Global Gas Meters Market – Industry Analysis and Forecast (2023-2029)


Gas Meters Market size is expected to reach US$ 4.28 Bn by 2029, at a CAGR of 4.8% during the forecast period.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.

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Global Gas Meters Market Dynamics:

Gas meter is an apparatus used to measure and records the quantity of gas consumed or produced, regardless of the quality of the gas or pressurized quantity flowing. In recent time, gas meter plays a vital role as it helps to keep a track on gas usage, ensures a safe pressure from the main supply, and provides accurate billing. Usually force of the moving gas was primarily drive in the pipe. Also growth in population, urbanization, elevating consumer incomes, industrialization and expanding gas distribution network have contributed to the market growth to a great extent.

The report on “Gas Meters” is segmented by technology, by application and by region. Based on 'technology gas meters' 'market is segmented into standard gas meters, and smart gas meters. By application gas meters ' market is segmented into residential, commercial and industrial. Based on type 'gas meters market' is segmented into diaphragm meters, rotary meters, turbine meters and ultrasonic flow meters. Regionally market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

In 2019, standard meters segment occupied a major revenue share because of its low price and extensive adoption for various applications in the market. Recently smart meters segment is anticipated to expand gas meter market at the xx% CAGR due to the norms and regulations introduced by the governments.


Among residential, commercial and industrial of gas meters application, residential segment dominated the gas meters market during the forecasting period. The residential segment is expected to expand at CAGR of around xx% over the forecast period. This fast pace of growth can be attributed to gas meters implementation, which regulates norms of households by governments of various countries in order to reduce wastage and avoid theft of gas.

On basis of type, in gas meters market, diaphragm meters is expected to hold a xx% share in the market during forecast period. Diaphragm meters commonly known as bellow a meter which is also use in sectors of residential and commercial installations. Other than diaphragm meters, rotary meters, turbine meters, ultrasonic flow meters, other types such as orifice meters and coriolis meters plays a significant role in the market.

Regional Insights:

North America market holds xx% share in gas meters during the forecast period. Increasing demand for gas meters from industrial as well as residential consumers in the region will bolstering natural gas demand and consumption in the market. Asia Pacific region especially China and India are gaining popularity and economies through gas meters. In India, city of Mumbai announced that Tata Communications, a telecommunication solution and services provider will be working with Mahanagar Gas, a domestic gas utility company to deploy around 5,000 gas meters.

The objective of the report is to present a comprehensive analysis of the Global Gas Meters Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors in the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global Gas Meters Market dynamics, structure by analyzing the market segments and project the Global ,arket size. Clear representation of competitive analysis of key players by End-User Industry, price, financial position, Product portfolio, growth strategies, and regional presence in the Global market make the report investor’s guide.

Gas Meters Market, Key Highlights:

Global Gas Meters Market analysis and forecast, in terms of value.

Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global market

Gas Meters market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

Global Gas Meters Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

Global market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global market are also profiled.

Gas Meters Market Scope: Inquire before buying






Gas Meters Market




Report Coverage
Details




Base Year:
2022
Forecast Period:
2023-2029




Historical Data:
2018 to 2022
Market Size in 2022:
US $ 3.08 Bn.




Forecast Period 2023 to 2029 CAGR:
4.8%
Market Size in 2029:
US $ 4.28 Bn.




 Segments Covered:
by Technology
Standard Gas Meters
Smart Gas Meters




by Application
Residential
Commercial
Industrial




by Type
Diaphragm Meters
Rotary Meters,
Turbine Meters
Ultrasonic Flow Meters






Gas Meters Market by Region:

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)

Key Players are :

1. ABB Ltd.
2. Elster Group GmbH
3. Endress+Hauser AG
4. Landis+Gyr AG
5. Emerson Electric Co.
6. GE Energy Management Inc.
7. Itron Inc
8. Siemens AG
9. Badger Meter Inc.
10.Schneider Electric SE
11.Apator Group
12.Diehl Metering
13.Honeywell International, Inc.
14.Sensus
15.EDMI
16.Raychem RPG
17.CHINT
18.ZENNER
19.Master Meter
20.Aclara Technologies

Frequently Asked Questions:

1] What segments are covered in Gas Meters Market report?
Ans. The segments covered in gas meters   Market report are based on Product, and Distribution Channel.

2] Which region is expected to hold the highest share in the global Gas Meters Market?
Ans. North America is expected to hold the highest share in the global market.

3] What is the market size of global Gas Meters Market by 2029?
Ans. The market size of global market by 2029 is US $ 4.28 Bn.

4] Who are the top key players in the global Gas Meters Market?
Ans. ABB Ltd., Elster Group GmbH, Endress+Hauser AG, Honeywell International, and Aclara Technologiesare the top key players in the global market.

5] What was the market size of global market in 2022?
Ans. The market size of global market in 2022 was US $ 3.08 Bn. 




1. Gas Meters Market: Research Methodology

2. Gas Meters Market Introduction
2.1. Study Assumption and Market Definition
2.2. Scope of the Study
2.3. Executive Summary

3. Gas Meters Market qualitative analysis
3.1. Key Technologies use in gas meter
3.2. Customer Perspectives
3.2.1. Consumer Awareness and Acceptance of Smart Meters

4. Gas Meters Market: Dynamics
4.1. Gas Meters Market Trends by Region
4.1.1. North America Gas Meters Market Trends
4.1.2. Europe Gas Meters Market Trends
4.1.3. Asia Pacific Gas Meters Market Trends
4.1.4. Middle East and Africa Gas Meters Market Trends
4.1.5. South America Gas Meters Market Trends
4.2. Gas Meters Market Dynamics by Region
4.2.1. North America
4.2.1.1. North America Gas Meters Market Drivers
4.2.1.2. North America Gas Meters Market Restraints
4.2.1.3. North America Gas Meters Market Opportunities
4.2.1.4. North America Gas Meters Market Challenges
4.2.2. Europe
4.2.2.1. Europe Gas Meters Market Drivers
4.2.2.2. Europe Gas Meters Market Restraints
4.2.2.3. Europe Gas Meters Market Opportunities
4.2.2.4. Europe Gas Meters Market Challenges
4.2.3. Asia Pacific
4.2.3.1. Asia Pacific Gas Meters Market Drivers
4.2.3.2. Asia Pacific Gas Meters Market Restraints
4.2.3.3. Asia Pacific Gas Meters Market Opportunities
4.2.3.4. Asia Pacific Gas Meters Market Challenges
4.2.4. Middle East and Africa
4.2.4.1. Middle East and Africa Gas Meters Market Drivers
4.2.4.2. Middle East and Africa Gas Meters Market Restraints
4.2.4.3. Middle East and Africa Gas Meters Market Opportunities
4.2.4.4. Middle East and Africa Gas Meters Market Challenges
4.2.5. South America
4.2.5.1. South America Gas Meters Market Drivers
4.2.5.2. South America Gas Meters Market Restraints
4.2.5.3. South America Gas Meters Market Opportunities
4.2.5.4. South America Gas Meters Market Challenges
4.3. PORTER’s Five Forces Analysis
4.4. PESTLE Analysis
4.5. Regulatory Landscape by Region
4.5.1. North America
4.5.2. Europe
4.5.3. Asia Pacific
4.5.4. Middle East and Africa
4.5.5. South America
4.6. Key Opinion Leader Analysis for Gas Meters Market
4.7. Analysis of Government Schemes and Initiatives for Gas Meters Market
4.8. The Global Pandemic Impact on Gas Meters Market

5. Gas Meters Market: Global Market Size and Forecast by Segmentation (by Value in USD Million) (2022-2029)
5.1. Gas Meters Market Size and Forecast, by Technology (2022-2029)
5.1.1. Standard Gas Meters
5.1.2. Smart Gas Meters
5.2. Gas Meters Market Size and Forecast, by Application (2022-2029)
5.2.1. Residential
5.2.2. Commercial
5.2.3. Industrial
5.3. Gas Meters Market Size and Forecast, by Type (2022-2029)
5.3.1. Diaphragm Meters
5.3.2. Rotary Meters,
5.3.3. Turbine Meters
5.3.4. Ultrasonic Flow Meters
5.4. Gas Meters Market Size and Forecast, by region (2022-2029)
5.4.1. North America
5.4.2. Europe
5.4.3. Asia Pacific
5.4.4. Middle East and Africa
5.4.5. South America

6. North America Gas Meters Market Size and Forecast by Segmentation (by Value in USD Million) (2022-2029)
6.1. North America Gas Meters Market Size and Forecast, by Technology (2022-2029)
6.1.1. Standard Gas Meters
6.1.2. Smart Gas Meters
6.2. North America Gas Meters Market Size and Forecast, by Application (2022-2029)
6.2.1. Residential
6.2.2. Commercial
6.2.3. Industrial
6.3. North America Gas Meters Market Size and Forecast, by Type (2022-2029)
6.3.1. Diaphragm Meters
6.3.2. Rotary Meters,
6.3.3. Turbine Meters
6.3.4. Ultrasonic Flow Meters
6.4. North America Gas Meters Market Size and Forecast, by Country (2022-2029)
6.4.1. United States
6.4.1.1. United States Gas Meters Market Size and Forecast, by Technology (2022-2029)
6.4.1.1.1. Standard Gas Meters
6.4.1.1.2. Smart Gas Meters
6.4.1.2. United States Gas Meters Market Size and Forecast, by Application (2022-2029)
6.4.1.2.1. Residential
6.4.1.2.2. Commercial
6.4.1.2.3. Industrial
6.4.1.3. United States Gas Meters Market Size and Forecast, by Type (2022-2029)
6.4.1.3.1. Diaphragm Meters
6.4.1.3.2. Rotary Meters,
6.4.1.3.3. Turbine Meters
6.4.1.3.4. Ultrasonic Flow Meters
6.4.2. Canada
6.4.2.1. Canada Gas Meters Market Size and Forecast, by Technology (2022-2029)
6.4.2.1.1. Standard Gas Meters
6.4.2.1.2. Smart Gas Meters
6.4.2.2. Canada Gas Meters Market Size and Forecast, by Application (2022-2029)
6.4.2.2.1. Residential
6.4.2.2.2. Commercial
6.4.2.2.3. Industrial
6.4.2.3. Canada Gas Meters Market Size and Forecast, by Type (2022-2029)
6.4.2.3.1. Diaphragm Meters
6.4.2.3.2. Rotary Meters,
6.4.2.3.3. Turbine Meters
6.4.2.3.4. Ultrasonic Flow Meters
6.4.3. Mexico
6.4.3.1. Mexico Gas Meters Market Size and Forecast, by Technology (2022-2029)
6.4.3.1.1. Standard Gas Meters
6.4.3.1.2. Smart Gas Meters
6.4.3.2. Mexico Gas Meters Market Size and Forecast, by Application (2022-2029)
6.4.3.2.1. Residential
6.4.3.2.2. Commercial
6.4.3.2.3. Industrial
6.4.3.3. Mexico Gas Meters Market Size and Forecast, by Type (2022-2029)
6.4.3.3.1. Diaphragm Meters
6.4.3.3.2. Rotary Meters,
6.4.3.3.3. Turbine Meters
6.4.3.3.4. Ultrasonic Flow Meters

7. Europe Gas Meters Market Size and Forecast by Segmentation (by Value in USD Million) (2022-2029)
7.1. Europe Gas Meters Market Size and Forecast, by Technology (2022-2029)
7.2. Europe Gas Meters Market Size and Forecast, by Application (2022-2029)
7.3. Europe Gas Meters Market Size and Forecast, by Type (2022-2029)
7.4. Europe Gas Meters Market Size and Forecast, by Country (2022-2029)
7.4.1. United Kingdom
7.4.1.1. United Kingdom Gas Meters Market Size and Forecast, by Technology (2022-2029)
7.4.1.2. United Kingdom Gas Meters Market Size and Forecast, by Application (2022-2029)
7.4.1.3. United Kingdom Gas Meters Market Size and Forecast, by Type (2022-2029)
7.4.2. France
7.4.2.1. France Gas Meters Market Size and Forecast, by Technology (2022-2029)
7.4.2.2. France Gas Meters Market Size and Forecast, by Application (2022-2029)
7.4.2.3. France Gas Meters Market Size and Forecast, by Type (2022-2029)
7.4.3. Germany
7.4.3.1. Germany Gas Meters Market Size and Forecast, by Technology (2022-2029)
7.4.3.2. Germany Gas Meters Market Size and Forecast, by Application (2022-2029)
7.4.3.3. Germany Gas Meters Market Size and Forecast, by Type (2022-2029)
7.4.4. Italy
7.4.4.1. Italy Gas Meters Market Size and Forecast, by Technology (2022-2029)
7.4.4.2. Italy Gas Meters Market Size and Forecast, by Application (2022-2029)
7.4.4.3. Italy Gas Meters Market Size and Forecast, by Type (2022-2029)
7.4.5. Spain
7.4.5.1. Spain Gas Meters Market Size and Forecast, by Technology (2022-2029)
7.4.5.2. Spain Gas Meters Market Size and Forecast, by Application (2022-2029)
7.4.5.3. Spain Gas Meters Market Size and Forecast, by Type (2022-2029)
7.4.6. Sweden
7.4.6.1. Sweden Gas Meters Market Size and Forecast, by Technology (2022-2029)
7.4.6.2. Sweden Gas Meters Market Size and Forecast, by Application (2022-2029)
7.4.6.3. Sweden Gas Meters Market Size and Forecast, by Type (2022-2029)
7.4.7. Austria
7.4.7.1. Austria Gas Meters Market Size and Forecast, by Technology (2022-2029)
7.4.7.2. Austria Gas Meters Market Size and Forecast, by Application (2022-2029)
7.4.7.3. Austria Gas Meters Market Size and Forecast, by Type (2022-2029)
7.4.8. Rest of Europe
7.4.8.1. Rest of Europe Gas Meters Market Size and Forecast, by Technology (2022-2029)
7.4.8.2. Rest of Europe Gas Meters Market Size and Forecast, by Application (2022-2029)
7.4.8.3. Rest of Europe Gas Meters Market Size and Forecast, by Type (2022-2029)

8. Asia Pacific Gas Meters Market Size and Forecast by Segmentation Side (by Value in USD Million) (2022-2029)
8.1. Asia Pacific Gas Meters Market Size and Forecast, by Technology (2022-2029)
8.2. Asia Pacific Gas Meters Market Size and Forecast, by Application (2022-2029)
8.3. Asia Pacific Gas Meters Market Size and Forecast, by Type (2022-2029)
8.4. Asia Pacific Gas Meters Market Size and Forecast, by Country (2022-2029)
8.4.1. China
8.4.1.1. China Gas Meters Market Size and Forecast, by Technology (2022-2029)
8.4.1.2. China Gas Meters Market Size and Forecast, by Application (2022-2029)
8.4.1.3. China Gas Meters Market Size and Forecast, by Type (2022-2029)
8.4.2. S Korea
8.4.2.1. S Korea Gas Meters Market Size and Forecast, by Technology (2022-2029)
8.4.2.2. S Korea Gas Meters Market Size and Forecast, by Application (2022-2029)
8.4.2.3. S Korea Gas Meters Market Size and Forecast, by Type (2022-2029)
8.4.3. Japan
8.4.3.1. Japan Gas Meters Market Size and Forecast, by Technology (2022-2029)
8.4.3.2. Japan Gas Meters Market Size and Forecast, by Application (2022-2029)
8.4.3.3. Japan Gas Meters Market Size and Forecast, by Type (2022-2029)
8.4.4. India
8.4.4.1. India Gas Meters Market Size and Forecast, by Technology (2022-2029)
8.4.4.2. India Gas Meters Market Size and Forecast, by Application (2022-2029)
8.4.4.3. India Gas Meters Market Size and Forecast, by Type (2022-2029)
8.4.5. Australia
8.4.5.1. Australia Gas Meters Market Size and Forecast, by Technology (2022-2029)
8.4.5.2. Australia Gas Meters Market Size and Forecast, by Application (2022-2029)
8.4.5.3. Australia Gas Meters Market Size and Forecast, by Type (2022-2029)
8.4.6. Indonesia
8.4.6.1. Indonesia Gas Meters Market Size and Forecast, by Technology (2022-2029)
8.4.6.2. Indonesia Gas Meters Market Size and Forecast, by Application (2022-2029)
8.4.6.3. Indonesia Gas Meters Market Size and Forecast, by Type (2022-2029)
8.4.7. Malaysia
8.4.7.1. Malaysia Gas Meters Market Size and Forecast, by Technology (2022-2029)
8.4.7.2. Malaysia Gas Meters Market Size and Forecast, by Application (2022-2029)
8.4.7.3. Malaysia Gas Meters Market Size and Forecast, by Type (2022-2029)
8.4.8. Vietnam
8.4.8.1. Vietnam Gas Meters Market Size and Forecast, by Technology (2022-2029)
8.4.8.2. Vietnam Gas Meters Market Size and Forecast, by Application (2022-2029)
8.4.8.3. Vietnam Gas Meters Market Size and Forecast, by Type (2022-2029)
8.4.9. Taiwan
8.4.9.1. Taiwan Gas Meters Market Size and Forecast, by Technology (2022-2029)
8.4.9.2. Taiwan Gas Meters Market Size and Forecast, by Application (2022-2029)
8.4.9.3. Taiwan Gas Meters Market Size and Forecast, by Type (2022-2029)
8.4.10. Rest of Asia Pacific
8.4.10.1. Rest of Asia Pacific Gas Meters Market Size and Forecast, by Technology (2022-2029)
8.4.10.2. Rest of Asia Pacific Gas Meters Market Size and Forecast, by Application (2022-2029)
8.4.10.3. Rest of Asia Pacific Gas Meters Market Size and Forecast, by Type (2022-2029)

9. Middle East and Africa Gas Meters Market Size and Forecast by Segmentation (by Value in USD Million) (2022-2029
9.1. Middle East and Africa Gas Meters Market Size and Forecast, by Technology (2022-2029)
9.2. Middle East and Africa Gas Meters Market Size and Forecast, by Application (2022-2029)
9.3. Middle East and Africa Gas Meters Market Size and Forecast, by Type (2022-2029)
9.4. Middle East and Africa Gas Meters Market Size and Forecast, by Country (2022-2029)
9.4.1. South Africa
9.4.1.1. South Africa Gas Meters Market Size and Forecast, by Technology (2022-2029)
9.4.1.2. South Africa Gas Meters Market Size and Forecast, by Application (2022-2029)
9.4.1.3. South Africa Gas Meters Market Size and Forecast, by Type (2022-2029)
9.4.2. GCC
9.4.2.1. GCC Gas Meters Market Size and Forecast, by Technology (2022-2029)
9.4.2.2. GCC Gas Meters Market Size and Forecast, by Application (2022-2029)
9.4.2.3. GCC Gas Meters Market Size and Forecast, by Type (2022-2029)
9.4.3. Nigeria
9.4.3.1. Nigeria Gas Meters Market Size and Forecast, by Technology (2022-2029)
9.4.3.2. Nigeria Gas Meters Market Size and Forecast, by Application (2022-2029)
9.4.3.3. Nigeria Gas Meters Market Size and Forecast, by Type (2022-2029)
9.4.4. Rest of ME&A
9.4.4.1. Rest of ME&A Gas Meters Market Size and Forecast, by Technology (2022-2029)
9.4.4.2. Rest of ME&A Gas Meters Market Size and Forecast, by Application (2022-2029)
9.4.4.3. Rest of ME&A Gas Meters Market Size and Forecast, by Type (2022-2029)

10. South America Gas Meters Market Size and Forecast by Segmentation (by Value in USD Million) (2022-2029
10.1. South America Gas Meters Market Size and Forecast, by Technology (2022-2029)
10.2. South America Gas Meters Market Size and Forecast, by Application (2022-2029)
10.3. South America Gas Meters Market Size and Forecast, by Type (2022-2029)
10.4. South America Gas Meters Market Size and Forecast, by Country (2022-2029)
10.4.1. Brazil
10.4.1.1. Brazil Gas Meters Market Size and Forecast, by Technology (2022-2029)
10.4.1.2. Brazil Gas Meters Market Size and Forecast, by Application (2022-2029)
10.4.1.3. Brazil Gas Meters Market Size and Forecast, by Type (2022-2029)
10.4.2. Argentina
10.4.2.1. Argentina Gas Meters Market Size and Forecast, by Technology (2022-2029)
10.4.2.2. Argentina Gas Meters Market Size and Forecast, by Application (2022-2029)
10.4.2.3. Argentina Gas Meters Market Size and Forecast, by Type (2022-2029)
10.4.3. Rest Of South America
10.4.3.1. Rest Of South America Gas Meters Market Size and Forecast, by Technology (2022-2029)
10.4.3.2. Rest Of South America Gas Meters Market Size and Forecast, by Application (2022-2029)
10.4.3.3. Rest Of South America Gas Meters Market Size and Forecast, by Type (2022-2029)

11. Global Gas Meters Market: Competitive Landscape
11.1. MMR Competition Matrix
11.2. Competitive Landscape
11.3. Key Players Benchmarking
11.3.1. Company Name
11.3.2. Service Segment
11.3.3. End-user Segment
11.3.4. Revenue (2022)
11.3.5. Company Locations
11.4. Leading Gas Meters Market Companies, by Market Capitalization
11.5. Market Structure
11.5.1. Market Leaders
11.5.2. Market Followers
11.5.3. Emerging Players
11.6. Mergers and Acquisitions Details

12. Company Profile: Key Players
12.1. ABB Ltd.
12.1.1. Company Overview
12.1.2. Business Portfolio
12.1.3. Financial Overview
12.1.4. SWOT Analysis
12.1.5. Strategic Analysis
12.1.6. Recent Developments
12.2. Elster Group GmbH
12.3. Endress+Hauser AG
12.4. Landis+Gyr AG
12.5. Emerson Electric Co.
12.6. GE Energy Management Inc.
12.7. Itron Inc
12.8. Siemens AG
12.9. Badger Meter Inc.
12.10. Schneider Electric SE
12.11. Apator Group
12.12. Diehl Metering
12.13. Honeywell International, Inc.
12.14. Sensus
12.15. EDMI
12.16. Raychem RPG
12.17. CHINT
12.18. ZENNER
12.19. Master Meter
12.20. Aclara Technologies

13. Key Findings

14. Industry Recommendations

15. Terms and Glossary
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