Global Gas Meter Market Growth 2023-2029

Global Gas Meter Market Growth 2023-2029

A gas meter is a specialized flow meter, used to measure the volume of fuel gases such as natural gas and liquefied petroleum gas.

LPI (LP Information)' newest research report, the “Gas Meter Industry Forecast” looks at past sales and reviews total world Gas Meter sales in 2022, providing a comprehensive analysis by region and market sector of projected Gas Meter sales for 2023 through 2029. With Gas Meter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gas Meter industry.

This Insight Report provides a comprehensive analysis of the global Gas Meter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Gas Meter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Gas Meter market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gas Meter and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Gas Meter.

The global Gas Meter market size is projected to grow from US$ 3612.7 million in 2022 to US$ 5290.9 million in 2029; it is expected to grow at a CAGR of 5290.9 from 2023 to 2029.

Global Gas Meter key players include IElster Group GmbH, Itron, Goldcard, Viewshine, Landis+Gyr, etc. Global top five manufacturers hold a share about 30%. China is the largest market, with a share about 39%, followed by North America and Europe, both have a share over 35 percent. In terms of product, Smart Gas Meter is the largest segment, with a share over 64%. And in terms of application, the largest application is Residential, followed by Industrial, Commercial, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Gas Meter market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Ordinary Gas Meter

Smart Gas Meter

Segmentation by application

Residential

Industrial and Commercial

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Elster Group GmbH

Itron

Goldcard

Viewshine

Landis+Gyr

ZENNER

Chongqing Shancheng Gas Equipment Co., Ltd.

Sensus

Df-Drgasmeter

Qwkrom

Flonidan

Diehl Metering

MeterSit

Hangzhou Innover Technology

EDMI

Qianjia Science and Technology

Suntront

Apator Group

Sichuan HaiLi Intelligent & Technology

Minsenmeter

Key Questions Addressed in this Report

What is the 10-year outlook for the global Gas Meter market?

What factors are driving Gas Meter market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Gas Meter market opportunities vary by end market size?

How does Gas Meter break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.