Global Smart Gas Meter Market Research Report: Forecast (2025-2030)

Smart Gas Meter Market Report - By Technology (Automated Meter Reading, Advanced Metering Infrastructure, Standard Meters), By End User (Residential, Municipal, Commercial, Industr......ial), and Other Read more

  • Energy
  • Jan 2025
  • 190
  • PDF, Excel, PPT

Market Definition

A smart gas meter is a modernized version of the traditional gas meter used to measure the consumption of natural gas in homes & businesses. These meters, compared to traditional meters, are equipped with technology that allows them to automatically record & transmit gas usage data. Wireless communication technology, such as cellular networks or low-power wide-area networks (LPWAN), is frequently used by these meters to send real-time or periodic consumption data to utility companies.

Market Insights & Analysis: Global Smart Gas Meter Market (2025-30):

The Global Smart Gas Meter Market size is expected to be valued at around USD 6.5 billion in 2023 and is estimated to grow at a CAGR of about 6% during the forecast period, i.e., 2025-30. The surge in global natural gas demand, coupled with growing end-user interest in detailed data, is the key aspect contributing to market expansion. Wide-scale adoption of smart gas meters significantly enhances grid and distribution operations by enabling seamless communication among different smart meters. With these meters integrated into gas heating systems, there's a tangible reduction in fuel consumption, indirectly fostering the development of a fully automated grid system. These advancements are projected to expedite the rollout of smart gas meters.

Report Coverage Details
Study Period Historical Data: 2020-23
Base Year: 2024
Forecast Period: 2025-30
CAGR(2025-30) 6%
Regions Covered North America: USA, Canada, Mexico
Europe: Germany, The UK, France, Russia + CIS, Spain, Rest of Europe
Asia-Pacific: China, India, Japan, Australia
South America: Brazil, Argentina
Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Egypt, Algeria
Key Companies Profiled Itron, Elster, Pietro Fiorentini, Landis+Gyr, AEM, Meter Italia, Flonidan, Yazaki, Secure, Aichi Tokei Denki and Other
Unit Denominations 6.5 Billion in 2023

 

Furthermore, the advent of cutting-edge IoT-optimized 5G technology is expected to drive a shift from older RF platforms to emerging standards like NB-IoT in the realm of smart gas meters. Leading companies such as ITRON and Sensirion are introducing next-gen gas meters like the SGM6200 series, offering competitive pricing & ultra-low power consumption, seizing this opportunity. Besides, smart gas meters bolster operational security while cutting costs for gas companies, a pivotal factor driving industry growth. Their functional advantages, including the elimination of manual monthly readings, continuous pipeline monitoring, and access to real-time data, contribute to their adoption.

Moreover, these meters empower gas utility providers to set higher safety standards by leveraging prioritized alarms and real-time data. Further, favorable government policies, robust communication network infrastructure, and significant advancements in advanced metering infrastructure are key drivers enhancing the Smart Gas Meter Market share. Utilities are actively embracing these solutions due to their numerous benefits. Robust development and demand for advanced metering infrastructure significantly bolster market expansion.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Executive Summary
  3. Expert Verbatim- What our Experts Say?
  4. Global Smart Gas Meter Market Outlook, 2020-2030F
    1. Market Potential & Outlook
      1. Units Sold
      2. Market Revenues
    2. Market Segmentation & Outlook
      1. By Technology
        1. Automated Meter Reading (AMR)
        2. Advanced Metering Infrastructure (AMI)
        3. Standard (non-AMR/AMI) Meters
      2. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East and Africa
        5. Asia Pacific
      3. By Component
        1. Hardware
        2. Software
      4. By End User
        1. Municipal
        2. Commercial
        3. Industrial
        4. Residential
      5. By Competitors
        1. Competitor Wise Revenue Share
        2. Strategic Factorial Indexing
        3. Competitor Placement on MarkNtel Quadrant
  5. Global Smart Gas Meter Market Attractiveness Index, 2020- 2025F
    1. By Technology
    2. By End Users
    3. By Region
  6. North America Smart Gas Meter Market Outlook, 2020-2030F
    1. Market Potential & Outlook
      1. Units Sold
      2. Market Revenues
    2. Market Segmentation & Outlook
      1. By Technology
      2. By Country
        1. USA
        2. Canada
        3. Mexico
      3. By End User
    3. The United States Smart Gas Meter Market Outlook, 2020-2030F
      1. Market Potential & Outlook
        1. Units Sold
        2. Market Revenues
      2. Market Segmentation & Outlook
        1. By Technology
        2. By End User
    4. Canada Smart Gas Meter Market Outlook, 2020-2030F
      1. Market Potential & Outlook
        1. Units Sold
        2. Market Revenues
      2. Market Segmentation & Outlook
        1. By Technology
        2. By End User
    5. Mexico Smart Gas Meter Market Outlook, 2020-2030F
      1. Market Potential & Outlook
        1. Units Sold
        2. Market Revenues
      2. Market Segmentation & Outlook
        1. By Technology
        2. By End User
  7. South America Smart Gas Meter Market Outlook, 2020-2030F
    1. Market Potential & Outlook
      1. Units Sold
      2. Market Revenues
    2. Market Segmentation & Outlook
      1. By Technology
      2. By Country
        1. Brazil
        2. Argentina
        3. Others
      3. By End User
    3. Brazil Smart Gas Meter Market Outlook, 2020-2030F
      1. Market Potential & Outlook
        1. Units Sold
        2. Market Revenues
      2. Market Segmentation & Outlook
        1. By Technology
        2. By End User
  8. Europe Smart Gas Meter Market Outlook, 2020-2030F
    1. Market Potential & Outlook
      1. Units Sold
      2. Market Revenues
    2. Market Segmentation & Outlook
      1. By Technology
      2. By Country
        1. UK
        2. Germany
        3. France
        4. Spain
        5. Russia + CIS
        6. Others
      3. By End User
    3. Germany Smart Gas Meter Market Outlook, 2020-2030F
      1. Market Potential & Outlook
        1. Units Sold
        2. Market Revenues
      2. Market Segmentation & Outlook
        1. By Technology
        2. By End User
    4. France Smart Gas Meter Market Outlook, 2020-2030F
      1. Market Potential & Outlook
        1. Units Sold
        2. Market Revenues
      2. Market Segmentation & Outlook
        1. By Technology
        2. By End User
    5. The UK Smart Gas Meter Market Outlook, 2020-2030F
      1. Market Potential & Outlook
        1. Units Sold
        2. Market Revenues
      2. Market Segmentation & Outlook
        1. By Technology
        2. By End User
  9. Middle East Smart Gas Meter Market Outlook, 2020-2030F
    1. Market Potential & Outlook
      1. Units Sold
      2. Market Revenues
    2. Market Segmentation & Outlook
      1. By Technology
      2. By Country
        1. Saudi Arabia
        2. UAE
        3. Qatar
        4. Others
      3. By End User
    3. Saudi Arabia Smart Gas Meter Market Outlook, 2020-2030F
      1. Market Potential & Outlook
        1. Units Sold
        2. Market Revenues
      2. Market Segmentation & Outlook
        1. By Technology
        2. By End User
    4. UAE Smart Gas Meter Market Outlook, 2020-2030F
      1. Market Potential & Outlook
        1. Units Sold
        2. Market Revenues
      2. Market Segmentation & Outlook
        1. By Technology
        2. By End User
  10. Africa Smart Gas Meter Market Outlook, 2020-2030F
    1. Market Potential & Outlook
      1. Units Sold
      2. Market Revenues
    2. Market Segmentation & Outlook
      1. By Technology
      2. By Country
        1. South Africa
        2. Egypt
        3. Algeria
        4. Others
      3. By End User
    3. South Africa Smart Gas Meter Market Outlook, 2020-2030F
      1. Market Potential & Outlook
        1. Units Sold
        2. Market Revenues
      2. Market Segmentation & Outlook
        1. By Technology
        2. By End User
  11. Asia Pacific Smart Gas Meter Market Outlook, 2020-2030F
    1. Market Potential & Outlook
      1. Units Sold
      2. Market Revenues
    2. Market Segmentation & Outlook
      1. By Technology
      2. By Country
        1. China
        2. India
        3. Australia
        4. Japan
        5. Others
      3. By End User
    3. China Smart Gas Meter Market Outlook, 2020-2030F
      1. Market Potential & Outlook
        1. Units Sold
        2. Market Revenues
      2. Market Segmentation & Outlook
        1. By Technology
        2. By End User
    4. Japan Smart Gas Meter Market Outlook, 2020-2030F
      1. Market Potential & Outlook
        1. Units Sold
        2. Market Revenues
      2. Market Segmentation & Outlook
        1. By Technology
        2. By End User
    5. India Smart Gas Meter Market Outlook, 2020-2030F
      1. Market Potential & Outlook
        1. Units Sold
        2. Market Revenues
      2. Market Segmentation & Outlook
        1. By Technology
          1. By End User
    6. Australia Smart Gas Meter Market Outlook, 2020-2030F
      1. Market Potential & Outlook
        1. Units Sold
        2. Market Revenues
      2. Market Segmentation & Outlook
        1. By Technology
        2. By End User
  12. Global Smart Gas Meter Market Trends & Developments
  13. Global Smart Gas Meter Market Dynamics
    1. Impact Analysis
    2. Drivers
    3. Challenges
  14. Global Smart Gas Meter Market Winning Strategies, 2023
    1. Investment Scenario
    2. Hotspots
  15. Global Smart Gas Meter Market Porter’s Five Forces Analysis
  16. Global Smart Gas Meter Market Key Success Imperatives for Growth & Success
  17. Competitive Benchmarking
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
    2. Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc.)
      1. Itron
      2. Elster
      3. Pietro Fiorentini
      4. Landis+Gyr
      5. AEM
      6. Meter Italia
      7. Flonidan
      8. Yazaki
      9. Secure
      10. Aichi Tokei Denki
  18. Disclaimer


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making