Press release
Gas Meters Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2025
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.
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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.
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.
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.
Competitive Insights
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.
Gas Meters Market, 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, Rest of South America
Middle East and Africa: Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA
Competitive Analysis
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 market share of the overall industry.
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
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Table of Contents
2018-2025 Global Gas Meters Consumption Market Report
1. Introduction
1.1. Report Description
2. Executive Summary
2.1. Key Highlights
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
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)
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