MarkNtel Advisors recently published a detailed industry analysis of United Arab Emirates (UAE) Gas Meters Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
United Arab Emirates (UAE) Gas Meters Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The United Arab Emirates (UAE) Gas Meters Market size is estimated to grow at a CAGR of around 6.32% during the forecast period, i.e., 2024-30.
Key Findings in United Arab Emirates (UAE) Gas Meters Market:
- Historical Analysis: 2019–2022
- Base Year: 2023
- Forecast Period: 2024–2030
Leading Market Players- Elster Group (Honeywell), Itron Inc., Sitex Polska sp. z o.o., Diehl Metering FZE, Prism Gas Detection Private Limited, RMGS Rombach Metering Gas Solutions GmbH, AK Infos LLC, Flowline Instruments LLC, Badger Meter Inc., Daesung Measuring, and others
Key Highlights of the Report
- Market Dimensions And Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver United Arab Emirates (UAE) Gas Meters industry?
Rising Construction of Hotels & Resorts Driving Market Growth – In recent years, tourism in the UAE registered growth owing to the dominance of tourist leisure attractions & rising live events. This surge in tourism is facilitating the demand for accommodation facilities. As a result, several hotel groups, like Marriott, ITC Hotel Group, etc., are expanding & constructing new hotels & resorts in the UAE. For instance,
- In 2024, Almal Real Estate Development unveiled its plans to launch luxury hotels in the UAE, which would comprise around 422 rooms to cater to the growing demand for accommodation.
These accommodation facilities depend on gas for various operations, including cooking, which requires systems to measure gas consumption. Therefore, they are increasingly installing gas meters for accurately measuring gas consumption, ensuring efficient usage and precise billing based on actual gas usage.
Furthermore, tourism adds significantly to the overall GDP of the country. According to the Ministry of Economy, in 2023, the travel & tourism sector in the UAE added to around 9% of the overall GDP of the nation. Therefore, the government of the UAE is increasingly launching various initiatives to boost tourism & economy. These initiatives & tourism plans would enhance the construction of several hotels in the country, boosting the demand for gas meters in the UAE during the forecast period.
Download now and gain valuable insights to inform your business strategy, drive growth, and stay ahead of the competition – Download Free PDF Sample– https://www.marknteladvisors.com/query/request-sample/uae-gas-meters-market.html
What segments define United Arab Emirates (UAE) Gas Meters Market from 2024 to 2030? How do these segments contribute to market dynamics and growth?
By Type
- Traditional Gas Meters- Market Size & Forecast 2019-2030, (Thousand)
- Smart Gas Meters- Market Size & Forecast 2019-2030, (Thousand)
According to report, Of them all, smart gas meters hold a prominent share of the UAE Gas Meters Market.
By End User
- Residential- Market Size & Forecast 2019-2030, (Thousand)
- Commercial- Market Size & Forecast 2019-2030, (Thousand)
- Industrial- Market Size & Forecast 2019-2030, (Thousand)
According to report, The residential segment held the dominant share in the UAE Gas Meters Market.
Explore the Complete United Arab Emirates (UAE) Gas Meters Market Analysis Report – https://www.marknteladvisors.com/research-library/uae-gas-meters-market.html
Geographical Analysis: United Arab Emirates (UAE) Gas Meters Market
By Region
- Dubai
- Al Ain & Abu Dhabi
- Sharjah & Northern Emirates
The UAE Gas Meters Industry Recent Development:
- 2023: Itron Inc. unveiled a new Itron Fiber Mini Access Point (Fiber MiniAP™) that would help in managing the infrastructure for next-generation smart metering systems.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Middle East And Africa District Cooling Market?
- How is the Middle East And Africa District Cooling Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/uae-gas-meters-market.html
Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, And data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial And varied client base, including multinational corporations, financial institutions, governments, And individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing And forecasting, And trend analysis, among others, for 15 diverse industrial verticals.
More Research Studies Report:
–Biocomposites Market size was valued at around USD 36.9 billion in 2024 and is projected to reach USD 89 billion by 2030 with a CAGR of around 119.27%.
–Green Solvents Market size was valued at around USD 1.34 billion in 2024And is projected to reach USD 1.87 billion by 2030 with a CAGR of around 5.7%.
For Media Inquiries, Please Contact:
Email: sales@marknteladvisors.com
Trending Blogs : www.marknteladvisors.com/blogs
Export-import Data : https://www.marknteladvisors.com/export-import-data
