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

India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insights
India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insig …
As indicated in the latest market research report published by IMARC Group, titled "India Seafood Market Report by Type (Fish, Shrimps, Others), Form (Fresh/Chilled, Frozen/Canned, Processed), Distribution Channel (Off Trade, On Trade), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market. Market Size & Future Growth Potential: The India seafood
India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025-2033
India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025 …
Mutual Funds Market in India 2025: Base Year: 2024 Historical Years: 2019-2024 Forecast Years: 2025-2033 Market Size in 2024: USD 2.50 Billion Market Size in 2033: USD 5.90 Billion Market Growth Rate (CAGR) 2025-2033: 10.03% How Big is the India Mutual Funds Industry? The India mutual funds market size reached USD 2.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.90 Billion by 2033, exhibiting a growth rate (CAGR) of 10.03% during 2025-2033. Request
Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Expanding at a CAGR of 8.09%
Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Ex …
Market Overview: The dimethyl ether market is experiencing significant growth momentum, driven by increasing demand for cleaner fuel alternatives, expanding applications in various industries, and supportive government policies promoting sustainable energy solutions. According to IMARC Group's latest research publication, "Dimethyl Ether Market Size, Share, Trends and Forecast by Raw Material, Application, End-Use Industry, and Region, 2025-2033", the global dimethyl ether market size reached USD 7.22 Billion in 2024. Looking forward, IMARC
Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, Project Economics
Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, P …
Setting up a glucometer manufacturing plant requires thorough market research alongside a minute understanding of numerous operating factors such as unit processes, purchasing of raw materials, utility supply, infrastructure creation, equipment and technology specifications, human resource planning, logistics, and cash outlay. IMARC Group's report titled "Glucometer Manufacturing Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a

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