The latest report by MarkNtel Advisors, titled “Smart Gas Meter Market” Size study report 2024-30 provides an in-depth examination of revenue growth, market definition, segmentation, industry potential, and influential trends to help comprehend the market’s future outlook and existing prospects. Smart Gas Meter Market Share, Size, and Industry Analysis. By Technology (Automated Meter Reading, Advanced Metering Infrastructure, Standard Meters), By End User (Residential, Municipal, Commercial, Industrial), and Other. The Global Smart Gas Meter Market size is expected to be valued at around USD 6.5 billion in 2023 and is estimated to grow at a CAGR of about 6% during the forecast period, i.e., 2024-30.
Key Highlights of the Market Report:
- Detailed overview of the market share
- Changing market dynamics of the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Smart Gas Meter Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising market growth
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Global Smart Gas Meter Market Driver:
Shift Towards Clean Energy to Supplement Smart Gas Meter Deployment – The growing preference for cleaner energy sources has led to heightened natural gas demand across diverse end-user sectors. This increased demand, supported by governmental initiatives to bolster gas utilization, has been a driving force behind the Smart Gas Meter Market’s expansion.
Moreover, as per a Smart Energy GB survey on energy consumption in the UK, 86% of households equipped with smart meters have significantly adjusted their energy-saving habits. These behavioral shifts in energy consumption play a pivotal role in reducing energy emissions, thereby fostering growth in the market. Consequently, numerous suppliers are now advocating smart meter installations, often coupled with tailored tariff plans for residential usage, instigating market growth.
Smart Gas Meter Market Segmentation
By Technology
-Automated Meter Reading (AMR)
-Advanced Metering Infrastructure (AMI)
-Standard (non-AMR/AMI) Meters
By Region
-North America
-South America
-Europe
-Middle East and Africa
-Asia Pacific
By Component
-Hardware
-Software
By End User
-Municipal
-Commercial
-Industrial
-Residential
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Major Key Players in Smart Gas Meter Market research report:
-Itron
-Elster
-Pietro Fiorentini
-Landis+Gyr
-AEM
-Meter Italia
-Flonidan
-Yazaki
-Secure
-Aichi Tokei Denki
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfilled their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.
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