Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Smart Gas Meter (Intelligent Gas Meter) Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 4.7% during the review period (2022 to 2027).
Smart Gas Meter (Intelligent Gas Meter) Market Overview
The inclination towards clean sources of energy in recent years has increased the demand for natural gas across various end-user segments. This increased demand, coupled with government support to enhance gas usage has fueled the adoption of natural gas. Additionally, according to a survey on energy consumption conducted by Smart Energy GB in UK, 86% of people having smart meter installed in their homes have made significant changes to their energy saving behavior. These behavioral changes in energy help to bring down energy emissions, thus promoting the smart gas meter market growth.
Who are the Major Players in Smart Gas Meter (Intelligent Gas Meter) Market?
Top Key players in the Smart Gas Meter (Intelligent Gas Meter) Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The companies referred in the market research report includes Elster Group GmbH, Itron, Landis+Gyr, Goldcard, Sensus, MeterSit, Flonidan, ZENNER, Viewshine, Apator Group, Diehl Metering, Innover, EDMI, Suntront Tech, SHANXI AEROSPACE POWER,
Industry News:
Itron’s Intelis 250 Smart Gas Meter Receives Approval from Measurement Canada
Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced that its Intelis residential ultrasonic gas meter has received type approval from Measurement Canada, which confirms that it complies with PS-G-06 provisional specification for ultrasonic meters in Canada. As this is the first ultrasonic gas meter with an internal shutoff valve to be approved by Measurement Canada, utilities can take advantage of Itron’s solution to transform how gas is delivered safely and efficiently.
What are the major Applications, Types and Regions for Smart Gas Meter (Intelligent Gas Meter) Market?
By Type, it is segmented into
- AMR
- AMI
- By type, AMR accounted for the highest share of sales in 2018, reaching 84.52%.
- Others
- By Applications
- Residential
- Commercial
- Industrial
- By application, residential accounted for the highest market share in 2018, more than 84 percent.
- Others
Smart Gas Meter (Intelligent Gas Meter) Market Regional Analysis
Asia Pacific stands as one of the major regions for the smart gas meter market growth. China hold a strong position in the smart gas meter market share in Asia Pacific. The country witnessed a good success with its smart electric meters roll out. Following this, the Chinese government is now looking forward to replicate the same in smart gas meters installations countrywide. This can be witnessed with the planned installations of smart gas meter in the coming years. Smart gas meter deployment has gained pace owing to the increased energy demand and greenhouse gas emission targets in the region. India, South Korea, Japan, Indonesia are the other major countries are attracting high smart gas metering market revenues in the region.
All these factors greatly affect the Smart Gas Meter (Intelligent Gas Meter) Market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Smart Gas Meter (Intelligent Gas Meter) Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Smart Gas Meter (Intelligent Gas Meter) Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Smart Gas Meter (Intelligent Gas Meter) Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2028 CAGR
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- CAGR of 4.7 % during the review period (2022 to 2027).
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By Type
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- AMR
- AMI
- By type, AMR accounted for the highest share of sales in 2018, reaching 84.52%.
- Others
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By Applications
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- Residential
- Commercial
- Industrial
- By application, residential accounted for the highest market share in 2018, more than 84 percent.
- Others
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By Companies
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Elster Group GmbH, Itron, Landis+Gyr, Goldcard, Sensus, MeterSit, Flonidan, ZENNER, Viewshine, Apator Group, Diehl Metering, Innover, EDMI, Suntront Tech, SHANXI AEROSPACE POWER
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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134
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Healthcare IT Report
- Evaluate Smart Gas Meter (Intelligent Gas Meter) Market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Smart Gas Meter (Intelligent Gas Meter) Market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The Smart Gas Meter (Intelligent Gas Meter) Market is studied from 2017 - 2027.
What is the growth rate of Smart Gas Meter (Intelligent Gas Meter) Market?
The Smart Gas Meter (Intelligent Gas Meter) Market is growing at a CAGR of 4.7% over the next 5 years.
Who are the key players in Smart Gas Meter (Intelligent Gas Meter) Market?
, Elster Group GmbH, Itron, Landis+Gyr, Goldcard, Sensus, MeterSit, Flonidan, ZENNER, Viewshine, Apator Group, Diehl Metering, Innover, EDMI, Suntront Tech, SHANXI AEROSPACE POWER,
What region does this Smart Gas Meter (Intelligent Gas Meter) Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Smart Gas Meter (Intelligent Gas Meter) Market?
- AMR, AMI, By type, AMR accounted for the highest share of sales in 2018, reaching 84.52%.,, Others
What are the major Applications of Smart Gas Meter (Intelligent Gas Meter) Market?
- Residential, Commercial, Industrial, By application, residential accounted for the highest market share in 2018, more than 84 percent., Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
