The global market for Smart Gas Meters was valued at US$8.5 Billion in 2024 and is projected to reach US$12.6 Billion by 2030, growing at a CAGR of 6.7% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Smart Gas Meters market.
The technology behind smart gas meters includes features such as digital displays, remote shut-off capabilities, and integration with home energy management systems. These meters use a variety of communication technologies, including cellular networks, radio frequency (RF), and low-power wide-area networks (LPWAN), to transmit data. The integration of these technologies allows for seamless communication between the meter, the utility company, and the end-user. For consumers, this means better visibility into their gas usage patterns through online portals or mobile apps, enabling them to make more informed decisions about their energy consumption. For utility companies, the data collected from smart gas meters facilitates demand forecasting, efficient resource allocation, and proactive maintenance, ultimately leading to improved service reliability and reduced operational costs.
The growth in the smart gas meter market is driven by several factors. Technological advancements, such as improvements in communication protocols and sensor technologies, have made smart meters more reliable and cost-effective, encouraging widespread adoption. The increasing emphasis on energy efficiency and the reduction of greenhouse gas emissions has prompted governments and regulatory bodies to mandate the use of smart metering solutions, providing a significant boost to the market. Additionally, the rising awareness among consumers about the benefits of real-time monitoring and the desire for more control over their energy usage have further fueled demand. Utility companies are also motivated to adopt smart gas meters due to the operational efficiencies they offer, including reduced labor costs for meter readings and enhanced capabilities for detecting and responding to gas leaks. Furthermore, the global push towards smart cities, which rely on interconnected systems and data-driven decision-making, has created a favorable environment for the deployment of smart gas meters. These factors collectively contribute to the robust growth of the smart gas meter market, as stakeholders recognize the value of advanced metering infrastructure in achieving sustainability and operational excellence.
Segments: Technology (Automatic Meter Reading (AMR), Advanced Meter Infrastructure (AMI)); End-Use (Residential, Commercial, Industrial).
Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Italy; UK; Rest of Europe; Asia-Pacific; Rest of World.
The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
Global Smart Gas Meters Market - Key Trends & Drivers Summarized
Smart gas meters are advanced metering devices that provide real-time monitoring and reporting of gas consumption for residential, commercial, and industrial users. Unlike traditional gas meters, which require manual readings and periodic inspections, smart gas meters automatically transmit usage data to utility companies via wireless communication networks. This real-time data collection allows for more accurate billing, reducing the likelihood of estimated bills and billing errors. Additionally, these meters can detect and alert users and utility providers to gas leaks or other anomalies in gas flow, enhancing safety and efficiency. The implementation of smart gas meters is part of a broader trend towards smart grids, which integrate advanced metering infrastructure (AMI) to improve the management and distribution of utilities.The technology behind smart gas meters includes features such as digital displays, remote shut-off capabilities, and integration with home energy management systems. These meters use a variety of communication technologies, including cellular networks, radio frequency (RF), and low-power wide-area networks (LPWAN), to transmit data. The integration of these technologies allows for seamless communication between the meter, the utility company, and the end-user. For consumers, this means better visibility into their gas usage patterns through online portals or mobile apps, enabling them to make more informed decisions about their energy consumption. For utility companies, the data collected from smart gas meters facilitates demand forecasting, efficient resource allocation, and proactive maintenance, ultimately leading to improved service reliability and reduced operational costs.
The growth in the smart gas meter market is driven by several factors. Technological advancements, such as improvements in communication protocols and sensor technologies, have made smart meters more reliable and cost-effective, encouraging widespread adoption. The increasing emphasis on energy efficiency and the reduction of greenhouse gas emissions has prompted governments and regulatory bodies to mandate the use of smart metering solutions, providing a significant boost to the market. Additionally, the rising awareness among consumers about the benefits of real-time monitoring and the desire for more control over their energy usage have further fueled demand. Utility companies are also motivated to adopt smart gas meters due to the operational efficiencies they offer, including reduced labor costs for meter readings and enhanced capabilities for detecting and responding to gas leaks. Furthermore, the global push towards smart cities, which rely on interconnected systems and data-driven decision-making, has created a favorable environment for the deployment of smart gas meters. These factors collectively contribute to the robust growth of the smart gas meter market, as stakeholders recognize the value of advanced metering infrastructure in achieving sustainability and operational excellence.
Report Scope
The report analyzes the Smart Gas Meters market, presented in terms of units. The analysis covers the key segments and geographic regions outlined below.Segments: Technology (Automatic Meter Reading (AMR), Advanced Meter Infrastructure (AMI)); End-Use (Residential, Commercial, Industrial).
Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Italy; UK; Rest of Europe; Asia-Pacific; Rest of World.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Advanced Meter Infrastructure (AMI) segment, which is expected to reach US$4.0 Billion by 2030 with a CAGR of a 8.8%. The Automatic Meter Reading (AMR) segment is also set to grow at 5.8% CAGR over the analysis period.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Smart Gas Meters Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Smart Gas Meters Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Smart Gas Meters Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as ABB Ltd., Accenture PLC, Atos SE, Capgemini SE, CGI, Inc. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 75 companies featured in this Smart Gas Meters market report include:
- ABB Ltd.
- Accenture PLC
- Atos SE
- Capgemini SE
- CGI, Inc.
- Badger Meter, Inc.
- Arqiva Ltd.
- Aclara Technologies LLC
- Apator SA (Apator Group)
- Advanced Electronics Company
- AddGroup
- CAS Tecnologia
- Chongqing Shancheng Gas Equipment Co., Ltd.
- China Minsen Meter Co., Ltd.
- Aichi Tokei Denki Co., Ltd.
Tariff Impact Analysis: Key Insights for 2025
Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
What’s Included in This Edition:
- Tariff-adjusted market forecasts by region and segment
- Analysis of cost and supply chain implications by sourcing and trade exposure
- Strategic insights into geographic shifts
Buyers receive a free July 2025 update with:
- Finalized tariff impacts and new trade agreement effects
- Updated projections reflecting global sourcing and cost shifts
- Expanded country-specific coverage across the industry
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Accenture PLC
- Atos SE
- Capgemini SE
- CGI, Inc.
- Badger Meter, Inc.
- Arqiva Ltd.
- Aclara Technologies LLC
- Apator SA (Apator Group)
- Advanced Electronics Company
- AddGroup
- CAS Tecnologia
- Chongqing Shancheng Gas Equipment Co., Ltd.
- China Minsen Meter Co., Ltd.
- Aichi Tokei Denki Co., Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 360 |
Published | April 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 8.5 Billion |
Forecasted Market Value ( USD | $ 12.6 Billion |
Compound Annual Growth Rate | 6.7% |
Regions Covered | Global |