 2021 and is estimated to grow significantly during the forecast period, 2022-2028.

Companies include operator s.a, Axioma metering, b meter, Diehl Stiftung & co., Danfoss, Engelman, Itron inc, insta energy solution ltd., kamstrup, Micronics ltd., simens, secure meter ltd., sontex, Schneider electric, others prominent players in the heat meter market.

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