スマートガスメーター市場 – 2030年までの世界予測

Smart Gas Meter Market - Global Forecast To 2030

スマートガスメーター市場 - テクノロジー(AMRおよびAMI)、タイプ(スマート超音波ガスメーターおよびスマートダイヤフラムガスメーター)、コンポーネント(ハードウェアおよびソフトウェア)、エンドユーザー(住宅、商業、産業)、および地域別 - 2030年までの世界予測
Smart Gas Meter Market by Technology (AMR and AMI), Type (Smart Ultrasonic Gas Meter and Smart Diaphragm Gas Meter), Component (Hardware and Software), End User (Residential, Commercial, and Industrial), and Region - Global Forecast to 2030

商品番号 : SMB-81044

出版社MarketsandMarkets
出版年月2025年7月
ページ数207
図表数277
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本レポートは、スマートガスメーター市場を、タイプ別(スマート超音波ガスメーター、スマートダイヤフラムガスメーター)、技術別(自動検針(AMR)、高度検針インフラ(AMI))、コンポーネント別(ハードウェア、ソフトウェア)、エンドユーザー別(住宅、商業、工業)、地域別(北米、欧州、アジア太平洋、中東およびアフリカ、南米)に定義、説明、予測しています。レポートでは、スマートガスメーター市場の成長に影響を与える推進要因、制約要因、課題、機会など、主要な要因に関する詳細な情報を網羅しています。主要業界プレーヤーの詳細な分析により、事業概要、ソリューション、サービス、主要戦略、契約、パートナーシップ、合意、合併、買収、そしてスマートガスメーター市場に関連する最近の動向に関する洞察が提供されています。

The global smart gas meter market is projected to reach USD 4.04 billion by 2030, up from USD 2.49 billion in 2024, registering a CAGR of 8.5% over the forecast period.

世界のスマートガスメーター市場は、2024年の24億9,000万米ドルから2030年には40億4,000万米ドルに達し、予測期間中に8.5%のCAGRを記録すると予測されています。

Smart gas meters are becoming vital to modern energy networks, using digital technology to connect utilities and households in real time. This two-way communication makes tracking and understanding gas usage easier, helping companies and consumers manage energy more efficiently and even participate in new energy solutions like home-based storage and generation. As more smart devices join the network through the Internet of Things (IoT), the need for strong, secure, and fast communication systems grows—ensuring everything runs smoothly and safely, even as the number of connected devices skyrockets. Supportive government policies and regulations across the world are pushing for the use of smart grid technologies, including smart gas meters. These initiatives aim to promote energy conservation and improve grid reliability. Recently, the US Department of Energy announced USD 2 million in funding for advanced metering and automation projects that aim to modernize energy infrastructure and have highlighted significant investments in this area. These factors, along with rising demand in industry, commerce, and homes, are driving the use of smart gas meters as essential tools for updating gas networks and creating smarter, more resilient energy systems.

スマートガスメーターは、デジタル技術を用いて公共事業体と家庭をリアルタイムで接続することで、現代のエネルギーネットワークに不可欠な存在になりつつあります。この双方向通信により、ガス使用量の追跡と把握が容易になり、企業と消費者はエネルギーをより効率的に管理できるようになり、さらには家庭用蓄電・発電といった新しいエネルギーソリューションにも活用できるようになります。モノのインターネット(IoT)を通じてネットワークに接続するスマートデバイスが増えるにつれ、接続デバイスの数が急増しても、すべてがスムーズかつ安全に動作することを保証する、強力で安全かつ高速な通信システムの必要性が高まっています。世界各国の政府の政策や規制は、スマートガスメーターを含むスマートグリッド技術の活用を推進しています。これらの取り組みは、省エネの促進とグリッドの信頼性向上を目指しています。最近、米国エネルギー省は、エネルギーインフラの近代化を目指す高度な計測・自動化プロジェクトに200万ドルの資金提供を発表し、この分野への多額の投資を強調しました。これらの要因と、産業、商業、家庭における需要の高まりが相まって、ガスネットワークの更新と、よりスマートで回復力の高いエネルギーシステムの構築に不可欠なツールとして、スマートガスメーターの活用が進んでいます。

スマートガスメーター市場 - 2030年までの世界予測
smart-gas-meter-market-new

By technology, the automated meter reading (AMR) segment is expected to hold a larger share of the smart gas meter market during the forecast period.

Automated meter reading (AMR) is expected to be the standout feature in the smart gas meter market in the coming years. This growth is fueled by the rising demand for affordable smart gas meters, which can automatically collect readings and eliminate the need for manual checks. The Asia Pacific region is likely to command the maximum share of the market, followed closely by Europe. The growth is mainly due to the extensive rollout of smart gas meters in these geographies’ residential, commercial, and industrial areas. This resonates with your interest in smart energy technology and grid modernization as a way to improve efficiency and save costs.

By component, the hardware segment is expected to be the largest segment during the forecast period.”

The hardware segment is the largest in the global smart gas meter market, accounting for more than 50% of total revenue in 2024 and continuing to dominate through the forecast period. This leadership is driven by the rising demand for advanced metering infrastructure that delivers precise measurement and real-time data capabilities. Hardware devices, such as smart meters, sensors, and communication devices, are the foundation of smart gas metering solutions, which facilitate precise consumption measurement and automatic data collection. Constant innovation in hardware technology has enhanced performance and longevity, aligning with smart gas meters becoming increasingly appealing to utility companies and end-users and driving the market’s healthy growth.

By region, Asia Pacific is anticipated to be the fastest-growing market for smart gas meters during the forecast period.

The smart gas meter market with the quickest rate of growth is Asia Pacific, with Europe coming in second. China, Japan, Malaysia, Australia, Indonesia, Singapore, and the Rest of Asia Pacific are the countries that make up this region. The region’s biggest and fastest-growing market is China. Currently, China is at the forefront of new investments in smart grid technologies. Due to the significant changes occurring in the nation’s energy sector, China has emerged as the primary user of smart grid technology. Smart grid technologies will become increasingly necessary as a result of the nation’s ambitious renewable energy program. China’s emphasis on adopting energy efficiency is another factor supporting the need for the smart grid industry, which in turn is driving up demand for smart gas meters.

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and assess future market prospects. The distribution of primary interviews is as follows:

  • By Company Type: Tier 1- 57%, Tier 2- 29%, and Tier 3- 14%
  • By Designation: C-Level- 35%, Managers- 20%, and Others- 45%
  • By Region: North Americas- 20%, Europe- 15%, Asia Pacific- 30%, and the Middle East & Africa- 25%  and South America- 10%

Note: The tiers of the companies are defined based on their total revenues as of 2023. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million

Apator S.A. (Poland), Diehl Stiftung & Co. KG (Germany), Honeywell International Inc. (United States), Itron Inc. (US), Landis+Gyr (Switzerland), Sensus (Xylem) (US), EDMI Limited (Singapore), Chongqing Shancheng Gas Equipment Co., Ltd. (China), Dongfa (Group) (China), Raychem RPG (India), CHINT Group (China), ZENNER International GmbH & Co. KG (Germany), Master Meter (US), Aclara Technologies (US) are some of the key players in the smart gas meter market. The study includes an in-depth competitive analysis of these key players in the smart gas meter market, with their company profiles, recent developments, and key market strategies.

Research Coverage:

The report defines, describes, and forecasts the smart gas meter market by type (Smart Ultrasonic Gas Meter, Smart Diaphragm Gas Meter), technology (Automatic Meter Reading (AMR), Advanced Metering Infrastructure (AMI)), component (Hardware, Software), end user (Residential, Commercial, Industrial), and by region (North America, Europe, Asia Pacific, Middle East & Africa, and South America). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the smart gas meter market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements, mergers and acquisitions; and recent developments associated with the smart gas meter market.

Key Benefits of Buying the Report

  • Analysis of key drivers (Modernizing Gas Networks technologies and asset management of advanced metering infrastructure (AMI)), restraints (Concerns pertaining to data privacy & security and consumer health, high upfront cost), opportunities (Growing emphasis on smart grid initiatives and modernization of gas networks, Integration of artificial intelligence (AI) into smart gas meter operations) and challenges (Delayed realization of return on investment (ROI) due to complexity in integration of devices) influences the growth of the smart gas meter market.
  • Product Development/ Innovation: New technology is redefining the market for smart gas meters and will eventually be designed to use superior digital tools enabled by automation, reliability, and economic viability. AI predictive maintenance systems and big data analytics, for example, will monitor large streams of sensor data to attempt to predict failures, which will allow condition-based interventions to avert costly downtime and preserve the life of the meter.
  • Market Development: In April 2025, Landis+Gyr and Centrica Smart Meter Assets (a subsidiary of Centrica plc, which includes British Gas) signed a new three-year agreement to supply smart electricity and gas meters. This extends a collaboration that has spanned more than a decade. The partnership aims to further advance the UK’s smart energy transition, ensuring households and businesses benefit from improved energy management.
  • Market Diversification: In September 2024, Honeywell announced the completion of its acquisition of Air Products’ liquefied natural gas (LNG) process technology and equipment business for USD 1.81. This further expands the comprehensive suite of top-tier solutions Honeywell offers its customers to manage their energy transformation journey.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Apator S.A. (Poland), Diehl Stiftung & Co. KG (Germany), Honeywell International Inc. (United States), Itron Inc. (United States), Landis+Gyr (Switzerland), Sensus (Xylem) (United States), EDMI Limited (Singapore), Chongqing Shancheng Gas Equipment Co., Ltd. (China), Dongfa (Group) (China), Raychem RPG (India), CHINT Group (China), ZENNER International GmbH & Co. KG (Germany), Master Meter (United States), Aclara Technologies (United States) among others in the smart gas meter market.

Table of Contents

1               INTRODUCTION              22

1.1           STUDY OBJECTIVES       22

1.2           DEFINITION      22

1.2.1        BY TECHNOLOGY: INCLUSIONS & EXCLUSIONS                 23

1.2.2        BY COMPONENT: INCLUSIONS & EXCLUSIONS  23

1.2.3        BY END USER: INCLUSIONS & EXCLUSIONS         23

1.3           MARKET SCOPE                24

1.3.1        MARKET SEGMENTATION           24

1.4           YEARS CONSIDERED      25

1.5           CURRENCY CONSIDERED            25

1.6           LIMITATIONS    25

1.7           STAKEHOLDERS               26

1.8           SUMMARY OF CHANGES               26

2               RESEARCH METHODOLOGY       28

2.1           RESEARCH DATA              28

2.2           MARKET BREAKDOWN AND DATA TRIANGULATION                 29

2.2.1        SECONDARY DATA          30

2.2.1.1    Key data from secondary sources       30

2.2.2        PRIMARY DATA 31

2.2.2.1    Key data from primary sources           31

2.2.2.2    Breakdown of primaries      32

2.3           DEMAND SIDE METRICS               32

2.4           MARKET SIZE ESTIMATION         33

2.4.1        DEMAND SIDE ANALYSIS: BOTTOM-UP APPROACH                 33

2.4.1.1    Calculation for demand side               33

2.4.1.2    Assumptions for demand side             34

2.4.2        SUPPLY SIDE ANALYSIS 34

2.4.2.1    Calculations for supply side                35

2.4.2.2    Assumptions for supply side               35

2.4.3        FORECAST          36

3               EXECUTIVE SUMMARY  37

4               PREMIUM INSIGHTS       41

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SMART GAS METER MARKET      41

4.2           SMART GAS METER MARKET, BY REGION             42

4.3           ASIA PACIFIC SMART GAS METER MARKET, BY END USER AND COUNTRY     42

4.4           SMART GAS METER MARKET, BY TECHNOLOGY                 43

4.5           SMART GAS METER MARKET, BY COMPONENT 43

4.6           SMART GAS METER MARKET, BY TYPE  43

4.7           SMART GAS METER MARKET, BY END USER        44

5               MARKET OVERVIEW       45

5.1           INTRODUCTION              45

5.2           MARKET DYNAMICS       45

5.2.1        DRIVERS               46

5.2.1.1    Digitalization of distribution grids and optimization of network operations              46

5.2.1.2    Benefits of deploying AMI  46

5.2.1.3    Increasing investments in smart grid technologies to measure

and analyze data   46

5.2.2        RESTRAINTS      47

5.2.2.1    Concerns pertaining to data privacy & security and consumer health     47

5.2.2.2    High upfront cost for smart gas infrastructure                 48

5.2.3        OPPORTUNITIES              48

5.2.3.1    Emphasis on smart grid initiatives and modernization of gas networks 48

5.2.3.2    Integration of AI into smart gas meter operations           49

5.2.4        CHALLENGES    49

5.2.4.1    Complications associated with integration of devices     49

5.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            50

5.4           ECOSYSTEM ANALYSIS  51

5.5           PRICING ANALYSIS          51

5.6           TRADE ANALYSIS             52

5.6.1        HS CODE 902810                52

5.6.1.1    Export scenario     52

5.6.1.2    Import scenario     53

5.7           VALUE CHAIN ANALYSIS               55

5.7.1        HARDWARE & SOFTWARE PROVIDERS/SUPPLIERS                 56

5.7.2        CHIPSET & COMMUNICATION MODULE               57

5.7.3        MANUFACTURERS/ASSEMBLERS              57

5.7.4        DISTRIBUTORS AND BUYERS     57

5.7.5        END USERS AND POST-SALES SERVICES                57

5.8           TECHNOLOGY ANALYSIS             57

5.8.1        KEY TECHNOLOGIES     57

5.8.1.1    IoT and AI             57

5.9           TARIFF AND REGULATORY LANDSCAPE               58

5.9.1        TARIFF ANALYSIS             58

5.10         PATENT ANALYSIS          60

5.10.1      LIST OF PATENTS APPLIED AND GRANTED, 2022–2024                 60

5.11         CASE STUDY ANALYSIS 62

5.11.1      E.ON BAYERN LAUNCHES SMART METER PILOT TO OPTIMIZE POWER AND GAS MONITORING          62

5.12         PORTER’S FIVE FORCES ANALYSIS            62

5.12.1      THREAT OF NEW ENTRANTS      63

5.12.2      THREAT OF SUBSTITUTES          63

5.12.3      BARGAINING POWER OF SUPPLIERS       63

5.12.4      BARGAINING POWER OF BUYERS             63

5.12.5      INTENSITY OF COMPETITIVE RIVALRY 64

5.13         IMPACT OF AI/GEN AI ON SMART GAS METER MARKET                 64

5.13.1      ADOPTION OF GENERATIVE AI/AI APPLICATIONS IN SMART GAS METERS      64

5.13.2      IMPACT OF GENERATIVE AI/AI APPLICATIONS, BY REGION                65

5.13.3      IMPACT OF AI IN MARKET, BY REGION  65

5.14         GLOBAL MACROECONOMIC OUTLOOK                66

5.14.1      INTRODUCTION              66

5.14.2      GDP TRENDS AND FORECAST   66

5.14.3      INFLATION         66

5.14.4      MANUFACTURING VALUE ADDED (% OF GDP) 67

5.15         IMPACT OF 2025 US TARIFF – OVERVIEW              68

5.15.1      INTRODUCTION              68

5.15.2      KEY TARIFF RATES          69

5.16         PRICE IMPACT ANALYSIS             70

5.16.1      IMPACT ON COUNTRY/REGION                71

5.16.1.1  North America      71

5.16.1.2  Europe   71

5.16.1.3  Asia Pacific            71

5.16.1.4  RoW        72

5.16.2      IMPACT ON COMPONENTS         72

6               SMART GAS METER MARKET, BY TECHNOLOGY                 73

6.1           INTRODUCTION              74

6.2           ADVANCED METERING INFRASTRUCTURE (AMI)                 75

6.2.1        GROWING NEED FOR ACCURATE METER READING AND INCREASING SPENDING ON SMART GRID PROJECTS TO BOOST DEMAND             75

6.3           AUTOMATED METER READING (AMR)  76

6.3.1        INCREASING DEMAND FOR COST-EFFECTIVE SMART GAS METERS  TO FUEL MARKET GROWTH         76

7               SMART GAS METER MARKET, BY TYPE  78

7.1           INTRODUCTION              79

7.2           SMART ULTRASONIC GAS METER             80

7.2.1        RISING NEED FOR COMPACT-SIZED AND DURABLE SMART GAS METERS TO BOOST DEMAND           80

7.3           SMART DIAPHRAGM GAS METER              81

7.3.1        INCREASING NUMBER OF RESIDENTIAL & LIGHT COMMERCIAL BUILDINGS TO FUEL MARKET GROWTH 81

8               SMART GAS METER MARKET, BY COMPONENT 82

8.1           INTRODUCTION              83

8.1.1        INCREASING DEMAND FOR PRECISE SMART GAS METER OPERATIONS TO SUPPORT MARKET GROWTH 84

8.2           SOFTWARE         85

8.2.1        ADVANCING UTILITY OPERATIONS AND GROWING NEED FOR SMART GAS METER OPERATIONAL MANAGEMENT TO SUPPORT MARKET GROWTH              85

9               SMART GAS METER MARKET, BY END USER        86

9.1           INTRODUCTION              87

9.2           RESIDENTIAL    88

9.2.1        INCREASING FOCUS ON ENERGY EFFICIENCY TO FOSTER MARKET GROWTH         88

9.3           COMMERCIAL   89

9.3.1        INCREASING DIGITALIZATION AND URBANIZATION TO SPUR MARKET GROWTH               89

9.4           INDUSTRIAL      90

9.4.1        INCREASING DEMAND FOR ENERGY-EFFICIENT OPERATIONS IN SEVERAL INDUSTRIES TO FOSTER MARKET GROWTH             90

10            SMART GAS METER MARKET, BY REGION             91

10.1         INTRODUCTION              92

10.2         NORTH AMERICA             93

10.2.1      US           97

10.2.1.1  Investments in development of smart metering infrastructure to drive market          97

10.2.2      CANADA               98

10.2.2.1  Robust expansion fueled by supportive government initiatives to spur market growth              98

10.2.3      MEXICO                99

10.2.3.1  Government-led infrastructure modernization initiatives to offer lucrative growth opportunities            99

10.3         EUROPE               101

10.3.1      GERMANY           105

10.3.1.1  Digitalization of energy infrastructure to fuel market growth                 105

10.3.2      FRANCE                106

10.3.2.1  Need to modernize aging infrastructure to spur market growth                 106

10.3.3      UK          108

10.3.3.1  IoT and communication technologies advancements to offer lucrative growth opportunities            108

10.3.4      SPAIN    109

10.3.4.1  Initiatives to modernize energy infrastructure to support

market growth       109

10.3.5      ITALY    110

10.3.5.1  Renewable hydrogen initiatives to offer lucrative growth opportunities         110

10.3.6      POLAND               111

10.3.6.1  Rising consumer awareness about energy efficiency to spur

market growth       111

10.3.7      REST OF EUROPE             112

10.4         ASIA PACIFIC     114

10.4.1      CHINA  117

10.4.1.1  High investments in IoT to drive market growth             117

10.4.2      AUSTRALIA         118

10.4.2.1  Rising emphasis on achieving net-zero emissions target to

spur market growth              118

10.4.3      JAPAN   120

10.4.3.1  Shifting focus toward renewable energy and electric vehicles to

foster market growth            120

10.4.4      INDIA    121

10.4.4.1  Focus on enhancing renewable energy capacity to boost demand                 121

10.4.5      SOUTH KOREA  122

10.4.5.1  Rising emphasis on achieving carbon neutrality in power generation to fuel market growth       122

10.4.6      REST OF ASIA PACIFIC   124

10.5         MIDDLE EAST & AFRICA                125

10.5.1      GCC       129

10.5.1.1  Saudi Arabia          129

10.5.1.1.1                Increasing focus on grid modernization to spur

market growth       129

10.5.1.2  UAE        130

10.5.1.2.1                Smart Dubai initiatives to offer lucrative growth opportunities         130

10.5.2      ISRAEL  132

10.5.2.1  Favorable government subsidies to boost demand          132

10.5.3      SOUTH AFRICA 133

10.5.3.1  Rapid advances in smart utility infrastructure to accelerate demand  133

10.5.4      TURKEY                134

10.5.4.1  Developing power metering infrastructure to fuel market growth                 134

10.5.5      REST OF MIDDLE EAST & AFRICA             135

11            COMPETITIVE LANDSCAPE         138

11.1         OVERVIEW          138

11.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2016–2025                 138

11.3         MARKET SHARE ANALYSIS, 2024                 140

11.4         MARKET EVALUATION FRAMEWORK     141

11.5         REVENUE ANALYSIS, 2020–2024  143

11.6         COMPANY VALUATION AND FINANCIAL METRICS                 144

11.7         BRAND/PRODUCT COMPARISON             145

11.8         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 146

11.8.1      STARS   146

11.8.2      EMERGING LEADERS     146

11.8.3      PERVASIVE PLAYERS      146

11.8.4      PARTICIPANTS 146

11.8.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         148

11.8.5.1  Company footprint               148

11.8.5.2  Region footprint   149

11.8.5.3  Technology footprint           150

11.8.5.4  Type footprint       151

11.8.5.5  End user footprint                 152

11.9         COMPETITIVE EVALUATION MATRIX: STARTUPS/SMES, 2024        153

11.9.1      PROGRESSIVE COMPANIES         153

11.9.2      RESPONSIVE COMPANIES            153

11.9.3      STARTING BLOCKS         153

11.9.4      DYNAMIC COMPANIES  153

11.10       COMPETITIVE SCENARIO             155

12            COMPANY PROFILES      158

12.1         MAJOR PLAYERS               158

12.1.1      APATOR S.A.      158

12.1.1.1  Business overview 158

12.1.1.2  Products/Solutions/Services offered 159

12.1.1.3  Recent developments           160

12.1.1.3.1                Deals      160

12.1.1.3.2                Other developments             161

12.1.1.4  MnM view              161

12.1.1.4.1                Key strengths/Right to win 161

12.1.1.4.2                Strategic choices   161

12.1.1.4.3                Weaknesses/Competitive threats       161

12.1.2      DIEHL STIFTUNG & CO. KG         162

12.1.2.1  Business overview 162

12.1.2.2  Products/Solutions/Services offered 163

12.1.2.3  Recent developments           164

12.1.2.3.1                Deals      164

12.1.2.4  MnM view              164

12.1.2.4.1                Key strengths/Right to win 164

12.1.2.4.2                Strategic choices   164

12.1.2.4.3                Weaknesses/Competitive threats       164

12.1.3      HONEYWELL INTERNATIONAL INC.        165

12.1.3.1  Business overview 165

12.1.3.2  Products/Solutions/Services offered 166

12.1.3.3  Recent developments           167

12.1.3.3.1                Product launches  167

12.1.3.3.2                Deals      167

12.1.3.3.3                Other developments             168

12.1.3.4  MnM view              168

12.1.3.4.1                Key strengths/Right to win 168

12.1.3.4.2                Strategic choices   168

12.1.3.4.3                Weaknesses/Competitive threats       168

12.1.4      ITRON INC.         169

12.1.4.1  Business overview 169

12.1.4.2  Products/Solutions/Services offered 170

12.1.4.3  Recent developments           171

12.1.4.3.1                Other developments             171

12.1.4.4  MnM view              172

12.1.4.4.1                Key strengths/Right to win 172

12.1.4.4.2                Strategic choices   172

12.1.4.4.3                Weaknesses/Competitive threats       172

12.1.5      LANDIS+GYR     173

12.1.5.1  Business overview 173

12.1.5.2  Products/Solutions/Services offered 174

12.1.5.3  Recent developments           174

12.1.5.3.1                Product launches  174

12.1.5.3.2                Deals      175

12.1.5.3.3                Other developments             175

12.1.5.4  MnM view              176

12.1.5.4.1                Key strengths/Right to win 176

12.1.5.4.2                Strategic choices   176

12.1.5.4.3                Weaknesses and competitive threats 176

12.1.6      SENSUS (XYLEM)              177

12.1.6.1  Business overview 177

12.1.6.2  Products/Solutions/Services offered 178

12.1.6.3  Recent developments           179

12.1.6.3.1                Product launches  179

12.1.7      EDMI LIMITED  180

12.1.7.1  Business overview 180

12.1.7.2  Products/Solutions/Services offered 180

12.1.7.3  Recent developments           181

12.1.7.3.1                Deals      181

12.1.8      CHONGQING SHANCHENG GAS EQUIPMENT CO., LTD                 182

12.1.8.1  Business overview 182

12.1.8.2  Products/Solutions/Services offered 182

12.1.9      DONGFA (GROUP)          183

12.1.9.1  Business overview 183

12.1.9.2  Products/Solutions/Services offered 183

12.1.10   RAYCHEM RPG PRIVATE LIMITED            184

12.1.10.1                 Business overview 184

12.1.10.2                 Products/Solutions/Services offered 184

12.1.11   CHINT GROUP  185

12.1.11.1                 Business overview 185

12.1.11.2                 Products/Solutions/Services offered 185

12.1.12   ZENNER INTERNATIONAL GMBH & CO. KG         187

12.1.12.1                 Business overview 187

12.1.12.2                 Products/Solutions/Services offered 187

12.1.12.3                 Recent developments           188

12.1.12.3.1             Deals      188

12.1.13   MASTER METER INC.      189

12.1.13.1                 Business overview 189

12.1.13.2                 Products/Solutions/Services offered 189

12.1.14   ACLARA TECHNOLOGIES             190

12.1.14.1                 Business overview 190

12.1.14.2                 Products/Solutions/Services offered 190

12.1.14.3                 Recent developments           191

12.1.14.3.1             Deals      191

12.1.15   WASION HOLDINGS INTERNATIONAL   192

12.1.15.1                 Business overview 192

12.1.15.2                 Products/Solutions/Services offered 193

12.1.15.3                 Recent developments           194

12.1.15.3.1             Deals      194

12.2         OTHER PLAYERS              195

12.2.1      AICHITOKEIDENKI CORPORATION         195

12.2.2      PIETRO FIORENTINI S.P.A.           195

12.2.3      SECURE METERS LTD.   196

12.2.4      FUJITSU                196

12.2.5      SAGEMCOM       197

12.2.6      ADYA SMART METERING              197

12.2.7      ULTAN TECHNOLOGIES               198

12.2.8      POWERCOM       198

12.2.9      DISCOVERGY GMBH       199

12.2.10   SNS TECHNOSYS              199

13            APPENDIX           200

13.1         INSIGHTS OF INDUSTRY EXPERTS           200

13.2         DISCUSSION GUIDE        200

13.3         KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL                203

13.4         CUSTOMIZATION OPTIONS        205

13.5         RELATED REPORTS         205

13.6         AUTHOR DETAILS           206

LIST OF TABLES

TABLE 1                SNAPSHOT OF SMART GAS METER MARKET                 37

TABLE 2                EXPORT DATA FOR HS CODE 902810-COMPLIANT PRODUCTS,

BY COUNTRY,  2021–2023 (USD THOUSAND)     52

TABLE 3                IMPORT DATA FOR HS CODE 902810-COMPLIANT PRODUCTS,

2022–2024 (USD THOUSAND)      53

TABLE 4                ROLES OF COMPANIES IN SMART GAS METER ECOSYSTEM       56

TABLE 5                IMPORT TARIFF FOR HS 902810-COMPLIANT PRODUCTS, 2024               58

TABLE 6                REGULATIONS  59

TABLE 7                LIST OF PATENTS APPLIED AND GRANTED, 2022–2024              60

TABLE 8                SMART GAS METER MARKET: PORTER’S FIVE FORCE ANALYSIS             63

TABLE 9                WORLD GDP GROWTH PROJECTION, 2021–2028 (USD TRILLION)               66

TABLE 10             INFLATION RATE, AVERAGE CONSUMER PRICES, ANNUAL PERCENT

CHANGE (2024%)              67

TABLE 11              MANUFACTURING VALUE ADDED (% OF GDP), 2023        68

TABLE 12              US-ADJUSTED RECIPROCAL TARIFF RATES, 2024 (USD BILLION) 69

TABLE 13              EXPECTED CHANGE IN PRICES AND LIKELY IMPACT ON SMART GAS METER COMPONENTS DUE TO TARIFF IMPACT                70

TABLE 14              SMART GAS METER MARKET, BY TECHNOLOGY, 2021–2024 (USD MILLION)            74

TABLE 15              SMART GAS METER MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION)            74

TABLE 16              ADVANCED METERING INFRASTRUCTURE (AMI): SMART GAS METER MARKET,

BY REGION, 2021–2024 (USD MILLION)   75

TABLE 17              ADVANCED METERING INFRASTRUCTURE (AMI): SMART GAS METER MARKET,

BY REGION, 2025–2030 (USD MILLION)   76

TABLE 18              AUTOMATED METER READING (AMR): SMART GAS METER MARKET, BY REGION,  2021–2024 (USD MILLION)                 77

TABLE 19              AUTOMATED METER READING (AMR): SMART GAS METER MARKET, BY REGION,  2025–2030 (USD MILLION)                 77

TABLE 20              SMART GAS METER MARKET, BY TYPE, 2021–2024 (USD MILLION)       79

TABLE 21              SMART GAS METER MARKET, BY TYPE, 2025–2030 (USD MILLION)       79

TABLE 22              SMART ULTRASONIC GAS METER MARKET, BY REGION,

2021–2024 (USD MILLION)            80

TABLE 23              SMART ULTRASONIC GAS METER MARKET, BY REGION,

2025–2030 (USD MILLION)            80

TABLE 24              SMART DIAPHRAGM GAS METER MARKET, BY REGION,

2021–2024 (USD MILLION)            81

TABLE 25              SMART DIAPHRAGM GAS METER MARKET: BY REGION,

2025–2030 (USD MILLION)            81

TABLE 26              SMART GAS METER MARKET, BY COMPONENT, 2021–2024 (USD MILLION)            83

TABLE 27              SMART GAS METER MARKET, BY COMPONENT, 2025–2030 (USD MILLION)            83

TABLE 28              HARDWARE: SMART GAS METER MARKET, BY REGION,

2021–2024 (USD MILLION)            84

TABLE 29              HARDWARE: SMART GAS METER MARKET, BY REGION,

2025–2030 (USD MILLION)            84

TABLE 30              SOFTWARE: SMART GAS METER MARKET, BY REGION, 2021–2024 (USD MILLION)          85

TABLE 31              SOFTWARE: SMART GAS METER MARKET, BY REGION, 2025–2030 (USD MILLION)          85

TABLE 32              SMART GAS METER MARKET, BY END USER, 2021–2024 (USD MILLION)            87

TABLE 33              SMART GAS METER MARKET, BY END USER, 2025–2030 (USD MILLION)            87

TABLE 34              RESIDENTIAL: SMART GAS METER MARKET, BY REGION,

2021–2024 (USD MILLION)            88

TABLE 35              RESIDENTIAL: SMART GAS METER MARKET, BY REGION,

2025–2030 (USD MILLION)            88

TABLE 36              COMMERCIAL: SMART GAS METER MARKET, BY REGION,

2021–2024 (USD MILLION)            89

TABLE 37              COMMERCIAL: SMART GAS METER MARKET, BY REGION,

2025–2030 (USD MILLION)            89

TABLE 38              INDUSTRIAL: SMART GAS METER MARKET, BY REGION,

2021–2024 (USD MILLION)            90

TABLE 39              INDUSTRIAL: SMART GAS METER MARKET, BY REGION,

2025–2030 (USD MILLION)            90

TABLE 40              SMART GAS METER MARKET, BY REGION, 2021–2024 (USD MILLION)       93

TABLE 41              SMART GAS METER MARKET, BY REGION, 2025–2030 (USD MILLION)       93

TABLE 42              NORTH AMERICA: SMART GAS METER MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)            94

TABLE 43              NORTH AMERICA: SMART GAS METER MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            95

TABLE 44              NORTH AMERICA: SMART GAS METER MARKET, BY TYPE,

2021–2024 (USD MILLION)            95

TABLE 45              NORTH AMERICA: SMART GAS METER MARKET, BY TYPE,

2025–2030 (USD MILLION)            95

TABLE 46              NORTH AMERICA: SMART GAS METER MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            95

TABLE 47              NORTH AMERICA: SMART GAS METER MARKET, BY COMPONENT,

2025–2030 (USD MILLION)            96

TABLE 48              NORTH AMERICA: SMART GAS METER MARKET, BY END USER,

2021–2024 (USD MILLION)            96

TABLE 49              NORTH AMERICA: SMART GAS METER MARKET, BY END USER,

2025–2030 (USD MILLION)          96

TABLE 50              NORTH AMERICA: SMART GAS METER MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            96

TABLE 51              NORTH AMERICA: SMART GAS METER MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            97

TABLE 52              US: SMART GAS METER MARKET, BY TECHNOLOGY, 2021–2024 (USD MILLION)            97

TABLE 53              US: SMART GAS METER MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION)            97

TABLE 54              US: SMART GAS METER MARKET, BY END USER, 2021–2024 (USD MILLION)            98

TABLE 55              US: SMART GAS METER MARKET, BY END USER, 2025–2030 (USD MILLION)            98

TABLE 56              CANADA: SMART GAS METER MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)            98

TABLE 57              CANADA: SMART GAS METER MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            99

TABLE 58              CANADA: SMART GAS METER MARKET, BY END USER, 2021–2024 (USD MILLION)                99

TABLE 59              CANADA: SMART GAS METER MARKET, BY END USER, 2025–2030 (USD MILLION)                99

TABLE 60              MEXICA: SMART GAS METER MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)            100

TABLE 61              MEXICO: SMART GAS METER MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            100

TABLE 62              MEXICO: SMART GAS METER MARKET, BY END USER, 2021–2024 (USD MILLION)                100

TABLE 63              MEXICO: SMART GAS METER MARKET, BY END USER, 2025–2030 (USD MILLION)                100

TABLE 64              EUROPE: SMART GAS METER MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)            102

TABLE 65              EUROPE : SMART GAS METER MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            103

TABLE 66              EUROPE: SMART GAS METER MARKET, BY TYPE, 2021–2024 (USD MILLION)            103

TABLE 67             EUROPE : SMART GAS METER MARKET, BY TYPE, 2025–2030 (USD MILLION)            103

TABLE 68              EUROPE: SMART GAS METER MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            103

TABLE 69              EUROPE: SMART GAS METER MARKET, BY COMPONENT,

2025–2030 (USD MILLION)            103

TABLE 70              EUROPE: SMART GAS METER MARKET, BY END USER, 2021–2024 (USD MILLION)                104

TABLE 71              EUROPE: SMART GAS METER MARKET, BY END USER, 2025–2030 (USD MILLION)                104

TABLE 72              EUROPE: SMART GAS METER MARKET, BY COUNTRY, 2021–2024 (USD MILLION)     104

TABLE 73              EUROPE: SMART GAS METER MARKET, BY COUNTRY, 2025–2030 (USD MILLION)     105

TABLE 74              GERMANY: SMART GAS METER MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)            105

TABLE 75              GERMANY: SMART GAS METER MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            106

TABLE 76              GERMANY: SMART GAS METER MARKET, BY END USER,

2021–2024 (USD MILLION)            106

TABLE 77              GERMANY: SMART GAS METER MARKET, BY END USER,

2025–2030 (USD MILLION)            106

TABLE 78              FRANCE: SMART GAS METER MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)            107

TABLE 79              FRANCE: SMART GAS METER MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            107

TABLE 80              FRANCE: SMART GAS METER MARKET, BY END USER, 2021–2024 (USD MILLION)                107

TABLE 81              FRANCE: SMART GAS METER MARKET, BY END USER, 2025–2030 (USD MILLION)                107

TABLE 82              UK: SMART GAS METER MARKET, BY TECHNOLOGY, 2021–2024 (USD MILLION)            108

TABLE 83              UK: SMART GAS METER MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION)            108

TABLE 84              UK: SMART GAS METER MARKET, BY END USER, 2021–2024 (USD MILLION)            108

TABLE 85              UK: SMART GAS METER MARKET, BY END USER, 2025–2030 (USD MILLION)            109

TABLE 86              SPAIN: SMART GAS METER MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)            109

TABLE 87              SPAIN: SMART GAS METER MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            109

TABLE 88              SPAIN: SMART GAS METER MARKET, BY END USER, 2021–2024 (USD MILLION)                110

TABLE 89              SPAIN: SMART GAS METER MARKET, BY END USER, 2025–2030 (USD MILLION)                110

TABLE 90              ITALY: SMART GAS METER MARKET, BY TECHNOLOGY, 2021–2024 (USD MILLION)            110

TABLE 91              ITALY: SMART GAS METER MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION)            111

TABLE 92              ITALY: SMART GAS METER MARKET, BY END USER, 2021–2024 (USD MILLION)                111

TABLE 93              ITALY: SMART GAS METER MARKET, BY END USER, 2025–2030 (USD MILLION)                111

TABLE 94              POLAND: SMART GAS METER MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)            112

TABLE 95              POLAND: SMART GAS METER MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            112

TABLE 96              POLAND: SMART GAS METER MARKET, BY END USER, 2021–2024 (USD MILLION)                112

TABLE 97              POLAND: SMART GAS METER MARKET, BY END USER, 2025–2030 (USD MILLION)                112

TABLE 98              REST OF EUROPE: SMART GAS METER MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)            113

TABLE 99              REST OF EUROPE: SMART GAS METER MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            113

TABLE 100            REST OF EUROPE: SMART GAS METER MARKET, BY END USER,

2021–2024 (USD MILLION)            113

TABLE 101            REST OF EUROPE: SMART GAS METER MARKET, BY END USER,

2025–2030 (USD MILLION)            114

TABLE 102            ASIA PACIFIC: SMART GAS METER MARKET, BY TECHNOLOGY TYPE,

2021–2024 (USD MILLION)            114

TABLE 103            ASIA PACIFIC: SMART GAS METER MARKET, BY TECHNOLOGY TYPE,

2025–2030 (USD MILLION)            114

TABLE 104            ASIA PACIFIC: SMART GAS METER MARKET, BY TYPE, 2021–2024 (USD MILLION)                115

TABLE 105            ASIA PACIFIC: SMART GAS METER MARKET, BY TYPE, 2025–2030 (USD MILLION)                115

TABLE 106            ASIA PACIFIC : SMART GAS METER MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            115

TABLE 107            ASIA PACIFIC : SMART GAS METER MARKET, BY COMPONENT,

2025–2030 (USD MILLION)            115

TABLE 108            ASIA PACIFIC: SMART GAS METER MARKET, BY END USER,

2021–2024 (USD MILLION)            115

TABLE 109            ASIA PACIFIC: SMART GAS METER MARKET, BY END USER,

2025–2030 (USD MILLION)            116

TABLE 110            ASIA PACIFIC: SMART GAS METER MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            116

TABLE 111            ASIA PACIFIC: SMART METER MARKET, BY COUNTRY, 2025–2030 (USD MILLION)     116

TABLE 112            CHINA: SMART GAS METER MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)            117

TABLE 113            CHINA: SMART GAS METER MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            117

TABLE 114            CHINA: SMART GAS METER MARKET, BY END USER, 2021–2024 (USD MILLION)                118

TABLE 115            CHINA: SMART GAS METER MARKET, BY END USER, 2025–2030 (USD MILLION)                118

TABLE 116            AUSTRALIA: SMART GAS METER MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)            119

TABLE 117            AUSTRALIA: SMART GAS METER MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            119

TABLE 118            AUSTRALIA: SMART GAS METER MARKET, BY END USER,

2021–2024 (USD MILLION)            119

TABLE 119            AUSTRALIA: SMART GAS METER MARKET, BY END USER,

2025–2030 (USD MILLION)            119

TABLE 120            JAPAN: SMART GAS METER MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)            120

TABLE 121            JAPAN: SMART GAS METER MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            120

TABLE 122            JAPAN: SMART GAS METER MARKET, BY END USER, 2021–2024 (USD MILLION)                120

TABLE 123            JAPAN: SMART GAS METER MARKET, BY END USER, 2025–2030 (USD MILLION)                121

TABLE 124            INDIA: SMART GAS METER MARKET, BY TECHNOLOGY, 2021–2024 (USD MILLION)            121

TABLE 125            INDIA: SMART GAS METER MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION)            122

TABLE 126            INDIA: SMART GAS METER MARKET, BY END USER, 2021–2024 (USD MILLION)                122

TABLE 127            INDIA: SMART GAS METER MARKET, BY END USER, 2025–2030 (USD MILLION)                122

TABLE 128            SOUTH KOREA: SMART GAS METER MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)            123

TABLE 129            SOUTH KOREA: SMART GAS METER MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            123

TABLE 130            SOUTH KOREA: SMART GAS METER MARKET, BY END USER,

2021–2024 (USD MILLION)            123

TABLE 131            SOUTH KOREA: SMART GAS METER MARKET, BY END USER,

2025–2030 (USD MILLION)            123

TABLE 132            REST OF ASIA PACIFIC: SMART GAS METER MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)            124

TABLE 133            REST OF ASIA PACIFIC: SMART GAS METER MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            124

TABLE 134            REST OF ASIA PACIFIC: SMART GAS METER MARKET, BY END USER,

2021–2024 (USD MILLION)            125

TABLE 135            REST OF ASIA PACIFIC: SMART GAS METER MARKET, BY END USER,

2025–2030 (USD MILLION)            125

TABLE 136            MIDDLE EAST & AFRICA: SMART GAS METER MARKET, BY TECHNOLOGY ,

2021–2024 (USD MILLION)            126

TABLE 137            MIDDLE EAST & AFRICA: SMART GAS METER MARKET, BY TECHNOLOGY ,

2025–2030 (USD MILLION)            126

TABLE 138            MIDDLE EAST & AFRICA: SMART GAS METER MARKET, BY TYPE,

2021–2024 (USD MILLION)            126

TABLE 139            MIDDLE EAST & AFRICA: SMART GAS METER MARKET, BY TYPE,

2025–2030 (USD MILLION)            126

TABLE 140            MIDDLE EAST & AFRICA: SMART GAS METER MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            127

TABLE 141            MIDDLE EAST & AFRICA: SMART GAS METER MARKET, BY COMPONENT,

2025–2030 (USD MILLION)            127

TABLE 142            MIDDLE EAST & AFRICA: SMART GAS METER MARKET, BY END USER,

2021–2024 (USD MILLION)            127

TABLE 143            MIDDLE EAST & AFRICA: SMART GAS METER MARKET, BY BY END USER,

2025–2030 (USD MILLION)            127

TABLE 144            MIDDLE EAST & AFRICA: SMART GAS METER MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            128

TABLE 145            MIDDLE EAST & AFRICA: SMART GAS METER MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            128

TABLE 146            GCC: SMART METER MARKET, BY COUNTRY, 2021–2024 (USD MILLION)            128

TABLE 147            GCC: SMART METER MARKET, BY COUNTRY, 2025–2030 (USD MILLION)            129

TABLE 148            SAUDI ARABIA: SMART GAS METER MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)          129

TABLE 149            SAUDI ARABIA: SMART GAS METER MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            130

TABLE 150            SAUDI ARABIA: SMART GAS METER MARKET, BY END USER,

2021–2024 (USD MILLION)            130

TABLE 151            SAUDI ARABIA: SMART GAS METER MARKET, BY END USER,

2025–2030 (USD MILLION)            130

TABLE 152            UAE: SMART GAS METER MARKET, BY TECHNOLOGY, 2021–2024 (USD MILLION)            131

TABLE 153            UAE: SMART GAS METER MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION)            131

TABLE 154          UAE: SMART GAS METER MARKET, BY END USER, 2021–2024 (USD MILLION)            131

TABLE 155          UAE: SMART GAS METER MARKET, BY END USER, 2025–2030 (USD MILLION)            131

TABLE 156            ISRAEL: SMART GAS METER MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)            132

TABLE 157            ISRAEL: SMART GAS METER MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            132

TABLE 158            ISRAEL: SMART GAS METER MARKET, BY END USER, 2021–2024 (USD MILLION)                132

TABLE 159            ISRAEL: SMART GAS METER MARKET, BY END USER, 2025–2030 (USD MILLION)                133

TABLE 160            SOUTH AFRICA: SMART GAS METER MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)            133

TABLE 161            SOUTH AFRICA: SMART GAS METER MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            133

TABLE 162            SOUTH AFRICA: SMART GAS METER MARKET, BY END USER,

2021–2024 (USD MILLION)            134

TABLE 163            SOUTH AFRICA: SMART GAS METER MARKET, BY END USER,

2025–2030 (USD MILLION)            134

TABLE 164            TURKEY: SMART GAS METER MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)            134

TABLE 165            TURKEY: SMART GAS METER MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            135

TABLE 166            TURKEY: SMART GAS METER MARKET, BY END USER, 2021–2024 (USD MILLION)                135

TABLE 167            TURKEY: SMART GAS METER MARKET, BY END USER, 2025–2030 (USD MILLION)                135

TABLE 168            REST OF MIDDLE EAST & AFRICA: SMART GAS METER MARKET, BY TECHNOLOGY,  2021–2024 (USD MILLION)                 136

TABLE 169            REST OF MIDDLE EAST & AFRICA: SMART GAS METER MARKET,

BY TECHNOLOGY,  2025–2030 (USD MILLION)  136

TABLE 170            REST OF MIDDLE EAST & AFRICA: SMART GAS METER MARKET,

BY END USER,  2021–2024 (USD MILLION)            136

TABLE 171            REST OF MIDDLE EAST & AFRICA: SMART GAS METER MARKET,

BY END USER,  2025–2030 (USD MILLION)            137

TABLE 172            SMART GAS METER: KEY PLAYER STRATEGIES/RIGHT TO WIN,

JANUARY 2016–APRIL 2025            138

TABLE 173            SMART GAS METER MARKET: DEGREE OF COMPETITION, 2024       140

TABLE 174            MARKET EVALUATION FRAMEWORK     142

TABLE 175            SMART GAS METER MARKET: REGION FOOTPRINT       149

TABLE 176            SMART GAS METER MARKET: TECHNOLOGY FOOTPRINT       150

TABLE 177            SMART GAS METER MARKET: TYPE FOOTPRINT                 151

TABLE 178            SMART GAS METER MARKET: END USER FOOTPRINT       152

TABLE 179            SMART GAS METER MARKET: PRODUCT LAUNCHES, JANUARY 2016–APRIL 2025   155

TABLE 180            SMART GAS METER MARKET: DEALS, JANUARY 2016- APRIL 2025                156

TABLE 181            APATOR S.A.: COMPANY OVERVIEW       158

TABLE 182            APATOR S.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    159

TABLE 183            APATOR S.A.: DEALS       160

TABLE 184            APATOR S.A.: OTHER DEVELOPMENTS 161

TABLE 185            DIEHL STIFTUNG & CO. KG: COMPANY OVERVIEW          162

TABLE 186            DIEHL STIFTUNG & CO. KG: PRODUCTS/SOLUTIONS/SERVICES OFFERED    163

TABLE 187            DIEHL STIFTUNG & CO. KG: DEALS         164

TABLE 188            HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW          165

TABLE 189            HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    166

TABLE 190            HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES          167

TABLE 191            HONEYWELL INTERNATIONAL INC.: DEALS                 167

TABLE 192            HONEYWELL INTERNATIONAL INC.: OTHER DEVELOPMENTS              168

TABLE 193            ITRON INC.: COMPANY OVERVIEW          169

TABLE 194            ITRON INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED             170

TABLE 195            ITRON INC.: OTHER DEVELOPMENTS    171

TABLE 196            LANDIS+GYR: COMPANY OVERVIEW      173

TABLE 197            LANDIS+GYR: PRODUCTS/SOLUTIONS/SERVICES OFFERED    174

TABLE 198            LANDIS+GYR: PRODUCT LAUNCHES      174

TABLE 199            LANDIS+GYR: DEALS     175

TABLE 200            LANDIS+GYR: OTHER DEVELOPMENTS 175

TABLE 201            SENSUS(XYLEM): COMPANY OVERVIEW                 177

TABLE 202            SENSUS (XYLEM): PRODUCTS/SOLUTIONS/SERVICES OFFERED    178

TABLE 203            SENSUS (XYLEM): PRODUCT LAUNCHES                 179

TABLE 204            EDMI LIMITED: COMPANY OVERVIEW  180

TABLE 205            EDMI LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED    180

TABLE 206            EDMI LIMITED: DEALS  181

TABLE 207            CHONGQING SHANCHENG GAS EQUIPMENT CO., LTD.: COMPANY OVERVIEW              182

TABLE 208            CHONGQING SHANCHENG GAS EQUIPMENT CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED                 182

TABLE 209            DONGFA (GROUP): COMPANY OVERVIEW                 183

TABLE 210            DONGFA (GROUP): PRODUCTS/SOLUTIONS/SERVICES OFFERED    183

TABLE 211            RAYCHEM RPG PRIVATE LIMITED: COMPANY OVERVIEW          184

TABLE 212            RAYCHEM RPG PRIVATE LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED    184

TABLE 213            CHINT GROUP: COMPANY OVERVIEW   185

TABLE 214            CHINT GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    185

TABLE 215            ZENNER INTERNATIONAL GMBH & CO. KG: COMPANY OVERVIEW   187

TABLE 216            ZENNER INTERNATIONAL GMBH & CO. KG: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        187

TABLE 217            ZENNER INTERNATIONAL GMBH & CO. KG: DEALS  188

TABLE 218            MASTER METER INC.: COMPANY OVERVIEW                 189

TABLE 219            MASTER METER INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    189

TABLE 220            ACLARA TECHNOLOGIES: COMPANY OVERVIEW          190

TABLE 221            ACLARA TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED    190

TABLE 222            ACLARA TECHNOLOGIES: DEALS             191

TABLE 223            WASION HOLDINGS INTERNATIONAL: COMPANY OVERVIEW   192

TABLE 224            WASION HOLDINGS INTERNATIONAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED    193

TABLE 225            WASION HOLDINGS INTERNATIONAL: DEALS                 194

LIST OF FIGURES

FIGURE 1              SMART GAS METER MARKET: RESEARCH DESIGN                28

FIGURE 2              DATA TRIANGULATION                29

FIGURE 3              MAIN METRICS CONSIDERED WHILE CONSTRUCTING AND ASSESSING  DEMAND FOR SMART GAS METERS                32

FIGURE 4              SMART GAS METER MARKET: INDUSTRY-REGION/COUNTRY-WISE ANALYSIS        33

FIGURE 5              KEY METRICS CONSIDERED FOR ASSESSING SUPPLY OF SMART GAS METERS               34

FIGURE 6              SMART GAS METER MARKET: SUPPLY SIDE ANALYSIS            35

FIGURE 7              ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF SMART GAS METER MARKET IN 2024 38

FIGURE 8              AUTOMATIC METER READING (AMI) SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2025     39

FIGURE 9              SMART DIAPHRAGM GAS METER SEGMENT TO CLAIM LARGER MARKET

SHARE IN 2025   39

FIGURE 10            HARDWARE SEGMENT TO SECURE LARGER MARKET SHARE IN 2030 40

FIGURE 11            RESIDENTIAL SEGMENT TO LEAD MARKET IN 2030        40

FIGURE 12            INCREASING INVESTMENTS IN SMART GRID TECHNOLOGIES

TO FUEL MARKET GROWTH       41

FIGURE 13            ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       42

FIGURE 14            CHINA ACCOUNTED FOR LARGEST SHARE OF ASIA PACIFIC SMART GAS METER MARKET IN 2024           42

FIGURE 15            ADVANCED METERING INFRASTRUCTURE (AMI) SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030  43

FIGURE 16            HARDWARE SEGMENT TO SECURE LARGER MARKET SHARE IN 2030 43

FIGURE 17            SMART DIAPHRAGM SEGMENT TO GARNER LARGER MARKET SHARE IN 2030               43

FIGURE 18            RESIDENTIAL SEGMENT TO DOMINATE MARKET IN 2030                44

FIGURE 19            SMART GAS METER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES          45

FIGURE 20            GLOBAL INVESTMENTS, BY TECHNOLOGY, 2017–2023 (USD BILLION)             47

FIGURE 21            GLOBAL ELECTRICITY PRODUCTION, BY SOURCE, 2021–2023          49

FIGURE 22            TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS   50

FIGURE 23            ECOSYSTEM ANALYSIS  51

FIGURE 24            AVERAGE SELLING PRICE TREND OF SMART GAS METERS, BY REGION,

2021–2024              51

FIGURE 25            EXPORT DATA FOR HS CODE 902810-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2024                53

FIGURE 26            IMPORT DATA FOR HS CODE 902810-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2024                54

FIGURE 27            VALUE CHAIN ANALYSIS               55

FIGURE 28            PORTER’S FIVE FORCES ANALYSIS: SMART GAS METER MARKET               62

FIGURE 29            IMPACT OF GENERATIVE AI/AI ON END USER, BY REGION         65

FIGURE 30            SMART GAS METER MARKET, BY TECHNOLOGY                 74

FIGURE 31            SMART GAS METER MARKET, BY TYPE  79

FIGURE 32            SMART GAS METER MARKET, BY COMPONENT                 83

FIGURE 33            SMART GAS METER MARKET, BY END USER, 2024                 87

FIGURE 34            ASIA PACIFIC MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD          92

FIGURE 35           SMART GAS METER MARKET SHARE, BY REGION, 2024        92

FIGURE 36            NORTH AMERICA: SMART GAS METER MARKET SNAPSHOT          94

FIGURE 37            EUROPE: SMART GAS METER MARKET SNAPSHOT          102

FIGURE 38            SMART GAS METER MARKET SHARE ANALYSIS, 2024        141

FIGURE 39            SMART GAS METER MARKET: REVENUE ANALYSIS OF TOP FIVE PLAYERS,

2020–2024              143

FIGURE 40            COMPANY VALUATION 144

FIGURE 41            FINANCIAL METRICS      144

FIGURE 42            BRAND/PRODUCT COMPARISON             145

FIGURE 43            COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024  147

FIGURE 45            SMART GAS METER MARKET: COMPETITIVE EVALUATION MATRIX (STARTUPS/SMES), 2024 154

FIGURE 46            APATOR S.A.: COMPANY SNAPSHOT       159

FIGURE 47            DIEHL STIFTUNG & CO. KG: COMPANY SNAPSHOT          163

FIGURE 48            HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT          166

FIGURE 49            ITRON INC.: COMPANY SNAPSHOT         170

FIGURE 50            LANDIS+GYR: COMPANY SNAPSHOT      173

FIGURE 51            SENSUS (XYLEM): COMPANY SNAPSHOT                 178

FIGURE 52            WASION HOLDINGS INTERNATIONAL: COMPANY SNAPSHOT   193