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Ultrasonic Cooling Meters Market Trends

  • Report ID: GMI10938
  • Published Date: Aug 2024
  • Report Format: PDF

Ultrasonic Cooling Meters Market Trends

Ultrasonic cooling meters have no moving parts, which means they are less prone to wear, and tear compared to mechanical meters. This results in significantly lower maintenance costs over time which will positively impact the business dynamics. The durability of ultrasonic meters often translates into a longer operational lifespan. This reduces the frequency of replacements and associated costs, further enhancing their cost competitiveness over the long term. Additionally, introduction of incentives, subsidies, or tax breaks for adopting energy-efficient technologies will enhance the industry growth.

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of ultrasonic cooling meters was worth over USD 869.8 million in 2023 and is expected to register 5.7% CAGR from 2024 to 2032, owing to their need for optimizing energy use and monitoring and managing energy consumption worldwide.

Ultrasonic cooling meters industry from the statics segment is expected to cross over USD 1.3 billion by 2032, due to its high accuracy in measuring flow and energy consumption.

North America ultrasonic cooling meters industry is likely to exceed USD 455.5 million by 2032, due to growing implementation of stringent energy efficiency regulations along with enforcement of building energy codes that mandate the use of precise energy metering in the region.

Danfoss, ista Energy Solutions Limited, Itron Inc., Integra, Kamstrup, Landis+Gyr, Sontex SA, Schneider Electric, Secure Meters Ltd., Smartdhome Srl, Xylem, and ZENNER International GmbH & Co. KG, are some of the major ultrasonic cooling meters companies worldwide.

Ultrasonic Cooling Meters Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 40
  • Countries covered: 22
  • Pages: 400
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