Global Smart Gas Market is expected to rise from its initial estimated value of USD 14.22 billion in 2018 to an estimated value of USD 38.35 billion by 2026, registering a CAGR of 13.2% in the forecast period of 2019-2026. This rise in market value can be attributed to increasing levels of adoption of t of smart gas systems in the industrial sector.
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Top Key Competitors:
ABB (Switzerland), Aclara Technologies LLC (U.S.), Badger Meter, Inc. (U.S.), Capgemini. (France), CGI Inc. (Canada), Diehl Stiftung & Co. KG (Germany), Elster Group SE (Germany), General Electric Company (U.S.), International Business Machines Corporation (U.S.), Itron, Inc. (U.S.), Landis+Gyr (Switzerland), Oracle (U.S.), Schneider Electric (France), Sensus (U.S.), Silver SpringNetworks (U.S.),Verizon (U.S.), (Germany), IBM Corporation (US), Emerson Electric(US), Honeywell International Inc. (US), Yokogawa Electric Corporation (Japan), are few among others.
Smart Gas Market Drivers and Restraints:
- Rapid urbanization and technological advancements are driving the market for global smart gas.
- There is increase in global energy demand that is expected to drive the market growth.
- There is increase in amount of economic and regulatory support that is also driving the market growth.
- There is lack of awareness and skilled workforce in gas market which is expected to act as a restraint to the market growth.
The report can answer the following questions:
- This report provides an in-depth assessment of the Smart Gas Market presented through sections such as:
Smart Gas Market: Market Overview
- Major Commercial Developments in the Industry
- Market Trends and Dynamics of the Industry
- Market Positioning of Major Market Players in the Industry
- Current Market Scenario and Future Prospects of the Global Market
- Competitive Landscape of the Market
- Smart Gas Market Revenue and Forecast by Technology, 2019-2026 ($ million)
- Smart Gas Market Revenue and Forecast by End-User, 2019-2026 ($ million)
- Smart Gas Market Revenue and Forecast by Geography, 2019-2026 ($ million)
- Geographic Coverage
- Smart Gas Market Size and Forecast
- Smart Gas Market Size and Forecast
Smart Gas Market on the basis of geography is divided into – North America, APAC, Europe, and Rest of the world. North America contributes a largest share in the global market, owing to the rapid development of sector in the US. However, Asia Pacific is expected to be the fastest growing market in the global market over the forecast period. This is mainly due to rapid urbanization and industrialization in the emerging economies of the region, especially in China and India.
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