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

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Request Sample of Report @ 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. – PowerPoint PPT presentation

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Title: 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.


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