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Gas Meters Market Growth, Trends, and Forecast 2018 - 2026: North America Is Projected to Be Growing at a CAGR of Above 8% Through 2026

The global gas meters market is expected to reach US$ 8,152.63 Mn by 2026. The market is projected to expand at a CAGR of 9.05% during the forecast period from 2018 to 2026.

 

Albany, NY -- (SBWIRE) -- 11/13/2018 -- According to the report, the https://www.marketresearchreports.biz/reports/196258/gas-meters-global-industry-market-research-reports">global gas meters market will continue to be influenced by the increase in the natural gas demand across the globe especially from emerging economies such as China and India. North America is projected to be at the forefront of global demand, with the market in the region growing at a CAGR of above 8% through 2026.

The "Gas Meters Market [Technology – Standard Meters and Smart Meters; Type – Diaphragm, Rotary, Turbine, Ultrasonic and Others; Application – Residential, Commercial, and Industrial] – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026" report provides analysis of the gas meters market for the period 2016–2026, wherein the years from 2018 to 2026 is the forecast period and 2017 is considered as the base year. Data for 2016 has been included as historical information. The report covers all the trends and technologies playing a major role in the growth of the gas meters market over the forecast period. It highlights the drivers, restraints, and opportunities expected to influence the market growth during this period. The study provides a holistic perspective on the market's growth in terms of revenue (in US$ Mn) and volume (Million units) across different geographical regions, namely North America, Europe, Asia Pacific, Middle East & Africa, and South America. The report highlights the key trends affecting the market on a global scale. Furthermore, region wise prominent countries/regions covered in the report includes the U.S, Canada, Germany, France, U.K, India, China, Japan, GCC countries, South Africa, and Brazil.

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Global Gas Meters Market: Overview

The report comprises a detailed ecosystem analysis, which provides a comprehensive view of the global gas meters market. Porter's Five Forces model has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness.

Global Gas Meters Market: Taxonomy

This research study on the global gas meters market provides a detailed cross segment and cross country analysis based on the different segments

Global Gas Meters Market: Research Methodology

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market, national government documents, statistical databases, and market reports, Factiva, etc.

Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with end use participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on the market size, market trends, growth trends, competitive landscape, and outlook, etc. These help us to validate and strengthen secondary research findings. These also help to develop the analysis team's market expertise and understanding.

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Global Gas Meters Market: Competitive Dynamics

The report covers well-established players including ABB, Itron, Inc., APATOR S.A., Badger Meter, Inc., Diehl Foundation & Co. KG, Landis+Gyr, Honeywell Process Solutions, Inc., Zenner, EDMI Limited, and AEM SA. These established players are engaged in the development and introduction of innovative gas meters for residential as well as commercial customers in the market. Furthermore, they are forming strategic partnerships in order to capture higher market share. For instance, in February 2017, Zenner a prominent gas meter provider, entered into a partnership with Germany based SmartMakers, which provides customers with IoT networks to develop new IoT solutions and add digital products and services to its portfolios.

The gas meters market has been segmented as below:

Global Gas Meters Market, by Technology

Standard Meters
Smart Meters

Global Gas Meters Market, by Type

Diaphragm meter
Rotary meter
Turbine meter
Ultrasonic meter
Others

Global Gas Meters Market, by Application

Residential
Commercial
Industrial

Global Gas Meters Market, by Geography

North America
U.S.
Canada
Rest of North America
Europe
U.K
Germany
France
Rest of Europe
Asia Pacific (APAC)
India
Japan
China
Rest of APAC
Middle East & Africa (MEA)
GCC Countries
South Africa
Rest of MEA
South America
Brazil
Rest of South America

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