The growing utilization of gas (by residential and commercial installations) over conventional sources of energy, such as oil and fossil fuels, is identified as a major trend in the gas meters market. This shift is likely to open new areas of application for these meters as well as growth opportunities in related services, such as support and logistics, and data management. Furthermore, different government regulations dictating the phasing out or introduction of different meters are expected to play a key role in shaping the market over the forecast period.
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the gas meters market is divided into diaphragm meters, rotary meters, turbine meters, ultrasonic flow meters, and others, where the “others” category includes orifice meters and Coriolis meters. Diaphragm meters, also called bellow meters, are the most commonly deployed meters in residential and commercial installations across the globe and are, therefore, expected to hold a significant share in the market in the near future.
The gas meters market is bifurcated into standard gas meters and smart gas meters on the basis of technology. Smart gas meters provide precise consumption percentage or volume of gas, thereby offering benefits such as easy disbursed gas measurement, leakage check, and computation of bills to both the gas disbursing authority and the consumer. Furthermore, these meters allow the end users to plan their gas consumption, adhere to energy targets, and monitor expenditure.
The gas meters market is also classified into residential, commercial, and industrial applications. Based on end use, the residential category is expected to lead the market during the forecast period. This can be attributed to the increasing adoption of smart meters and growing government support across Europe and Asia-Pacific (APAC) to encourage the use of these meters for monitoring disbursement and combating instances of theft of gas in supply lines across domestic households in the regions.
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Increasing development of gas pipeline projects is expected to drive the growth of the gas meters market during the forecast period. The development of pipeline projects across emerging economies and of shale oil projects in the U.S. and Canada, enhanced oil recovery (EOR) endeavors, and remediation of pipeline infrastructure bottlenecks are expected to generate demand for these meters globally.
Some of the major players operating in the global gas meters market are ABB Ltd., Badger Meter Inc., Elster Group GmbH, Endress+Hauser AG, Emerson Electric Co., GE Energy Management Inc., Itron Inc., Landis+Gyr AG, Siemens AG, and Schneider Electric SE.
Request to get the report sample pages at : https://www.psmarketresearch.com/market-analysis/gas-meters-market/report-sample
the gas meters market is divided into diaphragm meters, rotary meters, turbine meters, ultrasonic flow meters, and others, where the “others” category includes orifice meters and Coriolis meters. Diaphragm meters, also called bellow meters, are the most commonly deployed meters in residential and commercial installations across the globe and are, therefore, expected to hold a significant share in the market in the near future.
The gas meters market is bifurcated into standard gas meters and smart gas meters on the basis of technology. Smart gas meters provide precise consumption percentage or volume of gas, thereby offering benefits such as easy disbursed gas measurement, leakage check, and computation of bills to both the gas disbursing authority and the consumer. Furthermore, these meters allow the end users to plan their gas consumption, adhere to energy targets, and monitor expenditure.
The gas meters market is also classified into residential, commercial, and industrial applications. Based on end use, the residential category is expected to lead the market during the forecast period. This can be attributed to the increasing adoption of smart meters and growing government support across Europe and Asia-Pacific (APAC) to encourage the use of these meters for monitoring disbursement and combating instances of theft of gas in supply lines across domestic households in the regions.
Explore Full Report With TOC: https://www.psmarketresearch.com/market-analysis/gas-meters-market
Increasing development of gas pipeline projects is expected to drive the growth of the gas meters market during the forecast period. The development of pipeline projects across emerging economies and of shale oil projects in the U.S. and Canada, enhanced oil recovery (EOR) endeavors, and remediation of pipeline infrastructure bottlenecks are expected to generate demand for these meters globally.
Some of the major players operating in the global gas meters market are ABB Ltd., Badger Meter Inc., Elster Group GmbH, Endress+Hauser AG, Emerson Electric Co., GE Energy Management Inc., Itron Inc., Landis+Gyr AG, Siemens AG, and Schneider Electric SE.
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