Press release
Smart Gas Meter Market worth $3.5 Billion by 2022 with a CAGR of 7%
Smart Gas Meter Market
Market Highlights
The Global Smart Gas Meters Market is estimated to be a lucrative market within the upstream oil & gas industry. It Advantages of smart gas meters such as accurate billing, enhanced customer experience, and improved customer service are expected to be the driving factors for Smart Gas Meters Market in developing countries.
Key Players
• Landis+Gyr (Switzerland),
• Itron Inc. (U.S.),
• Apator Group (Poland),
• Honeywell International, Inc. (U.S.),
• Diehl Metering (U.K.),
• Raychem RPG (India),
• Sensus (U.S.),
• Dandong Dongfa Group Co. Ltd. (China),
• EDMI Limited (Singapore), and
• Chongqing Shancheng Gas Equipment Co. Ltd. (China).
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Key Findings
• Residential segment is expected to register the highest market share
• Automatic meter reading segment will dominate the market
• The market is expected to reach USD 3.5 billion during the forecast period.
Smart Gas Meters Market:
The global smart gas meter market is expected to grow at about 7% CAGR during the forecast and reach almost $ 3.5 billion by 2022. The smart gas meter market is expected to grow at a rapid pace primarily due to government roll-outs, and implementations of mandates & policies, in developed economies
Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Smart Gas Meter Market Research Report - Global Forecast to 2022”
Rapid growth in the end users and low differentiation in meter function requirements has shifted the market focus towards commoditization, thereby intensifying the competitive pricing rivalry between key players.
Intended Audience
• Smart Gas Meter manufacturing companies
• Smart Gas Meter service providers
• Energy& Power industry Consultants and Investment bankers
• Government as well as Independent Regulatory Authorities
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Table of content
1. Report Prologue
2. Introduction
3. Definition
4. Scope Of The Study
5. Research Objective
6. Assumptions
7. Limitations
8. Market Structure
9. Market Segmentation
10. Research Methodology
11. Research Process
12. Primary Research
13. Secondary Research
14. Market Size Estimation
15. Forecast Model
16. Market Dynamics
Continue…….
Government mandates are another source of increasing demand acting as a market driver. Government policies specifically in North America, Europe and Asia-Pacific region are targeting maximum roll outs of smart gas meters in households to ensure efficient energy usage. The development of smart grids is widely considered to be a key enabler of the transition towards a low carbon economy.
Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Market Research Future
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