Thermal Energy Flow Metering Solutions Market Scope
Thermal energy flow metering solutions are been in use as heat sensing and measuring component isolated from the unsolidified flow path from their flow stream conducts the heat from the sensing component. Thermal energy flow meter functions independent of pressure, viscosity, and density The temperature difference is calculated to mass flow which is inversely proportional to the conducted heat.
The Thermal Energy Flow Metering Solutions market study is segmented by Type (Insertion, Portable and Inline), by Application (Residential and Commercial) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
ABB Ltd. (Switzerland), Emersion Electric Co. (United States), Ontario (Canada), Fluid Components International (United States), Kamstrup A/S (Denmark), Landis+Gyr AG (Switzerland), Quadlogic Meters Canada, Inc. (Canada), Sage Metering Inc. (United States), Shenitech, LLC (United States) and Siemens AG (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Sierra Instruments, Inc. (United States) and Yokogawa Electric Corporation (Japan).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Thermal Energy Flow Metering Solutions market by Type, Application and Region.
On the basis of geography, the market of Thermal Energy Flow Metering Solutions has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 1 October 2020, Emerson announced it has agreed to acquire Progea Group, an industry-leading provider of industrial internet of things (IIoT), plant analytics, human machine interface (HMI) and supervisory control and data acquisition (SCADA) technologies.
On 15 January 2020 Monterey, California – Sierra Instruments, global leader in mass flow, announces the launch of their RedySmart mass flow meters and mass controllers ideal for BioPharm OEMS. Sierra also announces RedyCompact flow meters and regulators as an ideal upgrade to antiquated rotameters. These thermal instruments employ high-precision MEMS (Micro-Electro-Mechanical Systems) technology utilizing an advanced, ultra-stable no-drift CMOS (Complementary Metal Oxide Semiconductor) sensor. Because of the inherent stability of the thermal sensor design, Sierra offers a unique “Lifetime No-Drift Warranty” on the sensor. This offers a huge advantage in OEM applications where long-term stability is key.
Market Trend
- Advancements In The Adoption Rates Of Wearables In Health Care
- Proliferation Of 5G Activities
Market Drivers
- Increasing Disposable Income
Opportunities
- Rapidly Growing Iot Commercialization And Development Of Smart Cities
Restraints
- Rising Adoption Of Hybrid Metering Systems
Challenges
- Fierce Competitive Pressure
Key Target Audience
Thermal Energy Flow Metering Manufactures, Thermal Energy Flow Metering Solution Providers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others