openPR Logo
Press release

Global Gas Meter Market 2017: Region Wise Analysis of Top Players in Market By Types and Application

01-02-2018 09:19 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Global Gas Meter Market 2017: Region Wise Analysis of Top Players

The global gas meter market has been witnessing a positive growth. This can be attributed to the advantages offered by gas meters which include provision of accurate bills and a guarantee of safe pressure from the gas main supply.

Request a sample report: http://www.imarcgroup.com/request?type=report&id=879&flag=B

The latest report by IMARC Group, titled “Gas Meter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global gas meter market reached the value of more than US$ 3 Billion in 2016. A gas meter is a flow meter which is used for measuring the volume of fuel gases including liquefied petroleum gas and natural gas. It helps to measure accurate volume irrespective of the quality and quantity of the gas flowing through the meter. In addition, meter assists in reduction of gas wastage across various end-user segments. These meters ensure safe pressure from the gas main supply and provide accurate bills. Over the past few years, the majority of the gas meters are being placed outside which were earlier installed inside the buildings.

Highlights of the global gas meter market:

The increasing consumption of gas across various sectors acts as one of the major factors for market growth.

Basic gas meters exhibit a clear dominance in the market, accounting for the majority of share.

North America represents the largest share in the market owing to stricter regulations regarding replacement of old meters.

Over the past few years, the use of gas has rapidly increased in both the industrial and residential sectors as a result of augmenting demand for energy and growing investments in oil and gas projects. In addition, on account of rising concerns about the environment, governments across various nations are taking several initiatives against oil and gas leakage. Moreover, expanding gas distribution network in developing regions has also added to the growth of the global gas meter market. Some of the other factors such as higher calorific value, low emission and easier operability of gas meters have also been proactive in maintaining the market growth. As a result of the aforementioned factors, the global gas meter market is further expected to reach a value of nearly US$ 5 Billion, exhibiting a CAGR of 7.40% during 2017-2022.

On the basis of type, basic gas meters dominate the market with the largest share, followed by smart gas meters. The major segments on the basis of application include residential, commercial and industrial. Region-wise, North America currently accounts for the majority of the total global share. This is due to the strict rules and regulations implemented by the governments towards the replacement of old meters. Other major markets include Europe, Asia Pacific, Middle East and Africa, and Latin America. The competitive landscape of the market has also been analysed with some of the key players operating in the market being Honeywell, Itron, Adaptor, Dieh Metering and Sensus.

Read full report with TOC: http://www.imarcgroup.com/gas-meter-market

The report by IMARC Group has examined the global gas meter market on the basis of:

Type:

Basic
Smart

Application:

Residential
Commercial
Industrial

Region:

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

Key Players:

Honeywell
Itron
Adaptor
Dieh Metering
Sensus

Browse related reports:

Conveyor Belt Market: http://www.imarcgroup.com/conveyor-belt-market

Cable Accessories Market: http://www.imarcgroup.com/cable-accessories-market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us

IMARC Group
309 2nd St, Brooklyn, NY 11215, USA
Website: www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal

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 Global Gas Meter Market 2017: Region Wise Analysis of Top Players in Market By Types and Application here

News-ID: 880492 • Views:

More Releases from IMARC Group

GCC Pet Food Market Size is Expected to Reach USD 422.9 Million By 2033 | CAGR: 5.3%
GCC Pet Food Market Size is Expected to Reach USD 422.9 Million By 2033 | CAGR: …
GCC Pet Food Market Overview Market Size in 2024: USD 266.2 Million Market Size in 2033: USD 422.9 Million Market Growth Rate 2025-2033: 5.3% According to IMARC Group's latest research publication, "GCC Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC pet food market size was valued at USD 266.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 422.9 Million by 2033, exhibiting a
GCC Residential Real Estate Market Size to Worth USD 147.77 Billion by 2033 | With a 7.50% CAGR
GCC Residential Real Estate Market Size to Worth USD 147.77 Billion by 2033 | Wi …
GCC Residential Real Estate Market Overview Market Size in 2024: USD 73.31 Billion Market Size in 2033: USD 147.77 Billion Market Growth Rate 2025-2033: 7.50% According to IMARC Group's latest research publication, "GCC Residential Real Estate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC residential real estate market size was valued at USD 73.31 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 147.77 Billion by
GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAGR
GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAG …
GCC Drones Market Overview Market Size in 2024: USD 588.2 Million Market Size in 2033: USD 2,005.3 Million Market Growth Rate 2025-2033: 13.3% According to IMARC Group's latest research publication, "GCC Drones Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The GCC drones market size was valued at USD 588.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 2,005.3 Million by 2033, exhibiting a growth rate of
Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Market Overview: The medical imaging market is experiencing rapid growth, driven by Growing Burden of Chronic and Age-Related Diseases, Expansion of Government-Funded Health Infrastructure and Technological Advancements in Imaging Modalities. According to IMARC Group's latest research publication, "Medical Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global medical imaging market size reached USD 44.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach

All 5 Releases


More Releases for Meter

Smart Meter Market Set for Explosive Growth| Secure Meter, Kamsturp, Itron
Market Research Forecast published a new research publication on "Smart Meter Market" with 230+ pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Smart Meter market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled in the study
Flow Meter Market Looks Ready For Takeoff: ABB, Badger Meter, Flexim
The Latest Released Global Flow Meter market study has evaluated the future growth potential of Global Flow Meter market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential
Ultrasonic Water Meter Market Ultrasonic Water Meter Market
The proposed Ultrasonic Water Meter Market report will encompass all the qualitative & quantitative aspects including the market size, market estimates, growth rates & forecasts & hence will give you a holistic view of the market. The study also includes detailed analysis of market drivers, restraints, technological advancements & competitive landscape along with various micro & macro factors influencing the market dynamics. The Ultrasonic Water Meter Market sample report
Water Meter Market 2021 Growing Demand, Size and Business Outlook- Ningbo Water …
MarketInsightsReports, a leading global market research firm, is pleased to announce its new report on Water Meter market, forecast for 2021-2027, covering all aspects of the market and providing up-to-date data on current trends. The Water Meter Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and
Smart Gas Meter Market Outlook 2017- Trilliant, Sensus, Billion, Wasion, Meter I …
A market study ” Global Smart Gas Meter Market ” examines the performance of the Smart Gas Meter market 2017. It encloses an in-depth Research of the Smart Gas Meter market state and the competitive landscape globally. This report analyzes the potential of Smart Gas Meter market in the present and the future prospects from various angles in detail. The Global Smart Gas Meter Market 2017 report includes Smart Gas Meter
Global Smart Meter Market (Electricity, Gas, Water): By Type - Smart Electricity …
MarketResearchReports.Biz adds “Global Smart Meter Market 2011 Share, Size, Trends and Forecast to 2022 Market Research Report” reports to its database. This report provides a strategic analysis of the Smart Meter market and the growth estimates for the forecasted period. Global rise in energy demand along with the emerging trends in smart grid technologies, integration, and advanced infrastructure along with IoT (Internet of Things) has led to the growth of Smart