Global Gas Meter Market to be Driven by the rising demand for technologically advanced meters in the Forecast Period of 2021-2026
iCrowd Newswire
27 Jul 2021, 12:31 GMT+10
The new report by Expert Market Research titled, Gas Meter Market Report and Forecast 2021-2026 , gives an in-depth analysis of the global gas meter market, assessing the market based on its segments like types, process types, distribution channels, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter s Five Forces models.
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India Vending Machine Market is expected to witness substantial growth of 14.9% CAGR during 2020-2026.
The India vending machine market is expected to witness robust growth over the coming years on account of the growing retail industry and rapid urbanization.
The Indian retail markets have transformed from traditional shops towards new organized retail formats and the emergence of shopping malls, supermarkets, hypermarkets, and convenience stores. Vending machines were first introduced in India in the government transportation and hospitality sector to provide convenience to consumers to procure essential products even during closed hours.
Currently, vending machines are mainly used in India s retail sector. The majority of the vending machines operating in the country are being installed at airports, educational institutions, railway stations, offices, hospitals, petrol stations, malls, supermarkets, and hypermarkets. Moreover, demand for vending machines was decreased during 20