PUBLISHER: Grand View Research | PRODUCT CODE: 1530215
PUBLISHER: Grand View Research | PRODUCT CODE: 1530215
Gas Meter Market Size & Trends
The global gas meter market size was estimated at USD 3.79 billion in 2023 and is expected to grow at a CAGR of 4.6% from 2024 to 2030. The rise in global demand for natural gas is a major driver, as increasing energy consumption and the shift towards cleaner fuels like natural gas are fueling the need for accurate gas measurement and monitoring. Smart gas meters in particular are seeing growing adoption, as they provide enhanced operational safety, cost savings, and real-time data for gas companies and consumers.
Technological advancements, such as the integration of IoT, 5G, and AI, are enabling the development of more sophisticated and efficient gas meters that can optimize grid operations and energy efficiency. Government initiatives and regulations aimed at promoting energy conservation and sustainability are also propelling the demand for smart gas meters that can help reduce gas consumption and emissions.
Global Gas Meter Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented gas meter market report based on type, application, and region:
U.S.
Canada
Mexico
Germany
UK
Italy
Spain
France
Russia
China
India
Japan
Australia
Brazil
Argentina
Saudi Arabia
South Africa
UAE