Smart Gas Market Report 2026

The smart gas market size has grown rapidly in recent years. It will grow from $31.95 billion in 2025 to $37.03 billion in 2026 at a compound annual growth rate (CAGR) of 15.9%. The growth in the historic period can be attributed to expansion of urban gas distribution networks, early adoption of amr and ami technologies, rising demand for gas network efficiency, growth in industrial gas consumption, modernization of legacy gas infrastructure.

The smart gas market size is expected to see rapid growth in the next few years. It will grow to $68.37 billion in 2030 at a compound annual growth rate (CAGR) of 16.6%. The growth in the forecast period can be attributed to increasing hydrogen blending initiatives, rising investments in smart grid-gas integration, expansion of data-driven gas network management, growing demand for decarbonized gas solutions, advancement in predictive maintenance technologies. Major trends in the forecast period include expansion of smart gas meter deployments, growing integration of renewable gases and hydrogen, rising adoption of advanced gas network monitoring, increased focus on leak detection and safety systems, enhanced digitalization of gas distribution networks.

The rising usage of natural gas is expected to drive the growth of the smart gas market going forward. Natural gas is a hydrocarbon-rich fuel used across residential and commercial sectors for heating buildings and water, operating refrigeration and cooling systems, cooking, drying clothes, and providing outdoor lighting. Smart gas technologies enhance natural gas infrastructure by enabling data collection and analytics, which support better decision-making, harmful gas detection, oxygen level monitoring, fire hazard prevention, pipe corrosion protection, and overall risk management, thereby improving the efficiency and safety of the gas distribution network. For instance, in June 2025, according to the U.S. Energy Information Administration (EIA), a US-based government organization, U.S. dry natural gas production reached nearly 38 trillion cubic feet in 2023, maintaining levels similar to the previous year. Therefore, the increased usage of natural gas is propelling the smart gas market.

Major companies operating in the smart gas market are focusing on developing innovative solutions such as IoT-enabled advanced metering infrastructure (AMI) to improve operational efficiency and revenue assurance for gas utilities. IoT-enabled AMI leverages connected smart meters and robust communication networks to enable real-time data collection, remote monitoring, and automated billing, while helping utilities detect losses and manage gas distribution more effectively. For instance, in December 2025, Vodafone Idea Limited, an India-based telecom company, launched Smart Gas Metering solutions for City Gas Distribution (CGD) companies using NB-IoT communication technology. The solution expands Vi Business’s AMI portfolio and applies its expertise from smart energy metering to the natural gas sector. It supports precise digital billing, rapid issue detection, reduction of lost and unaccounted gas caused by leakage, theft, or manual errors, improves operational efficiency and service outcomes, and aids the modernization of utility infrastructure amid rising gas demand across India.

In September 2025, Netmore Holding AB, a Sweden-based technology company, acquired Arson Metering for an undisclosed amount. Through this acquisition, Netmore aimed to strengthen its technological capabilities and broaden its solutions portfolio for water and gas utility operators. ArsonData Metering S.L., a Spain-based company, specializes in providing smart metering solutions for monitoring and managing water and gas consumption.

Major companies operating in the smart gas market are Itron Inc, Schneider Electric SE, ABB Group, Landis+Gyr Inc, Elster Group SE, Aclara Technologies LLC, Diehl Stiftung and Co.KG, Silver Spring Networks Inc, Sensus USA Inc, Badger Meter Inc, Holley Technology Ltd., KROHNE Messtechnik GmbH, Siemens AG, Yokogawa Electric Corporation, Azbil Corporation, General Electric Company, Capgemini SE, Oracle Corporation, OSIsoft LLC, Verizon Communications Inc.

North America was the largest region in the smart gas market in 2025.Asia-Pacific is expected to be the fastest-growing region in the global smart gas market report during the forecast period. The regions covered in the smart gas market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the smart gas market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The smart gas market consists of sales of cylinders, LPG retailing, wholesaling, oil gas procurement, and gas sensors. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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