Smart Gas Market Current Analysis And Trends 2019-2026: By ABB, Aclara Technologies, Badger Meter, Capgemini, CGI, Diehl Stiftung & Co. KG, Elster Group SE, General Electric Company, International Business Machines Corporation, Itron, Oracle

In Smart Gas Market report, market analysis estimates the expected rise, growth or fall of the product in the specific forecast period. Moreover, competitive analysis gives an obvious idea about the strategies used by the major competitors in the market which perks up their penetration in the market. This report is an essential document for every market enthusiast, policymaker, investor, and player. This Smart Gas Market report has a chapter on the Global Smart Gas Market and all its associated companies with their profiles, which gives valuable data related to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies.

This Smart Gas Market research report delivers all-inclusive analysis of the market structure along with forecast of the diverse segments and sub-segments of the market. This market report is an excellent resource that provides current as well as upcoming technical and financial details of the Information and Communication Technology industry to 2025. This Smart Gas Market report represents all-inclusive professional study of the Information and Communication Technology industry which focuses on primary and secondary drivers, market share, competitor analysis, leading segments and geographical analysis. In addition, this Smart Gas Market report also provides top to bottom estimation of the market with respect to income and developing business sector.

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Major Market Competitors/Players

Few of the major competitors currently working in the smart gas market are

• ABB (Switzerland),

• Aclara Technologies LLC (U.S.),

• Badger Meter, Inc. (U.S.),

• Capgemini (France),

• CGI Inc. (Canada),

• Diehl Stiftung & Co. KG (Germany),

• Elster Group SE (Germany),

• General Electric Company (U.S.),

• International Business Machines Corporation (U.S.),

• Itron, Inc. (U.S.),

• Landis+Gyr (Switzerland),

• Oracle (U.S.),

• Schneider Electric (France),

• Sensus (U.S.),

• Silver SpringNetworks (U.S.),

• Verizon (U.S.),

• (Germany),

• IBM Corporation (US),

• Emerson Electric (US),

• Honeywell International Inc. (US),

• Yokogawa Electric Corporation (Japan),

• are few among others.

Market Analysis: Global Smart Gas Market

Global Smart Gas Market is expected to rise from its initial estimated value of USD 14.22 billion in 2018 to an estimated value of USD 38.35 billion by 2026, registering a CAGR of 13.2% in the forecast period of 2019-2026. This rise in market value can be attributed to increasing levels of adoption of t of smart gas systems in the industrial sector.

Key Developments in the Market:

• In April 2019, Alon Gas Mulling Merged With Tamar Petroleum. With this merger tamar petroleum will expand its business in Israel.

• In Jan 2018, Itron, Inc. Acquired Silver Spring Networks. This acquisition enhanced tron’s capabilities and advanced its strategy of delivering highly-secure, value-generating solutions for utilities, smart cities and the broader industrial IoT sector.

Market Definition:

The smart gas devices are very helpful in monitoring solution for gas utilities deals remotely. These devices play a very important role in tracking asset performance which provides real-time data during gas operations. The smart meters help in capturing, storing, and transmitting meter data to the main server. The growing demand for the energy demand globally, rapid urbanization and technological advancements are driving the market for global smart gas.

Market Drivers:

• Increasing demand for mobile electronic devices that have the capabilities to control the various devices and have a modern display from the various events and conferences is also expected to drive the market growth

• Rapid urbanization and technological advancements are driving the market for global smart gas.

• There is increase in global energy demand that is expected to drive the market growth.

• There is increase in amount of economic and regulatory support that is also driving the market growth.

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Segmentation: Global Smart Gas Market

By Components

• Sensor
• Machine Vision Systems
• Robotics
• Control Device
• Communication Segment
• Other Components

By Technology

• Information Technology

o Human Machine Interface
o Enterprise Manufacturing Intelligence
o Plant Asset Management
o Manufacturing Execution System
o Warehouse Management System
o Industrial Communications
o Other Information Technologies

• Enabling Technology

o Ar And Vr In Manufacturing
o Collaborative Robots
o Industrial Machine Vision
o Machine Condition Monitoring
o Artificial Intelligence (AI) in Manufacturing
o Industrial 3d Printing
o Automated Guided Vehicle
o Digital Twin
o Industrial Cybersecurity
o Industrial Internet of Things (IoT)

By End User

• Discrete Industry

o Defense
o Medical Devices
o Automotive
o Semiconductors & Electronics
o Machine Manufacturing
o Aerospace
o Others Discrete Industries

• Process Industry

o Pulp & Paper
o Metals & Mining
o Pharmaceuticals
o Oil & Gas
o Energy & Power
o Chemicals
o Food & Beverages
o Other Process Industries

By Deployment Mode

• Cloud
• On-Premises

By Geography

• North America

• South America

• Europe

• Asia-Pacific

• Middle East and Africa

Competitive Analysis

Global smart gas market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of smart gas market for Global, Europe, North America, Asia-Pacific and South America.

Key Insights in the report:

• Complete and distinct analysis of the market drivers and restraints
• Key market players involved in this industry
• Detailed analysis of the market segmentation
• Competitive analysis of the key players involved

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