Press release
Europe Smart Gas Meter Market Growth, Size & Forecast to 2025
Europe Smart Gas Meter Market Size
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However, in contrast to the Electricity Directive, which requires that 80% of consumers should have smart electricity meters by 2020, the Gas Directive does not specify how many consumers should have smart meters or provide a deadline for deployments following a positive CBA. This lack of enforceable EU regulations has contributed to the slower approach in gas, and several EU member’s states are yet to submit their CBAs for gas.
A full report of Europe Smart Gas Meter Market is available at: https://www.omrglobal.com/industry-reports/european-smart-gas-meter-market
A number of factors affect both, the business case and possible social benefits of smart gas metering including the density of targeted gas customers, gas customer expenditure relative to electricity expenditure, the competitiveness of supply market and need for consumer engagement, meter location, and meter ownership. There exists considerable variability in the drivers of smart gas meter market at a national level and also, the pros and cons of smart gas metering vary widely in the region. Moreover, with the availability of next-generation technologies such as IoT-optimized 4G/5G mobile, it is expected that there will be a shift from legacy RF platforms to emerging standards like NB-IoT for gas metering which is further supporting the growth of smart metering solutions in Europe.
Market Segmentation
Europe Smart Gas Meter Market by Type
· Advanced Metering Infrastructure (AMI)
· Automatic Meter Reading (AMR)
Europe Smart Gas Meter Market by Application
· Residential
· Commercial
· Industrial
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