Spain Brazil Russia France Germany China Korea Japan

Artificial Intelligence driven Marketing Communications

May 22, 2020 4:40 AM ET

Smart Gas Meter Market 2020 Industry Overview, Key Players Analysis, Emerging Opportunities, Comprehensive Research Study, Competitive Landscape and Potential of Industry from 2020-2024 By 360 Market Updates


Smart Gas Meter Market 2020 Industry Overview, Key Players Analysis, Emerging Opportunities, Comprehensive Research Study, Competitive Landscape and Potential of Industry from 2020-2024 By 360 Market Updates

iCrowd Newswire - May 22, 2020

“Global Smart Gas Meter Market size”2020 has covered and analyzed the potential of Worldwide Smart Gas Meter Industry and provides statistics and information on market dynamics, growth factors, key challenges, major drivers & restraints, opportunities and forecast.

Global “Smart Gas Meter Market” Report 2020 contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. The Smart Gas Meter market growth is expected to register a CAGR of Growing rate during the forecast period. Smart Gas Meter Market reports offer a detailed assessment of the Smart Gas Meter including enabling technologies, current market scenario, market assumptions, restraining factors.

Smart Gas Meter Market Report covers the Top Key-players 2020:-

The global Smart Gas Meter market covers the vision of competitor analysis by product types, market share, applications, sales, and revenue.

Get a Sample PDF of Report @https://www.360marketupdates.com/enquiry/request-sample/12884501

The smart gas meter market was valued at 11.414 million unit shipments in 2017 and is expected to reach 26.391 million unit shipments by 2023, witnessing a CAGR of 12.11% for the forecast period (2018 – 2023). The report discusses the end users that use these products. The regions considered under the scope of the report include North America, Europe, and various others. The study also emphasizes on how growth in smart city deployment is affecting the market.Smart metering solutions comprise of meters or modules, with communication capabilities (either one-way or two-way) embedded within the meter or attached to it. The market for smart gas meters is expected to show consistent growth during the forecast period. Parallel integration pushes the smart gas meter market, coupled with electricity meters, in countries like the United Kingdom, which is incorporating common In-House Displays (IHDs) for multiple services. The smart gas meter market has limited product differentiation scope, based on technology. Thus, the price, service, and durability remain the critical factors in product and service selection. However, factors, like the availability of capital funding and comparatively higher price than the regular metering equipment employed, can act as a restraint for the market.Increase in Billing Revenue and Accuracy to Drive the DemandSmart meters boost a utility’s ability to precisely and timely bill customers for the extent of gas used. The remote-read capability allows for smaller intervals between billing reads, better business preparation in understanding future revenue streams, or producing a continuous flow of capital. Smart meters have a significant role to play in reducing theft and safeguarding utility revenues, which acts as a driver. Moreover, in the case of smart gas meters, losses in most cases are accounted for theft and leakage. In addition, smart meters can also reduce labor costs and time, as the data provided on smart meters is two-way communicable, saving costs and time in the process.The Residential Segment to have the Highest ShareGlobally, many countries are compelled to implement various measures for the conservation of energy, owing to the rising scarcity of fossil fuels. Governments are forcing multiple end-use sectors, such as residential, to install gas meters, as the installation of gas meters aid in the reduction of the wastage of gas. To achieve this, many governments are imposing mandate regulations in the usage of smart gas meters across their regions. For instance, in 2017, the nationwide rollout in the United Kingdom of smart meters resulted in the installation of more than one million smart meters in six months. Moreover, introduction of next-generation smart meter for the residential sector in other developed countries, such as the United States and Germany, is expected to augment the smart gas meter market.Increasing Demand in Asia-Pacific to Augment Market GrowthThe market in China is rapidly shifting toward a commodity culture, and technological differences are limited. This, coupled with the increasing number of regional players, has increased the competition in the Chinese market substantially. While the preference for premium brands in industrial and commercial applications has allowed for some market share to the global players, lower price point and different specification requirements have majorly kept the competition away from these companies, as far as large-scale deployment in the residential sector is concerned. Moreover, Japan is expected to witness the most robust growth, although the rollout of smart gas meters planned by the Japanese government is expected to be delayed beyond the forecast period, which is scheduled to be completed by 2020.

Inquire more and share questions if any before the purchase on this report@https://www.360marketupdates.com/enquiry/pre-order-enquiry/12884501

Important Questions Answered in the Report:

Highlighted points of Smart Gas Meter Market Report:

Key Developments in the Smart Gas Meter Market:

Reasons to Purchase this Report

Purchase this report (Price 4250 USD for a single-user license)@https://www.360marketupdates.com/purchase/12884501

Finally, the report Global Smart Gas Meter Market 2020 describes the Smart Gas Meter industry expansion game plan, the Smart Gas Meter industry knowledge supply, appendix, analysis findings, and the conclusion.

About 360 Market Updates:

360 Market Updates is a credible source for gaining the market reports that will provide you with the lead your business needs. At 360 Market Updates, our objective is to provide a platform for many top-notch market research firms worldwide to publish their research reports, as well as helping the decision-makers in finding the most suitable market research solutions under one roof. Our aim is to provide the best solution that matches the exact customer requirements. This drives us to provide you with custom or syndicated research reports.

Contact Info: –

360 Market Updates

Mr. Ajay More

USA: +1 424 253 0807

UK: +44 203 239 8187

[email protected]

CHECK OUT OUR OTHER RELATED REPORTS:-

Kombucha Market 2020 Industry Demand, Share, Size, Future Trends Plans, Growth Opportunities, Key Players, Application, Demand, Industry Research Report by Regional Forecast By 360 Market Updates

Home Health Care Market 2020: Emerging Technologies, Sales Revenue, Key Players Analysis, Development Status, Opportunity Assessment and Industry Expansion Strategies 2026 | 360 Market Updates

Advanced Fiber-Based Gasket Market 2020 Share, Size, Future Demand, Global Research, Top Leading player, Emerging Trends, Region by Forecast to 2025

Chlorine Tablet Market 2020 Industry Demand, Share, Trend, Industry News, Business Growth, Top Key Players Update, Business Statistics and Research Methodology by Forecast to 2026 | 360 Market Updates

Global Ready-to-eat Popcorn Market by Share, Size, Manufacturers, Regions, Type and Application, Forecast to 2025 – Says 360marketupdates.com

ECG Sensors Market 2020 Industry Growth, Size, Share, Global Forecasts Analysis, Company Profiles, Competitive Landscape and Key Regions Analysis Research Report

Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Smart Gas Meter Market 2020 Industry Overview, Key Players Analysis, Emerging Opportunities, Comprehensive Research Study, Competitive Landscape and Potential of Industry from 2020-2024 By 360 Market Updates






iCrowdNewswire




Tags:    Wire, Research Newswire, English