Italy smart gas meter market is expected to grow at a significant CAGR of 6.6% during the forecast period. Italy is anticipated to make a considerable contribution to the growth of the smart gas meter market among other European countries due to its early mover advantage in the installation of smart meters. The Government of Italy is further expected to fuel the growth of the market in the country. In Italy, the National Regulatory Authority for Electricity, Gas and Water has set a target that 60% of residential gas meters and 100% of industrial gas meters should be smart by 2018 and full coverage by 2020.
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The policy of the National Regulatory Authority for Electricity, Gas and Water is based on a cost-benefit analysis that concluded that there would be an economic benefit for gas Distribution System Operators (DSOs) with 50,000 customers or more to introduce smart meters for a total of 22 million customers. As a result, deployments started to take off in Italy during 2014. At the end of 2016, the top players including Italgas and 2i Rete Gas, each had more than 1 million smart meters deployed. Italgas, which invested $665 million in the rollout, upgraded 0.8 million metering points in the first half of 2017, taking the total installed base to 2 million units.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Italy Smart Gas Meter Market by Type
- Advanced Metering Infrastructure (AMI)
- Automatic Meter Reading (AMR)
Italy Smart Gas Meter Market by Application
- Residential
- Commercial
- Industrial
Company Profiles
- Diehl Stiftung & Co. KG
- Eaton Corp.
- Elster Group (Honeywell International Inc.)
- Itron Inc.
- Landis+Gyr AG
- Sensirion AG.
- Siemens AG
- SIT S.p.A
- SmartMeterQ Srl
The Report Covers
- Comprehensive research methodology of the Italy 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 Italy Smart Gas Meter market.
- Insights about market determinants which are stimulating the Italy 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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