Global smart gas meter market will reach $5.61 billion by 2032, growing by 6.9% annually over 2022-2032, driven by the increasing safety needs, digitalization of distribution grids and optimization of network operations, asset management of advanced metering infrastructure (AMI), and increasing investment in smart meter technologies supported by government initiatives. In terms of sales volume (million units), the global market is expected to grow by 7.5% annually over the forecast years.
Highlighted with 141 tables and 76 figures, this 192-page report “Global Smart Gas Meter Market 2022-2032 by Component (Hardware, Software), Technology (AMR, AMI), Product Type (Diaphragm, Ultrasonic), Smart Card (CPU, RFID), End Use (Residential, Commercial, Industrial), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global smart gas meter market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global smart gas meter market in every aspect of the classification from perspectives of Component, Technology, Product Type, Smart Card, End Use, and Region.
Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
• Software & Service
Based on Technology, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Automatic Meter Reading (AMR)
• Advanced Metering Infrastructure (AMI)
By Product Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Smart Diaphragm Gas Meter
• Smart Ultrasonic Gas Meter
By Smart Card, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• CPU Card-based Meters
• RFID Card-based Meters
• Other Card-based Meters
By End Use, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Residential Use
• Commercial Use
• Industrial Use
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, and Rest of MEA)
For each region and country, detailed analysis and annual revenue ($ mn) are available for 2022-2032. The breakdown of all regional markets by country and the breakdown of each national market by Component, Technology, and End Use over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Aclara Technologies
AEM
Aichi Tokei Denki Co. Ltd.
Apator SA
Azbil Kimmon Co. Ltd (Azbil Corporation)
Badger Meter, Inc.
Chongqing Shancheng Gas Equipment Co., Ltd.
Dandong Dongfa (Group) Co., Ltd.
Diehl Stiftung GmbH & Co. KG
EDMI Ltd.
Elster Group GmbH (Honeywell International Inc.)
Holley Technology Ltd. (Zhejiang Huamei Holding Co., Ltd.)
Itron Inc.
Landis + GYR Group AG
Pietro Fiorentini SpA
Sagemcom SAS
Schneider Electric SE
Sensus Usa Inc. (Xylem Inc.)
Siemens AG
Wasion Group Holdings
Yazaki Corporation
Zenner International GmbH & Co. KG
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 21
2.1 Market Size and Forecast 21
2.1.1 Impact of COVID-19 on World Economy 23
2.1.2 Impact of COVID-19 on the Market 26
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 28
2.2 Major Growth Drivers 32
2.3 Market Restraints and Challenges 35
2.4 Emerging Opportunities and Market Trends 38
2.5 Porter’s Fiver Forces Analysis 42
3 Segmentation of Global Market by Component 46
3.1 Market Overview by Component 46
3.2 Hardware 48
3.3 Software & Service 49
4 Segmentation of Global Market by Technology 50
4.1 Market Overview by Technology 50
4.2 Automatic Meter Reading (AMR) 52
4.3 Advanced Metering Infrastructure (AMI) 53
5 Segmentation of Global Market by Product Type 54
5.1 Market Overview by Product Type 54
5.2 Smart Diaphragm Gas Meter 56
5.3 Smart Ultrasonic Gas Meter 57
6 Segmentation of Global Market by Smart Card 58
6.1 Market Overview by Smart Card 58
6.2 CPU Card-based Meters 60
6.3 RFID Card-based Meters 61
6.4 Other Card-based Meters 62
7 Segmentation of Global Market by End Use 63
7.1 Market Overview by End Use 63
7.2 Residential Use 65
7.3 Commercial Use 66
7.4 Industrial Use 67
8 Segmentation of Global Market by Region 68
8.1 Geographic Market Overview 2022-2032 68
8.2 North America Market 2022-2032 by Country 74
8.2.1 Overview of North America Market 74
8.2.2 U.S. 77
8.2.3 Canada 80
8.2.4 Mexico 82
8.3 European Market 2022-2032 by Country 84
8.3.1 Overview of European Market 84
8.3.2 Germany 87
8.3.3 UK 89
8.3.4 France 91
8.3.5 Spain 93
8.3.6 Italy 95
8.3.7 Russia 97
8.3.8 Rest of European Market 99
8.4 Asia-Pacific Market 2022-2032 by Country 101
8.4.1 Overview of Asia-Pacific Market 101
8.4.2 Japan 104
8.4.3 China 107
8.4.4 Australia 109
8.4.5 India 111
8.4.6 South Korea 113
8.4.7 Rest of APAC Region 115
8.5 South America Market 2022-2032 by Country 117
8.5.1 Argentina 120
8.5.2 Brazil 122
8.5.3 Chile 124
8.5.4 Rest of South America Market 126
8.6 MEA Market 2022-2032 by Country 127
8.6.1 UAE 130
8.6.2 Saudi Arabia 132
8.6.3 South Africa 134
8.6.4 Other National Markets 136
9 Competitive Landscape 137
9.1 Overview of Key Vendors 137
9.2 New Product Launch, Partnership, Investment, and M&A 140
9.3 Company Profiles 141
Aclara Technologies 141
AEM 143
Aichi Tokei Denki Co. Ltd. 145
Apator SA 147
Azbil Kimmon Co. Ltd (Azbil Corporation) 149
Badger Meter, Inc. 152
Chongqing Shancheng Gas Equipment Co., Ltd. 154
Dandong Dongfa (Group) Co., Ltd. 155
Diehl Stiftung GmbH & Co. KG 156
EDMI Ltd. 158
Elster Group GmbH (Honeywell International Inc.) 160
Holley Technology Ltd. (Zhejiang Huamei Holding Co., Ltd.) 162
Itron Inc. 165
Landis + GYR Group AG 168
Pietro Fiorentini SpA 170
Sagemcom SAS 173
Schneider Electric SE 176
Sensus Usa Inc. (Xylem Inc.) 179
Siemens AG 181
Wasion Group Holdings 185
Yazaki Corporation 188
Zenner International GmbH & Co. KG 190
Related Reports and Products 192
List of Tables:
Table 1. Snapshot of Global Smart Gas Meter Market in Balanced Perspective, 2022-2032 19
Table 2. World Economic Outlook, 2021-2031 24
Table 3. World Economic Outlook, 2021-2023 25
Table 4. Scenarios for Economic Impact of Ukraine Crisis 29
Table 5. Main Product Trends and Market Opportunities in Global Smart Gas Meter Market 38
Table 6. Global Smart Gas Meter Market by Component, 2022-2032, $ mn 46
Table 7. Global Smart Gas Meter Market by Technology, 2022-2032, $ mn 50
Table 8. Global Smart Gas Meter Market by Product Type, 2022-2032, $ mn 54
Table 9. Global Smart Gas Meter Market by Smart Card, 2022-2032, $ mn 58
Table 10. Global Smart Gas Meter Market by End Use, 2022-2032, $ mn 63
Table 11. Global Smart Gas Meter Market by Region, 2022-2032, $ mn 69
Table 12. Global Smart Gas Meter Market by Region, 2022-2032, million units 71
Table 13. Leading National Smart Gas Meter Market, 2022 and 2032, $ mn 73
Table 14. North America Smart Gas Meter Market by Country, 2022-2032, $ mn 76
Table 15. U.S. Smart Gas Meter Market by Component, 2022-2032, $ mn 79
Table 16. U.S. Smart Gas Meter Market by Technology, 2022-2032, $ mn 79
Table 17. U.S. Smart Gas Meter Market by End Use, 2022-2032, $ mn 79
Table 18. Canada Smart Gas Meter Market by Component, 2022-2032, $ mn 81
Table 19. Canada Smart Gas Meter Market by Technology, 2022-2032, $ mn 81
Table 20. Canada Smart Gas Meter Market by End Use, 2022-2032, $ mn 81
Table 21. Mexico Smart Gas Meter Market by Component, 2022-2032, $ mn 83
Table 22. Mexico Smart Gas Meter Market by Technology, 2022-2032, $ mn 83
Table 23. Mexico Smart Gas Meter Market by End Use, 2022-2032, $ mn 83
Table 24. Europe Smart Gas Meter Market by Country, 2022-2032, $ mn 86
Table 25. Germany Smart Gas Meter Market by Component, 2022-2032, $ mn 88
Table 26. Germany Smart Gas Meter Market by Technology, 2022-2032, $ mn 88
Table 27. Germany Smart Gas Meter Market by End Use, 2022-2032, $ mn 88
Table 28. UK Smart Gas Meter Market by Component, 2022-2032, $ mn 90
Table 29. UK Smart Gas Meter Market by Technology, 2022-2032, $ mn 90
Table 30. UK Smart Gas Meter Market by End Use, 2022-2032, $ mn 90
Table 31. France Smart Gas Meter Market by Component, 2022-2032, $ mn 92
Table 32. France Smart Gas Meter Market by Technology, 2022-2032, $ mn 92
Table 33. France Smart Gas Meter Market by End Use, 2022-2032, $ mn 92
Table 34. Spain Smart Gas Meter Market by Component, 2022-2032, $ mn 94
Table 35. Spain Smart Gas Meter Market by Technology, 2022-2032, $ mn 94
Table 36. Spain Smart Gas Meter Market by End Use, 2022-2032, $ mn 94
Table 37. Italy Smart Gas Meter Market by Component, 2022-2032, $ mn 96
Table 38. Italy Smart Gas Meter Market by Technology, 2022-2032, $ mn 96
Table 39. Italy Smart Gas Meter Market by End Use, 2022-2032, $ mn 96
Table 40. Russia Smart Gas Meter Market by Component, 2022-2032, $ mn 98
Table 41. Russia Smart Gas Meter Market by Technology, 2022-2032, $ mn 98
Table 42. Russia Smart Gas Meter Market by End Use, 2022-2032, $ mn 98
Table 43. Smart Gas Meter Market in Rest of Europe by Country, 2022-2032, $ mn 100
Table 44. APAC Smart Gas Meter Market by Country, 2022-2032, $ mn 103
Table 45. Japan Smart Gas Meter Market by Component, 2022-2032, $ mn 106
Table 46. Japan Smart Gas Meter Market by Technology, 2022-2032, $ mn 106
Table 47. Japan Smart Gas Meter Market by End Use, 2022-2032, $ mn 106
Table 48. China Smart Gas Meter Market by Component, 2022-2032, $ mn 108
Table 49. China Smart Gas Meter Market by Technology, 2022-2032, $ mn 108
Table 50. China Smart Gas Meter Market by End Use, 2022-2032, $ mn 108
Table 51. Australia Smart Gas Meter Market by Component, 2022-2032, $ mn 110
Table 52. Australia Smart Gas Meter Market by Technology, 2022-2032, $ mn 110
Table 53. Australia Smart Gas Meter Market by End Use, 2022-2032, $ mn 110
Table 54. India Smart Gas Meter Market by Component, 2022-2032, $ mn 112
Table 55. India Smart Gas Meter Market by Technology, 2022-2032, $ mn 112
Table 56. India Smart Gas Meter Market by End Use, 2022-2032, $ mn 112
Table 57. South Korea Smart Gas Meter Market by Component, 2022-2032, $ mn 114
Table 58. South Korea Smart Gas Meter Market by Technology, 2022-2032, $ mn 114
Table 59. South Korea Smart Gas Meter Market by End Use, 2022-2032, $ mn 114
Table 60. Smart Gas Meter Market in Rest of APAC by Country/Region, 2022-2032, $ mn 116
Table 61. South America Smart Gas Meter Market by Country, 2022-2032, $ mn 119
Table 62. Argentina Smart Gas Meter Market by Component, 2022-2032, $ mn 121
Table 63. Argentina Smart Gas Meter Market by Technology, 2022-2032, $ mn 121
Table 64. Argentina Smart Gas Meter Market by End Use, 2022-2032, $ mn 121
Table 65. Brazil Smart Gas Meter Market by Component, 2022-2032, $ mn 123
Table 66. Brazil Smart Gas Meter Market by Technology, 2022-2032, $ mn 123
Table 67. Brazil Smart Gas Meter Market by End Use, 2022-2032, $ mn 123
Table 68. Chile Smart Gas Meter Market by Component, 2022-2032, $ mn 125
Table 69. Chile Smart Gas Meter Market by Technology, 2022-2032, $ mn 125
Table 70. Chile Smart Gas Meter Market by End Use, 2022-2032, $ mn 125
Table 71. MEA Smart Gas Meter Market by Country, 2022-2032, $ mn 129
Table 72. UAE Smart Gas Meter Market by Component, 2022-2032, $ mn 131
Table 73. UAE Smart Gas Meter Market by Technology, 2022-2032, $ mn 131
Table 74. UAE Smart Gas Meter Market by End Use, 2022-2032, $ mn 131
Table 75. Saudi Arabia Smart Gas Meter Market by Component, 2022-2032, $ mn 133
Table 76. Saudi Arabia Smart Gas Meter Market by Technology, 2022-2032, $ mn 133
Table 77. Saudi Arabia Smart Gas Meter Market by End Use, 2022-2032, $ mn 133
Table 78. South Africa Smart Gas Meter Market by Component, 2022-2032, $ mn 135
Table 79. South Africa Smart Gas Meter Market by Technology, 2022-2032, $ mn 135
Table 80. South Africa Smart Gas Meter Market by End Use, 2022-2032, $ mn 135
Table 81. Aclara Technologies: Company Snapshot 141
Table 82. Aclara Technologies: Business Segmentation 142
Table 83. Aclara Technologies: Product Portfolio 142
Table 84. AEM: Company Snapshot 143
Table 85. Aichi Tokei Denki Co. Ltd.: Company Snapshot 145
Table 86. Aichi Tokei Denki Co. Ltd.: Product Portfolio 146
Table 87. Apator SA: Company Snapshot 147
Table 88. Apator SA: Business Segmentation 148
Table 89. Apator SA: Revenue by Region 148
Table 90. Apator SA: Product Portfolio 148
Table 91. Azbil Kimmon Co. Ltd (Azbil Corporation): Company Snapshot 149
Table 92. Azbil Kimmon Co. Ltd (Azbil Corporation): Business Segmentation 150
Table 93. Azbil Kimmon Co. Ltd (Azbil Corporation): Revenue by Region 150
Table 94. Azbil Kimmon Co. Ltd (Azbil Corporation): Product Portfolio 151
Table 95. Badger Meter, Inc.: Company Snapshot 152
Table 96. Badger Meter, Inc.: Revenue by Region 152
Table 97. Badger Meter, Inc.: Product Portfolio 153
Table 98. Chongqing Shancheng Gas Equipment Co., Ltd.: Company Snapshot 154
Table 99. Dandong Dongfa (Group) Co., Ltd.: Company Snapshot 155
Table 100. Diehl Stiftung GmbH & Co. KG: Company Snapshot 156
Table 101. Diehl Stiftung GmbH & Co. KG: Business Segmentation 157
Table 102. Diehl Stiftung GmbH & Co. KG: Product Portfolio 157
Table 103. EDMI Ltd.: Company Snapshot 158
Table 104. EDMI Ltd.: Product Portfolio 158
Table 105. Elster Group GmbH (Honeywell International Inc.): Company Snapshot 160
Table 106. Elster Group GmbH (Honeywell International Inc.): Business Segmentation 161
Table 107. Elster Group GmbH (Honeywell International Inc.): Revenue by Region 161
Table 108. Elster Group GmbH (Honeywell International Inc.): Product Portfolio 161
Table 109. Holley Technology Ltd. (Zhejiang Huamei Holding Co., Ltd.): Company Snapshot 162
Table 110. Holley Technology Ltd. (Zhejiang Huamei Holding Co., Ltd.): Product Portfolio 163
Table 111. Itron Inc.: Company Snapshot 165
Table 112. Itron Inc.: Business Segmentation 166
Table 113. Itron Inc.: Revenue by Region 166
Table 114. Itron Inc.: Product Portfolio 166
Table 115. Landis + GYR Group AG: Company Snapshot 168
Table 116. Landis + GYR Group AG: Revenue by Region 168
Table 117. Landis + GYR Group AG: Product Portfolio 169
Table 118. Pietro Fiorentini SpA: Company Snapshot 170
Table 119. Pietro Fiorentini SpA: Product Portfolio 171
Table 120. Sagemcom SAS: Company Snapshot 173
Table 121. Sagemcom SAS: Business Segmentation 174
Table 122. Sagemcom SAS: Product Portfolio 174
Table 123. Schneider Electric SE: Company Snapshot 176
Table 124. Schneider Electric SE: Business Segmentation 176
Table 125. Schneider Electric SE: Revenue by Region 177
Table 126. Sensus Usa Inc. (Xylem Inc.): Company Snapshot 179
Table 127. Sensus Usa Inc. (Xylem Inc.): Business Segmentation 180
Table 128. Sensus Usa Inc. (Xylem Inc.): Revenue by Region 180
Table 129. Sensus Usa Inc. (Xylem Inc.): Product Portfolio 180
Table 130. Siemens AG: Company Snapshot 181
Table 131. Siemens AG: Business Segmentation 181
Table 132. Siemens AG: Revenue by Region 182
Table 133. Wasion Group Holdings: Company Snapshot 185
Table 134. Wasion Group Holdings: Business Segmentation 186
Table 135. Wasion Group Holdings: Revenue by Region 186
Table 136. Wasion Group Holdings: Product Portfolio 186
Table 137. Yazaki Corporation: Company Snapshot 188
Table 138. Yazaki Corporation: Revenue by Region 188
Table 139. Yazaki Corporation: Product Portfolio 189
Table 140. Zenner International GmbH & Co. KG: Company Snapshot 190
Table 141. Zenner International GmbH & Co. KG: Product Portfolio 191
