1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas
  5. > Natural Gas Market Trends
Smart Gas Market by Device, Solution, Service and Region - Global Forecast to 2022

Smart Gas Market by Device, Solution, Service and Region - Global Forecast to 2022

  • April 2017
  • 145 pages
  • ID: 4855265
  • Format: PDF
  • MarketsandMarkets

Summary

Table of Contents

Search Inside

Increasing global energy demand, replacement of aging infrastructure, and growing demand for customer-centric approach is expected to drive the growth of the smart gas market

The smart gas market size is expected to grow from USD 11.25 billion in 2017 to USD 21.75 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 14.1% during the period of 2017–2022. The major drivers for upsurge in demand for the smart gas market include the growing demand for customer-centric approach and increasing global energy demand leading to adoption of sophisticated technologies and integrated wireless communication features in smart gas solutions reducing field visits. The limiting factors hindering the growth of the smart gas market include the lack of strong business case for the deployment of smart gas meters limiting the investment and the high Capital Expenditure (CAPEX) on the smart gas infrastructure.

Analytics and data management solution is estimated to have the largest market share during the forecast period

Meter data analytics solution unlocks smart meter data from both Automatic Meter Reading (AMR) and Advanced Metering Infrastructure (AMI) sources, turning them into actionable information for gas utilities. It enables the company staff to track performance and analyze trends using the information from the core gas utility applications. It helps improve customer service quality and cut costs by using Interactive Voice Response (IVR) systems, steering customers to self-service websites and varying billing cycles, so that call volumes are relatively levelled l throughout the month. It also reduces gas loss, resulting from pipe leaks and breaks by analyzing sensor data in near real-time to detect unusual flow rates and automatically notify dispatchers & field technicians about likely emergencies.

Asia-Pacific (APAC) is expected to grow at the fastest rate in the market during the forecast period
As per the geographic analysis, the APAC region would witness the fastest growth in the smart gas market over the forecast period, due to the increasing adoption of smart grid architecture, technology upgrades, energy management, regulatory mandates, and affluent countries, such as China, Australia, South Korea, Japan, Singapore, & Hong Kong, which are the major contributing factors for the growth of smart gas solutions in this region. The increasing smart meter rollouts for residential customers in countries, such as China, Japan, Australia, and South Korea have bolstered the growth of smart gas metering in the region. In countries, such as Philippines, Indonesia, Thailand, and India, the political push & privatization are the major drivers for the growth of Internet of Things (IoT) adoption. Ambitious rollout plans in India have stagnated due to a number of factors, including legislative obstacles & bottlenecks, economic downturns, lack of customer engagement, and network infrastructure-related issues.

In the process of determining and verifying the market size for several segments & subsegments gathered through secondary research, extensive primary interviews were conducted with key industry personnel. The break-up profiles of primary discussion participants are given below:

- By Company Type: Tier-1 (44%), Tier-2 (37%), and Tier-3 (19%)
- By Designation: C-Level (65%) and Manager Level (35%)
- By Region: North America (33%), Europe (44%), APAC (18%), and the Rest of World (RoW) (5%)

The various key smart gas market vendors profiled in the report are as follows:
1. ABB Group (Zurich, Switzerland)
2. Aclara Technologies LLC (Hazelwood, Missouri)
3. Badger Meter, Inc. (Wisconsin, U.S.)
4. Cap Gemini S.A. (Paris, France)
5. CGI Group Inc. (Montreal, Canada)
6. Diehl Stiftung & Co KG (Nuremberg, Germany)
7. Elster Group GmbH (New Jersey, U.S.)
8. General Electric Company (Massachusetts, U.S.)
9. IBM Corporation (New York, U.S.)
10. Itron Inc. (Washington, U.S.)
11. Landis+Gyr (Zug, Switzerland)
12. Oracle Corporation (California, U.S.)
13. Schneider Electric SE (Rueil-Malmaison, France)
14. Sensus USA Inc. (North Carolina, U.S.)
15. Silver Spring Networks, Inc. (California, U.S.)
16. Verizon Communications, Inc. (New York, U.S.)

Research Coverage
The global smart gas market has been segmented on the basis of types (solution, service, & device) and regions. A detailed analysis of the regions has been done to provide insights into the potential future business opportunities across different regions. In addition to this, the product portfolio analysis and business strategy analysis are the other MarketsandMarkets analysis included in the report.
Reasons to Buy the Report


The report will help the market leaders/new entrants in this market in the following ways:
1. This report segments the smart gas market comprehensively and provides the closest approximations of the revenue numbers for the overall market & subsegments across different regions.
2. The report helps the stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, & opportunities.
3. This report helps the stakeholders to better understand the competitors and gain more insights to better their positions in the business.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

CNG, RNG And Hydrogen Tanks Market by Gas Type, Material Type, Tank Type, Application and Region - Global Forecast to 2025

  • $ 4950
  • September 2020
  • 162 pages

The CNG, RNG, and hydrogen tanks market is projected to register a CAGR of 8.1% during the forecast period. The global CNG, RNG, and hydrogen tanks market size is projected to grow from USD 1.8 billion ...

  • World
  • Europe
  • Natural Gas
  • Industry analysis
  • Greenhouse Gas Emissions
  • Natural Gas Price

Global Smart Gas Meters Industry $ 5450 September 2020


ref:plp2017

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on