The Rotary Gas Meter Global Market Report 2023, provides comprehensive information on the rotary gas meter market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global rotary gas meter market size is expected to grow from $0.98 billion in 2022 to $1.03 billion in 2023 at a compound annual growth rate (CAGR) of 5.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global rotary gas meter market size is expected to reach $1.25 billion in 2027 at a CAGR of 4.9%.
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Product innovation is a key trend gaining popularity in the rotary gas meter market. Major companies operating in the rotary gas meter market are developing innovative products to sustain their position in the market. For instance, in April 2022, Honeywell International Inc., a US-based engineering and technology company, launched its Elster RABO meters, which are a new size of rotary meters. It works on the basis of a positive displacement rotary type principle. By displacing a predetermined volume of gas, the meter calculates volume. It combines the proven characteristics of the Elster and Instromet rotary meter lines. They have unique main features, such as high rangeability, low pressure drop, flexibility in station design, and differential pressure test ports. Additionally, it comes in a non-lubricated and non-resettable index and a high-impact-resistant, ultraviolet-stabilized index, providing better gas measurements.
The rotary gas meter market is segmented:
1) By Type: Displacement Type, High-Pressure Type, Other Types
2) By Technology: Standard Gas Meters, Smart Gas Meters
3) By Application: Natural Gas Industry, Industrial Gas Industry, Other Applications
Asia-Pacific was the largest region in the rotary gas meter market in 2022.
The table of contents in TBRC’s rotary gas meter market report includes:
- Executive Summary
- Rotary Gas Meter Market Characteristics
- Rotary Gas Meter Market Trends And Strategies
- Rotary Gas Meter Market – Macro Economic Scenario
- Rotary Gas Meter Market Size And Growth
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- Africa Rotary Gas Meter Market
- Rotary Gas Meter Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Rotary Gas Meter Market
- Rotary Gas Meter Market Future Outlook and Potential Analysis
- Appendix
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