Zion Market Research, the market research group announced the analysis report titled ‘Smart Gas Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024′
Global Smart Gas Market: Overview
Smart gas is nothing but the LPG gas that is used in households for cooking and various other purposes. It is not only used in households but also in different areas such as vehicles and various industrial as well as commercial purposes. The increased urbanization is the main reason in the rising demand for the smart gas.
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Global Smart Gas Market: Growth Factors
The global smart gas market is likely to have a huge elevation in coming period. Rising investments in smart grid and gas pipeline networks are the main reason that has driven the growth of the global market. Further, tremendous economic and demographic growth is also driving the global smart gas market growth. In addition to this, increased urbanization is also powering the growth of the global market. Besides this, rising demand from the industry for smart gas is also fueling the growth of the global smart gas market. Moreover, increasing application of smart gas in industrial, commercial as well as residential sectors plays a vital role in the elevation of the global market. Additionally, growing awareness among consumers about the advantages of smart gas is one of the main reasons powering the growth of the global smart gas market. Further, low cost for maintenance is also driving the global smart gas market growth. In addition to this, low value for ownership is also powering the growth of the global market. Besides this, affordable price for the set up of smart gas is also fueling the growth of the global smart gas market. Moreover, increasing job opportunities plays a vital role in the elevation of the global market. Additionally, cheap labor is one of the main reasons powering the growth of the global smart gas market.
Global Smart Gas Market: Segmentation
On the basis end user, the global smart gas market is mainly classified as residential, industrial, and commercial.
Based on meter type, the global market is bifurcated into automatic meter reading and advanced meter infrastructure.
On the basis type, the global market for smart gas is divided into AMR and AMI.
Based on region, the global market is bifurcated into North America, Latin America, Asia-Pacific, the Middle East and Africa, and Rest of the World.
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Global Smart Gas Market: Regional Analysis
Regionally, the global market for smart gas is bifurcated into Europe, Asia Pacific, North America, and the Middle East and Africa. Rising investments in smart grid and gas pipeline networks are boosting the global market in North America. Tremendous economic and demographic growth has elevated the global market in the Asia Pacific area.
Global Smart Gas Market: Competitive Players
Some of the key players in the global market for smart gas are Advanced MRF LLC, ABB Group, Capgemini S.A., Badger Meter Inc., Comverge Inc., CGI Group Inc., Elster Group GmbH, Cyan Technology Ltd., EnerNOC Inc., Itron Inc., Master Meter Inc., General Electric, Quadlogic Meters Canada Inc., MOXA Inc., Sensus Metering Systems Inc., Pacific Gas & Electric Company, Schneider Electric SE, SmartGAS Mikrosensorik GmbH, Silver Spring Networks, Spire Metering Technology, and Southern California Gas Company.
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Smart Gas Market by Regional Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East and Africa
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