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Ultrasonic Heat Meters Market Trends

Report ID: GMI5784
Published Date: Nov 2024
Report Format: PDF

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Ultrasonic Heat Meters Market Trends

Stringent government regulations mandating the installation of heating units in residential buildings, combined with the demand for affordable sub-metering solutions, are set to drive the adoption of these products. Furthermore, the advanced design of heat meters, which emphasizes cost-effective solutions and intelligent heating infrastructure, is poised to enhance the market landscape for ultrasonic heat meters.

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of ultrasonic heat meters reached USD 2.4 billion in 2024 and is set to grow at a 5.5% CAGR from 2025 to 2034, driven by supportive regulations for carbon emission reductions.

The residential segment is projected to witness a 5.5% CAGR through 2034, led by meticulous planning and monitoring of heat consumption.

The U.S. market is expected to cross USD 200 million by 2034, propelled by rising energy prices and stringent renewable energy targets.

Key players in the market include Apator S.A., Caleffi S.p.a, Danfoss, Diehl Stiftung & Co. KG, iCenta Controls Ltd., ista Energy Solutions Limited, Itron Inc., Kamstrup, Metron FMC, Siemens, Smarthome Srl, ZENNER International GmbH & Co. KG, and QUNDIS GmbH.