According to MarkNtel Advisors’ research report titled “Global Smart Gas Meter Market Analysis, 2020”, the Smart Gas Meter market is projected to register a CAGR of around 6% during 2020-25. In 2019, Europe captured a significant market share in the Global Smart Gas Meter market. Several countries in Europe such as Italy, France, and Luxembourg have initiated the deployment of smart gas meters, which is projected to positively impact the growth of Global Smart Gas Meter market in the forthcoming period.
Gaz Réseau Distribution France (GRDF) aims to install around 11 million smart meters in the households of France by 2023, powered by Oracle Meter Data Management (MDM). Hence, it is projected to boost the growth of Global Smart Gas Meter market.
Moreover, the automated meter reading acquired the highest market in the Global Smart Gas Meter market in 2019. However, the demand for advanced metering infrastructure is anticipated to surge in the years to come due to its ability to provide two-way communication between the meter and utility.
According to MarkNtel Advisors, the major players who has captured a significant market share in the Global Smart Gas Meter market include Itron, Elster, Pietro Fiorentini, Landis+Gyr, AEM, Meter Italia, Flonidan, etc. The numerous collaborations between these companies to provide smart meters is projected to expand their businesses in the coming years.
Key Questions Answered in the Market Research Report
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Smart Gas Meter Market?
2. What are the region wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the Global Smart Gas Meter Market?
4. Who are the key competitors or market players and how they perform in Global Smart Gas Meter Market on the basis of competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of Global Smart Gas Meter Market study?