Global smart gas meter market will reach $5.61 billion by 2032, growing by 6.9% 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. In terms of sales volume (million units), the global market is expected to grow by 7.5% annually over the forecast years.

Highlighted with 141 tables and 76 figures, this 192-page report “Global 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 Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global 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 global 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 global smart gas meter market in every aspect of the classification from perspectives of Component, Technology, Product Type, Smart Card, End Use, and Region.

Based on Component, the global 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 global 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 global 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 global 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 global 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 regions together with the listed national/local markets are fully investigated:

• North America (U.S., Canada, and Mexico)

• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)

• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

• South America (Brazil, Chile, Argentina, Rest of South America)

• MEA (UAE, Saudi Arabia, South Africa, and Rest of MEA)

For each region and country, detailed analysis and annual revenue ($ mn) are available for 2022-2032. The breakdown of all regional markets by country and the breakdown of each national market 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 9

1.1 Industry Definition and Research Scope 9

1.1.1 Industry Definition 9

1.1.2 Research Scope 10

1.2 Research Methodology 13

1.2.1 Overview of Market Research Methodology 13

1.2.2 Market Assumption 14

1.2.3 Secondary Data 14

1.2.4 Primary Data 14

1.2.5 Data Filtration and Model Design 15

1.2.6 Market Size/Share Estimation 16

1.2.7 Research Limitations 17

1.3 Executive Summary 18

2 Market Overview and Dynamics 21

2.1 Market Size and Forecast 21

2.1.1 Impact of COVID-19 on World Economy 23

2.1.2 Impact of COVID-19 on the Market 26

2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 28

2.2 Major Growth Drivers 32

2.3 Market Restraints and Challenges 35

2.4 Emerging Opportunities and Market Trends 38

2.5 Porter’s Fiver Forces Analysis 42

3 Segmentation of Global Market by Component 46

3.1 Market Overview by Component 46

3.2 Hardware 48

3.3 Software & Service 49

4 Segmentation of Global Market by Technology 50

4.1 Market Overview by Technology 50

4.2 Automatic Meter Reading (AMR) 52

4.3 Advanced Metering Infrastructure (AMI) 53

5 Segmentation of Global Market by Product Type 54

5.1 Market Overview by Product Type 54

5.2 Smart Diaphragm Gas Meter 56

5.3 Smart Ultrasonic Gas Meter 57

6 Segmentation of Global Market by Smart Card 58

6.1 Market Overview by Smart Card 58

6.2 CPU Card-based Meters 60

6.3 RFID Card-based Meters 61

6.4 Other Card-based Meters 62

7 Segmentation of Global Market by End Use 63

7.1 Market Overview by End Use 63

7.2 Residential Use 65

7.3 Commercial Use 66

7.4 Industrial Use 67

8 Segmentation of Global Market by Region 68

8.1 Geographic Market Overview 2022-2032 68

8.2 North America Market 2022-2032 by Country 74

8.2.1 Overview of North America Market 74

8.2.2 U.S. 77

8.2.3 Canada 80

8.2.4 Mexico 82

8.3 European Market 2022-2032 by Country 84

8.3.1 Overview of European Market 84

8.3.2 Germany 87

8.3.3 UK 89

8.3.4 France 91

8.3.5 Spain 93

8.3.6 Italy 95

8.3.7 Russia 97

8.3.8 Rest of European Market 99

8.4 Asia-Pacific Market 2022-2032 by Country 101

8.4.1 Overview of Asia-Pacific Market 101

8.4.2 Japan 104

8.4.3 China 107

8.4.4 Australia 109

8.4.5 India 111

8.4.6 South Korea 113

8.4.7 Rest of APAC Region 115

8.5 South America Market 2022-2032 by Country 117

8.5.1 Argentina 120

8.5.2 Brazil 122

8.5.3 Chile 124

8.5.4 Rest of South America Market 126

8.6 MEA Market 2022-2032 by Country 127

8.6.1 UAE 130

8.6.2 Saudi Arabia 132

8.6.3 South Africa 134

8.6.4 Other National Markets 136

9 Competitive Landscape 137

9.1 Overview of Key Vendors 137

9.2 New Product Launch, Partnership, Investment, and M&A 140

9.3 Company Profiles 141

Aclara Technologies 141

AEM 143

Aichi Tokei Denki Co. Ltd. 145

Apator SA 147

Azbil Kimmon Co. Ltd (Azbil Corporation) 149

Badger Meter, Inc. 152

Chongqing Shancheng Gas Equipment Co., Ltd. 154

Dandong Dongfa (Group) Co., Ltd. 155

Diehl Stiftung GmbH & Co. KG 156

EDMI Ltd. 158

Elster Group GmbH (Honeywell International Inc.) 160

Holley Technology Ltd. (Zhejiang Huamei Holding Co., Ltd.) 162

Itron Inc. 165

Landis + GYR Group AG 168

Pietro Fiorentini SpA 170

Sagemcom SAS 173

Schneider Electric SE 176

Sensus Usa Inc. (Xylem Inc.) 179

Siemens AG 181

Wasion Group Holdings 185

Yazaki Corporation 188

Zenner International GmbH & Co. KG 190

Related Reports and Products 192

List of Tables:

Table 1. Snapshot of Global Smart Gas Meter Market in Balanced Perspective, 2022-2032 19

Table 2. World Economic Outlook, 2021-2031 24

Table 3. World Economic Outlook, 2021-2023 25

Table 4. Scenarios for Economic Impact of Ukraine Crisis 29

Table 5. Main Product Trends and Market Opportunities in Global Smart Gas Meter Market 38

Table 6. Global Smart Gas Meter Market by Component, 2022-2032, $ mn 46

Table 7. Global Smart Gas Meter Market by Technology, 2022-2032, $ mn 50

Table 8. Global Smart Gas Meter Market by Product Type, 2022-2032, $ mn 54

Table 9. Global Smart Gas Meter Market by Smart Card, 2022-2032, $ mn 58

Table 10. Global Smart Gas Meter Market by End Use, 2022-2032, $ mn 63

Table 11. Global Smart Gas Meter Market by Region, 2022-2032, $ mn 69

Table 12. Global Smart Gas Meter Market by Region, 2022-2032, million units 71

Table 13. Leading National Smart Gas Meter Market, 2022 and 2032, $ mn 73

Table 14. North America Smart Gas Meter Market by Country, 2022-2032, $ mn 76

Table 15. U.S. Smart Gas Meter Market by Component, 2022-2032, $ mn 79

Table 16. U.S. Smart Gas Meter Market by Technology, 2022-2032, $ mn 79

Table 17. U.S. Smart Gas Meter Market by End Use, 2022-2032, $ mn 79

Table 18. Canada Smart Gas Meter Market by Component, 2022-2032, $ mn 81

Table 19. Canada Smart Gas Meter Market by Technology, 2022-2032, $ mn 81

Table 20. Canada Smart Gas Meter Market by End Use, 2022-2032, $ mn 81

Table 21. Mexico Smart Gas Meter Market by Component, 2022-2032, $ mn 83

Table 22. Mexico Smart Gas Meter Market by Technology, 2022-2032, $ mn 83

Table 23. Mexico Smart Gas Meter Market by End Use, 2022-2032, $ mn 83

Table 24. Europe Smart Gas Meter Market by Country, 2022-2032, $ mn 86

Table 25. Germany Smart Gas Meter Market by Component, 2022-2032, $ mn 88

Table 26. Germany Smart Gas Meter Market by Technology, 2022-2032, $ mn 88

Table 27. Germany Smart Gas Meter Market by End Use, 2022-2032, $ mn 88

Table 28. UK Smart Gas Meter Market by Component, 2022-2032, $ mn 90

Table 29. UK Smart Gas Meter Market by Technology, 2022-2032, $ mn 90

Table 30. UK Smart Gas Meter Market by End Use, 2022-2032, $ mn 90

Table 31. France Smart Gas Meter Market by Component, 2022-2032, $ mn 92

Table 32. France Smart Gas Meter Market by Technology, 2022-2032, $ mn 92

Table 33. France Smart Gas Meter Market by End Use, 2022-2032, $ mn 92

Table 34. Spain Smart Gas Meter Market by Component, 2022-2032, $ mn 94

Table 35. Spain Smart Gas Meter Market by Technology, 2022-2032, $ mn 94

Table 36. Spain Smart Gas Meter Market by End Use, 2022-2032, $ mn 94

Table 37. Italy Smart Gas Meter Market by Component, 2022-2032, $ mn 96

Table 38. Italy Smart Gas Meter Market by Technology, 2022-2032, $ mn 96

Table 39. Italy Smart Gas Meter Market by End Use, 2022-2032, $ mn 96

Table 40. Russia Smart Gas Meter Market by Component, 2022-2032, $ mn 98

Table 41. Russia Smart Gas Meter Market by Technology, 2022-2032, $ mn 98

Table 42. Russia Smart Gas Meter Market by End Use, 2022-2032, $ mn 98

Table 43. Smart Gas Meter Market in Rest of Europe by Country, 2022-2032, $ mn 100

Table 44. APAC Smart Gas Meter Market by Country, 2022-2032, $ mn 103

Table 45. Japan Smart Gas Meter Market by Component, 2022-2032, $ mn 106

Table 46. Japan Smart Gas Meter Market by Technology, 2022-2032, $ mn 106

Table 47. Japan Smart Gas Meter Market by End Use, 2022-2032, $ mn 106

Table 48. China Smart Gas Meter Market by Component, 2022-2032, $ mn 108

Table 49. China Smart Gas Meter Market by Technology, 2022-2032, $ mn 108

Table 50. China Smart Gas Meter Market by End Use, 2022-2032, $ mn 108

Table 51. Australia Smart Gas Meter Market by Component, 2022-2032, $ mn 110

Table 52. Australia Smart Gas Meter Market by Technology, 2022-2032, $ mn 110

Table 53. Australia Smart Gas Meter Market by End Use, 2022-2032, $ mn 110

Table 54. India Smart Gas Meter Market by Component, 2022-2032, $ mn 112

Table 55. India Smart Gas Meter Market by Technology, 2022-2032, $ mn 112

Table 56. India Smart Gas Meter Market by End Use, 2022-2032, $ mn 112

Table 57. South Korea Smart Gas Meter Market by Component, 2022-2032, $ mn 114

Table 58. South Korea Smart Gas Meter Market by Technology, 2022-2032, $ mn 114

Table 59. South Korea Smart Gas Meter Market by End Use, 2022-2032, $ mn 114

Table 60. Smart Gas Meter Market in Rest of APAC by Country/Region, 2022-2032, $ mn 116

Table 61. South America Smart Gas Meter Market by Country, 2022-2032, $ mn 119

Table 62. Argentina Smart Gas Meter Market by Component, 2022-2032, $ mn 121

Table 63. Argentina Smart Gas Meter Market by Technology, 2022-2032, $ mn 121

Table 64. Argentina Smart Gas Meter Market by End Use, 2022-2032, $ mn 121

Table 65. Brazil Smart Gas Meter Market by Component, 2022-2032, $ mn 123

Table 66. Brazil Smart Gas Meter Market by Technology, 2022-2032, $ mn 123

Table 67. Brazil Smart Gas Meter Market by End Use, 2022-2032, $ mn 123

Table 68. Chile Smart Gas Meter Market by Component, 2022-2032, $ mn 125

Table 69. Chile Smart Gas Meter Market by Technology, 2022-2032, $ mn 125

Table 70. Chile Smart Gas Meter Market by End Use, 2022-2032, $ mn 125

Table 71. MEA Smart Gas Meter Market by Country, 2022-2032, $ mn 129

Table 72. UAE Smart Gas Meter Market by Component, 2022-2032, $ mn 131

Table 73. UAE Smart Gas Meter Market by Technology, 2022-2032, $ mn 131

Table 74. UAE Smart Gas Meter Market by End Use, 2022-2032, $ mn 131

Table 75. Saudi Arabia Smart Gas Meter Market by Component, 2022-2032, $ mn 133

Table 76. Saudi Arabia Smart Gas Meter Market by Technology, 2022-2032, $ mn 133

Table 77. Saudi Arabia Smart Gas Meter Market by End Use, 2022-2032, $ mn 133

Table 78. South Africa Smart Gas Meter Market by Component, 2022-2032, $ mn 135

Table 79. South Africa Smart Gas Meter Market by Technology, 2022-2032, $ mn 135

Table 80. South Africa Smart Gas Meter Market by End Use, 2022-2032, $ mn 135

Table 81. Aclara Technologies: Company Snapshot 141

Table 82. Aclara Technologies: Business Segmentation 142

Table 83. Aclara Technologies: Product Portfolio 142

Table 84. AEM: Company Snapshot 143

Table 85. Aichi Tokei Denki Co. Ltd.: Company Snapshot 145

Table 86. Aichi Tokei Denki Co. Ltd.: Product Portfolio 146

Table 87. Apator SA: Company Snapshot 147

Table 88. Apator SA: Business Segmentation 148

Table 89. Apator SA: Revenue by Region 148

Table 90. Apator SA: Product Portfolio 148

Table 91. Azbil Kimmon Co. Ltd (Azbil Corporation): Company Snapshot 149

Table 92. Azbil Kimmon Co. Ltd (Azbil Corporation): Business Segmentation 150

Table 93. Azbil Kimmon Co. Ltd (Azbil Corporation): Revenue by Region 150

Table 94. Azbil Kimmon Co. Ltd (Azbil Corporation): Product Portfolio 151

Table 95. Badger Meter, Inc.: Company Snapshot 152

Table 96. Badger Meter, Inc.: Revenue by Region 152

Table 97. Badger Meter, Inc.: Product Portfolio 153

Table 98. Chongqing Shancheng Gas Equipment Co., Ltd.: Company Snapshot 154

Table 99. Dandong Dongfa (Group) Co., Ltd.: Company Snapshot 155

Table 100. Diehl Stiftung GmbH & Co. KG: Company Snapshot 156

Table 101. Diehl Stiftung GmbH & Co. KG: Business Segmentation 157

Table 102. Diehl Stiftung GmbH & Co. KG: Product Portfolio 157

Table 103. EDMI Ltd.: Company Snapshot 158

Table 104. EDMI Ltd.: Product Portfolio 158

Table 105. Elster Group GmbH (Honeywell International Inc.): Company Snapshot 160

Table 106. Elster Group GmbH (Honeywell International Inc.): Business Segmentation 161

Table 107. Elster Group GmbH (Honeywell International Inc.): Revenue by Region 161

Table 108. Elster Group GmbH (Honeywell International Inc.): Product Portfolio 161

Table 109. Holley Technology Ltd. (Zhejiang Huamei Holding Co., Ltd.): Company Snapshot 162

Table 110. Holley Technology Ltd. (Zhejiang Huamei Holding Co., Ltd.): Product Portfolio 163

Table 111. Itron Inc.: Company Snapshot 165

Table 112. Itron Inc.: Business Segmentation 166

Table 113. Itron Inc.: Revenue by Region 166

Table 114. Itron Inc.: Product Portfolio 166

Table 115. Landis + GYR Group AG: Company Snapshot 168

Table 116. Landis + GYR Group AG: Revenue by Region 168

Table 117. Landis + GYR Group AG: Product Portfolio 169

Table 118. Pietro Fiorentini SpA: Company Snapshot 170

Table 119. Pietro Fiorentini SpA: Product Portfolio 171

Table 120. Sagemcom SAS: Company Snapshot 173

Table 121. Sagemcom SAS: Business Segmentation 174

Table 122. Sagemcom SAS: Product Portfolio 174

Table 123. Schneider Electric SE: Company Snapshot 176

Table 124. Schneider Electric SE: Business Segmentation 176

Table 125. Schneider Electric SE: Revenue by Region 177

Table 126. Sensus Usa Inc. (Xylem Inc.): Company Snapshot 179

Table 127. Sensus Usa Inc. (Xylem Inc.): Business Segmentation 180

Table 128. Sensus Usa Inc. (Xylem Inc.): Revenue by Region 180

Table 129. Sensus Usa Inc. (Xylem Inc.): Product Portfolio 180

Table 130. Siemens AG: Company Snapshot 181

Table 131. Siemens AG: Business Segmentation 181

Table 132. Siemens AG: Revenue by Region 182

Table 133. Wasion Group Holdings: Company Snapshot 185

Table 134. Wasion Group Holdings: Business Segmentation 186

Table 135. Wasion Group Holdings: Revenue by Region 186

Table 136. Wasion Group Holdings: Product Portfolio 186

Table 137. Yazaki Corporation: Company Snapshot 188

Table 138. Yazaki Corporation: Revenue by Region 188

Table 139. Yazaki Corporation: Product Portfolio 189

Table 140. Zenner International GmbH & Co. KG: Company Snapshot 190

Table 141. Zenner International GmbH & Co. KG: Product Portfolio 191

List of Figures:

Figure 1. Research Method Flow Chart 13

Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 16

Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 18

Figure 4. Global Smart Gas Meter Market by Value, 2022-2032, $ mn 21

Figure 5. Global Smart Gas Meter Market by Volume, 2022-2032, million units 22

Figure 6. Impact of COVID-19 on Business 26

Figure 7. Primary Drivers and Impact Factors of Global Smart Gas Meter Market 32

Figure 8. Primary Restraints and Impact Factors of Global Smart Gas Meter Market 35

Figure 9. Investment Opportunity Analysis 39

Figure 10. Porter’s Fiver Forces Analysis of Global Smart Gas Meter Market 42

Figure 11. Breakdown of Global Smart Gas Meter Market by Component, 2022-2032, % of Revenue 46

Figure 12. Contribution to Global 2023-2032 Cumulative Revenue by Component, Value ($ mn) and Share (%) 47

Figure 13. Global Smart Gas Meter Market: Hardware, 2022-2032, $ mn 48

Figure 14. Global Smart Gas Meter Market: Software & Service, 2022-2032, $ mn 49

Figure 15. Breakdown of Global Smart Gas Meter Market by Technology, 2022-2032, % of Revenue 50

Figure 16. Contribution to Global 2023-2032 Cumulative Revenue by Technology, Value ($ mn) and Share (%) 51

Figure 17. Global Smart Gas Meter Market: Automatic Meter Reading (AMR), 2022-2032, $ mn 52

Figure 18. Global Smart Gas Meter Market: Advanced Metering Infrastructure (AMI), 2022-2032, $ mn 53

Figure 19. Breakdown of Global Smart Gas Meter Market by Product Type, 2022-2032, % of Revenue 54

Figure 20. Contribution to Global 2023-2032 Cumulative Revenue by Product Type, Value ($ mn) and Share (%) 55

Figure 21. Global Smart Gas Meter Market: Smart Diaphragm Gas Meter, 2022-2032, $ mn 56

Figure 22. Global Smart Gas Meter Market: Smart Ultrasonic Gas Meter, 2022-2032, $ mn 57

Figure 23. Breakdown of Global Smart Gas Meter Market by Smart Card, 2022-2032, % of Revenue 58

Figure 24. Contribution to Global 2023-2032 Cumulative Revenue by Smart Card, Value ($ mn) and Share (%) 59

Figure 25. Global Smart Gas Meter Market: CPU Card-based Meters, 2022-2032, $ mn 60

Figure 26. Global Smart Gas Meter Market: RFID Card-based Meters, 2022-2032, $ mn 61

Figure 27. Global Smart Gas Meter Market: Other Card-based Meters, 2022-2032, $ mn 62

Figure 28. Breakdown of Global Smart Gas Meter Market by End Use, 2022-2032, % of Revenue 63

Figure 29. Contribution to Global 2023-2032 Cumulative Revenue by End Use, Value ($ mn) and Share (%) 64

Figure 30. Global Smart Gas Meter Market: Residential Use, 2022-2032, $ mn 65

Figure 31. Global Smart Gas Meter Market: Commercial Use, 2022-2032, $ mn 66

Figure 32. Global Smart Gas Meter Market: Industrial Use, 2022-2032, $ mn 67

Figure 33. Global Market Snapshot by Region 68

Figure 34. Geographic Spread of Worldwide Smart Gas Meter Market, 2022-2032, % of Revenue 69

Figure 35. Contribution to Global 2023-2032 Cumulative Revenue by Region, Value ($ mn) and Share (%) 70

Figure 36. Geographic Spread of Worldwide Smart Gas Meter Market, 2022-2032, % of Volume 71

Figure 37. Contribution to Global 2023-2032 Cumulative Revenue by Region, Volume (million units) and Share (%) 72

Figure 38. North American Smart Gas Meter Market, 2022-2032, $ mn 75

Figure 39. Breakdown of North America Smart Gas Meter Market by Country, 2022 and 2032, % of Revenue 75

Figure 40. Contribution to North America 2023-2032 Cumulative Revenue by Country, Value ($ mn) and Share (%) 76

Figure 41. U.S. Smart Gas Meter Market, 2022-2032, $ mn 78

Figure 42. Canada Smart Gas Meter Market, 2022-2032, $ mn 80

Figure 43. Smart Gas Meter Market in Mexico, 2022-2032, $ mn 82

Figure 44. European Smart Gas Meter Market, 2022-2032, $ mn 85

Figure 45. Breakdown of European Smart Gas Meter Market by Country, 2022 and 2032, % of Revenue 85

Figure 46. Contribution to Europe 2023-2032 Cumulative Revenue by Country, Value ($ mn) and Share (%) 86

Figure 47. Smart Gas Meter Market in Germany, 2022-2032, $ mn 87

Figure 48. Smart Gas Meter Market in UK, 2022-2032, $ mn 89

Figure 49. Smart Gas Meter Market in France, 2022-2032, $ mn 91

Figure 50. Smart Gas Meter Market in Spain, 2022-2032, $ mn 93

Figure 51. Smart Gas Meter Market in Italy, 2022-2032, $ mn 95

Figure 52. Smart Gas Meter Market in Russia, 2022-2032, $ mn 97

Figure 53. Smart Gas Meter Market in Rest of Europe, 2022-2032, $ mn 99

Figure 54. Asia-Pacific Smart Gas Meter Market, 2022-2032, $ mn 102

Figure 55. Breakdown of APAC Smart Gas Meter Market by Country, 2022 and 2032, % of Revenue 102

Figure 56. Contribution to APAC 2023-2032 Cumulative Revenue by Country, Value ($ mn) and Share (%) 103

Figure 57. Smart Gas Meter Market in Japan, 2022-2032, $ mn 105

Figure 58. Smart Gas Meter Market in China, 2022-2032, $ mn 107

Figure 59. Smart Gas Meter Market in Australia, 2022-2032, $ mn 109

Figure 60. Smart Gas Meter Market in India, 2022-2032, $ mn 111

Figure 61. Smart Gas Meter Market in South Korea, 2022-2032, $ mn 113

Figure 62. Smart Gas Meter Market in Rest of APAC, 2022-2032, $ mn 115

Figure 63. South America Smart Gas Meter Market, 2022-2032, $ mn 118

Figure 64. Breakdown of South America Smart Gas Meter Market by Country, 2022 and 2032, % of Revenue 118

Figure 65. Contribution to South America 2023-2032 Cumulative Revenue by Country, Value ($ mn) and Share (%) 119

Figure 66. Smart Gas Meter Market in Argentina, 2022-2032, $ mn 120

Figure 67. Smart Gas Meter Market in Brazil, 2022-2032, $ mn 122

Figure 68. Smart Gas Meter Market in Chile, 2022-2032, $ mn 124

Figure 69. Smart Gas Meter Market in Rest of South America, 2022-2032, $ mn 126

Figure 70. Smart Gas Meter Market in Middle East and Africa (MEA), 2022-2032, $ mn 128

Figure 71. Breakdown of MEA Smart Gas Meter Market by Country, 2022 and 2032, % of Revenue 128

Figure 72. Contribution to MEA 2023-2032 Cumulative Revenue by Country, Value ($ mn) and Share (%) 129

Figure 73. Smart Gas Meter Market in UAE, 2022-2032, $ mn 130

Figure 74. Smart Gas Meter Market in Saudi Arabia, 2022-2032, $ mn 132

Figure 75. Smart Gas Meter Market in South Africa, 2022-2032, $ mn 134

Figure 76. Growth Stage of Global Smart Gas Meter Industry over the Forecast Period 137

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

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

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.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

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

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)