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North America Cooling Meters Market Share

Report ID: GMI11336
Published Date: Sep 2024
Report Format: PDF

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North America Cooling Meters Market Share

North America Cooling Meters Company Market Share

Strategic collaborations and product reach expansions are some of the key initiatives being undertaken by these companies to strengthen their presence in the global market. Partnerships between the manufacturers and third-party distributors and end users are common to accelerate the adoption of cooling meters. In addition, growing awareness about energy consumption optimization and energy bill reduction will assert a positive influence on the regional industry share.

North America Cooling Meters Market Companies

Eminent players operating in the North America cooling meters industry are:

Badger Meter, Inc.
Danfoss
Diehl Stiftung & Co. KG
Honeywell International Inc.
Itron Inc.
Kamstrup
Landis+Gyr
QMC Metering Solutions
Siemens
Schneider Electric
Xylem

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of North America cooling meters was worth over USD 479.9 million in 2023 and is anticipated to witness 5.3% CAGR from 2024 to 2032, due to rising usage to measure the amount of thermal energy used for cooling in HVAC systems, particularly in buildings or district cooling networks.

The mechanical technology segment in the North America cooling meters industry is anticipated to exceed USD 200 million by 2032, primarily due to cost sensitive applications including residential and small commercial projects.

U.S. cooling meters market is set to exceed USD 415 million by 2032, driven by regulatory, technological, and market factors aimed at improving energy efficiency and reducing cooling costs.

Badger Meter, Inc., Danfoss, Diehl Stiftung & Co. KG, Honeywell International Inc., Itron Inc., Kamstrup, Landis+Gyr, QMC Metering Solutions, Siemens, Schneider Electric, and Xylem