Global Gas Meter Market Growth 2024-2030

Global Gas Meter Market Growth 2024-2030

A gas meter is a specialized flow meter, used to measure the volume of fuel gases such as natural gas and liquefied petroleum gas. Gas meters are used at residential, commercial, and industrial buildings that consume fuel gas supplied by a gas utility.

The global Gas Meter market size is projected to grow from US$ 445 million in 2024 to US$ 786 million in 2030; it is expected to grow at a CAGR of 9.9% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Gas Meter Industry Forecast” looks at past sales and reviews total world Gas Meter sales in 2023, providing a comprehensive analysis by region and market sector of projected Gas Meter sales for 2024 through 2030. 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 core manufacturers of Gas Meter in India include Honeywell, Raychem RPG and Itron. The top three companies have a market share of about 46 percent. In terms of product type, Conventional Gas Meter is the largest segment with approximately 86% market share. In terms of applications, Commercial and Industrial is the largest downstream sector, with about 96% market share.

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.

Segmentation by Type:
Conventional Gas Meter
Smart Gas Meter

Segmentation by Application:
Residential
Commercial and Industrial

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 analysing the company's coverage, product portfolio, its market penetration.
Honeywell
Goldcard Smart Group
Itron
Viewshine Metering
Diehl Metering
Landis+Gyr
MeterSit
Hangzhou Innover Technology
Chongqing Qianwei Technologies Group
ZENNER Metering Technology (Shanghai)
Sensus
Chengdu Qianjia
Chengdu Qinchuan IoT Technology
EDMI
Liaoning Sikai
Suntront Technology
Apator Group
Chongqing Shancheng Gas Equipment
Flonidan
Sichuan Haili

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 by Type, by Application?

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