A gas meter is used to measure the volume of fuel gases, which includes natural gas and liquefied petroleum gas. They are widely used in residential, commercial, and industrial sectors, which consume fuel gas supplied by a gas utility. The rising investments in infrastructure development to drive growth in smart cities would increase the growth of the gas meters market. Further, the growing demand for manufacturing sectors needs more efficient infrastructure, which will lead to an increase in global gas meter market growth during the forecast period.
MARKET DYNAMICS
The growing petrochemical sector is driving the growth of the gas meters market. However, the high initial cost may restrain the growth of the gas meters market. Furthermore, the smart grid investment is anticipated to witness massive demand during the forecast period.
MARKET SCOPE
The "Global Gas Meters Market Analysis to 2028" is a specialized and in-depth study of the gas meters market with a special focus on the global market trend analysis. The report aims to provide an overview of gas meters market with detailed market segmentation by technology, type, application, and geography. The global gas meters market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading gas meters market players and offers key trends and opportunities in the gas meters market.
MARKET SEGMENTATION
The global gas meters market is segmented on the basis of technology, type, and application. On the basis of technology, the market is segmented up to standard meters and smart meters. On the basis of type, the market is segmented as diaphragm, rotary, turbine, ultrasonic, and others. On the basis of application, the market is segmented as residential, commercial, and industrial.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global gas meters market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The gas meters market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting gas meters market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the gas meters market in these regions.
MARKET PLAYERS
The reports cover key developments in the gas meters market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from gas meters market are anticipated to lucrative growth opportunities in the future with the rising demand for gas meters market. Below mentioned is the list of few companies engaged in the gas meters market.
The report also includes the profiles of key gas meters market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ABB Ltd
- AEM SA
- APATOR SA
- Badger Meter, Inc
- Diehl Foundation and Co. KG
- EDMI Limited
- Honeywell International Inc.
- Itron, Inc.
- Landis+Gyr
- Zenner Gas S.r.l.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.