The global smart gas meter market size was valued at $XX billion in 2018 and is further estimated to reach $XX billion in 2025, exhibiting a growth rate of XX% during the forecast period. The growth is attributed to increasing penetration of smart gas meters in the next few years owing to government regulation and initiatives, rising demand for gas, rising urbanization across the globe. As per the United Nations (UN) in 2018, 55% of the global population lives in urban areas, which is further expected to increase to 68% by 2050.

Request a free sample of our report on Smart Gas Meter Market: https://www.omrglobal.com/request-sample/smart-gas-meter-market

This projection by the UN shows that urbanization combined with the overall growth of the global population could add another 2.5 billion people to urban areas by 2050, with close to 90% of this increase taking place in Asia and Africa. Increasing urban population puts higher pressure on the urban infrastructure for energy saving, and hence the governments of different economies are taking initiatives to meet ever-growing needs of the urban population. The governments of various economies are investing in the smart meter and smart grid projects, which, in turn drives the growth of the smart gas meter market. As per European investment bank, by the end of 2020, the British government has planned to install a smart meter in every home.

A full report of Global Smart Gas Meter Market is available at: https://www.omrglobal.com/industry-reports/smart-gas-meter-market

Some of the key players operating in the global smart gas meter market include Landis+Gyr, Diehl Stiftung & Co. KG, Elster Group (Honeywell International Inc.), Itron Inc., Eaton Corp., and Flonidan A/S. These players are focusing on enhancing their customer base across the globe by bringing new products in the smart gas meter industry. In addition, the companies are receiving approvals and certifications by the government authorities for the commercialization of their product. For instance, in May 2018, Flonidan A/S received the Commercial Product Assurance (CPA) certification for its UniFlo SMETS2 smart gas meters. With this, the company can provide a dual-energy solution to different utilities in UK, that further contribute to the growth in the company’s revenue in the smart gas market.

Global Smart Gas MeterMarket Segmentation

By Equipment Type

Advanced Metering Infrastructure (AMI)
Automated meter Reading (AMR)

By Application

Residential
Industrial
Commercial

Global Smart Gas Meter Market Segment by Region

North America

US
Canada

Europe

Germany
UK
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Latin America
Middle East and Africa

Visit here to know more about Global Smart Gas Meter Market Size.

About Orion Market Research

Orion Market Research (OMR) is an Indian market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: [email protected]

Contact no: +1 646-755-7667, +91 780-304-0404