U.S. Smart Gas Metering Systems Market share to exceed USD 2 billion in 2024

1
Smart Gas Metering Systems Market share worth USD
11 billion by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Gas Metering Systems Market

• The report Smart Gas Metering Systems Market
  Size, By Application (Residential, Commercial,
  Utility), By Technology (AMR, AMI), Industry
  Analysis Report, Regional Outlook (U.S., Canada,
  Germany, Italy, France, UK, Sweden, Portugal,
  China, Japan, South Korea, India, Australia, UAE,
  Saudi Arabia, South Africa, Lebanon, Egypt,
  Mexico, Brazil, Uruguay, Argentina) Competitive
  Market Share Forecast, 2017 2024 says that
  global smart gas metering systems market share to
  hit USD 11 billion by 2024 according to a new
  research report by Global Market Insights, Inc.
  Rising demand for billing accuracy coupled with
  effective mapping of customer consumption pattern
  will boost the global smart gas metering systems
  market growth. Scarcity of available resources
  will exert additional pressure on the
  conservation measures adopted to control energy
  wastage.
• Smart gas metering systems market size from
  Automated Metering Infrastructure (AMI)
  technology is set to exceed 30 million units by
  2024. Adoption of AMI systems are low subject to
  high installation costs associated. Automatic
  Meter Reading (AMR) systems will see strong gains
  owing to widespread adoption of the technology
  for the past two decades.

3
Continued...

• U.S. smart gas metering systems market size is
  projected to witness robust growth owing to
  strict regulations mandated by American Recovery
  and Reinvestment Act (ARRA) towards accurate
  billing coupled with rising adoption of meters.
  In 2009, ARRA in association with the Department
  of Energy (DOE) invested more than USD 30 billion
  to encourage a wide range of clean energy
  projects across the nation including smart grid
  enhancement to reduce energy costs.
• Japan is a mature market as it was among the
  first nations in the world to adopt these
  systems. Tokyo Gas, one of largest gas providers
  in the country, has nearly 2 million subscribers
  and has been providing these products since 1998.
  Strict regulations towards smart system
  deployment to accurately track gas consumption
  will stimulate demand.
• EU Directive 2009/73/EC mandates member states to
  educate consumers on the difference between
  conventional metering systems and intelligent
  meters. The directive also requires regulators to
  protect customers from increased rates owing to
  time-of-use pricing data and ensuring billing
  accuracy.

4
U.S. Smart Gas Metering Systems Market Share
(Revenue), By Application, 2016

5

Browse Full Market Research Report of Smart Gas
Metering Systems Market _at_ http//bit.ly/2oedAzT
Request for a Sample of this Research report
_at_ https//www.gminsights.com/request-sample/detail
/1234
6
360 Analysis

• Application Analysis
• Smart gas metering systems market size for 2016
  from residential applications was valued over USD
  1 billion and is predicted to witness robust
  growth owing to increasing consumer awareness
  towards efficient energy management. Installation
  of prepaid systems encourages timely payments
  from the customers as the suppliers can restrict
  consumption when the recharge amount is
  exhausted.
• Regional Analysis
• U.S. smart gas metering systems market size is
  set to exceed USD 2 billion in 2024. Increasing
  adoption of gas as a fuel in commercial and
  utility applications owing to low prices and low
  emission levels will positively impact the
  business growth. In 2014, the U.S. Department of
  Transportation Maritime Administration introduced
  stringent regulations to curb marine pollution
  caused by vessels using non-renewable fuels,
  positively influencing the industry outlook.
• Competitive Market Share
• Global smart gas metering systems market
  participants include Siemens AG, Itron, Schneider
  Electric SA, LandisGYR, Icsa Ltd, Circutor SA,
  Holley Metering, Iskraemeco, Osaki Electric,
  Honeywell International, Elster Group, Badger
  Meter, Sensus Sentec, Neptune Technology.

7
Stay In Touch Website www.gminsights.com Soci
al Media