The Key Players in Global Gas Meter Market 2016-2020

Wednesday 8 June 2016, Amsterdam

The report, now available on ASDReports, recognizes the following companies as the key players in the global gas meter market: Elster, GE, Itron, and Landis+Gyr.

Other Prominent Vendors in the market are: ABB, Aclara, Actaris, Apator, Badger Meter, CGI Group, CJSC “Gazdevice”, DIEHL Metering, EDMI, Emerson Electric, Endress+Hauser, IMAC Systems, LAO Industria, Onicon, Premagas, Qianwei Kromschroder Meters, Raychem RPG, Sagemcom, Schneider Electric, Sensus USA, Shinagawa, Wyatt Engineering, and Zenner.

Commenting on the report, an analyst said: “One trend that is expected to have a positive impact on market growth is enhanced meter performance. Traditional electronic gas meters that are available in the market are provided with a standard battery life of up to 20 years. But due to changing market dynamics, there has been a growing demand for other additional features, namely wireless communication, remote firmware upgrades, remote connection and disconnection, prepayment, end-to-end encryption and authentication, and so on. These factors that are in huge demand today compromise not only the battery life of the meter but also increases the up-front and future costs.”

According to the report, a key growth driver for the gas meter market will be the benefits offered by new smart meters. Smart meters and smart energy monitors allow customers keep track of their energy use in real time and help them make better choices regarding prudent gas use, thus enabling monetary savings. Power utilities roll out and install these devices at residential premises as well as commercial and industrial facilities that use natural gas. Consumers can expect to get beneficial information on better management of energy use, personalized reports, and accurate billing.

Further, the report states that challenges like rapid innovation in this sector makes obsolescence of devices quite high and makes it difficult to upgrade infrastructure constantly.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.