Gas Meters Market - Global Industry Analysis, Size, Share, Trends & Forecast : 2024

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  • Transparency MarketResearch

    Gas Meters Market (Product Type - Diaphragm Gas Meter, Rotary Gas Meter,Turbine Gas Meter, and Ultrasonic Gas Meter; Application - Residential,

    Commercial, and Industrial) - Global Industry Analysis, Size, Share, GrowthTrends and Forecast 2016 - 2024

    Global Gas Meters Market: Growing Usage of Natural Gas as Primary EnergySource to Boost Growth, finds TMR

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    160 Page ReportPublished Date14-Feb-2017

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  • Gas Meters Market

    Gas Meters Market - Global Industry Analysis, Size, Share, Growth Trends and Forecast 2016 - 2024

    Most of the companies in the global market for gas meters operate at regional level. Led by Elster Group GmbH, Itron Inc., and Dandong Dongfa Co. Ltd., this market demonstrates a highly competitive nature, states a new study by Transparency Market Research (TMR). In 2015, these three companies collectively accounted for 33.4% of the overall market.

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    These gas meters manufacturers are striving to improve in regional and the global markets and are aggressively focusing on product innovation. Analysts at TMR expect the degree of competition within this market to remain high over the next few years.

    According to the research report, the global market for gas meters presented an opportunity worth US$2.3 bn in 2015. Increasing at a CAGR of 8.10% during the period from 2016 to 2024, the market is likely to reach a value of US$4.7 bn by the end of the forecast period. The demand for diaphragm gas meters is higher than other products and is expected to remain so over the years to come, states the market study.

    Increasing Industrialization to Boost Asia Pacific Gas Meters Market

    The report also presents a regional analysis of the worldwide market for gas meters. As per the report, Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa are the prime regional markets for gas meters across the world. Among these, Asia Pacific has acquired the leading position in the overall market and is expected to remain dominant throughout the forecast period, thanks to the increasing industrialization in this region. China, Japan, Australia,India, and the ASEAN countries have surfaced as the leading domestic markets for gas meters in Asia Pacific. The rising consumption of natural gas in Asia Pacific is projected to propel this regional market substantially in the years to come.

    Europe is also expected to witness healthy growth in the demand for gas meters over the next few years on account of the rising enforcement of stringent regulations regarding the usage of smart meters and the increasing uptake of natural

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  • Gas Meters Market

    gas as primary fuel. The U.K., France, Germany, Italy, and Russia are expected to lead the Europe market for gas meters, states the report.

    Increasing Enforcement of Favorable Regulations to Propel Global Gas Meters Market

    The growing usage of natural gas as a primary energy source is the key factor behind the growth of the global gas meters market, states the author of this report. With natural gas replacing crude oil in a number of applications, its consumption across the residential, commercial, and industrial sectors has increased tremendously, which is reflecting on the growth of this market greatly.

    On the flip side, the incompetence of gas meters in managing large data volumes generated from smart gas meters, high initial and switching costs, and the rising uptake of hybrid metering systems may restrict the rise of this market to some extent over the forthcoming years. However, the rising enforcement of favorable regulations and laws regarding adoptionof smart meters is anticipated to boost this market considerably in the years to come, notes the study.

    The study presented here is based on a report by Transparency Market Research (TMR) titled Gas Meters Market - Global Industry Analysis, Size, Share, Growth Trends and Forecast 2016 - 2024.

    The global gas meters market has been segmented as follows:

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    Regional Analysis

    -North America

    -The U.S.

    -Canada

    -Europe

    -The U.K.

    -Germany

    -France

    -Russia

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  • Gas Meters Market

    -Rest of Europe

    -Asia Pacific

    -China

    -India

    -Japan

    -ASEAN

    -Rest of Asia Pacific

    -Middle East & Africa

    -GCC

    South Africa

    -Rest of Middle East & Africa

    -Latin America

    -Brazil

    -Mexico

    -Rest of Latin America

    Global Gas Meters Market: By Product Type

    -Diaphragm gas meters

    -Rotary Gas Meters

    -Turbine Gas Meters

    -Ultrasonic Gas Meters

    -Other Types Gas Meters

    Global Gas Meters Market: By Application Type

    -Residential

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  • Gas Meters Market

    -Commercial

    -Industrial

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  • Gas Meters Market

    1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 1.4. Key Questions Answered

    2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Acronyms Used

    3. Executive Summary 3.1. Global Gas Meters Market Size, By Market Value (US$ Mn) and Market Value Share, By Region 3.2. Market Size, Indicative (US$ Mn) 3.3. Top Trends

    4. Market Overview 4.1. Product Overview 4.2. Industry Trend Analysis 4.3. Market Indicators 4.4. Smart Gas Meters Technology Adoption Trend Analysis, 2013 2024 (Units)

    5. Market Dynamics 5.1. Drivers and Restraints Snapshot Analysis 5.1.1. Drivers 5.1.2. Restraints 5.1.3. Opportunities 5.2. Porters Analysis 5.2.1. Threat of Substitutes 5.2.2. Power of Buyers 5.2.3. Threat of New Entrants 5.2.4. Power of Suppliers 5.2.5. Degree of Competition 5.3. Value Chain Analysis 5.4. Global Gas Meters Market Outlook

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    TABLE OF CONTENT

  • Gas Meters Market

    6. Global Gas Meters Market Analysis, By Product Type 6.1. Key Findings 6.2. Introduction 6.3. Gas Meters Market Forecast, By Product Type, 2015 2024 (Units) (US$ Mn) 6.4. Gas Meters Market Value Share Analysis, By Product Type 6.5. Diaphragm Gas Meters, 2015 2024 (Units) (US$ Mn) 6.6. Rotary Gas Meters, 2015 2024 (Units) (US$ Mn) 6.7. Turbine Gas Meters, 2015 2024 (Units) (US$ Mn) 6.8. Ultrasonic Gas Meters, 2015 2024 (Units) (US$ Mn) 6.9. Other Types Gas Meters, 2015 2024 (Units) (US$ Mn)

    7. Global Gas Meters Market Analysis, By Application 7.1. Key Findings 7.2. Introduction 7.3. Gas Meters Market Forecast, By Application, 2015 2024 (Units) (US$ Mn) 7.4. Gas Meters Market Value Share Analysis, By Product Type 7.5. Residential Application, 2015 2024 (Units) (US$ Mn) 7.6. Commercial Application, 2015 2024 (Units) (US$ Mn) 7.7. Industrial Application, 2015 2024 (Units) (US$ Mn)

    8. Global Gas Meters Market Analysis, By Region 8.1. Key Findings 8.2. Global Gas Meters Market Forecast, By Region, 2015 2024 (Units) (US$ Mn) 8.3. Global Gas Meters Market Value Share Analysis, By Region 8.4. Global Gas Meters Market Attractiveness Analysis, By Region, 2015

    9. North America Gas Meters Market Analysis 9.1. Key Findings 9.2. Policies and Regulations 9.3. North America Gas Meters Market Overview, 2015 2024 (Units) (US$ Mn) 9.4. North America Gas Meters Market Forecast, By Product Type, 2015 2024 (Units) (US$ Mn) 9.5. North America Gas Meters Market Value Share Analysis, By Product Type 9.6. North America Gas Meters Market Forecast, By Application, 2015 2024 (Units) (US$ Mn) 9.7. North America Gas Meters Market Value Share Analysis, By Application 9.8. North America Gas Meters Market Forecast, By Country, 2015 2024 (Units) (US$ Mn) 9.9. North America Gas Meters Market Value Share Analysis, By Country 9.10. U.S. Gas Meters Market Analysis, 2015 2024 (Units) (US$ Mn) 9.11. Canada Gas Meters Market Analysis, 2015 2024 (Units) (US$ Mn)

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    10. Europe Gas Meters Market Analysis 10.1. Key Findings 10.2. Policies and Regulations 10.3. Europe Gas Meters Market Overview, 2015 2024 (Units) (US$ Mn) 10.4. Europe Gas Meters Market Forecast, By Product Type, 2015 2024 (Units) (US$ Mn) 10.5. Europe Gas Meters Market Value Share Analysis, By Product Type 10.6. Europe Gas Meters Market Forecast, By Application, 2015 2024 (Units) (US$ Mn) 10.7. Europe Gas Meters Market Value Share Analysis, By Application 10.8. Europe Gas Meters Market Forecast, By Country, 2015 2024 (Units) (US$ Mn) 10.9. Europe Gas Meters Market Value Share Analysis, By Country 10.10. U.K. Gas Meters Market Analysis, 2015 2024 (Units) (US$ Mn) 10.11. Germany Gas Meters Market Analysis, 2015 2024 (Units) (US$ Mn) 10.12. France Gas Meters Market Analysis, 2015 2024 (Units) (US$ Mn) 10.13. Russia Gas Meters Market Analysis, 2015 2024 (Units) (US$ Mn) 10.14. Rest of Europe Gas Meters Market Analysis, 2015 2024 (Units) (US$ Mn)

    11. Asia Pacific Gas Meters Market Analysis 11.1. Key Findings 11.2. Policies and Regulations 11.3. Asia Pacific Gas Meters Market Overview, 2015 2024 (Units) (US$ Mn) 11.4. Asia Pacific Gas Meters Market Forecast, By Product Type, 2015 2024 (Units) (US$ Mn) 11.5. Asia Pacific Gas Meters Market Value Share Analysis, By Product Type 11.6. Asia Pacific Gas Meters Market Forecast, By Application, 2015 2024 (Units) (US$ Mn) 11.7. Asia Pacific Gas Meters Market Value Share Analysis, By Application 11.8. Asia Pacific Gas Meters Market Forecast, By Country, 2015 2024 (Units) (US$ Mn) 11.9. Asia Pacific Gas Meters Market Value Share Analysis, By Country 11.10. China Gas Meters Market Analysis, 2015 2024 (Units) (US$ Mn) 11.11. India Gas Meters Market Analysis, 2015 2024 (Units) (US$ Mn) 11.12. Japan Gas Meters Market Analysis, 2015 2024 (Units) (US$ Mn) 11.13. ASEAN Gas Meters Market Analysis, 2015 2024 (Units) (US$ Mn) 11.14. Rest of Asia Pacific Gas Meters Market Analysis, 2015 2024 (Units) (US$ Mn)

    12. Middle East & Africa Gas Meters Market Analysis 12.1. Key Findings 12.2. Policies and Regulations 12.3. Middle East & Africa Gas Meters Market Overview, 2015 2024 (Units) (US$ Mn) 12.4. Middle East & Africa Gas Meters Market Forecast, By Product Type, 2015 2024 (Units) (US$ Mn)

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  • Gas Meters Market

    12.5. Middle East & Africa Gas Meters Market Value Share Analysis, By Product Type 12.6. Middle East & Africa Gas Meters Market Forecast, By Application, 2015 2024 (Units) (US$ Mn) 12.7. Middle East & Africa Gas Meters Market Value Share Analysis, By Application 12.8. Middle East & Africa Gas Meters Market Forecast, By Country, 2015 2024 (Units) (US$ Mn) 12.9. Middle East & Africa Gas Meters Market Value Share Analysis, By Country 12.10. GCC Gas Meters Market Analysis, 2015 2024 (Units) (US$ Mn) 12.11. South Africa Gas Meters Market Analysis, 2015 2024 (Units) (US$ Mn) 12.12. Rest of Middle East & Africa Gas Meters Market Analysis, 2015 2024 (Units) (US$ Mn)

    13. Latin America Gas Meters Market Analysis 13.1. Key Findings 13.2. Policies and Regulations 13.3. Latin America Gas Meters Market Overview, 2015 2024 (Units) (US$ Mn) 13.4. Latin America Gas Meters Market Forecast, By Product Type, 2015 2024 (Units) (US$ Mn) 13.5. Latin America Gas Meters Market Value Share Analysis, By Product Type 13.6. Latin America Gas Meters Market Forecast, By Application, 2015 2024 (Units) (US$ Mn) 13.7. Latin America Gas Meters Market Value Share Analysis, By Application 13.8. Latin America Gas Meters Market Forecast, By Country, 2015 2024 (Units) (US$ Mn) 13.9. Latin America Gas Meters Market Value Share Analysis, By Country 13.10. Brazil Gas Meters Market Analysis, 2015 2024 (Units) (US$ Mn) 13.11. Mexico Gas Meters Market Analysis, 2015 2024 (Units) (US$ Mn) 13.12. Rest of Latin America Gas Meters Market Analysis, 2015 2024 (Units) (US$ Mn)

    14. Competition Landscape 14.1. Global Gas Meters Market Revenue Share Analysis, By Company (2015) 14.2. Company Profiles 14.2.1. ABB 14.2.1.1. Company Details 14.2.1.2. Company Description 14.2.1.3. Business Overview 14.2.1.4. SWOT Analysis 14.2.1.5. Financial Details 14.2.1.6. Strategic Overview 14.2.2. AEM SA 14.2.2.1. Company Details 14.2.2.2. Company Description 14.2.2.3. Business Overview

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  • Gas Meters Market

    14.2.3. Apator SA 14.2.3.1. Company Details 14.2.3.2. Company Description 14.2.3.3. Business Overview 14.2.3.4. SWOT Analysis 14.2.3.5. Financial Details 14.2.3.6. Strategic Overview 14.2.4. Badger Meter Inc. 14.2.4.1. Company Details 14.2.4.2. Company Description 14.2.4.3. Business Overview 14.2.4.4. SWOT Analysis 14.2.4.5. Financial Details 14.2.4.6. Strategic Overview 14.2.5. Betar Ltd. 14.2.5.1. Company Details 14.2.5.2. Company Description 14.2.5.3. Business Overview 14.2.6. Diehl Gas Metering GmbH 14.2.6.1. Company Details 14.2.6.2. Company Description 14.2.6.3. Business Overview 14.2.6.4. SWOT Analysis 14.2.6.5. Financial Details...

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