The Latin America, Middle East and Africa Smart Gas Meter Market would witness market growth of 4.9% CAGR during the forecast period (2021-2027). Smart grids are emerging technologies that have digitalized gas networks by offering utilities and consumers with the data for effective management of gas usage.
Energy utilities across the world are putting massive investments in smart grid technologies that allow automatic monitoring and regulating of gas consumption, development of new business models, and cut down outages & reduce response time at the time of natural calamities. At the end-use level, smart grids are able to allow demand flexibility and consumer participation in the energy system operation with the help of distributed generation and storage. By installing smart meters, companies can provide reliable energy and new efficiency products according to the demand from customers.
Baltimore Gas and Electric Company’s (BGE) Smart Grid Initiative comprised a nationwide installation of advanced metering infrastructure (AMI). The utility installed a customer web portal and home energy management reports, which assist in offering customers with the behavioral science-based representation of the utilization information to motivate home energy efficiency and conservation. A recently deployed customer care and billing system and meter data management system (MDMS) allow optimal utilization of the latest technologies.
Operational benefits like constantly monitoring pipelines, accessibility of real-time data, accuracy in operation, eliminating the need of noting meter reading manually will boost the adoption of smart gas metering. Moreover, the market growth is supported by the cost savings combined with the one-time investment in the smart meter. Combined with the benefits offered to the gas utilities, the smart gas meter has also specific advantages for customers that involve adjusting the user to control the monthly bills, comprehensive feedback in terms of energy usage, and decreases the number of system failures. These aspects would help the smart gas meter market to expand further during the forecast period.
The Residential market dominated the South Africa Smart Gas Meter Market by End User 2020, thereby, achieving a market value of $15.7 million by 2027, growing at a CAGR of 5.2 % during the forecast period. The Commercial market is expected to witness a CAGR of 6.1% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Smart Gas Meter Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Smart Gas Meter Market, by Type
1.4.2 LAMEA Smart Gas Meter Market, by Technology
1.4.3 LAMEA Smart Gas Meter Market, by Component
1.4.4 LAMEA Smart Gas Meter Market, by End User
1.4.5 LAMEA 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. LAMEA Smart Gas Meter Market by Type
4.1 LAMEA Smart Diaphragm Gas Meter Market by Country
4.2 LAMEA Smart Ultrasonic Gas Meter Market by Country
Chapter 5. LAMEA Smart Gas Meter Market by Technology
5.1 LAMEA Automated Meter Reading (AMR) Smart Gas Meter Market by Country
5.2 LAMEA Advanced Metering Infrastructure (AMI) Smart Gas Meter Market by Country
Chapter 6. LAMEA Smart Gas Meter Market by Component
6.1 LAMEA Hardware Smart Gas Meter Market by Country
6.2 LAMEA Software Smart Gas Meter Market by Country
Chapter 7. LAMEA Smart Gas Meter Market by End User
7.1 LAMEA Residential Smart Gas Meter Market by Country
7.2 LAMEA Commercial Smart Gas Meter Market by Country
7.3 LAMEA Industrial Smart Gas Meter Market by Country
Chapter 8. LAMEA Smart Gas Meter Market by Country
8.1 Brazil Smart Gas Meter Market
8.1.1 Brazil Smart Gas Meter Market by Type
8.1.2 Brazil Smart Gas Meter Market by Technology
8.1.3 Brazil Smart Gas Meter Market by Component
8.1.4 Brazil Smart Gas Meter Market by End User
8.2 Argentina Smart Gas Meter Market
8.2.1 Argentina Smart Gas Meter Market by Type
8.2.2 Argentina Smart Gas Meter Market by Technology
8.2.3 Argentina Smart Gas Meter Market by Component
8.2.4 Argentina Smart Gas Meter Market by End User
8.3 UAE Smart Gas Meter Market
8.3.1 UAE Smart Gas Meter Market by Type
8.3.2 UAE Smart Gas Meter Market by Technology
8.3.3 UAE Smart Gas Meter Market by Component
8.3.4 UAE Smart Gas Meter Market by End User
8.4 Saudi Arabia Smart Gas Meter Market
8.4.1 Saudi Arabia Smart Gas Meter Market by Type
8.4.2 Saudi Arabia Smart Gas Meter Market by Technology
8.4.3 Saudi Arabia Smart Gas Meter Market by Component
8.4.4 Saudi Arabia Smart Gas Meter Market by End User
8.5 South Africa Smart Gas Meter Market
8.5.1 South Africa Smart Gas Meter Market by Type
8.5.2 South Africa Smart Gas Meter Market by Technology
8.5.3 South Africa Smart Gas Meter Market by Component
8.5.4 South Africa Smart Gas Meter Market by End User
8.6 Nigeria Smart Gas Meter Market
8.6.1 Nigeria Smart Gas Meter Market by Type
8.6.2 Nigeria Smart Gas Meter Market by Technology
8.6.3 Nigeria Smart Gas Meter Market by Component
8.6.4 Nigeria Smart Gas Meter Market by End User
8.7 Rest of LAMEA Smart Gas Meter Market
8.7.1 Rest of LAMEA Smart Gas Meter Market by Type
8.7.2 Rest of LAMEA Smart Gas Meter Market by Technology
8.7.3 Rest of LAMEA Smart Gas Meter Market by Component
8.7.4 Rest of LAMEA 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 LAMEA Smart Gas Meter Market, 2017 - 2020, USD Million
TABLE 2 LAMEA 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 LAMEA Smart Gas Meter Market by Type, 2017 - 2020, USD Million
TABLE 7 LAMEA Smart Gas Meter Market by Type, 2021 - 2027, USD Million
TABLE 8 LAMEA Smart Diaphragm Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 9 LAMEA Smart Diaphragm Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 10 LAMEA Smart Ultrasonic Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 11 LAMEA Smart Ultrasonic Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 12 LAMEA Smart Gas Meter Market by Technology, 2017 - 2020, USD Million
TABLE 13 LAMEA Smart Gas Meter Market by Technology, 2021 - 2027, USD Million
TABLE 14 LAMEA Automated Meter Reading (AMR) Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 15 LAMEA Automated Meter Reading (AMR) Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 16 LAMEA Advanced Metering Infrastructure (AMI) Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 17 LAMEA Advanced Metering Infrastructure (AMI) Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 18 LAMEA Smart Gas Meter Market by Component, 2017 - 2020, USD Million
TABLE 19 LAMEA Smart Gas Meter Market by Component, 2021 - 2027, USD Million
TABLE 20 LAMEA Hardware Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 21 LAMEA Hardware Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 22 LAMEA Software Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 23 LAMEA Software Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 24 LAMEA Smart Gas Meter Market by End User, 2017 - 2020, USD Million
TABLE 25 LAMEA Smart Gas Meter Market by End User, 2021 - 2027, USD Million
TABLE 26 LAMEA Residential Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 27 LAMEA Residential Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 28 LAMEA Commercial Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 29 LAMEA Commercial Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 30 LAMEA Industrial Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 31 LAMEA Industrial Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 32 LAMEA Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 33 LAMEA Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 34 Brazil Smart Gas Meter Market, 2017 - 2020, USD Million
TABLE 35 Brazil Smart Gas Meter Market, 2021 - 2027, USD Million
TABLE 36 Brazil Smart Gas Meter Market by Type, 2017 - 2020, USD Million
TABLE 37 Brazil Smart Gas Meter Market by Type, 2021 - 2027, USD Million
TABLE 38 Brazil Smart Gas Meter Market by Technology, 2017 - 2020, USD Million
TABLE 39 Brazil Smart Gas Meter Market by Technology, 2021 - 2027, USD Million
TABLE 40 Brazil Smart Gas Meter Market by Component, 2017 - 2020, USD Million
TABLE 41 Brazil Smart Gas Meter Market by Component, 2021 - 2027, USD Million
TABLE 42 Brazil Smart Gas Meter Market by End User, 2017 - 2020, USD Million
TABLE 43 Brazil Smart Gas Meter Market by End User, 2021 - 2027, USD Million
TABLE 44 Argentina Smart Gas Meter Market, 2017 - 2020, USD Million
TABLE 45 Argentina Smart Gas Meter Market, 2021 - 2027, USD Million
TABLE 46 Argentina Smart Gas Meter Market by Type, 2017 - 2020, USD Million
TABLE 47 Argentina Smart Gas Meter Market by Type, 2021 - 2027, USD Million
TABLE 48 Argentina Smart Gas Meter Market by Technology, 2017 - 2020, USD Million
TABLE 49 Argentina Smart Gas Meter Market by Technology, 2021 - 2027, USD Million
TABLE 50 Argentina Smart Gas Meter Market by Component, 2017 - 2020, USD Million
TABLE 51 Argentina Smart Gas Meter Market by Component, 2021 - 2027, USD Million
TABLE 52 Argentina Smart Gas Meter Market by End User, 2017 - 2020, USD Million
TABLE 53 Argentina Smart Gas Meter Market by End User, 2021 - 2027, USD Million
TABLE 54 UAE Smart Gas Meter Market, 2017 - 2020, USD Million
TABLE 55 UAE Smart Gas Meter Market, 2021 - 2027, USD Million
TABLE 56 UAE Smart Gas Meter Market by Type, 2017 - 2020, USD Million
TABLE 57 UAE Smart Gas Meter Market by Type, 2021 - 2027, USD Million
TABLE 58 UAE Smart Gas Meter Market by Technology, 2017 - 2020, USD Million
TABLE 59 UAE Smart Gas Meter Market by Technology, 2021 - 2027, USD Million
TABLE 60 UAE Smart Gas Meter Market by Component, 2017 - 2020, USD Million
TABLE 61 UAE Smart Gas Meter Market by Component, 2021 - 2027, USD Million
TABLE 62 UAE Smart Gas Meter Market by End User, 2017 - 2020, USD Million
TABLE 63 UAE Smart Gas Meter Market by End User, 2021 - 2027, USD Million
TABLE 64 Saudi Arabia Smart Gas Meter Market, 2017 - 2020, USD Million
TABLE 65 Saudi Arabia Smart Gas Meter Market, 2021 - 2027, USD Million
TABLE 66 Saudi Arabia Smart Gas Meter Market by Type, 2017 - 2020, USD Million
TABLE 67 Saudi Arabia Smart Gas Meter Market by Type, 2021 - 2027, USD Million
TABLE 68 Saudi Arabia Smart Gas Meter Market by Technology, 2017 - 2020, USD Million
TABLE 69 Saudi Arabia Smart Gas Meter Market by Technology, 2021 - 2027, USD Million
TABLE 70 Saudi Arabia Smart Gas Meter Market by Component, 2017 - 2020, USD Million
TABLE 71 Saudi Arabia Smart Gas Meter Market by Component, 2021 - 2027, USD Million
TABLE 72 Saudi Arabia Smart Gas Meter Market by End User, 2017 - 2020, USD Million
TABLE 73 Saudi Arabia Smart Gas Meter Market by End User, 2021 - 2027, USD Million
TABLE 74 South Africa Smart Gas Meter Market, 2017 - 2020, USD Million
TABLE 75 South Africa Smart Gas Meter Market, 2021 - 2027, USD Million
TABLE 76 South Africa Smart Gas Meter Market by Type, 2017 - 2020, USD Million
TABLE 77 South Africa Smart Gas Meter Market by Type, 2021 - 2027, USD Million
TABLE 78 South Africa Smart Gas Meter Market by Technology, 2017 - 2020, USD Million
TABLE 79 South Africa Smart Gas Meter Market by Technology, 2021 - 2027, USD Million
TABLE 80 South Africa Smart Gas Meter Market by Component, 2017 - 2020, USD Million
TABLE 81 South Africa Smart Gas Meter Market by Component, 2021 - 2027, USD Million
TABLE 82 South Africa Smart Gas Meter Market by End User, 2017 - 2020, USD Million
TABLE 83 South Africa Smart Gas Meter Market by End User, 2021 - 2027, USD Million
TABLE 84 Nigeria Smart Gas Meter Market, 2017 - 2020, USD Million
TABLE 85 Nigeria Smart Gas Meter Market, 2021 - 2027, USD Million
TABLE 86 Nigeria Smart Gas Meter Market by Type, 2017 - 2020, USD Million
TABLE 87 Nigeria Smart Gas Meter Market by Type, 2021 - 2027, USD Million
TABLE 88 Nigeria Smart Gas Meter Market by Technology, 2017 - 2020, USD Million
TABLE 89 Nigeria Smart Gas Meter Market by Technology, 2021 - 2027, USD Million
TABLE 90 Nigeria Smart Gas Meter Market by Component, 2017 - 2020, USD Million
TABLE 91 Nigeria Smart Gas Meter Market by Component, 2021 - 2027, USD Million
TABLE 92 Nigeria Smart Gas Meter Market by End User, 2017 - 2020, USD Million
TABLE 93 Nigeria Smart Gas Meter Market by End User, 2021 - 2027, USD Million
TABLE 94 Rest of LAMEA Smart Gas Meter Market, 2017 - 2020, USD Million
TABLE 95 Rest of LAMEA Smart Gas Meter Market, 2021 - 2027, USD Million
TABLE 96 Rest of LAMEA Smart Gas Meter Market by Type, 2017 - 2020, USD Million
TABLE 97 Rest of LAMEA Smart Gas Meter Market by Type, 2021 - 2027, USD Million
TABLE 98 Rest of LAMEA Smart Gas Meter Market by Technology, 2017 - 2020, USD Million
TABLE 99 Rest of LAMEA Smart Gas Meter Market by Technology, 2021 - 2027, USD Million
TABLE 100 Rest of LAMEA Smart Gas Meter Market by Component, 2017 - 2020, USD Million
TABLE 101 Rest of LAMEA Smart Gas Meter Market by Component, 2021 - 2027, USD Million
TABLE 102 Rest of LAMEA Smart Gas Meter Market by End User, 2017 - 2020, USD Million
TABLE 103 Rest of LAMEA 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.