Industry Growth of Smart Gas Market is Projected to Rise by 21750 Million $ – Global Forecast to 2022

Posted November 13, 2018 by amarsasane

“Smart Gas Market” report includes - Industry Future Trends, Growth Opportunity, Experts reviews and forecast period (2018-2022). A wide range of Applications, Utilization Ratio, Supply and Demand analysis are also consist in the Report.

Global Smart Gas Market overview:

With the slowdown in world economic growth, the Smart Gas industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Smart Gas market size to maintain the average annual growth rate of 15.04% from 7390 million $ in 2014 to 11250 million $ in 2017, market analysts believe that in the next few years, Smart Gas market size will be further expanded, we expect that by 2022, The market size of the Smart Gas will reach 21750 million $.  

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The Global Smart Gas Market is poised for growth over the forecast period, which can be attributed to several government mandates and regulations as well as the need to efficiently manage resources. The energy efficiency goal, which is a part of the initiative driven by the EU’s Energy Efficiency Directive, is further expected to fuel the smart gas market. The emergence of smart grid systems is also expected to drive market growth over the forecast period; however issues pertaining to the physical infrastructure, interoperability, data management infrastructure, consumer privacy & data protection may hinder market growth.

Global Smart Gas Market is segmented on the basis of Type, Industry and Region. Based on Type the remote monitoring solution for gas utilities deals with remotely controlling the essential types: hardware & software, such as Programmable Logic Controller (PLC), Human Machine Interface (HMI), & Supervisory Control and Data Acquisition (SCADA) systems. The solution has the ability to track asset performance, which provides real-time data during gas operations. Factors, such as production time, leakage rate, energy usage, and climatic conditions can all be collected, analyzed, & presented to the responsible personnel, in terms of performance data and ability to control data, such as remotely shutting off gas operations.

Regional Analysis, Europe market is expected to explode owing to various energy conservation schemes and individual renewable energy goals of countries in the European Union (EU). Deployment of smart grids and distribution of sufficient infrastructure to support these goals is predicted to bode well for the market in the forthcoming years. The Asia-pacific market has the latent growth potential thanks to huge economies of India and China. Favorable government policies and intentions of these countries to create smart cities to support their population and make it easy for tourists is likely to augur well for the market.

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Major Key Players:

1 International Business Machines Corporation

2 Cgi Group Inc.

3 General Electric Company

4 Oracle Corporation

5 Itron Inc.

6 Schneider Electric Se

7 Elster Group Se

8 Cap Gemini Sa

9 Landis + Gyr Inc.

10 Abb Group and More…………………..

Market segment by Regions/Countries, this report covers:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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Table of Contents:

Global Smart Gas Market Report 2018

1 Smart Gas Definition

2 Global Smart Gas Market Major Player Share and Market Overview

3 Major Player Smart Gas Business Introduction

4 Global Smart Gas Market Segmentation (Region Level)

5 Global Smart Gas Market Segmentation (Type Level)

6 Global Smart Gas Market Segmentation (Industry Level)

7 Global Smart Gas Market Segmentation (Channel Level)

8 Smart Gas Market Forecast 2018-2022

9 Smart Gas Segmentation Type

10 Smart Gas Segmentation Industry

11 Smart Gas Cost Analysis

12 Conclusion

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Categories Energy , Semiconductors , Technology
Tags Smart Gas , Global Smart Gas Market , Smart Gas Market , Smart Gas Industry Analysis , Smart Gas Market size , International Business Machines Corporation , Cgi Group Inc , General Electric Company
Last Updated November 13, 2018