Market Overview:
The global digital gas meter market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient and smart meters across the globe. Additionally, government initiatives for smart grid deployments are also fueling the growth of this market. The global digital gas meter market is segmented on the basis of type, application, and region. On the basis of type, it is divided into AMR (automatic meter reading) and AMI (automatic metering infrastructure). The AMI segment is expected to grow at a higher CAGR during the forecast period as it offers various benefits such as two-way communication between utilities and consumers, remote service activation/deactivation, outage detection & restoration etc., which are not available with traditional AMRs. On the basis of application, it is classified into residential, commercial & industrial segments.
Product Definition:
A digital gas meter is a type of gas meter that uses electronic means to measure and display the quantity of natural gas or propane delivered to a premises. The use of digital gas meters allows for more accurate readings than traditional analog meters, as well as providing real-time information on energy use.
AMR:
AMR is Asset Management Record. It’s a data structure that contains information about the asset such as its location, condition, and any maintenance record. AMRs are widely used in industries such as oil & gas and power generation for improving operational efficiency by reducing the time to market new services or products.
AMI:
AMI (Advanced Metering Infrastructure) is a smart grid technology that enables utilities to manage and control electricity usage. It also helps in reducing carbon footprint by encouraging energy efficiency. AMI provides two-way communication between meter and utility, thereby enabling consumers to track their energy usage with real-time accuracy.
Application Insights:
The global demand for digital gas meters has witnessed a paradigm shift due to rising awareness among consumers. The residential segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. Rising urbanization along with an increasing number of multi-family housing projects are anticipated to drive the growth of this segment over the forecast period.
Digital gas meters have numerous advantages including ease of use, accuracy, and security features that make them suitable for use in residential applications as well as commercial facilities such as hotels and restaurants. These devices can be installed by trained personnel within minutes without any prior technical knowledge or expertise required from users regarding settings or configurations which is further expected to propel their demand across end-use industries during future years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing number of commercial buildings, offices, and industrial plants in India and China. In addition, rising disposable income levels in these countries are anticipated to fuel market growth during the forecast period.
The North America region accounted for a significant share of global revenue in 2017 owing to high penetration of digital gas meters coupled with stringent regulations by regulatory bodies such as NGIOS regarding safety standards implemented by service providers. For instance, all service providers are required to comply with National Gas Code (NGC) section IIIA requirements that deal with installation requirements for existing analog gas meters as well as digital ones across all 50 states and territories of U.S.
Growth Factors:
- Increasing demand for gas due to rapid industrialization and urbanization in developing countries.
- Stringent government regulations for energy conservation and emissions control.
- Rising awareness about the benefits of using digital gas meters among consumers, especially in developed countries.
- Technological advancements that have led to the development of more accurate and reliable digital gas meters.
- Growing demand for smart grid technologies that can facilitate two-way communication between utilities and consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Gas Meter Market Research Report
By Type
AMR, AMI
By Application
Residential, Commercial, Industrial
By Companies
Elster Group GmbH, Itron, Landis+Gyr, Goldcard, Sensus, MeterSit, Flonidan, ZENNER, Viewshine, Apator Group, Elster Group GmbH, Innover, EDMI, Suntront Tech, SHANXI AEROSPACE POWER
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Digital Gas Meter Market Report Segments:
The global Digital Gas Meter market is segmented on the basis of:
Types
AMR, AMI
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Elster Group GmbH
- Itron
- Landis+Gyr
- Goldcard
- Sensus
- MeterSit
- Flonidan
- ZENNER
- Viewshine
- Apator Group
- Elster Group GmbH
- Innover
- EDMI
- Suntront Tech
- SHANXI AEROSPACE POWER
Highlights of The Digital Gas Meter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- AMR
- AMI
- By Application:
- Residential
- Commercial
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Gas Meter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A digital gas meter is a type of electronic meter that measures the amount of gas used in a home.
Some of the major players in the digital gas meter market are Elster Group GmbH, Itron, Landis+Gyr, Goldcard, Sensus, MeterSit, Flonidan, ZENNER, Viewshine, Apator Group, Elster Group GmbH, Innover, EDMI, Suntront Tech, SHANXI AEROSPACE POWER.
The digital gas meter market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital Gas Meter Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Digital Gas Meter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Digital Gas Meter Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Digital Gas Meter Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Digital Gas Meter Market Size & Forecast, 2018-2028
4.5.1 Digital Gas Meter Market Size and Y-o-Y Growth
4.5.2 Digital Gas Meter Market Absolute $ Opportunity
Chapter 5 Global Digital Gas Meter Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Digital Gas Meter Market Size Forecast by Type
5.2.1 AMR
5.2.2 AMI
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Digital Gas Meter Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Digital Gas Meter Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital Gas Meter Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Digital Gas Meter Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Digital Gas Meter Analysis and Forecast
9.1 Introduction
9.2 North America Digital Gas Meter Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Digital Gas Meter Market Size Forecast by Type
9.6.1 AMR
9.6.2 AMI
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Digital Gas Meter Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Digital Gas Meter Analysis and Forecast
10.1 Introduction
10.2 Europe Digital Gas Meter Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Digital Gas Meter Market Size Forecast by Type
10.6.1 AMR
10.6.2 AMI
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Digital Gas Meter Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Digital Gas Meter Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Digital Gas Meter Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Digital Gas Meter Market Size Forecast by Type
11.6.1 AMR
11.6.2 AMI
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Digital Gas Meter Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Digital Gas Meter Analysis and Forecast
12.1 Introduction
12.2 Latin America Digital Gas Meter Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Digital Gas Meter Market Size Forecast by Type
12.6.1 AMR
12.6.2 AMI
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Digital Gas Meter Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Digital Gas Meter Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Digital Gas Meter Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Digital Gas Meter Market Size Forecast by Type
13.6.1 AMR
13.6.2 AMI
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Digital Gas Meter Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Digital Gas Meter Market: Competitive Dashboard
14.2 Global Digital Gas Meter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Elster Group GmbH
14.3.2 Itron
14.3.3 Landis+Gyr
14.3.4 Goldcard
14.3.5 Sensus
14.3.6 MeterSit
14.3.7 Flonidan
14.3.8 ZENNER
14.3.9 Viewshine
14.3.10 Apator Group
14.3.11 Elster Group GmbH
14.3.12 Innover
14.3.13 EDMI
14.3.14 Suntront Tech
14.3.15 SHANXI AEROSPACE POWER
