Global Smart Gas Meter Market 2020-2027 by Component (Hardware, Software), Technology (AMR, AMI), Product Type (Diaphragm, Ultrasonic), End Use (Residential, Commercial, Industrial), and Region: Trend Outlook and Growth Opportunity
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Global smart gas meter market will reach $3,799.9 million by 2027, growing by 6.4% annually over 2020-2027 driven by 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. The sales volume in million units will register a 2020-2027 CAGR of 9.0%.
Highlighted with 80 tables and 68 figures, this 150-page report “Global Smart Gas Meter Market 2020-2027 by Component (Hardware, Software), Technology (AMR, AMI), Product Type (Diaphragm, Ultrasonic), End Use (Residential, Commercial, Industrial), and Region: Trend Outlook 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 2017-2019 and provides estimate/forecast from 2020 till 2027 with 2019 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. 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, End Use, and Region.
Based on Component, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Hardware
• Software & Service
Based on Technology, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Automatic Meter Reading (AMR)
• Advanced Metering Infrastructure (AMI)
Based on Product Type, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Smart Diaphragm Gas Meter
• Smart Ultrasonic Gas Meter
Based on End Use, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Residential Use
• Commercial Use
• Industrial Use
Geographically, the following regions together with the listed national/local markets are fully investigated:
• 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)
• 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)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2017-2027. The breakdown of all regional markets by country and split of key national markets by Component, Technology, and End Use over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
Aclara Technologies
AEM
Aichi Tokei Denki Co. Ltd.
Apator SA.
Azbil Kimmon Co. Ltd (Azbil Corporation)
Badger Meter
Chongqing Shancheng Gas Equipment
Dandong Dongfa (Group)
Diehl Stiftung GmbH & Co. KG
EDMI
Elster Group GmbH (Honeywell International Inc.)
Holley Technology Ltd (Zhejiang Huamei Holding Co. Ltd)
Honeywell International Inc.
Itron Inc.
Landis + GYR Group AG
Pietro Fiorentini SpA
Sagemcom SAS
Schneider Electric SA
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 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 22
2.2 Major Growth Drivers 24
2.3 Market Restraints and Challenges 27
2.4 Emerging Opportunities and Market Trends 30
2.5 Porter’s Fiver Forces Analysis 34
3 Segmentation of Global Market by Component 38
3.1 Market Overview by Component 38
3.2 Hardware 40
3.3 Software & Service 41
4 Segmentation of Global Market by Technology 42
4.1 Market Overview by Technology 42
4.2 Automatic Meter Reading (AMR) 44
4.3 Advanced Metering Infrastructure (AMI) 45
5 Segmentation of Global Market by Product Type 46
5.1 Market Overview by Product Type 46
5.2 Smart Diaphragm Gas Meter 48
5.3 Smart Ultrasonic Gas Meter 49
6 Segmentation of Global Market by End Use 50
6.1 Market Overview by End Use 50
6.2 Residential Use 52
6.3 Commercial Use 53
6.4 Industrial Use 54
7 Segmentation of Global Market by Region 55
7.1 Geographic Market Overview 2020-2027 55
7.2 North America Market 2020-2027 by Country 59
7.2.1 Overview of North America Market 59
7.2.2 U.S. 62
7.2.3 Canada 65
7.2.4 Mexico 67
7.3 European Market 2020-2027 by Country 69
7.3.1 Overview of European Market 69
7.3.2 UK 72
7.3.3 France 74
7.3.4 Germany 76
7.3.5 Spain 78
7.3.6 Italy 80
7.3.7 Russia 82
7.3.8 Rest of European Market 84
7.4 Asia-Pacific Market 2020-2027 by Country 86
7.4.1 Overview of Asia-Pacific Market 86
7.4.2 China 89
7.4.3 Japan 91
7.4.4 India 94
7.4.5 Australia 96
7.4.6 South Korea 98
7.4.7 Rest of APAC Region 100
7.5 South America Market 2020-2027 by Country 102
7.5.1 Argentina 105
7.5.2 Brazil 107
7.5.3 Chile 109
7.5.4 Rest of South America Market 111
7.6 MEA Market 2020-2027 by Country 112
7.6.1 UAE 115
7.6.2 Saudi Arabia 117
7.6.3 South Africa 119
7.6.4 Other National Markets 121
8 Competitive Landscape 122
8.1 Overview of Key Vendors 122
8.2 New Product Launch, Partnership, Investment, and M&A 125
8.3 Company Profiles 126
Aclara Technologies 126
AEM 128
Aichi Tokei Denki Co. Ltd. 129
Apator SA. 130
Azbil Kimmon Co. Ltd (Azbil Corporation) 131
Badger Meter 132
Chongqing Shancheng Gas Equipment 133
Dandong Dongfa (Group) 134
Diehl Stiftung GmbH & Co. KG 135
EDMI 136
Elster Group GmbH (Honeywell International Inc.) 137
Holley Technology Ltd (Zhejiang Huamei Holding Co. Ltd) 138
Honeywell International Inc. 139
Itron Inc. 140
Landis + GYR Group AG 141
Pietro Fiorentini SpA 142
Sagemcom SAS 143
Schneider Electric SA 144
Sensus Usa Inc. (Xylem Inc.) 145
Siemens AG 146
Wasion Group Holdings 147
Yazaki Corporation 148
Zenner International GmbH & Co. KG 149
Related Reports and Products 150
Research Methodology:
Smart Gas Meter Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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