Market Overview:
The global household gas meters market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for smart gas meters and rising awareness about energy conservation measures. The traditional gas meters segment is expected to dominate the global household gas meters market in terms of revenue share during the forecast period. However, the smart gas meters segment is projected to grow at a higher CAGR than that of traditional gas meters during the forecast period. This can be attributed to factors such as technological advancements and government initiatives towards energy conservation measures across various countries worldwide.
Product Definition:
A household gas meter is a type of gas meter used to measure the volume of natural gas or LPG (liquefied petroleum gas) used in a household. It is usually installed outside the house, near the boundary wall, and typically has three or four dials that show how much natural gas or LPG has been consumed since the last reading.
Traditional Gas Meters:
Traditional gas meters are used for measuring the volume of natural or manufactured gases such as air, nitrogen, hydrogen and carbon dioxide. They are widely used in household applications to measure volumes consumed in cooking and heating purposes. These meters can be attached directly to the pipelines or they can be placed on standalone bases.
These traditional gas meters work on a volume measurement principle where a fixed amount of gas is released into an open container.
Smart Gas Meters:
Smart gas meters are electronic devices that are used to measure the amount of natural or common gases such as nitrogen, oxygen, carbon dioxide and hydrogen in a residential area. These smart gas meters can be connected to an energy management system through wired and wireless connections. The data obtained from these smart gas meters is transmitted to the energy management system which further displays it on the screen of an electronic device such as a tablet PC or smartphone.
Application Insights:
In 2017, the house application segment accounted for the largest market share in terms of revenue as well as volume. The increasing use of gas meters in single-family houses is expected to drive the product demand over the forecast period. In addition, a rise in multi-family housing construction is anticipated to augment product demand over the next eight years.
The apartment application segment was valued at USD 1,252.6 million in 2017 and is expected to witness significant growth owing to an increase in apartment building construction activities across various regions including Asia Pacific and Middle East & Africa over the coming years. In addition, a rise in awareness regarding energy efficient products among apartment owners will further boost product adoption over the forecast period ¢â‚¬â€œ2030 ¢â‚¬Ëœ19%.
Smart meters are considered beneficial for both consumers.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing awareness about GHG emissions and their harmful effects on human health and environment. Rising disposable income levels in developing countries, such as India and China, are also anticipated to fuel industry expansion over the next eight years.
North America accounted for a significant revenue share in 2017 owing to high penetration of traditional gas meters across U.S.
Growth Factors:
- Increasing demand for gas-fired appliances in residential and commercial sectors
- Rapid urbanization and industrialization in developing countries
- Stringent government regulations for energy conservation
- Technological advancements in gas meters that improve accuracy and efficiency
- Rising awareness about the benefits of using gas meters for better management of energy resources
Scope Of The Report
Report Attributes
Report Details
Report Title
Household Gas Meters Market Research Report
By Type
Traditional Gas Meters, Smart Gas Meters
By Application
House, Apartment
By Companies
Elster Group GmbH, Itron, Landis+Gyr, Goldcard, Sensus, MeterSit, Flonidan, ZENNER, Viewshine, Apator Group, Diehl Metering, 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
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Household Gas Meters Market Report Segments:
The global Household Gas Meters market is segmented on the basis of:
Types
Traditional Gas Meters, Smart Gas Meters
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
House, Apartment
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
- Diehl Metering
- Innover
- EDMI
- Suntront Tech
- SHANXI AEROSPACE POWER
Highlights of The Household Gas Meters 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:
- Traditional Gas Meters
- Smart Gas Meters
- By Application:
- House
- Apartment
- 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 Household Gas Meters 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 household gas meter records the amount of natural gas used in a home.
Some of the major players in the household gas meters market are Elster Group GmbH, Itron, Landis+Gyr, Goldcard, Sensus, MeterSit, Flonidan, ZENNER, Viewshine, Apator Group, Diehl Metering, Innover, EDMI, Suntront Tech, SHANXI AEROSPACE POWER.
The household gas meters market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Household Gas Meters 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 Household Gas Meters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Household Gas Meters 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 Household Gas Meters 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 Household Gas Meters Market Size & Forecast, 2018-2028
4.5.1 Household Gas Meters Market Size and Y-o-Y Growth
4.5.2 Household Gas Meters Market Absolute $ Opportunity
Chapter 5 Global Household Gas Meters 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 Household Gas Meters Market Size Forecast by Type
5.2.1 Traditional Gas Meters
5.2.2 Smart Gas Meters
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Household Gas Meters 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 Household Gas Meters Market Size Forecast by Applications
6.2.1 House
6.2.2 Apartment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Household Gas Meters 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 Household Gas Meters 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 Household Gas Meters Analysis and Forecast
9.1 Introduction
9.2 North America Household Gas Meters 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 Household Gas Meters Market Size Forecast by Type
9.6.1 Traditional Gas Meters
9.6.2 Smart Gas Meters
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 Household Gas Meters Market Size Forecast by Applications
9.10.1 House
9.10.2 Apartment
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 Household Gas Meters Analysis and Forecast
10.1 Introduction
10.2 Europe Household Gas Meters 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 Household Gas Meters Market Size Forecast by Type
10.6.1 Traditional Gas Meters
10.6.2 Smart Gas Meters
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 Household Gas Meters Market Size Forecast by Applications
10.10.1 House
10.10.2 Apartment
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 Household Gas Meters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Household Gas Meters 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 Household Gas Meters Market Size Forecast by Type
11.6.1 Traditional Gas Meters
11.6.2 Smart Gas Meters
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 Household Gas Meters Market Size Forecast by Applications
11.10.1 House
11.10.2 Apartment
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 Household Gas Meters Analysis and Forecast
12.1 Introduction
12.2 Latin America Household Gas Meters 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 Household Gas Meters Market Size Forecast by Type
12.6.1 Traditional Gas Meters
12.6.2 Smart Gas Meters
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 Household Gas Meters Market Size Forecast by Applications
12.10.1 House
12.10.2 Apartment
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) Household Gas Meters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Household Gas Meters 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) Household Gas Meters Market Size Forecast by Type
13.6.1 Traditional Gas Meters
13.6.2 Smart Gas Meters
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) Household Gas Meters Market Size Forecast by Applications
13.10.1 House
13.10.2 Apartment
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 Household Gas Meters Market: Competitive Dashboard
14.2 Global Household Gas Meters 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 Diehl Metering
14.3.12 Innover
14.3.13 EDMI
14.3.14 Suntront Tech
14.3.15 SHANXI AEROSPACE POWER
