Market Overview:
The global industrial gas meter market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for industrial gases, especially in Asia Pacific and Middle East & Africa. Additionally, the growing need for energy-efficient and reliable gas meters is also propelling the growth of this market. Based on type, the global industrial gas meter market is segmented into diaphragm gas meters and turbine gas meters. Diaphragm gas meters are expected to hold a larger share of this market during the forecast period owing to their high accuracy and reliability. Based on application, the global industrial gas meter market is segmented into three segments: Gas Field, Gas Pipeline, and Others (including medical gases). The Gas Field segment accounted for a major share of this market in 2017 due to increased demand from oil &gas production companies across regions. However, with rising investments in LNG infrastructure projects across countries such as China and India,the Gas Pipeline segment is projectedto grow at a higher CAGR duringthe forecast period .
Product Definition:
An industrial gas meter is a type of gas meter specifically designed for use in industrial applications. Industrial gas meters are typically larger and more durable than residential or commercial gas meters, and they can measure higher flow rates. They are often used to measure the flow of natural gas in pipelines or other industrial settings.
Diaphragm Gas Meter:
Diaphragm gas meter is a portable device used for measuring the flow of gases. It works on the principle of vacuum and pressure difference between two chambers. One chamber has a constant pressure and other has variable vacuum depending upon gas being measured. The diaphragm is used as an element to convert varying vacuum into uniform pressure across the measurement range thus enabling accurate measurements even at high flows.
Turbine Gas Meter:
A turbine gas meter is a device used to measure the flow of gases in turbines. It measures the volumetric flow rate of different gases such as steam, condensate, flue gas desulfurization gas and other by using rotary vane meters. The measurement principle behind these devices is based on Differential Scanning Interferometry (DSI).
Application Insights:
The others application segment includes automotive, power generation and petrochemicals among other applications. In 2017, the gas field application segment dominated the global industry with a revenue share of over 60%. The growth can be attributed to increasing use in onshore oil and gas operations as well as LNG plants.
Diaphragm meters are used for measuring natural or manufactured gases such as methane (CH4), ethane (C2H6), propane (C3H8) and butane (C4H10). They are used extensively across LNG terminals for measurement of compressured natural Gas-Natural Gas Liquids or NGLs which include ethylene, propylene methyl butyl ethers along with other compounds like helium, nitrogen etc. These types of meters also find applications in petroleum refineries where they measure various hydrocarbons including benzene C6H6.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of un-metered gas fields, which are expected to be connected through new or existing pipeline networks. In addition, increasing demand for natural gas as a fuel in power generation plants and industrial applications is anticipated to drive industry growth over the coming years.
North America accounted for more than 20% of global revenue share in 2017 owing to high penetration rates of natural gas across various end-use industries such as manufacturing, electricity generation & distribution, transportation etc., coupled with growing environmental regulations by U.
Growth Factors:
- Increasing demand from the end-user industries for gas meters to measure and monitor the flow of gas
- Rapid industrialization in developing countries, which is expected to drive the growth of the industrial gas meter market over the forecast period
- Growing demand for smart meters with advanced features such as remote monitoring and data analytics
- Stringent government regulations pertaining to energy conservation and emissions control are likely to boost adoption of industrial gas meters in various end-user industries
- Technological advancements that have led to development of new types of industrial gas meters, such as ultrasonic and infrared
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Gas Meter Market Research Report
By Type
Diaphragm Gas Meter, Turbine Gas Meter
By Application
Gas Field, Gas Pipeline, Others
By Companies
Elster Group GmbH, Itron, Landis+Gyr, Goldcard, Sensus, MeterSit, Flonidan, ZENNER, Viewshine, Apator Group, Elster Group GmbH, Innover, EDMI, Suntront Tech, SHANXI AEROSPACE POWER
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Gas Meter Market Report Segments:
The global Industrial Gas Meter market is segmented on the basis of:
Types
Diaphragm Gas Meter, Turbine Gas Meter
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Gas Field, Gas Pipeline, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Elster Group GmbH
- Itron
- Landis+Gyr
- Goldcard
- Sensus
- MeterSit
- Flonidan
- ZENNER
- Viewshine
- Apator Group
- Elster Group GmbH
- Innover
- EDMI
- Suntront Tech
- SHANXI AEROSPACE POWER
Highlights of The Industrial Gas Meter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Diaphragm Gas Meter
- Turbine Gas Meter
- By Application:
- Gas Field
- Gas Pipeline
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Gas Meter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An industrial gas meter is a device used to measure the amount of gas used in an industrial process.
Some of the key players operating in the industrial gas meter market are Elster Group GmbH, Itron, Landis+Gyr, Goldcard, Sensus, MeterSit, Flonidan, ZENNER, Viewshine, Apator Group, Elster Group GmbH, Innover, EDMI, Suntront Tech, SHANXI AEROSPACE POWER.
The industrial gas meter market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Gas Meter Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Gas Meter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Gas Meter Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Gas Meter Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Gas Meter Market Size & Forecast, 2018-2028
4.5.1 Industrial Gas Meter Market Size and Y-o-Y Growth
4.5.2 Industrial Gas Meter Market Absolute $ Opportunity
Chapter 5 Global Industrial Gas Meter Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial Gas Meter Market Size Forecast by Type
5.2.1 Diaphragm Gas Meter
5.2.2 Turbine Gas Meter
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Gas Meter Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial Gas Meter Market Size Forecast by Applications
6.2.1 Gas Field
6.2.2 Gas Pipeline
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Gas Meter Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Gas Meter Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial Gas Meter Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Gas Meter Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial Gas Meter Market Size Forecast by Type
9.6.1 Diaphragm Gas Meter
9.6.2 Turbine Gas Meter
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial Gas Meter Market Size Forecast by Applications
9.10.1 Gas Field
9.10.2 Gas Pipeline
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial Gas Meter Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Gas Meter Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial Gas Meter Market Size Forecast by Type
10.6.1 Diaphragm Gas Meter
10.6.2 Turbine Gas Meter
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial Gas Meter Market Size Forecast by Applications
10.10.1 Gas Field
10.10.2 Gas Pipeline
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial Gas Meter Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Gas Meter Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial Gas Meter Market Size Forecast by Type
11.6.1 Diaphragm Gas Meter
11.6.2 Turbine Gas Meter
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial Gas Meter Market Size Forecast by Applications
11.10.1 Gas Field
11.10.2 Gas Pipeline
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial Gas Meter Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Gas Meter Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial Gas Meter Market Size Forecast by Type
12.6.1 Diaphragm Gas Meter
12.6.2 Turbine Gas Meter
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial Gas Meter Market Size Forecast by Applications
12.10.1 Gas Field
12.10.2 Gas Pipeline
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial Gas Meter Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Gas Meter Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial Gas Meter Market Size Forecast by Type
13.6.1 Diaphragm Gas Meter
13.6.2 Turbine Gas Meter
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial Gas Meter Market Size Forecast by Applications
13.10.1 Gas Field
13.10.2 Gas Pipeline
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Gas Meter Market: Competitive Dashboard
14.2 Global Industrial Gas Meter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Elster Group GmbH
14.3.2 Itron
14.3.3 Landis+Gyr
14.3.4 Goldcard
14.3.5 Sensus
14.3.6 MeterSit
14.3.7 Flonidan
14.3.8 ZENNER
14.3.9 Viewshine
14.3.10 Apator Group
14.3.11 Elster Group GmbH
14.3.12 Innover
14.3.13 EDMI
14.3.14 Suntront Tech
14.3.15 SHANXI AEROSPACE POWER
