Market Overview:
The global electromagnetic heat meter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient solutions and the growing awareness about energy conservation. In addition, the increasing adoption of smart meters is also contributing to the growth of this market. Based on type, the global electromagnetic heat meter market can be segmented into one type and split type. The one type segment is expected to account for a larger share of this market than the split type segment during the forecast period. Based on application, this market can be divided into chemical, pharmaceutical, food & beverage, and others segments. The food & beverage segment is projected to register highest CAGR during 2018-2030 owing high adoption rate in developed countries such as UAS., France.
Product Definition:
An electromagnetic (EM) heat meter is a device used to measure the rate of heat flow in a material. The meter determines the amount of energy flowing through a material over time by measuring the change in temperature. EM meters are important for determining how much energy is being lost or gained by a material, which can be helpful in improving energy efficiency.
One Type:
One Type is a technology that uses electromagnetic measurement to measure the heat flow. It has no moving parts, which makes it more reliable and accurate for its application in electronics industry. The One Type technology is used as an alternative to conventional Two-Type and Three-Type technologies.
The global Electromagnetic Heat Meter market size was valued at USD 1,849.1 million in 2016.
Split Type:
The split type is used in electromagnetic heat meter to measure the current and voltage of the electrical components. It has two terminals, one of them is connected to a source of electric power and other terminal measures the amount of heat generated by that particular component.
It’s major applications are in switch mode power supply, electronic controls, automotive electronics among others.
Application Insights:
The market is segmented by application into chemical, pharmaceutical, food & beverage and others. The others segment includes metalworking, oil & gas and automotive industries. Electromagnetic heat meters are used in the aforementioned industries to measure the temperature of processes such as welding or an engine block for maintenance purposes.
Electromagnetic heat meters are also used in various applications across several industry verticals including pulp & paper manufacturing; foundry; glass manufacturing; cement production; mining process monitoring and many more. These products offer benefits such as fast response time while providing accurate results at a glance which makes them suitable for use in these applications over other conventional technologies such as thermocouples or thermal cameras that require additional equipment or expertise to operate properly.
Regional Analysis:
Europe accounted for the largest market share of over 35% in 2017. The region is expected to dominate the global industry over the forecast period owing to high product demand from various end-use industries, such as chemical and pharmaceutical. In addition, increasing R&D activities in Europe are expected to fuel product demand in this region.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to rising awareness about energy-efficient technologies among consumers and rapid industrialization across several countries including China, India, South Korea and Taiwan.
Growth Factors:
- Increasing demand for energy efficient devices
- Rising awareness about the benefits of using electromagnetic heat meters
- Growing number of construction projects worldwide
- Technological advancements in the field of electromagnetic heat meters
- Rising demand from emerging economies
Scope Of The Report
Report Attributes
Report Details
Report Title
Electromagnetic Heat Meter Market Research Report
By Type
One Type, Split Type
By Application
Chemical, Pharmaceutical, Food & Beverage, Others
By Companies
Diehl Stiftung & Co. KG, MaxiFlo, Supmea, Yantai Stark Instrument Co., Ltd., Kaifeng Instrument Co., Ltd., Jiangsu Huahai M & C Technology Co., Ltd., Zhejiang Kaflon Instruments, Shanghai Welltech Automation Co., Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Electromagnetic Heat Meter Market Report Segments:
The global Electromagnetic Heat Meter market is segmented on the basis of:
Types
One Type, Split Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical, Pharmaceutical, Food & Beverage, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Diehl Stiftung & Co. KG
- MaxiFlo
- Supmea
- Yantai Stark Instrument Co., Ltd.
- Kaifeng Instrument Co., Ltd.
- Jiangsu Huahai M & C Technology Co., Ltd.
- Zhejiang Kaflon Instruments
- Shanghai Welltech Automation Co., Ltd
Highlights of The Electromagnetic Heat Meter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- One Type
- Split Type
- By Application:
- Chemical
- Pharmaceutical
- Food & Beverage
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electromagnetic Heat Meter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electromagnetic heat meter is a device that measures the amount of heat generated by an electric current.
Some of the major companies in the electromagnetic heat meter market are Diehl Stiftung & Co. KG, MaxiFlo, Supmea, Yantai Stark Instrument Co., Ltd., Kaifeng Instrument Co., Ltd., Jiangsu Huahai M & C Technology Co., Ltd., Zhejiang Kaflon Instruments, Shanghai Welltech Automation Co., Ltd.
The electromagnetic heat meter market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electromagnetic Heat Meter Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Electromagnetic Heat Meter Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Electromagnetic Heat Meter Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Electromagnetic Heat Meter Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Electromagnetic Heat Meter Market Size & Forecast, 2020-2028 4.5.1 Electromagnetic Heat Meter Market Size and Y-o-Y Growth 4.5.2 Electromagnetic Heat Meter Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 One Type
5.2.2 Split Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Chemical
6.2.2 Pharmaceutical
6.2.3 Food & Beverage
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electromagnetic Heat Meter Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electromagnetic Heat Meter Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 One Type
9.6.2 Split Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Chemical
9.10.2 Pharmaceutical
9.10.3 Food & Beverage
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 One Type
10.6.2 Split Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Chemical
10.10.2 Pharmaceutical
10.10.3 Food & Beverage
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 One Type
11.6.2 Split Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Chemical
11.10.2 Pharmaceutical
11.10.3 Food & Beverage
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 One Type
12.6.2 Split Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Chemical
12.10.2 Pharmaceutical
12.10.3 Food & Beverage
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 One Type
13.6.2 Split Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Chemical
13.10.2 Pharmaceutical
13.10.3 Food & Beverage
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electromagnetic Heat Meter Market: Competitive Dashboard
14.2 Global Electromagnetic Heat Meter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Diehl Stiftung & Co. KG
14.3.2 MaxiFlo
14.3.3 Supmea
14.3.4 Yantai Stark Instrument Co., Ltd.
14.3.5 Kaifeng Instrument Co., Ltd.
14.3.6 Jiangsu Huahai M & C Technology Co., Ltd.
14.3.7 Zhejiang Kaflon Instruments
14.3.8 Shanghai Welltech Automation Co., Ltd