Product Code: 5122
The Europe heat meters market is set to witness substantial expansion by 2030 owing to the advent of smart heating solutions. In addition, increasing deployment of effective heating devices across the region is expected to drive industry growth through the forecast timeframe.
Recently, major industry players have been strategically investing in R&D activities, product launches, and mergers & acquisitions to improve their business presence, thereby fostering the Europe heat meters industry outlook. For instance, in July 2022, Daikin industries, a heating systems expert, announced its plans to build a factory in Poland that would manufacture energy-efficient heating equipment. This factory was intended to produce 1.5 million units of heat pumps each year by 2030.
The Europe heat meters market has been bifurcated on the basis of product, application, technology, and country. From the product perspective, the market has been divided into vortex, ultrasonic, and others. The others segment was valued at more than $50 million in 2021.
In the context of country, the Europe heat meters market has been segmented into Poland, Denmark, Russia, UK, Czech Republic, Latvia, Switzerland, Spain, Austria, Lithuania, Estonia, Norway, Italy, Finland, Sweden, and Germany. The market size in Poland is speculated to increase by about 6% by 2030. The market in Russia is anticipated to expand by above $100 million by the end of the review timeline.
Continuous improvement in modern and smart heat monitoring systems is projected to propel the growth of the Czech Republic market. The Europe heat meters market is set to grow at a steady pace in Latvia over the study timeline due to shifting focus toward the adoption of sustainable technologies. Besides, the market size in Switzerland is estimated to rise by more than $80 million by 2030.
In Spain, the market size was worth more than $16 million in 2021. The market in Lithuania is also foreseen to register substantial growth on account of increasing deployment of modern solutions for efficient heat optimization.
Besides, in Estonia, the market is likely to grow at a CAGR of around 6.5% through 2030. In Norway, favorable government investment to support the development of smart heating units is expected to impel the demand for heat meters in the country in the upcoming time period.
Moreover, Italy is poised to capture a considerable share in the Europe heat meters market due to mounting demand for real-time energy monitoring systems. In Finland, the market is set to gain substantial growth backed by significant government efforts to promote renewable development. The market size in Sweden is expected to depict stable growth up to 2030 due to rising demand for energy-efficient heat management solutions in the country.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Methodology
- 1.2 Market definitions
- 1.3 Market estimates and forecast parameters
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Europe heat meters industry 360 degree synopsis, 2018 - 2030
Chapter 3 Europe Heat Meters Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 UK
- 3.1.2 Vendor Matrix
- 3.2 Innovation & technology landscape
- 3.2.1 Diehl Stiftung & Co. KG
- 3.2.2 Axioma Metering, UAB
- 3.2.3 Vital Energi
- 3.2.4 Landis+Gyr
- 3.2.5 Danfoss
- 3.3 Regulatory landscape
- 3.3.1 Europe
- 3.3.1.1 Measuring Instrument Directive
- 3.3.1.2 ISO Standards
- 3.3.1.3 Europe Energy Efficiency Directive 2012/27/ EU
- 3.3.1.4 EU Energy Directives
- 3.3.1.5 UK
- 3.3.1.6 Viability assessment requirements
- 3.3.1.6.1 Heat Network Metering and Billing Regulations, 2014
- 3.3.1.6.2 Heat Trust Scheme
- 3.3.1.7 Germany
- 3.3.1.8 Czech Republic
- 3.3.1.8.1 Other measures for efficient heating and cooling
- 3.3.1.9 Denmark
- 3.3.1.10 Sweden
- 3.3.1.10.1 Long term energy and climate goals
- 3.3.1.10.2 The Energy Framework Agreement and the Energy Commission
- 3.3.1.10.3 The District Heating Act
- 3.3.1.11 Finland
- 3.3.1.11.1 Long term energy and climate goals
- 3.3.1.12 Italy
- 3.3.1.13 Russia
- 3.3.1.13.1 Federal Heat Law
- 3.4 COVID- 19 impact on the industry outlook
- 3.5 Industry impact forces
- 3.5.1 Growth drivers
- 3.5.1.1 Government incentives toward adoption of district heating systems
- 3.5.1.2 Extreme climatic conditions along with growing focus on clean energy directives
- 3.5.2 Industry pitfalls & challenges
- 3.6 Growth potential analysis
- 3.7 Company Market Share
- 3.8 Porter's Analysis
- 3.8.1 Bargaining power of suppliers
- 3.8.2 Bargaining power of buyers
- 3.8.3 Threat of new entrants
- 3.8.4 Threat of substitutes
- 3.9 Competitive landscape, 2021
- 3.9.1 Strategy dashboard
- 3.9.1.1 Diehl
- 3.9.1.1.1 Product Innovation
- 3.9.1.2 Landis+Gyr
- 3.9.1.2.1 Collaboration
- 3.9.1.2.2 Product innovation
- 3.9.1.3 Micronics Ltd.
- 3.9.2 Kamstrup
- 3.9.2.1 Meters UK Ltd.
- 3.9.2.2 Ista International GmbH
- 3.9.2.2.1 Product expansion
- 3.9.2.2.2 Collaboration
- 3.9.2.3 Axioma Metering
- 3.9.2.3.1 Product launch
- 3.9.2.3.2 Product Innovation
- 3.9.2.3.3 Business expansion
- 3.9.2.4 Itron Inc.
- 3.9.2.4.1 Strategic expansion
- 3.9.2.5 Landis+Gyr
- 3.9.2.5.1 Product innovation
- 3.9.2.5.2 Collaboration
- 3.9.2.6 Danfoss
- 3.10 PESTEL Analysis
Chapter 4 Europe Heat Meters Market, By Product
- 4.1 Europe heat meters market share by product, 2021 & 2030
- 4.2 Ultrasonic
- 4.2.1 Europe market from ultrasonic, 2018 - 2030
- 4.2.2 Europe market from ultrasonic, by country, 2018 - 2030
- 4.3 Vortex
- 4.3.1 Europe market from vortex, 2018 - 2030
- 4.3.2 Europe market from vortex, by country, 2018 - 2030
- 4.4 Others
- 4.4.1 Europe market from others, 2018 - 2030
- 4.4.2 Europe market from others, by country, 2018 - 2030
Chapter 5 Europe Heat Meters Market, By Technology
- 5.1 Europe heat meters market share by technology, 2021 & 2030
- 5.2 Mechanical
- 5.2.1 Europe market from mechanical, 2018 - 2030
- 5.2.2 Europe market from mechanical, by country, 2018 - 2030
- 5.3 Static
- 5.3.1 Europe market from static, 2018 - 2030
- 5.3.2 Europe market from static, by country, 2018 - 2030
Chapter 6 Europe Heat Meters Market, By Application
- 6.1 Europe heat meters market share by application, 2021 & 2030
- 6.2 Residential
- 6.2.1 Europe market from residential, 2018 - 2030
- 6.2.2 Europe market from residential, by country, 2018 - 2030
- 6.3 Commercial
- 6.3.1 Europe market from commercial, 2018 - 2030
- 6.3.2 Europe market from commercial, by country, 2018 - 2030
- 6.4 Industrial
- 6.4.1 Europe market from industrial, 2018 - 2030
- 6.4.2 Europe market from industrial, by country, 2018 - 2030
Chapter 7 Europe Heat Meters Market, By Country
- 7.1 Europe heat meters market share by country, 2021 & 2030
- 7.2 Germany
- 7.2.1 Germany market, 2018 - 2030
- 7.2.2 Germany market by product, 2018 - 2030
- 7.2.3 Germany market by technology, 2018 - 2030
- 7.2.4 Germany market by application, 2018 - 2030
- 7.3 Poland
- 7.3.1 Poland market, 2018 - 2030
- 7.3.2 Poland market by product, 2018 - 2030
- 7.3.3 Poland market by technology, 2018 - 2030
- 7.3.4 Poland market by application, 2018 - 2030
- 7.4 Sweden
- 7.4.1 Sweden market, 2018 - 2030
- 7.4.2 Sweden market by product, 2018 - 2030
- 7.4.3 Sweden market by technology, 2018 - 2030
- 7.4.4 Sweden market by application, 2018 - 2030
- 7.5 Denmark
- 7.5.1 Denmark market, 2018 - 2030
- 7.5.2 Denmark market by product, 2018 - 2030
- 7.5.3 Denmark market by technology, 2018 - 2030
- 7.5.4 Denmark market by application, 2018 - 2030
- 7.6 Finland
- 7.6.1 Finland market, 2018 - 2030
- 7.6.2 Finland market by product, 2018 - 2030
- 7.6.3 Finland market by technology, 2018 - 2030
- 7.6.4 Finland market by application, 2018 - 2030
- 7.7 Russia
- 7.7.1 Russia market, 2018 - 2030
- 7.7.2 Russia market by product, 2018 - 2030
- 7.7.3 Russia market by technology, 2018 - 2030
- 7.7.4 Russia market by application, 2018 - 2030
- 7.8 Italy
- 7.8.1 Italy market, 2018 - 2030
- 7.8.2 Italy market by product, 2018 - 2030
- 7.8.3 Italy market by technology, 2018 - 2030
- 7.8.4 Italy market by application, 2018 - 2030
- 7.9 UK
- 7.9.1 UK market, 2018 - 2030
- 7.9.2 UK market by product, 2018 - 2030
- 7.9.3 UK market by technology, 2018 - 2030
- 7.9.4 UK market by application, 2018 - 2030
- 7.10 Norway
- 7.10.1 Norway market, 2018 - 2030
- 7.10.2 Norway market by product, 2018 - 2030
- 7.10.3 Norway market by technology, 2018 - 2030
- 7.10.4 Norway market by application, 2018 - 2030
- 7.11 Czech Republic
- 7.11.1 Czech Republic market, 2018 - 2030
- 7.11.2 Czech Republic market by product, 2018 - 2030
- 7.11.3 Czech Republic market by technology, 2018 - 2030
- 7.11.4 Czech Republic market by application, 2018 - 2030
- 7.12 Estonia
- 7.12.1 Estonia market, 2018 - 2030
- 7.12.2 Estonia market by product, 2018 - 2030
- 7.12.3 Estonia market by technology, 2018 - 2030
- 7.12.4 Estonia market by application, 2018 - 2030
- 7.13 Latvia
- 7.13.1 Latvia market, 2018 - 2030
- 7.13.2 Latvia market by product, 2018 - 2030
- 7.13.3 Latvia market by technology, 2018 - 2030
- 7.13.4 Latvia market by application, 2018 - 2030
- 7.14 Lithuania
- 7.14.1 Lithuania market, 2018 - 2030
- 7.14.2 Lithuania market by product, 2018 - 2030
- 7.14.3 Lithuania market by technology, 2018 - 2030
- 7.14.4 Lithuania market by application, 2018 - 2030
- 7.15 Switzerland
- 7.15.1 Switzerland market, 2018 - 2030
- 7.15.2 Switzerland market by product, 2018 - 2030
- 7.15.3 Switzerland market by technology, 2018 - 2030
- 7.15.4 Switzerland market by application, 2018 - 2030
- 7.16 Austria
- 7.16.1 Austria market, 2018 - 2030
- 7.16.2 Austria market by product, 2018 - 2030
- 7.16.3 Austria market by technology, 2018 - 2030
- 7.16.4 Austria market by application, 2018 - 2030
- 7.17 Spain
- 7.17.1 Spain market, 2018 - 2030
- 7.17.2 Spain market by product, 2018 - 2030
- 7.17.3 Spain market by technology, 2018 - 2030
- 7.17.4 Spain market by application, 2018 - 2030
Chapter 8 Company Profiles
- 8.1 Danfoss
- 8.1.1 Business Overview
- 8.1.2 Financial Data
- 8.1.3 Product Landscape
- 8.1.4 Strategic Outlook
- 8.1.5 SWOT Analysis
- 8.2 ZENNER International GmbH & Co. KG
- 8.2.1 Business Overview
- 8.2.2 Financial Data
- 8.2.3 Product Landscape
- 8.2.4 SWOT Analysis
- 8.3 Axioma Meterin
- 8.3.1 Business Overview
- 8.3.2 Financial Data
- 8.3.3 Product Landscape
- 8.3.4 Strategic Outlook
- 8.3.5 SWOT Analysis
- 8.4 Micronics Ltd
- 8.4.1 Business Overview
- 8.4.2 Financial Data
- 8.4.3 Product Landscape
- 8.4.4 Strategic Outlook
- 8.4.5 SWOT Analysis
- 8.5 Secure Meters Ltd.
- 8.5.1 Business Overview
- 8.5.2 Financial Data
- 8.5.3 Product Landscape
- 8.5.4 SWOT Analysis
- 8.6 Apator S.A.
- 8.6.1 Business Overview
- 8.6.2 Financial Data
- 8.6.3 Product Landscape
- 8.6.4 SWOT Analysis
- 8.7 ista Energy Solutions Limited
- 8.7.1 Business Overview
- 8.7.2 Financial Data
- 8.7.3 Product Landscape
- 8.7.4 SWOT Analysis
- 8.8 Sontex SA
- 8.8.1 Business Overview
- 8.8.2 Financial Data
- 8.8.3 Product Landscape
- 8.8.4 Strategic Outlook
- 8.8.5 SWOT Analysis
- 8.9 Siemens
- 8.9.1 Business Overview
- 8.9.2 Financial Data
- 8.9.3 Product Landscape
- 8.9.4 Strategic Outlook
- 8.9.5 SWOT Analysis
- 8.10 Kamstrup
- 8.10.1 Business Overview
- 8.10.2 Financial Data
- 8.10.3 Product Landscape
- 8.10.4 Strategic Outlook
- 8.10.5 SWOT Analysis
- 8.11 Landis+Gyr
- 8.11.1 Business Overview
- 8.11.2 Financial Data
- 8.11.3 Product Landscape
- 8.11.4 SWOT Analysis
- 8.12 Diehl Stiftung & Co. KG
- 8.12.1 Business Overview
- 8.12.2 Financial Data
- 8.12.3 Product Landscape
- 8.12.4 Strategic Outlook
- 8.12.5 SWOT Analysis
- 8.13 BMETERS Srl
- 8.13.1 Business Overview
- 8.13.2 Financial Data
- 8.13.3 Product Landscape
- 8.13.4 Strategic Outlook
- 8.13.5 SWOT Analysis
- 8.14 Schneider Electric
- 8.14.1 Business Overview
- 8.14.2 Financial Data
- 8.14.3 Product Landscape
- 8.14.4 SWOT Analysis
- 8.15 Itron Inc.
- 8.15.1 Business Overview
- 8.15.2 Financial Data
- 8.15.3 Product Landscape
- 8.15.4 Strategic Outlook
- 8.15.5 SWOT Analysis
- 8.16 Norstrom Metering
- 8.16.1 Business Overview
- 8.16.2 Financial Data
- 8.16.3 Product Landscape
- 8.16.4 SWOT Analysis
- 8.17 Vital Energi
- 8.17.1 Business Overview
- 8.17.2 Financial Data
- 8.17.3 Product Landscape
- 8.17.4 Strategic Outlook
- 8.17.5 SWOT Analysis
- 8.18 Stockshed
- 8.18.1 Business Overview
- 8.18.2 Financial Data
- 8.18.3 Product Landscape
- 8.18.4 SWOT Analysis
- 8.19 Premier Control Technologies Ltd
- 8.19.1 Business Overview
- 8.19.2 Financial Data
- 8.19.3 Product Landscape
- 8.19.4 SWOT Analysis
- 8.20 FLEXIM
- 8.20.1 Business Overview
- 8.20.2 Financial Data
- 8.20.3 Product Landscape
- 8.20.4 SWOT Analysis
- 8.21 Meters UK Ltd
- 8.21.1 Business Overview
- 8.21.2 Financial Data
- 8.21.3 Product Landscape
- 8.21.4 SWOT Analysis