I. INTRODUCTION, METHODOLOGY & REPORT SCOPE I-1

II. EXECUTIVE SUMMARY II-1

1. MARKET OVERVIEW II-1
Impact of COVID-19 Pandemic on Smart Meters Market II-1
Pandemic Crisis Weakens Economic Environment, Triggering
Negative Tide in GDP II-2
Exhibit 1: World Economic Growth Projections (Real GDP, Annual %
Change) for 2019, 2020 & 2021 II-4
Smart Gas Solutions: Enabling Intelligent Metering, Monitoring,
Measuring and Control of Gas II-5
Smart Gas Meters: Gateway to the Digital Transformation of
Utilities II-6
A Note on Communication Infrastructure for Smart Gas Networks II-6
Global Market Prospects & Outlook II-7
AMR Meters Continue to be Major Device Type, AMI Meters Exhibit
Fast Paced Growth II-8
While Developed Regions Remain Primary Revenue Contributors,
Developing Regions Hold Strong Growth Potential II-9
Exhibit 2: Global Smart Gas Meters Market by Region: Percentage
Breakdown of Revenues for Developed and Developing Regions
(2020 & 2027) II-11
Exhibit 3: Global Market for Smart Gas Meters - Geographic
Regions Ranked by % CAGR (Revenues) for 2020-2027 II-12
Competitive Landscape II-12
American & European Vendors Dominate the Market II-12
Asian Enterprises Aim to Widen Market Footprint II-13
Novel Strategies Take Center Stage amid Escalating Competition II-13
Analytics: New Revenue Source for Software Vendors II-13
World Gas Meters Market: Market Share Findings II-14
Gas Meters Competitor Market Share Scenario Worldwide (in %): 2020 II-14
World Brands II-15
Recent Market Activity II-15

2. FOCUS ON SELECT PLAYERS II-17

3. MARKET TRENDS & DRIVERS II-19
Laying Strong Foundation for the Digital Transformation of Gas
Infrastructure, Smart Gas Metering Solutions Seek to
Revolutionize Gas Utility Operations II-19
Growing Relevancy of Smart Metering Solutions in Modern Gas
Utility: An Overview II-20
Utility Modernization & Upgrade Programs Create Highly
Conducive Environment for Smart Gas Market II-21
Demographic Dynamics Spur Energy Demand & Need for Reliable Gas
Infrastructure, Creating Opportunities for Smart Gas
Technologies II-22
Exhibit 4: World Population (in Thousands) by Geographic Region
for the Years 2019, 2030, 2050, 2100 II-23
A Note on Energy Demand Patterns II-24
Exhibit 5: Projected Global Demand for Electricity (TWh): 2015,
2020, 2025, 2030 & 2035 II-25
Exhibit 6: Global Primary Energy Consumption (Billion toe):
Growth Trajectory for the Period 1990-2040 II-25
Exhibit 7: Global Primary Energy Consumption (Billion toe) by
End-Use Sector (1995, 2017 and 2040) II-26
Exhibit 8: Global Energy Consumption (Billion toe) by Country/
Region (1995, 2017 and 2040): Breakdown for USA, China, India,
Russia, Brazil, EU, Middle East and Rest of World II-27
Urbanization Trend Instigates the Need for Modern Gas Utility
Network II-27
Exhibit 9: World Urban Population in Thousands: 1950-2050 II-28
Exhibit 10: Percentage of Urban Population in Select Countries
for 2018, 2020, 2030, 2040 and 2050 II-29
Smart City, the New Urban Infrastructure Concept, to Fuel Next
Wave of Growth II-29
Exhibit 11: Global Market for Smart City Technologies in US$
Million for the Years 2019 and 2025 II-30
Emergence of Natural Gas as Reliable Energy Source & Parallel
Increase in Gas Infrastructure Investments Creates Fertile
Environment II-31
Exhibit 12: Global Energy Production: Percentage Share
Breakdown of Production Volume by Energy Source for Years
1990, 2015 & 2035 II-32
Exhibit 13: Global Energy Consumption: Percentage Share
Breakdown of Consumption Volume by Energy Source for the Years
1990, 2015 & 2035 II-33
Exhibit 14: Global Natural Gas Production: Percentage Share
Breakdown of Production Volume by Region/Country for Years
1990, 2015 & 2035 II-34
Exhibit 15: Global Natural Gas Consumption: Percentage Share
Breakdown of Consumption Volume by Region/Country for Years
1990, 2015 & 2035 II-35
Offering Myriad Benefits, Natural Gas Withstands Competition
from Renewable Energy Sources II-35
Evolving Image of Shale Gas as a Viable Energy Source Bodes
Well for the Market II-36
Exhibit 16: Technically Recoverable Shale Gas (In Trillion
Cubic Feet) by Geographic Region II-37
Surging Demand for Fuel Gas Steers Market Penetration II-38
Exhibit 17: Global Natural Gas Reserves (in % Volume) by
Geographic Region II-39
Residential Vertical Remains the Dominant Segment for Consumer
-Grade Smart Gas Solutions II-39
Growing Consumer Spending on Smart Home Technologies Favors Growth II-40
Exhibit 18: Global Smart Homes Market (In US$ Billion) for the
Years 2019, 2021, 2023 & 2025 II-41
Smart Gas Solutions Gain Traction in Commercial & Industrial
End-Use Domains II-41
Need to Improve Functionality & Efficiency Paves Way for Wider
Uptake of Utility Automation & Control Solutions II-42
SCADA Systems II-42
Real-Time Data II-43
Big Data and IoT: Next Frontiers for Smart Gas II-43
Smart Gas Technologies Emphasize IIoT Ecosystem in Gas Utility II-44
Exhibit 19: World Big Data Market: Breakdown of Annual Revenues
(in US$ Billion) for Years 2015, 2019 & 2025 II-46
Exhibit 20: Global Number of IoT Connected Devices (In Billion)
for the Years 2016, 2018, 2020, 2022 & 2025 II-47
Cloud-based Software Solutions: Next Big Thing in Gas Networks II-47
On-Premises Vs. Cloud-based Software: A Cost Comparison Analysis II-48
Wireless Communication Systems Gain Traction in Smart Gas Networks II-48
Regulations & Standards Instigate New Demand for Smart Gas
Infrastructure Solutions II-48
Regulators and Utilities Address Consumer Concerns about Smart
Gas Solutions II-49
Resolving Prevailing Challenges: Critical for Future Success of
the Market II-50
High Deployment Costs II-50
Lack of Unified Standards & Interoperability Issues II-51
Privacy & Data Security Concerns II-51
Declining Natural Gas Prices & Lack of Incentives II-51
Improving Battery Lifetime: Need of the Hour II-51

4. GLOBAL MARKET PERSPECTIVE II-53
Table 1: World Current & Future Analysis for Smart Gas Meters
by Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 II-53

Table 2: World 7-Year Perspective for Smart Gas Meters by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets for Years 2020 & 2027 II-54

Table 3: World Current & Future Analysis for Advanced Meter
Infrastructure (AMI) by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027 II-55

Table 4: World 7-Year Perspective for Advanced Meter
Infrastructure (AMI) by Geographic Region - Percentage
Breakdown of Value Sales for USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World for Years 2020 & 2027 II-56

Table 5: World Current & Future Analysis for Automatic Meter
Reading (AMR) by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027 II-57

Table 6: World 7-Year Perspective for Automatic Meter Reading
(AMR) by Geographic Region - Percentage Breakdown of Value
Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World for Years 2020 & 2027 II-58

Table 7: World Current & Future Analysis for Residential by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 II-59

Table 8: World 7-Year Perspective for Residential by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027 II-60

Table 9: World Current & Future Analysis for Commercial by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 II-61

Table 10: World 7-Year Perspective for Commercial by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027 II-62

Table 11: World Current & Future Analysis for Industrial by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 II-63

Table 12: World 7-Year Perspective for Industrial by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027 II-64

III. MARKET ANALYSIS III-1

GEOGRAPHIC MARKET ANALYSIS III-1

UNITED STATES III-1
While COVID-19 Hits Smart Meters Market, Focus on Energy
Efficiency in Utilities and Smart Cities Projects to Drive
Long-term Growth III-1
The United States: Prime Market for Smart Gas Solutions & Services III-2
American Gas Utilities Prioritize Smart Technologies in their
Networks III-2
Multifarious Benefits Make Strong Business Case for AMI Smart
Gas Networks III-3
A Brief Note on Issues Hampering Growth Prospects III-4
Competitive Scenario: Domestic Vendors Dominate the Market III-4
Market Analytics III-5
Table 13: USA Current & Future Analysis for Smart Gas Meters by
Technology - Advanced Meter Infrastructure (AMI) and Automatic
Meter Reading (AMR) - Independent Analysis of Annual Sales in
US$ Million for the Years 2020 through 2027 III-5

Table 14: USA 7-Year Perspective for Smart Gas Meters by
Technology - Percentage Breakdown of Value Sales for Advanced
Meter Infrastructure (AMI) and Automatic Meter Reading (AMR)
for the Years 2020 & 2027 III-6

Table 15: USA Current & Future Analysis for Smart Gas Meters by
End-Use - Residential, Commercial and Industrial - Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 III-7

Table 16: USA 7-Year Perspective for Smart Gas Meters by
End-Use - Percentage Breakdown of Value Sales for Residential,
Commercial and Industrial for the Years 2020 & 2027 III-8

CANADA III-9
Table 17: Canada Current & Future Analysis for Smart Gas Meters
by Technology - Advanced Meter Infrastructure (AMI) and
Automatic Meter Reading (AMR) - Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 III-9

Table 18: Canada 7-Year Perspective for Smart Gas Meters by
Technology - Percentage Breakdown of Value Sales for Advanced
Meter Infrastructure (AMI) and Automatic Meter Reading (AMR)
for the Years 2020 & 2027 III-10

Table 19: Canada Current & Future Analysis for Smart Gas Meters
by End-Use - Residential, Commercial and Industrial -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 III-11

Table 20: Canada 7-Year Perspective for Smart Gas Meters by
End-Use - Percentage Breakdown of Value Sales for Residential,
Commercial and Industrial for the Years 2020 & 2027 III-12

JAPAN III-13
Smart Gas Solutions Enthuse Japanese Utilities Seeking to Build
Low Carbon, Energy-Efficient Society III-13
Utilities Rely on Telemetering Infrastructure to Implement
Smart Gas Networks III-13
Market Analytics III-15
Table 21: Japan Current & Future Analysis for Smart Gas Meters
by Technology - Advanced Meter Infrastructure (AMI) and
Automatic Meter Reading (AMR) - Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 III-15

Table 22: Japan 7-Year Perspective for Smart Gas Meters by
Technology - Percentage Breakdown of Value Sales for Advanced
Meter Infrastructure (AMI) and Automatic Meter Reading (AMR)
for the Years 2020 & 2027 III-16

Table 23: Japan Current & Future Analysis for Smart Gas Meters
by End-Use - Residential, Commercial and Industrial -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 III-17

Table 24: Japan 7-Year Perspective for Smart Gas Meters by
End-Use - Percentage Breakdown of Value Sales for Residential,
Commercial and Industrial for the Years 2020 & 2027 III-18

CHINA III-19
China: A Lucrative Market III-19
Market Analytics III-20
Table 25: China Current & Future Analysis for Smart Gas Meters
by Technology - Advanced Meter Infrastructure (AMI) and
Automatic Meter Reading (AMR) - Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 III-20

Table 26: China 7-Year Perspective for Smart Gas Meters by
Technology - Percentage Breakdown of Value Sales for Advanced
Meter Infrastructure (AMI) and Automatic Meter Reading (AMR)
for the Years 2020 & 2027 III-21

Table 27: China Current & Future Analysis for Smart Gas Meters
by End-Use - Residential, Commercial and Industrial -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 III-22

Table 28: China 7-Year Perspective for Smart Gas Meters by
End-Use - Percentage Breakdown of Value Sales for Residential,
Commercial and Industrial for the Years 2020 & 2027 III-23

EUROPE III-24
Though COVID-19 Pandemic Halts Smart Meter Installations in
Europe, Future Prospects Remain Bright III-24
Europe: Driving Force Behind World Smart Gas Solutions Market III-24
Huge Gas Consumer Base Makes Europe a Ripe Market for Smart Gas
Metering Solutions III-25
Various Approaches Possible for Smart Meter Deployments III-26
Overview of Smart Meter Deployments across Europe III-26
Challenges Deterring the Full-Scale Implementation of Smart Gas
Meters III-28
Market Analytics III-29
Table 29: Europe Current & Future Analysis for Smart Gas Meters
by Geographic Region - France, Italy, UK and Rest of Europe
Markets - Independent Analysis of Annual Sales in US$ Million
for Years 2020 through 2027 III-29

Table 30: Europe 7-Year Perspective for Smart Gas Meters by
Geographic Region - Percentage Breakdown of Value Sales for
France, Italy, UK and Rest of Europe Markets for Years 2020 &
2027 III-30

Table 31: Europe Current & Future Analysis for Smart Gas Meters
by Technology - Advanced Meter Infrastructure (AMI) and
Automatic Meter Reading (AMR) - Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 III-31

Table 32: Europe 7-Year Perspective for Smart Gas Meters by
Technology - Percentage Breakdown of Value Sales for Advanced
Meter Infrastructure (AMI) and Automatic Meter Reading (AMR)
for the Years 2020 & 2027 III-32

Table 33: Europe Current & Future Analysis for Smart Gas Meters
by End-Use - Residential, Commercial and Industrial -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 III-33

Table 34: Europe 7-Year Perspective for Smart Gas Meters by
End-Use - Percentage Breakdown of Value Sales for Residential,
Commercial and Industrial for the Years 2020 & 2027 III-34

FRANCE III-35
GrDF Undertakes Massive Smart Meter Project in France III-35
Market Analytics III-36
Table 35: France Current & Future Analysis for Smart Gas Meters
by Technology - Advanced Meter Infrastructure (AMI) and
Automatic Meter Reading (AMR) - Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 III-36

Table 36: France 7-Year Perspective for Smart Gas Meters by
Technology - Percentage Breakdown of Value Sales for Advanced
Meter Infrastructure (AMI) and Automatic Meter Reading (AMR)
for the Years 2020 & 2027 III-37

Table 37: France Current & Future Analysis for Smart Gas Meters
by End-Use - Residential, Commercial and Industrial -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 III-38

Table 38: France 7-Year Perspective for Smart Gas Meters by
End-Use - Percentage Breakdown of Value Sales for Residential,
Commercial and Industrial for the Years 2020 & 2027 III-39

ITALY III-40
Italy Follows Up Successful Smart Electricity Meter Rollout
with Smart Gas Meters III-40
Major Challenges Confronting Smart Gas Meters Installation in
Italy III-40
Market Analytics III-42
Table 39: Italy Current & Future Analysis for Smart Gas Meters
by Technology - Advanced Meter Infrastructure (AMI) and
Automatic Meter Reading (AMR) - Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 III-42

Table 40: Italy 7-Year Perspective for Smart Gas Meters by
Technology - Percentage Breakdown of Value Sales for Advanced
Meter Infrastructure (AMI) and Automatic Meter Reading (AMR)
for the Years 2020 & 2027 III-43

Table 41: Italy Current & Future Analysis for Smart Gas Meters
by End-Use - Residential, Commercial and Industrial -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 III-44

Table 42: Italy 7-Year Perspective for Smart Gas Meters by
End-Use - Percentage Breakdown of Value Sales for Residential,
Commercial and Industrial for the Years 2020 & 2027 III-45

UNITED KINGDOM III-46
The UK Market Blazes the Trail with Ambitious Smart Gas
Metering Program III-46
Market Analytics III-48
Table 43: UK Current & Future Analysis for Smart Gas Meters by
Technology - Advanced Meter Infrastructure (AMI) and Automatic
Meter Reading (AMR) - Independent Analysis of Annual Sales in
US$ Million for the Years 2020 through 2027 III-48

Table 44: UK 7-Year Perspective for Smart Gas Meters by
Technology - Percentage Breakdown of Value Sales for Advanced
Meter Infrastructure (AMI) and Automatic Meter Reading (AMR)
for the Years 2020 & 2027 III-49

Table 45: UK Current & Future Analysis for Smart Gas Meters by
End-Use - Residential, Commercial and Industrial - Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 III-50

Table 46: UK 7-Year Perspective for Smart Gas Meters by End-Use -
Percentage Breakdown of Value Sales for Residential,
Commercial and Industrial for the Years 2020 & 2027 III-51

REST OF EUROPE III-52
The Netherlands: Government Mandates Electricity and Gas Smart
Meter Rollout III-52
Market Analytics III-54
Table 47: Rest of Europe Current & Future Analysis for Smart
Gas Meters by Technology - Advanced Meter Infrastructure (AMI)
and Automatic Meter Reading (AMR) - Independent Analysis of
Annual Sales in US$ Million for the Years 2020 through 2027 III-54

Table 48: Rest of Europe 7-Year Perspective for Smart Gas
Meters by Technology - Percentage Breakdown of Value Sales for
Advanced Meter Infrastructure (AMI) and Automatic Meter Reading
(AMR) for the Years 2020 & 2027 III-55

Table 49: Rest of Europe Current & Future Analysis for Smart
Gas Meters by End-Use - Residential, Commercial and Industrial -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 III-56

Table 50: Rest of Europe 7-Year Perspective for Smart Gas
Meters by End-Use - Percentage Breakdown of Value Sales for
Residential, Commercial and Industrial for the Years 2020 &
2027 III-57

ASIA-PACIFIC III-58
Robust Growth Forecasts for Smart Gas Solutions in Asia-Pacific III-58
India: Smart Gas Metering Projects Gain Traction III-58
Market Analytics III-59
Table 51: Asia-Pacific Current & Future Analysis for Smart Gas
Meters by Technology - Advanced Meter Infrastructure (AMI) and
Automatic Meter Reading (AMR) - Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 III-59

Table 52: Asia-Pacific 7-Year Perspective for Smart Gas Meters
by Technology - Percentage Breakdown of Value Sales for
Advanced Meter Infrastructure (AMI) and Automatic Meter Reading
(AMR) for the Years 2020 & 2027 III-60

Table 53: Asia-Pacific Current & Future Analysis for Smart Gas
Meters by End-Use - Residential, Commercial and Industrial -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 III-61

Table 54: Asia-Pacific 7-Year Perspective for Smart Gas Meters
by End-Use - Percentage Breakdown of Value Sales for
Residential, Commercial and Industrial for the Years 2020 &
2027 III-62

REST OF WORLD III-63
Brazil: Growing Market for Smart Gas Technologies III-63
Market Analytics III-64
Table 55: Rest of World Current & Future Analysis for Smart Gas
Meters by Technology - Advanced Meter Infrastructure (AMI) and
Automatic Meter Reading (AMR) - Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 III-64

Table 56: Rest of World 7-Year Perspective for Smart Gas Meters
by Technology - Percentage Breakdown of Value Sales for
Advanced Meter Infrastructure (AMI) and Automatic Meter Reading
(AMR) for the Years 2020 & 2027 III-65

Table 57: Rest of World Current & Future Analysis for Smart Gas
Meters by End-Use - Residential, Commercial and Industrial -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 III-66

Table 58: Rest of World 7-Year Perspective for Smart Gas Meters
by End-Use - Percentage Breakdown of Value Sales for
Residential, Commercial and Industrial for the Years 2020 &
2027 III-67

IV. COMPETITION
Total Companies Profiled: 79