New York City, NY, 22 May, 2018/24 Market Reports: Smart Gas Meter market size will grow from USD 1.77 Billion in 2017 to USD 2.72 Billion by 2023, at an estimated CAGR of 7.32%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
Government policies & mandates in developed economies and accurate billing & improved customer service are the major factors driving the market.The report segments the smart gas meter market on the basis of end-user into residential, commercial, and industrial. Residential customers are the largest end-users of smart gas meters, followed by commercial and industrial customers.
The global gas pipeline network construction in the residential segment has accounted for 1,054 km (approx.) in the past 5 years and another 100 kms are expected to be constructed in next 2–3 years, which would boost the smart gas meter market in this segment.
By Market Players::- Apator Group , Diehl Metering , Honeywell International, Inc. , Itron, Inc. , Landis+GYR , Sensus , EDMI Limited , Chongqing Shancheng Gas Equipment Co. Ltd. , Dandong Dongfa Group , Raychem RPG , Master Meter, , , , , , , , ,
By Type:- Automatic Meter Reading , Advanced Metering Infrastructure, , ,
By End-User:- Residential , Commercial , Industrial, ,
The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
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