Harrisburg, NC -- (SBWire) -- 03/14/2019 --Global Smart Gas Meter Market Insights, Forecast to 2025
Smart gas meters automatically measure the basic parameters such as, pressure, volume, and temperature of the gas flowing in the pipeline. Installation of smart gas meter in industrial, commercial, and residential spaces is the next step toward providing access to gas for every individual. Governments standards and policies have pushed the smart gas meter market to pump into the global GDP. Collaboration of gas exploring companies with smart gas meter manufacturers also contributes for the same. The market is projected to grow exponentially during the forecast period. No discrepancy in gas meters has ensured the market to drive swiftly in the upcoming years. Moreover, in the recent years increase in safety concerns and standards has led the global smart gas meter market to register a double figure growth.
The Global Smart Gas Meter market is expected to register a CAGR of over 9.5% during the forecast period (2019-2024).
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Top Leading Companies are: Elster Group GmbH,Itron,Flonidan,Landis+Gyr,Sensus,Apator Group,ZENNER,Diehl Metering,Yazaki Corporation,Schneider Electric,EDMI,MeterSit,Goldcard,Innover,Viewshine,Shaanxi Aerospace Power,Suntront Tech
The Automatic Meter Reading (AMR) segment is estimated to be the largest market for smart gas meters in 2016. It is a metering technology that collects consumption data from the gas meters and transfers it to a central database (in the utility station) for billing and other purposes (one-way communication only). Popular in North America and Europe, other regions have also started to implement this metering infrastructure. It is less costly when compared to Advanced Metering Infrastructure (AMI), and hence has a higher market size. However, the AMI market is projected to grow at the highest rate because of its technological superiority.
Contents of the 15 Chapters for This Smart Gas Meter Market Study:-
Chapter 1, to describe Smart Gas Meter Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Smart Gas Meter , with sales, revenue, and price of Smart Gas Meter , in 2017 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Smart Gas Meter, for each region, from 2013 to 2019;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;
Chapter 12, Smart Gas Meter market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025;
Chapter 13, 14 and 15, to describe Smart Gas Meter sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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Smart Gas Meter Market, by Type:
Automatic Meter Reading (AMR)
Advanced Metering Infrastructure (AMI)
Smart Gas Meter Market, by End User:
Residential
Commercial
Industrial
The most prominent limitation in the smart metering market is the non-availability of capital funding. Smart systems are comparatively more expensive than the regular metering equipment employed by most of the service providers and users. It has additional cost in enabling communication ability and maintaining the regulatory compliance for such obtained products. These systems utilize digital components and connectivity systems that enable them to operate and transmit data. This increases the cost of the metering equipment.
Moreover, different smart meters are designed with various parameters, based on operational requirements and consumer requirements, and in turn, increasing their costs. Furthermore, smart meters are complicated equipment that need skilled labor to handle and install. All these factors increase the overall cost of the systems, making them more expensive than regular metering systems.
North America dominates the smart gas meter market, and Europe is expected to grow at the highest rate during the forecast period. In North America, the growth of the smart gas meter market could be attributed to factors such as investments in smart grid and gas pipeline networks. Meanwhile, several smart gas meter rollouts are taking place in countries such as the U.K., Spain, and France. This, coupled with the EU's (European Union) plans regarding carbon emission reductions, would drive growth in the European region.
The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of Smart Gas Meter Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of Smart Gas Meter Market Carrier and assist manufacturers and investment organization to better grasp the development course of Smart Gas Meter Market.
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Important attributes of the report:
The 360-degree Smart Gas Meter overview based on a global and regional level.
Market share, value, volume, and production capacity is analyzed on global, regional and country level.
A complete and useful guide for new market aspirants.
Forecast information will drive strategic, innovative and profitable business plans.
SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
Lastly, the research methodology and data sources are offered in this report.
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Smart Gas Meter Market 2019 Precise Outlook - Apator Group, ZENNER, Diehl Metering, Yazaki Corporation, Schneider Electric, EDMI, Meter Sit, Goldcard, Innover, Viewshine