+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Smart Gas Meter Market by Type and Automated Meter Reading, Component, and End Use: Global Opportunity Analysis and Industry Forecast, 2020-2027

  • PDF Icon

    Report

  • 253 Pages
  • November 2020
  • Region: Global
  • Allied Market Research
  • ID: 5237528
The global smart gas meter market size is expected to reach $5.99 billion by 2027 from $3.71 billion in 2019, growing at a CAGR of 6.9% from 2020 to 2027. A smart gas meter not only measures gas flow but also use wireless communication to connect to local or wide area networks that allow infrastructure maintenance, remote location monitoring, and automatic billing. In gas utility application, the meters must function for long periods and convey data regularly. A combination of smart metering technology with sensors for smart valves, gas pressure, and gas leak detectors on the same network represent a concrete response for gas utilities to enhance safety and improve overall efficiency.

The Internet of Things (IoT) ecosystem help drive the smart gas meter market, as these can provide real-time data for various purposes and end-use industries such as residential, commercial, and industrial. With leveraging big data analytics, they can also shift from cutting costs as the main benefit of finding benefits for consumers and organizations. Some of the vendors are offering wireless solution for smart gas metering, which consists of WAVIoT gas meters and the meter data management system that allow them to get the consumption reports from the meters remotely.

The major factors that drive the smart gas meter market size is supportive government policies, development of communication network infrastructure, and high developments in the field of advanced metering infrastructure. In addition, large scale installations of the smart meters by the utility companies are focusing on strengthening the distribution of the smart gas meters. However, high installation and maintenance cost of smart gas meters borne by end users restrain the growth of the smart gas meter market. Various grid operators and other gas utility providers are effectively managing the demand for smart gas meters. However, various benefits offered by the smart gas meter market such as automatic meter reading and bill generation are further expected to contribute toward the growth of the smart gas meter industry.

The global smart gas meter market is segmented on the basis of type, component, and end use. Further, on the basis of type, the market is segmented into automated metering infrastructure (AMI) and automated meter reading (AMR). On the basis of end use component, it is classified into hardware and software. On the basis of end use, it is divided into residential, commercial, and industrial.

Based on region, the global smart gas meter market trend is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

The key market players extensively profiled in the report include Honeywell International Inc, Itron Inc., Landis+Gyr, Schneider Electric SA, Siemens AG, Badger Meter, EDMI, Sensus, Aclara Technologies, and Apator SA. Market players have adopted various strategies such as product launch, collaboration, partnership, and agreement to expand their foothold in the smart gas meter industry.

KEY MARKET SEGMENTS

By TYPE
  • Automated Metering Infrastructure (AMI)
  • Automated Meter Reading (AMR)

By COMPONENT
  • Hardware
  • Software

By END USE
  • Residential
  • Commercial
  • Industrial

By REGION
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • France
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

KEY PLAYERS
  • Honeywell International Inc.
  • Itron Inc.
  • Landis+Gyr
  • Schneider Electric SA
  • Siemens AG
  • Badger Meter
  • EDMI
  • Sensus
  • Aclara Technologies
  • Apator SA.

Table of Contents

Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
Chapter 2: Executive Summary
2.1. CXO Perspective
Chapter 3: Market Overview
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Impacting Factors
3.2.2. Top Investment Pockets
3.3. Porter’s Five Forces Analysis
3.4. Patent Analysis
3.4.1. By Region (2012-2020)
3.4.2. By Applicant (2012-2020)
3.5. Market Dynamics
3.5.1. Drivers
3.5.1.1. Development of Communication Network Infrastructure
3.5.1.2. High Developments in the Field of Advanced Metering Infrastructure
3.5.1.3. Government Initiatives
3.5.2. Restraint
3.5.2.1. High Installation and Maintenance Cost of Smart Gas Meters
3.5.3. Opportunity
3.5.3.1. Development of Smart City Project in Emerging Countries
3.6. Covid-19 Impact Analysis
3.6.1. Covid-19 Outbreak
3.6.2. Impact on Market Size
3.6.3. End-user Trends, Preference, and Budget Impact
3.6.4. Economic Impact
Chapter 4: Global Smart Gas Meter Market, by Type
4.1. Overview
4.2. Advanced Metering Infrastructure (Ami)
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Analysis, by Country
4.3. Automated Meter Reading (Amr)
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Analysis, by Country
Chapter 5: Global Smart Gas Meter Market, by Component
5.1. Overview
5.2. Hardware
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Analysis, by Country
5.3. Software
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Analysis, by Country
Chapter 6: Global Smart Gas Meter Market, by End Use
6.1. Overview
6.2. Residential
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Region
6.2.3. Market Analysis, by Country
6.3. Commercial
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Analysis, by Country
6.4. Industrial
6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast, by Region
6.4.3. Market Analysis, by Country
Chapter 7: Smart Gas Meter Market, by Region
7.1. Overview
7.2. North America
7.2.1. Key Market Trends, Growth Factors, and Opportunities
7.2.2. Market Size and Forecast, by Type
7.2.3. Market Size and Forecast, by Component
7.2.4. Market Size and Forecast, by End Use
7.2.4.1. U.S.
7.2.4.1.1. Market Size and Forecast, by Type
7.2.4.1.2. Market Size and Forecast, by Component
7.2.4.1.3. Market Size and Forecast, by End Use
7.2.4.2. Canada
7.2.4.2.1. Market Size and Forecast, by Type
7.2.4.2.2. Market Size and Forecast, by Component
7.2.4.2.3. Market Size and Forecast, by End Use
7.2.4.3. Mexico
7.2.4.3.1. Market Size and Forecast, by Type
7.2.4.3.2. Market Size and Forecast, by Component
7.2.4.3.3. Market Size and Forecast, by End Use
7.3. Europe
7.3.1. Key Market Trends, Growth Factors, and Opportunities
7.3.2. Market Size and Forecast, by Type
7.3.3. Market Size and Forecast, by Component
7.3.4. Market Size and Forecast, by End Use
7.3.5. Market Analysis, by Country
7.3.5.1. UK
7.3.5.1.1. Market Size and Forecast, by Type
7.3.5.1.2. Market Size and Forecast, by Component
7.3.5.1.3. Market Size and Forecast, by End Use
7.3.5.2. France
7.3.5.2.1. Market Size and Forecast, by Type
7.3.5.2.2. Market Size and Forecast, by Component
7.3.5.2.3. Market Size and Forecast, by End Use
7.3.5.3. Italy
7.3.5.3.1. Market Size and Forecast, by Type
7.3.5.3.2. Market Size and Forecast, by Component
7.3.5.3.3. Market Size and Forecast, by End Use
7.3.5.4. Rest of Europe
7.3.5.4.1. Market Size and Forecast, by Type
7.3.5.4.2. Market Size and Forecast, by Component
7.3.5.4.3. Market Size and Forecast, by End Use
7.4. Asia-Pacific
7.4.1. Key Market Trends, Growth Factors, and Opportunities
7.4.2. Market Size and Forecast, by Type
7.4.3. Market Size and Forecast, by Component
7.4.4. Market Size and Forecast, by End Use
7.4.5. Market Analysis, by Country
7.4.5.1. China
7.4.5.1.1. Market Size and Forecast, by Type
7.4.5.1.2. Market Size and Forecast, by Component
7.4.5.1.3. Market Size and Forecast, by End Use
7.4.5.2. Japan
7.4.5.2.1. Market Size and Forecast, by Type
7.4.5.2.2. Market Size and Forecast, by Component
7.4.5.2.3. Market Size and Forecast, by End Use
7.4.5.3. India
7.4.5.3.1. Market Size and Forecast, by Type
7.4.5.3.2. Market Size and Forecast, by Component
7.4.5.3.3. Market Size and Forecast, by End Use
7.4.5.4. South Korea
7.4.5.4.1. Market Size and Forecast, by Type
7.4.5.4.2. Market Size and Forecast, by Component
7.4.5.4.3. Market Size and Forecast, by End Use
7.4.5.5. Rest of Asia-Pacific
7.4.5.5.1. Market Size and Forecast, by Type
7.4.5.5.2. Market Size and Forecast, by Component
7.4.5.5.3. Market Size and Forecast, by End Use
7.5. LAMEA
7.5.1. Key Market Trends, Growth Factors, and Opportunities
7.5.2. Market Size and Forecast, by Type
7.5.3. Market Size and Forecast, by Component
7.5.4. Market Size and Forecast, by End Use
7.5.5. Market Analysis, by Country
7.5.5.1. Latin America
7.5.5.1.1. Market Size and Forecast, by Type
7.5.5.1.2. Market Size and Forecast, by Component
7.5.5.1.3. Market Size and Forecast, by End Use
7.5.5.2. Middle East & Africa
7.5.5.2.1. Market Size and Forecast, by Type
7.5.5.2.2. Market Size and Forecast, by Component
7.5.5.2.3. Market Size and Forecast, by End Use
7.5.5.3. Africa
7.5.5.3.1. Market Size and Forecast, by Type
7.5.5.3.2. Market Size and Forecast, by Component
7.5.5.3.3. Market Size and Forecast, by End Use
Chapter 8: Competitive Landscape
8.1. Introduction
8.1.1. Market Player Positioning, 2020
8.2. Top Winning Strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
Chapter 9: Company Profiles
9.1. Honeywell International Inc.
9.1.1. Company Overview
9.1.2. Company Snapshot
9.1.3. Operating Business Segments
9.1.4. Product Portfolio
9.1.5. R&D Expenditure
9.1.6. Business Performance
9.1.7. Key Strategic Moves and Developments
9.2. Schneider Electric
9.2.1. Company Overview
9.2.2. Key Executives
9.2.3. Company Snapshot
9.2.4. Operating Business Segments
9.2.5. Product Portfolio
9.2.6. R&D Expenditure
9.2.7. Business Performance
9.3. Siemens AG
9.3.1. Company Overview
9.3.2. Key Executives
9.3.3. Company Snapshot
9.3.4. Operating Business Segments
9.3.5. Product Portfolio
9.3.6. R&D Expenditure
9.3.7. Business Performance
9.3.8. Key Strategic Moves and Developments
9.4. Itron Inc.
9.4.1. Company Overview
9.4.2. Key Executives
9.4.3. Company Snapshot
9.4.4. Operating Business Segments
9.4.5. Product Portfolio
9.4.6. R&D Expenditure
9.4.7. Business Performance
9.4.8. Key Strategic Moves and Developments
9.5. Landis+Gyr
9.5.1. Company Overview
9.5.2. Key Executives
9.5.3. Company Snapshot
9.5.4. Product Portfolio
9.5.5. R&D Expenditure
9.5.6. Business Performance
9.5.7. Key Strategic Moves and Developments
9.6. Sensus (Xylem)
9.6.1. Company Overview
9.6.2. Key Executives
9.6.3. Company Snapshot
9.6.4. Operating Business Segments
9.6.5. Product Portfolio
9.6.6. R&D Expenditure
9.6.7. Business Performance
9.6.8. Key Strategic Moves and Developments
9.7. Apator Sa
9.7.1. Company Overview
9.7.2. Key Executives
9.7.3. Company Snapshot
9.7.4. Product Portfolio
9.7.5. Business Performance
9.8. Edmi Limited
9.8.1. Company Overview
9.8.2. Key Executives
9.8.3. Company Snapshot
9.8.4. Product Portfolio
9.8.5. Key Strategic Moves and Developments
9.9. Badger Meter, Inc.
9.9.1. Company Overview
9.9.2. Key Executives
9.9.3. Company Snapshot
9.9.4. Product Portfolio
9.9.5. R&D Expenditure
9.9.6. Business Performance
9.10. Aclara Technologies LLC
9.10.1. Company Overview
9.10.2. Key Executives
9.10.3. Company Snapshot
9.10.4. Product Portfolio
9.10.5. Key Strategic Moves and Developments

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

Loading
LOADING...