Global Gas Meters Market to Reach $4.4 Billion by 2026

SAN FRANCISCO, Sept. 10, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Gas Meters - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 7; Released: May 2021
Executive Pool: 37101
Companies: 75 - Players covered include ABB; Aclara Technologies LLC; DIEHL Metering; Emerson Electric; IMAC Systems; Itron; LAO Industria; Schneider Electric; Wyatt Engineering; Zenner and Others.
Coverage: All major geographies and key segments
Segments: Type (Basic, Smart)
Geographies: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

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ABSTRACT-

Global Gas Meters Market to Reach $4.4 Billion by 2026
Amid the COVID-19 crisis, the global market for Gas Meters estimated at US$3.4 Billion in the year 2020, is projected to reach a revised size of US$4.4 Billion by 2026, growing at a CAGR of 4.5% over the analysis period. Basic, one of the segments analyzed in the report, is projected to record a 4.1% CAGR and reach US$3.6 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Smart segment is readjusted to a revised 5.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $938.7 Million in 2021, While China is Forecast to Reach $879.9 Million by 2026
The Gas Meters market in the U.S. is estimated at US$938.7 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$879.9 Million by the year 2026 trailing a CAGR of 7.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 3.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.