Gas Meters Market Analysis Forecast to 2023

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Global Gas Meters Market Size, Share, Development, Growth and Demand Forecast to 2023 The growing need for energy conservation has resulted in the increased installation of gas meters globally. Smart gas meters are able to provide precise consumption percentage or volume of gas, which facilitates the end users to plan their consumption and save money. This has also increased the demand of smart meters in industrial, commercial, and residential sectors. The development of meter data management applications, is one of the major trends that has been observed in the gas meters market. The difficulty in managing large data volume is a major restraint in the gas meter market. Explore more or request TOC on Global Gas Meters Market at: https://www.psmarketresearch.com/marketanalysis/gas-meters-market Various regulations in Europe have been driving the gas meter market in the region, which in turn, is boosting the market growth. Owing to new investments by the gas meter companies, the technologically upgraded products are being launched in the market, which is increasing their demand. The European gas meter market is also increasing, due to the addition of new technologies in communication modules to the existing gas meters, and increasing investment in the technology. On the basis of types, the gas meters market can be categorized as basic gas meter and smart gas meter. The gas meters can also be categorized on the basis of end users as industrial, commercial, and residential buildings. The volume of fuel gases such as propane and natural gas is measured, with the help of gas meters. Smart gas meters record gas consumption of a particular location regularly and transmit the records to the utility control center, through a communication network. In order to check status of the gas network, useful information such as gas pressure and consumption can be captured for analysis purpose. The design of gas meters is decided by manufacturers on the basis of the type of gases being measured, the range of flows anticipated, and the volumetric flow rate of gas to be measured. In the gas meters, remote reading is done through an electronic pulse output attached on the meter. Generally contact closure switch is mounted on the meter for remote reading. With the introduction of centralized management system, the trend of remembering data in most of the departments has come to an end. Presently, the adoption rate of meter data management applications is low in the gas meter market, but it is expected to increase considerably in the coming years. With the help of smart meters, water loss can be controlled and leak detection can be improved. Theft of gas incurs more loss than that of electricity, which necessitates their safety. One of the significant drivers for electricity companies is peak-demand reduction. Though, peak-demand is not a huge concern for gas, due to the fact that gas utilities have elasticity to keep the energy in stock, by varying the gas pressure in pipes. In comparison to liquids, gases are more difficult to measure, since measured volumes are disturbed by the temperature and pressure. In spite of pressurized quantity of the gas which flows through the meter, gas meters measure a defined volume. © P&S Market Research. All rights reserved 2
Global Gas Meters Market Size, Share, Development, Growth and Demand Forecast to 2023 Browse related market research at: https://www.psmarketresearch.com/industry-report/semiconductor-andelectronics Some of the competitors in the global gas meter market are Siemens AG, Landis+Gyr AG, Endress+Hauser AG, Elster Group GmbH, Schneider Electric SE, ABB Ltd., GE Energy Management Inc., Itron Inc., Emerson Electric Co., and Badger Meter Inc. About P&S Market Research P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals. As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions. Contact: Abhishek Executive – Client Partner 347, 5th Ave. #1402 New York City, NY - 10016 Toll-free: +1-888-778-7886 (USA/Canada) Email: enquiry@psmarketresearch.com Web: https://www.psmarketresearch.com © P&S Market Research. All rights reserved 3
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Gas Meters Market Analysis Forecast to 2023

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