Smart Gas Meter Market Key Players Analyzed in Report are:
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).
Gas monitoring solutions such as smart gas meters are on their way to become a norm in the years to come on account of the rising concerns over fast exhaustion of natural gases. A rapid escalation has been observed in adoption of smart gas meters as households and businesses strive for a greater visibility and control over their gas consumption. Besides, these meters are becoming the go-to solution for addressing issues of extensive or unaccounted gas consumption. In 2017, more than USD 1,900 Mn worth smart gas meters were shipped globally. Market Research Future (MRFR) projects a strong growth for the global smart gas meters market between 2018 and 2024.
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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 market with a focus on accuracy.
Market Segmentation:
The segmental analysis of the global smart gas meters market has been conducted on the basis of product, application and region. Based on product, diaphragm gas meters, turbine gas meters, rotary gas meters have been majorly discussed in the report. By application, the key market segments analyzed in the report include residential, commercial and industrial applications. The report also offers country-level evaluation of all the market segments across North America, Europe, Asia Pacific (APAC) South America and the Middle East & Africa (MEA).
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 meters 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 many 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 meters in APAC countries in the years to come.
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 Proces
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
3.1.5 Bargaining Power Of Buyers
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
Continued…
List Of Tables:
Table 1 Global Smart Gas Meter Market: By Region, 2017-2023
Table 2 North America Smart Gas Meter Market: By Country, 2017-2023
Table 3 Europe Smart Gas Meter Market: By Country, 2017-2023
Table 4 Asia Pacific Smart Gas Meter Market: By Country, 2017-2023
Table 5 RoW Smart Gas Meter Market: By Country, 2017-2023
Table 6 Global Smart Gas Meter Market, By Fuse Type, By Regions, 2017-2023
Continued…
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