Smart Gas Meter Market Insights:-
Major promotion of smart gas meters by the government has resulted in a successful conclusion of the first phase of smart gas meter implementation in many countries. There is still a long way to go to make this initiative customer friendly.
Increasing government roll outs across the globe is the key factor driving the growth of the market. In EU, around 1.5 million smart gas meter already installed in households. Additionally, increasing need for efficient energy usage and conservation of energy has prompted a significant demand in the smart gas meter which allows the consumers to be on top of their energy consumption and production. Furthermore, rising investment in smart grid projects across the globe is also fuelling the growth of the market.
Although the Smart Gas Meters Market has witnessed a significant growth in recent times there still exists a lack of global implementation of the smart gas meter approach which results in tremendous future scope.
Leading Key Players:-
The rising affinity for diversification in the market has indirectly enabled the players to utilize the many prospects available. This specific trend has enabled portfolio improvements along with the similarity for modification in the sector, which has helped the market players enormously. The buyouts in the market are expected to help players in expanding their offshore operations and increase their market share significantly. Companies are also focusing on strategies that assure long-term sustenance and enhance their financial liquidity.
Landis+Gyr (Switzerland), Xylem, Inc. (U.S.), Aclara Technologies LLC (U.S.), Honeywell International Inc. (U.S.), Itron Inc. (U.S.), EDMI (Singapore), Apator Group (Poland), DIEHL Metering (Germany), Zenner (Germany), MeteRSit (Italy), and Flonidan A/S (Denmark).
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Tapping the new opportunities:-
Developing nations specifically the Asia-Pacific region has been instrumental in the growth of the smart gas meter market. Recent investment in the manufacturing sector in this region has been boosting the demand for smart gas meters. Increasing population also increases the scope for household application. Growing demand for energy efficiency in this region combined with the sheer population is expected to be a major opportunity for the smart gas meter industry. With china already pushing for massive smart gas and energy meter government rolls outs and other favorable policies such as make in India are expected to attract significant investments from major manufacturers in the Asia-Pacific region during the forecast period.
Major Points From TOC:-
2 Market Introduction
2.1 Definition 16
2.2 The Scope Of The Study 16
2.3 List Of Assumptions 17
2.4 Market Structure 17
2.5 Key Takeaways 18
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3 Research Methodology
3.1 Research Process 20
3.2 Primary Research 20
3.3 Secondary Research 21
3.4 Market Size Estimation 21
3.5 Forecast Model 22
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