openPR Logo
Press release

Gas Meters Market Analysis by Global Segments, Growth, Size and Forecast 2024

09-12-2017 12:21 PM CET | Energy & Environment

Press release from: Transparency Market Research-Energy & Mining

Gas Meters Market Analysis by Global Segments, Growth, Size

Most of the companies in the global market for gas meters operate at regional level. Led by Elster Group GmbH, Itron Inc., and Dandong Dongfa Co. Ltd., this market demonstrates a highly competitive nature, states a new study by Transparency Market Research (TMR). In 2015, these three companies collectively accounted for 33.4% of the overall market.

Browse Market Research Report: http://www.transparencymarketresearch.com/gas-meters-market.html

These gas meters manufacturers are striving to improve in regional and the global markets and are aggressively focusing on product innovation. Analysts at TMR expect the degree of competition within this market to remain high over the next few years.

According to the research report, the global market for gas meters presented an opportunity worth US$2.3 bn in 2015. Increasing at a CAGR of 8.10% during the period from 2016 to 2024, the market is likely to reach a value of US$4.7 bn by the end of the forecast period. The demand for diaphragm gas meters is higher than other products and is expected to remain so over the years to come, states the market study.

Increasing Industrialization to Boost Asia Pacific Gas Meters Market

The report also presents a regional analysis of the worldwide market for gas meters. As per the report, Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa are the prime regional markets for gas meters across the world. Among these, Asia Pacific has acquired the leading position in the overall market and is expected to remain dominant throughout the forecast period, thanks to the increasing industrialization in this region. China, Japan, Australia, India, and the ASEAN countries have surfaced as the leading domestic markets for gas meters in Asia Pacific. The rising consumption of natural gas in Asia Pacific is projected to propel this regional market substantially in the years to come.

Get TOC Of This Report @ http://www.transparencymarketresearch.com/report-toc/2090

Europe is also expected to witness healthy growth in the demand for gas meters over the next few years on account of the rising enforcement of stringent regulations regarding the usage of smart meters and the increasing uptake of natural gas as primary fuel. The U.K., France, Germany, Italy, and Russia are expected to lead the Europe market for gas meters, states the report.

Increasing Enforcement of Favorable Regulations to Propel Global Gas Meters Market

“The growing usage of natural gas as a primary energy source is the key factor behind the growth of the global gas meters market,” states the author of this report. With natural gas replacing crude oil in a number of applications, its consumption across the residential, commercial, and industrial sectors has increased tremendously, which is reflecting on the growth of this market greatly.

Get accurate market forecast and analysis on the Gas Meters market. Request a sample to stay abreast on the key trends impacting this market @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2090

On the flip side, the incompetence of gas meters in managing large data volumes generated from smart gas meters, high initial and switching costs, and the rising uptake of hybrid metering systems may restrict the rise of this market to some extent over the forthcoming years. However, the rising enforcement of favorable regulations and laws regarding adoption of smart meters is anticipated to boost this market considerably in the years to come, notes the study.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Gas Meters Market Analysis by Global Segments, Growth, Size and Forecast 2024 here

News-ID: 711070 • Views:

More Releases from Transparency Market Research-Energy & Mining

Dynamic Voltage Restorer Market - Financial Status over Forecast Period 2014-2020
Dynamic Voltage Restorer Market - Financial Status over Forecast Period 2014-202 …
Global Dynamic Voltage Restorer Market: Overview With the ever-increasing demand for power, industries are increasingly deploying systems that ensure uninterrupted generation, transmission, and distribution of power to minimize their losses in terms of revenue, resources, and productivity. This is positively influencing the growth of the global dynamic voltage restorer market. Dynamic voltage restorers are principally accountable for offering reliable and cost effective protection against power fluctuations. They allow consumers to isolate
Gas to Liquids (GTL) Market - Get Facts About Business Strategies 2016-2024
Gas to Liquids (GTL) Market - Get Facts About Business Strategies 2016-2024
Global Gas to Liquids Market: Overview Gas-to-liquids (GTL) involves converting natural gas into high-quality liquid fuels, which are traditionally obtained from crude oil. At present, the ever-increasing demand for energy and the growing world population has necessitated the development of alternate energy sources to ease the burden on conventional sources. With the rising environmental considerations of conventional sources of energy, clean sources of energy are needed for reduced carbon footprint.
Landfill Gas Market - Research report 2014 : 2020
Landfill Gas Market - Research report 2014 : 2020
Global Landfill Gas Market: Overview Landfill gas (LFG) can be utilized for energy generation and to reduce methane emissions in the atmosphere to translate into positive outcomes for local communities. Landfill gas is obtained as a natural byproduct of microbial decomposition of organic matter in landfills. Landfill gas consists almost 50% methane, 50% percent carbon dioxide and a small percentage of complex organic compounds and other compounds. Landfill gas is utilizable for
Copper Indium Gallium Selenide (CIGS) Solar Cells Market - Global Industry Analysis 2011-2019
Copper Indium Gallium Selenide (CIGS) Solar Cells Market - Global Industry Analy …
CIGS (Copper indium gallium selenide) is a semiconductor with direct bandgap which is used for solar cells manufacturing. The absorber of CIGS is placed on a glass or plastic backing, together with electrodes on back and front for current collection. Since the material powerfully absorbs sunlight and has a higher absorption coefficient, comparatively as compared to other semiconductor material, a thin film is required. The devices which are prepared with

All 5 Releases


More Releases for Gas

City Gas Distribution Market 2022 key developmental strategies implemented by th …
The City Gas Distribution report is an in-depth examination of the global City Gas Distribution's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global City Gas Distribution industry, as well as market segmentation, competition, and the macroeconomic climate. A complete City Gas Distribution analysis takes into account a number of aspects, including a country's population and business cycles, as
Know about City Gas Distribution Market Growth with Top Companies details like: …
The City Gas Distribution Market 2020-2024 Report involve of strong research on global City Gas Distribution industry which enables the customer to look at the possible requirement as well as prediction. The constraints and drivers are assembled after a significant study of the global City Gas Distribution market's proficiency. The development ratio which is expected in perspective of the rational analysis provides thorough information of the worldwide City Gas Distribution
City Gas Distribution Market 2019: Top Companies- Gujarat Gas, Indraprastha Gas, …
A network that deliver the gas in the city. Growth in the market is anticipated on account of increasing natural gas demand from domestic, commercial, industrial as well as automotive end user segments. Get Sample Copy of This Report at https://www.orianresearch.com/request-sample/1011059 City Gas Distribution Industry 2019 Global Market research report provides a detailed analysis of market growth factors, industry share, regional trends, size and Forecast till 2025. This report
City Gas Distribution Market Exploring Future Growth 2019-2023 and Key Players - …
Global City Gas Distribution Market Research Report consists of all the significant data related to the global market. The report presents a comprehensive analysis of the various industry growth factors, including the market trends, dynamics, estimates, production and consumption ratio, industry development factors, size, share, supply and demand, forecast trends, sales, as well as several other factors. The report has been generated leveraging a blend of the primary and secondary
Global City Gas Distribution Market 2018: Key Players – Gujarat Gas, Indrapras …
Summary WiseGuyReports.com adds “City Gas Distribution Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database. This report provides in depth study of “City Gas Distribution Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The City Gas Distribution Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an
City Gas Distribution Market Latest Technology Trends 2018 | Growth by Top Compa …
A network that deliver the gas in the city. Growth in the market is anticipated on account of increasing natural gas demand from domestic, commercial, industrial as well as automotive end user segments. The report Global City Gas Distribution Market 2018 focuses on fundamental know-how of City Gas Distribution segment. The report provides comprehensive study and vivid description of drivers, limitations, openings, request factors, market size, conjectures, and patterns in the Worldwide