Smart gas meter is referred to as the advanced meter that can send readings digitally to the gas supplier for accurate billings. 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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Geographically, the global smart meters market is further classified into North America, Europe, Asia-Pacific and the Rest of the World. North America and Europe have considerabl market share in the global smart meters market. North America is the home of the largest companies in terms of revenue which include Landis+Gyr AG, Diehl Stiftung & Co. KG, Honeywell International Inc., Itron Inc., Suntront Tech Co., Ltd., Aclara Technologies LLC, and Apator SA among others. These companies are the key players contributing to the smart meters market and their presence is estimated to fuel the growth of the market. The government-driven initiatives to offer smart solutions in utility supply are further fueling the market growth in the region. In Europe, regional directives and national regulations are the key factors to drive the growth of the smart meters market.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Smart Gas Meter Market Segmentation
By Equipment Type
- Advanced Metering Infrastructure (AMI)
- Automated meter Reading (AMR)
By Application
- Residential
- Industrial
- Commercial
Global Smart Gas Meter Market Segment by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East and Africa
The Report covers:
- Comprehensive research methodology of the global smart gas meter market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global smart gas meter market.
- Insights about market determinants which are stimulating the global smart gas meter market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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