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Smart Gas Meter Market Report 2021 - Global Share, Key Players, Segmentation Analysis, Business Growth and Forecast to 2027 | Key Players - Landis+Gyr, Itron, Honeywell International, Apator Group, Diehl Metering, Elster Group, Southern California

10-28-2021 12:48 PM CET | Energy & Environment

Press release from: UnivDatos Market Insights (UMI)

Smart Gas Meter Market

Smart Gas Meter Market

A comprehensive overview of the Global Smart Gas Meter Market is recently added by UnivDatos Market Insights to its humongous database. The report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the smart gas meter market globally. This report offers a detailed analysis of the latest industry developments and trending factors that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the Global Smart Gas Meter Market at regional and country levels. The Global Smart Gas Meter Market is expected to grow at a CAGR of 6.75% from 2021-2027 to reach USD 6.11 billion by 2027.

Market Overview
Global market for smart meter is expected to witness healthy growth, on account of rising demand for natural gas, surging capital expenditure on gas infrastructure, increased focus on development of sufficient and efficient gas distribution networks, and technological advancements. Demand for the smart gas meter is expected to improve significantly in the future, driven by the strong capital investment in gas infrastructure to meet the growing production and supply of natural gas globally. For instance, European Union (EU) has announced a mandate which requires utility companies or DISCOMS of all member states to provide smart metering solutions to 80% of their electricity consumers by 2020. Furthermore, in 2008, the UK government announced an investment of US$ 19.5 billion to deploy 53 million smart electric and gas meters in homes and businesses by 2019. However, the deadline for the completion of the project was extended to 2020 to accommodate technological challenges. It is further estimated that market for smart meters in the Central and Eastern Europe alone would reach US $10.3 billion by 2023.

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COVID-19 Impact
Covid-19 pandemic have impacted all section of the society and industry and Smart Gas Meter market is no exception. The global demand for smart gas meter decreased in 2020 and is expected to witness the trend in the FY2021. Covid-19 pandemic has resulted in slow growth of the energy and power sector in most of the economies globally, as many countries are resorting to nationwide lockdowns to prevent a spread of the virus.

Global Smart Gas Meter Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

By Technology, the market is primarily bifurcated into:
• Automated Meter Reading (AMR)
• Advanced Metering Infrastructure (AMI)

Advanced Metering Infrastructure (AMI) segment dominated the Global Smart Gas Meter Market in in 2020.

By Type, the market is mainly segmented into:
• Smart Ultrasonic Gas Meter
• Smart Diaphragm Gas Meter

Amongst type, the Smart Diaphragm Gas Meter dominated the market in 2020. Demand for Smart Diaphragm Gas Meter is expected to increase to cater to the increasing demand for gas among residential and commercial sector.

Request Sample Copy of this Report @ https://univdatos.com/get-a-free-sample-form-php/?product_id=6385

By Component, the market is primarily studied into:
• Hardware
• Software

Increasing demand for precise gas meter is expected to drive the market for hardware segment. For instance, in 2017, Diehl Metering partnered with NEC Europe to integrate metering systems in its Smart City Platform (CCOC). Hardware component accounted for more than 70% share in 2020.

By End-User, the market is primarily studied into:
• Residential
• Commercial
• Industrial

Currently residential segment dominates the market and is expected to maintain its dominance during the analyzed period. In the Netherlands, the government has announced its plans to deploy smart metering solutions and replace more than 7.5 million electric meters and 7 million gas meters throughout the country by the end of 2017.

Request Sample Copy of this Report @ https://univdatos.com/get-a-free-sample-form-php/?product_id=6385

Global Smart Gas Meter Market Geographical Segmentation Includes:
• North America (United States, Canada, Rest of North America)
• Europe (Germany, United Kingdom, France, Netherlands, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific)
• Rest of World

Based on the estimation, North America dominated the market in 2020, and is expected to maintain its dominance during the forecast period. Several countries have endorsed legislation mandating adoption of smart metering solution as part of broader clean energy initiatives and Europe is one of the major regions which is driving the demand for smart metering solutions including smart gas meter.

The major players targeting the market includes:
• Honeywell International
• Itron
• Landis+Gyr
• Apator Group
• Diehl Metering
• Elster Group
• Southern California
• DTE Energy
• American Gas Association
• Badger Meter

Competitive Landscape
The degree of competition among prominent companies has been elaborated by analyzing several leading key players operating globally. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Global Smart Gas Meter Market. The major players have been analyzed by using research methodologies for getting insight views on market competition.

For more informative information, please visit us @ https://univdatos.com/report/smart-gas-meter-market/

Key questions resolved through this analytical market research report include:
• What are the latest trends, new patterns, and technological advancements in the Global Smart Gas Meter Market?
• Which factors are influencing the Global Smart Gas Meter Market over the forecast period?
• What are the global challenges, threats, and risks in the Global Smart Gas Meter Market?
• Which factors are propelling and restraining the Global Smart Gas Meter Market?
• What are the demanding global regions of the Global Smart Gas Meter Market?
• What will be the market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by the companies?

We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature. Please let us know If you have any custom needs.

Final Report will add the analysis of the impact of COVID-19 on this industry.”
In the highly import dependent Indian medical devices market, a large number of indigenous manufacturers of syringes & needles have managed to come up. However, it does not mean that imports are low for this market. Imports, as in the case with other medical devices, are quite high but the domestic manufacturers have been able to tap foreign markets through increasing exports. The target base of consumers is growing steadily which is expected to significantly boost sales in the market.

The report provides a snapshot of the syringes & needles market. It begins with the introduction section which mentions the features and uses of syringes & needles along with a brief description of the various phases in their development. The market overview section provides an insight into the market and highlights the market size. Import and export figures for syringes & needles, both in terms of volume and value have been provided in the next section. It also includes the regional break-up of the imports and exports.

An analysis of the drivers explains the factors leading to the growth of the market which include increasing need of insulin doses, increasing demand for vaccines, improving health infrastructure, growing incidence of diseases, changing demographics and health check-up packages. Some of the major challenges to the market are illegal recycling of syringes & needles and problems associated with usage. Government legislation in the market has been discussed in the next section.

The competition section highlights the features of the major players operating in the market. A brief profile of the major domestic and foreign players in the market along with their financials has been included in this section.

For more informative information, please visit us @ https://univdatos.com/report/smart-gas-meter-market/

A section providing strategic recommendations has been given at the end of the report which gives effective solutions to existing and potential players for improving market share and increasing profitability. The Market report answers the following questions:

What is the aim of the report?
• The market report presents the estimated market size of Smart Gas Meter Market by the end of forecast period. Additionally, the historical and current market size is also examined in the report.
• Based on various indicators, the Year on Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.
• An overview of the Market based on geographical scope, market segmentation and financial performance of key players is presented in the report.
• The report presents current trends in the industry and future scope of the Market in North America, Asia Pacific, Europe, Latin America and Middle East and Africa.
• The various parameters accelerating the growth of Market are incorporated in the research report.
• The report analyzes growth rate, market size and valuation of the Market during the forecast period.

What aspects regarding the regional analysis Market are included in this report?
• Geographical regions covered in the report include North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
• The report consists of detailed region-wise analysis of current and future market trends, providing information on product usage and consumption.
• The growth rate of the market in every region, including their countries over the forecast period is included in the market report.
• Based on what factors are the key market players assessed in this report?
• The report offers detailed analysis of leading companies in the market across the globe.
• It provides details of the major vendors involved in the Market including Key Players
• A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and
• the manufactured products is incorporated in the report.
• The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
• The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

What is the key information extracted from the report?
• Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
• The report offers the present scenario and future growth prospects Market in various geographical regions.
• The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
• The SWOT analysis is conducted along with Porter's Five Force analysis.
• The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.

Contact
UnivDatos Market Insights
Pawnendra Pawan
Client Development Lead
Ph: +91-7838604911
Email: pawnendra@univdatos.com
Website: https://univdatos.com/

About UnivDatos Market Insights
UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.

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