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Europe Commercial Cooling Meters Market Trends

Report ID: GMI11575
Published Date: Sep 2024
Report Format: PDF

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Europe Commercial Cooling Meters Market Trends

Utilities and energy service companies (ESCOs) are increasingly adopting cooling meters for district cooling systems and extensive energy metering projects. Vortex meters, known for their high accuracy across a diverse range of fluids, are proving to be optimal for district cooling networks. These networks are responsible for distributing cooling to various commercial buildings and residential complexes. Additionally, the versatility of these meters—capable of handling water, steam, or gases empowers utility providers to efficiently monitor and bill energy consumption, thereby shaping the business landscape.

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

European market for commercial cooling meters reached USD 56.7 million in 2023 and is projected to expand at a CAGR of 6.4% through 2032, driven by the increasing demand for efficient energy consumption measurement in HVAC systems.

The vortex segment is set to reach more than USD 15.5 million by 2032, due to their robustness, reliability, and accuracy in measuring the flow of liquids, gases, and steam, particularly in challenging environments.

Germany commercial cooling meters market is likely to exceed USD 4 million by 2032, on account of regulatory requirements, energy efficiency initiatives, and the increasing demand for smart building solutions.

Some of the major players in the commercial cooling meters industry includes Axioma Metering, BMETERS, Diehl Stiftung & Co. KG, Danfoss, ista Energy Solutions, Kamstrup, Landis+Gyr, Schneider Electric, Siemens, Sontex.