North America Heat Meters Market size is anticipated to showcase around 5% CAGR from 2022 to 2028. Increasing carbon emission concerns along with rising emphasis on the development of efficient energy management technologies will boost the market demand. Heat meters measure heat consumption from heat distribution networks. Favorable government schemes and regulations pertaining to the expansion of renewable heating systems in line with an increasing energy demand will sway the industry outlook.

The COVID-19 outbreak has slightly impacted the industry owing to rising number of infected cases along with imposed lockdowns & limitations. However, the industry has gained momentum due to reductions in infected cases and the resumption of industrial operations. Furthermore, the rising demand for efficient heating systems along with continuous technological advancements will fuel industry dynamics.

North America Market, By Product

Ultrasonic heat meter product segment will rise substantially through 2028, owing to rapid industrialization & urbanization coupled with an increasing adoption of district heating systems. In addition, accurate measurements, dirt resistance, long - term stability, low energy consumption, and durability are some of the features that will positively impact the market demand. Furthermore, increasing consumer shift toward efficient heating units along with increasing instances of extreme climatic conditions will accelerate the industry growth.

North America Market, By Technology

Static heat meters market size will gain remarkable momentum during the forecast timeline, on account of the adoption of automated & advanced building technologies along with government incentives toward the development of sustainable energy systems. In addition, various system design tools, such as RETScreen and REopt, which were developed by the Canadian government and the U.S. Department of Energy, respectively, to cater the requirements will boost the market revenue. Furthermore, growing demand for reliable heating systems coupled with precise data measurements owing to the static measurement of these meters will fuel the industry scenario.

North America Market, By Application

Residential heat meters segment size will increase exponentially till 2028, due to the rising demand for home automation systems in line with effective management of heat consumption pattern. Favorable federal government & organization incentives including taxes and grants to encourage homeowners, municipal leaders, and business owners for the installation of renewable heating & cooling technologies will fuel the market size. Moreover, growing consumer preference for individualized billings for heat consumption measurements of single units from multi story apartments will impel the market demand.

North America Market, By Country

U.S. heat meters market size will witness a significant upsurge over the coming years, attributed to rising focus toward clean energy along with growing infrastructure for advanced heating units. In addition, stringent norms & standards in line with favorable government funds for the expansion of commercial sector will augment the industry landscape. The U.S. heat metering standard aims to support consumers in choosing efficient meters and promote market quality by standardizing an accuracy level for products.

Competitive Industry Landscape

The major players operating across the North America heat meters market include Quadlogic Meters Canada Inc., Siemens, Sontex SA, Danfoss, Sensus, Zenner International GmbH & Co. KG, Diehl Stiftung & Co. KG, Landis + Gyr, and Kamstrup.