Market research Future Smart Gas Meter In Depth Analysis Report 2018 | страница 3

Smart Gas Meter Market Research Report- Forecast to 2027
2 Regional Analysis of Smart Gas Meter: -
Both North America and Europe are estimated to hold a dominating share within the smart gas
meter market. European region is expected to have the fastest growth in next half a decade.
However, Asia-Pacific region is also projected to register a considerably high growth rate during
the forecast period. Increasing investments on account of government initiatives and roll-outs is
expected to be a major driving factor for the growth of the European market.
Global Cold Insulation Market: Regional Analysis
Market Synopsis of Smart Gas Meter
Market Scenario
The global smart gas meter market is expected to grow at about 7% CAGR during the forecast and reach
almost $ 3.5 billion by 2021. The smart gas meter market is expected to grow at a rapid pace primarily
due to government roll-outs, and implementations of mandates & policies, in developed economies.
Advantages of smart gas meters such as accurate billing, enhanced customer experience, and improved
customer service are expected to be the driving factors for smart gas meters market in developing
countries.
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