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Gas Meters - Global Strategic Business Report

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    Report

  • 273 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4805065

Global Gas Meters Market to Reach $4.8 Billion by 2030

The global market for Gas Meters estimated at US$3.6 Billion in the year 2023, is projected to reach a revised size of US$4.8 Billion by 2030, growing at a CAGR of 3.7% over the analysis period 2023-2030.

Basic Gas Meters, one of the segments analyzed in the report, is projected to record 3.3% CAGR and reach US$3.6 Billion by the end of the analysis period. Growth in the Smart Gas Meters segment is estimated at 5% CAGR for the next 8-year period.

Exciting New Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

What to Expect from the Global Economy in 2024

Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 75 Featured)

  • CGI, Inc.
  • Badger Meter, Inc.
  • Apator SA (Apator Group)
  • Diehl Metering GmbH
  • Advanced Electronics Company
  • Diehl Stiftung & Co. KG (Diehl Group)
  • AddGroup
  • Chongqing Shancheng Gas Equipment Co., Ltd.
  • Dandong Dongfa (Group) Co., Ltd.
  • British Gas
  • China Minsen Meter Co., Ltd.
  • EKM Metering Inc.
  • AEM SA
  • Aichi Tokei Denki Co., Ltd.
  • Azbil Kimmon Co., Ltd.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Gas Meters - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Robust Natural Gas Production & Distribution, the Cornerstone for Growth in the Market
  • Recent Market Activity
  • Innovations & Advancements
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • As Gas Utilities Come Under Pressure to Curb Wastages & Ensure Accurate Billing, Smart Gas Solutions Rise in Popularity
  • Here’s Why Modern Gas Utilities Need Smart Gas Meters
  • Rise of Smart Cities Drives Up Deployment of Smart Gas Meters
  • Development of Gas Pipeline Infrastructure, a Key Demand Driver
  • Piped Cooking Gas Initiatives, the Foundation for Growth of Gas Meters in the Domestic Sector in Developing Countries
  • Rapid industrialization & Increased Use of Natural Gas Drives Demand in the Industrial Sector
  • IoT Automated Gas Meters, A Revolution in Efficiency Underway
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Gas Meters by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World 7-Year Perspective for Gas Meters by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2024 & 2030
  • Table 3: World Recent Past, Current & Future Analysis for Basic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 4: World 7-Year Perspective for Basic by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Smart by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 6: World 7-Year Perspective for Smart by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 8: World 7-Year Perspective for Residential by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 9: World Recent Past, Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 10: World 7-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 12: World 7-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 13: World Gas Meters Market Analysis of Annual Sales in US$ Thousand for Years 2020 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Gas Meters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Table 14: USA Recent Past, Current & Future Analysis for Gas Meters by Type - Basic and Smart - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 15: USA 7-Year Perspective for Gas Meters by Type - Percentage Breakdown of Value Sales for Basic and Smart for the Years 2024 & 2030
  • Table 16: USA Recent Past, Current & Future Analysis for Gas Meters by End-Use - Residential, Commercial and Industrial - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 17: USA 7-Year Perspective for Gas Meters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Industrial for the Years 2024 & 2030
CANADA
  • Table 18: Canada Recent Past, Current & Future Analysis for Gas Meters by Type - Basic and Smart - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 19: Canada 7-Year Perspective for Gas Meters by Type - Percentage Breakdown of Value Sales for Basic and Smart for the Years 2024 & 2030
  • Table 20: Canada Recent Past, Current & Future Analysis for Gas Meters by End-Use - Residential, Commercial and Industrial - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 21: Canada 7-Year Perspective for Gas Meters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Industrial for the Years 2024 & 2030
JAPAN
  • Gas Meters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Table 22: Japan Recent Past, Current & Future Analysis for Gas Meters by Type - Basic and Smart - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 23: Japan 7-Year Perspective for Gas Meters by Type - Percentage Breakdown of Value Sales for Basic and Smart for the Years 2024 & 2030
  • Table 24: Japan Recent Past, Current & Future Analysis for Gas Meters by End-Use - Residential, Commercial and Industrial - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 25: Japan 7-Year Perspective for Gas Meters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Industrial for the Years 2024 & 2030
CHINA
  • Gas Meters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Table 26: China Recent Past, Current & Future Analysis for Gas Meters by Type - Basic and Smart - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 27: China 7-Year Perspective for Gas Meters by Type - Percentage Breakdown of Value Sales for Basic and Smart for the Years 2024 & 2030
  • Table 28: China Recent Past, Current & Future Analysis for Gas Meters by End-Use - Residential, Commercial and Industrial - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 29: China 7-Year Perspective for Gas Meters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Industrial for the Years 2024 & 2030
EUROPE
  • Gas Meters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Table 30: Europe Recent Past, Current & Future Analysis for Gas Meters by Geographic Region - France, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 31: Europe 7-Year Perspective for Gas Meters by Geographic Region - Percentage Breakdown of Value Sales for France, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2024 & 2030
  • Table 32: Europe Recent Past, Current & Future Analysis for Gas Meters by Type - Basic and Smart - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 33: Europe 7-Year Perspective for Gas Meters by Type - Percentage Breakdown of Value Sales for Basic and Smart for the Years 2024 & 2030
  • Table 34: Europe Recent Past, Current & Future Analysis for Gas Meters by End-Use - Residential, Commercial and Industrial - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 35: Europe 7-Year Perspective for Gas Meters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Industrial for the Years 2024 & 2030
FRANCE
  • Gas Meters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • Table 36: France Recent Past, Current & Future Analysis for Gas Meters by Type - Basic and Smart - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 37: France 7-Year Perspective for Gas Meters by Type - Percentage Breakdown of Value Sales for Basic and Smart for the Years 2024 & 2030
  • Table 38: France Recent Past, Current & Future Analysis for Gas Meters by End-Use - Residential, Commercial and Industrial - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 39: France 7-Year Perspective for Gas Meters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Industrial for the Years 2024 & 2030
ITALY
  • Table 40: Italy Recent Past, Current & Future Analysis for Gas Meters by Type - Basic and Smart - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 41: Italy 7-Year Perspective for Gas Meters by Type - Percentage Breakdown of Value Sales for Basic and Smart for the Years 2024 & 2030
  • Table 42: Italy Recent Past, Current & Future Analysis for Gas Meters by End-Use - Residential, Commercial and Industrial - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 43: Italy 7-Year Perspective for Gas Meters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Industrial for the Years 2024 & 2030
UNITED KINGDOM
  • Gas Meters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • Table 44: UK Recent Past, Current & Future Analysis for Gas Meters by Type - Basic and Smart - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 45: UK 7-Year Perspective for Gas Meters by Type - Percentage Breakdown of Value Sales for Basic and Smart for the Years 2024 & 2030
  • Table 46: UK Recent Past, Current & Future Analysis for Gas Meters by End-Use - Residential, Commercial and Industrial - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 47: UK 7-Year Perspective for Gas Meters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Industrial for the Years 2024 & 2030
SPAIN
  • Table 48: Spain Recent Past, Current & Future Analysis for Gas Meters by Type - Basic and Smart - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 49: Spain 7-Year Perspective for Gas Meters by Type - Percentage Breakdown of Value Sales for Basic and Smart for the Years 2024 & 2030
  • Table 50: Spain Recent Past, Current & Future Analysis for Gas Meters by End-Use - Residential, Commercial and Industrial - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 51: Spain 7-Year Perspective for Gas Meters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Industrial for the Years 2024 & 2030
RUSSIA
  • Table 52: Russia Recent Past, Current & Future Analysis for Gas Meters by Type - Basic and Smart - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 53: Russia 7-Year Perspective for Gas Meters by Type - Percentage Breakdown of Value Sales for Basic and Smart for the Years 2024 & 2030
  • Table 54: Russia Recent Past, Current & Future Analysis for Gas Meters by End-Use - Residential, Commercial and Industrial - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 55: Russia 7-Year Perspective for Gas Meters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Industrial for the Years 2024 & 2030
REST OF EUROPE
  • Table 56: Rest of Europe Recent Past, Current & Future Analysis for Gas Meters by Type - Basic and Smart - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 57: Rest of Europe 7-Year Perspective for Gas Meters by Type - Percentage Breakdown of Value Sales for Basic and Smart for the Years 2024 & 2030
  • Table 58: Rest of Europe Recent Past, Current & Future Analysis for Gas Meters by End-Use - Residential, Commercial and Industrial - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 59: Rest of Europe 7-Year Perspective for Gas Meters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Industrial for the Years 2024 & 2030
ASIA-PACIFIC
  • Gas Meters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Table 60: Asia-Pacific Recent Past, Current & Future Analysis for Gas Meters by Type - Basic and Smart - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 61: Asia-Pacific 7-Year Perspective for Gas Meters by Type - Percentage Breakdown of Value Sales for Basic and Smart for the Years 2024 & 2030
  • Table 62: Asia-Pacific Recent Past, Current & Future Analysis for Gas Meters by End-Use - Residential, Commercial and Industrial - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 63: Asia-Pacific 7-Year Perspective for Gas Meters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Industrial for the Years 2024 & 2030
LATIN AMERICA
  • Gas Meters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
  • Table 64: Latin America Recent Past, Current & Future Analysis for Gas Meters by Type - Basic and Smart - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 65: Latin America 7-Year Perspective for Gas Meters by Type - Percentage Breakdown of Value Sales for Basic and Smart for the Years 2024 & 2030
  • Table 66: Latin America Recent Past, Current & Future Analysis for Gas Meters by End-Use - Residential, Commercial and Industrial - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 67: Latin America 7-Year Perspective for Gas Meters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Industrial for the Years 2024 & 2030
MIDDLE EAST
  • Gas Meters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
  • Table 68: Middle East Recent Past, Current & Future Analysis for Gas Meters by Type - Basic and Smart - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 69: Middle East 7-Year Perspective for Gas Meters by Type - Percentage Breakdown of Value Sales for Basic and Smart for the Years 2024 & 2030
  • Table 70: Middle East Recent Past, Current & Future Analysis for Gas Meters by End-Use - Residential, Commercial and Industrial - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 71: Middle East 7-Year Perspective for Gas Meters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Industrial for the Years 2024 & 2030
AFRICA
  • Gas Meters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
  • Table 72: Africa Recent Past, Current & Future Analysis for Gas Meters by Type - Basic and Smart - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 73: Africa 7-Year Perspective for Gas Meters by Type - Percentage Breakdown of Value Sales for Basic and Smart for the Years 2024 & 2030
  • Table 74: Africa Recent Past, Current & Future Analysis for Gas Meters by End-Use - Residential, Commercial and Industrial - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 75: Africa 7-Year Perspective for Gas Meters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Industrial for the Years 2024 & 2030
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • CGI, Inc.
  • Badger Meter, Inc.
  • Apator SA (Apator Group)
  • Diehl Metering GmbH
  • Advanced Electronics Company
  • Diehl Stiftung & Co. KG (Diehl Group)
  • AddGroup
  • Chongqing Shancheng Gas Equipment Co., Ltd.
  • Dandong Dongfa (Group) Co., Ltd.
  • British Gas
  • China Minsen Meter Co., Ltd.
  • EKM Metering Inc.
  • AEM SA
  • Aichi Tokei Denki Co., Ltd.
  • Azbil Kimmon Co., Ltd.

Table Information