Press release
Smart Gas Market : Business Profit And Future Scope Of The Report
The global smart gas market accounted for USD 11.10 billion in 2016 growing at a CAGR of 13.86% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Definition: Global Smart Gas Market
The smart gas devices are very helpful in monitoring solution for gas utilities deals remotely. These devices play a very important role in tracking asset performance which provides real-time data during gas operations. The smart meters help in capturing, storing, and transmitting meter data to the main server. The growing demand for the energy demand globally, rapid urbanization and technological advancements are driving the market for global smart gas.
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Major Market Drivers & Restraints:
Rapid urbanization
Technological Advancement
Increasing Government Initiatives
Increasing Global Energy Demand
Increasing Amount Of Economic And Regulatory Support
Improved & Transparent Billing Processes
Market Segmentation: Global Smart Gas Market
The global smart gas market is segmented on the basis of devices into AMR (Automatic meter reading) & AMI Meters.
On the basis of solution, the global smart gas market is segmented into GIS, SCADA, asset condition monitoring &performance management, MDM, and outage management & remote monitoring.
By services, the global smart gas market is segmented into consulting, deployment& managed.
On the basis of geography, global smart gas market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Company Share Analysis: Global Smart Gas Market
The report for global smart gas market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
Major Market Competitors: Global Smart Gas Market
Some of the major players of the global smart gas market are General Electric Company, IBM Corporation, Schneider Electric, Oracle, Silver Spring Networks, CGI Group Inc., Capgemini, Badger Meter, Inc., Itron Inc., Sensus, Verizon, Aclara Technologies LLC., ABB Group , Diehl Stiftung & Co KG among others.
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Research Methodology: Global Smart Gas Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.
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