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DUBLIN–(BUSINESS WIRE)–The “Gas Meters – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Amid the COVID-19 crisis, the global market for Gas Meters estimated at US$3.4 Billion in the year 2020, is projected to reach a revised size of US$4.4 Billion by 2026, growing at a CAGR of 4.5% over the analysis period.
Basic, one of the segments analyzed in the report, is projected to record a 4.1% CAGR and reach US$3.6 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Smart segment is readjusted to a revised 5.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $938.7 Million in 2021, While China is Forecast to Reach $879.9 Million by 2026
The Gas Meters market in the U.S. is estimated at US$938.7 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$879.9 Million by the year 2026 trailing a CAGR of 7.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 3.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.
Select Competitors (Total 75 Featured) –
- ABB
- Aclara Technologies LLC
- DIEHL Metering
- Emerson Electric
- IMAC Systems
- Itron
- LAO Industria
- Schneider Electric
- Wyatt Engineering
- Zenner
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Gas Meters – Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Robust Natural Gas Production & Distribution, the Cornerstone for Growth in the Market
- Robust Production of Natural Gas Promises Lucrative LNG Metering applications in Industrial Plants, Liquefaction Plants & Domestic Gas Distribution: Global Natural Gas Production in bcm: 2010-2020
- Leading Producers of Natural Gas in bcm: 2018
- Recent Market Activity
- Innovations & Advancements
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- As Gas Utilities Come Under Pressure to Curb Wastages & Ensure Accurate Billing, Smart Gas Solutions Rise in Popularity
- Here’s Why Modern Gas Utilities Need Smart Gas Meters
- Rise of Smart Cities Drives Up Deployment of Smart Gas Meters
- At the Core of Smart Cities Are Smart Gas Solutions that Help Provision Smart Utility Services Resulting in the Creation of Smart Outcomes for Citizens& Communities: Global Market for Smart City Technologies (Hardware, Software, and Services) In US$ Million for the Years 2017 & 2020
- Development of Gas Pipeline Infrastructure, a Key Demand Driver
- Global Under Construction and Planned Pipeline Activity (in Miles) by Region (As of 2019)
- Piped Cooking Gas Initiatives, the Foundation for Growth of Gas Meters in the Domestic Sector in Developing Countries
- Rapid industrialization & Increased Use of Natural Gas Drives Demand in the Industrial Sector
- IoT Automated Gas Meters, A Revolution in Efficiency Underway
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/v5tniy
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