Press release
Smart Gas Meter Market 2022 Top Key players, Developments 2022 By Corporate Strategy Analysis and Leading Countries Data
Demand Analysis of Smart Gas Meter Market Overview:Smart Gas Meter Market is predicted to grow at a moderate CAGR of 5.1 % during the forecast period covering 2019 to 2028. Smart Gas Meter Market share is estimated to reach a value of nearly US$ 3.05 Billion by 2028.
The "Smart Gas Meter Market" think about 2022, the industry landscape is secured from driving factors to upstream markets and the by and large state of the market. An in-depth examination of the by and large development prospects for the worldwide and regional market was given which was based on an in-depth investigation of key industry players, essential and secondary information.
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Smart gas metres improve operational safety while lowering the costs of gas companies that help drive the market. The deployment of smart gas metres provides significant operational benefits to gas companies, such as the elimination of manually recording monthly readings, continuous pipeline monitoring, and the availability of real-time data, all of which drive smart gas metre adoption. Furthermore, gas utility companies can use real-time data with prioritised alarms to increase safety to new heights. For example, devices and sensors allow gas utilities and municipalities to collect data even from existing residential and commercial metres, which aids in understanding usage patterns and improving operational efficiencies. For example, available sensors monitor pressure and temperature levels, as well as alerting the utility company or customer, enabling quick response.
Smart grids are critical technologies that have modernised gas networks by providing utilities and consumers with information to efficiently manage gas use. Energy utilities around the world are investing more in smart grid technologies that enable automatic monitoring and control of gas consumption, the development of new business models.
Industry Developments-
Itron received a contract from Liberty Utilities Company for Open Way Riva, an Internet of Things (IoT) solution that includes an open, standard-based network for gas, electricity, and water.
According to the United Kingdom's Department of Business, Energy, and Industrial Strategy, households paid an average of GBP 655 for gas in 2019. Gas is used in the homes of approximately 23.5 million people for heating and cooking. According to British Petroleum, the United Kingdom consumed 78.8 billion cubic meters of natural gas in 2019. Following the reduction of GHG emissions, rising gas consumption in household, industrial, and commercial applications around the world is prompting consumers to understand their usage patterns in order to reduce their overall consumption. Smart gas metres lower gas heating system fuel usage, indirectly affecting the growth of a fully automated grid. Smart gas metres are projected to become more popular as a result of these trends.
Competitive and Segmentation Analysis-
As well as giving an outline of effective promoting procedures, market contributions, and later improvements of driving companies, the report moreover offers a dashboard diagram of driving companies' past and display execution. A few strategies and analyses are utilized within the inquire about report to supply in-depth and precise data approximately the Smart Gas Meter Market.
Market Growth Reports lists out all the Smart Gas Meter Market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:, Landis+Gyr, Itron, Honeywell International, Apator Group, and Diehl Metering. Also, Sensus (Xylem), EDMI, Raychem RPG, CHINT, ZENNER, Master Meter, Aclara Technologies, and others.
Report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.
Key Segments
Smart Gas Meter Market By Technology, 2019-2028, (IN USD Billion)
Automated Meter Reading (AMR)
Advanced Metering Infrastructure (AMI)
Smart Gas Meter Market By Type, 2019-2028, (IN USD Billion)
Smart Ultrasonic Gas Meter
Smart Diaphragm Gas Meter
Smart Gas Meter Market By Component, 2019-2028, (IN USD Billion)
Hardware
Software
Smart Gas Meter Market By End User, 2019-2028, (IN USD Billion)
Residential
Commercial
Industrial
Detailed Table of Content
Introduction
Research Scope
Market Segmentation
Research Methodology and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Global Market Overview
Key Market Indicators
Emerging Market Trends
Macro and Micro Economic Factors
Production Process Analysis
Industry SWOT Analysis
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Global Smart Gas Meter Market, by Region
North America (U.S., Canada, Mexico)
Europe (U.K., France, Germany, Spain, Italy, Central and Eastern Europe)
Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
Latin America (Brazil, Rest of L.A.)
Middle East and Africa (Turkey, GCC, Rest of Middle East)
Research Methodology-
Secondary research, primary research, subject matter expert assistance, quality check, and final review were the five phases of the research study on the Smart Gas Meter Market. Market statistics and coherent models were used to assess and forecast market data. Market shares and significant trends were also taken into account when preparing the research. Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis, and Vendor Share Analysis are some of the various data models available.
Highlights of Smart Gas Meter Market:
Market Expansion: Comprehensive information on the product portfolios of the top players in the Smart Gas Meter Market Size.
Product Development/Innovation: Detailed insights on the upcoming technologies, R and D activities, and product launches in the market
Evaluation of Competitors: depth assessment of the market strategies, geographic and business segments of the leading players in the market
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Diversification of the Market: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Smart Gas Meter Market.
Reasons to Purchase this Report
The most recent market developments, market shares, and strategies implemented by the major market players
The market segment that is expected to dominate, as well as the market segment with the highest CAGR throughout the forecast period
The current and future state of the global cryogenic equipment industry in developed and emerging markets
Regions/countries expected to have the fastest growth rates at some point during the forecast period.
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