Global smart gas meter market is expected to grow at about 6.6% CAGR during the forecast and reach almost by 2024.
Pune, India – January 14, 2019 —
Market Research Future (MRFR) anticipates a strong growth for the Global Smart Gas Meters Market during the forecast period (2018-2024). A smart meter is a modern gas and electricity meter that sends meter readings digitally to the energy supplier for more accurate energy bills. In other words, it is an internet-capable device used to measure energy, water or natural gas consumption of a building or home. Power companies are majorly deploying smart meters to monitor consumer usage, subsequently adjusting prices in accordance with the time of day and season.
Demand for smart gas has been on the upside due to the rising level of investments in smart grid projects. Such investments are expected to kick-start the smart city developments in different countries around the world in the near future. The rollouts of smart gas meters in certain countries have consequently triggered their demand in several other nations as well. The market also finds itself considerably driven by the need for efficient energy usage, as energy crises globally have reached an advanced stage. Market Research Future (MRFR) in its report projects that the Global Smart Gas Meter Market will capture a CAGR of 6.60% during the forecast period (2018-2024).
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Landis+Gyr (Switzerland), Xylem, Inc. (U.S.), Aclara Technologies LLC (U.S.), Honeywell International Inc. (U.S.), Itron Inc. (U.S.), EDMI (Singapore), Apator Group (Poland), DIEHL Metering (Germany), Zenner (Germany), MeteRSit (Italy), and Flonidan A/S (Denmark).
The company profiles include SWOT analysis, annual turnover, market share, regional presence, growth strategies, M&A activities, new product launch, and ongoing research & development activities. The report offers a descriptive analysis on leading market players and makes a critical observation on their growth strategies.
Market Research Future objectively analyses data using relevant economic factors. Pertinent factors such as government expenditure, economic growth, distribution channels and supply channels among others have been scrutinized in an effort to relay precise information. Analysis of data and subsequent projections have been performed using research frameworks that are suited to the specific industry. These frameworks have been developed by MRFR to serve as research standards that provide the tools to create consistently dependable market reports. Our primary research module highlights information obtained through interviews with key participants in the industry while secondary research methods use credible sources of data such as publically available financial records and historical data for the delivery of unique perspectives on the Smart Gas Meter Market with a focus on accuracy.
Base Year- 2017
Market Denomination-USD Million
Review Period- 2018 to 2024
Smart gas manufacturing companies
State and national regulatory authorities
Gas distribution utilities
Government and industry associations
State- or government-owned corporations
Global Smart Gas Meter Market: Segmental Overview
• Diaphragm Gas Meters
• Turbine Gas Meters
• Rotary Gas Meters
• North America; The U.S., and Canada
• Europe; Germany, the UK, France, Spain, Italy, and Rest of Europe
• Asia Pacific (APAC); China, Japan, India and Rest of Asia Pacific
• The Middle East & Africa (MEA)
• South America
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Smart Gas Meter Market- Table of Content
1. Executive Summary
2. Market Introduction
• The scope of the Study
• List of Assumptions
• Market Structure
• Key Takeaways
3. Research Methodology
• Research Process
• Primary Research
• Secondary Research
• Market Size Estimation
• Forecast Model
4. Market Dynamics
• Supply Chain
• Porter’s Five Forces Analysis
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This news is published on Reuters.