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United Arab Emirates (UAE) Gas Meters Market Trends, Share, Growth Drivers, Business Analysis and Future Investment 2030: Markntel Advisors

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.
Published 20 May 2024

United Arab Emirates (UAE) Gas Meters Market Insights Report Overview

The UAE Gas Meters Market size is estimated to grow at a CAGR of around 6.32% during the forecast period, i.e., 2024-30.

The stakeholders will gain in-depth knowledge about the market dynamics and competitive landscape from past, present, and future perspectives, enabling them to use this information to guide their use of money and resources.

The readers of the study can better understand various consumer types, purchasing intentions, their wants and preferences, viewpoints on the product/service, how they react to a specific product that is currently on the market, and much more with the accurate and current information provided in this research report. The study also provides a thorough analysis of the measures that important stakeholders might do to lessen and avoid different economic repercussions.

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United Arab Emirates (UAE) Gas Meters Market Driver:

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.

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.

United Arab Emirates (UAE) Gas Meters Market Analysis:

This analysis provides a thorough examination of the United Arab Emirates (UAE) Gas Meters industry, covering all key aspects. It delves into the broader market environment (macro-overview) while also offering detailed insights into industry performance (micro-level). Key elements explored include current trends, major drivers and challenges impacting the market, a breakdown of the value chain, a SWOT analysis of the industry's strengths, weaknesses, opportunities, and threats, and an analysis of Porter's five forces that influence competition within the market.

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Geographical Level Analysis:

The geographic assessment of the report offers a thorough study of numerous phenomena that are particularly pervasive in significant geographical pockets. By concentrating on key areas that have the potential to draw a larger consumer base, this study assists important stakeholders in making educated investment decisions. Stakeholders may strategically deploy their resources and target their efforts for maximum effect and customer engagement by recognizing the unique trends and dynamics within each region/ country.

By Region

  • Dubai
  • Abu Dhabi & Al Ain
  • Sharjah & Northern Emirates

Competitive Landscape:

Key market players are currently actively putting strategic measures into place to strengthen and develop their positions in this competitive industry. Additionally, businesses are enlarging their markets and looking for chances abroad. The competition landscape in the industry has been in-depth analyzed in the market research report. Additionally, extensive profiles of all big corporations are covered in the report. The study looks at the requirements for manufacturing and processing, project expenses, finance, and economics, as well as projected profit margins and returns on investment. Some of the key players in the market are the ones listed below:

  • 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.
  • Others

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United Arab Emirates (UAE) Gas Meters Market Segmentation Analysis:

In any market, market segmentation study is essential to corporate success. Businesses may successfully focus their efforts, reduce risks, and beat rivals by knowing and classifying various market groups. In order to succeed in a market environment that is constantly changing and competitive, businesses must incorporate market segmentation analysis into their business planning. Various segments are studied in this market report, data & figures of which are presented in a comprehensive manner. Segments includes:

By Type

  • Traditional Gas Meters- Market Size & Forecast 2019-2030, (Thousand)
  • Smart Gas Meters- Market Size & Forecast 2019-2030, (Thousand)

By End User

  • Residential- Market Size & Forecast 2019-2030, (Thousand)
  • Commercial- Market Size & Forecast 2019-2030, (Thousand)
  • Industrial- Market Size & Forecast 2019-2030, (Thousand)

About Us

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.

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