Press release
Gas Meters Market Development Analysis 2019–2023 Top Key players like Itron, Dandong Donga Co, Elster GmbH, Diehl Gas Metering GmbH, EDMI Ltd and Apator
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Product Type Outlook and Trend Analysis
Diaphragm segment, among the different product types, is anticipated to dominate the market over the forecast period. The development of the portion is for the most part a direct result of expanding number of residential gas subscriptions for cooking and heating requirements. Turbine gas meters, then again, are anticipated to rise substantially through the estimate time frame. Expanding usage of natural gas for industrial tasks is predominantly boosting the adoption of turbine gas meters.
Application Outlook and Trend Analysis
The residential fragment is the leading among the others and is anticipated to continue dominating over the forecast period. Expanding number of residential gas associations is anticipated to bolster the sales of gas meters for residential needs. However, the industrial fragment is anticipated to enlist the main CAGR through 2024 on the back of expanding usage of natural gas for industrial operations.
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Regional Outlook and Trend Analysis
Asia Pacific is a major market for gas meters. Economic growth in developing economies leading to the increasing usage of LPG as a domestic fuel is booming the sales of gas meters. Industrial growth in upcoming economies leading to increasing usage of natural gas is stoking demand for gas meters. These factors are benefitting the Asia Pacific gas meters market.
Competitive Insights
The leading players in the market are Itron, Dandong Donga Co, Elster GmbH, Diehl Gas Metering GmbH, EDMI Ltd and Apator. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Gas Meters Market is segmented as follows-
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By Product Type:
Diaphragm Gas Meters
Turbine Gas Meters
Rotary Gas Meters
Ultrasonic Gas Meters
Other
By Application:
Residential
Commercial
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
South Africa
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
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