Brazilian Gas Meter Industry to Grow at a CAGR of 11% by 2013

Brazilian gas meter industry (in volume terms) anticipated to grow at a CAGR of around 11% during 2010-2013, says RNCOS in its research report.

 

Noida, UP -- (SBWIRE) -- 10/31/2010 -- According to our research report “Brazil Gas Meter Market Forecast to 2013”, Brazil’s gas meter industry is at its embryonic stage with respect to gas meter installations and their awareness. The industry has been witnessing a slow but steady growth trend for the past few years. The industry is highly dependent on imports and with the rapid increase in natural gas use (mainly as a clean cooking fuel) the gas meter use is becoming inevitable. This, in turn, is pushing domestic players to increase their production capacities and boost the import figures as well. On the back of number factors discussed in our report, the gas meter industry is anticipated to grow at a CAGR of around 11% during 2010-2013.

Our study shows that the growing consumer base coupled with rapid industrial developments has infused the overall energy demand and encouraged natural gas consumption in the country. Our team of experts has discussed all the factors, which have resulted in enormous demand for gas flow measurement and supervision devices in the country. The report also provides a brief analysis of natural gas reserves, production, distribution, consumption, and import with their future outlook till 2013.

We have found that the residential sector has emerged as the most prominent market segment, which is currently driving the gas meters demand, and its dominance is likely to continue in the coming years as well. Our research analysts have analyzed the demand for various sectors with their forecast till 2013. The report provides an extensive analysis of environment including policy reforms, social environment, and technical developments.

Our research shows that the increasing numbers of households are exerting enormous pressure on regulators to develop and further strengthen the gas distribution infrastructure. This will further boost the deployment of gas meters in the gas distribution infrastructure, and will strongly support the Brazilian gas meter industry. Besides, our report has discussed other industry trends. In addition, it has studied the segments by gas meter classification and presents information on the competitive landscape.

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RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.