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Home›Food processing firm›The global gas meter market will be driven by growing demand for technologically advanced meters during the forecast period 2021-2026

The global gas meter market will be driven by growing demand for technologically advanced meters during the forecast period 2021-2026

By Marsha A. Jones
May 4, 2022
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Expert Market Research’s new report titled “Gas Meters Market Report and Forecast 2021-2026”, gives an in-depth analysis of the global Gas Meters market, assessing the market based on its segments such as Types, process types, distribution channels, applications and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.

Request Free Sample PDF Copy or View Report Summary @ https://www.expertmarketresearch.com/reports/gas-meter-market/requestsample

Key highlights of the report include:

Market Overview (2016-2026)

  • Historical market size (2020): USD 3.32 billion
  • Forecast CAGR (2021-2026): 5.1%
  • Historical market size (2026): 4.5 billion USD

The gas meter market is growing owing to increased demand from industrial applications such as chemical, glass, pulp and paper, metals, refining, stone, rubber, and food processing industries. The fuel mix has shifted from coal to low-emission fuels like natural gas in recent years. Growing demand for smart equipment to track fuel supply in the energy sector will be a significant driver for the development of the global gas meter market over the forecast period. The increase in the installation of basic gas meters in the commercial and residential sectors can be attributed to the boom in the segment. Growing investments in infrastructure development to drive growth in smart cities, industrial and energy corridors are expected to further increase the gas meter industry, especially in Asia-Pacific.

Explore Full Report With TOC @ https://www.expertmarketresearch.com/reports/gas-meter-market

Industry definition and major segments

A gas meter is a device that measures and records the amount of gas consumed or generated. They ensure sufficient gas pressure from the main supply and keep track of gas consumption and issue correct bills.

The market can be divided into the following segments based on type:

The market can be divided on the basis of application into:

  • Residential
  • Commercial plastics and rubber
  • Industrial

The key regional markets for Gas Meter are:

  • North America
  • Latin Americas
  • Middle East and Africa
  • Europe
  • Asia Pacific

Market trends

Low pollution, higher calorific value and easier operability are expected to play an important role in shaping the future industry. Over the next few years, such a change in customer trends should benefit the gas meter industry. As a result, administrative costs would be reduced and data processing between departments could be simplified. The inability to handle large volumes of data produced by smart gas meters, on the other hand, is expected to hamper the growth and development of the gas meter market.

Main market players

The major market players are Honeywell International Inc., Itron Inc., Apator SA., Diehl Stiftung & Co. KG, and Sensus (Xylem Inc.) among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

Related reports:

United States Fire Sprinklers Market: https://www.expertmarketresearch.com/reports/united-states-fire-sprinklers-market

Global Calcium Chloride Market: https://www.expertmarketresearch.com/reports/calcium-chloride-market

Global Dental Insurance Market: https://www.expertmarketresearch.com/reports/dental-insurance-market

Global Plastic Waste Management Market: https://www.expertmarketresearch.com/reports/plastic-waste-management-market-report

Global Nisin Market: https://www.expertmarketresearch.com/reports/nisin-market

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports and advisory services to our clients. We serve a large clientele ranging from Fortune 1000 companies to small and medium-sized businesses. Our reports cover over 100 industries in established and emerging markets researched by our trained analysts who track the latest economic, demographic, business and market data globally.

At Expert Market Research, we tailor our approach based on the needs and preferences of our clients, providing them with valuable, actionable and up-to-date market insights, helping them realize their optimal growth potential. We offer market intelligence across a range of verticals including Pharmaceuticals, Food & Beverage, Technology, Retail, Chemicals & Materials, Energy & Mining, Packaging and farming.

We also provide state-of-the-art procurement information through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market insights, supply chain insights, sourcing analytics, and procurement insights. categories with our in-depth and infallible market reports, cost of production reports, price analysis and benchmarking.

Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consulting services to a wide client base in Spanish-speaking countries. Focusing primarily on the Latin American and Spanish markets, our research experts provide relevant and actionable market insights and track key trends, economic developments and global trade data.

Determined to bring client satisfaction, we ensure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and custom research reports cover a wide range of industries from pharmaceuticals and food and beverages to packaging, logistics and transportation.

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* At Expert Market Research, we always strive to give you the latest information. The figures in the article are only indicative and may differ from the actual report.

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