Chicago, IL -- (SBWIRE) -- 08/08/2017 -- Smart gas meter is a new kind of digital meter that can send real-time meter readings to the energy supplier for more accurate energy bills. They have home displays to offer more clear readings for better understanding and analysis. Smart gas meter can collect, analyze, and present crucial information related to gas operations such as tracking asset performance, production time, rate of leakage, energy used, and climate conditions. It has several benefits such as accurate billing, enhanced customer experience, and improved customer service. This report studies the current and future aspects of smart gas meter market.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the smart gas meter market. The scope of this report covers the smart gas meter market by its major segments, which include the types, applications, and the major geographic regions.

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The smart gas meter market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. Both, North America and Europe regions hold the highest market share and are contributing towards revenue generation for the smart gas meter market. However, during the forecasted period, Europe is expected to have a faster growth than North America region because of increase in investments by government authorities for conducting awareness initiatives which is creating more opportunities for the market growth. Next in line is the Asia-Pacific region which is witnessing a steady growth of the smart gas meter market.

MARKET SEGMENTATION

This report analyzes the smart gas meter market by the following segments:

Smart Gas Meter Market, by End Users

1. Residential
2. Commercial
3. Industrial

Smart Gas Meter Market, by Meter Type

1. Automatic Meter Reading
2. Advanced Metering Infrastructure

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