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The Smart Gas market report is segmented into devices, solutions and services.
The Smart Gas market is expected to grow sharply in the near future. The intense necessity for efficient utilization of natural gas and other conventional energy resources in the developed and developing economies have resulted in heavy investments in the Smart Gas market. Numerous smart gas meter installation projects have been undertaken by various gas utility companies to improve their operational efficiency and customer facilities. The growing global economy and higher standard of living have resulted in greater demands for natural gas in the residential and commercial sectors. The existing energy crisis and growing ecological awareness could be the main driving factors for the smart gas market. The recent global economic slowdown has not impacted the investment flows into the energy utility sector which is witnessing advanced technological innovations.
The Smart Gas market report is segmented into devices, solutions and services. Devices subsegment includes smart gas meters, advanced gas meters and gas meter communicating modules. Solutions sugsegment include Meter Data Management (MDM), meter data analytics, Supervisory Control and Data Acquisition (SCADA), Enterprise Asset Management, Geographic Information Systems (GIS), gas leak detection and mobile workforce management. The services subsegment includes installation, system integration and program management.
The research report analyzes various global adoption trends, future growth potentials, key drivers, competitive outlook, restrains, opportunities and the best practices in the market. The report speaks about the expected market sizes of various solutions and services. The report also consists of opportunity analysis of various smart gas solutions.
The report suggests a steady growth in the regional Smart Gas markets of North America (NA) and Europe. The regions of Latin America (LA) and Middle-East and Africa (MEA) are the emerging markets with considerable growth rates. Data analytics market shows greater growth traits while SCADA market is expected to generate highest revenues.
MarketsandMarkets has highlighted these key findings in its latest research report. The “Smart Gas Market: Worldwide Market Forecasts and Analysis (2014–2019)” report is now for sale.
Smart Gas Market by Devices (Smart Gas Meters, AMR gas meters, communication modules), Solutions (SCADA, GIS, EAM, Mobile Workforce Management, MDM, Analytics, Leak detection), Services - Worldwide Market Forecasts and Analysis (2014-2019)
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