United Arab Emirates (UAE) Gas Market Size & Insights

According to MarkNtel Advisors study The future of United Arab Emirates (UAE) Gas 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.

What are the Key Driver in the United Arab Emirates (UAE) Gas Market?

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.

What are the Key Segments in the United Arab Emirates (UAE) Gas Market?

The United Arab Emirates (UAE) Gas is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

• 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)

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How does geographical analysis highlight in the United Arab Emirates (UAE) Gas market?

·       By Region

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

Who are the Key Players in United Arab Emirates (UAE) Gas 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, and others

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United Arab Emirates (UAE) Gas Market News

2023: Itron Inc. unveiled a new Itron Fiber Mini Access Point (Fiber MiniAP™) that would help in managing the infrastructure for next-generation smart metering systems.

Key pillars of the research methodology include:

·       Scope & Research Design – Clearly defined objectives with tailored qualitative and quantitative methods, backed by precise timelines and budgets.

·       Sample Selection & Data Collection – Representative samples achieved through proven techniques like random and stratified sampling, supported by reliable tools such as surveys, interviews, and observations.

·       Data Analysis & Validation – Rigorous cleaning, advanced statistical modeling, and thematic analysis ensure accuracy, reliability, and minimal bias.

·       Forecasting & Finalization – Predictive modeling and time-series analysis anticipate future market behaviors, presented through insightful reports with charts, graphs, and strategic recommendations.

"Our methodology reflects the trust businesses place in us. By combining innovation with precision, we deliver not just numbers, but clarity and direction for decision-makers worldwide," said a spokesperson for MarkNtel Advisors.

Why This MarkNtel Advisors Research Report:

• In-depth Market Analysis: Understand trends and dynamics shaping growth.
• Segmented Insights: Target specific segments for focused strategies.
• Geographical Performance: Assess market opportunities by geographic area.
• Emerging Technologies: Discover advancements like AI integration.
• Risk Identification: Pinpoint challenges to inform strategic planning.
• Future Forecasts: Prepare for market changes with actionable projections.

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