In the UK, the sold production of gas supply or production meters has generally demonstrated positive growth with some fluctuations between 2013 and 2023. In 2023, the value stood at 150.74 million Euros. After a significant dip in 2014, the market rebounded strongly in 2016. The years 2017 to 2019 saw slight but steady increases. However, there was a notable drop in 2020, followed by robust recovery in subsequent years. The period from 2013 to 2023 exhibited an overall positive trend with an average annual growth (CAGR) of around 2% for the last five years.
Future trends to watch for include the continued moderate growth, with forecasted annual increases averaging around 1.44% through 2028. This indicates a stable yet slow-growing market. Factors to monitor include technological advancements, regulatory changes, and energy policies which could impact the market dynamics significantly.
