Gas Meters Market - Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Technology, By Application, By Type, By Region & Competition, 2021-2031F

Description

The Global Gas Meters Market will grow from USD 5.61 Billion in 2025 to USD 7.97 Billion by 2031 at a 6.03% CAGR. The Global Gas Meters Market encompasses the manufacturing and supply of devices designed to measure the volume of fuel gases, such as natural gas and liquefied petroleum gas, consumed by residential, commercial, and industrial users.

Market Overview
Forecast Period	2027-2031
Market Size 2025	USD 5.61 Billion
Market Size 2031	USD 7.97 Billion
CAGR 2026-2031	6.03%
Fastest Growing Segment	Rotary Meters
Largest Market	North America

Key Market Drivers

Government mandates and regulatory support for smart meter rollouts are fundamentally reshaping the global landscape, compelling utilities to transition from mechanical units to advanced digital systems. This regulatory pressure is primarily driven by decarbonization goals and the necessity for grid modernization to handle renewable gas integration. By enforcing strict deployment timelines, national authorities ensure a steady replacement rate, thereby insulating the market from purely cyclical economic downturns.

Key Market Challenges

The high capital expenditure associated with deploying advanced metering infrastructure acts as a significant restraint on the Global Gas Meters Market. Utility providers often face immense financial pressure when attempting to modernize networks, as smart metering projects require substantial upfront investment in hardware, software, and communication networks. This economic burden is frequently compounded by regulatory complexities regarding data privacy and interoperability, which can extend project timelines and inflate implementation costs.

Key Market Trends

The development of hydrogen-compatible gas meters is accelerating as utilities pursue decarbonization through hydrogen blending and pure hydrogen injection. Traditional diaphragm units struggle with hydrogen's lower density and permeation risks, necessitating the engineering of static measurement technologies and materials resistant to embrittlement. This shift is supported by expanded testing capabilities to ensure infrastructure readiness for blended streams.

Key Market Players

Honeywell International Inc.
Itron Inc.
Apator SA
Diehl Stiftung & Co. KG
Xylem Inc.
Landis+Gyr Group AG
Badger Meter, Inc.
General Electric
Aclara Technologies LLC
EDMI Limited

Report Scope:

In this report, the Global Gas Meters Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Gas Meters Market, By Technology:

Standard Gas Meters and Smart Gas Meters

Gas Meters Market, By Application:

Residential
Commercial
Industrial

Gas Meters Market, By Type:

Diaphragm Meters
Rotary Meters
Turbine Meters and Ultrasonic Flow Meters

Gas Meters Market, By Region:

North America
United States
Canada
Mexico
Europe
France
United Kingdom
Italy
Germany
Spain
Asia Pacific
China
India
Japan
Australia
South Korea
South America
Brazil
Argentina
Colombia
Middle East & Africa
South Africa
Saudi Arabia
UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Gas Meters Market.

Available Customizations:

Global Gas Meters Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Gas Meters Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Technology (Standard Gas Meters and Smart Gas Meters)
- 5.2.2. By Application (Residential, Commercial, Industrial)
- 5.2.3. By Type (Diaphragm Meters, Rotary Meters, Turbine Meters and Ultrasonic Flow Meters)
- 5.2.4. By Region
- 5.2.5. By Company (2025)
5.3. Market Map

6. North America Gas Meters Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Technology
- 6.2.2. By Application
- 6.2.3. By Type
- 6.2.4. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Gas Meters Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Technology
    - 6.3.1.2.2. By Application
    - 6.3.1.2.3. By Type
- 6.3.2. Canada Gas Meters Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Technology
    - 6.3.2.2.2. By Application
    - 6.3.2.2.3. By Type
- 6.3.3. Mexico Gas Meters Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Technology
    - 6.3.3.2.2. By Application
    - 6.3.3.2.3. By Type

7. Europe Gas Meters Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Technology
- 7.2.2. By Application
- 7.2.3. By Type
- 7.2.4. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Gas Meters Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Technology
    - 7.3.1.2.2. By Application
    - 7.3.1.2.3. By Type
- 7.3.2. France Gas Meters Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Technology
    - 7.3.2.2.2. By Application
    - 7.3.2.2.3. By Type
- 7.3.3. United Kingdom Gas Meters Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Technology
    - 7.3.3.2.2. By Application
    - 7.3.3.2.3. By Type
- 7.3.4. Italy Gas Meters Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Technology
    - 7.3.4.2.2. By Application
    - 7.3.4.2.3. By Type
- 7.3.5. Spain Gas Meters Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Technology
    - 7.3.5.2.2. By Application
    - 7.3.5.2.3. By Type

8. Asia Pacific Gas Meters Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Technology
- 8.2.2. By Application
- 8.2.3. By Type
- 8.2.4. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Gas Meters Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Technology
    - 8.3.1.2.2. By Application
    - 8.3.1.2.3. By Type
- 8.3.2. India Gas Meters Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Technology
    - 8.3.2.2.2. By Application
    - 8.3.2.2.3. By Type
- 8.3.3. Japan Gas Meters Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Technology
    - 8.3.3.2.2. By Application
    - 8.3.3.2.3. By Type
- 8.3.4. South Korea Gas Meters Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Technology
    - 8.3.4.2.2. By Application
    - 8.3.4.2.3. By Type
- 8.3.5. Australia Gas Meters Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Technology
    - 8.3.5.2.2. By Application
    - 8.3.5.2.3. By Type

9. Middle East & Africa Gas Meters Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Technology
- 9.2.2. By Application
- 9.2.3. By Type
- 9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Gas Meters Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Technology
    - 9.3.1.2.2. By Application
    - 9.3.1.2.3. By Type
- 9.3.2. UAE Gas Meters Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Technology
    - 9.3.2.2.2. By Application
    - 9.3.2.2.3. By Type
- 9.3.3. South Africa Gas Meters Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Technology
    - 9.3.3.2.2. By Application
    - 9.3.3.2.3. By Type

10. South America Gas Meters Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Technology
- 10.2.2. By Application
- 10.2.3. By Type
- 10.2.4. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Gas Meters Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Technology
    - 10.3.1.2.2. By Application
    - 10.3.1.2.3. By Type
- 10.3.2. Colombia Gas Meters Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Technology
    - 10.3.2.2.2. By Application
    - 10.3.2.2.3. By Type
- 10.3.3. Argentina Gas Meters Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Technology
    - 10.3.3.2.2. By Application
    - 10.3.3.2.3. By Type

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Gas Meters Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Honeywell International Inc.
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Itron Inc.
15.3. Apator SA
15.4. Diehl Stiftung & Co. KG
15.5. Xylem Inc.
15.6. Landis+Gyr Group AG
15.7. Badger Meter, Inc.
15.8. General Electric
15.9. Aclara Technologies LLC
15.10. EDMI Limited