The forecast indicates a gradual increase in the import of gas supply or production meters to the US, starting from 1.7549 million kilograms in 2024 and reaching 1.9131 million kilograms by 2028. This represents a year-on-year growth of approximately 2-3%. Assuming the historical trend continued from 2023, the compound annual growth rate (CAGR) over this period is projected to be around 2.2%, reflecting a steady demand. Future trends to watch for include:
- Advancements in smart metering technology boosting precision and efficiency.
- Increased regulatory requirements driving demand for calibrated meters.
- Growing focus on sustainable energy management impacting market dynamics.