Press release
Safety Shut-off Valves for Gas Meters Market Set for Rapid Growth, to Reach $190 Mn by 2025
This report studies the Safety Shut-off Valves for Gas Meters market.
Safety Shut-off Valves for Gas Meters are built-in valves or external placement valves used for gas meter to control to open and close of the gas path.
In the coming years there is an increasing demand for gas meter shut-off valves in the regions of China and Europe that is expected to drive the market for more advanced gas meter shut-off valves. Increasing of residential fields expenditures and government policy will promote the market of the gas meter shut-off valves.
The consumption volume of gas meter shut-off valves is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of gas meter shut-off valves industry may not keep that fast. But it is surely forecasted that the market of gas meter shut-off valves is still promising. At the same time, Europe, occupied 24% production market share in 2017, is remarkable in the global gas meter shut-off valves industry because of their market share and technology status of gas meter shut-off valves.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
The global Safety Shut-off Valves for Gas Meters market is valued at 120 million US$ in 2017 and will reach 190 million US$ by the end of 2025, growing at a CAGR of 6.3% during 2018-2025.
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The major players covered in this report
Itron
Sensus
Elster
Viewshine
AVK
NSF Control
WannuoBaotong
Johnson Electric
HYA
Huake
Teco SRL
Sycontrol
NOK CORPORATION
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
United States
Europe
China
Japan
Southeast Asia
India
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Motorised Valve
Solenoid Valve
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including
Home Use
Commercial
Industrial Application
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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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