Research and Markets: Global Gas Meter Market 2014-2018 with Elster Group, GE co, Itron Inc & Landis+Gyr AG Dominating
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/msxgtk/global_gas_meter) has announced the addition of the "Global Gas Meter Market 2014-2018" report to their offering.
The analysts forecast the Global Gas Meter market will grow at a CAGR of 9.33% to 2018
One of the major drivers is the increasing demand for smart gas meters. The ability of smart gas meters to provide an exact consumption volume or percentage has helped end-users plan their consumption and thus save money. This has led to increased demand for smart meters in the Residential, Commercial, and Industrial sectors.
The development of meter data management applications has led to better operational functioning of utilities. With the introduction of a centralized management system, the trend of retaining data in each department has almost come to an end. Meter data management applications provide a centralized platform for every department to share its information in an organized manner, leading to an increase in productivity and a reduction in cost. This leads to more collaborative functioning of the organization, which helps it understand the customer better and enhance its services. At present, there is low adoption of meter data management applications in the market; however, the adoption is expected to increase extensively during the forecast period, thereby having a positive impact on the growth of the Global Gas Meter market.
Further, the report states that increased usage of smart gas meters leads to the need to manage a large amount of metering information. The lack of a centralized system to manage the data has an adverse effect on the revenue generation of a company; for instance, delay in bill creation leads to delay in the company's cash inflow.
The Global Gas Meter market can be segmented into two product segments:
Basic Gas Meter
- Smart Gas Meter.
- Elster Group SE
- GE Co.
- Itron Inc.
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Market Segmentation by Product
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
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