The Gas Meter Market is expanding owing to increased demand from industrial applications such as chemicals, glass, pulp and paper, metals, refining, stone, rubber, and food processing industries. The fuel composition has moved away from coal to lower-emission fuels such as natural gas in recent years. The rising demand for smart equipment to track fuel supply in the energy industry will be a significant driving force for global gas meters market development in the forecast period. The increased installation of basic gas meters in the commercial and residential sectors can be attributed to the segment’s rise. Growing infrastructure development investments to boost growth in smart cities, industrial and energy corridors is expected to further increase the gas meter industry, especially in Asia-Pacific. Low pollution, higher calorific value, and more effortless operability are expected to play a significant role in shaping the future industry.
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