Smart Gas Market Booming Massively in Worldwide with Top Key Players: ABB, Capgemini, Diehl Stiftung , General Electric, Itron

The smart gas technology uses the Internet of Things (IoT) to enhance safety and operations across numerous industries. In addition, smart gas technology involves smart meters that comprises in-home displays, which allows residential and commercial users to better understand their energy usage and further helps in keeping track of their gas usage. Moreover, smart gas technology for industries provides the real-time status of cathodic protection, pressure changes, and visualization of inside of pipeline. Furthermore, the features such as, accurate bills and remote meter reading further eliminates the necessity for manual reading and detect meter issues allowing the cost savings on labor and truck rolls.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Smart Gas market.

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Factors such as increase in need to enhance urban safety is the key factor driving the market growth for the smart gas industry. In addition, rise in investment in smart gas pipeline and smart grid network is also fueling the market growth. Moreover, rise in urbanization globally is also propelling the demand for smart gas solutions across commercial and residential users. However, lack of awareness of smart gas systems among people is expected to impede the market growth during the forecast period. Furthermore, increasing investment and initiatives for smart energy management by government is anticipated to provide major growth opportunities for the smart gas market in upcoming years.

The global smart gas market is segmented based on component, device type, end user, and region. Based on component, the market is bifurcated into solutions and services. Based on device type, the market is divided into Automatic Meter Reading (AMR) and Advanced Meter Infrastructure (AMI). Based on end user, the market is classified into commercial & industrial, and residential. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The major manufacturers covered in this report: ABB, Capgemini, Diehl Stiftung & Co. KG, General Electric, Itron Inc., Landis+Gyr, Oracle, Schneider Electric, Sensus, a Xylem brand, Verizon

Scope of the report:

This research evaluates micro-markets and takes a closer look at the different growth trends, future prospects and regulations that will regulate the industry in the coming years. Researchers have also included a few top performers in the sector to calculate their industry shares and core competencies. The research explains technological developments in the sector along with upcoming areas of the industry that might potentially attract massive investments.

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Most important Compnent of Smart Gas covered in this report are:

  • Solutions
  • Services

Most important Device Type of Smart Gas covered in this report are:

  • Automatic Meter Reading (AMR)
  • Advanced Meter Infrastructure (AMI)

Key points from Table of Content:

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Overview

Chapter 4: Smart Gas Market, By Component

Chapter 5: Smart Space Market, By Device Type

Chapter 6: Smart Gas Market, By End Users

Chapter 7: Global Smart Gas Market, By Region

Chapter 8: Competitive Landscape

Scope of the study:

  • The report conducts a detailed analysis of the evolving market dynamics
  • It gives a holistic view of various drivers and restraints operating in the market
  • The forecast spans 6 years and predicts the prospective progress of the sector
  • It categorizes the prominent product segments and their future growth scenario
  • The market insights derived after a thorough investigation of the industrial segments and subsegments enable readers make informed decisions.

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Posted by on Friday April 03 2020, 3:01 AM EDT. All trademarks acknowledged. Filed under Business Services, Featured Press Release. Comments and Trackbacks closed. Follow responses: RSS 2.0

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