Being one of the biggest economies in Latin America, Brazil has enormous energy needs with high dependability on fossil fuels. In order to hedge its economy from volatile international crude oil prices, the government has been making serious efforts to increase the consumption of natural gas in the residential and commercial sectors, which in turn, inflate the demand for gas supervision and measurement devices, said our new market research report "Brazil Gas Meter Market Forecast to 2013".
We have identified some critical market trends supporting the gas meter industry prospects in Brazil and leading the industry towards some concrete developments. For instance - the number of natural gas consumers registered an impressive CAGR of close to 8.5% during 2007-2009 and reached around 1.6 Million in 2009. Majority of the consumers emanate from the residential sector that has witnessed unprecedented growth over the past few years. We believe that this growth trend will continue in future which will amplify the gas meter deployment in the residential sector.
Apart from the residential sector, the government has taken some encouraging steps to support the industry future outlook. Initiatives like City Gas Distribution Networks and Growth Acceleration Plans are expected to further boost the demand for gas meters in all the sectors, including residential, industrial, commercial and automobile. In addition, the utilities are focusing on the deployment of smart metering solutions such as AMI and AMR to increase their operation efficiencies. These developments along with some decisive market trends will enable the gas meter industry to register one of the fastest growth rates in Latin America region.
"Brazil Gas Meter Market Forecast to 2013", is an outcome of extensive research and thorough analysis of the gas meter industry in Brazil. The report includes current and future industrial developments, with strong focus on all prominent gas meter consumers, including residential, industrial and automobile. The report provides information about installed capacity and import in context of ongoing industry trends like - household base, rising natural gas consumption, surging industrial automations and focus on safety measures.
The report has a separate segment of competitive landscape that studies the business strategies of Itron and Landis+Gyr. The report has been made considering possible impacts of post recessionary effects prevailing in the Brazilian economy.
For more information visit: http://www.rncos.com/Report/IM241.htm |
