The detailed report of Gas Meters Market evaluated by skilled experts is segmented into Application and Product. The Gas Meters Market is anticipated to witness considerable development in the following years from 2018-2023.
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Industry Outlook and Trend Analysis:
The Gas Meters Market was worth USD 1.23 billion in 2014 and is expected to reach approximately USD 2.33 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 7.36% during the forecast period. As natural gas progressively replaces crude oil for energy requirements, the gas meters market observes uplift. Apart from burning cleanly discharging couple of results into the environment on combustion, economic viability and non-toxicity make for boosting demand of natural gas. While underground pipelines for natural gas defend the risk of supply disturbance, need to limit losses transmission and dissemination require installation of meters in the supply system. This empowers exact recording of gas thrust towards the start and gas recovered toward the end. Rising popularity of smart meters for advantages of transmission of energy usage at regular intervals are favouring the gas meters market.
Major Leading Players:
The leading players in the market are Itron, Dandong Donga Co, Elster GmbH, Diehl Gas Metering GmbH, EDMI Ltd and Apator. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Regional Outlook and Trend Analysis:
Asia Pacific is a major market for gas meters. Economic growth in developing economies leading to the increasing usage of LPG as a domestic fuel is booming the sales of gas meters. Industrial growth in upcoming economies leading to increasing usage of natural gas is stoking demand for gas meters. These factors are benefitting the Asia Pacific gas meters market.
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Application Outlook and Trend Analysis:
The residential fragment is the leading among the others and is anticipated to continue dominating over the forecast period. Expanding number of residential gas associations is anticipated to bolster the sales of gas meters for residential needs. However, the industrial fragment is anticipated to enlist the main CAGR through 2024 on the back of expanding usage of natural gas for industrial operations.
Product Type Outlook and Trend Analysis:
Diaphragm segment, among the different product types, is anticipated to dominate the market over the forecast period. The development of the portion is for the most part a direct result of expanding number of residential gas subscriptions for cooking and heating requirements. Turbine gas meters, then again, are anticipated to rise substantially through the estimate time frame. Expanding usage of natural gas for industrial tasks is predominantly boosting the adoption of turbine gas meters.
The Gas Meters Market is segmented as follows-
By Product Type: Diaphragm Gas Meters, Turbine Gas Meters, Rotary Gas Meters, Ultrasonic Gas Meters & Other
By Application: Residential & Commercial
By Region: North America: (U.S., Canada & Mexico), Europe: (Germany, UK, France, Russia, Italy & Rest of Europe), Asia-Pacific: (China, Japan, South Korea, India, Southeast Asia & Rest of Asia-Pacific), South America: (Brazil, Argentina, Columbia, South Africa & Rest of South America) and Middle East and Africa: (Saudi Arabia, UAE, Egypt, Nigeria, South Africa & Rest of MEA)
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Major ToC of Gas Meters Market:
Part 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
Part 2. Executive Summary
2.1. Key Highlights
Part 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
Part 4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2014-2023)
4.1.2. Canada Market States and Outlook (2014-2023)
4.1.3. Mexico Market States and Outlook (2014-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2014-2023)
4.2.2. France Market States and Outlook (2014-2023)
4.2.3. UK Market States and Outlook (2014-2023)
4.2.4. Russia Market States and Outlook (2014-2023)
4.2.5. Italy Market States and Outlook (2014-2023)
4.2.6. Rest of Europe Market States and Outlook (2014-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2014-2023)
4.3.2. Japan Market States and Outlook (2014-2023)
4.3.3. Korea Market States and Outlook (2014-2023)
4.3.4. India Market States and Outlook (2014-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2014-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2014-2023)
4.4.2. Argentina Market States and Outlook (2014-2023)
4.4.3. Columbia Market States and Outlook (2014-2023)
4.4.4. Rest of South America Market States and Outlook (2014-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2014-2023)
4.5.2. UAE Market States and Outlook (2014-2023)
4.5.3. Egypt Market States and Outlook (2014-2023)
4.5.4. Nigeria Market States and Outlook (2014-2023)
4.5.5. South Africa Market States and Outlook (2014-2023)
4.5.6. Rest of MEA Market States and Outlook (2014-2023)
Part 5. Gas Meters Market, By Product Type
5.1. Introduction
5.2. Global Gas Meters Sales, Revenue and Market Share by Product Type (2014-2018)
5.2.1. Global Gas Meters Sales and Sales Share by Product Type (2014-2018)
5.2.2. Global Gas Meters Revenue and Revenue Share by Product Type (2014-2018)
5.3. Diaphragm Gas Meters
5.3.1. Global Diaphragm Gas Meters Sales and Growth Rate (2014-2018)
5.4. Rotary Gas Meters
5.4.1. Global Rotary Gas Meters Sales and Growth Rate (2014-2018)
5.5. Turbine Gas Meters
5.5.1. Global Turbine Gas Meters Sales and Growth Rate (2014-2018)
5.6. Ultrasonic Gas Meter
5.6.1. Global Ultrasonic Gas Meter Sales and Growth Rate (2014-2018)
5.7. Other Types Gas Meters
5.7.1. Global Other Types Gas Meters Sales and Growth Rate (2014-2018)
...CONTINUED FOR TOC
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