Global smart gas meter market will reach $3,799.9 million by 2027, growing by 6.4% annually over 2020-2027 driven by 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. The sales volume in million units will register a 2020-2027 CAGR of 9.0%.
Highlighted with 80 tables and 68 figures, this 150-page report “Global Smart Gas Meter Market 2020-2027 by Component (Hardware, Software), Technology (AMR, AMI), Product Type (Diaphragm, Ultrasonic), End Use (Residential, Commercial, Industrial), and Region: Trend Outlook 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 2017-2019 and provides estimate/forecast from 2020 till 2027 with 2019 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. 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, End Use, and Region.
Based on Component, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Hardware
• Software & Service
Based on Technology, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Automatic Meter Reading (AMR)
• Advanced Metering Infrastructure (AMI)
Based on Product Type, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Smart Diaphragm Gas Meter
• Smart Ultrasonic Gas Meter
Based on End Use, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Residential Use
• Commercial Use
• Industrial Use
Geographically, the following regions together with the listed national/local markets are fully investigated:
• 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)
• 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)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2017-2027. The breakdown of all regional markets by country and split of key national markets by Component, Technology, and End Use over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
Aclara Technologies
AEM
Aichi Tokei Denki Co. Ltd.
Apator SA.
Azbil Kimmon Co. Ltd (Azbil Corporation)
Badger Meter
Chongqing Shancheng Gas Equipment
Dandong Dongfa (Group)
Diehl Stiftung GmbH & Co. KG
EDMI
Elster Group GmbH (Honeywell International Inc.)
Holley Technology Ltd (Zhejiang Huamei Holding Co. Ltd)
Honeywell International Inc.
Itron Inc.
Landis + GYR Group AG
Pietro Fiorentini SpA
Sagemcom SAS
Schneider Electric SA
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 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 22
2.2 Major Growth Drivers 24
2.3 Market Restraints and Challenges 27
2.4 Emerging Opportunities and Market Trends 30
2.5 Porter’s Fiver Forces Analysis 34
3 Segmentation of Global Market by Component 38
3.1 Market Overview by Component 38
3.2 Hardware 40
3.3 Software & Service 41
4 Segmentation of Global Market by Technology 42
4.1 Market Overview by Technology 42
4.2 Automatic Meter Reading (AMR) 44
4.3 Advanced Metering Infrastructure (AMI) 45
5 Segmentation of Global Market by Product Type 46
5.1 Market Overview by Product Type 46
5.2 Smart Diaphragm Gas Meter 48
5.3 Smart Ultrasonic Gas Meter 49
6 Segmentation of Global Market by End Use 50
6.1 Market Overview by End Use 50
6.2 Residential Use 52
6.3 Commercial Use 53
6.4 Industrial Use 54
7 Segmentation of Global Market by Region 55
7.1 Geographic Market Overview 2020-2027 55
7.2 North America Market 2020-2027 by Country 59
7.2.1 Overview of North America Market 59
7.2.2 U.S. 62
7.2.3 Canada 65
7.2.4 Mexico 67
7.3 European Market 2020-2027 by Country 69
7.3.1 Overview of European Market 69
7.3.2 UK 72
7.3.3 France 74
7.3.4 Germany 76
7.3.5 Spain 78
7.3.6 Italy 80
7.3.7 Russia 82
7.3.8 Rest of European Market 84
7.4 Asia-Pacific Market 2020-2027 by Country 86
7.4.1 Overview of Asia-Pacific Market 86
7.4.2 China 89
7.4.3 Japan 91
7.4.4 India 94
7.4.5 Australia 96
7.4.6 South Korea 98
7.4.7 Rest of APAC Region 100
7.5 South America Market 2020-2027 by Country 102
7.5.1 Argentina 105
7.5.2 Brazil 107
7.5.3 Chile 109
7.5.4 Rest of South America Market 111
7.6 MEA Market 2020-2027 by Country 112
7.6.1 UAE 115
7.6.2 Saudi Arabia 117
7.6.3 South Africa 119
7.6.4 Other National Markets 121
8 Competitive Landscape 122
8.1 Overview of Key Vendors 122
8.2 New Product Launch, Partnership, Investment, and M&A 125
8.3 Company Profiles 126
Aclara Technologies 126
AEM 128
Aichi Tokei Denki Co. Ltd. 129
Apator SA. 130
Azbil Kimmon Co. Ltd (Azbil Corporation) 131
Badger Meter 132
Chongqing Shancheng Gas Equipment 133
Dandong Dongfa (Group) 134
Diehl Stiftung GmbH & Co. KG 135
EDMI 136
Elster Group GmbH (Honeywell International Inc.) 137
Holley Technology Ltd (Zhejiang Huamei Holding Co. Ltd) 138
Honeywell International Inc. 139
Itron Inc. 140
Landis + GYR Group AG 141
Pietro Fiorentini SpA 142
Sagemcom SAS 143
Schneider Electric SA 144
Sensus Usa Inc. (Xylem Inc.) 145
Siemens AG 146
Wasion Group Holdings 147
Yazaki Corporation 148
Zenner International GmbH & Co. KG 149
Related Reports and Products 150
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) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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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.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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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
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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