Press release
Smart Gas Meters Market Redefines Connected Gas Infrastructure for Digital Meter Distribution | United States, Japan & MENA
Smart Gas Meter Market reached US$ 2.2 billion in 2023 and is expected to reach US$ 3.6 billion by 2031 growing with a CAGR of 6.5% during the forecast period 2024-2031.DataM Intelligence has released its latest "Smart Gas Meters Market Size 2026" report, delivering comprehensive insights into market trends, growth opportunities, competitive dynamics, and regional performance. The report covers market size by value and volume, CAGR forecasts, and emerging opportunities, the report delivers data-driven insights into industry developments, competitive trends, and future market outlook, enabling more effective strategic planning and market expansion.
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United States: Recent Industry Developments
✅ June 2026: Landis+Gyr received New York Public Service Commission approval for its SurentTM G480 ultrasonic smart gas meter, becoming the first ultrasonic gas meter approved for use in New York State, enabling advanced remote monitoring and safety capabilities.
✅ May 2026: U.S. gas utilities accelerated investments in advanced metering infrastructure (AMI) and digital gas distribution networks to improve operational efficiency, leak detection, and real-time consumption monitoring amid grid modernization initiatives.
✅ March 2026: Several North American utilities expanded smart gas meter deployment programs integrated with IoT-based communication platforms to enhance billing accuracy and support predictive maintenance across gas distribution systems.
✅ January 2026: Utilities across the U.S. continued expanding smart meter analytics and customer engagement platforms as part of broader digital utility modernization and demand management strategies.
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Top List of Key Player:
Itron, Honeywell International, EDMI, Diehl Metering, ZENNER, Xylem Inc, Apator Group, Raychem RPG, CHINT, Master Meter.
Key Industry Developments 2026:
In June 2026, Landis+Gyr partnered with Origin Energy to launch one of Australia's first large-scale smart gas technology rollouts, enabling remote meter readings, IoT-enabled monitoring, and digital gas network management across residential and commercial customers.
In July 2026, Mahanagar Gas Limited (MGL) and India Post signed an MoU to deploy technology-enabled digital gas meter reading services across Mumbai, improving the accuracy and efficiency of smart gas metering operations.
In March 2026, THINK Gas announced the rollout of smart gas meters across its piped natural gas network in Kerala, enabling real-time gas consumption monitoring, prepaid billing, and more transparent customer billing.
In January 2026, Sensirion AG introduced its next-generation SGM5304 thermal-mass gas meter module at India Energy Week 2026, designed to support accurate measurement of natural gas, biogas, hydrogen blends, and pure hydrogen with ultra-low power consumption.
Growth Forecast Projection 2026:
The Global Smart Gas Meters Market is expected to witness significant growth during the forecast period 2026-2033. In 2025, the market is projected to accelerate as leading players continue to implement strategic initiatives that drive adoption. This sustained growth is set to create emerging opportunities and enhance long-term revenue potential across the industry.
How Our Market Research Process Works 2026-2033:
The Smart Gas Meters Market report by DataM Intelligence delivers comprehensive insights backed by extensive primary and secondary research. It analyzes key market trends, competitive dynamics, regulatory developments, technological advancements, emerging innovations, and growth opportunities while highlighting potential challenges and evolving market conditions. The report provides actionable intelligence to support strategic planning and identify future market potential.
Latest M & A/ partnerships in 2026:
• June 2026: Adani Energy Solutions signed a definitive agreement to acquire IntelliSmart Infrastructure for approximately ₹3,050 crore, strengthening its position as India's largest smart metering platform with over 47 million smart meters.
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Japan: Recent Industry Developments
✅ June 2026: Chubu Electric, Ryomo Systems, and Ogaki Gas launched a demonstration project utilizing smart gas meter communication networks to optimize gas cylinder delivery operations and improve logistics efficiency.
✅ May 2026: Japan's Ministry of Economy, Trade and Industry (METI) reinforced initiatives supporting next-generation electricity and gas infrastructure, encouraging wider adoption of advanced metering technologies for stable energy management.
✅ February 2026: Japan Exchange Group (JPX) and Japan Electric Power Exchange (JEPX) announced Phase 2 of the JJ-Link service, strengthening digital integration for electricity utilities and supporting advanced energy management infrastructure.
✅ January 2026: Japanese utilities continued investments in smart energy management systems, integrating advanced metering technologies to improve operational efficiency, energy balancing, and digital utility services.
Key Segmentation Plannings (2026):
By Reading: Circular Reading, Direct Reading
By Type: Smart Ultrasonic Gas Meter, Smart Diaphragm Gas Meter
By Component: Hardware, Software
By End-User: Residential, Commercial, Industrial
Global Market Growth Regional Analysis:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1 - Market Overview: Provides a comprehensive introduction to the Smart Gas Meters Market, including key segments by region, product type, and application, along with market size, growth potential, and short- and long-term outlook.
Chapter 2 - Emerging Trends: Highlights the latest industry trends, technological advancements, and innovations driving market transformation.
Chapter 3 - Competitive Landscape: Analyzes the competitive environment, including market share, strategic developments, partnerships, and recent mergers and acquisitions.
Chapter 4 - Leading Company Profiles: Presents detailed profiles of major market participants, covering revenue, product portfolios, operating performance, and recent developments.
Chapters 5 & 6 - Regional and Country Analysis: Delivers in-depth insights into market performance across key regions and countries, highlighting revenue trends, growth opportunities, and market potential.
Chapter 7 - Market Segmentation: Examines the market by type, identifying key segments, growth prospects, and high-opportunity areas.
Chapter 8 - Application Analysis: Explores major application areas, emerging demand trends, and sectors contributing to market expansion.
Chapter 9 - Supply Chain Analysis: Maps the end-to-end industry value chain, providing insights into upstream suppliers, downstream channels, and overall market structure.
Chapter 10 - Key Insights and Strategic Outlook: Summarizes the report with actionable insights, strategic recommendations, and growth opportunities to support future market planning.
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FAQ's
Q1: What is the current market size of the Smart Gas Meters Market and its future outlook?
Ans: The global Smart Gas Meters Market reached US$ 2.2 billion in 2023 and is forecast to attain US$ 3.6 billion by 2031
Q2: How fast is the Smart Gas Meters Market expected to grow during the forecast period?
Ans: The market is projected to expand at a CAGR of 6.5% from 2024 to 2031, reflecting strong growth potential over the forecast period.
Q3: Which region leads the Smart Gas Meters Market?
Ans: North America accounted for the largest market share in 2025
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Company Name: DataM Intelligence
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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