The report provides a comprehensive analysis of the Smart Gas Metering industry market by types, applications, players and regions. This report also displays the production, Consumption, revenue, Gross margin, Cost, Gross, market share, CAGR, and Market influencing factors of the Smart Gas Metering industry in USA, EU, China,India, Japan and other regions, and forecast to 2022, from 2017.
The smart gas meter market in this report has been classified based on end-users into three segments, namely, residential, commercial, and industrial. The residential segment accounted for the largest market size, in terms of value, in 2015. The global gas pipeline network construction in the residential segment accounted for 1,054 kms (approx.) in the past 5 years with another 100 kms expected to be constructed in next 2-3 years, which would boost the smart gas meter market.
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The Automatic Meter Reading (AMR) segment is estimated to be the largest market for smart gas meters in 2016. It is a metering technology that collects consumption data from the gas meters and transfers it to a central database (in the utility station) for billing and other purposes (one-way communication only). Popular in North America and Europe, other regions have also started to implement this metering infrastructure. It is less costly when compared to Advanced Metering Infrastructure (AMI), and hence has a higher market size. However, the AMI market is projected to grow at the highest rate because of its technological superiority.

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North America dominates the smart gas meter market, and Europe is expected to grow at the highest rate during the forecast period. In North America, the growth of the smart gas meter market could be attributed to factors such as investments in smart grid and gas pipeline networks. Meanwhile, several smart gas meter rollouts are taking place in countries such as the U.K., Spain, and France. This, coupled with the EU’s (European Union) plans regarding carbon emission reductions, would drive growth in the European region.


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