Smart Gas Meter Market Size, Share And Rating | Forecast 2018 – 2023.

Smart Gas Meters Research Report- Forecast to 2023

Smart Gas Meter Market Size, Share And Rating | Forecast 2018 – 2023.

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Copyright Š 2018 Market Research Future.

Smart Gas Meters Research Report- Forecast to 2023

1 Summary 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.

One such problem is the adaptability of smart gas meters. Most of the smart gas meters are effectively trapped with their energy supplier. The gadgets are supposed to record household energy use every 30 minutes and send this information directly to energy companies, meaning customers pay only for the energy they use. The smart meters installed in the households are not adaptable to the rival supplier’s connections.

Switching suppliers would result in the meter being no longer “Smart”, but would revert back to a dumb mode which is no different from the traditional meters we have been using for decades.

Key Players: The key players of global Smart Gas Meter market Landis+Gyr (Switzerland), Itron Inc. (U.S.), Apator Group (Poland), Honeywell International, Inc. (U.S.), Diehl Metering (U.K.), Raychem RPG (India), Sensus (U.S.), Dandong Dongfa Group Co. Ltd. (China), EDMI Limited (Singapore), and Chongqing Shancheng Gas Equipment Co. Ltd. (China). In 2016, these companies accounted for a majority share in the global market.

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Copyright © 2018 Market Research Future.

Smart Gas Meters Research Report- Forecast to 2023

2 Market Overview: Smart Gas Meters allow its end users to control gas usages displaying the accurate real time data and advanced data analytics of gas usages of each day. They automatically send the collected data to the supplier using wireless meter reading network allowing them to read meter remotely by wireless meter reading software or hand held unit thus saving time and energy for the users. The collected data also consist of the information on gas consumption, valve status, and battery status etc. Smart Gas Meters can close valve and stop gas supply on the command of close valve from the wireless software or hand held unit therefore eradicating chances of probable accidents in cases like gas leakages etc. Similarly, the open valve command will restart the gas supply. Owing to the numerous advantages such as energy efficient consumption control etc., Smart Gas Meters are increasingly replacing the traditional meters and its market is witnessing a significant growth in recent times.

Industry/ Innovation/ Related News: January 16, 2018 – Landis+Gyr announced the release of Command Center 7.2, the latest version of its operating platform for the company’s Advanced Metering Infrastructure (AMI) networks. Command Center 7.2 lays the groundwork for the next generation of IoT connectivity on the building in support for new devices and management of peer-to-peer communications on the network. It also enables enhanced integration with other utility software products.

Smart Gas Meter Global Market - Segments For the convenience of the report and enhanced understanding; MRFR Analysis is been segmented in to 3 key dynamics;

By Product

: Comprises Diaphragm, Turbine. Rotary among other.

By Application

By Regions

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: Residential and Commercial.

: North America, Europe, APAC and Rest of the World.

Copyright Š 2018 Market Research Future.

Smart Gas Meters Research Report- Forecast to 2023

Market Research Analysis: Both North America and Europe are estimated to hold a dominating share within the smart gas meter market. U.S. is another major market for Smart Gas Meters. Government policy mandates and fiscal incentives have been the primary drivers for the demand for Smart Gas Meters. Also, the region is the hub of major manufacturers which has the positive influence on the growth of the market. During the forecast period Government policy mandates and fiscal incentives have been the primary drivers for the demand for Smart Gas Meters. European region is expected to have the fastest growth in next half a decade.

However, Asia-Pacific region is also projected to register a considerably high growth rate during the forecast period. Increasing investments on account of government initiatives and roll-outs is expected to be a major driving factor for the growth of the European market.

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Copyright Š 2018 Market Research Future.

Smart Gas Meters Research Report- Forecast to 2023

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Copyright Š 2018 Market Research Future.