The Gas Meter Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Gas Meter Market?
The market size of the gas meter sector has seen robust growth lately. It is predicted to expand from $5.06 billion in 2024 to $5.42 billion in 2025, with a compound annual growth rate (CAGR) of 7.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Gas Meter Industry?
The gas meter market is predicted to reach a value of $7.25 billion in 2029, with a compound annual growth rate (CAGR) of 7.6%.
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What are the Key Growth Drivers Fueling the Gas Meter Market?
The key drivers in the gas meter market are:
• Rapid urbanization and increasing government support
• Growing consumption of natural gas globally
• Introduction of IoT integrated systems for better data analysis and predictive maintenance
• Development of innovative, prepayment-based gas meters for effective budget management
Global Market Segmentation: Identifying Major Gas Meter Industry Segments
The gas meter market covered in this report is segmented –
1) By Type: Turbine Gas Meter, Ultrasonic Gas Meter, Diaphragm Gas Meter, Rotary Gas Meter, Other Types
2) By Technology: Smart And Automated, Conventional
3) By End User: Residential, Commercial, Industrial
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What are the Emerging Trends Shaping the Future of the Gas Meter Market?
The key trends in the gas meter market are:
• The integration of Internet of Things (IoT) for enhanced data analytics and predictive maintenance is a key emerging trend.
• The development and introduction of innovative gas meters for gas distribution is an anticipated trend.
• The use of prepayment gas meters to assist consumers in better budget management is a growing trend.
• The focus on partnerships and collaborations for the development of smart metering solutions is an upcoming trend.
Who Are the Top Competitors & Leading Players in the Gas Meter Market?
Major companies in the gas meter market are:
• Honeywell International Inc.
• Xylem Inc.
• Siemens AG.
• Emerson Electric Co.
• Endress + Hauser.
• Apator SA.
• Landis + GYR Group AG.
• ABB Ltd.
• Badger Meter Inc.
• EDMI Limited.
• Panasonic Holdings Corporation.
• Smartmeters Technologies Pvt. Ltd.
• Genesis Gas Solutions Private Limited.
• Secure Meters Limited.
• Schneider Electric India.
• Rihtek Automation Pvt. Ltd.
• Tokyo Gas Meter Co., Ltd.
• Chugoku Gas Meter Co., Ltd.
• Aichi Tokei Denki Co Ltd.
• AES Smart Metering Ltd.
• British Gas Metering Operations.
• E.ON.
• EDF Energy.
• Energy Assets Ltd.
• IMServ Europe Ltd.
• Jersey Electricity.
• Lowri Beck Services Ltd.
• PROLA SA.
• ENVEA.
• KROHNE.
• Furness Controls.
• Mac Instruments.
• Bopp and Reuther.
• Kinequip Inc.
• Intellimeter Canada Inc.
• Norgas Controls.
• Metercor.
• Fgs Brasil Ind Com Ltda.
• Itron Solucoes Para Energia E Agua Ltda.
• Agilent Technologies Brasil Ltda.
• Buzas Industria E Comercio Ltda.
• Fluenta.
• KopaGas Ltd.
• MaasaraGazz Metro.
Regional Dominance: Which Area Leads the Global Template Market?
Asia-Pacific was the largest region in the gas meter market in 2024
