Boston, MA -- (SBWIRE) -- 06/21/2016 -- A gas meter is a device that is primarily used to measure the volume of gas consumed at residential, commercial, or industrial premises. Gas meters can be of the following types:

-Basic gas meters (analog type)
-Smart gas meters (digital type)

Basic gas meters use analog technology to measure the volume of gas consumed and need a meter reader to record the measured data. Smart meters, on the other hand, are capable of wireless communication and transmit all the necessary information at the utility end. Smart meters give accurate readings and measurement and hence, remove any discrepancies while billing.

Technavio's analysts forecast the global gas meter market to grow at a CAGR of 10.5% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global gas meter market for 2016-2020. To estimate the market size for gas meters, we have taken into consideration the demand for gas meters from the end-user segments in the global gas meter market namely residential, commercial, and industrial. Demand for gas meters across all geographies is included in the market size calculation.

Get More Details on this Report and a Full Table of Contents at Global Gas Meter Market 2016-2020

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Gas Meter Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Elster
-GE
-Itron
-Landis+Gyr

Other prominent vendors

-ABB
-Aclara
-Actaris
-Apator
-Badger Meter
-CGI Group
-CJSC "Gazdevice"
-DIEHL Metering
-EDMI
-Emerson Electric
-Endress+Hauser
-IMAC Systems
-Krohne
-LAO Industria
-Onicon
-Premagas
-Qianwei Kromschroder Meters
-Raychem RPG
-Sagemcom
-Schneider Electric
-Sensus USA
-Shinagawa
-Wyatt Engineering
-Zenner

Market driver

-Benefits of new smart meters
-For a full, detailed list, view our report

Market challenge

-Technological challenges
-For a full, detailed list, view our report

Market trend

-Enhancing meter performance
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Elster, GE, Itron, Landis+Gyr, ABB, Aclara, Actaris, Apator, Badger Meter, CGI Group, CJSC "Gazdevice", DIEHL Metering, EDMI, Emerson Electric, Endress+Hauser, IMAC Systems, LAO Industria, Onicon, Premagas, Qianwei Kromschroder Meters, Raychem RPG, Sagemcom, Schneider Electric, Sensus USA, Shinagawa, Wyatt Engineering, Zenner

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