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    North America Smart Gas Meter Market

    ID: MRFR/E&P/46906-HCR
    200 Pages
    Chitranshi Jaiswal
    September 2025

    North America Smart Gas Meter Market Research Report By Product Type (Diaphragm, Turbine, Rotary Piston, Others), By Application (Residential, Commercial, Industrial) and By Regional (US, Canada)- Forecast to 2035

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    North America Smart Gas Meter Market Research Report - Forecast to 2035 Infographic
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    Table of Contents

    North America Smart Gas Meter Market Summary

    The North America Smart Gas Meter market is projected to grow from 3250 USD Million in 2024 to 6500 USD Million by 2035.

    Key Market Trends & Highlights

    North America Smart Gas Meter Key Trends and Highlights

    • The market is expected to achieve a compound annual growth rate (CAGR) of 6.5 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 6500 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 3250 USD Million, reflecting a strong foundation for future expansion.
    • Growing adoption of smart gas meters due to increasing demand for energy efficiency is a major market driver.

    Market Size & Forecast

    2024 Market Size 3250 (USD Million)
    2035 Market Size 6500 (USD Million)
    CAGR (2025 - 2035) 6.5%

    Major Players

    Apple Inc (US), Microsoft Corporation (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Procter & Gamble Co (US)

    North America Smart Gas Meter Market Trends

    These devices help utilities monitor gas usage in real-time, enabling dynamic pricing and incentivizing consumers to modify their usage patterns for better energy efficiency. There are numerous opportunities to be explored in the North American market, particularly due to the focus on smart city projects and advancements in Internet of Things (IoT) technology. The integration of smart gas meters with IoT can facilitate seamless communication between utilities and consumers, paving the way for improved service delivery and customer satisfaction. 

    Moreover, initiatives promoting grid modernization funded by the U.S. Department of Energy are fostering an environment ripe for innovation and investment in smart gas metering solutions. Recent trends indicate a shift towards the deployment of advanced metering infrastructure (AMI) across various states in North America as utility companies strive to enhance system reliability and lower operational costs.The rising emphasis on data analytics in energy management offers an additional layer of insight for gas providers, facilitating better forecasting and improved demand response strategies. 

    The North American Smart Gas Meter Market is certainly poised for transformational changes, given the convergence of policy mandates, technological advancement, and heightened awareness around energy efficiency among consumers.

    North America Smart Gas Meter Market Drivers

    Market Segment Insights

    North America Smart Gas Meter Market Segment Insights

    North America Smart Gas Meter Market Segment Insights

    Smart Gas Meter Market Product Type Insights

    Smart Gas Meter Market Product Type Insights

    The North America Smart Gas Meter Market is characterized by a diverse range of product types, which play a crucial role in the efficiency and reliability of gas utilities across the region. The primary categories within this segment include Diaphragm, Turbine, Rotary Piston, and Others. Each of these product types serves specific applications and is designed to meet various operational requirements, making their presence significant in the market landscape. Diaphragm gas meters are extensively used due to their reliability and accuracy, operating effectively in residential and commercial settings. 

    Their dominant share in the market is fueled by the need for precise billing and enhanced data collection capabilities, which help utility companies manage resources better. The technology employed in diaphragm meters is continually evolving, emphasizing communication capabilities that are essential for the smart grid initiative.In contrast, Turbine meters, known for their high accuracy and ability to handle large volumes of gas, find their significance in industrial applications. Their robustness allows them to perform efficiently in high-demand situations, which is essential for industries that require precision in gas flow measurement. 

    As energy consumption patterns evolve, the role of turbine meters becomes increasingly critical in optimizing gas usage and integrating with advanced monitoring systems.Rotary Piston meters, on the other hand, are appreciated for their low-pressure performance and durability, making them an ideal choice in specific niches of the market. These meters are particularly useful in applications where gas flow must be monitored reliably over extended periods, enhancing their market penetration in particular sectors. Their straightforward mechanical design contributes to their reliability, making them favorable among gas utilities.The category of Others includes various advanced technologies and proprietary products that offer specialized functionalities. 

    The demand for innovation in this segment is growing as more utilities seek to adopt smart metering technologies that provide additional insights through AI and machine learning integration. This future-oriented approach allows for better predictive maintenance and offers utility companies enriched data analytics capabilities.Overall, the North America Smart Gas Meter Market's product type segmentation reveals critical trends and opportunities. Each product typology addresses unique market needs and presents various growth opportunities, largely driven by advancements in technology, regulatory pressures, and a growing emphasis on energy efficiency and sustainability. 

    As the landscape of gas metering continues to evolve, understanding these product types will be essential for stakeholders aiming to capitalize on new developments within the sector. Each segment not only represents an integral part of the current infrastructure but also serves as a foundation for future innovations in smart gas metering technologies.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Smart Gas Meter Market Application Insights

    Smart Gas Meter Market Application Insights

    The North America Smart Gas Meter Market is increasingly segmented into various applications, including Residential, Commercial, and Industrial sectors, each playing a critical role in the overall market dynamics. Residential applications are vital due to the growing demand for enhanced energy efficiency and cost savings among homeowners, driving adoption rates significantly. Meanwhile, the Commercial sector is experiencing growth as businesses seek smarter solutions for energy management to reduce operational costs and meet regulatory requirements.

    The Industrial segment, although smaller, maintains its importance through widespread implementation for monitoring and optimizing gas usage in manufacturing processes. Collectively, these segments not only reflect the increasing emphasis on smart technologies but also indicate a shift towards more sustainable practices across various end-users in North America.

    This growing trend is supported by government initiatives aimed at promoting energy efficiency, as well as advancements in smart meter technology, which further facilitate accurate real-time data collection and management.As the demand for smart meters rises, opportunities for innovation and enhanced functionalities within these applications will likely drive the North America Smart Gas Meter Market forward.

    Get more detailed insights about North America Smart Gas Meter Market Research Report - Forecast to 2035

    Regional Insights

    Key Players and Competitive Insights

    The North America Smart Gas Meter Market has emerged as a critical segment within the broader energy management and utility sector, demonstrating dynamic growth fueled by advancements in technology and increasing consumer demand for efficient energy solutions. Competitive insights in this market reveal various players striving to maintain or enhance their market positions through innovation, strategic partnerships, and the expansion of their product offerings. Companies are increasingly focusing on integrating smart technology into gas metering solutions, addressing the growing need for accurate billing, real-time data analytics, and improved operational efficiency. 

    As utilities transition from traditional metering systems to smart meters, competition in the market is intensifying, making it vital for companies to differentiate themselves through technological advancements and superior service offerings.Landis+Gyr holds a prominent position in the North America Smart Gas Meter Market, renowned for its comprehensive range of advanced metering solutions tailored to enhance efficiency and reliability for utility providers. The company leverages its extensive expertise in energy management and smart grid technologies to deliver sophisticated gas metering products that not only meet regulatory requirements but also cater to the evolving needs of consumers and utilities alike. 

    One of the significant strengths of Landis+Gyr is its innovative approach to data analytics and connectivity, which allows for real-time monitoring and management of gas consumption. This capability enhances the operational efficiency of utility companies while fostering improved customer engagement through transparent billing and consumption insights.

    Their ongoing commitment to research and development positions them advantageously within the competitive landscape of the North American market, allowing them to provide cutting-edge solutions ahead of their competitors.Wasion Group is another key player in the North America Smart Gas Meter Market, recognized for its diverse portfolio of metering products and services designed to support the needs of gas utilities. 

    The company specializes in offering advanced metering infrastructure solutions, which include smart gas meters equipped with integrated communication technologies. One of Wasion Group’s primary strengths lies in its ability to provide customizable solutions tailored to specific regional requirements, ensuring compliance with local regulations and customer preferences. The company has made significant strides in developing its presence in the North American market through strategic partnerships and acquisitions, enhancing its market share and distribution capabilities.

     Furthermore, Wasion Group's investment in research and development has led to the introduction of innovative products that improve accuracy and consumer engagement. Their focus on enhancing smart energy solutions through technology continues to bolster their reputation within the region, allowing them to compete effectively in a rapidly evolving landscape.

    Key Companies in the North America Smart Gas Meter Market market include

    Industry Developments

    The North America Smart Gas Meter Market has witnessed significant developments recently, particularly with advancements in technology and the increasing demand for energy efficiency. As utilities seek to modernize their infrastructure, companies such as Landis+Gyr, Itron, and Honeywell have been at the forefront, launching innovative smart metering solutions. There have been discussions regarding the integration of artificial intelligence and IoT in gas meters for enhanced monitoring and data analytics. In terms of mergers and acquisitions, Itron announced its acquisition of a smart metering technology firm in June 2023, aimed at bolstering its portfolio and presence in the North American market. 

    Additionally, Badger Meter is reportedly seeking strategic partnerships to enhance its product offerings, especially in smart technology integration. Furthermore, the market is expected to grow significantly due to regulatory mandates emphasizing smart metering adoption for better energy management and reduced environmental impact. Government initiatives aim to promote smart infrastructure, driving investments in this sector. The push for sustainability, coupled with technological integration, continues to shape the dynamics of the smart gas meter landscape in North America.

    Market Segmentation

    Outlook

    • US
    • Canada

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 501.0(USD Million)
    MARKET SIZE 2024 519.0(USD Million)
    MARKET SIZE 2035 779.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 3.761% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Landis+Gyr, Wasion Group, Sensus, Honeywell, Tantalus Systems, Diehl Metering, Siemens, Elster, Cedar Communications, Itron, Kamstrup, Aclara, Badger Meter, General Electric
    SEGMENTS COVERED Product Type, Application, Regional
    KEY MARKET OPPORTUNITIES Rising demand for energy efficiency, Government incentives for smart technologies, Advancements in IoT and connectivity, Increasing focus on renewable energy integration, Aging infrastructure replacement needs
    KEY MARKET DYNAMICS technological advancements, regulatory support, increasing energy efficiency focus, growing utility investments, enhanced data analytics capabilities
    COUNTRIES COVERED US, Canada

    Market Highlights

    Author
    Chitranshi Jaiswal
    Research Analyst Level I

    In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

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    FAQs

    What is the projected market size of the North America Smart Gas Meter Market by 2035?

    The North America Smart Gas Meter Market is expected to be valued at 779.0 USD Million by 2035.

    What was the market value of the North America Smart Gas Meter Market in 2024?

    In 2024, the North America Smart Gas Meter Market was valued at 519.0 USD Million.

    What is the expected compound annual growth rate (CAGR) of the North America Smart Gas Meter Market from 2025 to 2035?

    The market is expected to grow at a CAGR of 3.761% from 2025 to 2035.

    Which product type is expected to be the largest segment in the North America Smart Gas Meter Market by 2035?

    The Diaphragm type is projected to dominate the market with a value of 375.0 USD Million by 2035.

    What is the market size of the US segment of the North America Smart Gas Meter Market in 2024?

    The US segment of the North America Smart Gas Meter Market is valued at 310.0 USD Million in 2024.

    How much is the Canadian segment of the market expected to grow by 2035?

    The Canadian segment is expected to reach a value of 309.0 USD Million by 2035.

    Who are the key players operating in the North America Smart Gas Meter Market?

    Major players include Landis+Gyr, Sensus, Honeywell, and Itron among others.

    What is the 2035 market value forecast for the Rotary Piston product type?

    The Rotary Piston product type is expected to be valued at 105.0 USD Million by 2035.

    What are the expected growth drivers for the North America Smart Gas Meter Market?

    Growth drivers include increasing demand for smart grid technology and energy efficiency.

    What is the expected market value of the Turbine product type by 2035?

    The Turbine product type is anticipated to reach a value of 225.0 USD Million by 2035.

    1. EXECUTIVE SUMMARY
    2. Market Overview
    3. Key Findings
    4. Market Segmentation
    5. Competitive Landscape
    6. Challenges and Opportunities
    7. Future Outlook
    8. MARKET INTRODUCTION
    9. Definition
    10. Scope of the study
    11. Research Objective
    12. Assumption
    13. Limitations
    14. RESEARCH METHODOLOGY
    15. Overview
    16. Data Mining
    17. Secondary Research
    18. Primary Research
    19. Primary Interviews and Information Gathering Process
    20. Breakdown of Primary Respondents
    21. Forecasting Model
    22. Market Size Estimation
    23. Bottom-Up Approach
    24. Top-Down Approach
    25. Data Triangulation
    26. Validation
    27. MARKET DYNAMICS
    28. Overview
    29. Drivers
    30. Restraints
    31. Opportunities
    32. MARKET FACTOR ANALYSIS
    33. Value chain Analysis
    34. Porter's Five Forces Analysis
    35. Bargaining Power of Suppliers
    36. Bargaining Power of Buyers
    37. Threat of New Entrants
    38. Threat of Substitutes
    39. Intensity of Rivalry
    40. COVID-19 Impact Analysis
    41. Market Impact Analysis
    42. Regional Impact
    43. Opportunity and Threat Analysis
    44. North America Smart Gas Meter Market, BY Product Type (USD Million)
    45. Diaphragm
    46. Turbine
    47. Rotary Piston
    48. Others
    49. North America Smart Gas Meter Market, BY Application (USD Million)
    50. Residential
    51. Commercial
    52. Industrial
    53. North America Smart Gas Meter Market, BY Regional (USD Million)
    54. US
    55. Canada
    56. Competitive Landscape
    57. Overview
    58. Competitive Analysis
    59. Market share Analysis
    60. Major Growth Strategy in the Smart Gas Meter Market
    61. Competitive Benchmarking
    62. Leading Players in Terms of Number of Developments in the Smart Gas Meter Market
    63. Key developments and growth strategies
    64. New Product Launch/Service Deployment
    65. Merger & Acquisitions
    66. Joint Ventures
    67. Major Players Financial Matrix
    68. Sales and Operating Income
    69. Major Players R&D Expenditure. 2023
    70. Company Profiles
    71. Landis+Gyr
    72. Financial Overview
    73. Products Offered
    74. Key Developments
    75. SWOT Analysis
    76. Key Strategies
    77. Wasion Group
    78. Financial Overview
    79. Products Offered
    80. Key Developments
    81. SWOT Analysis
    82. Key Strategies
    83. Sensus
    84. Financial Overview
    85. Products Offered
    86. Key Developments
    87. SWOT Analysis
    88. Key Strategies
    89. Honeywell
    90. Financial Overview
    91. Products Offered
    92. Key Developments
    93. SWOT Analysis
    94. Key Strategies
    95. Tantalus Systems
    96. Financial Overview
    97. Products Offered
    98. Key Developments
    99. SWOT Analysis
    100. Key Strategies
    101. Diehl Metering
    102. Financial Overview
    103. Products Offered
    104. Key Developments
    105. SWOT Analysis
    106. Key Strategies
    107. Siemens
    108. Financial Overview
    109. Products Offered
    110. Key Developments
    111. SWOT Analysis
    112. Key Strategies
    113. Elster
    114. Financial Overview
    115. Products Offered
    116. Key Developments
    117. SWOT Analysis
    118. Key Strategies
    119. Cedar Communications
    120. Financial Overview
    121. Products Offered
    122. Key Developments
    123. SWOT Analysis
    124. Key Strategies
    125. Itron
    126. Financial Overview
    127. Products Offered
    128. Key Developments
    129. SWOT Analysis
    130. Key Strategies
    131. Kamstrup
    132. Financial Overview
    133. Products Offered
    134. Key Developments
    135. SWOT Analysis
    136. Key Strategies
    137. Aclara
    138. Financial Overview
    139. Products Offered
    140. Key Developments
    141. SWOT Analysis
    142. Key Strategies
    143. Badger Meter
    144. Financial Overview
    145. Products Offered
    146. Key Developments
    147. SWOT Analysis
    148. Key Strategies
    149. General Electric
    150. Financial Overview
    151. Products Offered
    152. Key Developments
    153. SWOT Analysis
    154. Key Strategies
    155. References
    156. Related Reports
    157. North America Smart Gas Meter Market SIZE ESTIMATES & FORECAST, BY PRODUCT TYPE, 2019-2035 (USD Billions)
    158. North America Smart Gas Meter Market SIZE ESTIMATES & FORECAST, BY APPLICATION, 2019-2035 (USD Billions)
    159. North America Smart Gas Meter Market SIZE ESTIMATES & FORECAST, BY REGIONAL, 2019-2035 (USD Billions)
    160. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    161. ACQUISITION/PARTNERSHIP
    162. MARKET SYNOPSIS
    163. NORTH AMERICA SMART GAS METER MARKET ANALYSIS BY PRODUCT TYPE
    164. NORTH AMERICA SMART GAS METER MARKET ANALYSIS BY APPLICATION
    165. NORTH AMERICA SMART GAS METER MARKET ANALYSIS BY REGIONAL
    166. KEY BUYING CRITERIA OF SMART GAS METER MARKET
    167. RESEARCH PROCESS OF MRFR
    168. DRO ANALYSIS OF SMART GAS METER MARKET
    169. DRIVERS IMPACT ANALYSIS: SMART GAS METER MARKET
    170. RESTRAINTS IMPACT ANALYSIS: SMART GAS METER MARKET
    171. SUPPLY / VALUE CHAIN: SMART GAS METER MARKET
    172. SMART GAS METER MARKET, BY PRODUCT TYPE, 2025 (% SHARE)
    173. SMART GAS METER MARKET, BY PRODUCT TYPE, 2019 TO 2035 (USD Billions)
    174. SMART GAS METER MARKET, BY APPLICATION, 2025 (% SHARE)
    175. SMART GAS METER MARKET, BY APPLICATION, 2019 TO 2035 (USD Billions)
    176. SMART GAS METER MARKET, BY REGIONAL, 2025 (% SHARE)
    177. SMART GAS METER MARKET, BY REGIONAL, 2019 TO 2035 (USD Billions)
    178. BENCHMARKING OF MAJOR COMPETITORS

    North America Smart Gas Meter Market Segmentation

    • Smart Gas Meter Market By Product Type (USD Million, 2019-2035)

      • Diaphragm
      • Turbine
      • Rotary Piston
      • Others
    • Smart Gas Meter Market By Application (USD Million, 2019-2035)

      • Residential
      • Commercial
      • Industrial
    • Smart Gas Meter Market By Regional (USD Million, 2019-2035)

      • US
      • Canada

    Smart Gas Meter Market Regional Outlook (USD Million, 2019-2035)

    • North America Outlook (USD Million, 2019-2035)

      • North America Smart Gas Meter Market by Product Type

        • Diaphragm
        • Turbine
        • Rotary Piston
        • Others
      • North America Smart Gas Meter Market by Application Type

        • Residential
        • Commercial
        • Industrial
      • North America Smart Gas Meter Market by Regional Type

        • US
        • Canada
      • US Outlook (USD Million, 2019-2035)
      • US Smart Gas Meter Market by Product Type

        • Diaphragm
        • Turbine
        • Rotary Piston
        • Others
      • US Smart Gas Meter Market by Application Type

        • Residential
        • Commercial
        • Industrial
      • CANADA Outlook (USD Million, 2019-2035)
      • CANADA Smart Gas Meter Market by Product Type

        • Diaphragm
        • Turbine
        • Rotary Piston
        • Others
      • CANADA Smart Gas Meter Market by Application Type

        • Residential
        • Commercial
        • Industrial
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