Press release
Smart Gas Meter Market Development Strategy, Future Plans Analysis And Outlook 2018 -2023| Global Leaders: Landis+Gyr (Switzerland), Itron Inc. , Sensus, Honeywell International, Inc.| Industry Analysis Report Forecast to 2023
The prime objective of Smart Gas Meter Market is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth.Market Scenario
Significant increase in government roll out of smart gas meters in households and commercial application (relatively controlled) in recent times to spread awareness regarding smart and efficient usage and production of energy has been a key growth factor for the smart gas meter market. EU alone has made big strides in the government roll outs with 1.5 million smart gas meter already installed in households. United States and Asia-Pacific are other prominent regions with immense scope of development in smart gas meters market with government mandates playing a significant role. Major players such as Elster, GE Energy, Itron, Landis+Gyr, and Sensus are playing a significant role in the development of significant infrastructure required for the implementation of smart grids at ground level.
Major promotion of smart gas meters by the government has resulted in a successful conclusion of the first phase of smart gas meter implementation in many countries. There is still a long way to go to make this initiative customer friendly.
Key Players:
• Landis+Gyr
• Itron Inc.
• Honeywell International, Inc.
• Diehl Metering
• Sensus
• Dandong Dongfa Group Co. Ltd.
• EDMI Limited
• Chongqing Shancheng Gas Equipment Co. Ltd.
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Industry/ Innovation/ Related News:
January 16, 2018 – Landis+Gyr announced the release of Command Center 7.2, the latest version of its operating platform for the company’s Advanced Metering Infrastructure (AMI) networks. Command Center 7.2 lays the groundwork for the next generation of IoT connectivity on the building in support for new devices and management of peer-to-peer communications on the network. It also enables enhanced integration with other utility software products.
Smart Gas Meter Global Market - Segments
For the convenience of the report and enhanced understanding; MRFR Analysis is been segmented in to 3 key dynamics;
By Product : Comprises Diaphragm, Turbine. Rotary among other.
By Application : Residential and Commercial.
By Regions : North America, Europe, APAC and Rest of the World.
Global Smart Gas Meter Market - Competitive Analysis
The global smart Gas Meter market appears to be highly competitive and diversified with the presence of many well established players having regional and global presence.Innovation, mergers & acquisitions, and brand reinforcement remain the key trends for leading players in the smart camera market.
Table of Content:
Intreduction:
• Definition 13
• Scope Of The Study 13
• Assumptions 13
• Market Structure 14
Market Dynamics
• Drivers 20
• Government Roll Outs 20
• Demand/Needs For Efficient Energy Usage 22
• Focus On Customer Service And Government Mandates 22
• Restraints 22
• Adaptability 22
• Opportunities 23
• Developing Nations 23
• Technological Development 23
Smart Gas Meter Global Market - Regional Analysis
Both North America and Europe are estimated to hold a dominating share within the smart gas meter market. U.S. is another major market for Smart Gas Meters. Government policy mandates and fiscal incentives have been the primary drivers for the demand for Smart Gas Meters. Also, the region is the hub of major manufacturers which has the positive influence on the growth of the market. During the forecast period Government policy mandates and fiscal incentives have been the primary drivers for the demand for Smart Gas Meters. European region is expected to have the fastest growth in next half a decade. However, Asia-Pacific region is also projected to register a considerably high growth rate during the forecast period. Increasing investments on account of government initiatives and roll-outs is expected to be a major driving factor for the growth of the European market.
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