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Smart Gas Global Market Report 2025: Unearthing the Crucial Numbers, Drivers, and Trends

01-24-2025 08:33 AM CET | Energy & Environment

Press release from: The Business Research Company

Smart Gas Market Share

Smart Gas Market Share

The Smart Gas Global Market report provides a comprehensive analysis of industry trends, key players, and growth stimulants, painting a data-driven landscape of the smart gas sector.

What Is The Projected Market Size Of The Smart Gas Global Market Report 2025 And Its Growth Rate?
The smart gas market witnessed substantial growth over the years, with major uplifts expected in future.
• The market size grew from $28.14 billion in 2024 to an estimated value of $32.5 billion in 2025 at a CAGR of 15.5%.
• The notable growth can be accredited to regulatory initiatives, infrastructure modernization, cost reduction pressures, and environmental awareness among others.
• The market size is slated for an explosive growth, projected to reach "$59.92 billion in 2029 at a CAGR of 16.5%.

What Is Driving The Growth In The Smart Gas Global Market Report 2025?
The rapid uptake of natural gas plays a pivotal role in driving the smart gas market ahead. Natural gas is majorly used in residential and commercial sectors for various purposes including heating buildings, running refrigeration equipment, cooking, and providing outdoor lighting. Harnessing smart gas technology within natural gas systems allows for enhanced decision-making and risk management, as well as offers detailed data and analytical insights, proving essential for the gas distribution network. As per the findings of the US Energy Information Administration, the US utilized about 30.66 trillion cubic feet of natural gas in 2021, accounting for 32% of total US energy consumption. Therefore, the increased usage of natural gas is significantly driving the growth of the smart gas market.

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Who Are the Key Players Driving Smart Gas Global Market Report 2025 Growth?
Key players contributing to the growth of the smart gas market include:
• General Electric Company
• Itron Inc
• Schneider Electric SE
• ABB Group
• Landis+Gyr Inc
• Oracle Corporation
• Elster Group SE
• Xylem Brand
• Aclara Technologies LLC
• Cap Gemini S.A.

What Are The Key Trends In The Smart Gas Global Market Report 2025?
Some prominent trends shaping the smart gas market are:
• Advanced metering infrastructure (AMI)
• Application of data analytics and artificial intelligence
• Implementation of cybersecurity measures
• Integration of renewable gas
• Adoption of blockchain technology
• Smart city initiatives

What Are The Segments Of The Smart Gas Global Market Report 2025?
The global smart gas market is segmented based on multiple factors:
• Device: Automatic Meter Reading (AMR), Advanced Meter Infrastructure (AMI)
• Solution: Supervisory Control And Data Acquisition (SCADA), Geographical Information System (GIS), Enterprise Asset Management, others.
• Service: System Integration, Program Management, Installation
• End-User: Commercial And Industrial, Residential

Which Region Leads The Smart Gas Global Market Report 2025?
In 2024, North America dominated the smart gas market. However, during the forecast period, the Asia-Pacific region is anticipated to be the fastest-growing region globally. Other regions covered in the smart gas market report include Western Europe, Eastern Europe, South America, the Middle East, and Africa.

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What Is Covered In The Smart Gas Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Smart Gas Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Smart Gas Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Smart Gas Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Smart Gas Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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