Smart Gas Meter Market – 2019 Size, Trends, Share, Growth, Competitive, Regional Analysis With Global Industry Forecast To 2023
Aug 8, 2019
Smart Gas Meter Market 2019 Global Industry Forecast to 2023 is latest report published by Market Research Future. Global Smart Gas Meter Market is to grow at healthy 6.60% CAGR by 2023. Global Smart Gas Meter Market by Product, Application, Region with Forecast To 2023.
Pune, India - August 8, 2019 /MarketersMedia/ —
Smart Gas Meter Market 2019 Global Size, Growth Trends, And Regional Outlook to 2023 is latest report published by Market Research Future. Global Smart Gas Meter Market is to grow at healthy 6.60% CAGR by 2023. Global Smart Gas Meter Market by Product (Diaphragm, Turbine, Rotary Piston And Others), Application (Residential, Commercial And Industrial), Region with Forecast To 2023.
Smart Gas Meter Key Players Analyzed in Report:
Diehl Metering (U.K.), Sensus (U.S.), Itron Inc. (U.S.), Landis+Gyr (Switzerland), EDMI Limited (Singapore), Honeywell International, Inc. (U.S.), Apator Group (Poland), Dandong Dongfa Group Co. Ltd. (China), and Raychem RPG (India).
Get Free Sample “Smart Gas Meter Market Research Report-Global Forecast till 2023” at: https://www.marketresearchfuture.com/sample_request/1686
Smart Gas Meter Market Highlights:
The global smart gas meter market is anticipated to garner a CAGR of 6.60% during the forecast period (2018-2024), Market Research Future (MRFR) reveals in a detailed report. Smart gas meters help to automatically measure the basic parameters like volume, pressure, and temperature of the gas flowing in the pipeline. Installation of smart gas meter in commercial, industrial, and residential spaces is a step towards offering access to gas to individual.
Smart meters are increasingly replacing conventional gas with national grids turning more adaptable, efficient and flexible to energy technologies that are reasonable such as solar and wind. These meters send meter readers digitally to the energy supplier for accurate energy bills. It is equipped with in-home displays to help people understand their energy usage better. Smart gas meters provide a wealth of alluring functions including the capability of informing consumers regarding the total amount of energy that they are utilizing through a display that is installed in the home. It can also directly communicate with energy suppliers, thus eliminating the requirement for staff to survey homes for reading the meter.
The global smart gas meter market has witnessed a tectonic surge over the past few years, mainly due to the increasing investments in smart grid projects. These investments are likely to kick-start smart city development across the world, thereby fueling the growth of smart gas meter. With government initiatives to build smart cities, smart gas meters will play an important role in the market spectrum. Utility providers are highly integrating smart and electric gas meters to bring an end to periodic meter readings in business as well as in-home setups.
The accurate and real-time monitoring of the amount, as well as pattern of energy used, are likely to usher the market growth in the foreseeable future. Business and households are extensively adopting smart gas meters as they strive for control over gas consumption. These meters are also becoming a go-to solution to address concerns of unaccounted consumption of gas. The surging investments in digitalizing gas distribution channels are likely to create new growth opportunities for the market.
Global Smart Gas Meter Market Segments:
MRFR report provides an extensive segmental analysis of the smart gas meter market on the basis of application and product type.
Based on application, it is segmented into commercial sectors and residential sectors. Of these, residential sectors will dominate the market over the predicted years.
Based on product type, it is segmented into turbine gas meters, rotary gas meters, diaphragm gas meters and others. Of these, the diaphragm gas meters will dominate the market over the predicted years.
Global Smart Gas Meter Market Regional Overview:
Geographically, the smart gas meter market span across Europe, North America, Asia Pacific, South America, and the Middle East & Africa.
Considering the global scenario, Europe and North America account for noteworthy shares across the globe. North America will remain a prominent region for the smart gas meter market and is likely to surpass a valuation of USD 700 million by the end of 2024. The US is home to several prominent manufacturers who are highly influencing the growth of the regional market.
The Asia Pacific will expand at a rapid pace in the coming years, mainly due to factors like rising efforts from the government to implement smart gas meters, along with the roll-outs of smart city projects. The increasing number of residential gas subscriptions for cooking and heating purposes will trigger the demand from the smart gas meter market in the foreseeable future. Smart gas metering system in China will experience healthy growth due to the introduction of government initiatives. Also, consumer inclination towards intelligent metering systems will drive the market growth in the region.
TABLE OF CONTENTS:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
5 Global Smart Gas Meter Market, By Application
5.1 Introduction
5.2 Transmission Lines
5.2.1 Market Estimates & Forecast, 2017-2023
5.2.2 Market Estimates & Forecast By Region, 2017-2023
5.3 Distribution Lines
5.3.1 Market Estimates & Forecast, 2017-2023
5.3.2 Market Estimates & Forecast By Region, 2017-2023
Continued…
List Of Tables:
TABLE 1 MARKET SYNOPSIS 14
TABLE 2 LIST OF ASSUMPTIONS 17
TABLE 3 GLOBAL SMART GAS METERS MARKET, BY PRODUCT, 2016–2024 (USD MILLION) 32
TABLE 4 GLOBAL SMART GAS METERS MARKET, BY APPLICATION, 2016–2024 (USD MILLION) 35
TABLE 5 GLOBAL SMART GAS METERS MARKET, BY REGION, 2016-2024 (USD MILLION) 38
TABLE 6 NORTH AMERICA: SMART GAS METERS MARKET, BY COUNTRY, 2016-2024 (USD MILLION) 39
TABLE 7 NORTH AMERICA: SMART GAS METERS MARKET, BY PRODUCT, 2016-2024 (USD MILLION) 39
TABLE 8 NORTH AMERICA: SMART GAS METERS MARKET, BY APPLICATION, 2016-2024 (USD MILLION) 40
TABLE 9 U.S.: SMART GAS METERS MARKET, BY PRODUCT, 2016-2024 (USD MILLION) 41
TABLE 10 U.S.: SMART GAS METERS MARKET, BY APPLICATION, 2016-2024 (USD MILLION) 41
Continued…
LIST OF FIGURES:
FIGURE 1 GLOBAL SMART GAS METERS MARKET: MARKET STRUCTURE 17
FIGURE 2 KEY TAKEAWAYS FROM SMART GAS METERS MARKET 18
FIGURE 3 RESEARCH PROCESS OF MRFR 20
FIGURE 4 TOP DOWN & BOTTOM UP APPROACH 21
FIGURE 5 DRO ANALYSIS OF GLOBAL SMART GAS METERS MARKET 24
FIGURE 6 NUMBER OF SMART GAS METERS INSTALLED IN GREAT BRITAIN (Q1 2014-Q4 2016) 25
FIGURE 7 FIGURE DRIVERS IMPACT ANALYSIS, 2016-2024 26
FIGURE 8 RESTRAINTS IMPACT ANALYSIS, 2016-2024 27
FIGURE 9 SUPPLY CHAIN: GLOBAL SMART GAS METERS MARKET 28
FIGURE 10 PORTER'S FIVE FORCES ANALYSIS OF GLOBAL SMART GAS METERS MARKET 29
FIGURE 11 GLOBAL SMART GAS METERS MARKET, BY PRODUCT, 2017 (IN %) 32
Continued…
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Info:
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Email: Send Email
Organization: Market Research Future
Address: Market Research Future Office No. 528,, Amanora Chambers Magarpatta Road, Pune, India.,
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/smart-gas-meter-market-1686
Source: MarketersMedia
Release ID: 88905777
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