What is the market size of the Global Smart Gas Meter Market by 2029?


Smart Gas Meter Market was valued at USD 4.40 Bn in 2021, and it is expected to reach USD 15.45 Billion by 2029, exhibiting a CAGR of 17 % during the forecast period (2022-2029)

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Smart Gas Meter Market Scope:

We examined the Smart Gas Meter Market from every angle conceivable, including both primary and secondary research approaches. This improved our grasp of current market dynamics, such as supply-demand imbalances, pricing trends, product preferences, and customer behaviours. Following that, the data is collated and evaluated using a variety of market estimation and data validation procedures. In addition, we have an in-house data forecasting engine that predicts market growth until 2029.

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Following the completion of market engineering, which comprised market statistics, market size estimations, market forecasts, market breakdown, and data triangulation, significant primary research was done to acquire information to verify and validate important numbers. To undertake market estimating and forecasting for the overall market segments and sub-segments described in this research, top-down and bottom-up tactics, as well as different data triangulation procedures, were often employed throughout the market engineering process. Extensive qualitative and quantitative analysis is performed on all data obtained during the market engineering process in order to provide essential information throughout the report.

Smart Gas Meter Market Segmentation:

During the forecast period, Advanced Metering Infrastructure is expected to be the fastest-growing segment of the smart gas metre market. AMI technology saves utilities and Gas Company money by cutting equipment and maintenance costs and enabling speedier service restoration during outages. AMI helps customers by identifying metre problems and increasing billing accuracy. Secondly, the AMI-based smart gas metres enable time-based rate choices, which may help consumers save money and better manage their energy use. Another key advantage of advanced metering infrastructure metres is that they keep the customer-gas company relationship transparent. This keeps both parties informed of the exact readings and prevents misinterpretation.

Smart Gas Meter Market Key Players:

• Apator SA
• ABB
• GE
• Siemens
• Landis+Gyr
• Honeywell International Inc.
• Kamstrup
• Itron, Inc.
• Xylem Inc.
• Aclara
• Secure Meter Limited
• Holley Technology Ltd.
• Jabil
• Xemex
• EDMI Limited
• EMH metering GmbH & Co KG

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Regional Analysis:

The study covers both qualitative and quantitative data and offers a comprehensive look into the Smart Gas Meter industrial sector by area. It gives an overview and forecast of the worldwide Smart Gas Meter market by segment. It also forecasts and predicts market sizes for five important regions between 2021 and 2029: North America, Europe, Asia-Pacific, the Middle East, Africa, and South America. Each area's Smart Gas Meter market is further subdivided into regions and sectors. The research examines and forecasts a wide range of countries, as well as existing industry trends and prospects.

COVID-19 Impact Analysis on Smart Gas Meter Market:

We investigated and analyzed the Smart Gas Meter Business Expansion Strategy post-COVID-19, using organisational strategic analysis, landscape, category, utilization, and leading countries to encapsulate and analyze the Smart Gas Meter industry's potential, providing statistical data on market trends, growth regulators, major challenges, PORTER analysis, and market entry strategy analysis, prospects, and forecasts. The fundamental purpose of the research is to offer industrial firms a strategic analysis of the impact of COVID-19. Simultaneously, this study assessed significant countries' markets and highlighted their market potential in post-pandemic scenarios.

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Maximize Market Research provides B2B and B2C research on 12,500 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Bever

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Published in

Electronics , Industry

Published on

Dec 21, 2022

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