Energia
Gas Meter Market to Reach $9.7 Bn, Globally, by 2028 at 6.6% CAGR: Allied Market Research
Rapid industrialization in emerging economies and strong support from governments across the globe have boosted the growth of the global gas meter market. However, high installation costs and integration of complex technologies hinder the market growth. On the contrary, favorable policies and subsidies from industry players are estimated to open lucrative opportunities for the market players in the future.
): https://www.alliedmarketresearch.com/request-sample/11718
By product type, the smart gas meters segment would register the highest CAGR of 7.0% during the forecast period, due to rise in emphasis of smart meter devices in commercial and large industrial areas. Moreover, the segment held the largest share in 2020, accounting for more than two-thirds of the global gas meter market. The report includes an analysis of the traditional gas meters segment as well.
https://www.alliedmarketresearch.com/request-for-customization/11718?reqfor=covid
By end user, the residential segment dominated the market in terms of revenue in 2020, contributing more than two-fifths of the global gas meter market, and is expected to continue its dominance throughout the forecast period. This is due to rise in disposable income and changing in lifestyle coupled with rise in demand for smooth and steady power solutions. However, the industrial segment is projected to register the highest CAGR of 7.2% from 2021 to 2028, due to surge in demand for smart and efficient gas supply in the industrial sector.
By region, the market across Europe , followed by North America , held the largest share in 2020, contributing to more than two-fifths of the market, due to surge in concern toward energy conservation and government regulation regarding energy management. However, the global gas meter market across Asia-Pacific is anticipated to portray the of 8.8% during the forecast period, owing to rise in demand for smart metering devices in the region.
https://www.alliedmarketresearch.com/connect-to-analyst/11718
is projected to reach
$11.9 billion by 2026, growing at a CAGR of 6.3% from 2019 to 2026.
is projected to reach $959.8 million by 2028, growing at a CAGR of 5.1% from 2021 to 2028.
is projected to reach $66.5 billion by 2027, growing at a CAGR of 6.1% from 2020 to 2027.
is projected to reach $25.4 billion by 2027, growing at a CAGR of 6.5% from 2020 to 2027.
is projected to reach at $36,035 million by 2023, growing at a CAGR of 14.1% from 2017 to 2023.
is projected to reach $9.8 billion by 2028, growing at a CAGR of 54.7% from 2021 to 2028.
is expected to reach $214 billion by 2022 and is projected to grow at a CAGR of 14.4% between 2015 and 2022.
Gas Turbine Market: Global opportunity Analysis and Industry Forecast, 2020–2027
Power Quality Meter Market: Global Opportunity Analysis and Industry Forecast, 2020-2027
Power Metering Market - Opportunities and Forecasts, 2021-2028
Landfill Gas Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
Gas Engine Market: Global Opportunity Analysis and Industry Forecast 2020-2027
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon . Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong : +852-301-84916
India ( Pune ): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow us on: LinkedIn | Twitter
Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg