Global Diaphragm Gas Meter Market Size study, By Product Type (Conventional, Smart), By End Use (Residential, Commercial, Industrial), and Regional Forecasts 2022-2028

Global Diaphragm Gas Meter Market Size study, By Product Type (Conventional, Smart), By End Use (Residential, Commercial, Industrial), and Regional Forecasts 2022-2028

Global Diaphragm Gas Meter Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.

Diaphragm Gas Meter can be defined as is a positive displacement flow meter that measures the volumetric flow of gas through oscillating diaphragms contained in a series of chambers of known volume. In this meter gas flows into a chamber of known capacity, which features an oscillating diaphragm. The section fills and empties the gas, and the volumetric flow rate is determined with each cycle. The growing utilization of PNG and LPG gasses and increasing demand for Smart gas meters as well as Strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to International Energy Agency (IEA) estimates – during 2019, the global gas demand was estimated at 4000 billion cubic metres (bcm) and this number is projected to grow to 4350 billion cubic metres (bcm) by 2025. Furthermore, leading market players are working towards new acquisition to capitalize the growing demand for Diaphragm Gas Meters. For instance, in February 2022, Houston, Texas, USA based Dresser Utility Solutions completed acquisition of Liberty Lake, Washington, United States based Itron’s European commercial & industrial (C&I) mechanical gas meter business, gas stations meter and pressure regulation business and global gas regulator business. Also, growing expansion of residential and commercial gas meter installations and increasing number of investments towards gas pipeline projects are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a high cost associated with diaphragm gas meters coupled with availability of alternative solutions impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Diaphragm Gas Meter Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing number of residential gas pipeline installation projects and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of gas pipeline projects and increasing number of domestic gas connections, would create lucrative growth prospects for the Diaphragm Gas Meter Market across the Asia Pacific region.

Major market players included in this report are:
Secure meters
General Electric
Aichi Tokei Denki Co., Ltd.
Jabil
ABB Ltd
ACLARA
Badger Meter Inc.
Diehl Metering
Itron, Inc.
LANDIS+GYR

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type
Conventional
Smart
By End Use
Residential
Commercial
Industrial
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Diaphragm Gas Meter Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Secure meters
General Electric
Aichi Tokei Denki Co., Ltd.
Jabil
ABB Ltd
ACLARA
Badger Meter Inc.
Diehl Metering
Itron, Inc.
LANDIS+GYR

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