Press release
Smart Gas Meter (Intelligent Gas Meter) market is growing at a CAGR of 5.1% during 2018-2025
This report studies the global Smart Gas Meter (Intelligent Gas Meter) market status and forecast, categorizes the global Smart Gas Meter (Intelligent Gas Meter) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
Smart Gas Meter is a new type measuring instrument, adopting microcomputer program control, automatic compensation of ball valve, other high technology, integrates measuring, prepayment, automatic control and other functions, which can be widely used in measuring control for manufactured gas, natural gas, liquefied gas and other various pipe gases.
AMR is the most common type with more than 80% market share in 2016. It was developed initially and is less expensive than AMI, and hence, has the larger market size. The AMI market grew at the highest rate because of its advanced technology.
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Europe occupied 29.31% of the production market in 2016. It is followed by China and North America, which respectively account for around 25.57% and 23.85% of the global total industry. Other countries have a smaller amount of production. Geographically, North America was the largest consumption market in the world, which took about 27.46% of the global consumption volume in 2016, but Europe would account for the largest market in 2022.
For price trend analysis, a key variable in the performance of Smart Gas Meter producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
For forecast, the global Smart Gas Meter revenue would keep increasing with annual growth rate with 3~8%. We tend to believe that this industry still has a good future, considering the current demand of Smart Gas Meter.
The global Smart Gas Meter (Intelligent Gas Meter) market is valued at 2370 million US$ in 2017 and will reach 3520 million US$ by the end of 2025, growing at a CAGR of 5.1% during 2018-2025.
The major manufacturers covered in this report
Elster Group GmbH
Itron
Flonidan
Landis+Gyr
Sensus
Apator Group
ZENNER
Diehl Metering
Yazaki Corporation
Schneider Electric
EDMI
MeterSit
China-goldcard
Innover
Viewshine
Shaanxi Aerospace Power
Suntront Tech
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Rest of Asia-Pacific
Europe
Germany
Read Comprehensive Overview of Report @ https://www.qyresearchreports.com/report/global-smart-gas-meter-intelligent-gas-meter-market-professional-survey-report-2018.htm
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Automatic Meter Reading (AMR)
Advanced Metering Infrastructure (AMI)
By Application, the market can be split into
Residential
Commercial
Industrial
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