Global Smart Gas Meter Market Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global Smart Gas Meter Market - Segmented by End User (Commercial, Residential, Industrial), and Region - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

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.

Smart metering solutions comprise of meters or modules, with communication capabilities 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.

Smart 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.

The 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.

Companies Mentioned

  • Landis + GYR Group AG
  • Wasion Group Holdings
  • Elster Group SE
  • Itron Inc
  • Sensus USA Inc
  • General Electric Company
  • Diehl Stiftung GmbH & Co. KG
  • Pietro Fiorentini
  • Apator SA
  • Yazaki Corporation
  • Aichi Tokei Denki
  • Meter Italia
  • AEM
  • Zenner International Gmbh & Co KG

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Market Analysis

4. Market Dynamics

5. Segmentation by Region

6. Segmentation, by End User

7. Competitive Intelligence - Key vendor Profiles

8. Vendor Market Share Analysis

9. Future of the Market

For more information about this report visit https://www.researchandmarkets.com/research/skqc4x/global_smart_gas?w=4

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Related Topics: Smart Grid

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Smart Grid