Press release
Global $4.3 Billion Gas Meter Market Research Report, Size, Share, Trends and Forecast to 2024
The global gas meter market is driven by support from government initiatives, technological advancements and the various favorable features of gas meters.Request for a sample copy of this report: https://www.imarcgroup.com/gas-meter-market/requestsample
According to the latest report by IMARC Group, titled “Gas Meter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global gas meter market size was US$ 3.2 Billion in 2018. A gas meter is a specialized flow meter designed for measuring the volume of various fuel gases such as natural gas and propane. The meter can provide the measurement irrespective of the quantity or quality of the gas flowing through it. These measurements help in keeping track of gas usage, calculating accurate bills and ensuring safe pressure of the gas. At present, there are two main variants of gas meters available in the markets, namely, displacement meters and flow meters. Displacement meters, such as diaphragm and rotary displacement meters, are used in residential applications. Whereas, flow meters, like turbine meters, are sensitive to the disturbed upstream flow profile and are usually installed in spaces where large gas quantities need to be measured.
Explore full report with table of contents: https://www.imarcgroup.com/gas-meter-market
Global Gas Meter Market Trends:
Over the past few years, numerous technological advancements have led to the development of smart meters. These meters offer better management of energy use, personalized reports and accurate billing. The emerging demand for smart meters is expected to lead the growth of the market in the near future. Other than this, governments of various nations have taken initiates to promote the installation of gas meters for reducing gas emissions. For instance, in 2018, the UK Government initiated the ‘Smart Metering Implementation Programme’ to replace over 53 million conventional gas and electricity meters with smart metering systems by the end of 2020. Moreover, there has been a notable rise in the consumption of natural gas by the manufacturing industry, which is further providing support to the buoyant demand for gas meters. Looking forward, the market is anticipated to reach a value of US$ 4.3 Billion by 2024, at a CAGR of 4.6% during 2019-2024.
Insights on Market Segmentation:
Breakup by Type:
1. Basic
2. Smart
The gas meter market has been bifurcated on the basis of the type which includes basic and smart segments. Currently, most of the consumers prefer basic gas meters in which the measurements are recorded manually.
Breakup by Application:
1. Residential
2. Commercial
3. Industrial
The report has analyzed the market according to the application into residential, commercial and industrial sectors. Amongst these, gas meters are mostly used in the residential sector on account of the implementation of regulatory norms by governments of several nations as an effort to reduce gas wastage.
Breakup by Region:
1. North America
2. Europe
3. Asia Pacific
4. Middle East and Africa
5. Latin America
On the geographical front, North America is the largest market for gas meters, holding the majority of the total market share. The market growth in the region is being driven by increasing deployment of smart grids, energy conservation and efforts made by utility companies for improving bill accuracy. Other major markets include Europe, Asia Pacific, Middle East and Africa, and Latin America.
Competitive Landscape:
The competitive landscape of the market has also been examined with some of the key players being Honeywell, Itron, Apator, Diehl Metering, and Sensus.
IMARC Group
309 2nd St, Brooklyn, NY 11215, USA
Website: www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on Linkedin: www.linkedin.com/company/imarc-group
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global $4.3 Billion Gas Meter Market Research Report, Size, Share, Trends and Forecast to 2024 here
News-ID: 1782898 • Views: …
More Releases from IMARC Group

India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insig …
As indicated in the latest market research report published by IMARC Group, titled "India Seafood Market Report by Type (Fish, Shrimps, Others), Form (Fresh/Chilled, Frozen/Canned, Processed), Distribution Channel (Off Trade, On Trade), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market.
Market Size & Future Growth Potential:
The India seafood…

India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025 …
Mutual Funds Market in India 2025:
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 2.50 Billion
Market Size in 2033: USD 5.90 Billion
Market Growth Rate (CAGR) 2025-2033: 10.03%
How Big is the India Mutual Funds Industry?
The India mutual funds market size reached USD 2.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.90 Billion by 2033, exhibiting a growth rate (CAGR) of 10.03% during 2025-2033.
Request…

Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Ex …
Market Overview:
The dimethyl ether market is experiencing significant growth momentum, driven by increasing demand for cleaner fuel alternatives, expanding applications in various industries, and supportive government policies promoting sustainable energy solutions. According to IMARC Group's latest research publication, "Dimethyl Ether Market Size, Share, Trends and Forecast by Raw Material, Application, End-Use Industry, and Region, 2025-2033", the global dimethyl ether market size reached USD 7.22 Billion in 2024. Looking forward, IMARC…

Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, P …
Setting up a glucometer manufacturing plant requires thorough market research alongside a minute understanding of numerous operating factors such as unit processes, purchasing of raw materials, utility supply, infrastructure creation, equipment and technology specifications, human resource planning, logistics, and cash outlay.
IMARC Group's report titled "Glucometer Manufacturing Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a…
More Releases for Meter
Smart Meter Market Set for Explosive Growth| Secure Meter, Kamsturp, Itron
Market Research Forecast published a new research publication on "Smart Meter Market" with 230+ pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Smart Meter market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled in the study…
Flow Meter Market Looks Ready For Takeoff: ABB, Badger Meter, Flexim
The Latest Released Global Flow Meter market study has evaluated the future growth potential of Global Flow Meter market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential…
Ultrasonic Water Meter Market Ultrasonic Water Meter Market
The proposed Ultrasonic Water Meter Market report will encompass all the qualitative & quantitative aspects including the market size, market estimates, growth rates & forecasts & hence will give you a holistic view of the market. The study also includes detailed analysis of market drivers, restraints, technological advancements & competitive landscape along with various micro & macro factors influencing the market dynamics.
The Ultrasonic Water Meter Market sample report…
Water Meter Market 2021 Growing Demand, Size and Business Outlook- Ningbo Water …
MarketInsightsReports, a leading global market research firm, is pleased to announce its new report on Water Meter market, forecast for 2021-2027, covering all aspects of the market and providing up-to-date data on current trends.
The Water Meter Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and…
Smart Gas Meter Market Outlook 2017- Trilliant, Sensus, Billion, Wasion, Meter I …
A market study ” Global Smart Gas Meter Market ” examines the performance of the Smart Gas Meter market 2017. It encloses an in-depth Research of the Smart Gas Meter market state and the competitive landscape globally. This report analyzes the potential of Smart Gas Meter market in the present and the future prospects from various angles in detail.
The Global Smart Gas Meter Market 2017 report includes Smart Gas Meter…
Global Smart Meter Market (Electricity, Gas, Water): By Type - Smart Electricity …
MarketResearchReports.Biz adds “Global Smart Meter Market 2011 Share, Size, Trends and Forecast to 2022 Market Research Report” reports to its database. This report provides a strategic analysis of the Smart Meter market and the growth estimates for the forecasted period.
Global rise in energy demand along with the emerging trends in smart grid technologies, integration, and advanced infrastructure along with IoT (Internet of Things) has led to the growth of Smart…