Table of Content


1 INTRODUCTION 27
1.1 STUDY OBJECTIVES 27
1.2 DEFINITION 27
1.2.1 SMART GAS METER MARKET, BY TECHNOLOGY: INCLUSIONS & EXCLUSIONS 28
1.2.2 SMART GAS METER MARKET, BY COMPONENT: INCLUSIONS & EXCLUSIONS 28
1.2.3 SMART GAS METERS MARKET, BY END USER: INCLUSIONS & EXCLUSIONS 28
1.3 MARKET SCOPE 29
1.3.1 MARKET SEGMENTATION 29
1.3.2 REGIONAL SCOPE 29
1.4 YEARS CONSIDERED 30
1.5 CURRENCY 30
1.6 LIMITATIONS 30
1.7 STAKEHOLDERS 31
1.8 SUMMARY OF CHANGES 31

2 RESEARCH METHODOLOGY 33
2.1 RESEARCH DATA 33
FIGURE 1 SMART GAS METER MARKET: RESEARCH DESIGN 34
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 35
FIGURE 2 DATA TRIANGULATION METHODOLOGY 35
2.2.1 SECONDARY DATA 36
2.2.1.1 Key data from secondary sources 36
2.2.2 PRIMARY DATA 37
2.2.2.1 Key data from primary sources 37
2.2.2.2 Breakdown of primaries 38
2.3 DEMAND SIDE METRICS 39
FIGURE 3 MAIN METRICS CONSIDERED WHILE CONSTRUCTING AND ASSESSING DEMAND FOR SMART GAS METERS 39
2.4 MARKET SIZE ESTIMATION 39
2.4.1 DEMAND SIDE ANALYSIS: BOTTOM-UP APPROACH 39
FIGURE 4 SMART GAS METER MARKET: INDUSTRY-REGION/COUNTRY-WISE ANALYSIS 39
2.4.1.1 Calculation for demand side 40
2.4.1.2 Assumptions for demand side 40
2.4.2 SUPPLY SIDE ANALYSIS 41
FIGURE 5 KEY METRICS CONSIDERED FOR ASSESSING SUPPLY OF SMART GAS METERS 41
FIGURE 6 SMART GAS METER MARKET: SUPPLY SIDE ANALYSIS 42
2.4.2.1 Calculations for supply side 42
2.4.2.2 Assumptions for supply side 42
FIGURE 7 COMPANY REVENUE ANALYSIS, 2019 43
2.4.3 FORECAST 44

3 EXECUTIVE SUMMARY 45
3.1 SCENARIO ANALYSIS 45
FIGURE 8 SCENARIO ANALYSIS: SMART GAS METER MARKET, 2019–2026 45
3.1.1 OPTIMISTIC SCENARIO 45
3.1.2 REALISTIC SCENARIO 46
3.1.3 PESSIMISTIC SCENARIO 47
TABLE 1 SMART GAS METER MARKET SNAPSHOT 47
FIGURE 9 ASIA PACIFIC DOMINATED SMART GAS METER MARKET IN 2020 48
FIGURE 10 AMR SEGMENT TO HOLD LARGEST SHARE OF SMART GAS METER MARKET, BY TECHNOLOGY, DURING FORECAST PERIOD 49
FIGURE 11 SMART DIAPHRAGM GAS METER SEGMENT TO HOLD LARGEST SHARE OF SMART GAS METER MARKET, BY TYPE, DURING FORECAST PERIOD 49
FIGURE 12 HARDWARE SEGMENT TO ACCOUNT FOR LARGEST SHARE OF SMART GAS METER MARKET, BY COMPONENT, DURING FORECAST PERIOD 50
FIGURE 13 RESIDENTIAL SEGMENT TO LEAD SMART GAS METER MARKET, BY END USER, DURING FORECAST PERIOD 50

4 PREMIUM INSIGHTS 51
4.1 ATTRACTIVE OPPORTUNITIES IN SMART GAS METER MARKET 51
FIGURE 14 INCREASING INVESTMENTS IN SMART GRID TECHNOLOGIES TO DRIVE GROWTH OF SMART GAS METER MARKET DURING FORECAST PERIOD 51
4.2 SMART GAS METER MARKET, BY REGION 52
FIGURE 15 ASIA PACIFIC SMART GAS METER MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 52
4.3 ASIA PACIFIC SMART GAS METER MARKET, BY END USER & COUNTRY 53
FIGURE 16 RESIDENTIAL SEGMENT AND CHINA DOMINATED ASIA PACIFIC SMART GAS METER MARKET IN 2020 53
4.4 SMART GAS METER MARKET, BY TECHNOLOGY 54
FIGURE 17 AUTOMATIC METER READING (AMR) SEGMENT TO DOMINATE SMART GAS METER MARKET, BY TECHNOLOGY, BY 2026 54
4.5 SMART GAS METER MARKET, BY COMPONENT 54
FIGURE 18 HARDWARE SEGMENT TO HOLD LARGER SHARE OF SMART GAS METER MARKET, BY COMPONENT, BY 2026 54
4.6 SMART GAS METER MARKET, BY END USER 54
FIGURE 19 RESIDENTIAL SEGMENT TO CONTINUE TO HOLD LARGEST SHARE OF SMART GAS METER MARKET, BY END USER, BY 2026 54

5 MARKET OVERVIEW 55
5.1 INTRODUCTION 55
5.2 COVID-19 HEALTH ASSESSMENT 55
FIGURE 20 COVID-19 GLOBAL PROPAGATION 56
FIGURE 21 COVID-19 PROPAGATION IN SELECTED COUNTRIES 56
5.3 ROAD TO RECOVERY 57
FIGURE 22 RECOVERY ROAD FOR 2020 & 2021 57
5.4 COVID-19 ECONOMIC ASSESSMENT 58
FIGURE 23 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2020 58
5.5 MARKET DYNAMICS 59
FIGURE 24 SMART GAS METER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,
AND CHALLENGES 59
5.5.1 DRIVERS 59
5.5.1.1 Digitalization of distribution grids and optimization of network operations 59
5.5.1.2 Asset management of advanced metering infrastructure (AMI) 60
5.5.1.3 Increasing investments in smart grid technologies to measure and analyze data 60
FIGURE 25 GLOBAL INVESTMENTS IN SMART GRIDS, BY TECHNOLOGY,
2014–2019 (USD BILLION) 61
5.5.2 RESTRAINTS 61
5.5.2.1 Concerns pertaining to data privacy & security and consumer health 61
5.5.2.2 Requirement of high upfront cost for smart gas infrastructure 62
5.5.3 OPPORTUNITIES 62
5.5.3.1 Growing emphasis on smart grid initiatives and modernization of gas networks 62
FIGURE 26 GLOBAL INVESTMENTS IN POWER SECTOR, BY TECHNOLOGY, 2017–2020 63
5.5.3.2 Integration of artificial intelligence (AI) into smart gas meter operations 63
5.5.4 CHALLENGES 64
5.5.4.1 Delayed realization of return on investment (ROI) due to complexity in integration of devices 64
5.5.4.2 Negative impact of COVID-19 pandemic on smart gas meter market 64
5.6 TRENDS 65
5.6.1 REVENUE SHIFT & NEW REVENUE POCKETS FOR SMART GAS METER MANUFACTURERS 65
FIGURE 27 REVENUE SHIFT FOR SMART GAS METER MANUFACTURERS 65
5.7 MARKET MAP 66
FIGURE 28 MARKET MAP FOR SMART GAS METER 66
5.8 AVERAGE PRICING OF SMART GAS METER 66
FIGURE 29 AVERAGE SELLING PRICE OF SMART GAS METER 66
5.9 TRADE DATA STATISTICS 67
TABLE 2 REGION-WISE IMPORT, 2017–2019 (USD MILLION) 67
TABLE 3 REGION-WISE EXPORT, 2017–2019 (USD MILLION) 67
5.10 VALUE CHAIN ANALYSIS 67
FIGURE 30 SMART GAS METER VALUE CHAIN ANALYSIS 67
TABLE 4 SMART GAS METER MARKET: VALUE CHAIN 68
5.10.1 HARDWARE & SOFTWARE PROVIDERS/SUPPLIERS 68
5.10.2 CHIPSET & COMMUNICATION MODULE 69
5.10.3 MANUFACTURERS/ASSEMBLERS 69
5.10.4 DISTRIBUTORS AND BUYERS 69
5.10.5 END USERS AND POST-SALES SERVICES 69
5.11 TECHNOLOGY ANALYSIS 69
5.11.1 TECHNOLOGY TRENDS FOR VARIOUS SMART GAS METER TECHNOLOGIES 69
FIGURE 31 SMART METERING SERVICES 70
5.12 TARIFF AND REGULATORY LANDSCAPE 70
TABLE 5 NATURAL GAS PRICES IN US, 2017–2019,
(USD PER THOUSAND CUBIC FEET) 70
TABLE 6 REGULATORY PROGRAMS 71
5.13 SMART GAS METER: PATENT ANALYSIS 72
5.13.1 INNOVATIONS & PATENT REGISTRATION 72
TABLE 7 IMPORTANT INNOVATION & PATENT REGISTRATION, 2016–2020 72
5.14 CASE STUDY ANALYSIS 73
5.14.1 SMART GAS METERING ROLLOUT FOR EUROPEAN MARKET 73
5.14.1.1 Honeywell International supplies next-generation smart gas meters to Enexis Netbeheer 73
5.14.1.1.1 Objective: 2018 73
5.14.1.1.2 Solution statement 73
5.14.1.1.3 Benefits 74
5.15 PORTER’S FIVE FORCES ANALYSIS 74
FIGURE 32 PORTER’S FIVE FORCES ANALYSIS: SMART GAS METER MARKET 75
TABLE 8 SMART GAS METER MARKET: PORTER’S FIVE FORCE ANALYSIS 75
5.15.1 THREAT OF NEW ENTRANTS 75
5.15.2 THREAT OF SUBSTITUTES 76
5.15.3 BARGAINING POWER OF SUPPLIERS 76
5.15.4 BARGAINING POWER OF BUYERS 76
5.15.5 RIVALRY AMONG EXISTING COMPETITORS 76
6 IMPACT OF COVID-19 ON SMART GAS METER MARKET,
SCENARIO ANALYSIS, BY REGION 77
6.1 SCENARIO ANALYSIS 77
6.1.1 OPTIMISTIC SCENARIO 77
TABLE 9 OPTIMISTIC SCENARIO: SMART GAS METER MARKET SIZE, BY REGION, 2019–2026 (USD MILLION) 77
6.1.2 REALISTIC SCENARIO 78
TABLE 10 REALISTIC SCENARIO: SMART GAS METER MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 78
6.1.3 PESSIMISTIC SCENARIO 79
TABLE 11 PESSIMISTIC SCENARIO: SMART GAS METER MARKET SIZE, BY REGION, 2019–2026 (USD MILLION) 79
?
7 SMART GAS METER MARKET, BY TECHNOLOGY 80
7.1 INTRODUCTION 81
FIGURE 33 SMART GAS METER MARKET, BY TECHNOLOGY, 2020 81
TABLE 12 SMART GAS METER MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD MILLION) 81
7.1.1 IMPACT OF COVID-19 ON GLOBAL SMART GAS METER MARKET 82
TABLE 13 PRE-COVID-19 IMPACT ON SMART GAS METER MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION) 82
7.2 ADVANCED METERING INFRASTRUCTURE (AMI) 82
7.2.1 GROWING NEED FOR ACCURATE METER READING AND INCREASING SPENDING ON SMART GRID PROJECTS ARE DRIVING MARKET GROWTH 82
TABLE 14 ADVANCED METERING INFRASTRUCTURE (AMI): SMART GAS METER MARKET SIZE, BY REGION, 2019–2026 (USD MILLION) 83
7.3 AUTOMATED METER READING (AMR) 83
7.3.1 INCREASING DEMAND FOR COST-EFFECTIVE SMART GAS METERS IS DRIVING MARKET GROWTH 83
TABLE 15 AUTOMATED METER READING (AMR): SMART GAS METER MARKET SIZE,
BY REGION, 2019–2026 (USD MILLION) 84
8 SMART GAS METER MARKET, BY TYPE 85
8.1 INTRODUCTION 86
FIGURE 34 SMART GAS METER MARKET, BY TYPE, 2020 86
TABLE 16 SMART GAS METER MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION) 86
8.1.1 IMPACT OF COVID-19 ON GLOBAL SMART GAS METER MARKET 87
TABLE 17 PRE-COVID-19 IMPACT ON SMART GAS METER MARKET, BY TYPE,
2019–2026 (USD MILLION) 87
8.2 SMART ULTRASONIC GAS METER 87
8.2.1 GROWING NEED FOR COMPACT-SIZED AND DURABLE SMART GAS METERS IS DRIVING MARKET GROWTH 87
TABLE 18 SMART ULTRASONIC GAS METER MARKET SIZE, BY REGION,
2019–2026 (USD THOUSAND) 88
8.3 SMART DIAPHRAGM GAS METER 88
8.3.1 INCREASING NUMBER OF RESIDENTIAL & LIGHT COMMERCIAL BUILDINGS IS DRIVING MARKET GROWTH 88
TABLE 19 SMART DIAPHRAGM GAS METER MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 89
8.3.2 STEEL CASE DIAPHRAGM GAS METER 89
TABLE 20 STEEL CASE DIAPHRAGM GAS METER MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 89
8.3.3 ALUMINIUM CASE DIAPHRAGM GAS METER 90
TABLE 21 ALUMINIUM CASE DIAPHRAGM GAS METER MARKET SIZE, BY REGION, 2019–2026 (USD MILLION) 90
?

9 SMART GAS METER MARKET, BY COMPONENT 91
9.1 INTRODUCTION 92
FIGURE 35 SMART GAS METER MARKET, BY COMPONENT, 2020 92
TABLE 22 SMART GAS METER MARKET SIZE, BY COMPONENT,
2019–2026 (USD MILLION) 92
9.1.1 IMPACT OF COVID-19 ON GLOBAL SMART GAS METER MARKET 92
TABLE 23 PRE-COVID-19 IMPACT ON SMART GAS METER MARKET, BY COMPONENT, 2019–2026 (USD MILLION) 92
9.2 HARDWARE 93
9.2.1 INCREASING DEMAND FOR PRECISE SMART GAS METER OPERATIONS IS DRIVING MARKET GROWTH 93
TABLE 24 HARDWARE: SMART GAS METER MARKET SIZE, BY REGION,
2019–2026 (USD THOUSAND) 93
9.3 SOFTWARE 94
9.3.1 ADVANCING UTILITY OPERATIONS AND GROWING NEED FOR SMART GAS METER OPERATIONAL MANAGEMENT ARE DRIVING MARKET GROWTH 94
TABLE 25 SOFTWARE: SMART GAS METER MARKET SIZE, BY REGION,
2019–2026 (USD THOUSAND) 94

10 SMART GAS METER MARKET, BY END USER 95
10.1 INTRODUCTION 96
FIGURE 36 SMART GAS METER MARKET, BY END USER, 2020 96
TABLE 26 SMART GAS METER MARKET SIZE, BY END USER, 2019–2026 (USD MILLION) 96
10.1.1 IMPACT OF COVID-19 ON GLOBAL SMART GAS METER MARKET 96
TABLE 27 PRE-COVID-19 IMPACT ON SMART GAS METER MARKET, BY END USER, 2019–2026 (USD MILLION) 96
10.2 RESIDENTIAL 97
10.2.1 INCREASING FOCUS ON ENERGY EFFICIENCY IS DRIVING MARKET GROWTH 97
TABLE 28 RESIDENTIAL: SMART GAS METER MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 97
10.3 COMMERCIAL 98
10.3.1 INCREASING DIGITALIZATION AND URBANIZATION ARE DRIVING MARKET GROWTH 98
TABLE 29 COMMERCIAL: SMART GAS METER MARKET SIZE, BY REGION,
2019–2026 (USD THOUSAND) 98
10.4 INDUSTRIAL 99
10.4.1 INCREASING DEMAND FOR ENERGY-EFFICIENT OPERATIONS IN SEVERAL INDUSTRIES IS DRIVING MARKET GROWTH 99
TABLE 30 INDUSTRIAL: SMART GAS METERS MARKET SIZE, BY REGION,
2019–2026 (USD THOUSAND) 99
?

11 SMART GAS METER MARKET, BY REGION 100
11.1 INTRODUCTION 101
FIGURE 37 REGIONAL SNAPSHOT: ASIA PACIFIC MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 101
FIGURE 38 SMART GAS METER MARKET SHARE (VALUE), BY REGION, 2020 101
TABLE 31 GLOBAL SMART GAS METER MARKET SIZE, BY REGION, 2019–2026 (UNITS) 102
TABLE 32 GLOBAL SMART GAS METER MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 102
11.1.1 IMPACT OF COVID-19 ON GLOBAL SMART GAS METER MARKET 103
TABLE 33 POST-COVID-19 IMPACT ON SMART GAS METER MARKET, BY REGION, 2019–2026 (USD MILLION) 103
TABLE 34 PRE-COVID-19 IMPACT ON SMART GAS METER MARKET, BY REGION,
2019–2026 (USD MILLION) 103
11.2 NORTH AMERICA 103
FIGURE 39 NORTH AMERICA: SNAPSHOT, 2020 104
11.2.1 BY TECHNOLOGY 105
TABLE 35 NORTH AMERICA: SMART GAS METER MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION) 105
11.2.2 BY TYPE 105
TABLE 36 NORTH AMERICA: SMART GAS METER MARKET SIZE, BY TYPE,
2019–2026 (USD MILLION) 105
11.2.3 BY COMPONENT 105
TABLE 37 NORTH AMERICA: SMART GAS METER MARKET SIZE, BY COMPONENT, 2019–2026 (USD MILLION) 105
11.2.4 BY END USER 106
TABLE 38 NORTH AMERICA: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD MILLION) 106
11.2.5 BY COUNTRY 106
TABLE 39 NORTH AMERICA: SMART GAS METER MARKET SIZE, BY COUNTRY,
2019–2026 (UNITS) 106
TABLE 40 NORTH AMERICA: SMART GAS METER MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 106
11.2.5.1 US 107
11.2.5.1.1 Increasing investments in development of smart metering infrastructure are driving market growth 107
TABLE 41 US: SMART GAS METER MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD MILLION) 107
TABLE 42 US: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD MILLION) 107
11.2.5.2 Canada 108
11.2.5.2.1 Growing need for reliable natural gas systems is driving market growth 108
TABLE 43 CANADA: SMART GAS METER MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD MILLION) 108
TABLE 44 CANADA: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD THOUSAND) 108
11.2.5.3 Mexico 109
11.2.5.3.1 Extensive smart meter rollout plans are driving market growth 109
TABLE 45 MEXICO: SMART GAS METER MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD MILLION) 109
TABLE 46 MEXICO: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD THOUSAND) 109
11.3 SOUTH AMERICA 110
11.3.1 BY TECHNOLOGY 110
TABLE 47 SOUTH AMERICA: SMART GAS METER MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD THOUSAND) 110
11.3.2 BY TYPE 110
TABLE 48 SOUTH AMERICA: SMART GAS METER MARKET SIZE, BY TYPE,
2019–2026 (USD THOUSAND) 110
11.3.3 BY COMPONENT 111
TABLE 49 SOUTH AMERICA: SMART GAS METER MARKET SIZE, BY COMPONENT, 2019–2026 (USD THOUSAND) 111
11.3.4 BY END USER 111
TABLE 50 SOUTH AMERICA: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD THOUSAND) 111
11.3.5 BY COUNTRY 111
TABLE 51 SOUTH AMERICA: SMART GAS METER MARKET SIZE, BY COUNTRY,
2019–2026 (UNITS) 111
TABLE 52 SOUTH AMERICA: SMART GAS METER MARKET SIZE, BY COUNTRY,
2019–2026 (USD THOUSAND) 112
11.3.5.1 Brazil 112
11.3.5.1.1 Growing need to reduce utility thefts and increase operational efficiency are driving market growth 112
TABLE 53 BRAZIL: SMART GAS METER MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD THOUSAND) 112
TABLE 54 BRAZIL: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD THOUSAND) 113
11.3.5.2 Argentina 113
11.3.5.2.1 Increasing smart grid initiatives and expanding domestic gas market are driving market growth 113
TABLE 55 ARGENTINA: SMART GAS METER MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD THOUSAND) 113
TABLE 56 ARGENTINA: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD THOUSAND) 114
11.3.5.3 Peru 114
11.3.5.3.1 Increasing smart meter rollouts and modernization are driving market growth 114
TABLE 57 PERU: SMART GAS METER MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD THOUSAND) 114
TABLE 58 PERU: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD THOUSAND) 115
?
11.3.5.4 Rest of South America 115
TABLE 59 REST OF SOUTH AMERICA: SMART GAS METER MARKET SIZE,
BY TECHNOLOGY, 2019–2026 (USD THOUSAND) 115
TABLE 60 REST OF SOUTH AMERICA: SMART GAS METER MARKET SIZE,
BY END USER, 2019–2026 (USD THOUSAND) 116
11.4 EUROPE 116
FIGURE 40 EUROPE: SNAPSHOT, 2020 117
11.4.1 BY TECHNOLOGY 118
TABLE 61 EUROPE: SMART GAS METER MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD MILLION) 118
11.4.2 BY TYPE 118
TABLE 62 EUROPE: SMART GAS METER MARKET SIZE, BY TYPE,
2019–2026 (USD MILLION) 118
11.4.3 BY COMPONENT 118
TABLE 63 EUROPE: SMART GAS METER MARKET SIZE, BY COMPONENT,
2019–2026 (USD MILLION) 118
11.4.4 BY END USER 119
TABLE 64 EUROPE: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD MILLION) 119
TABLE 65 EUROPE: SMART GAS METER MARKET SIZE, BY COUNTRY,
2019–2026 (UNITS) 119
11.4.5 BY COUNTRY 119
TABLE 66 EUROPE: SMART GAS METER MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 119
11.4.5.1 Germany 120
11.4.5.1.1 Increasing number of smart gas meter deployments is driving market growth 120
TABLE 67 GERMANY: SMART GAS METER MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD MILLION) 120
TABLE 68 GERMANY: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD MILLION) 120
11.4.5.2 France 121
11.4.5.2.1 Growing need for increasing efficiency of energy is driving market growth 121
TABLE 69 FRANCE: SMART GAS METER MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD MILLION) 121
TABLE 70 FRANCE: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD MILLION) 121
11.4.5.3 UK 122
11.4.5.3.1 Growing need for secure and sustainable energy supply is fueling market growth 122
TABLE 71 UK: SMART GAS METER MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD MILLION) 122
TABLE 72 UK: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD MILLION) 122
?
11.4.5.4 Spain 123
11.4.5.4.1 Increasing number of metering projects and implementation of smart grids to drive market growth 123
TABLE 73 SPAIN: SMART GAS METER MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD THOUSAND) 123
TABLE 74 SPAIN: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD THOUSAND) 123
11.4.5.5 Italy 124
11.4.5.5.1 New generation smart meter deployment is driving market growth 124
TABLE 75 ITALY: SMART GAS METER MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD THOUSAND) 124
TABLE 76 ITALY: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD THOUSAND) 124
11.4.5.6 Rest of Europe 125
TABLE 77 REST OF EUROPE: SMART GAS METER MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION) 125
TABLE 78 REST OF EUROPE: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD MILLION) 125
11.5 ASIA PACIFIC 126
FIGURE 41 ASIA PACIFIC: SNAPSHOT, 2020 126
11.5.1 BY TECHNOLOGY 127
TABLE 79 ASIA PACIFIC: SMART GAS METER MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD MILLION) 127
11.5.2 BY TYPE 127
TABLE 80 ASIA PACIFIC: SMART GAS METER MARKET SIZE, BY TYPE,
2019–2026 (USD MILLION) 127
11.5.3 BY COMPONENT 127
TABLE 81 ASIA PACIFIC: SMART GAS METER MARKET SIZE, BY COMPONENT,
2019–2026 (USD MILLION) 127
11.5.4 BY END USER 128
TABLE 82 ASIA PACIFIC: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD MILLION) 128
11.5.5 BY COUNTRY 128
TABLE 83 ASIA PACIFIC: SMART GAS METER MARKET SIZE, BY COUNTRY,
2019–2026 (UNITS) 128
TABLE 84 ASIA PACIFIC: SMART GAS METER MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 129
11.5.5.1 China 129
11.5.5.1.1 Greenfield investments in chemical and oil & gas industries to drive demand for smart gas meters 129
TABLE 85 CHINA: SMART GAS METER MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD MILLION) 130
TABLE 86 CHINA: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD MILLION) 130
?
11.5.5.2 Australia 130
11.5.5.2.1 Growing need for accurate gas measurements and operational efficiency to drive market growth 130
TABLE 87 AUSTRALIA: SMART GAS METER MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD MILLION) 131
TABLE 88 AUSTRALIA: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD THOUSAND) 131
11.5.5.3 Japan 131
11.5.5.3.1 Increasing deployments of smart utilities to increase demand for smart gas meters 131
TABLE 89 JAPAN: SMART GAS METER MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD MILLION) 132
TABLE 90 JAPAN: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD MILLION) 132
11.5.5.4 Malaysia 132
11.5.5.4.1 Increasing smart grid-related investments and focus on boosting growth of oil & gas industry to fuel market growth 132
TABLE 91 MALAYSIA: SMART GAS METER MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD THOUSAND) 133
TABLE 92 MALAYSIA: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD THOUSAND) 133
11.5.5.5 Indonesia 133
11.5.5.5.1 Expanding oil & gas industry and increasing focus on smart grid objective to drive market growth 133
TABLE 93 INDONESIA: SMART GAS METER MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD THOUSAND) 134
TABLE 94 INDONESIA: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD THOUSAND) 134
11.5.5.6 Singapore 134
11.5.5.6.1 Growing oil & gas and chemical industries are likely to boost growth of smart gas meter market 134
TABLE 95 SINGAPORE: SMART GAS METER MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD THOUSAND) 135
TABLE 96 SINGAPORE: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD THOUSAND) 135
11.5.5.7 Rest of Asia Pacific 135
TABLE 97 REST OF ASIA PACIFIC: SMART GAS METER MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION) 136
TABLE 98 REST OF ASIA PACIFIC: SMART GAS METER MARKET SIZE, BY END USER, 2019–2026 (USD THOUSAND) 136
11.6 MIDDLE EAST & AFRICA 136
11.6.1 BY TECHNOLOGY 136
TABLE 99 MIDDLE EAST & AFRICA: SMART GAS METER MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION) 136
11.6.2 BY TYPE 137
TABLE 100 MIDDLE EAST & AFRICA: SMART GAS METER MARKET SIZE, BY TYPE,
2019–2026 (USD MILLION) 137
?
11.6.3 BY COMPONENT 137
TABLE 101 MIDDLE EAST & AFRICA: SMART GAS METER MARKET SIZE, BY COMPONENT, 2019–2026 (USD MILLION) 137
11.6.4 BY END USER 137
TABLE 102 MIDDLE EAST & AFRICA: SMART GAS METER MARKET SIZE, BY END USER, 2019–2026 (USD THOUSAND) 137
11.6.5 BY COUNTRY 138
TABLE 103 MIDDLE EAST & AFRICA: SMART GAS METER MARKET SIZE, BY COUNTRY, 2019–2026 (UNITS) 138
TABLE 104 MIDDLE EAST & AFRICA: SMART GAS METER MARKET SIZE, BY COUNTRY, 2019–2026 (USD THOUSAND) 138
11.6.5.1 Saudi Arabia 139
11.6.5.1.1 Increasing focus on smart cities to drive market growth 139
TABLE 105 SAUDI ARABIA: SMART GAS METER MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD THOUSAND) 139
TABLE 106 SAUDI ARABIA: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD THOUSAND) 139
11.6.5.2 UAE 140
11.6.5.2.1 Increasing investments in oil & gas industry to boost market growth 140
TABLE 107 UAE: SMART GAS METER MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD THOUSAND) 140
TABLE 108 UAE: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD THOUSAND) 140
11.6.5.3 South Africa 141
11.6.5.3.1 Growing need for energy efficiency is driving market growth 141
TABLE 109 SOUTH AFRICA: SMART GAS METER MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD THOUSAND) 141
TABLE 110 SOUTH AFRICA: SMART GAS METER MARKET SIZE, BY END USER,
2019–2026 (USD THOUSAND) 141
11.6.5.4 Rest of the Middle East & Africa 142
TABLE 111 REST OF MIDDLE EAST & AFRICA: SMART GAS METER MARKET SIZE,
BY TECHNOLOGY, 2019–2026 (USD THOUSAND) 142
TABLE 112 REST OF MIDDLE EAST & AFRICA: SMART GAS METER MARKET SIZE,
BY END USER, 2019–2026 (USD THOUSAND) 142

12 COMPETITIVE LANDSCAPE 143
12.1 KEY PLAYERS STRATEGIES 143
TABLE 113 OVERVIEW OF KEY STRATEGIES DEPLOYED BY TOP PLAYERS, 2016–2020 143
12.2 SHARE ANALYSIS OF TOP 5 PLAYERS 145
TABLE 114 SMART GAS METER MARKET: DEGREE OF COMPETITION 146
FIGURE 42 SMART GAS METER MARKET SHARE ANALYSIS, 2019 146
12.3 MARKET EVALUATION FRAMEWORK 147
TABLE 115 MARKET EVALUATION FRAMEWORK 147
12.4 REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS 148
FIGURE 43 TOP 5 PLAYERS HAVE DOMINATED THE MARKET IN LAST 5 YEARS 148
12.5 COMPANY EVALUATION QUADRANT 149
12.5.1 STAR 149
12.5.2 EMERGING LEADER 149
12.5.3 PERVASIVE 149
12.5.4 PARTICIPANT 149
FIGURE 44 COMPETITIVE LEADERSHIP MAPPING: SMART GAS METER MARKET, 2019 150
TABLE 116 COMPANY PRODUCT FOOTPRINT 150
TABLE 117 COMPANY INDUSTRY FOOTPRINT 151
TABLE 118 COMPANY TECHNOLOGY FOOTPRINT 152
TABLE 119 COMPANY REGION FOOTPRINT 153
12.6 COMPETITIVE LEADERSHIP MAPPING OF START-UPS 154
12.6.1 PROGRESSIVE COMPANIES 154
12.6.2 RESPONSIVE COMPANIES 154
12.6.3 STARTING BLOCKS 154
12.6.4 DYNAMIC COMPANIES 154
FIGURE 45 COMPETITIVE LEADERSHIP MAPPING OF START-UPS, 2019 155
12.7 COMPETITIVE SCENARIO 156
TABLE 120 SMART GAS METER MARKET: PRODUCT LAUNCHES, JANUARY 2016–JANUARY 2021 156
TABLE 121 SMART GAS METER MARKET: DEALS, JANUARY 2016- JANUARY 2021 156
13 COMPANY PROFILES 158
13.1 MAJOR PLAYERS 158
(Business and financial overview, Products/solutions/services offered, Recent Developments, MNM view)*
13.1.1 APATOR GROUP 158
TABLE 122 APATOR GROUP: BUSINESS OVERVIEW 158
FIGURE 46 APATOR GROUP: COMPANY SNAPSHOT 159
13.1.2 DIEHL METERING 162
TABLE 123 DIEHL METERING: BUSINESS OVERVIEW 162
FIGURE 47 DIEHL METERING: COMPANY SNAPSHOT 163
13.1.3 HONEYWELL INTERNATIONAL 165
TABLE 124 HONEYWELL INTERNATIONAL: BUSINESS OVERVIEW 165
FIGURE 48 HONEYWELL INTERNATIONAL: COMPANY SNAPSHOT 166
13.1.4 ITRON 169
TABLE 125 ITRON: BUSINESS OVERVIEW 169
FIGURE 49 ITRON: COMPANY SNAPSHOT 170
13.1.5 LANDIS+GYR 173
TABLE 126 LANDIS+GYR: BUSINESS OVERVIEW 173
FIGURE 50 LANDIS+GYR: COMPANY SNAPSHOT 174
13.1.6 SENSUS (XYLEM) 177
TABLE 127 SENSUS(XYLEM): BUSINESS OVERVIEW 177
FIGURE 51 SENSUS (XYLEM): COMPANY SNAPSHOT 178
13.1.7 EDMI 180
TABLE 128 EDMI: BUSINESS OVERVIEW 180
13.1.8 CHONGQING SHANCHENG GAS EQUIPMENT 182
TABLE 129 CHONGQING SHANCHENG GAS EQUIPMENT: BUSINESS OVERVIEW 182
13.1.9 DANDONG DONGFA (GROUP) 183
TABLE 130 DANDONG DONGFA (GROUP): BUSINESS OVERVIEW 183
13.1.10 RAYCHEM RPG 184
TABLE 131 RAYCHEM RPG: BUSINESS OVERVIEW 184
13.1.11 CHINT 185
TABLE 132 CHINT: BUSINESS OVERVIEW 185
13.1.12 ZENNER 187
TABLE 133 ZENNER: BUSINESS OVERVIEW 187
13.1.13 MASTER METER 189
TABLE 134 MASTER METER: BUSINESS OVERVIEW 189
13.1.14 ACLARA TECHNOLOGIES 190
TABLE 135 ACLARA TECHNOLOGIES: BUSINESS OVERVIEW 190
13.1.15 WASION GROUP 192
TABLE 136 WASION GROUP: BUSINESS OVERVIEW 192
FIGURE 52 WASION GROUP: COMPANY SNAPSHOT 193
13.1.16 AICHI TOKEI DENKI 195
13.1.17 PIETRO FIORENTINI 195
13.1.18 SECURE METERS 196
13.1.19 FUJITSU 196
13.2 STARTUP/SME PLAYERS 197
13.2.1 SAGEMCOM 197
13.2.2 ADYA SMART METERING 197
13.2.3 ULTAN TECHNOLOGIES 198
13.2.4 POWERCOM 198
13.2.5 DISCOVERGY GMBH 199
13.2.6 SNS TECHNOSYS 199
*Details on Business and financial overview, Products/solutions/services offered, Recent Developments, MNM view might not be captured in case of unlisted companies.

14 APPENDIX 200
14.1 INSIGHTS OF INDUSTRY EXPERTS 200
14.2 DISCUSSION GUIDE 201
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 204
14.4 AVAILABLE CUSTOMIZATIONS 206
14.5 RELATED REPORTS 206
14.6 AUTHOR DETAILS 207