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Global Gas Meter Market 2017-2021

About Gas Meter

A gas meter is an instrument that is used to measure the consumption of gas in terms of volume in residential, commercial, and industrial premises. Gas meters can be broadly classified into the following: analog type basic gas meters and digital type smart gas meters. Analog type basic gas meters measure the volume of gas consumed and incorporate a meter reader to record the measured data. Digital type smart meters, on the contrary, make use of wireless communication technology and transmit all the necessary data at the utility end. Smart meters give accurate readings and measurement and hence, remove any discrepancies while billing.

Technavio’s analysts forecast the global gas meter market to grow at a CAGR of 14.21% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global gas meter market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Gas Meter Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Elster Gas
  • General Electric
  • Itron
  • Landis+Gyr
Other prominent vendors
  • ABB
  • Aclara Technologies
  • Apator
  • Badger Meter
  • CGI Group
  • chongqing shancheng gas equipment
  • CJSC “Gasdevice”
  • Dandong Dongfa Group
  • DIEHL Metering (Diehl Stiftung)
  • EDMI
  • Emerson
  • Endress+Hauser Management
  • Eurodril LTD
  • IMAC Systems
  • ITT CONTROLS (Actaris)
  • JVC “Premagas Kromschroeder Ukraine”
  • KROHNE
  • LAOSP
  • Master Meter
  • Novator State Enterprise
  • OJSC “Ivano-Frankovsky Plant “Prompribor”
  • OJSC “Uzhgorodsky Turbogas”
  • OJSC “Yampolsky Instrument-Making Plant”
  • ONICON
  • Premagas
  • Qianwei Kromschroder Meters
  • Raychem RPG
  • SAGEMCOM
  • Schlumberger
  • Schneider Electric
  • SE “Plant “Arsenal”
  • SE “Plant “Generator”
  • Sensus
  • Shinagawa
  • SICK
  • Siemens
  • Wyatt Engineering
  • ZENNER
Market driver
  • Smart meters enable efficient use of gas
  • For a full, detailed list, view our report
Market challenge
  • Technological challenges
  • For a full, detailed list, view our report
Market trend
  • Integration versus modular methodologies
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Gas Meter Market 2017-2021

Technavio recognizes the following companies as the key players in the global gas meter market: Elster Gas, General Electric, Itron, and Landis+Gyr.

Other Prominent Vendors in the market are: ABB, Aclara Technologies, Apator, Badger Meter, CGI Group, chongqing shancheng gas equipment, CJSC “Gasdevice”, Dandong Dongfa Group, DIEHL Metering (Diehl Stiftung), EDMI, Emerson, Endress+Hauser Management, Eurodril LTD, IMAC Systems, ITT CONTROLS (Actaris), JVC “Premagas Kromschroeder Ukraine”, KROHNE, LAOSP, Master Meter, Novator State Enterprise, OJSC “Ivano-Frankovsky Plant “Prompribor”, OJSC “Uzhgorodsky Turbogas”, OJSC “Yampolsky Instrument-Making Plant”, ONICON, Premagas, Qianwei Kromschroder Meters, Raychem RPG, SAGEMCOM, Schlumberger, Schneider Electric, SE “Plant “Arsenal”, SE “Plant “Generator”, Sensus, Shinagawa, SICK, Siemens, Wyatt Engineering, and ZENNER.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Integration versus modular methodologies. Changes in regulations have a significant impact not only on the rate of smart gas meter adoption but also on the specifications that define the meter’s functional operations. Changes in regulations are a major challenge and greatly affect the stakeholders in the smart meter value chain, imposing unforeseen costs on them.”

According to the report, one of the major drivers for this market is Smart meters enable efficient use of gas. Smart meters and smart energy meters prove to be extremely invaluable when it comes to the economical use of gas, as they lead to financial savings. These devices help customers monitor and track their gas consumption patterns. Power utilities roll out and install these devices at residential premises as well as commercial and industrial facilities that use natural gas. British Gas has recorded the installation of approximately one million smart meters across residential premises across the UK.

Further, the report states that one of the major factors hindering the growth of this market is Technological challenges. The rapid pace of innovation in this sector heightens the threat of obsolescence for device providers that operate on the basis of current standards and network protocols. This is attractive to technology firms that offer solutions to the consumer market. However, it poses a big challenge to expensive infrastructure projects. Smart meter infrastructure needs to last for years, and therefore, quick innovation may lead to a situation where installers and consumers are caught in a cycle of installation, de-installation, and re-installation.

Companies Mentioned

Elster Gas, General Electric, Itron, Landis+Gyr, ABB, Aclara Technologies, Apator, Badger Meter, CGI Group, chongqing shancheng gas equipment, CJSC “Gasdevice”, Dandong Dongfa Group, DIEHL Metering (Diehl Stiftung), EDMI, Emerson, Endress+Hauser Management, Eurodril LTD, IMAC Systems, ITT CONTROLS (Actaris), JVC “Premagas Kromschroeder Ukraine”, KROHNE, LAOSP, Master Meter, Novator State Enterprise, OJSC “Ivano-Frankovsky Plant “Prompribor”, OJSC “Uzhgorodsky Turbogas”, OJSC “Yampolsky Instrument-Making Plant”, ONICON, Premagas, Qianwei Kromschroder Meters, Raychem RPG, SAGEMCOM, Schlumberger, Schneider Electric, SE “Plant “Arsenal”, SE “Plant “Generator”, Sensus, Shinagawa, SICK, Siemens, Wyatt Engineering, and ZENNER.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Global gas meter market by product type 2016-2021
      • Table Global gas meter market by geography 2016-2021
  • Market landscape
    • Market size and forecast
      • Table Global gas meter market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market Segmentation by product type
    • Market overview
      • Table Global gas meter market by product type 2016 and 2021 (%)
    • Global basic gas meter market
      • Table Global basic gas meter market 2016-2021 ($ millions)
    • Global smart gas meter market
      • Table Global smart gas meter market 2016-2021 ($ millions)
  • Geographical segmentation
    • Market overview
      • Table Global gas meter market by geography 2016 and 2021 (%)
    • Gas meter market in Americas
      • Table Gas meter market in Americas 2016-2021 ($ millions)
      • Table Production and consumption of natural gas in Americas 2010-2014 (bcm)
      • Table Total marketed production 2014-January-March 2016 (bcf)
      • Table Natural gas production highlights in US 2014-2016 (bcf/day)
      • Table Natural gas consumption highlights in US 2014-2016 (bcf/day)
    • Gas meter market in EMEA
      • Table Gas meter market in EMEA 2016-2021 ($ millions)
      • Table Production and consumption of natural gas in EMEA 2010-2014 (bcm)
      • Table Countries in EMEA with largest natural gas reserves 2014 (tcf)
      • Table Natural gas production in Europe 2011-2015 (bcm)
      • Table Natural gas production in MEA 2014 (%)
      • Table Natural gas consumption in Europe 2011-Q1-Q2 2015 (bcm)
    • Gas meter market in APAC
      • Table Gas meter market in APAC 2016-2021 ($ millions)
      • Table Production and consumption of natural gas in APAC 2010-2014 (bcm)
      • Table Major gas reserves in APAC 2011-2015 (tcf)
      • Table Top natural gas producing countries in APAC 2010-2014 (bcf)
      • Table Natural gas production and consumption in China and Japan 2010-2014 (bcf)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global natural gas consumption in industrial sector 1997-2014 (tcf)
    • Market challenges
  • Market trends
    • Integration versus modular methodologies
    • Enhanced meter performance
    • Utility analytics
  • Vendor landscape
    • Competitive landscape
      • Table Key vendors
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Elster Gas
      • Table Elster Gas: Product portfolio
    • General Electric
    • Itron
    • Landis+Gyr
  • Appendix
    • List of abbreviations
  • Explore Technavio

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