The global Safety Shut-off Valves for Gas Meters market was 120 million US$ in 2018 and is expected to 190 million US$ by the end of 2025, growing at a CAGR of 6.3% between 2019 and 2025.
Los Angeles, CA -- (SBWIRE) -- 04/23/2019 -- This report studies the Safety Shut-off Valves for Gas Meters market.Safety Shut-off Valves for Gas Meters are built-in valves or external placement valves used for gas meter to control to open and close of the gas path.In the coming years there is an increasing demand for gas meter shut-off valves in the regions of China and Europe that is expected to drive the market for more advanced gas meter shut-off valves. Increasing of residential fields expenditures and government policy will promote the market of the gas meter shut-off valves.
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The consumption volume of gas meter shut-off valves is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of gas meter shut-off valves industry may not keep that fast. But it is surely forecasted that the market of gas meter shut-off valves is still promising. At the same time, Europe, occupied 24% production market share in 2017, is remarkable in the global gas meter shut-off valves industry because of their market share and technology status of gas meter shut-off valves.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
This report studies the Safety Shut-off Valves for Gas Meters market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Safety Shut-off Valves for Gas Meters in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Itron
Sensus
Elster
Viewshine
AVK
NSF Control
WannuoBaotong
Johnson Electric
HYA
Huake
Teco SRL
Sycontrol
NOK CORPORATION
By the product type, the market is primarily split into
Motorised Valve
Solenoid Valve
By the end users/application, this report covers the following segments
Home Use
Commercial
Industrial Application
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