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North America Gas Meter Market Trends

  • Report ID: GMI11205
  • Published Date: Sep 2024
  • Report Format: PDF

North America Gas Meter Market Trends

In North America, gas meters are increasingly leaning towards the adoption of smart metering technology. These sophisticated meters, which offer real-time data and remote monitoring capabilities, are setting the standard as utilities upgrade their infrastructure. According to the American Gas Association (AGA), this transition is fueled by demands for enhanced energy management, precise billing accuracy, and the incorporation of smart grid technology, facilitating more efficient energy distribution. Urban areas are at the forefront of this trend, with utilities pouring investments into advanced metering infrastructure (AMI) to streamline gas usage and cut operational costs. The AGA reports that over 60% of utilities in major cities have already implemented or are in the process of deploying AMI systems.
 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of North America gas meter was worth over USD 3.7 billion in 2023 and is anticipated to register 5.1% CAGR between 2024 to 2032, fuelled by rising demand for smart metering solutions and the growth of natural gas infrastructure.

North America gas meter industry from the diaphragm segment will record USD 2.6 billion by 2032, due to their established reliability, accuracy, and cost-effectiveness especially in residential and small commercial settings.

U.S. gas meter industry size may reach USD 4.4 billion by 2032, due to its extensive natural gas infrastructure and high demand in residential, commercial, and industrial sectors.

Aclara Tech, Itron Inc., Badger Meter, Diehl, Schneider, Honeywell, Siemens, Xyllem, Zenner, Master Meter, Mueller Meter, Kamstrup, and Neptune Technology Group, among others.

North America Gas Meter Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 49
  • Countries covered: 3
  • Pages: 210
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