Smart Gas Meter Market Growth and Development Insight - Size, Share, Growth, and Industry Analysis

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The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Global Smart Gas Meter Market (2024-2030):

According to the latest report, the 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. The report demonstrates the prominent factors propelling the exponential growth of the Smart Gas Meter Market.

Key Takeaways: Beneficial for Stakeholders and Clients

  • Historic Period: 2019-2022
  • Base year: 2023
  • Forecast Years: 2024-2030
  • CAGR (2024-30): 6%
  • Market Value in 2023: USD 6.5 Billion

Download a sample PDF of this report to gain insights into the complete report structure : https://www.marknteladvisors.com/query/request-sample/global-smart-gas-meter-market.html

What are the major Driver the Smart Gas Meter industry?

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.

Global Smart Gas Meter Market Segmentation

The Smart Gas Meter Market analysis of MarkNtel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

  • By Technology
    • Automated Meter Reading (AMR)
    • Advanced Metering Infrastructure (AMI)
    • Standard (non-AMR/AMI) Meters
  • By Component
    • Hardware
    • Software
  • By End User
    • Municipal
    • Commercial
    • Industrial
    • Residential
  • By Region
    • North America
    • South America
    • Europe
    • Middle East and Africa
    • Asia Pacific

As per the regional aspect, the Smart Gas Meter Market is expected to be dominated by the North America by capturing the potential market share. 

Explore further details about this research report-

https://www.marknteladvisors.com/research-library/global-smart-gas-meter-market.html

Top Companies in the Global Smart Gas Meter Market

Itron, Elster, Pietro Fiorentini, Landis+Gyr, AEM, Meter Italia, Flonidan, Yazaki, Secure, Aichi Tokei Denki and Other

Global Smart Gas Meter Industry Recent Development:

  • 2022: Itron Inc. declared a partnership with Sevier County Utility District (SCUD) to deploy Itron's AMI Essentials for Gas, which includes 15,000 Itron Cellular 500G Gas Modules and Temetra, the company's next-generation meter data collection and management solution.

Other reports:

Green Cement Market 

Global Green Cement Market 

Green Cement Market Size 

Green Cement Market Share 

Why Markntel Advisor Report?

Well-known business Prospects: Our accurate analysis market research report serves as a treasure map for discovering potential markets and novel product avenues. Additionally, it facilitates comparisons of products and services.

Thoughtful Customer Insights: A market report provides the marketing department with an in-depth understanding of customer requirements and desires. This information is bound to enhance products, adjust pricing, and refine advertising strategies.

Empowering Data-Backed Judgement: Our comprehensive Market research encompasses a wide spectrum of activities, including precise market sizing, detailed segment analysis, accurate demand forecasting, competitor identification, and meticulous pricing trend monitoring.

Need personalized insights? Click here to customize this report-

https://www.marknteladvisors.com/query/request-customization/global-smart-gas-meter-market.html

 For Further Queries:

MarkNtel Advisors

Call- +1 628 895 8081, +91 120 4278433

Email - sales@marknteladvisors.com

Corporate Office:  Office No.109, H-159, Sector 63, Noida, Uttar Pradesh - 201301, India

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