Innovation boosts gas meter market
The gas meter market will grow at an annual average of 3% through 2020 thanks to the advances made in its technology, according to analyst company Technavio. It is expected to reach 465.1 million euros in four years.
The new techniques allow the development of low-density air measurement devices, sending real-time data to a recorder, controlling the meter through a web connection, and more reliable and more accurate devices. The same study indicates that the industries linked to oil and gas, especially the US. Which will lead the introduction of new models of gas analyzers and boost the market.