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Smart Gas Market: Segmentation Analysis
This market research report segments the smart gas market by Device (Automatic meter reading (AMR) and advanced meter infrastructure (AMI)) and Geography (North America, Europe, APAC, Middle East and Africa, and South America).
The smart gas market share growth in the automatic meter reading (AMR) segment is significant for revenue generation. Some AMR devices can log meter events and gather interval data. After then, the logged data can be used to collect or control time-of-use or rate-of-use statistics, which can be utilized for various purposes. They include consumption profiling time-of-use billing demand forecasting, remote shutoff, and others. As a result of these advantages, gas utilities have begun to use AMR systems for gas management. Thus, the advantages of AMR over conventional gas meters are driving the growth of the AMR sector, which is expected to positively impact the growth of the market during the forecast period.
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Smart Gas Market: Drivers
Government regulations and initiatives to drive growth
Government regulations and initiatives are one of the key drivers supporting the smart gas market growth. Gas installations aid in the reduction of gas waste in a variety of end-user segments. As a result, governments encourage and regulate the adoption of energy-saving systems. Over the last decade, the EU has been encouraging end-users to adopt energy-saving processes. Section 17 of the Gas Act of 1986 and accompanying laws in the form of Statutory Instruments govern the usage of gas meters in European countries. Governments of other major countries, particularly those in developing economies, are also anticipating stepping in and passing legislation promoting energy efficiency by end of 2026. As a result of the implementation of regulatory regulations requiring the use of smart gas, the market is expected to grow significantly during the projected period.
Smart Gas Market: Trends
The development of smart cities is a major trend
The development of smart cities is one of the key smart gas market trends that is contributing to market growth. For instance, the European Innovation Partnership on Smart Cities and Communities, which is backed by the European Commission, is an important market-changing initiative that brings together cities, small and medium-sized businesses, investors, industries, researchers, and other smart city actors. This cooperation intends to bring together partners and create a European smart city market, making European cities the most liveable across the world while implementing the EU's Urban Agenda. Therefore, initiatives implemented by governments across the world to promote the development of smart cities are likely to increase the demand for smart gas meters, which, in turn, will drive the growth of the global smart gas market during the forecast period.
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Smart Gas Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 15.22% |
Market growth 2022-2026 |
USD 19.25 billion |
Market structure |
Fragmented |
YoY growth (%) |
14.46 |
Performing market contribution |
Europe at 32% |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
AEM SA, AICHI TOKEI DENKI CO.LTD., Apator SA, Badger Meter Inc., CGI Inc., Chongqing Shancheng Gas Equipment Co. Ltd., CyanConnode Holdings plc, Diehl Stiftung and Co.KG, DTE Energy, EDMI Ltd., Flonidan AS, Holley Technology Ltd., Honeywell International Inc., Hubbell Inc., KROHNE Messtechnik GmbH, Landis Gyr AG, Neptune Technology Group Inc., Osaki Electric Co. Ltd., Pietro Fiorentini Spa, PowerCom Ltd., RMG Messtechnik GmbH, Sagemcom, Wasion Holdings Ltd., Xylem Inc., Yazaki Corp., and ZENNER INTERNATIONAL GMBH and CO.KG |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Content
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Device
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Device
- 5.1 Market segments
- Exhibit 24: Chart on Device - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Device - Market share 2021-2026 (%)
- 5.2 Comparison by Device
- Exhibit 26: Chart on Comparison by Device
- Exhibit 27: Data Table on Comparison by Device
- 5.3 Automatic meter reading (AMR) - Market size and forecast 2021-2026
- Exhibit 28: Chart on Automatic meter reading (AMR) - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Automatic meter reading (AMR) - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Automatic meter reading (AMR) - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Automatic meter reading (AMR) - Year-over-year growth 2021-2026 (%)
- 5.4 Advanced meter infrastructure (AMI) - Market size and forecast 2021-2026
- Exhibit 32: Chart on Advanced meter infrastructure (AMI) - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Advanced meter infrastructure (AMI) - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Advanced meter infrastructure (AMI) - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Advanced meter infrastructure (AMI) - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Device
- Exhibit 36: Market opportunity by Device ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 Germany - Market size and forecast 2021-2026
- Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.10 UK - Market size and forecast 2021-2026
- Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.11 Japan - Market size and forecast 2021-2026
- Exhibit 74: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.12 China - Market size and forecast 2021-2026
- Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 Badger Meter Inc.
- Exhibit 89: Badger Meter Inc. - Overview
- Exhibit 90: Badger Meter Inc. - Product / Service
- Exhibit 91: Badger Meter Inc. - Key news
- Exhibit 92: Badger Meter Inc. - Key offerings
- 10.4 CGI Inc.
- Exhibit 93: CGI Inc. - Overview
- Exhibit 94: CGI Inc. - Business segments
- Exhibit 95: CGI Inc. - Key news
- Exhibit 96: CGI Inc. - Key offerings
- Exhibit 97: CGI Inc. - Segment focus
- 10.5 Chongqing Shancheng Gas Equipment Co. Ltd.
- Exhibit 98: Chongqing Shancheng Gas Equipment Co. Ltd. - Overview
- Exhibit 99: Chongqing Shancheng Gas Equipment Co. Ltd. - Product / Service
- Exhibit 100: Chongqing Shancheng Gas Equipment Co. Ltd. - Key offerings
- 10.6 CyanConnode Holdings plc
- Exhibit 101: CyanConnode Holdings plc - Overview
- Exhibit 102: CyanConnode Holdings plc - Product / Service
- Exhibit 103: CyanConnode Holdings plc - Key news
- Exhibit 104: CyanConnode Holdings plc - Key offerings
- 10.7 DTE Energy
- Exhibit 105: DTE Energy - Overview
- Exhibit 106: DTE Energy - Business segments
- Exhibit 107: DTE Energy - Key news
- Exhibit 108: DTE Energy - Key offerings
- Exhibit 109: DTE Energy - Segment focus
- 10.8 EDMI Ltd.
- Exhibit 110: EDMI Ltd. - Overview
- Exhibit 111: EDMI Ltd. - Product / Service
- Exhibit 112: EDMI Ltd. - Key offerings
- 10.9 Holley Technology Ltd.
- Exhibit 113: Holley Technology Ltd. - Overview
- Exhibit 114: Holley Technology Ltd. - Product / Service
- Exhibit 115: Holley Technology Ltd. - Key news
- Exhibit 116: Holley Technology Ltd. - Key offerings
- 10.10 Honeywell International Inc.
- Exhibit 117: Honeywell International Inc. - Overview
- Exhibit 118: Honeywell International Inc. - Business segments
- Exhibit 119: Honeywell International Inc. - Key news
- Exhibit 120: Honeywell International Inc. - Key offerings
- Exhibit 121: Honeywell International Inc. - Segment focus
- 10.11 Hubbell Inc.
- Exhibit 122: Hubbell Inc. - Overview
- Exhibit 123: Hubbell Inc. - Business segments
- Exhibit 124: Hubbell Inc. - Key offerings
- Exhibit 125: Hubbell Inc. - Segment focus
- 10.12 Wasion Holdings Ltd.
- Exhibit 126: Wasion Holdings Ltd. - Overview
- Exhibit 127: Wasion Holdings Ltd. - Business segments
- Exhibit 128: Wasion Holdings Ltd. - Key offerings
- Exhibit 129: Wasion Holdings Ltd. - Segment focus
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 130: Inclusions checklist
- Exhibit 131: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 132: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 133: Research methodology
- Exhibit 134: Validation techniques employed for market sizing
- Exhibit 135: Information sources
- 11.5 List of abbreviations
- Exhibit 136: List of abbreviations
About Technavio
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