News Article | April 24, 2017
Smart Gas Market size will grow from $11.25billion in 2017 to $21.75billion by 2022, at a CAGR of 14.1%. Major drivers of Smart Gas Industry are growing demand for customer-centric approach, increasing energy demand, integrated wireless communication features in smart gas solutions reducing field visits.Pune, India - April 24, 2017 /MarketersMedia/ — Increasing global energy demand, replacement of aging infrastructure, and growing demand for customer-centric approach is expected to drive the growth of the smart gas market The Smart Gas Market size is expected to grow from USD 11.25 billion in 2017 to USD 21.75 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 14.1% during the period of 2017–2022. The major drivers for upsurge in demand for the smart gas market include the growing demand for customer-centric approach and increasing global energy demand leading to adoption of sophisticated technologies and integrated wireless communication features in smart gas solutions reducing field visits. The limiting factors hindering the growth of the smart gas market include the lack of strong business case for the deployment of smart gas meters limiting the investment and the high Capital Expenditure (CAPEX) on the smart gas infrastructure. Download Sample Copy of Report At: https://goo.gl/9KHSQT Analytics and data management solution is estimated to have the largest market share during the forecast period Meter data analytics solution unlocks smart meter data from both Automatic Meter Reading (AMR) and Advanced Metering Infrastructure (AMI) sources, turning them into actionable information for gas utilities. It enables the company staff to track performance and analyse trends using the information from the core gas utility applications. It helps improve customer service quality and cut costs by using Interactive Voice Response (IVR) systems, steering customers to self-service websites and varying billing cycles, so that call volumes are relatively levelled throughout the month. It also reduces gas loss, resulting from pipe leaks and breaks by analysing sensor data in near real-time to detect unusual flow rates and automatically notify dispatchers &field technicians about likely emergencies. Asia-Pacific (APAC) is expected to grow at the fastest rate in the market during the forecast period As per the geographic analysis, the APAC region would witness the fastest growth in the smart gas market over the forecast period, due to the increasing adoption of smart grid architecture, technology upgrades, energy management, regulatory mandates, and affluent countries, such as China, Australia, South Korea, Japan, Singapore, &Hong Kong, which are the major contributing factors for the growth of smart gas solutions in this region. The increasing smart meter rollouts for residential customers in countries, such as China, Japan, Australia, and South Korea have bolstered the growth of smart gas metering in the region. In countries, such as Philippines, Indonesia, Thailand, and India, the political push &privatization are the major drivers for the growth of Internet of Things (IoT) adoption. Ambitious rollout plans in India have stagnated due to a number of factors, including legislative obstacles &bottlenecks, economic downturns, lack of customer engagement, and network infrastructure-related issues. In the process of determining and verifying the market size for several segments & sub segments gathered through secondary research, extensive primary interviews were conducted with key industry personnel. The break-up profiles of primary discussion participants are given below: • By Company Type: Tier-1 (44%), Tier-2 (37%), and Tier-3 (19%) • By Designation: C-Level (65%) and Manager Level (35%) • By Region: North America (33%), Europe (44%), APAC (18%), and the Rest of World (RoW) (5%) Inquire For More Info About Smart Gas Market Research Report At: https://goo.gl/9KAbcW The various key smart gas market vendors profiled in the report are as follows: • ABB Group (Zurich, Switzerland) • Aclara Technologies LLC (Hazelwood, Missouri) • Badger Meter, Inc. (Wisconsin, U.S.) • Cap Gemini S.A. (Paris, France) • CGI Group Inc. (Montreal, Canada) • Diehl Stiftung & Co KG (Nuremberg, Germany) • Elster Group GmbH (New Jersey, U.S.) • General Electric Company (Massachusetts, U.S.) • IBM Corporation (New York, U.S.) • Itron Inc. (Washington, U.S.) • Landis+Gyr (Zug, Switzerland) • Oracle Corporation (California, U.S.) • Schneider Electric SE (Rueil-Malmaison, France) • Sensus USA Inc. (North Carolina, U.S.) • Silver Spring Networks, Inc. (California, U.S.) • Verizon Communications, Inc. (New York, U.S.) Research Coverage : The global smart gas market has been segmented on the basis of types (solution, service, &device) and regions. A detailed analysis of the regions has been done to provide insights into the potential future business opportunities across different regions. In addition to this, the product portfolio analysis and business strategy analysis are the other MarketsandMarkets analysis included in the report. Reasons to Buy the Report : The report will help the market leaders/new entrants in this market in the following ways: • This report segments the smart gas market comprehensively and provides the closest approximations of the revenue numbers for the overall market & sub segments across different regions. • The report helps the stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, & opportunities. • This report helps the stakeholders to better understand the competitors and gain more insights to better their positions in the business. About Us: ReportsnReports.com is an online market research reports library of 500,000+ in-depth studies of over 5000 micro markets. Not limited to any one industry, ReportsnReports.com offers research studies on agriculture, energy and power, chemicals, environment, medical devices, healthcare, food and beverages, water, advanced materials and much more. Connect with Us: LinkedIn: www.linkedin.com/company/reportsnreports RSS/Feeds: http: //www.reportsnreports.com/feed/l-latestreports.xml Contact Info:Name: Ritesh TiwariEmail: email@example.comOrganization: ReportsnReportsAddress: 2nd floor, metropole, Next to inox theatre, Bund garden road, Pune-411001Phone: + 1 888 391 5441Source URL: http://marketersmedia.com/smart-gas-market-growth-at-14-1-cagr-to-2022asia-pacific-expected-to-grow-at-fastest-rate-in-global-market/189533For more information, please visit http://www.rnrmarketresearch.com/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-ma-market-report.htmlSource: MarketersMediaRelease ID: 189533
News Article | November 4, 2016
— According to a new market research report “Smart Meters Market by Type (Smart Electric Meters, Smart Water Meters, Smart Gas Meters), by End User (Industrial & Commercial and Residential), & Region (Americas, Asia-Pacific, Europe & RoW) - Trends and Forecast to 2019”, defines and segments the global smart meters market with an analysis and forecast of the market size. The smart meters market is estimated to grow from an expected $11.1 billion in 2014 to $18.2 billion by 2019, at a CAGR of 10.2% from 2014 to 2019. Browse 66 market data tables and 53 figures spread through 151 pages and in-depth TOC on “Smart Meters Market - Trends and Forecast to 2019" The implementation of smart meters will be advantageous for governments trying to achieve the objectives of emission reductions, security of energy supply, reducing carbon footprint of the country, and providing quality service to the end-user. Governments wants to accentuate the installation of smart meters as they foresee better management and efficient usage of energy, which will subsequently foster competition. For instance, some countries in Europe such as Italy, Sweden, and France have opted for rapid deployment of the technology, owing to the European Union directives for energy end-use efficiency by 2020. Furthermore, growth in smart grid technologies will give rise to smart meters. Smart meters alone are not useful and need to be installed in conjunction with some type of a communication infrastructure to get the data back to the utility. Smart grid technologies include communication networks, advanced sensors, and monitoring devices, which form the foundation for utilities to generate and deliver power, and for consumers to understand and control their electricity consumption. The report forecasts the market size of the global smart meters, which includes smart electric meters, smart water meters, and smart gas meters with respect to main regions such as Americas, Asia-Pacific, Europe, and RoW. The smart meters market has also been analyzed on the basis of residential, commercial, & industrial end-users. The smart meters market includes players such as Itron Inc. (U.S.), Elster Group (Germany), Landis+Gyr (Switzerland), Siemens AG (Germany), Schneider Electric SA (France), Badger Meter (U.S.), Circuator SA (Spain), EDMI (Singapore), Holley Metering Limited (China), Honeywell International Inc. (U.S.), ICSA India Limited (India), Neptune Technology Group Inc. (U.S.), and Sensus (U.S.). The Americas dominated the smart meters market in 2013, followed by Asia-Pacific. Increasing demand for smart meters in North America is mainly due to government initiatives which comprise allocating funds and making the units mandatory in a number of states. AEP, PG&E, Southern California Edison, Southern Company, Florida Power & Light, and Oncor are some of the largest utility groups having committed to full-scale rollouts of smart meters to all customers. Europe stood third in terms of market size in total smart meters market, followed by RoW. With technological advancements, the smart meters market is majorly dominated by smart electric meters, as these help to monitor energy usage efficiently and reduce dependence on depleting fossil fuels. Government and other legislative bodies are promoting the installation of smart electricity meters around the world. Smart meters are mostly seen in residential applications; its installation in residential places helps to reduce CO2 emissions globally, as consumer’s inclination towards peak time energy saving would increase and the need to supplement extra energy supply at peak time by switching on fossil fuel plants (which are high CO2 emitters) reduce. After arriving at the overall market size the total market has been split into several segments and sub-segments. The figure below shows the break-down of the primaries on the basis of company, designation, and region, conducted during the research study. The report caters to smart meter manufacturers, dealers, and suppliers, raw material providers, consulting companies in the energy and power sector, government and research organizations, government utility providers, private utility providers, private customers, network operators, metering companies, smart grid players, venture capital firms, and investment banks. Market share analysis, by revenue, of the top companies is also included in the report. The scope accordingly aids market participants to identify high growth markets and help managing key investment decisions. For this report, major players in the smart meters market have been identified via various primary and secondary sources, which include annual reports of top market players, interviews with key opinion leaders such as CEOs, directors, and marketing people. With the given market data, MarketsandMarkets offers customizations as per the Company’s specific needs. The following customization options are available for the report: Further breakdown of smart meters market into countries by end-users Speak to Analyst (Ask for Customized Report Matching Your Exact Requirement): http://www.marketsandmarkets.com/speaktoanalyst.asp?id=366 MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository For more information, please visit http://www.marketsandmarkets.com/Market-Reports/smart-meter-366.html
News Article | December 2, 2016
Fresh water is a limited resource, thus it is very important to save water in order to balance the needs across consumer population, industries and other sectors. Thus, water regulatory bodies and water utilities across the globe need to proactively adopt smart technology to better manage their processes and distribution channel. Smart water management (SWM) facilitates reduction in repair and maintenance costs, reduction of NRW (Non-revenue water). SMW also helps to minimize energy usage in pumping of water at water utilities, cost of detection of leaks and theft and enhances customer engagement in water conservation. A market study on the global smart water management market has been recently published by Transparency Market Research, estimating the market to attain an expected value of US$15,232.6 mn by the end of 2019, rising at an impressive CAGR of 17.70% during the period from 2013 to 2019.The research report, titled “Smart Water Management Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2013 - 2019”, states that the worldwide market for smart water management valued at US$4,813.3 mn in 2012. According to the study, the aging water infrastructure, together with the inadequate water management in urban areas as well as the need to decrease non-revenue water (NRW), is fueling the demand for smart water management. The implementation of various government rules and policies across the world pertaining to the deployment of smart water technologies is likely to propel the market in coming years. The report analyzes the global market for smart water management on the basis of its components, technologies employed, and its regional distribution. Solutions, services, and hardware are the key components of the global smart water management market. The hardware segment leads the overall market at present. In 2012, it accounted for 40.1% of the global market for smart water management. Analysts at TMR project it to retain its position throughout the forecast period. On the other hand, the solutions segment is expected to register the fastest growth rate over the forecast period. The rising demand for technically advanced software such as Hymer (Orbicon), ReadCenter Analytics+ and ReadCenter AnalyticsPro, Intelligent Operations Center software, and various others are likely to propel the smart water management solution market in the near future, says the report.Fixed and cellular meter read technologies are the key technology segment of the global smart water management market, states the study. As per the report, the global smart water management market is distributed among Europe, North America, Asia Pacific, and Rest of the World. North America has acquired the leadership among all these regional markets. In 2012, it held 47.5% of the overall smart water management market in terms of revenue. Market experts anticipate it to maintain its dominance through the report’s forecast period. They also project Asia Pacific market to rise at the fastest CAGR of 23.70% during the forecast period on account of uneven rainfall as well as the rise in global warming. The report states that the global market for smart water management is extremely fragmented in nature. IBM Corp., ABB Ltd., Arad Metering Technologies, Schneider Electric SA, Itron Inc., Evoqua Water Technologies, Honeywell International Inc., General Electric Co., Emerson Electric Corp., ET Water Systems LLC, Sensus USA Inc., i2O Water Ltd., and TaKaDu Ltd. are the key participants in this market.
News Article | November 22, 2016
— The report "Smart Water Metering Market by Type (AMR and AMI), by Component (Meters & Accessories, Communication, and IT Solution), by Application (Water Utilities and Industries) and by Region - Global Trends & Forecast to 2021", The smart water metering market is expected to grow from an estimated USD 3.88 Billion in 2016 to USD 5.51 Billion by 2021, at a CAGR of 7.23% from 2016 to 2021. Factors such as increasing focus towards reducing non-revenue water, retrofitting of aging water infrastructure, and the need for accurate billing are driving the market globally. Browse 66 market data Tables and 53 Figures spread through 200 Pages and in-depth TOC on "Smart Water Metering Market - Global Trends & Forecast to 2021" Meters & accessories to be the dominant component-based segment in the global smart water metering market The smart water metering market in this report has been classified based on components into three segments, namely, meters & accessories, communication, and IT solution. The meters & accessories segment accounted for the largest market size, in terms of value, in 2015. It was followed by the IT solution and communication segments, respectively. The Automatic Meter Reading (AMR) segment is estimated to be the largest market for smart water metering in 2016. It is a metering technology that collects consumption data from the water meters and transfers it to a central database (in the utility station) for billing and other purposes (one-way communication only). Popular in North America and Europe, other regions have also started to implement this metering infrastructure to reduce non-revenue water. It is less costly when compared to AMI, and hence has a higher market size. However, the AMI market is projected to grow at the highest rate because of its superiority. North America is the dominant market for smart water metering North America dominates the smart water metering market, and Europe is expected to grow at the fastest pace during the forecast period. In North America, the growth of the smart water metering market can be attributed to focus on water monitoring & prevention of water leakage and the repair & upgrade of aging water infrastructure. Meanwhile, several smart water meter rollouts are taking place in countries such as the U.K., Germany, and France, which would drive growth in the European region. To provide an in-depth understanding of the competitive landscape, the report includes profiles of the following companies, namely, Itron Inc. (U.S.), Elster Group GmbH (Germany), Sensus (U.S.), Landis+Gyr (Switzerland), Kamstrup A/S (Denmark), Aclara Technologies LLC (U.S.), Badger Meter, Inc. (U.S.), Datamatic, Inc. (U.S.), Diehl Metering GmbH (Germany), Neptune Technology Group Inc. (U.S.), B METERS s.r.l. (Italy), Arad Ltd. (Israel), and Arqiva Ltd. (U.K.). Dominant players are trying to penetrate developing economies and are adopting various methods to grab the market share. Market share analysis based on developments for key companies has been included in the report. The scope aids market participants to identify high-growth markets and help managing key investment decisions. For this report, major players in the smart water metering market have been identified using various primary and secondary sources, which include annual reports of top market players, interviews with key opinion leaders such as CEOs, directors, and marketing personnel. The market shares have been evaluated and validated based on this research. The stakeholders included in this report are as follows: Smart water meter manufacturing companies IT solution providers for smart water grids Communication service providers State and national regulatory authorities Builders and contractors Water distribution utilities Government and industry associations State- or government-owned corporations With the given market data, MarketsandMarkets offers customizations as per the client’s specific needs. The following customization options are available for the report: Detailed analysis and profiling of additional market players (Up to 5) MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository For more information, please visit http://www.marketsandmarkets.com/Market-Reports/smart-water-metering-market-250996975.html
News Article | December 20, 2016
DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Smart Meters Market Size, Share, Development, Growth and Demand Forecast to 2020" report to their offering. The increasing smart grid deployment, government policies supporting installation, and energy conservation facilitated by smart meters are the key growth drivers in the global market. Smart meters consist of digital displays for displaying detailed energy usage, and the cost related to the energy usage. With the detailed energy usage and cost displayed on digital display, the consumers are able to understand and act accordingly to conserve the energy For instance; the consumers adjust their consumption patterns when they discover the amount of power used and the cost of operation of the several appliances. The Department for Energy and Climate Change (DECC) in the U.K. estimated that smart meters can reduce energy bills by an average of $29 per household by 2020. The major appliances in the home, such as washing machines can be automated with the help of smart meters. This allows such appliances to take various advantages, such as time-of-use tariffs. With the two-way communication offered between intelligent household appliances and meters, the consumers are able to make note of the power being consumed. By two-way communications, energy service provider or utilities are also able to control elements of the consumer's usage for lowering their bill. The major companies operating in the global market include Itron Inc., Iskraemeco d.d., Landis+Gyr AG, Osaki Electric Co. Ltd., Elster Group GmbH, Siemens AG, General Electric Company, ICSA (India) Limited, Schneider Electric SA, and Holley Metering Ltd. For more information about this report visit http://www.researchandmarkets.com/research/lxz8zn/global_smart
Itron Inc. | Date: 2011-06-24
Radio messages may be transmitted by endpoints delivering utility consumption data. A portable unit may traverse a route among the endpoints and obtain the consumption data. If the endpoints are sufficiently grouped, communication between the portable unit and a plurality of endpoints may be possible in a same power cycle to a radio of the portable unit while the portable unit is at a single location. In a two-way communication environment, the portable unit may send commands to a plurality of endpoints during a single power cycle, which may result in responses from the plurality of endpoints during the same power cycle. Such communications may be performed with endpoints that are ahead of a current endpoint on the route being traversed, and may constitute read-ahead data. Read-ahead data reduces power cycles to the radio, because when the portable unit reaches an endpoint on the route whose data has previously been read, a power cycle is not required.
Itron Inc. | Date: 2011-06-24
Following an explosion, fire, flood, water damage, or other event, consumption data of utility resources such as gas and water may be used to determine a cause of the event. For example, an interrogation may be used to read data logging data from a data collection device. The data logging data may include a record of consumption data for a resource spanning a time of an event. The data logging data may be analyzed to determine whether a utility providing the resource was responsible for the event.
Itron Inc. | Date: 2011-06-24
Radio messages delivering utility consumption data may be transmitted by endpoints. Each endpoint may contain a meter, such as an electric, natural gas and/or water meter. A portable unit (such as, for example, a handheld meter reading unit) may traverse a route among the endpoints and obtain the consumption data. Endpoints may send messages, periodically and/or in response to a command. Such messages may provide flags or other data indicating a condition of the endpoint. The flags or other data may be interpreted by computer code or logic within the portable unit to determine the condition of the endpoint, if a conditional command is indicated, and if so, which conditional command. Having selected an appropriate conditional or reflex command, the portable unit may transmit the conditional command to the endpoint and record data contained in a reply.
Itron Inc. | Date: 2011-06-22
In a distributed meter data management (MDM) system of a smart grid, a network computing device, such as a network router deployed in the field, may receive data from one or more utility meters, sensors, control devices, or other utility data collection devices that are communicatively coupled to the network computing device. The network computing device may process the data received from the utility data collection devices to generate processed data usable by a consumer. The network computing device may also send data to and/or receive data from a centralized control system, MDM system, and/or smart grid analytic applications at a utility central office. The network computing device may then provide the processed data directly to the consumer, with or without first sending the data to a centralized MDM system of the utility.
Itron Inc. | Date: 2011-09-23
Consumption data of utility resources such as gas and water may be used to detect conditions that, left unchecked, may lead to a natural gas explosion, flood, or other event. A data collection device may be configured to monitor consumption of a resource through a utility meter at a location in substantially real time. The data collection device may detect abnormal consumption of the resource at the location, and transmit an alert indicating the abnormal consumption of the resource to a remote computing device. The data collection device may additionally initiate a mitigating action to prevent an event based on the abnormal resource consumption.