openPR Logo
Press release

Global Smart Gas Meter Market Growth, Share, Industry Trends & Forecast to 2025

10-31-2019 08:03 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Global Smart Gas Meter Market Growth

Global Smart Gas Meter Market Growth

The global smart gas meter market size was valued at $XX billion in 2018 and is further estimated to reach $XX billion in 2025, exhibiting a growth rate of XX% during the forecast period. The growth is attributed to increasing penetration of smart gas meters in the next few years owing to government regulation and initiatives, rising demand for gas, rising urbanization across the globe. As per the United Nations (UN) in 2018, 55% of the global population lives in urban areas, which is further expected to increase to 68% by 2050.

Request a free sample of our report on Smart Gas Meter Market: https://www.omrglobal.com/request-sample/smart-gas-meter-market

This projection by the UN shows that urbanization combined with the overall growth of the global population could add another 2.5 billion people to urban areas by 2050, with close to 90% of this increase taking place in Asia and Africa. Increasing urban population puts higher pressure on the urban infrastructure for energy saving, and hence the governments of different economies are taking initiatives to meet ever-growing needs of the urban population. The governments of various economies are investing in the smart meter and smart grid projects, which, in turn drives the growth of the smart gas meter market. As per European investment bank, by the end of 2020, the British government has planned to install a smart meter in every home.

A full report of Global Smart Gas Meter Market is available at: https://www.omrglobal.com/industry-reports/smart-gas-meter-market

Some of the key players operating in the global smart gas meter market include Landis+Gyr, Diehl Stiftung & Co. KG, Elster Group (Honeywell International Inc.), Itron Inc., Eaton Corp., and Flonidan A/S. These players are focusing on enhancing their customer base across the globe by bringing new products in the smart gas meter industry. In addition, the companies are receiving approvals and certifications by the government authorities for the commercialization of their product. For instance, in May 2018, Flonidan A/S received the Commercial Product Assurance (CPA) certification for its UniFlo SMETS2 smart gas meters. With this, the company can provide a dual-energy solution to different utilities in UK, that further contribute to the growth in the company’s revenue in the smart gas market.

Global Smart Gas MeterMarket Segmentation

By Equipment Type

Advanced Metering Infrastructure (AMI)
Automated meter Reading (AMR)

By Application

Residential
Industrial
Commercial

Global Smart Gas Meter Market Segment by Region

North America

US
Canada

Europe

Germany
UK
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Latin America
Middle East and Africa

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +1 646-755-7667, +91 780-304-0404

Orion Market Research (OMR) is an Indian market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Smart Gas Meter Market Growth, Share, Industry Trends & Forecast to 2025 here

News-ID: 1858821 • Views:

More Releases from Orion Market Research

Bakeware Market - Industry Trends and Forecast to 2030
Bakeware Market - Industry Trends and Forecast to 2030
The Bakeware Market was valued at approximately USD 4.7 billion in 2023 and is projected to reach around USD 6.5 billion by 2030, growing at a CAGR of 5.6% from 2023 to 2030. Bakeware Market Overview The Bakeware Market is experiencing steady growth, driven by increasing consumer interest in home baking and the rising popularity of artisanal and specialty baked goods. Factors such as lifestyle changes, social media influence, and
Telecom Cloud Market: Emerging Trends and Growth Forecast to 2032
Telecom Cloud Market: Emerging Trends and Growth Forecast to 2032
The Telecom Cloud Market was valued at approximately USD 27.1 billion in 2023 and is projected to reach around USD 134 billion by 2032, growing at a CAGR of over 19% from 2024 to 2032. Telecom Cloud Market Overview The Telecom Cloud Market is experiencing significant growth, driven by the increasing adoption of cloud-based solutions to enhance network capabilities and service offerings. Factors such as the proliferation of smartphones, IoT
5G In Defense Market Overview: Growth, Share, Value, Size, and Scope
5G In Defense Market Overview: Growth, Share, Value, Size, and Scope
The 5G in Defense Market was valued at approximately USD 0.9 billion in 2023 and is projected to reach around USD 2.3 billion by 2028, growing at a CAGR of 19.9% from 2023 to 2028. 5G In Defense Market Overview The 5G in Defense Market is experiencing significant growth, driven by the increasing adoption of advanced communication technologies to enhance military operations. The integration of 5G technology in defense enables
3D Machine Vision Market: An In-Depth Analysis
3D Machine Vision Market: An In-Depth Analysis
The 3D Machine Vision Market was valued at approximately USD 3.62 billion in 2023 and is projected to reach around USD 8.44 billion by 2032, growing at a CAGR of 10.1% from 2024 to 2032. 3D Machine Vision Market Overview The 3D Machine Vision Market is experiencing significant growth, driven by the increasing demand for automation and quality inspection across various industries. The integration of 3D vision systems in manufacturing

All 5 Releases


More Releases for Meter

Ultrasonic Water Meter Market Ultrasonic Water Meter Market
The proposed Ultrasonic Water Meter Market report will encompass all the qualitative & quantitative aspects including the market size, market estimates, growth rates & forecasts & hence will give you a holistic view of the market. The study also includes detailed analysis of market drivers, restraints, technological advancements & competitive landscape along with various micro & macro factors influencing the market dynamics. The Ultrasonic Water Meter Market sample report
Water Meter Market 2021 Growing Demand, Size and Business Outlook- Ningbo Water …
MarketInsightsReports, a leading global market research firm, is pleased to announce its new report on Water Meter market, forecast for 2021-2027, covering all aspects of the market and providing up-to-date data on current trends. The Water Meter Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and
Smart Water Meter Market 2017- SenTec, Badger Meter, Sensus, Aquiba, Itron
Apex Research, recently published a detailed market research study focused on the "Smart Water Meter Market" across the global, regional and country level. The report provides 360° analysis of "Smart Water Meter Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Smart Water Meter industry, and estimates the future trend of Smart
Smart Gas Meter Market Outlook 2017- Trilliant, Sensus, Billion, Wasion, Meter I …
A market study ” Global Smart Gas Meter Market ” examines the performance of the Smart Gas Meter market 2017. It encloses an in-depth Research of the Smart Gas Meter market state and the competitive landscape globally. This report analyzes the potential of Smart Gas Meter market in the present and the future prospects from various angles in detail. The Global Smart Gas Meter Market 2017 report includes Smart Gas Meter
Global Smart Meter Market (Electricity, Gas, Water): By Type - Smart Electricity …
MarketResearchReports.Biz adds “Global Smart Meter Market 2011 Share, Size, Trends and Forecast to 2022 Market Research Report” reports to its database. This report provides a strategic analysis of the Smart Meter market and the growth estimates for the forecasted period. Global rise in energy demand along with the emerging trends in smart grid technologies, integration, and advanced infrastructure along with IoT (Internet of Things) has led to the growth of Smart
Global Smart Water Meter Market 2017 - Arad Technologies, Badger Meter, Elster
The motive of this strategic research report entitled “Global Smart Water Meter Market 2017” is to provide company officials, industry investors and industry members with consequential insights to enable them make reliable strategic decisions regarding the opportunities in the global Smart Water Meter market. Key Notes On Smart Water Meter Market: “Global Smart Water Meter Market 2017” offers crucial insights into the global Smart Water Meter market along with the market size