The global ultrasonic heat meters market is projected to grow at a considerable rate owing to its low energy consumption, easy installation, hybrid model and high efficiency. The Elf heat meter designed for small buildings and flats have gained considerable impetus owing to their effective environmental compliance and product quality. In addition, the B Meter Hydrocal- M3compact heat meter are deployed across commercial and industrial establishments to ensure efficiency and cost-effective performance.

Heat Meters Market is predicted to witness escalation on account of rapid industrialization, urban planning and increasing focus towards energy efficiency. Digitalization and data analysis through the deployment of IoT devices will further drive the industry growth. For instance, smart meters provide significant cost saving, multiple communication options and monitoring for optimized consumption. Moreover, the installation of grid connected units across residential and commercial establishments will positively influence the business outlook.

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Europe heat meters market will witness significant rise in demand owing to the National legislation on the Energy Efficiency Directive 2012, published in EU member states. The states are mandated to have national regulation based on the EED 2012 implying the installation of measurement devices for individual apartment billing. Furthermore, individualized charges for heating in the residential apartments and installation at commercial construction sites will support the business landscape.

Regulators across Russia are conscientiously focusing towards energy efficiency and developing an efficient smart grid infrastructure. For instance, the regulatory rollout plan across the nation mandates the installation of meters across power plants, substations, and associated participants of the electricity markets and enterprises till 2030. The policy ensures economic, environment efficiency and effective energy utilization that will in turn fuel the heat meters market share.

Digital technologies and IoT integration across domestic distribution networks has induced considerable growth opportunities in the China heat meters market. The industry will escalate on account of the policies stated by the CPC central committee and state council on building strong construction and urban planning. In addition, installation of residential heating meters across extreme climatic regions and adoption of new mandates by the existing residences will further complement the industry outlook.

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Increasing use of energy efficient machinery to optimize production and reduce operational cost, the heat meters allow the industries to achieve their low-cost budgets. These units provide real time data across the site of installation and the entire distribution network which further helps in smart planning and savings. Growing inclination towards operational cost reduction across industries along with provision of real time data monitoring to curtail energy consumption will boost the overall heat meters market size.

The leading players in the heat meters market are Diehl, Kamstrup, Danfoss, Engelman and Landis+Gyr, Itron, Ista, Qundis, Zenner, Sontex, Trend. Continued investment in the technology, R&D and cost-effective product development has been the primary rationale of their secure position across the industry.

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