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Smart Gas Meter Market: 2019 Global Size, Share, Trends, Manufacturers Analysis
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Market Research Future Published Research Report on Global Smart Gas Meter Market Research Report. Given the government initiatives coming up around the world to create smart cities, Smart Gas Meter are likely to have a critical role in the particular spectrum. Utility providers across the world are integrating electric and Smart Gas Meter, to bring about an end to labour intensive periodic meter readings in home and business setups. The real time and accurate monitoring of the amount and pattern of energy use is among one of the key factors to usher the growth of the market during the forecast period. 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 Meter 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). The market’s growth is fuelled by the government’s rollout policies, which is a postive indicator for stakeholders.. Furthermore, development of the smart gas metering projects has led to the creation of new and highly efficient wireless network, provisioning the scope of IoT in gas monitoring technology. The market in Asia Pacific (APAC) also holds tremendous potentials, smart city projects in coutry, such as India, China, and Thailand, are boosting the development of the market in this region.
Smart Gas Meter Manufacturers : 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). Global Smart Gas Meter Market: Segmental Overview By product type, the market has been segmented into rotary gas meters, turbine gas meters, diaphragm gas meters, and other. Among these, the diaphragm gas meters segment is expected to remain highly lucrative over the assessment period. Based on application, the market has been segmented into residential and commercial sectors. Access Report @ https://www.marketresearchfuture.com/reports/smart-gas-meter- market-1686 Detailed Regional Analysis Based on region, the market is segmented into APAC, North America, Africa, Europe, Middle East and rest of the world. North America and Europe currently account for noteworthy shares of the overall pie. North America remians a key market for Smart Gas Meter and is expected to be worth more than USD 700 Mn. Fiscal incentives and government policy mandates have been the key influencers for the smart gas meter market in the region. The US is home to a large number of manufacturers who have a positive influence on the growth of the market as well. Meanwhile, the market in APAC is set to exhibit a fast growth over the next five years. This is attributable to factors such as increased government efforts and roll-outs of smart city projects. Growing number of residential gas subscriptions for heating needs and
cooking will efficiently raise the demand for Smart Gas Meter in APAC countries in the years to come. Related News: Smart Gas Meter Market 2019 – Global Analysis, Size, Share, Growth, Trends, Industry Overview, Leading Players, And Regional Forecast To 2023 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: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312 Email: sales@marketresearchfuture.com