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Global Smart Gas Metering Systems Market share to hit 190 million units by 2024

Request Sample of Report @ http://bit.ly/2mv2qut<br>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.<br>

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Global Smart Gas Metering Systems Market share to hit 190 million units by 2024

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  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@ http://bit.ly/2oedAzT Request for a Sample of this Research report @ 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, Landis+GYR, Icsa Ltd, Circutor SA, Holley Metering, Iskraemeco, Osaki Electric, Honeywell International, Elster Group, Badger Meter, SensusSentec, Neptune Technology.

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