The global Heat Meter market is growing

0
147
heat meter market

The increasing adoption of district heating systems coupled with rapid expansion of residential and commercial establishments will foster the heat meters market, that is projected to reach USD 1,218.9 million by 2023.  From an estimated USD 849.1 million in 2018, it will grow at a CAGR of 7.50%. Favorable government policies pertaining to energy efficiency along with growing concerns toward building emissions will favor the product penetration. However, increasing competition from alternative heating technologies and capital cost associated with heat meter operations could act as restraints for the market.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.