The Europe Smart Gas Meter Market would witness market growth of 4.6% CAGR during the forecast period (2021-2027). A digital meter that keeps track of utility utilization and shares the required information with the utility suppliers is known as a smart meter.
The smart meter utilizes two-way communication; firstly, it keeps track of data utilization and then transfers the information to the utility organizations. These meters are considered electric meters that will offer information about the consumption of energy by the end-users. A smart meter is one of the major parts of the smart grid that helps in the management of energy distribution and consumption in order to develop coordination, control, and communication. These meters comprise three components viz. microcontroller, power system, and communication interface.
There has been the highest number of rollouts in the Europe region by numerous countries in order to improve their smart gas meter installations. The installations of smart gas meters have been fuelled due to the switch towards renewable ways to attain long-term and short-term green energy objectives. The existence of leading market players and passionate gas meter rollouts helped Europe to become an attractive region to enhance business regarding smart gas meter sales. Leading countries in the region that have adopted massive smart gas meters rollouts are Italy, UK, Spain, Luxemburg, and Sweden. Observing the plans of these countries, other nations have also encouraged their smart gas meter installations. This, in turn, would boost the development of the regional market during the forecast period.
Factors like the advancement of communication network infrastructure, massive advancement in the domain of advanced metering infrastructure, and favorable government regulations act as catalysts for the growth of the smart gas meter market. Utilities are installing these solutions for their massive advantages. For example, in May 2020, the utility Indianapolis Power & Light opted for Landis+Gyr to increase its ultra-modern infrastructure program. They would make use of 350,000 smart meters and update the utility’s current network in order to optimize data telemetry by already installed smart meters, which would aid them in improving the management of energy distribution, incorporation of renewable resources, consumer energy efficiency, and quality of service. The growth of the smart gas meter market would be driven by the constant and massive development & demand for the advanced metering framework.
The Germany market dominated the Europe Advanced Metering Infrastructure (AMI) Smart Gas Meter Market by Country 2020, thereby, achieving a market value of $59.4 million by 2027. The UK market is exhibiting a CAGR of 4.7% during (2021 - 2027). Additionally, The France market is poised to witness a CAGR of 6.3% during (2021 - 2027).
Based on Type, the market is segmented into Smart Diaphragm Gas Meter and Smart Ultrasonic Gas Meter. Based on Technology, the market is segmented into Automated Meter Reading (AMR) and Advanced Metering Infrastructure (AMI). Based on Component, the market is segmented into Hardware and Software. Based on End User, the market is segmented into Residential, Commercial and Industrial. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Smart Gas Meter Market Size will Hit $2.8 Billion by 2027, at a CAGR of 4.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., Fujitsu Limited, Xylem, Inc. (Sensus), Landis+Gyr Group AG, Itron, Inc., Apator S.A., Diehl Stiftung & Co. KG, Wasion Group (Star Treasure Investments Holdings Limited), Arad Group, and Hubbell, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Smart Diaphragm Gas Meter
- Smart Ultrasonic Gas Meter
By Technology
- Automated Meter Reading (AMR)
- Advanced Metering Infrastructure (AMI)
By Component
By End User
- Residential
- Commercial
- Industrial
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Honeywell International, Inc.
- Fujitsu Limited
- Xylem, Inc. (Sensus)
- Landis+Gyr Group AG
- Itron, Inc.
- Apator S.A.
- Diehl Stiftung & Co. KG
- Wasion Group (Star Treasure Investments Holdings Limited)
- Arad Group
- Hubbell, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Smart Gas Meter Market, by Type
1.4.2 Europe Smart Gas Meter Market, by Technology
1.4.3 Europe Smart Gas Meter Market, by Component
1.4.4 Europe Smart Gas Meter Market, by End User
1.4.5 Europe Smart Gas Meter Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
Chapter 4. Europe Smart Gas Meter Market by Type
4.1 Europe Smart Diaphragm Gas Meter Market by Country
4.2 Europe Smart Ultrasonic Gas Meter Market by Country
Chapter 5. Europe Smart Gas Meter Market by Technology
5.1 Europe Automated Meter Reading (AMR) Smart Gas Meter Market by Country
5.2 Europe Advanced Metering Infrastructure (AMI) Smart Gas Meter Market by Country
Chapter 6. Europe Smart Gas Meter Market by Component
6.1 Europe Hardware Smart Gas Meter Market by Country
6.2 Europe Software Smart Gas Meter Market by Country
Chapter 7. Europe Smart Gas Meter Market by End User
7.1 Europe Residential Smart Gas Meter Market by Country
7.2 Europe Commercial Smart Gas Meter Market by Country
7.3 Europe Industrial Smart Gas Meter Market by Country
Chapter 8. Europe Smart Gas Meter Market by Country
8.1 Germany Smart Gas Meter Market
8.1.1 Germany Smart Gas Meter Market by Type
8.1.2 Germany Smart Gas Meter Market by Technology
8.1.3 Germany Smart Gas Meter Market by Component
8.1.4 Germany Smart Gas Meter Market by End User
8.2 UK Smart Gas Meter Market
8.2.1 UK Smart Gas Meter Market by Type
8.2.2 UK Smart Gas Meter Market by Technology
8.2.3 UK Smart Gas Meter Market by Component
8.2.4 UK Smart Gas Meter Market by End User
8.3 France Smart Gas Meter Market
8.3.1 France Smart Gas Meter Market by Type
8.3.2 France Smart Gas Meter Market by Technology
8.3.3 France Smart Gas Meter Market by Component
8.3.4 France Smart Gas Meter Market by End User
8.4 Russia Smart Gas Meter Market
8.4.1 Russia Smart Gas Meter Market by Type
8.4.2 Russia Smart Gas Meter Market by Technology
8.4.3 Russia Smart Gas Meter Market by Component
8.4.4 Russia Smart Gas Meter Market by End User
8.5 Spain Smart Gas Meter Market
8.5.1 Spain Smart Gas Meter Market by Type
8.5.2 Spain Smart Gas Meter Market by Technology
8.5.3 Spain Smart Gas Meter Market by Component
8.5.4 Spain Smart Gas Meter Market by End User
8.6 Italy Smart Gas Meter Market
8.6.1 Italy Smart Gas Meter Market by Type
8.6.2 Italy Smart Gas Meter Market by Technology
8.6.3 Italy Smart Gas Meter Market by Component
8.6.4 Italy Smart Gas Meter Market by End User
8.7 Rest of Europe Smart Gas Meter Market
8.7.1 Rest of Europe Smart Gas Meter Market by Type
8.7.2 Rest of Europe Smart Gas Meter Market by Technology
8.7.3 Rest of Europe Smart Gas Meter Market by Component
8.7.4 Rest of Europe Smart Gas Meter Market by End User
Chapter 9. Company Profiles
9.1 Honeywell International, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional & Segmental Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Fujitsu Limited
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 SWOT Analysis
9.3 Xylem, Inc. (Sensus)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.1 Recent strategies and developments:
9.3.1.1 Product Launches and Product Expansions:
9.3.1.2 Geographical Expansions:
9.4 Landis+Gyr Group AG
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research and Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.5 Itron, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Product Launches and Product Expansions:
9.6 Apator S.A.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.7 Diehl Stiftung & Co. KG
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Research & Development Expense
9.7.4 Recent strategies and developments:
9.7.4.1 Partnerships, Collaborations, and Agreements:
9.8 Wasion Group (Star Treasure Investments Holdings Limited)
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional & Segmental Analysis
9.8.4 Research & Development Expenses
9.9 Arad Group
9.9.1 Company Overview
9.10. Hubbell, Inc.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
TABLE 1 Europe Smart Gas Meter Market, 2017 - 2020, USD Million
TABLE 2 Europe Smart Gas Meter Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Gas Meter Market
TABLE 4 Product Launches And Product Expansions– Smart Gas Meter Market
TABLE 5 Geographical Expansions– Smart Gas Meter Market
TABLE 6 Europe Smart Gas Meter Market by Type, 2017 - 2020, USD Million
TABLE 7 Europe Smart Gas Meter Market by Type, 2021 - 2027, USD Million
TABLE 8 Europe Smart Diaphragm Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 9 Europe Smart Diaphragm Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 10 Europe Smart Ultrasonic Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 11 Europe Smart Ultrasonic Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 12 Europe Smart Gas Meter Market by Technology, 2017 - 2020, USD Million
TABLE 13 Europe Smart Gas Meter Market by Technology, 2021 - 2027, USD Million
TABLE 14 Europe Automated Meter Reading (AMR) Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 15 Europe Automated Meter Reading (AMR) Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 16 Europe Advanced Metering Infrastructure (AMI) Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 17 Europe Advanced Metering Infrastructure (AMI) Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 18 Europe Smart Gas Meter Market by Component, 2017 - 2020, USD Million
TABLE 19 Europe Smart Gas Meter Market by Component, 2021 - 2027, USD Million
TABLE 20 Europe Hardware Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 21 Europe Hardware Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 22 Europe Software Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 23 Europe Software Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 24 Europe Smart Gas Meter Market by End User, 2017 - 2020, USD Million
TABLE 25 Europe Smart Gas Meter Market by End User, 2021 - 2027, USD Million
TABLE 26 Europe Residential Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 27 Europe Residential Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 28 Europe Commercial Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 29 Europe Commercial Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 30 Europe Industrial Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 31 Europe Industrial Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 32 Europe Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 33 Europe Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 34 Germany Smart Gas Meter Market, 2017 - 2020, USD Million
TABLE 35 Germany Smart Gas Meter Market, 2021 - 2027, USD Million
TABLE 36 Germany Smart Gas Meter Market by Type, 2017 - 2020, USD Million
TABLE 37 Germany Smart Gas Meter Market by Type, 2021 - 2027, USD Million
TABLE 38 Germany Smart Gas Meter Market by Technology, 2017 - 2020, USD Million
TABLE 39 Germany Smart Gas Meter Market by Technology, 2021 - 2027, USD Million
TABLE 40 Germany Smart Gas Meter Market by Component, 2017 - 2020, USD Million
TABLE 41 Germany Smart Gas Meter Market by Component, 2021 - 2027, USD Million
TABLE 42 Germany Smart Gas Meter Market by End User, 2017 - 2020, USD Million
TABLE 43 Germany Smart Gas Meter Market by End User, 2021 - 2027, USD Million
TABLE 44 UK Smart Gas Meter Market, 2017 - 2020, USD Million
TABLE 45 UK Smart Gas Meter Market, 2021 - 2027, USD Million
TABLE 46 UK Smart Gas Meter Market by Type, 2017 - 2020, USD Million
TABLE 47 UK Smart Gas Meter Market by Type, 2021 - 2027, USD Million
TABLE 48 UK Smart Gas Meter Market by Technology, 2017 - 2020, USD Million
TABLE 49 UK Smart Gas Meter Market by Technology, 2021 - 2027, USD Million
TABLE 50 UK Smart Gas Meter Market by Component, 2017 - 2020, USD Million
TABLE 51 UK Smart Gas Meter Market by Component, 2021 - 2027, USD Million
TABLE 52 UK Smart Gas Meter Market by End User, 2017 - 2020, USD Million
TABLE 53 UK Smart Gas Meter Market by End User, 2021 - 2027, USD Million
TABLE 54 France Smart Gas Meter Market, 2017 - 2020, USD Million
TABLE 55 France Smart Gas Meter Market, 2021 - 2027, USD Million
TABLE 56 France Smart Gas Meter Market by Type, 2017 - 2020, USD Million
TABLE 57 France Smart Gas Meter Market by Type, 2021 - 2027, USD Million
TABLE 58 France Smart Gas Meter Market by Technology, 2017 - 2020, USD Million
TABLE 59 France Smart Gas Meter Market by Technology, 2021 - 2027, USD Million
TABLE 60 France Smart Gas Meter Market by Component, 2017 - 2020, USD Million
TABLE 61 France Smart Gas Meter Market by Component, 2021 - 2027, USD Million
TABLE 62 France Smart Gas Meter Market by End User, 2017 - 2020, USD Million
TABLE 63 France Smart Gas Meter Market by End User, 2021 - 2027, USD Million
TABLE 64 Russia Smart Gas Meter Market, 2017 - 2020, USD Million
TABLE 65 Russia Smart Gas Meter Market, 2021 - 2027, USD Million
TABLE 66 Russia Smart Gas Meter Market by Type, 2017 - 2020, USD Million
TABLE 67 Russia Smart Gas Meter Market by Type, 2021 - 2027, USD Million
TABLE 68 Russia Smart Gas Meter Market by Technology, 2017 - 2020, USD Million
TABLE 69 Russia Smart Gas Meter Market by Technology, 2021 - 2027, USD Million
TABLE 70 Russia Smart Gas Meter Market by Component, 2017 - 2020, USD Million
TABLE 71 Russia Smart Gas Meter Market by Component, 2021 - 2027, USD Million
TABLE 72 Russia Smart Gas Meter Market by End User, 2017 - 2020, USD Million
TABLE 73 Russia Smart Gas Meter Market by End User, 2021 - 2027, USD Million
TABLE 74 Spain Smart Gas Meter Market, 2017 - 2020, USD Million
TABLE 75 Spain Smart Gas Meter Market, 2021 - 2027, USD Million
TABLE 76 Spain Smart Gas Meter Market by Type, 2017 - 2020, USD Million
TABLE 77 Spain Smart Gas Meter Market by Type, 2021 - 2027, USD Million
TABLE 78 Spain Smart Gas Meter Market by Technology, 2017 - 2020, USD Million
TABLE 79 Spain Smart Gas Meter Market by Technology, 2021 - 2027, USD Million
TABLE 80 Spain Smart Gas Meter Market by Component, 2017 - 2020, USD Million
TABLE 81 Spain Smart Gas Meter Market by Component, 2021 - 2027, USD Million
TABLE 82 Spain Smart Gas Meter Market by End User, 2017 - 2020, USD Million
TABLE 83 Spain Smart Gas Meter Market by End User, 2021 - 2027, USD Million
TABLE 84 Italy Smart Gas Meter Market, 2017 - 2020, USD Million
TABLE 85 Italy Smart Gas Meter Market, 2021 - 2027, USD Million
TABLE 86 Italy Smart Gas Meter Market by Type, 2017 - 2020, USD Million
TABLE 87 Italy Smart Gas Meter Market by Type, 2021 - 2027, USD Million
TABLE 88 Italy Smart Gas Meter Market by Technology, 2017 - 2020, USD Million
TABLE 89 Italy Smart Gas Meter Market by Technology, 2021 - 2027, USD Million
TABLE 90 Italy Smart Gas Meter Market by Component, 2017 - 2020, USD Million
TABLE 91 Italy Smart Gas Meter Market by Component, 2021 - 2027, USD Million
TABLE 92 Italy Smart Gas Meter Market by End User, 2017 - 2020, USD Million
TABLE 93 Italy Smart Gas Meter Market by End User, 2021 - 2027, USD Million
TABLE 94 Rest of Europe Smart Gas Meter Market, 2017 - 2020, USD Million
TABLE 95 Rest of Europe Smart Gas Meter Market, 2021 - 2027, USD Million
TABLE 96 Rest of Europe Smart Gas Meter Market by Type, 2017 - 2020, USD Million
TABLE 97 Rest of Europe Smart Gas Meter Market by Type, 2021 - 2027, USD Million
TABLE 98 Rest of Europe Smart Gas Meter Market by Technology, 2017 - 2020, USD Million
TABLE 99 Rest of Europe Smart Gas Meter Market by Technology, 2021 - 2027, USD Million
TABLE 100 Rest of Europe Smart Gas Meter Market by Component, 2017 - 2020, USD Million
TABLE 101 Rest of Europe Smart Gas Meter Market by Component, 2021 - 2027, USD Million
TABLE 102 Rest of Europe Smart Gas Meter Market by End User, 2017 - 2020, USD Million
TABLE 103 Rest of Europe Smart Gas Meter Market by End User, 2021 - 2027, USD Million
TABLE 104 Key information – Honeywell International, Inc.
TABLE 105 Key Information – Fujitsu Limited
TABLE 106 key information – Xylem, Inc.
TABLE 107 Key Information – Landis+Gyr Group AG
TABLE 108 Key Information – Itron, Inc.
TABLE 109 key information – Apator S.A.
TABLE 110 Key Information – Diehl Stiftung & Co. KG
TABLE 111 Key Information – Wasion Group
TABLE 112 key Information – Arad Group
TABLE 113 Key Information – Hubbell, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Recent strategies and developments: Honeywell International, Inc.
FIG 5 Swot analysis: Honeywell international, inc.
FIG 6 SWOT Analysis: Fujitsu Limited
FIG 7 Recent strategies and developments: Xylem, Inc.
FIG 8 Recent strategies and developments: Itron, Inc.