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Europe Smart Gas Meter Market Size

  • Report ID: GMI9231
  • Published Date: Apr 2024
  • Report Format: PDF

Europe Smart Gas Meter Market Size

Europe Smart Gas Meter Market was valued at USD 3.4 billion in 2023 and is anticipated to grow at a CAGR of 14.4% from 2024 to 2032. It demonstrates robust growth, characterized by a steady increase in adoption and deployment. This expansion is primarily fuelled by several factors, including government initiatives promoting energy efficiency, stringent regulations mandating the installation of smart meters, and the growing awareness among consumers regarding the benefits of smart gas meters. Additionally, advancements in technology, such as the integration of IoT and data analytics, enhance meter functionality, driving further market growth.


Moreover, the demand for accurate and real-time monitoring of gas consumption, coupled with the need for optimizing utility operations, is contributing to the market's upward trajectory. As a result, both utility companies and consumers are increasingly embracing smart gas meters, indicating a promising outlook for continued growth in the European market. In the region, there are ongoing developments aimed at installing gas meters to accommodate larger gas supplies.

Authors: Ankit Gupta, Utkarsh Mahajan

Frequently Asked Questions (FAQ) :

The market size of Europe smart gas meter was reached USD 3.4 billion in 2023 and will grow at 14.4% CAGR from 2024-2032, driven by government initiatives for promoting energy efficiency.

The residential application segment in the Europe smart gas meter market held a decent share in 2023 and will exceed USD 5.3 billion by 2032, due to the increasing adoption of smart home technologies.

Italy smart gas meter market size will surpass USD 3 billion by 2032 due to its robust technological infrastructure.

Aclara Technologies LLC, AEM, Apator SA, Azbil Kimmon Co., Ltd., Chint Group, Honeywell International, Inc., and Itron, Inc. among others.

Europe Smart Gas Meter Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 144
  • Countries covered: 8
  • Pages: 125
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