North America Gas Meter Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview 2023-2028:
The North America gas meter market size reached US$ 1.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.7% during 2023-2028.
Gas meter refers to a device which measures and regulates the volume of various fuel gases, including natural gas and liquified petroleum gas (LPG). It ensures that the pressure-regulated gas supply provides accurate bills to the consumers. Various types of gas meters are currently available in the market, based on several operational principles, like thermal, acoustic, tracer, velocity and displacement. Owing to this, they find wide applications in both the residential and commercial sectors in North America.
The North America gas meter market is currently being driven by several factors. The rising technological advancements have led to the introduction of smart gas meters with benefits, such as easier operability, remote access, controlled consumption and reduction in power outages. These advancements have also enabled the easier and convenient management of data obtained from gas meters, thus providing accuracy in bill generation and other related functions. Apart from this, the rising supply of both conventional and shale gas production has led to the development of new projects in the pipeline, thereby fueling the demand for gas meters across the region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the North America gas meter market report, along with forecasts at the regional and country levels from 2023-2028. Our report has categorized the market based on type and application.
Key Regions Analysed
United States
Canada
Analysis for Each Country
Market by Type
Basic
Smart
Market by Application
Residential
Commercial
Industrial
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
Competitive Landscape
Competitive Structure
Key Player Profiles
Key Questions Answered in This Report:
How has the North America gas meter market performed so far and how will it perform in the coming years?
What are the key regions in the North America gas meter market?
What has been the impact of COVID-19 on the North America gas meter market?
What is the breakup of the North America gas meter market on the basis of type?
What is the breakup of the North America gas meter market on the basis of application?
What are the various stages in the value chain of the North America gas meter industry?
What are the key driving factors and challenges in the North America gas meter industry?
What is the structure of the North America gas meter industry and who are the key players?
What is the degree of competition in the North America gas meter industry?
The North America gas meter market size reached US$ 1.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.7% during 2023-2028.
Gas meter refers to a device which measures and regulates the volume of various fuel gases, including natural gas and liquified petroleum gas (LPG). It ensures that the pressure-regulated gas supply provides accurate bills to the consumers. Various types of gas meters are currently available in the market, based on several operational principles, like thermal, acoustic, tracer, velocity and displacement. Owing to this, they find wide applications in both the residential and commercial sectors in North America.
The North America gas meter market is currently being driven by several factors. The rising technological advancements have led to the introduction of smart gas meters with benefits, such as easier operability, remote access, controlled consumption and reduction in power outages. These advancements have also enabled the easier and convenient management of data obtained from gas meters, thus providing accuracy in bill generation and other related functions. Apart from this, the rising supply of both conventional and shale gas production has led to the development of new projects in the pipeline, thereby fueling the demand for gas meters across the region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the North America gas meter market report, along with forecasts at the regional and country levels from 2023-2028. Our report has categorized the market based on type and application.
Key Regions Analysed
United States
Canada
Analysis for Each Country
Market by Type
Basic
Smart
Market by Application
Residential
Commercial
Industrial
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
Competitive Landscape
Competitive Structure
Key Player Profiles
Key Questions Answered in This Report:
How has the North America gas meter market performed so far and how will it perform in the coming years?
What are the key regions in the North America gas meter market?
What has been the impact of COVID-19 on the North America gas meter market?
What is the breakup of the North America gas meter market on the basis of type?
What is the breakup of the North America gas meter market on the basis of application?
What are the various stages in the value chain of the North America gas meter industry?
What are the key driving factors and challenges in the North America gas meter industry?
What is the structure of the North America gas meter industry and who are the key players?
What is the degree of competition in the North America gas meter industry?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1Overview
4.2Key Industry Trends
5 GLOBAL GAS METER MARKET
5.1Market Performance
5.2Market Breakup by Type
5.3Market Breakup by Application
5.4Market Breakup by Region
5.5Market Forecast
6 NORTH AMERICA GAS METER MARKET
6.1Market Performance
6.2Impact of COVID-19
6.3Market Forecast
7 NORTH AMERICA GAS METER MARKET: BREAKUP BY TYPE
7.1 Basic
7.2 Smart
8 NORTH AMERICA GAS METER MARKET: BREAKUP BY APPLICATION
8.1Residential
8.2Commercial
8.3Industrial
9 NORTH AMERICA GAS METER MARKET: BREAKUP BY COUNTRY
9.1 United States
9.1.1Historical Market Trends
9.1.2Market Breakup by Type
9.1.3Market Breakup by Application
9.1.4Market Forecast
9.2 Canada
9.2.1Historical Market Trends
9.2.2Market Breakup by Type
9.2.3Market Breakup by Application
9.2.4Market Forecast
10 SWOT ANALYSIS
10.1Overview
10.2Strengths
10.3Weaknesses
10.4Opportunities
10.5Threats
11 VALUE CHAIN ANALYSIS
11.1Overview
11.2Research and Development
11.3Raw Material Procurement
11.4Manufacturing
11.5Marketing
11.6Distribution
11.7End-Use
12 PORTER’S FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Rivalry
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 COMPETITIVE LANDSCAPE
13.1Market Structure
13.2Key Players
13.3Profiles of Key Players
2 SCOPE AND METHODOLOGY
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1Overview
4.2Key Industry Trends
5 GLOBAL GAS METER MARKET
5.1Market Performance
5.2Market Breakup by Type
5.3Market Breakup by Application
5.4Market Breakup by Region
5.5Market Forecast
6 NORTH AMERICA GAS METER MARKET
6.1Market Performance
6.2Impact of COVID-19
6.3Market Forecast
7 NORTH AMERICA GAS METER MARKET: BREAKUP BY TYPE
7.1 Basic
7.2 Smart
8 NORTH AMERICA GAS METER MARKET: BREAKUP BY APPLICATION
8.1Residential
8.2Commercial
8.3Industrial
9 NORTH AMERICA GAS METER MARKET: BREAKUP BY COUNTRY
9.1 United States
9.1.1Historical Market Trends
9.1.2Market Breakup by Type
9.1.3Market Breakup by Application
9.1.4Market Forecast
9.2 Canada
9.2.1Historical Market Trends
9.2.2Market Breakup by Type
9.2.3Market Breakup by Application
9.2.4Market Forecast
10 SWOT ANALYSIS
10.1Overview
10.2Strengths
10.3Weaknesses
10.4Opportunities
10.5Threats
11 VALUE CHAIN ANALYSIS
11.1Overview
11.2Research and Development
11.3Raw Material Procurement
11.4Manufacturing
11.5Marketing
11.6Distribution
11.7End-Use
12 PORTER’S FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Rivalry
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 COMPETITIVE LANDSCAPE
13.1Market Structure
13.2Key Players
13.3Profiles of Key Players
LIST OF TABLES
Table 1: North America: Gas Meter Market: Key Industry Highlights, 2022 and 2028
Table 2: North America: Gas Meter Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: North America: Gas Meter Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: North America: Gas Meter Market Forecast: Breakup by Country (in Million US$), 2023-2028
Table 5: North America: Gas Meter Market: Competitive Structure
Table 6: North America: Gas Meter Market: Key Players
Table 1: North America: Gas Meter Market: Key Industry Highlights, 2022 and 2028
Table 2: North America: Gas Meter Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: North America: Gas Meter Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: North America: Gas Meter Market Forecast: Breakup by Country (in Million US$), 2023-2028
Table 5: North America: Gas Meter Market: Competitive Structure
Table 6: North America: Gas Meter Market: Key Players
LIST OF FIGURES
Figure 1: North America: Gas Meter Market: Major Drivers and Challenges
Figure 2: Global: Gas Meter Market: Value Trends (in Billion US$), 2017-2022
Figure 3: Global: Gas Meter Market: Breakup by Type (in %), 2022
Figure 4: Global: Gas Meter Market: Breakup by Application (in %), 2022
Figure 5: Global: Gas Meter Market: Breakup by Region (in %), 2022
Figure 6: Global: Gas Meter Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 7: North America: Gas Meter Market: Value Trends (in Billion US$), 2017-2022
Figure 8: North America: Gas Meter Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 9: North America: Gas Meter Market: Breakup by Type (in %), 2022
Figure 10: North America: Gas Meter (Basic) Market: Value Trends (in Million US$), 2017 & 2022
Figure 11: North America: Gas Meter (Basic) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 12: North America: Gas Meter (Smart) Market: Value Trends (in Million US$), 2017 & 2022
Figure 13: North America: Gas Meter (Smart) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 14: North America: Gas Meter Market: Breakup by Application (in %), 2022
Figure 15: North America: Gas Meter (Residential) Market: Value Trends (in Million US$), 2017 & 2022
Figure 16: North America: Gas Meter (Residential) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 17: North America: Gas Meter (Commercial) Market: Value Trends (in Million US$), 2017 & 2022
Figure 18: North America: Gas Meter (Commercial) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 19: North America: Gas Meter (Industrial) Market: Value Trends (in Million US$), 2017 & 2022
Figure 20: North America: Gas Meter (Industrial) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 21: North America: Gas Meter Market: Breakup by Country (in %), 2022
Figure 22: United States: Gas Meter Market: Value Trends (in Million US$), 2017-2022
Figure 23: United States: Gas Meter Market: Breakup by Type (in %), 2022
Figure 24: United States: Gas Meter Market: Breakup by Application (in %), 2022
Figure 25: United States: Gas Meter Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 26: Canada: Gas Meter Market: Value Trends (in Million US$), 2017-2022
Figure 27: Canada: Gas Meter Market: Breakup by Type (in %), 2022
Figure 28: Canada: Gas Meter Market: Breakup by Application (in %), 2022
Figure 29: Canada: Gas Meter Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 30: North America: Gas Meter Industry: SWOT Analysis
Figure 31: North America: Gas Meter Industry: Value Chain Analysis
Figure 32: North America: Gas Meter Industry: Porter’s Five Forces Analysis
Figure 1: North America: Gas Meter Market: Major Drivers and Challenges
Figure 2: Global: Gas Meter Market: Value Trends (in Billion US$), 2017-2022
Figure 3: Global: Gas Meter Market: Breakup by Type (in %), 2022
Figure 4: Global: Gas Meter Market: Breakup by Application (in %), 2022
Figure 5: Global: Gas Meter Market: Breakup by Region (in %), 2022
Figure 6: Global: Gas Meter Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 7: North America: Gas Meter Market: Value Trends (in Billion US$), 2017-2022
Figure 8: North America: Gas Meter Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 9: North America: Gas Meter Market: Breakup by Type (in %), 2022
Figure 10: North America: Gas Meter (Basic) Market: Value Trends (in Million US$), 2017 & 2022
Figure 11: North America: Gas Meter (Basic) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 12: North America: Gas Meter (Smart) Market: Value Trends (in Million US$), 2017 & 2022
Figure 13: North America: Gas Meter (Smart) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 14: North America: Gas Meter Market: Breakup by Application (in %), 2022
Figure 15: North America: Gas Meter (Residential) Market: Value Trends (in Million US$), 2017 & 2022
Figure 16: North America: Gas Meter (Residential) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 17: North America: Gas Meter (Commercial) Market: Value Trends (in Million US$), 2017 & 2022
Figure 18: North America: Gas Meter (Commercial) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 19: North America: Gas Meter (Industrial) Market: Value Trends (in Million US$), 2017 & 2022
Figure 20: North America: Gas Meter (Industrial) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 21: North America: Gas Meter Market: Breakup by Country (in %), 2022
Figure 22: United States: Gas Meter Market: Value Trends (in Million US$), 2017-2022
Figure 23: United States: Gas Meter Market: Breakup by Type (in %), 2022
Figure 24: United States: Gas Meter Market: Breakup by Application (in %), 2022
Figure 25: United States: Gas Meter Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 26: Canada: Gas Meter Market: Value Trends (in Million US$), 2017-2022
Figure 27: Canada: Gas Meter Market: Breakup by Type (in %), 2022
Figure 28: Canada: Gas Meter Market: Breakup by Application (in %), 2022
Figure 29: Canada: Gas Meter Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 30: North America: Gas Meter Industry: SWOT Analysis
Figure 31: North America: Gas Meter Industry: Value Chain Analysis
Figure 32: North America: Gas Meter Industry: Porter’s Five Forces Analysis
