Gas Meter Market Outlook 2023-2036

The gas meter market is anticipated to grow with a CAGR of 6.19% over the forecast period, i.e., 2024-2036. Key factors contributing to the growth of the market include the proactive efforts put by the government to achieve energy efficiency goals by saving energy and using gas adequately. However, the rising development of smart infrastructure and rapid urbanization are also driving the market growth. The market is estimated to garner a revenue of USD 13.1 billion by the end of 2036 up from a revenue of about USD 6 billion in the year 2023.

The gas meter market is segmented into various segments, which include segmentation by type, component, end user, and region. By type, the market is segmented into traditional gas meters, and smart gas meter. By the end of 2036, the smart gas meter segment is anticipated to garner the largest revenue of around USD 7.4 billion, up from a revenue of USD 3.3 billion in the year 2023, by burgeoning at a CAGR of 6.39% during the projected period.

On the basis of region, the gas meter market is segregated into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The market in Asia Pacific, amongst the markets in all the other regions, is anticipated to garner the largest revenue of nearly USD 6 billion by the end of 2036. Moreover, in the year 2023, the market in the region generated a revenue of USD 2.4 billion. The growth of the market in the region is attributed to the rising implementation of smart gas meters and the development of smart cities.

Some of the prominent industry leaders in the gas meter market that are included in our report are ABB Group, Aclara Technologies LLC., Badger Meter, Inc., Diehl Stiftung & Co. KG, Honeywell International, Inc., General Electric, Landis+Gyr, KROHNE Messtechnik GmbH, Itron Inc., Apator S.A, Aichi Tokei Denki Co., Ltd., OSAKI ELECTRIC CO., LTD., Azbil Kimmon Co., Ltd., and TOYOKEIKI CO., LTD.

1. An Introduction to the Research Study

1.1. Preface
1.2. Market Taxonomy
1.3. Definition of the Market and the Segments
1.4. Acronyms and Assumptions

2. The Research Procedure

2.1. Sources of Data
2.1.1. Secondary
2.1.2. Primary
2.1.2.1. Manufacturer Front
2.1.2.2. End User Front
2.1.2.3. Supplier/Distributor Front
2.2. Calculation and Derivation of Market Size
2.2.1. Top-down approach
2.2.2. Bottom-up approach

3. Recommendation by Analyst for C-Level Executives4. An Abstract of the Report

5. Evaluation of Market Fluctuations and Outlook

5.1. Market Growth Drivers
5.2. Market Growth Deflation
5.3. Market Trends
5.3.1. End User Based
5.3.2. Product Based

6. Fundamental Market Prospects

6.1. Strategic Competitive Opportunities
6.2. Geographic Opportunities
6.3. Application Centric Opportunities

7. Decarbonization Strategy and Carbon Credit Benefits for Market Players

7.1. Global Government Decarbonization Plans/Goals by Each Country under 2015 Agreement Agreed by 200 Countries
7.2. Measures taken by Countries to Reduce Carbon Footprints
7.3. Carbon Credits and Subsidy Plans/Benefits Rolled out by the Government for Market Players
7.4. Effective Ways to Harness Carbon-Credits and Impact on Profit Margins
7.5. Demand Impact on the Companies Opting for Carbon Credits

8. Regulatory & Standards Landscape

9. Economic Outlook: Japan

9.1. Limitations to Japan’s Economic Recovery
9.2. Uplifting Policies to Foster the Growth of the Economy
9.3. Future-Outlook and Strategic Move for Sustainable Economy

10. Impact of Recession on Japan and the Global Economy11. Industry Value Chain Analysis12. Industry Risk Analysis13. Analysis on Ongoing Technology in the Global Gas Meter Market14. Pricing Analysis15. Industry Growth Outlook16. End-User Analysis17. Regional Demand Analysis18. Porter Five Forces Analysis

19. Global Gas Meter Market Valuation, Business Viewpoint and Forecast, 2023-2036: Worldwide Factors Fostering the Industry Growth

19.1. Market Summary
19.2. Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
19.3. Market Increment $ Opportunity Assessment, 2023-2036
19.4. Year on Year Growth Forecast (%)
19.5. Global Gas Meter Market Valuation, Business Viewpoint, and Forecast by Type, 2023-2036
19.6. Traditional Gas Meter, Market Value (USD Million), Current and Future Projections, 2023-2036
19.7. Sub-Segmented by Smart Gas Meter, Market Value (USD Million), Current and Future Projections, 2023-2036
19.7.1. Smart Ultrasonic Gas Meter Market Value (USD Million) Current and Future Projections, 2023-2036
19.7.2. Smart Diaphragm Gas Meter Market Value (USD Million) Current and Future Projections, 2023-2036
19.7.3. Turbine Gas Meters Market Value (USD Million) Current and Future Projections, 2023-2036
19.7.4. Orifice Gas Meters Market Value (USD Million) Current and Future Projections, 2023-2036
19.7.5. Others, Market Value (USD Million), Current and Future Projections, 2023-2036
19.8. Global Gas Meter Market Valuation, Business Viewpoint, and Forecast by Component, 2023-2036
19.8.1. Hardware, Market Value (USD Million), Current and Future Projections, 2023-2036
19.8.2. Software, Market Value (USD Million), Current and Future Projections, 2023-2036
19.9. Global Gas Meter Market Valuation, Business Viewpoint, and Forecast by End-User, 2023-2036
19.9.1. Residential, Market Value (USD Million), Current and Future Projections, 2023-2036
19.9.2. Commercial, Market Value (USD Million), Current and Future Projections, 2023-2036
19.9.3. Industrial, Market Value (USD Million), Current and Future Projections, 2023-2036
19.10. Global Gas Meter Market Valuation, Business Viewpoint, and Forecast by Region, 2023-2036
19.10.1. North America Market Value (USD Million) & Volume (Thousand Units) Current and Future Projections, 2023-2036
19.10.2. Europe Market Value (USD Million) & Volume (Thousand Units) Current and Future Projections, 2023-2036
19.10.3. Asia Pacific Market Value (USD Million) & Volume (Thousand Units) Current and Future Projections, 2023-2036
19.10.4. Rest of the World Market Value (USD Million) & Volume (Thousand Units) Current and Future Projections, 2023-2036
19.11. Cross Analysis of Type w.r.t. End User (USD Million), 2023-2036

20. North America Gas Meter Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036

20.1. Outline of the Segment
20.2. Detailed Overview
20.3. Leading companies in the region
20.4. Recent trends in the market
20.5. Technological trends
20.6. EXIM Analysis
20.7. Distributor outlook
20.8. North America Gas Meter Market Valuation, Business Viewpoint, and Forecast by Type, 2023-2036
20.9. Traditional Gas Meter, Market Value (USD Million), Current and Future Projections, 2023-2036
20.10. Sub-Segmented by Smart Gas Meter, Market Value (USD Million), Current and Future Projections, 2023-2036
20.10.1. Smart Ultrasonic Gas Meter Market Value (USD Million) Current and Future Projections, 2023-2036
20.10.2. Smart Diaphragm Gas Meter Market Value (USD Million) Current and Future Projections, 2023-2036
20.10.3. Turbine Gas Meters Market Value (USD Million) Current and Future Projections, 2023-2036
20.10.4. Orifice Gas Meters Market Value (USD Million) Current and Future Projections, 2023-2036
20.10.5. Others, Market Value (USD Million), Current and Future Projections, 2023-2036
20.11. North America Gas Meter Market Valuation, Business Viewpoint, and Forecast by Component, 2023-2036
20.11.1. Hardware, Market Value (USD Million), Current and Future Projections, 2023-2036
20.11.2. Software, Market Value (USD Million), Current and Future Projections, 2023-2036
20.12. North America Gas Meter Market Valuation, Business Viewpoint, and Forecast by End-User, 2023-2036
20.12.1. Residential, Market Value (USD Million), Current and Future Projections, 2023-2036
20.12.2. Commercial, Market Value (USD Million), Current and Future Projections, 2023-2036
20.12.3. Industrial, Market Value (USD Million), Current and Future Projections, 2023-2036
20.13. North America Gas Meter Market Valuation, Business Viewpoint, and Forecast by Country, 2023-2036
20.13.1. US Market Value (USD Million) & Volume (Thousand Units) Current and Future Projections, 2023-2036
20.13.2. Canada Market Value (USD Million) & Volume (Thousand Units) Current and Future Projections, 2023-2036
20.13.3. Cross Analysis of Type w.r.t. End User (USD Million), 2023-2036

21. Europe Gas Meter Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036

21.1. Outline of the Segment
21.2. Detailed Overview
21.3. Leading companies in the region
21.4. Recent trends in the market
21.5. Technological trends
21.6. EXIM Analysis
21.7. Distributor outlook
21.8. Europe Gas Meter Market Valuation, Business Viewpoint, and Forecast by Type, 2023-2036
21.9. Traditional Gas Meter, Market Value (USD Million), Current and Future Projections, 2023-2036
21.10. Sub-Segmented by Smart Gas Meter, Market Value (USD Million), Current and Future Projections, 2023-2036
21.10.1. Smart Ultrasonic Gas Meter Market Value (USD Million) Current and Future Projections, 2023-2036
21.10.2. Smart Diaphragm Gas Meter Market Value (USD Million) Current and Future Projections, 2023-2036
21.10.3. Turbine Gas Meters Market Value (USD Million) Current and Future Projections, 2023-2036
21.10.4. Orifice Gas Meters Market Value (USD Million) Current and Future Projections, 2023-2036
21.10.5. Others, Market Value (USD Million), Current and Future Projections, 2023-2036
21.11. Europe Gas Meter Market Valuation, Business Viewpoint, and Forecast by Component, 2023-2036
21.11.1. Hardware, Market Value (USD Million), Current and Future Projections, 2023-2036
21.11.2. Software, Market Value (USD Million), Current and Future Projections, 2023-2036
21.12. Europe Gas Meter Market Valuation, Business Viewpoint, and Forecast by End-User, 2023-2036
21.12.1. Residential, Market Value (USD Million), Current and Future Projections, 2023-2036
21.12.2. Commercial, Market Value (USD Million), Current and Future Projections, 2023-2036
21.12.3. Industrial, Market Value (USD Million), Current and Future Projections, 2023-2036
21.13. Europe Gas Meter Market Valuation, Business Viewpoint, and Forecast by Country, 2023-2036
21.13.1. Current and Future Projections, 2023-2036
21.13.2. UK, Market Value (USD Million) & Volume (Thousand Units) Current and Future Projections, 2023-2036
21.13.3. Italy, Market Value (USD Million) & Volume (Thousand Units) Current and Future Projections, 2023-2036
21.13.4. France, Market Value (USD Million) & Volume (Thousand Units) Current and Future Projections, 2023-2036
21.13.5. Spain, Market Value (USD Million) & Volume (Thousand Units) Current and Future Projections, 2023-2036
21.13.6. BENELUX, Market Value (USD Million) & Volume (Thousand Units) Current and Future Projections, 2023-2036
21.13.7. Russia, Market Value (USD Million) & Volume (Thousand Units) Current and Future Projections, 2023-2036
21.13.8. Poland, Market Value (USD Million) & Volume (Thousand Units) Current and Future Projections, 2023-2036
21.13.9. Rest of Europe, Market Value (USD Million) & Volume (Thousand Units) Current and Future Projections, 2023-2036
21.14. Cross Analysis of Type w.r.t. End User (USD Million), 2023-2036

22. Asia Pacific Gas Meter Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036

22.1. Outline of the Segment
22.2. Detailed Overview
22.3. Leading companies in the region
22.4. Recent trends in the market
22.5. Technological trends
22.6. EXIM Analysis
22.7. Distributor outlook
22.8. Asia Pacific Gas Meter Market Valuation, Business Viewpoint, and Forecast by Type, 2023-2036
22.9. Traditional Gas Meter, Market Value (USD Million), Current and Future Projections, 2023-2036
22.10. Sub-Segmented by Smart Gas Meter, Market Value (USD Million), Current and Future Projections, 2023-2036
22.10.1. Smart Ultrasonic Gas Meter Market Value (USD Million) Current and Future Projections, 2023-2036
22.10.2. Smart Diaphragm Gas Meter Market Value (USD Million) Current and Future Projections, 2023-2036
22.10.3. Turbine Gas Meters Market Value (USD Million) Current and Future Projections, 2023-2036
22.10.4. Orifice Gas Meters Market Value (USD Million) Current and Future Projections, 2023-2036
22.10.5. Others, Market Value (USD Million), Current and Future Projections, 2023-2036
22.11. Asia Pacific Gas Meter Market Valuation, Business Viewpoint, and Forecast by Component, 2023-2036
22.11.1. Hardware, Market Value (USD Million), Current and Future Projections, 2023-2036
22.11.2. Software, Market Value (USD Million), Current and Future Projections, 2023-2036
22.12. Asia Pacific Gas Meter Market Valuation, Business Viewpoint, and Forecast by End-User, 2023-2036
22.12.1. Residential, Market Value (USD Million), Current and Future Projections, 2023-2036
22.12.2. Commercial, Market Value (USD Million), Current and Future Projections, 2023-2036
22.12.3. Industrial, Market Value (USD Million), Current and Future Projections, 2023-2036
22.13. Asia Pacific Gas Meter Market Valuation, Business Viewpoint, and Forecast by Country, 2023-2036
22.13.1. China, Market Value (USD Million) & Volume (Thousand Units) Current and Future Projections, 2023-2036
22.13.2. India, Market Value (USD Million) & Volume (Thousand Units) Current and Future Projections, 2023-2036
22.13.3. Indonesia, Market Value (USD Million) & Volume (Thousand Units) Current and Future Projections, 2023-2036
22.13.4. South Korea, Market Value (USD Million) & Volume (Thousand Units) Current and Future Projections, 2023-2036
22.13.5. Malaysia, Market Value (USD Million) & Volume (Thousand Units) Current and Future Projections, 2023-2036
22.13.6. Taiwan, Market Value (USD Million) & Volume (Thousand Units) Current and Future Projections, 2023-2036
22.13.7. Vietnam, Market Value (USD Million) & Volume (Thousand Units) Current and Future Projections, 2023-2036
22.13.8. Vietnam, Market Value (USD Million) & Volume (Thousand Units) Current and Future Projections, 2023-2036
22.14. Cross Analysis of Type w.r.t. End User (USD Million), 2023-2036

23. Rest of the World Gas Meter Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036

23.1. Outline of the Segment
23.2. Detailed Overview
23.3. Leading companies in the region
23.4. Recent trends in the market
23.5. Technological trends
23.6. EXIM Analysis
23.7. Distributor outlook
23.8. Rest of the World Gas Meter Market Valuation, Business Viewpoint, and Forecast by Type, 2023-2036
23.9. Traditional Gas Meter, Market Value (USD Million), Current and Future Projections, 2023-2036
23.10. Sub-Segmented by Smart Gas Meter, Market Value (USD Million), Current and Future Projections, 2023-2036
23.10.1. Smart Ultrasonic Gas Meter Market Value (USD Million) Current and Future Projections, 2023-2036
23.10.2. Smart Diaphragm Gas Meter Market Value (USD Million) Current and Future Projections, 2023-2036
23.10.3. Turbine Gas Meters Market Value (USD Million) Current and Future Projections, 2023-2036
23.10.4. Orifice Gas Meters Market Value (USD Million) Current and Future Projections, 2023-2036
23.10.5. Others, Market Value (USD Million), Current and Future Projections, 2023-2036
23.11. Rest of the World Gas Meter Market Valuation, Business Viewpoint, and Forecast by Component, 2023-2036
23.11.1. Hardware, Market Value (USD Million), Current and Future Projections, 2023-2036
23.11.2. Software, Market Value (USD Million), Current and Future Projections, 2023-2036
23.12. Rest of the World Gas Meter Market Valuation, Business Viewpoint, and Forecast by End-User, 2023-2036
23.12.1. Residential, Market Value (USD Million), Current and Future Projections, 2023-2036
23.12.2. Commercial, Market Value (USD Million), Current and Future Projections, 2023-2036
23.12.3. Industrial, Market Value (USD Million), Current and Future Projections, 2023-2036
23.13. Cross Analysis of Type w.r.t. End User (USD Million), 2023-2036

24. Competitive Landscape

24.1. Market share of Key Competitors in the Market (%), 2023
24.2. Profile of the Major Vendors
24.2.1. ABB
24.2.1.1. Business Overview
24.2.1.2. Key Business Strategies for the Growth of Revenue
24.2.1.3. Financial Performance and Revenue Representation
24.2.1.4. Major Products Offered
24.2.1.5. Mergers and Acquisitions
24.2.1.6. Latest Trends
24.2.1.7. Regional and Worldwide Presence
24.2.2. Aclara Technologies LLC.
24.2.3. Badger Meter, Inc
24.2.4. Diehl Stiftung & Co. KG
24.2.5. Honeywell International Inc.
24.2.6. General Electric
24.2.7. Landis+Gyr
24.2.8. KROHNE Messtechnik GmbH
24.2.9. Itron, Inc.
24.2.10. Apator S.A
24.2.11. Aichi Tokei Denki Co., Ltd.
24.2.12. OSAKI ELECTRIC CO., LTD
24.2.13. Azbil Kimmon Co., Ltd.
24.2.14. TOYOKEIKI CO., LTD.
24.2.15. Other Prominent Players

Companies Mentioned

ABB Group
Aclara Technologies LLC.
Badger Meter Inc.
Diehl Stiftung & Co. KG
Honeywell International Inc.
General Electric
Landis+Gyr
KROHNE Messtechnik GmbH
Itron Inc.
Apator S.A.
Aichi Tokei Denki Co. Ltd.
OSAKI ELECTRIC CO. Ltd.
Azbil Kimmon Co. Ltd.
TOYOKEIKI CO. Ltd.

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