Market Research Report
Global Smart Gas-Meter Market Research and Forecast, 2019-2025
|Published by||Orion Market Research Pvt Ltd||Product code||839591|
Delivery time: 2-3 business days
|Global Smart Gas-Meter Market Research and Forecast, 2019-2025|
|Published: May 6, 2019||Content info:||
Global Smart Gas Meter Market Size, Share & Trends Analysis Report by Type (Advanced Metering Infrastructure, Automated Meter Reading), by Application (Residential, Industrial, Commercial), and Forecast, 2019-2025
A smart gas meter is a device that automatically measures the different parameters such as temperature, pressure, and volume of the gas that flows in the pipeline. Global smart gas meter market is experiencing significant growth due to rising adoption of smart gas meter solutions in the residential, commercial and industrial sector. Moreover, the government policies and standards for the smart grid in developed economies and rising urbanization in emerging economies are other factors that propel market growth. The increasing demand to reduce losses throughout the supply of gas coupled with the necessity to decrease the operational spending of conventional metering would further augment the growth of the global smart gas meter market during the forecast period.
The global smart gas meter market is further segmented on the basis of geography that includes North America, Europe, Asia-Pacific and Rest of the World. North America smart gas meter market estimated to have a significant market share. Further, Europe is projected to contribute have considerable market growth in the near future owing to the increasing demand for the smart gas meter by the residential and industrial sector. In addition, the initiatives taken by the government further boost the market growth in the European region. For instance, UK government is planning to convert around 22 million conventional gas meters into a smart gas meter by 2020.
Moreover, the global smart gas meter market is influenced by product development and technological advancements led by the market players. Some of the players of the Smart gas meter market include Aclara Technologies LLC, Apator SA., Landis+Gyr, Eaton Corp., Badger Meter, Inc., Diehl Stiftung & Co. KG, EDMI Ltd., Elster Group (Honeywell International Inc.), Itron Inc., Suntront Tech Co., Ltd., Flonidan A/S, and others. These players with a considerable share in the market are seeking to expand their customer base globally. These players are playing a significant role in the growth of the smart gas meter market by providing various products and adopting several strategies such as a merger, acquisition, partnerships, collaboration, and others.
The market study of the global smart gas meter market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
The report is intended for smart gas meter manufacturers, suppliers, distributors, and others provide sector for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.