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AMI Gas Meter Market was valued at USD 1.3 billion in 2023 and is anticipated to grow at a CAGR of 20.6% between 2024 and 2032, due to the ongoing technological advancements and the demand for improved energy management.
Regulatory support for smart grid technologies and investments in infrastructure modernization also fuel this growth. Additionally, the integration of Internet of Things (IoT) technology and the rising need for energy conservation and management in smart cities contribute to the expansion of AMI gas meters. As the global energy landscape shifts towards sustainability, the adoption of AMI gas meters is expected to continue accelerating, driven by the benefits of enhanced efficiency, safety, and consumer engagement.
Report Attribute | Details |
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Base Year: | 2023 |
AMI Gas Meter Market Size in 2023: | USD 1.3 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 20.6% |
2032 Value Projection: | USD 7.2 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 350 |
Tables, Charts & Figures: | 15 |
Segments covered: | Applications |
Growth Drivers: |
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Pitfalls & Challenges: |
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