Press release
Smart Gas Market Growth, Trends and Forecast 2022 to 2027
The Smart Gas market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics have been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio, and recent developments. The Smart Gas Market share and Market size prominent players for 2020 to 2027 are profiled in this report.The Smart Gas Market is expected to register a CAGR of 5.8% over the forecast period 2022 - 2027.
Competitive Landscape: ABB Ltd., Elster Group GmbH, General Electric Company, Itron, Inc., Schneider Electric SE, Oracle Corporation, Sensus, CGI Inc., Aclara Technologies LLC, Aidon Oy, Capgemini SA, Badger Meter and Others
Industry News:
February 2019 -Tata Communications' IoT network ignites the launch of Indraprastha Gas Limited's pre-paid smart gas metering system. It is one of the world's largest LoRaWAN network underpins India's leading natural gas distribution company strategy to boost efficiencies and enhance customer experience.
March 2018- Pietro Fiorentini, a pioneer in NB-IoT for Smart Meters, said it's RSE model Smart Gas Meter with 3GPP NB-IoT enabled connectivity has met European Union approvals. It becomes the first Smart Gas Meter with NB-IoT connectivity on the market to bear the EU's RED (Radio Emission Directive), MID (Measuring Instrument Directive) and ATEX (Installations in Explosive atmosphere) approvals.
Click the link to get a Sample Copy of the Report:
https://www.marketintelligencedata.com/reports/2338106/smart-gas-market-growth-trends-covid-19-impact-and-forecasts-2022-2027/inquiry?Mode=KD6
Scope of the Report:
The increase in the adoption of gas and numerous regulatory policies rolled out in many regions should be perceived as a growth opportunity for the market. In the recent past, Brazil has also rolled out smart gas meters to prevent energy theft providing a positive outlook to the vendors.
However, the high costs of installation associated with smart systems are expected to hinder the market growth. Smart systems are comparatively expensive than the regular equipment deployed by most of the service providers and users, as these systems utilize digital components and connectivity systems that enable them to operate and transmit data, hence, increasing the cost of the solutions like the metering equipment, sensors, and analyzers, etc.
Key Market Trends:
The Commercial and Industrial Application to Increase Significantly
The commercial end-users in the smart gas market are small businesses whose gas consumption requires gas flows and pressure similar to that of the residential segment. The prices for the gases might vary according to the location of the commercial spaces and the availability.
The cost of the gases for commercial use is generally higher than that for domestic use, which further motivates the businesses to adopt smart gas solutions like smart gas meters. The adoption is also supported by the fact that commercial enterprises are preferably located in areas that have better communication and network infrastructure suited for smart meters installation.
Browse the Full report description and TOC at:
https://www.marketintelligencedata.com/reports/2338106/smart-gas-market-growth-trends-covid-19-impact-and-forecasts-2022-2027?Mode=KD6
Europe Expected to Hold a Significant Share
Europe is expected to show significant growth during the forecast period, owing to the various regulatory policies in Europe that led to the positive development of the smart gas market. The United Kingdom currently accounts for the most significant single country share in Europe due to the simultaneous roll-out of energy meters, supported by current infrastructure.
Along with this, the government plans to complete the smart meter roll-out in the country by 2020, which is projected to get delayed beyond 2022, with demand peaking near 2020, owing to the deployment of large-scale projects.
Regional Analysis for Smart Gas Market:
North America, Latin America, Asia-Pacific, Africa, Europe, and others have been studied at length based on various parameters of businesses such as type, size, application, and end-users. The global Smart Gas Market is presented for niche reading. The report presents portfolios of different strategies and the best practices governing businesses. Some applicable sales methodologies have been included in this research report, that could influence business output.
Highlights about Smart Gas report coverage:
- A complete background analysis, which includes an assessment of the Global Smart Gas Market.
- Important changes in Smart Gas market dynamics
- Smart Gas Market segmentation up to the second & third level regional bifurcation
- Historical, current, and projected size of the Smart Gas market with respect to both value (Revenue) and volume (Production & Consumption)
- Reporting and evaluation of recent Smart Gas industry developments
- Smart Gas Market shares and strategies of key players
- Emerging niche Smart Gas segments and regional markets
- An objective assessment of the trajectory of the Smart Gas market
- Recommendations to companies for strengthening their foothold in the Smart Gas market
The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
About Us:
Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.
Contact Us:
Irfan Tamboli (Head of Sales) - MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
Mail to: sales@marketintelligencedata.com
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