Smart gas meter is referred to as the advanced meter that can send readings digitally to the gas supplier for accurate billings. The conventional maters for gas are being replaced with new digital smart meters in every industry. Global smart meter market is influenced by government initiative for smart solutions in gas supply. In addition, increasing demand for the smart gas meter in place of conventional meters further supports the growth of the market. Moreover, providing theft and safeguard utility coupled with accurate billing and enhanced customer service is propelling the growth of the market. However, concerns related to the cybersecurity and health issues are the factors that are hindering the global smart gas meter market growth.
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The global smart gas meter market is segmented on the basis of type and application. Based on the type, the global smart gas meter market is further segregated into advanced metering infrastructure (AMI), automated meter reading (AMR). The AMR segment is projected to have a significant market share due to its wide application coupled with cost-effectiveness. The AMI segment is estimated to have significant market growth owing to the rising demand for AMI smart gas meter coupled with advanced technological specifications. On the basis of application, the global smart gas meter market is segmented into residential, industrial and commercial. The residential segment is estimated to have significant growth in the global smart gas meter market due to the rising installation of the smart gas meter for household applications.
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Global Smart Gas Meter Market Segmentation
By Type
Advanced Metering Infrastructure (AMI)
Automated meter Reading (AMR)
By Application
Residential
Industrial
Commercial
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles
Aclara Technologies LLC
Apator SA.
Badger Meter, Inc.
Diehl Stiftung & Co. KG
Eaton Corp.
EDMI Ltd.
Flonidan A/S
Holley Technology UK Ltd.
Elster Group (Honeywell International Inc.)
Itron Inc.
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