Global Rotary Gas Meter Market Size, Drivers, Trends, Opportunities And Strategies – Includes Rotary Gas Meter Market Share
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Rising natural gas consumption is likely to promote innovation in rotary gas metre manufacturing, propelling the market over the forecast period.
The global rotary gas meter market 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 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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Global Rotary Gas Meter Market Segments Include:
- By Type: Displacement Type, High-Pressure Type, Other Types
- By Technology: Standard Gas Meters, Smart Gas Meters
- By Application: Natural Gas Industry, Industrial Gas Industry, Other Applications
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global rotary gas meter market in 2021.
Major Market Players in the rotary gas meter market include Honeywell Process Solutions, Flow Meter Group B.V., General Electric Company, Kimpex Inc., Tormene Group, Common SA, Pietro Fiorentini, The Raychem Corporation, Dresser Utility Solutions.
Product innovation is a hot trend in the rotary petrol metre market. To maintain their market position, major businesses in the rotary gas metre market are producing innovative products. For example, Honeywell International Inc., a US-based engineering and technology business, will launch its Elster RABO metres, a new size of rotary metres, in April 2022. It operates on a positive displacement rotary type principle. The metre calculates volume by displacing a predefined volume of gas. It combines the tried-and-true features of the Elster and Instromet rotary metre lines. They offer distinct main characteristics such as high rangeability, minimal pressure drop, station design flexibility, and differential pressure test ports.
The Rotary Gas Meter Global Market Report 2023 provides a rotary gas meter market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The rotary gas meter market forecast analyzes rotary gas meter market size, rotary gas meter market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
A rotating gas metre is a positive displacement metre designed for use in applications involving gas custodial transfer. This device, which is primarily used for gas flow ranges and manages higher pressures than diaphragm metres, meets the highest standards for accurate and dependable gas flow measurement.
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