Global Smart Gas Meter market is estimated at $1.3 billion in 2015 and is expected to reach $2.43 billion by 2022 growing at a CAGR of 9.34% from 2015 to 2022. Factors such as exact billing & enhanced customer service, Government policies & mandates in developed economies are driving the market growth in the upcoming years. Cyber security problems are negatively impacting the market. High future investments for this market are the key opportunity. Low customer adoption to the products is the major challenge for this market.
The residential segment holds the highest market size, in terms of value. Globally in the residential segment the gas pipeline network construction in the past was approximately 1,054 kms and further it is expected to extend the construction with 100kms in 2-3 years which would fuel the market growth in the upcoming years. North America dominates the market and Europe is expected to grow at the highest rate during the forecast period. In North America, the growth of the market could be driven by the factors such as gas pipeline networks and high investments in smart grid.
Some of the key players in the market are Raychem RPG, Landis+GYR, Dandong Dongfa Group, Sensus, Master Meter, EDMI Limited, Honeywell International, Inc., Diehl Metering, Chongqing Shancheng Gas Equipment Co. Ltd., Itron, Inc., Apator Group, Flow Meter Group, Holley Metering Limited and Meteritalia.
Under various parameters, such as component, and application among others, the Global Smart Gas Meter Market was studied. The causes that impact the Global Smart Gas Meter Market were evaluated for each segments. The study results are mentioned and illustrated in the report. The segment evaluation also gives solutions to any possible surfacing issues that are likely in the Global Smart Gas Meter Market.
In Asia Pacific, the rise of Global Smart Gas Meter Market valuation is likely due to different causes. In South America, following LATAM, and North America, the escalation of the market value are recorded. The EU market value and causes that can impact the market value are explained in the regional assessment section of the report. The CAGR for the Global Smart Gas Meter Market across different regions are comprehensively explained in the report. Demographic causes and geographic influence are discussed to understand their impact on the Global Smart Gas Meter Market.
Key Market Players
There are a large number of influential dealers that are working in the Global Smart Gas Meter Market. The growth strategies deployed by these companies are analysed and elaborated in this report that can assists people in business to make decisions.
• Advanced Metering Infrastructure
• Automatic Meter Reading
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o South Africa
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Some Major Points from Table of content:
1 Executive Summary
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
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3 Market Trend Analysis
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