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Market Research Report

Smart Gas Meters Market by Technology and Geography - Forecast and Analysis 2019-2023

Published by TechNavio (Infiniti Research Ltd.) Product code 915221
Published Content info 141 Pages
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Smart Gas Meters Market by Technology and Geography - Forecast and Analysis 2019-2023
Published: October 29, 2019 Content info: 141 Pages
Description

About this market

Technavio's smart gas meters market analysis considers sales from both automatic meter reading (AMR) and advanced metering infrastructure (AMI) technologies. Our study also finds the sales of smart gas meters in APAC, Europe, North America, Rest of the World (ROW). In 2019, the AMR segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as technological advancements will play a significant role in the AMR segment to maintain its market position. Also, our global smart gas meters market report looks at factors such a rise in global demand for natural gas, and benefits of smart gas meters. However, high capital and operational costs, infrastructural and standardization challenges, and lack of awareness may hamper the growth of the smart gas meters industry over the forecast period.

Overview

Benefits of smart gas meters

Smart gas meters are the next generation meters for measuring gas consumption. It uses a secure communication network using radio frequency to send the gas usage wirelessly and automatically to the gas supplier. Some of the other benefits of smart gas meters are high billing accuracy along with greater analysis of gas usage and higher safety. Smart gas meters prevent gas leaks and fires by detecting defective appliances, carbon monoxide leaks, gas leaks, and faulty wiring, which make the smart gas meter installation a safety measure. Such benefits will lead to the expansion of the global smart gas meters market at a CAGR of over 7% during the forecast period.

Development of PAYG meters

Growing technologies and the rise in the consumption of gas across the world have led to many inventions in the gas sector. One such innovation is PAYG meters, also known as prepayment meters or credit meters, which allow the users to pay for gas before using the gas, just like prepaid mobile phones. The payment can be made via a token or a smartcard. PAYG gas meters enable customers to monitor gas usage and expenses. The installation of such prepaid gas meters at households will assure access to high-quality gas, and with the PAYG system, gas suppliers will be assured of payment through convenient mobile money services, thus serving as an incentive to expand gas infrastructure and network. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global smart gas meters market during the forecast period 2020-2024, view our report.

Competitive Landscape

With the presence of several major players, the global smart gas meters market is moderately fragmented. Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart gas meters manufacturers, that include Aichi Tokei Denki Co. Ltd., Apator SA, Diehl Stiftung & Co. KG, Honeywell International Inc., Itron Inc., Landis+Gyr AG, Wasion Holdings Ltd., Xylem Inc., Yazaki Corp., ZENNER International GmbH & Co. KG, Aclara Technologies LLC,AEM SA, Dandong Dongfa (Group) Co. Ltd., EDMI Ltd., Fanna Technology.

Also, the smart gas meters market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Table of Contents
Product Code: IRTNTR32190

TABLE OF CONTENTS

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TECHNOLOGY

  • Market segmentation by technology
  • Comparison by technology
  • AMR - Market size and forecast 2018-2023
  • AMI - Market size and forecast 2018-2023
  • Market opportunity by technology

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • ROW - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Development of PAYG meters
  • Development of smart cities
  • Growing investment in gas distribution network

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Aichi Tokei Denki Co. Ltd.
  • Apator SA
  • Diehl Stiftung & Co. KG
  • Honeywell International Inc.
  • Itron Inc.
  • Landis+Gyr AG
  • Wasion Holdings Ltd.
  • Xylem Inc.
  • Yazaki Corp.
  • ZENNER International GmbH & Co. KG

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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