NEW YORK, Jan. 14, 2016 /PRNewswire/ -- Global Smart Gas Meters Market : Consistently High Unit Forecast up to 2020 with Highest Potential in Japan, France, the Netherlands, and Italy
The global smart gas meter market research service provides forecasts on unit shipment and associated revenues for all the major regions. The study period is from 2014 to 2024, providing a comprehensive view about the timeline for crucial smart meter roll-outs. The study also includes market share analysis at the global and regional levels and assesses the competitive landscape of the market. Technology innovation is limited and as a result the market is rapidly commoditising putting premium manufacturers under pressure.
Key Questions This Study Will Answer
- What is the current market situation and what is the forecast market growth rate?
- What are the factors influencing the growth of the global smart gas meter market and to what extent do they have an impact?
- What are the factors that influence the growth of the regional smart gas meter markets? Which are the regions that will have high levels of market activity and which are still in the development stage?
- At a regional level, which countries offer the best growth opportunities?
- Which are the key participants in the global and regional markets?
Executive Summary
Market Drivers and Restraints
An increasing number of energy efficiency regulations drive the global smart meter demand. Roll-outs of smart electricity meters lead to simultaneous smart gas meter roll-outs. However, the total costs of ownership for smart gas metering in many cases are higher than the associated energy cost savings and the lack of common protocols and interface standards slows the pace of market development.
Forecasts and Trends
Global shipments growth during the forecast period can mainly be attributed to the smart gas meter roll-outs in Japan and European Union (EU) countries. While the Japanese roll-out can be expected to be partly completed by 2020, EU is projected to clearly miss its target of % smart gas meter deployment by 2020
Market Share and Competitive Analysis
Landis+Gyr was able to position itself as the number three global supplier behind Itron and Elster in the market for automated meter reading (AMR) and advanced meter infrastructure (AMI). About % of Landis+Gyr sales comprise smart AMR and AMI meters. Itron's smart meter shipments account approximately for % of its sales, Elster's for 14%, and Sensus' for %.
Regional Market Breakdown
North America still accounts for over % of global revenues of the smart gas meter market. Within the next decade, Europe, the Middle East, and Africa (EMEA) will be the key regional growth market owing to roll-outs in Europe and growing demand in the Middle East and Northern Africa. At the same time, sales in America are expected to stagnate and APAC (excluding China) will become the second largest regional market.
Read the full report: http://www.reportlinker.com/p03562168-summary/view-report.html
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
http://www.reportlinker.com
__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001
SOURCE Reportlinker
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article