Smart Gas Meter Market is Expected to Grow at a CAGR of 7% from 2017 to 2022


Posted May 3, 2017 by magarjitendra

Global Smart Gas Meter Market Information by Product (Automatic Meter Reading and Advanced Metering Infrastructure), by User (Residential, Commercial, and Industrial), and Region - Forecast to 2027

 
Market Highlights
The Global Smart Gas Meters Market is estimated to be a lucrative market within the upstream oil & gas industry. It Advantages of smart gas meters such as accurate billing, enhanced customer experience, and improved customer service are expected to be the driving factors for Smart Gas Meters Market in developing countries. The global market for Smart Gas Meters is expected to grow at a CAGR of about 7% between 2016 and 2022.

Rapid growth in the end users and low differentiation in meter function requirements has shifted the market focus towards commoditization, thereby intensifying the competitive pricing rivalry between key players.

Key Players
• Landis+Gyr (Switzerland),
• Itron Inc. (U.S.),
• Apator Group (Poland),
• Honeywell International, Inc. (U.S.),
• Diehl Metering (U.K.),
• Raychem RPG (India),
• Sensus (U.S.),
• Dandong Dongfa Group Co. Ltd. (China),
• EDMI Limited (Singapore), and
• Chongqing Shancheng Gas Equipment Co. Ltd. (China).

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Key Findings
• Residential segment is expected to register the highest market share
• Automatic meter reading segment will dominate the market
• The market is expected to reach USD 3.5 billion during the forecast period.

Smart Gas Meters Market:
The global smart gas meter market is expected to grow at about 7% CAGR during the forecast and reach almost $ 3.5 billion by 2022. The smart gas meter market is expected to grow at a rapid pace primarily due to government roll-outs, and implementations of mandates & policies, in developed economies

Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Smart Gas Meter Market Research Report - Global Forecast to 2022”

Intended Audience
• Smart Gas Meter manufacturing companies
• Smart Gas Meter service providers
• Energy& Power industry Consultants and Investment bankers
• Government as well as Independent Regulatory Authorities

Table of content
1. Report Prologue
2. Introduction
3. Definition
4. Scope Of The Study
5. Research Objective
6. Assumptions
7. Limitations
8. Market Structure
9. Market Segmentation
10. Research Methodology
11. Research Process
12. Primary Research
13. Secondary Research
14. Market Size Estimation
15. Forecast Model
16. Market Dynamics
Continue…….

List Of Tables
Table 1 Global Smart Gas Meters Market Snapshot
Table 2 Drivers For The Market
Table 3 Restraints For The Market
Table 4 Global Smart Gas Meters Market, By Product
Table 5 Automatic Meter Reading Market, By Region
Continue….

List Of Figures
Figure 1 Research Methodology
Figure 2 Impact Analysis: Drivers And Restraints
Figure 3 Global Smart Gas Meters Market, By Product
Figure 4 Global Smart Gas Meters Market, By End-User
Figure 5 Global Smart Gas Meters Market, By Region
Continue…..

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Government mandates are another source of increasing demand acting as a market driver. Government policies specifically in North America, Europe and Asia-Pacific region are targeting maximum roll outs of smart gas meters in households to ensure efficient energy usage. The development of smart grids is widely considered to be a key enabler of the transition towards a low carbon economy.

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Issued By Market Research Future
Country India
Categories Business , News , Research
Tags energy , smart gas meter , smart gas meter market
Last Updated May 3, 2017