Europe Smart Gas Meter Market 2022-2032 by Component (Hardware, Software), Technology (AMR, AMI), Product Type (Diaphragm, Ultrasonic), Smart Card (CPU, RFID), End Use (Residential, Commercial, Industrial), and Country: Trend Forecast and Growth Opportunity
Europe smart gas meter market was valued at $1.29 million in 2022 and will grow by 6.0% annually over 2022-2032, driven by the increasing safety needs, digitalization of distribution grids and optimization of network operations, asset management of advanced metering infrastructure (AMI), and increasing investment in smart meter technologies supported by government initiatives.
Highlighted with 91 tables and 42 figures, this 140-page report “Europe Smart Gas Meter Market 2022-2032 by Component (Hardware, Software), Technology (AMR, AMI), Product Type (Diaphragm, Ultrasonic), Smart Card (CPU, RFID), End Use (Residential, Commercial, Industrial), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe smart gas meter market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe smart gas meter market in every aspect of the classification from perspectives of Component, Technology, Product Type, Smart Card, End Use, and Country.
Based on Component, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
• Software & Service
Based on Technology, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Automatic Meter Reading (AMR)
• Advanced Metering Infrastructure (AMI)
By Product Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Smart Diaphragm Gas Meter
• Smart Ultrasonic Gas Meter
By Smart Card, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• CPU Card-based Meters
• RFID Card-based Meters
• Other Card-based Meters
By End Use, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Residential Use
• Commercial Use
• Industrial Use
Geographically, the following national/local markets are fully investigated:
• Germany
• UK
• France
• Spain
• Italy
• Russia
• Rest of Europe (further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Component, Technology, and End Use over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Aclara Technologies
AEM
Aichi Tokei Denki Co. Ltd.
Apator SA
Azbil Kimmon Co. Ltd (Azbil Corporation)
Badger Meter, Inc.
Chongqing Shancheng Gas Equipment Co., Ltd.
Dandong Dongfa (Group) Co., Ltd.
Diehl Stiftung GmbH & Co. KG
EDMI Ltd.
Elster Group GmbH (Honeywell International Inc.)
Holley Technology Ltd. (Zhejiang Huamei Holding Co., Ltd.)
Itron Inc.
Landis + GYR Group AG
Pietro Fiorentini SpA
Sagemcom SAS
Schneider Electric SE
Sensus Usa Inc. (Xylem Inc.)
Siemens AG
Wasion Group Holdings
Yazaki Corporation
Zenner International GmbH & Co. KG
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 22
2.1.2 Impact of COVID-19 on the Market 25
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 27
2.2 Major Growth Drivers 31
2.3 Market Restraints and Challenges 34
2.4 Emerging Opportunities and Market Trends 37
2.5 Porter’s Fiver Forces Analysis 41
3 Segmentation of Europe Market by Component 45
3.1 Market Overview by Component 45
3.2 Hardware 47
3.3 Software & Service 48
4 Segmentation of Europe Market by Technology 49
4.1 Market Overview by Technology 49
4.2 Automatic Meter Reading (AMR) 51
4.3 Advanced Metering Infrastructure (AMI) 52
5 Segmentation of Europe Market by Product Type 53
5.1 Market Overview by Product Type 53
5.2 Smart Diaphragm Gas Meter 55
5.3 Smart Ultrasonic Gas Meter 56
6 Segmentation of Europe Market by Smart Card 57
6.1 Market Overview by Smart Card 57
6.2 CPU Card-based Meters 59
6.3 RFID Card-based Meters 60
6.4 Other Card-based Meters 61
7 Segmentation of Europe Market by End Use 62
7.1 Market Overview by End Use 62
7.2 Residential Use 64
7.3 Commercial Use 65
7.4 Industrial Use 66
8 European Market 2022-2032 by Country 67
8.1 Overview of European Market 67
8.2 Germany 70
8.3 UK 72
8.4 France 74
8.5 Spain 77
8.6 Italy 79
8.7 Russia 81
8.8 Rest of European Market 83
9 Competitive Landscape 85
9.1 Overview of Key Vendors 85
9.2 New Product Launch, Partnership, Investment, and M&A 88
9.3 Company Profiles 89
Aclara Technologies 89
AEM 91
Aichi Tokei Denki Co. Ltd. 93
Apator SA 95
Azbil Kimmon Co. Ltd (Azbil Corporation) 97
Badger Meter, Inc. 100
Chongqing Shancheng Gas Equipment Co., Ltd. 102
Dandong Dongfa (Group) Co., Ltd. 103
Diehl Stiftung GmbH & Co. KG 104
EDMI Ltd. 106
Elster Group GmbH (Honeywell International Inc.) 108
Holley Technology Ltd. (Zhejiang Huamei Holding Co., Ltd.) 110
Itron Inc. 113
Landis + GYR Group AG 116
Pietro Fiorentini SpA 118
Sagemcom SAS 121
Schneider Electric SE 124
Sensus Usa Inc. (Xylem Inc.) 127
Siemens AG 129
Wasion Group Holdings 133
Yazaki Corporation 136
Zenner International GmbH & Co. KG 138
Related Reports and Products 140
List of Tables:
Table 1. Snapshot of Europe Smart Gas Meter Market in Balanced Perspective, 2022-2032 18
Table 2. World Economic Outlook, 2021-2031 23
Table 3. World Economic Outlook, 2021-2023 24
Table 4. Scenarios for Economic Impact of Ukraine Crisis 28
Table 5. Main Product Trends and Market Opportunities in Europe Smart Gas Meter Market 37
Table 6. Europe Smart Gas Meter Market by Component, 2022-2032, $ mn 45
Table 7. Europe Smart Gas Meter Market by Technology, 2022-2032, $ mn 49
Table 8. Europe Smart Gas Meter Market by Product Type, 2022-2032, $ mn 53
Table 9. Europe Smart Gas Meter Market by Smart Card, 2022-2032, $ mn 57
Table 10. Europe Smart Gas Meter Market by End Use, 2022-2032, $ mn 62
Table 11. Europe Smart Gas Meter Market by Country, 2022-2032, $ mn 69
Table 12. Germany Smart Gas Meter Market by Component, 2022-2032, $ mn 71
Table 13. Germany Smart Gas Meter Market by Technology, 2022-2032, $ mn 71
Table 14. Germany Smart Gas Meter Market by End Use, 2022-2032, $ mn 71
Table 15. UK Smart Gas Meter Market by Component, 2022-2032, $ mn 73
Table 16. UK Smart Gas Meter Market by Technology, 2022-2032, $ mn 73
Table 17. UK Smart Gas Meter Market by End Use, 2022-2032, $ mn 73
Table 18. France Smart Gas Meter Market by Component, 2022-2032, $ mn 75
Table 19. France Smart Gas Meter Market by Technology, 2022-2032, $ mn 75
Table 20. France Smart Gas Meter Market by End Use, 2022-2032, $ mn 75
Table 21. Spain Smart Gas Meter Market by Component, 2022-2032, $ mn 78
Table 22. Spain Smart Gas Meter Market by Technology, 2022-2032, $ mn 78
Table 23. Spain Smart Gas Meter Market by End Use, 2022-2032, $ mn 78
Table 24. Italy Smart Gas Meter Market by Component, 2022-2032, $ mn 80
Table 25. Italy Smart Gas Meter Market by Technology, 2022-2032, $ mn 80
Table 26. Italy Smart Gas Meter Market by End Use, 2022-2032, $ mn 80
Table 27. Russia Smart Gas Meter Market by Component, 2022-2032, $ mn 82
Table 28. Russia Smart Gas Meter Market by Technology, 2022-2032, $ mn 82
Table 29. Russia Smart Gas Meter Market by End Use, 2022-2032, $ mn 82
Table 30. Smart Gas Meter Market in Rest of Europe by Country, 2022-2032, $ mn 84
Table 31. Aclara Technologies: Company Snapshot 89
Table 32. Aclara Technologies: Business Segmentation 90
Table 33. Aclara Technologies: Product Portfolio 90
Table 34. AEM: Company Snapshot 91
Table 35. Aichi Tokei Denki Co. Ltd.: Company Snapshot 93
Table 36. Aichi Tokei Denki Co. Ltd.: Product Portfolio 94
Table 37. Apator SA: Company Snapshot 95
Table 38. Apator SA: Business Segmentation 96
Table 39. Apator SA: Revenue by Region 96
Table 40. Apator SA: Product Portfolio 96
Table 41. Azbil Kimmon Co. Ltd (Azbil Corporation): Company Snapshot 97
Table 42. Azbil Kimmon Co. Ltd (Azbil Corporation): Business Segmentation 98
Table 43. Azbil Kimmon Co. Ltd (Azbil Corporation): Revenue by Region 98
Table 44. Azbil Kimmon Co. Ltd (Azbil Corporation): Product Portfolio 99
Table 45. Badger Meter, Inc.: Company Snapshot 100
Table 46. Badger Meter, Inc.: Revenue by Region 100
Table 47. Badger Meter, Inc.: Product Portfolio 101
Table 48. Chongqing Shancheng Gas Equipment Co., Ltd.: Company Snapshot 102
Table 49. Dandong Dongfa (Group) Co., Ltd.: Company Snapshot 103
Table 50. Diehl Stiftung GmbH & Co. KG: Company Snapshot 104
Table 51. Diehl Stiftung GmbH & Co. KG: Business Segmentation 105
Table 52. Diehl Stiftung GmbH & Co. KG: Product Portfolio 105
Table 53. EDMI Ltd.: Company Snapshot 106
Table 54. EDMI Ltd.: Product Portfolio 106
Table 55. Elster Group GmbH (Honeywell International Inc.): Company Snapshot 108
Table 56. Elster Group GmbH (Honeywell International Inc.): Business Segmentation 109
Table 57. Elster Group GmbH (Honeywell International Inc.): Revenue by Region 109
Table 58. Elster Group GmbH (Honeywell International Inc.): Product Portfolio 109
Table 59. Holley Technology Ltd. (Zhejiang Huamei Holding Co., Ltd.): Company Snapshot 110
Table 60. Holley Technology Ltd. (Zhejiang Huamei Holding Co., Ltd.): Product Portfolio 111
Table 61. Itron Inc.: Company Snapshot 113
Table 62. Itron Inc.: Business Segmentation 114
Table 63. Itron Inc.: Revenue by Region 114
Table 64. Itron Inc.: Product Portfolio 114
Table 65. Landis + GYR Group AG: Company Snapshot 116
Table 66. Landis + GYR Group AG: Revenue by Region 116
Table 67. Landis + GYR Group AG: Product Portfolio 117
Table 68. Pietro Fiorentini SpA: Company Snapshot 118
Table 69. Pietro Fiorentini SpA: Product Portfolio 119
Table 70. Sagemcom SAS: Company Snapshot 121
Table 71. Sagemcom SAS: Business Segmentation 122
Table 72. Sagemcom SAS: Product Portfolio 122
Table 73. Schneider Electric SE: Company Snapshot 124
Table 74. Schneider Electric SE: Business Segmentation 124
Table 75. Schneider Electric SE: Revenue by Region 125
Table 76. Sensus Usa Inc. (Xylem Inc.): Company Snapshot 127
Table 77. Sensus Usa Inc. (Xylem Inc.): Business Segmentation 128
Table 78. Sensus Usa Inc. (Xylem Inc.): Revenue by Region 128
Table 79. Sensus Usa Inc. (Xylem Inc.): Product Portfolio 128
Table 80. Siemens AG: Company Snapshot 129
Table 81. Siemens AG: Business Segmentation 129
Table 82. Siemens AG: Revenue by Region 130
Table 83. Wasion Group Holdings: Company Snapshot 133
Table 84. Wasion Group Holdings: Business Segmentation 134
Table 85. Wasion Group Holdings: Revenue by Region 134
Table 86. Wasion Group Holdings: Product Portfolio 134
Table 87. Yazaki Corporation: Company Snapshot 136
Table 88. Yazaki Corporation: Revenue by Region 136
Table 89. Yazaki Corporation: Product Portfolio 137
Table 90. Zenner International GmbH & Co. KG: Company Snapshot 138
Table 91. Zenner International GmbH & Co. KG: Product Portfolio 139
List of Figures:
Figure 1. Research Method Flow Chart 12
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 17
Figure 4. Europe Smart Gas Meter Market by Value, 2022-2032, $ mn 20
Figure 5. Europe Smart Gas Meter Market by Volume, 2022-2032, million units 21
Figure 6. Impact of COVID-19 on Business 25
Figure 7. Primary Drivers and Impact Factors of Europe Smart Gas Meter Market 31
Figure 8. Primary Restraints and Impact Factors of Europe Smart Gas Meter Market 34
Figure 9. Investment Opportunity Analysis 38
Figure 10. Porter’s Fiver Forces Analysis of Europe Smart Gas Meter Market 41
Figure 11. Breakdown of Europe Smart Gas Meter Market by Component, 2022-2032, % of Revenue 45
Figure 12. Contribution to Europe 2023-2032 Cumulative Revenue by Component, Value ($ mn) and Share (%) 46
Figure 13. Europe Smart Gas Meter Market: Hardware, 2022-2032, $ mn 47
Figure 14. Europe Smart Gas Meter Market: Software & Service, 2022-2032, $ mn 48
Figure 15. Breakdown of Europe Smart Gas Meter Market by Technology, 2022-2032, % of Revenue 49
Figure 16. Contribution to Europe 2023-2032 Cumulative Revenue by Technology, Value ($ mn) and Share (%) 50
Figure 17. Europe Smart Gas Meter Market: Automatic Meter Reading (AMR), 2022-2032, $ mn 51
Figure 18. Europe Smart Gas Meter Market: Advanced Metering Infrastructure (AMI), 2022-2032, $ mn 52
Figure 19. Breakdown of Europe Smart Gas Meter Market by Product Type, 2022-2032, % of Revenue 53
Figure 20. Contribution to Europe 2023-2032 Cumulative Revenue by Product Type, Value ($ mn) and Share (%) 54
Figure 21. Europe Smart Gas Meter Market: Smart Diaphragm Gas Meter, 2022-2032, $ mn 55
Figure 22. Europe Smart Gas Meter Market: Smart Ultrasonic Gas Meter, 2022-2032, $ mn 56
Figure 23. Breakdown of Europe Smart Gas Meter Market by Smart Card, 2022-2032, % of Revenue 57
Figure 24. Contribution to Europe 2023-2032 Cumulative Revenue by Smart Card, Value ($ mn) and Share (%) 58
Figure 25. Europe Smart Gas Meter Market: CPU Card-based Meters, 2022-2032, $ mn 59
Figure 26. Europe Smart Gas Meter Market: RFID Card-based Meters, 2022-2032, $ mn 60
Figure 27. Europe Smart Gas Meter Market: Other Card-based Meters, 2022-2032, $ mn 61
Figure 28. Breakdown of Europe Smart Gas Meter Market by End Use, 2022-2032, % of Revenue 62
Figure 29. Contribution to Europe 2023-2032 Cumulative Revenue by End Use, Value ($ mn) and Share (%) 63
Figure 30. Europe Smart Gas Meter Market: Residential Use, 2022-2032, $ mn 64
Figure 31. Europe Smart Gas Meter Market: Commercial Use, 2022-2032, $ mn 65
Figure 32. Europe Smart Gas Meter Market: Industrial Use, 2022-2032, $ mn 66
Figure 33. Breakdown of European Smart Gas Meter Market by Country, 2022 and 2032, % of Revenue 68
Figure 34. Contribution to Europe 2023-2032 Cumulative Revenue by Country, Value ($ mn) and Share (%) 69
Figure 35. Smart Gas Meter Market in Germany, 2022-2032, $ mn 70
Figure 36. Smart Gas Meter Market in UK, 2022-2032, $ mn 72
Figure 37. Smart Gas Meter Market in France, 2022-2032, $ mn 74
Figure 38. Smart Gas Meter Market in Spain, 2022-2032, $ mn 77
Figure 39. Smart Gas Meter Market in Italy, 2022-2032, $ mn 79
Figure 40. Smart Gas Meter Market in Russia, 2022-2032, $ mn 81
Figure 41. Smart Gas Meter Market in Rest of Europe, 2022-2032, $ mn 83
Figure 42. Growth Stage of Europe Smart Gas Meter Industry over the Forecast Period 85
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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