The North America Smart Gas Meter Market would witness market growth of 4.5% CAGR during the forecast period (2021-2027). North America has always been at the forefront of technological advancements and obtains a major revenue share in the smart gas meter market.
Substitutions of current infrastructure with the latest technology and encouraging gas utilization have assisted the US to emerge as one of the major countries in gas production. This eventually will supplement the demand smart gas meter market. In the last few years, North America has observed a sharp rise in the installation of smart meters. The U.S. has been the leading nation, followed by Canada.
In the next few years, digital and advanced technologies would make systems more effective, connected, sustainable and reliable across the world. Moreover, technological developments in data analytics and connectivity are enabling various new digital applications, like smart appliances, shared mobility, and 3D printing. The making of the ultra-modern smart meters is encouraged by the ongoing and consistent advancement of the communication network framework. Further, the development of smart meters is boosted by the availability of network infrastructures like radio frequency, 5G, 4G, and others. The makers are constantly involved in the production of modern smart meters as per the increasing network infrastructure; thereby creating bright growth prospects for the smart gas meter market.
The US market dominated the North America Smart Ultrasonic Gas Meter Market by Country 2020, thereby, achieving a market value of $256.7 million by 2027. The Canada market is experiencing a CAGR of 7.3% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 6.4% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Smart Gas Meter Market is Estimated to Reach USD 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
- US
- Canada
- Mexico
- Rest of North America
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 North America Smart Gas Meter Market, by Type
1.4.2 North America Smart Gas Meter Market, by Technology
1.4.3 North America Smart Gas Meter Market, by Component
1.4.4 North America Smart Gas Meter Market, by End User
1.4.5 North America 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. North America Smart Gas Meter Market by Type
4.1 North America Smart Diaphragm Gas Meter Market by Country
4.2 North America Smart Ultrasonic Gas Meter Market by Country
Chapter 5. North America Smart Gas Meter Market by Technology
5.1 North America Automated Meter Reading (AMR) Smart Gas Meter Market by Country
5.2 North America Advanced Metering Infrastructure (AMI) Smart Gas Meter Market by Country
Chapter 6. North America Smart Gas Meter Market by Component
6.1 North America Hardware Smart Gas Meter Market by Country
6.2 North America Software Smart Gas Meter Market by Country
Chapter 7. North America Smart Gas Meter Market by End User
7.1 North America Residential Smart Gas Meter Market by Country
7.2 North America Commercial Smart Gas Meter Market by Country
7.3 North America Industrial Smart Gas Meter Market by Country
Chapter 8. North America Smart Gas Meter Market by Country
8.1 US Smart Gas Meter Market
8.1.1 US Smart Gas Meter Market by Type
8.1.2 US Smart Gas Meter Market by Technology
8.1.3 US Smart Gas Meter Market by Component
8.1.4 US Smart Gas Meter Market by End User
8.2 Canada Smart Gas Meter Market
8.2.1 Canada Smart Gas Meter Market by Type
8.2.2 Canada Smart Gas Meter Market by Technology
8.2.3 Canada Smart Gas Meter Market by Component
8.2.4 Canada Smart Gas Meter Market by End User
8.3 Mexico Smart Gas Meter Market
8.3.1 Mexico Smart Gas Meter Market by Type
8.3.2 Mexico Smart Gas Meter Market by Technology
8.3.3 Mexico Smart Gas Meter Market by Component
8.3.4 Mexico Smart Gas Meter Market by End User
8.4 Rest of North America Smart Gas Meter Market
8.4.1 Rest of North America Smart Gas Meter Market by Type
8.4.2 Rest of North America Smart Gas Meter Market by Technology
8.4.3 Rest of North America Smart Gas Meter Market by Component
8.4.4 Rest of North America 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 North America Smart Gas Meter Market, 2017 - 2020, USD Million
TABLE 2 North America 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 North America Smart Gas Meter Market by Type, 2017 - 2020, USD Million
TABLE 7 North America Smart Gas Meter Market by Type, 2021 - 2027, USD Million
TABLE 8 North America Smart Diaphragm Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 9 North America Smart Diaphragm Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 10 North America Smart Ultrasonic Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 11 North America Smart Ultrasonic Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 12 North America Smart Gas Meter Market by Technology, 2017 - 2020, USD Million
TABLE 13 North America Smart Gas Meter Market by Technology, 2021 - 2027, USD Million
TABLE 14 North America Automated Meter Reading (AMR) Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 15 North America Automated Meter Reading (AMR) Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 16 North America Advanced Metering Infrastructure (AMI) Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 17 North America Advanced Metering Infrastructure (AMI) Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 18 North America Smart Gas Meter Market by Component, 2017 - 2020, USD Million
TABLE 19 North America Smart Gas Meter Market by Component, 2021 - 2027, USD Million
TABLE 20 North America Hardware Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 21 North America Hardware Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 22 North America Software Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 23 North America Software Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 24 North America Smart Gas Meter Market by End User, 2017 - 2020, USD Million
TABLE 25 North America Smart Gas Meter Market by End User, 2021 - 2027, USD Million
TABLE 26 North America Residential Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 27 North America Residential Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 28 North America Commercial Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 29 North America Commercial Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 30 North America Industrial Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 31 North America Industrial Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 32 North America Smart Gas Meter Market by Country, 2017 - 2020, USD Million
TABLE 33 North America Smart Gas Meter Market by Country, 2021 - 2027, USD Million
TABLE 34 US Smart Gas Meter Market, 2017 - 2020, USD Million
TABLE 35 US Smart Gas Meter Market, 2021 - 2027, USD Million
TABLE 36 US Smart Gas Meter Market by Type, 2017 - 2020, USD Million
TABLE 37 US Smart Gas Meter Market by Type, 2021 - 2027, USD Million
TABLE 38 US Smart Gas Meter Market by Technology, 2017 - 2020, USD Million
TABLE 39 US Smart Gas Meter Market by Technology, 2021 - 2027, USD Million
TABLE 40 US Smart Gas Meter Market by Component, 2017 - 2020, USD Million
TABLE 41 US Smart Gas Meter Market by Component, 2021 - 2027, USD Million
TABLE 42 US Smart Gas Meter Market by End User, 2017 - 2020, USD Million
TABLE 43 US Smart Gas Meter Market by End User, 2021 - 2027, USD Million
TABLE 44 Canada Smart Gas Meter Market, 2017 - 2020, USD Million
TABLE 45 Canada Smart Gas Meter Market, 2021 - 2027, USD Million
TABLE 46 Canada Smart Gas Meter Market by Type, 2017 - 2020, USD Million
TABLE 47 Canada Smart Gas Meter Market by Type, 2021 - 2027, USD Million
TABLE 48 Canada Smart Gas Meter Market by Technology, 2017 - 2020, USD Million
TABLE 49 Canada Smart Gas Meter Market by Technology, 2021 - 2027, USD Million
TABLE 50 Canada Smart Gas Meter Market by Component, 2017 - 2020, USD Million
TABLE 51 Canada Smart Gas Meter Market by Component, 2021 - 2027, USD Million
TABLE 52 Canada Smart Gas Meter Market by End User, 2017 - 2020, USD Million
TABLE 53 Canada Smart Gas Meter Market by End User, 2021 - 2027, USD Million
TABLE 54 Mexico Smart Gas Meter Market, 2017 - 2020, USD Million
TABLE 55 Mexico Smart Gas Meter Market, 2021 - 2027, USD Million
TABLE 56 Mexico Smart Gas Meter Market by Type, 2017 - 2020, USD Million
TABLE 57 Mexico Smart Gas Meter Market by Type, 2021 - 2027, USD Million
TABLE 58 Mexico Smart Gas Meter Market by Technology, 2017 - 2020, USD Million
TABLE 59 Mexico Smart Gas Meter Market by Technology, 2021 - 2027, USD Million
TABLE 60 Mexico Smart Gas Meter Market by Component, 2017 - 2020, USD Million
TABLE 61 Mexico Smart Gas Meter Market by Component, 2021 - 2027, USD Million
TABLE 62 Mexico Smart Gas Meter Market by End User, 2017 - 2020, USD Million
TABLE 63 Mexico Smart Gas Meter Market by End User, 2021 - 2027, USD Million
TABLE 64 Rest of North America Smart Gas Meter Market, 2017 - 2020, USD Million
TABLE 65 Rest of North America Smart Gas Meter Market, 2021 - 2027, USD Million
TABLE 66 Rest of North America Smart Gas Meter Market by Type, 2017 - 2020, USD Million
TABLE 67 Rest of North America Smart Gas Meter Market by Type, 2021 - 2027, USD Million
TABLE 68 Rest of North America Smart Gas Meter Market by Technology, 2017 - 2020, USD Million
TABLE 69 Rest of North America Smart Gas Meter Market by Technology, 2021 - 2027, USD Million
TABLE 70 Rest of North America Smart Gas Meter Market by Component, 2017 - 2020, USD Million
TABLE 71 Rest of North America Smart Gas Meter Market by Component, 2021 - 2027, USD Million
TABLE 72 Rest of North America Smart Gas Meter Market by End User, 2017 - 2020, USD Million
TABLE 73 Rest of North America Smart Gas Meter Market by End User, 2021 - 2027, USD Million
TABLE 74 Key information – Honeywell International, Inc.
TABLE 75 Key Information – Fujitsu Limited
TABLE 76 key information – Xylem, Inc.
TABLE 77 Key Information – Landis+Gyr Group AG
TABLE 78 Key Information – Itron, Inc.
TABLE 79 key information – Apator S.A.
TABLE 80 Key Information – Diehl Stiftung & Co. KG
TABLE 81 Key Information – Wasion Group
TABLE 82 key Information – Arad Group
TABLE 83 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.