Reports and Data estimates the global Metering devices competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Metering devices during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Sanhua Europe, DunAn, CAREL INDUSTRIES, Castel, VOLGA, Fujikoki Corp., Danfoss Group, Zhejiang DUNAN Artificial Environment co., LTD, Emerson Electric Co., and Parker-Hannifin Corporation, among others..

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Metering devices Overview :-

The global metering devices market size is estimated to grow from USD XX billion in 2019 to USD XX billion in 2027, registering a CAGR of XX% during the forecast years. The market growth is driven by extensive product usage for refrigeration and air conditioning applications. The metering devices were introduced as an evolution in the traditional thermal expansion valve. The product is way more sophisticated, which enables the refrigeration system to work efficiently and accurately. These valves prevent the flooding in refrigerant into the compressor and ensuring the compressor does not breakdown.

Metering devices not only offer better performance but significantly reduce energy consumption. Some of the key benefits offered by these valves include precise control, wider part load variation than thermal expansion valve, maximum capacity control even at part loads, fast & accurate response to load change, the right amount of refrigerant injections, and significant energy saving.

Growing cooling demand from various end-user industries, including commercial, industrial and residential settings, will boost product demand. Estimates suggest that the global air conditioning systems market will witness the installation of more than 137.7 Million units by 2027. This is likely to offer major opportunities for metering devices market share. 

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For the purpose of this report Reports and Data has segmented global Metering devices market on the basis of type, application, and region:

Type Outlook (Revenue, USD Million; 2017–2027)

• Electromagnetic Expansion Valves
• Electric Expansion Valves

Application Outlook (Revenue, USD Million; 2017–2027)

• Air Conditioning
• Refrigeration
• Others

Key Regional Markets Covered in the Report:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

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Key Questions answered by the Report:

• What is the expected year-on-year growth of the Metering devices during the forecast period?
• What key trends are expected influence revenue growth of the market going ahead?
• Which region is expected to account for largest revenue share over the forecast period?
• Which key companies are profiled in the report?

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About Reports and Data 

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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