Innovations & Trends Within United Arab Emirates (UAE) Gas Meters Market: What is Expected During 2024- 2030

Markntel Advisors’ report, United Arab Emirates (UAE) Gas Meters Research Report: Industry Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the United Arab Emirates (UAE) Gas Meters presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

United Arab Emirates (UAE) Gas Meters Market Industry Research Report Market Summary:

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 rising construction of residential commercial projects, increasing investments to establish industrial units, and surging implementation of regulations safety standards are the factors responsible for the growth in the demand for gas meters in the UAE.

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United Arab Emirates (UAE) Gas Meters Market Dynamics:

Key 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. 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.

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

According to MarkNtel study the market is segmented into the following categories:

By Type

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

Of them all, smart gas meters hold a prominent share of the UAE Gas Meters Market. Smart gas meters offer accurate and precise measurements of gas consumption that eliminate the requirement for estimated manual meter readings.

By End User

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

The residential segment held the dominant share in the UAE Gas Meters Market. The UAE is emerging as a global business hub, with companies expanding their operations within the UAE.

By Region

Dubai
Abu Dhabi Al Ain
Sharjah Northern Emirates.

As indicated in the latest market research report published by Markntel Advisors, “United Arab Emirates (UAE) Gas Meters Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the United Arab Emirates (UAE) Gas Meters. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/uae-gas-meters-market.html

Top Companies Operating in the United Arab Emirates (UAE) Gas Meters Market:

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
Others.

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

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Key Report Highlights:

Market Dimensions 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

Frequently Asked Questions (FAQs)-

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