Press release
Intelligent Gas Meter Market Share 2022: Global Key Findings, Industry Demand, Regional Analysis, Key Players Profiles, Future Prospects and Forecasts to 2026 - Elster Group GmbH, Itron, Flonidan, Landis+Gyr, Sensus
The Intelligent Gas Meter Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report. The market report additionally gives a to-the-point evaluation of the techniques and plans of action that are being executed by the players and companies to contribute to the Intelligent Gas Meter market growth.The Global Intelligent Gas Meter Market Size is Projected to Reach at a CAGR of 10% during 2022-2026.
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Market Overview:
Increasing demand for data among end-users drives the smart gas meter installation. According to the Department of Business Energy and Industrial Strategy United Kingdom, households paid an average of GBP 655 for gas in 2019. Approximately 23.5 million people use gas for heating and cooking in their homes. According to British Petroleum, the United Kingdom's natural gas consumption accounted for 78.8 billion cubic meters in 2019. In the wake of reducing GHG emissions, the increasing gas consumption across the household, industrial and commercial applications worldwide are prompting consumers to know their usage pattern to reduce their overall consumption and bills.
Top Leading Companies:
Elster Group GmbH, Itron, Flonidan, Landis+Gyr, Sensus, Apator Group, ZENNER, Diehl Metering, Yazaki Corporation, Schneider Electric, EDMI, MeterSit, China-goldcard, Innover, Viewshine, SHANXI AEROSPACE POWER, Suntront Tech
Recent Development:
May 2020: Itron Inc. announced a collaboration with EDMI Limited to develop and launch a SMETS2-compliant gas meter in the United Kingdom in order to address the growing demand in the region by bringing to market a complete solution to safely and reliably manage natural gas delivery.
March 2020: Tata Communications announced the partnership with Mahanagar Gas Limited (MGL) to install 5,000 smart gas meters in Mumbai, India. The IoT network provided by tata Communication will connect to MGL's smart gas meters allowing businesses and households to monitor gas usage. Using the network, MGL will be monitor and identify problems of the gas meters and track usage using LoRaWAN technology.
Intelligent Gas Meter Market Segmentation by Type:
Diaphragm
Turbine
Rotary piston
Thermal mass flow
Ultrasonic
Intelligent Gas Meter Market Segmentation by Application:
Residential
Commercial
Industrial
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Asia Pacific to Hold Significant Market Growth
The Asia Pacific accounts to hold significant market growth in the coming period. According to China's 13th Five-Year Plan (2016 to 2020), the country will further advance its natural gas development by 2020, where the proportion of gas used as a primary energy source will rise to 9-10% from 5.9% in 2015.
The pipeline network is anticipated to expand by 40,000 km in China, with an annual growth rate of approximately 10%. Moreover, natural gas services will be delivered to a 470 million population, 42% more than 140 million baselines, providing annual growth of 10% (source GSMA). China will import more natural gas, further strengthen its peak-load regulation infrastructure, and digitalize urban natural gas services to achieve such objectives.
Regional Intelligent Gas Meter Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Frequently Asked Questions:
What are the key factors driving Intelligent Gas Meter market expansion?
What will be the value of the Intelligent Gas Meter market during 2022- 2026?
Which region will make notable contributions towards Intelligent Gas Meter market revenue?
What are the key players leveraging Intelligent Gas Meter market growth?
Highlights of the Intelligent Gas Meter Market Report:
Detailed overview of Intelligent Gas Meter Market
Changing the Intelligent Gas Meter market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Intelligent Gas Meter market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Intelligent Gas Meter Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
Finally, the Intelligent Gas Meter Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Intelligent Gas Meter industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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