The Market Reports

Synopsis
The global market for Gas Meter was estimated to be worth US$ 3705 million in 2024 and is forecast to a readjusted size of US$ 58.5 million by 2031 with a CAGR of -150.0% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Gas Meter cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
In 2024, global Gas Meter production reached approximately 95 million units, with an average global market price of around US$ 39 per unit.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 is experiencing steady growth, driven by the increasing demand for efficient energy management, the expansion of gas infrastructure, and the shift toward digital metering technologies. Gas meters are devices used to measure the volume of gas consumed in residential, commercial, and industrial applications. These meters play a crucial role in billing accuracy, energy consumption monitoring, and ensuring safe distribution of natural gas. With growing urbanization, rising energy needs, and a global push for cleaner energy sources, the natural gas industry is expanding, which directly fuels the demand for advanced and reliable gas metering solutions. The gas meter market is broadly categorized into traditional analog meters and modern smart or intelligent gas meters. While analog meters continue to be used in many regions due to their low cost and simplicity, the market is increasingly shifting toward smart gas meters that enable real-time data transmission, remote monitoring, automated billing, leak detection, and system diagnostics. These smart meters are gaining popularity as utility providers seek to modernize their infrastructure, reduce operational costs, and improve customer satisfaction through greater transparency and accuracy. Regionally, the Asia-Pacific region is the fastest-growing market, driven by rapid industrialization, urban development, and large-scale government programs to expand gas pipeline networks in countries like China and India. Europe and North America also represent significant markets due to mature utility infrastructure and early adoption of smart metering technologies. In Europe, for example, regulatory mandates have led to widespread smart meter rollouts, especially in countries like the UK, Italy, and the Netherlands. Latin America, the Middle East, and Africa are emerging markets with strong potential, supported by infrastructure development and efforts to increase natural gas usage as a cleaner energy source.
This report aims to provide a comprehensive presentation of the global market for Gas Meter, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Gas Meter by region & country, by Type, and by Application.
The Gas Meter market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Gas Meter.
Market Segmentation
By Company
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
Segment by Type
Conventional Gas Meter
Smart Gas Meter
Segment by Application
Residential
Commercial and Industrial
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Gas Meter manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Gas Meter in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Gas Meter in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index