Smart Gas Metering Systems Market Size Showing USD 11 Billion by 2024 Smart Gas Metering Systems Market | Page 4

Smart Gas Metering Systems Market Size & Forecast, 2017 - 2024
Segment Overview:
Smart gas metering systems market size from Automated Metering Infrastructure (AMI)
technology is set to exceed 30 million units by 2024. Adoption of AMI systems are low
subject to high installation costs associated. Automatic Meter Reading (AMR) systems will
see strong gains owing to widespread adoption of the technology for the past two decades.
However, data security concerns related to consumption tracking coupled with customer
unwillingness are significant challenges to growth.
Residential smart gas metering systems market dominates the application landscape,
owing to affordable gas prices and growing consumer awareness. Commercial applications
are anticipated to witness strong growth during the forecast timeframe subject to rising
adoption of gas as an alternative to traditional resources. Increasing demand for these
products is directly linked to the developing grid infrastructure coupled with expansion of
gas pipeline networks.
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details-developments-in-the-global-smart-gas-metering-systems-industry-2017-to-2024
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