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Global Gas Meter Market to Witness Impressive Growth, Revenue to Surge to USD 5.3 Billion By 2028

Gas Meter Market - Global Industry Analysis

Gas Meter Market By Type (Turbine Gas Meter, Ultrasonic Gas Meter, Diaphragm Gas Meter, and Rotary gas meter), By Technology (Smart & Automated, and Conventional), By End Users (Residential, Commercial, Industrial): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Published Date: 01-Jul-2021 Category: Energy & Mining Report Format : PDF Pages: 130 Report Code: ZMR-2277 Status : Published

The global Gas Meter market accounted for USD 2.6 Billion in 2020 and is expected to reach USD 5.3 Billion by 2028, growing at a CAGR of 6.2% from 2021 to 2028.

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Description

Market Overview

The global Gas Meter market accounted for USD 2.6 Billion in 2020 and is expected to reach USD 5.3 Billion by 2028, growing at a CAGR of 6.2% from 2021 to 2028.

Gas meters are the devices which measure and record the quantity of gas produced or consumed, regardless of the quality of the gas or pressurized quantity flowing. These meters are essential for ensuring adequate gas pressure from the main supply, keeping a track on the usage of gas and providing accurate bills.

In addition to measuring the definite amount of gas utilized, a gas meter must also be efficient of detecting abnormal condition and to shut off the gas supply to prevent gas leakage. A gas meter is a specific flow meter utilized to measure the amount of fuel gases such as liquefied petroleum gas and natural gas. Gas contracts and expands due to heat. Bills are based on a temperature of 15°C. So those meter outside contain profit as compare to those with meter inside. The volume of gas absorbed in cubic meters (m^3) or cubic feet (ft?^3) or still consumers are billed in kilowatt hours (kWh). The quality of the gas flowing through the meter or pressurized quantity measure a describe volume by gas meters.

COVID-19 Impact Analysis:

COVID-19 has impacted the businesses across the globe. The imposed lockdown and spread of the contagious virus has slowed down the operations in various industries including chemical, metallurgy, Industrial, Mechanical and many more. Measures such as restriction and lockdown across the globe, have been explicit and unprecedented. It has further disrupted supply chains, delayed projects on Industrial, and created labor shortage in the plants. Energy industry across the globe delays due to the ongoing the project due to slowdown of manufacturing. These factors are likely to hamper the growth of the market in 2020.

Growth Factors

Major driving factors for the growth of gas meter market are increasing demand for smart equipment to observe supply of fuel in energy industry and industry members are investing deeply in R&D drive. High installation expenses for end users could be restraining factors for the growth of gas meter market. Growing energy demand and environmental concerns have resulted in a change towards natural gas expenditure owing to its natural characteristics. The global gas meter market offers new growth opportunities, due to R&D initiatives to develop greater innovative products in line with client specifications and reduce industrialized as well as operating costs. Smart gas meter are not widely established across the end user industries at present, but are expected to observe rapid growth in future.

Report Scope:

Report Attribute	Details
Base Year	2020
Historic Years	2016 - 2020
Forecast Years	2021 - 2028
Segments Covered	By Product Type, By Application, and By End Use
Forecast Units	Value (USD Billion), and Volume (Units)
Quantitative Units	Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered	North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered	U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered	10 companies with scope for including additional 15 companies upon request
Report Coverage	Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope	Avail customized purchase options to meet your exact research needs.

Type Segment Analysis Preview

On the basis of type, the global gas market is segmented into turbine gas meter, ultrasonic gas meter, diaphragm gas meter, and rotary gas meter. Diaphragm gas meter market segment held the largest market share due to huge demand across the globe. Diaphragm gas segment held more than 55% of the overall market in 2020 and is expected to maintain its lead with greater part share throughout the forecast period. Rotary and turbine gas meters also attract a high demand and are expected to continue growing during the next few years.

Technology Segment Analysis Preview

On the basis of Technology, gas meter market is segmented into smart & automated, and conventional. Conventional segment is estimated to account for the largest gas meter market shares among all the technology. Industrial development has resulted in the introduction of smart gas meter. Smart gas meter are ahead wide acceptance across various end-user industries in the recent past and are expected to continue this development in future.

End Users Segment Analysis Preview

On the basis of End Users, gas meter market is segmented into residential, commercials, and industrial. Residential segment held the largest market share due to huge demand across the globe for the growth of gas meter market. Particularly in the developing regions, growth in end-use industries is expected to balance the regional markets. Result in higher as well as commercial demand due to rising disposable income, growing standards of living and urbanization.

Regional Segment Analysis Preview

Asia Pacific was the most attractive and largest market region dominates the global industry in gas meter market. The major consumers of energy fuels are commercial and residential users in North America. In Europe, smart monitoring equipment is fueling immediately and introducing of smart meter in the domestic market.

Key Market Players & Competitive Landscape

The major players operating in the Gas Meter market are ABB, Actaris, Emerson Electric, LAO Industria, Wyatt Engineering, Zenner, IMAC Systems, Elster GE Itron Landis Gyr, Schneider Electric, DIEHL Metering, Aclara and DIEHL Metering.

The global Gas Meter market is segmented as follows:

By Type

Turbine Gas Meter
Ultrasonic Gas Meter
Diaphragm Gas Meter
Rotary Gas Meter

By Technology

Smart & Automated
Conventional

By End Users

Residential
Commercial
Industrial

By Region

North America
- The U.S.
- Canada
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa

Table Of Content

Chapter No. 1 Introduction
- 1.1. Report Description
  - 1.1.1. Purpose of the Report
  - 1.1.2. USP & Key Offerings
- 1.2. Key Benefits for Stakehulders
- 1.3. Target Audience
- 1.4. Report Scope
Chapter No. 2 Executive Summary
- 2.1. Key Findings
  - 2.1.1. Top Investment Pockets
    - 2.1.1.1. Market Attractiveness Analysis, By Type
    - 2.1.1.2. Market Attractiveness Analysis, By Technology
    - 2.1.1.3. Market Attractiveness Analysis, By End Users
    - 2.1.1.4. Market Attractiveness Analysis, By Region
- 2.2. Market Snapshot
- 2.3. Global Gas Meter Market, 2016 – 2028 (USD Billion)
- 2.4. Insights from Primary Respondents
Chapter No. 3 COVID 19 Impact Analysis
- 3.1. Impact Assessment of COVID-19 Pandemic, By Region
  - 3.1.1. North America
  - 3.1.2. Europe
  - 3.1.3. Asia Pacific
  - 3.1.4. Latin America
  - 3.1.5. The Middle-East and Africa
- 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
- 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
- 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
- 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
  - 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
- 3.6. Short Term Dynamics
- 3.7. Long Term Dynamics
Chapter No. 4 Gas Meter Market – Type Segment Analysis
- 4.1. Overview
  - 4.1.1. Market Revenue Share, By Type, 2020 & 2028
- 4.2. Turbine Gas Meter
  - 4.2.1. Market End Users and Forecast, By Region (USD Billion)
  - 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
  - 4.2.3. Key Market Trends, Growth Factors, & Opportunities
- 4.3. Ultrasonic Gas Meter
  - 4.3.1. Market End Users and Forecast, By Region (USD Billion)
  - 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
  - 4.3.3. Key Market Trends, Growth Factors, & Opportunities
- 4.4. Diaphragm Gas Meter
  - 4.4.1. Market End Users and Forecast, By Region (USD Billion)
  - 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
  - 4.4.3. Key Market Trends, Growth Factors, & Opportunities
- 4.5. Rotary Gas Meter
  - 4.5.1. Market End Users and Forecast, By Region (USD Billion)
  - 4.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
  - 4.5.3. Key Market Trends, Growth Factors, & Opportunities
Chapter No. 5 Gas Meter Market – Technology Segment Analysis
- 5.1. Overview
  - 5.1.1. Market Revenue Share, By Technology, 2020 & 2028
- 5.2. Smart & Automated
  - 5.2.1. Market End Users and Forecast, By Region (USD Billion)
  - 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
  - 5.2.3. Key Market Trends, Growth Factors, & Opportunities
- 5.3. Conventional
  - 5.3.1. Market End Users and Forecast, By Region (USD Billion)
  - 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
  - 5.3.3. Key Market Trends, Growth Factors, & Opportunities
Chapter No. 6 Gas Meter Market – End Users Segment Analysis
- 6.1. Overview
  - 6.1.1. Market Revenue Share, By End Users, 2020 & 2028
- 6.2. Residential
  - 6.2.1. Market End Users and Forecast, By Region (USD Billion)
  - 6.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
  - 6.2.3. Key Market Trends, Growth Factors, & Opportunities
- 6.3. Commercial
  - 6.3.1. Market End Users and Forecast, By Region (USD Billion)
  - 6.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
  - 6.3.3. Key Market Trends, Growth Factors, & Opportunities
- 6.4. Industrial
  - 6.4.1. Market End Users and Forecast, By Region (USD Billion)
  - 6.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
  - 6.4.3. Key Market Trends, Growth Factors, & Opportunities
Chapter No. 7 Gas Meter Market – Regional Analysis
- 7.1. Overview
  - 7.1.1. Global Market Revenue Share, By Region, 2020 & 2028
  - 7.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
- 7.2. North America
  - 7.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
  - 7.2.2. North America Market Revenue, By Type, 2016 – 2028
  - 7.2.3. North America Market Revenue, By Technology, 2016 – 2028
  - 7.2.4. North America Market Revenue, By End Users, 2016 – 2028
  - 7.2.5. U.S.
    - 7.2.5.1. U.S. Market Revenue, By Type, 2016 – 2028
    - 7.2.5.2. U.S. Market Revenue, By Technology, 2016 – 2028
    - 7.2.5.3. U.S. Market Revenue, By End Users, 2016 – 2028
  - 7.2.6. Canada
    - 7.2.6.1. Canada Market Revenue, By Type, 2016 – 2028
    - 7.2.6.2. Canada Market Revenue, By Technology, 2016 – 2028
    - 7.2.6.3. Canada Market Revenue, By End Users, 2016 – 2028
  - 7.2.7. Mexico
    - 7.2.7.1. Mexico Market Revenue, By Type, 2016 – 2028
    - 7.2.7.2. Mexico Market Revenue, By Technology, 2016 – 2028
    - 7.2.7.3. Mexico Market Revenue, By End Users, 2016 – 2028
- 7.3. Europe
  - 7.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
  - 7.3.2. Europe Market Revenue, By Type, 2016 – 2028
  - 7.3.3. Europe Market Revenue, By Technology, 2016 – 2028
  - 7.3.4. Europe Market Revenue, By End Users, 2016 – 2028
  - 7.3.5. Germany
    - 7.3.5.1. Germany Market Revenue, By Type, 2016 – 2028
    - 7.3.5.2. Germany Market Revenue, By Technology, 2016 – 2028
    - 7.3.5.3. Germany Market Revenue, By End Users, 2016 – 2028
  - 7.3.6. France
    - 7.3.6.1. France Market Revenue, By Type, 2016 – 2028
    - 7.3.6.2. France Market Revenue, By Technology, 2016 – 2028
    - 7.3.6.3. France Market Revenue, By End Users, 2016 – 2028
  - 7.3.7. U.K.
    - 7.3.7.1. U.K. Market Revenue, By Type, 2016 – 2028
    - 7.3.7.2. U.K. Market Revenue, By Technology, 2016 – 2028
    - 7.3.7.3. U.K. Market Revenue, By End Users, 2016 – 2028
  - 7.3.8. Italy
    - 7.3.8.1. Italy Market Revenue, By Type, 2016 – 2028
    - 7.3.8.2. Italy Market Revenue, By Technology, 2016 – 2028
    - 7.3.8.3. Italy Market Revenue, By End Users, 2016 – 2028
  - 7.3.9. Spain
    - 7.3.9.1. Spain Market Revenue, By Type, 2016 – 2028
    - 7.3.9.2. Spain Market Revenue, By Technology, 2016 – 2028
    - 7.3.9.3. Spain Market Revenue, By End Users, 2016 – 2028
  - 7.3.10. Rest of Europe
    - 7.3.10.1. Rest of Europe Market Revenue, By Type, 2016 – 2028
    - 7.3.10.2. Rest of Europe Market Revenue, By Technology, 2016 – 2028
    - 7.3.10.3. Rest of Europe Market Revenue, By End Users, 2016 – 2028
- 7.4. Asia Pacific
  - 7.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
  - 7.4.2. Asia Pacific Market Revenue, By Type, 2016 – 2028
  - 7.4.3. Asia Pacific Market Revenue, By Technology, 2016 – 2028
  - 7.4.4. Asia Pacific Market Revenue, By End Users, 2016 – 2028
  - 7.4.5. China
    - 7.4.5.1. China Market Revenue, By Type, 2016 – 2028
    - 7.4.5.2. China Market Revenue, By Technology, 2016 – 2028
    - 7.4.5.3. China Market Revenue, By End Users, 2016 – 2028
  - 7.4.6. Japan
    - 7.4.6.1. Japan Market Revenue, By Type, 2016 – 2028
    - 7.4.6.2. Japan Market Revenue, By Technology, 2016 – 2028
    - 7.4.6.3. Japan Market Revenue, By End Users, 2016 – 2028
  - 7.4.7. India
    - 7.4.7.1. India Market Revenue, By Type, 2016 – 2028
    - 7.4.7.2. India Market Revenue, By Technology, 2016 – 2028
    - 7.4.7.3. India Market Revenue, By End Users, 2016 – 2028
  - 7.4.8. South Korea
    - 7.4.8.1. South Korea Market Revenue, By Type, 2016 – 2028
    - 7.4.8.2. South Korea Market Revenue, By Technology, 2016 – 2028
    - 7.4.8.3. South Korea Market Revenue, By End Users, 2016 – 2028
  - 7.4.9. South-East Asia
    - 7.4.9.1. South-East Asia Market Revenue, By Type, 2016 – 2028
    - 7.4.9.2. South-East Asia Market Revenue, By Technology, 2016 – 2028
    - 7.4.9.3. South-East Asia Market Revenue, By End Users, 2016 – 2028
  - 7.4.10. Rest of Asia Pacific
    - 7.4.10.1. Rest of Asia Pacific Market Revenue, By Type, 2016 – 2028
    - 7.4.10.2. Rest of Asia Pacific Market Revenue, By Technology, 2016 – 2028
    - 7.4.10.3. Rest of Asia Pacific Market Revenue, By End Users, 2016 – 2028
- 7.5. Latin America
  - 7.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
  - 7.5.2. Latin America Market Revenue, By Type, 2016 – 2028
  - 7.5.3. Latin America Market Revenue, By Technology, 2016 – 2028
  - 7.5.4. Latin America Market Revenue, By End Users, 2016 – 2028
  - 7.5.5. Brazil
    - 7.5.5.1. Brazil Market Revenue, By Type, 2016 – 2028
    - 7.5.5.2. Brazil Market Revenue, By Technology, 2016 – 2028
    - 7.5.5.3. Brazil Market Revenue, By End Users, 2016 – 2028
  - 7.5.6. Argentina
    - 7.5.6.1. Argentina Market Revenue, By Type, 2016 – 2028
    - 7.5.6.2. Argentina Market Revenue, By Technology, 2016 – 2028
    - 7.5.6.3. Argentina Market Revenue, By End Users, 2016 – 2028
  - 7.5.7. Rest of Latin America
    - 7.5.7.1. Rest of Latin America Market Revenue, By Type, 2016 – 2028
    - 7.5.7.2. Rest of Latin America Market Revenue, By Technology, 2016 – 2028
    - 7.5.7.3. Rest of Latin America Market Revenue, By End Users, 2016 – 2028
- 7.6. The Middle-East and Africa
  - 7.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
  - 7.6.2. The Middle-East and Africa Market Revenue, By Type, 2016 – 2028
  - 7.6.3. The Middle-East and Africa Market Revenue, By Technology, 2016 – 2028
  - 7.6.4. The Middle-East and Africa Market Revenue, By End Users, 2016 – 2028
  - 7.6.5. GCC Countries
    - 7.6.5.1. GCC Countries Market Revenue, By Type, 2016 – 2028
    - 7.6.5.2. GCC Countries Market Revenue, By Technology, 2016 – 2028
    - 7.6.5.3. GCC Countries Market Revenue, By End Users, 2016 – 2028
  - 7.6.6. South Africa
    - 7.6.6.1. South Africa Market Revenue, By Type, 2016 – 2028
    - 7.6.6.2. South Africa Market Revenue, By Technology, 2016 – 2028
    - 7.6.6.3. South Africa Market Revenue, By End Users, 2016 – 2028
  - 7.6.7. Rest of Middle-East Africa
    - 7.6.7.1. Rest of Middle-East Africa Market Revenue, By Type, 2016 – 2028
    - 7.6.7.2. Rest of Middle-East Africa Market Revenue, By Technology, 2016 – 2028
    - 7.6.7.3. Rest of Middle-East Africa Market Revenue, By End Users, 2016 – 2028
Chapter No. 8 Gas Meter Market – Industry Analysis
- 8.1. Introduction
- 8.2. Market Drivers
  - 8.2.1. Driving Factor 1 Analysis
  - 8.2.2. Driving Factor 2 Analysis
- 8.3. Market Restraints
  - 8.3.1. Restraining Factor Analysis
- 8.4. Market Opportunities
  - 8.4.1. Market Opportunity Analysis
- 8.5. Porter’s Five Forces Analysis
- 8.6. PEST Analysis
- 8.7. Regulatory Landscape
- 8.8. Type Landscape
- 8.9. Regional Market Trends
  - 8.9.1. North America
  - 8.9.2. Europe
  - 8.9.3. Asia Pacific
  - 8.9.4. Latin America
  - 8.9.5. The Middle-East and Africa
- 8.10. Pricing Analysis
- 8.11. Value Chain Analysis
- 8.12. Downstream Buyers
- 8.13. Distributors/Traders List
Chapter No. 9 Competitive Landscape
- 9.1. Company Market Share Analysis – 2019
  - 9.1.1. Global Gas Meter Market: Company Market Share, 2019
  - 9.1.2. Global Gas Meter Market, Company Market Revenue, 2016 – 2019 (USD Billion)
  - 9.1.3. Global Gas Meter Market, Company Y-o-Y Growth, 2017 – 2019 (%)
  - 9.1.4. Global Gas Meter Market: Radar Determinant Chart, 2019
- 9.2. Strategic Developments
  - 9.2.1. Acquisitions & Mergers
  - 9.2.2. New Product Launch
  - 9.2.3. Regional Expansion
- 9.3. Company Strategic Developments – Heat Map Analysis
Chapter No. 10 Company Profiles
- 10.1. ABB
  - 10.1.1. Company Overview
  - 10.1.2. Key Executives
  - 10.1.3. Product Portfolio
  - 10.1.4. Financial Overview
  - 10.1.5. Operating Business Segments
  - 10.1.6. Business Performance
  - 10.1.7. Recent Developments
- 10.2. Actaris
- 10.3. Emerson Electric
- 10.4. LAO Industria
- 10.5. Wyatt Engineering
- 10.6. Zenner
- 10.7. IMAC Systems
- 10.8. Elster GE Itron Landis Gyr
- 10.9. Schneider Electric
- 10.10. DIEHL Metering
Chapter No. 11 Marketing Strategy Analysis
- 11.1. Marketing Channel
- 11.2. Direct Marketing
- 11.3. Indirect Marketing
- 11.4. Marketing Channel Development Trends
- 11.5. Economic/Pulitical Technology Change
Chapter No. 12 Research Methodology
- 12.1. Research Methodology
- 12.2. Phase I - Secondary Research
- 12.3. Phase II - Data Modeling
  - 12.3.1. Company Share Analysis Model
  - 12.3.2. Revenue Based Modeling
- 12.4. Phase III - Primary Research
- 12.5. Research Limitations
  - 12.5.1. Assumptions

List of Figures

FIG NO. 1. Market Attractiveness Analysis, By Type
FIG NO. 2. Market Attractiveness Analysis, By Technology
FIG NO. 4. Market Attractiveness Analysis, By Region
FIG NO. 5. Global Gas Meter Market Revenue, 2016 – 2028 (USD Billion)
FIG NO. 6. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 7. Market Revenue Share, By Type, 2020 & 2028
FIG NO. 8. Global Gas Meter Market for Turbine Gas Meter, Revenue (USD Billion) 2016 – 2028
FIG NO. 9. Comparative Revenue Analysis of Gas Meter Market for Turbine Gas Meter, By Country, 2020 & 2028
FIG NO. 10. Global Gas Meter Market for Ultrasonic Gas Meter, Revenue (USD Billion) 2016 – 2028
FIG NO. 11. Comparative Revenue Analysis of Gas Meter Market for Ultrasonic Gas Meter, By Country, 2020 & 2028
FIG NO. 12. Global Gas Meter Market for Diaphragm Gas Meter, Revenue (USD Billion) 2016 – 2028
FIG NO. 13. Comparative Revenue Analysis of Gas Meter Market for Diaphragm Gas Meter, By Country, 2020 & 2028
FIG NO. 14. Global Gas Meter Market for Rotary Gas Meter, Revenue (USD Billion) 2016 – 2028
FIG NO. 15. Comparative Revenue Analysis of Gas Meter Market for Rotary Gas Meter, By Country, 2020 & 2028
FIG NO. 16. Market Revenue Share, By Technology, 2020 & 2028
FIG NO. 17. Global Gas Meter Market for Smart & Automated, Revenue (USD Billion) 2016 – 2028
FIG NO. 18. Comparative Revenue Analysis of Gas Meter Market for Smart & Automated, By Country, 2020 & 2028
FIG NO. 19. Global Gas Meter Market for Conventional, Revenue (USD Billion) 2016 – 2028
FIG NO. 20. Comparative Revenue Analysis of Gas Meter Market for Conventional, By Country, 2020 & 2028
FIG NO. 21. Market Revenue Share, By End Users, 2020 & 2028
FIG NO. 22. Global Gas Meter Market for Residential, Revenue (USD Billion) 2016 – 2028
FIG NO. 23. Comparative Revenue Analysis of Gas Meter Market for Residential, By Country, 2020 & 2028
FIG NO. 24. Global Gas Meter Market for Commercial, Revenue (USD Billion) 2016 – 2028
FIG NO. 25. Comparative Revenue Analysis of Gas Meter Market for Commercial, By Country, 2020 & 2028
FIG NO. 26. Global Gas Meter Market for Industrial, Revenue (USD Billion) 2016 – 2028
FIG NO. 27. Comparative Revenue Analysis of Gas Meter Market for Industrial, By Country, 2020 & 2028
FIG NO. 28. Global Gas Meter Market Revenue Share, By Region, 2020 & 2028
FIG NO. 29. North America Gas Meter Market Revenue, 2016 - 2028 (USD Billion)
FIG NO. 30. Porter’s Five Forces Analysis for Global Gas Meter Market
FIG NO. 31. PEST Analysis for Global Gas Meter Market
FIG NO. 32. Pricing Analysis for Global Gas Meter Market
FIG NO. 33. Value Chain Analysis for Global Gas Meter Market
FIG NO. 34. Company Share Analysis, 2019
FIG NO. 35. Radar Determinant Chart, 2019
FIG NO. 36. Company Strategic Developments – Heat Map Analysis
FIG NO. 37. ABB Business Segment Revenue Share, 2020 (%)
FIG NO. 38. ABB Geographical Segment Revenue Share, 2020 (%)
FIG NO. 39. Market Channels
FIG NO. 40. Marketing Channel Development Trend
FIG NO. 41. Growth in World Gross Product, 2008-2018
FIG NO. 42. Research Methodology – Detailed View
FIG NO. 43. Research Methodology

List of Tables

TABLE NO. 1. Global Gas Meter Market: Snapshot
TABLE NO. 2. Quarterly Gas Meter Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Gas Meter Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
TABLE NO. 6. Global Gas Meter Market for Turbine Gas Meter, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. Global Gas Meter Market for Ultrasonic Gas Meter, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8. Global Gas Meter Market for Diaphragm Gas Meter, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 9. Global Gas Meter Market for Rotary Gas Meter, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 10. Global Gas Meter Market for Smart & Automated, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 11 Global Gas Meter Market for Conventional, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 12: Global Gas Meter Market for Residential, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 13.: Global Gas Meter Market for Utility, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 14.: Global Gas Meter Market for Commercial, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 15. Global Gas Meter Market for Residential, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 16. Global Gas Meter Market for Commercial, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 17. Global Gas Meter Market for Industrial, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 18. G6obal Gas Meter Market Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 19. North America Gas Meter Market Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 20. North America Gas Meter Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 21. North America Gas Meter Market Revenue, By Technology, 2016 – 2028 (USD Billion)
TABLE NO. 22. North America Gas Meter Market Revenue, By End Users, 2016 – 2028 (USD Billion)
TABLE NO. 23. U.S. Gas Meter Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 24. U.S. Gas Meter Market Revenue, By Technology, 2016 – 2028 (USD Billion)
TABLE NO. 25. U.S. Gas Meter Market Revenue, By End Users, 2016 – 2028 (USD Billion)
TABLE NO. 26. Canada Gas Meter Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 27. Canada Gas Meter Market Revenue, By Technology, 2016 – 2028 (USD Billion)
TABLE NO. 28. Canada Gas Meter Market Revenue, By End Users, 2016 – 2028 (USD Billion)
TABLE NO. 29. Mexico Gas Meter Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 30. Mexico Gas Meter Market Revenue, By Technology, 2016 – 2028 (USD Billion)
TABLE NO. 31. Mexico Gas Meter Market Revenue, By End Users, 2016 – 2028 (USD Billion)
TABLE NO. 32. Drivers for the Gas Meter Market: Impact Analysis
TABLE NO. 33. Restraints for the Gas Meter Market: Impact Analysis
TABLE NO. 34. Major Buyers of Gas Meter
TABLE NO. 35. Distributors/Traders List of Gas Meter
TABLE NO. 36. Global Gas Meter Market, Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 37. Global Gas Meter Market, Company Y-o-Y Growth, 2017 – 2019 (USD Billion)

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Gas Meters market. Zion Research has collected and analyzed key data belong to the global Gas Meters market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account, while estimating market size. The revenue generated by the leading industry participants in from the sales of Gas Meters across the world has been calculated through primary and secondary research.

Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc.

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in validation of findings from secondary research and to understand key trends in the Gas Meters industry. Primary research makes up the major source of data collection and validation.

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
Helps in validating and strengthening the secondary research findings
Further, develops the analysis team’s expertise and market understanding
Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
Purchasing managers, technical personnel, distributors and resellers
Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
IDC and other relevant magazines
Internal and external proprietary databases, and relevant patent and regulatory databases
National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Gas Meters market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

Demographic data: Population split by segments
Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
Data is then cross-checked by an expert panel.

Free Analysis

A gas meter is a specific flow meter utilized to measure a number of fuel gases such as liquefied petroleum gas and natural gas. The volume of gas absorbed in cubic meters or cubic feet even though consumers are billed in kilowatt hours (kwh). The gas meters could only be utilized within operating temperature limits and overpressure listed on the data sheet. The quality of the gas flowing through the meter or pressurized quantity measure a describe volume by gas meters. Temperature, heating value and pressure must be made to measure actual amount and value of gas moving through a meter

The gas meters are segmented on the basis of type, technology, and end users. On the basis of type, the global gas market is segmented into turbine gas meter, ultrasonic gas meter, diaphragm gas meter, and rotary gas meter. Diaphragm gas meter market segment held the largest market share due to huge demand across the globe. On the basis of technology, gas meter market is segmented into smart & automated and conventional. The conventional segment is estimated to account for the largest gas meter market share among all the applications. On the basis of end users, gas meter market is segmented into residential, commercial, and industrial. Residential segment held the largest market share due to huge demand across the globe for the growth of gas meter market.

Global-Gas-Meter-Market.

Increasing demand for smart equipment to observe supply of fuel in the energy industry and industry members are investing deeply in R&D drive is expected to remain major driving factors for the growth in gas meter market. High installation expenses for end users could be restraining factors for the gas meter market. The global gas meter market offers new growth opportunities, due to R&D initiatives to develop greater innovative products in line with client specifications and reduce industrialized as well as operating costs. The smart gas meter is not widely established across the end-use industries at present, but are expected to observe rapid growth in future. Growing energy demand and environmental concerns have resulted in a change towards natural gas expenditure owing to its natural characteristics.

Based on regional segmentation, Asia Pacific was the most attractive and largest market for the gas meter in 2016. Developing economies including India, China and Thailand are significantly increasing the demand for industrial and domestic expenditure in last few years. In Europe, smart monitoring equipment is fueling immediate introduction of a smart meter in the domestic market. The major consumers of energy fuels are commercial and residential users in North America. Over 40% of the world’s established natural reserves and consumes almost 15% of the world’s production in Middle East region. In the Middle East, energy more than 50% of energy requirements is dependent on natural gas.

Some of the major players involved in the global gas meter market include ABB, Actaris, Emerson Electric, LAO Industria, Wyatt Engineering, Zenner, IMAC Systems, Elster GE Itron Landis Gyr, Schneider Electric, DIEHL Metering, Aclara and DIEHL Metering.