The global market for Gas Meter was estimated to be worth US$ 3705 million in 2024 and is forecast to a readjusted size of US$ 58.5 million by 2031 with a CAGR of -150.0% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Gas Meter cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
In 2024, global Gas Meter production reached approximately 95 million units, with an average global market price of around US$ 39 per unit.A gas meter is a specialized flow meter, used to measure the volume of fuel gases such as natural gas and liquefied petroleum gas. Gas meters are used at residential, commercial, and industrial buildings that consume fuel gas supplied by a gas utility.
The global gas meter market is experiencing steady growth, driven by the increasing demand for efficient energy management, the expansion of gas infrastructure, and the shift toward digital metering technologies. Gas meters are devices used to measure the volume of gas consumed in residential, commercial, and industrial applications. These meters play a crucial role in billing accuracy, energy consumption monitoring, and ensuring safe distribution of natural gas. With growing urbanization, rising energy needs, and a global push for cleaner energy sources, the natural gas industry is expanding, which directly fuels the demand for advanced and reliable gas metering solutions. The gas meter market is broadly categorized into traditional analog meters and modern smart or intelligent gas meters. While analog meters continue to be used in many regions due to their low cost and simplicity, the market is increasingly shifting toward smart gas meters that enable real-time data transmission, remote monitoring, automated billing, leak detection, and system diagnostics. These smart meters are gaining popularity as utility providers seek to modernize their infrastructure, reduce operational costs, and improve customer satisfaction through greater transparency and accuracy. Regionally, the Asia-Pacific region is the fastest-growing market, driven by rapid industrialization, urban development, and large-scale government programs to expand gas pipeline networks in countries like China and India. Europe and North America also represent significant markets due to mature utility infrastructure and early adoption of smart metering technologies. In Europe, for example, regulatory mandates have led to widespread smart meter rollouts, especially in countries like the UK, Italy, and the Netherlands. Latin America, the Middle East, and Africa are emerging markets with strong potential, supported by infrastructure development and efforts to increase natural gas usage as a cleaner energy source.
This report aims to provide a comprehensive presentation of the global market for Gas Meter, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Gas Meter by region & country, by Type, and by Application.
The Gas Meter market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Gas Meter.
Market Segmentation
By Company
- Honeywell
- Goldcard Smart Group
- Itron
- Viewshine Metering
- Diehl Metering
- Landis+Gyr
- MeterSit
- Hangzhou Innover Technology
- Chongqing Qianwei Technologies Group
- ZENNER Metering Technology (Shanghai)
- Sensus
- Chengdu Qianjia
- Chengdu Qinchuan IoT Technology
- EDMI
- Liaoning Sikai
- Suntront Technology
- Apator Group
- Chongqing Shancheng Gas Equipment
- Flonidan
- Sichuan Haili
Segment by Type
- Conventional Gas Meter
- Smart Gas Meter
Segment by Application
- Residential
- Commercial and Industrial
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Gas Meter manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Gas Meter in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Gas Meter in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Gas Meter Product Introduction
- 1.2 Global Gas Meter Market Size Forecast
- 1.2.1 Global Gas Meter Sales Value (2020-2031)
- 1.2.2 Global Gas Meter Sales Volume (2020-2031)
- 1.2.3 Global Gas Meter Sales Price (2020-2031)
- 1.3 Gas Meter Market Trends & Drivers
- 1.3.1 Gas Meter Industry Trends
- 1.3.2 Gas Meter Market Drivers & Opportunity
- 1.3.3 Gas Meter Market Challenges
- 1.3.4 Gas Meter Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Gas Meter Players Revenue Ranking (2024)
- 2.2 Global Gas Meter Revenue by Company (2020-2025)
- 2.3 Global Gas Meter Players Sales Volume Ranking (2024)
- 2.4 Global Gas Meter Sales Volume by Company Players (2020-2025)
- 2.5 Global Gas Meter Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Gas Meter Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Gas Meter Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Gas Meter
- 2.9 Gas Meter Market Competitive Analysis
- 2.9.1 Gas Meter Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Gas Meter Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Gas Meter as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Conventional Gas Meter
- 3.1.2 Smart Gas Meter
- 3.2 Global Gas Meter Sales Value by Type
- 3.2.1 Global Gas Meter Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Gas Meter Sales Value, by Type (2020-2031)
- 3.2.3 Global Gas Meter Sales Value, by Type (%) (2020-2031)
- 3.3 Global Gas Meter Sales Volume by Type
- 3.3.1 Global Gas Meter Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Gas Meter Sales Volume, by Type (2020-2031)
- 3.3.3 Global Gas Meter Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Gas Meter Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Residential
- 4.1.2 Commercial and Industrial
- 4.2 Global Gas Meter Sales Value by Application
- 4.2.1 Global Gas Meter Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Gas Meter Sales Value, by Application (2020-2031)
- 4.2.3 Global Gas Meter Sales Value, by Application (%) (2020-2031)
- 4.3 Global Gas Meter Sales Volume by Application
- 4.3.1 Global Gas Meter Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Gas Meter Sales Volume, by Application (2020-2031)
- 4.3.3 Global Gas Meter Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Gas Meter Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Gas Meter Sales Value by Region
- 5.1.1 Global Gas Meter Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Gas Meter Sales Value by Region (2020-2025)
- 5.1.3 Global Gas Meter Sales Value by Region (2026-2031)
- 5.1.4 Global Gas Meter Sales Value by Region (%), (2020-2031)
- 5.2 Global Gas Meter Sales Volume by Region
- 5.2.1 Global Gas Meter Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Gas Meter Sales Volume by Region (2020-2025)
- 5.2.3 Global Gas Meter Sales Volume by Region (2026-2031)
- 5.2.4 Global Gas Meter Sales Volume by Region (%), (2020-2031)
- 5.3 Global Gas Meter Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Gas Meter Sales Value, 2020-2031
- 5.4.2 North America Gas Meter Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Gas Meter Sales Value, 2020-2031
- 5.5.2 Europe Gas Meter Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Gas Meter Sales Value, 2020-2031
- 5.6.2 Asia Pacific Gas Meter Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Gas Meter Sales Value, 2020-2031
- 5.7.2 South America Gas Meter Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Gas Meter Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Gas Meter Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Gas Meter Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Gas Meter Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Gas Meter Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Gas Meter Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Gas Meter Sales Value, 2020-2031
- 6.3.2 United States Gas Meter Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Gas Meter Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Gas Meter Sales Value, 2020-2031
- 6.4.2 Europe Gas Meter Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Gas Meter Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Gas Meter Sales Value, 2020-2031
- 6.5.2 China Gas Meter Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Gas Meter Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Gas Meter Sales Value, 2020-2031
- 6.6.2 Japan Gas Meter Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Gas Meter Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Gas Meter Sales Value, 2020-2031
- 6.7.2 South Korea Gas Meter Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Gas Meter Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Gas Meter Sales Value, 2020-2031
- 6.8.2 Southeast Asia Gas Meter Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Gas Meter Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Gas Meter Sales Value, 2020-2031
- 6.9.2 India Gas Meter Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Gas Meter Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Honeywell
- 7.1.1 Honeywell Company Information
- 7.1.2 Honeywell Introduction and Business Overview
- 7.1.3 Honeywell Gas Meter Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Honeywell Gas Meter Product Offerings
- 7.1.5 Honeywell Recent Development
- 7.2 Goldcard Smart Group
- 7.2.1 Goldcard Smart Group Company Information
- 7.2.2 Goldcard Smart Group Introduction and Business Overview
- 7.2.3 Goldcard Smart Group Gas Meter Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Goldcard Smart Group Gas Meter Product Offerings
- 7.2.5 Goldcard Smart Group Recent Development
- 7.3 Itron
- 7.3.1 Itron Company Information
- 7.3.2 Itron Introduction and Business Overview
- 7.3.3 Itron Gas Meter Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Itron Gas Meter Product Offerings
- 7.3.5 Itron Recent Development
- 7.4 Viewshine Metering
- 7.4.1 Viewshine Metering Company Information
- 7.4.2 Viewshine Metering Introduction and Business Overview
- 7.4.3 Viewshine Metering Gas Meter Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Viewshine Metering Gas Meter Product Offerings
- 7.4.5 Viewshine Metering Recent Development
- 7.5 Diehl Metering
- 7.5.1 Diehl Metering Company Information
- 7.5.2 Diehl Metering Introduction and Business Overview
- 7.5.3 Diehl Metering Gas Meter Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Diehl Metering Gas Meter Product Offerings
- 7.5.5 Diehl Metering Recent Development
- 7.6 Landis+Gyr
- 7.6.1 Landis+Gyr Company Information
- 7.6.2 Landis+Gyr Introduction and Business Overview
- 7.6.3 Landis+Gyr Gas Meter Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Landis+Gyr Gas Meter Product Offerings
- 7.6.5 Landis+Gyr Recent Development
- 7.7 MeterSit
- 7.7.1 MeterSit Company Information
- 7.7.2 MeterSit Introduction and Business Overview
- 7.7.3 MeterSit Gas Meter Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 MeterSit Gas Meter Product Offerings
- 7.7.5 MeterSit Recent Development
- 7.8 Hangzhou Innover Technology
- 7.8.1 Hangzhou Innover Technology Company Information
- 7.8.2 Hangzhou Innover Technology Introduction and Business Overview
- 7.8.3 Hangzhou Innover Technology Gas Meter Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Hangzhou Innover Technology Gas Meter Product Offerings
- 7.8.5 Hangzhou Innover Technology Recent Development
- 7.9 Chongqing Qianwei Technologies Group
- 7.9.1 Chongqing Qianwei Technologies Group Company Information
- 7.9.2 Chongqing Qianwei Technologies Group Introduction and Business Overview
- 7.9.3 Chongqing Qianwei Technologies Group Gas Meter Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Chongqing Qianwei Technologies Group Gas Meter Product Offerings
- 7.9.5 Chongqing Qianwei Technologies Group Recent Development
- 7.10 ZENNER Metering Technology (Shanghai)
- 7.10.1 ZENNER Metering Technology (Shanghai) Company Information
- 7.10.2 ZENNER Metering Technology (Shanghai) Introduction and Business Overview
- 7.10.3 ZENNER Metering Technology (Shanghai) Gas Meter Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 ZENNER Metering Technology (Shanghai) Gas Meter Product Offerings
- 7.10.5 ZENNER Metering Technology (Shanghai) Recent Development
- 7.11 Sensus
- 7.11.1 Sensus Company Information
- 7.11.2 Sensus Introduction and Business Overview
- 7.11.3 Sensus Gas Meter Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Sensus Gas Meter Product Offerings
- 7.11.5 Sensus Recent Development
- 7.12 Chengdu Qianjia
- 7.12.1 Chengdu Qianjia Company Information
- 7.12.2 Chengdu Qianjia Introduction and Business Overview
- 7.12.3 Chengdu Qianjia Gas Meter Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Chengdu Qianjia Gas Meter Product Offerings
- 7.12.5 Chengdu Qianjia Recent Development
- 7.13 Chengdu Qinchuan IoT Technology
- 7.13.1 Chengdu Qinchuan IoT Technology Company Information
- 7.13.2 Chengdu Qinchuan IoT Technology Introduction and Business Overview
- 7.13.3 Chengdu Qinchuan IoT Technology Gas Meter Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 Chengdu Qinchuan IoT Technology Gas Meter Product Offerings
- 7.13.5 Chengdu Qinchuan IoT Technology Recent Development
- 7.14 EDMI
- 7.14.1 EDMI Company Information
- 7.14.2 EDMI Introduction and Business Overview
- 7.14.3 EDMI Gas Meter Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.14.4 EDMI Gas Meter Product Offerings
- 7.14.5 EDMI Recent Development
- 7.15 Liaoning Sikai
- 7.15.1 Liaoning Sikai Company Information
- 7.15.2 Liaoning Sikai Introduction and Business Overview
- 7.15.3 Liaoning Sikai Gas Meter Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.15.4 Liaoning Sikai Gas Meter Product Offerings
- 7.15.5 Liaoning Sikai Recent Development
- 7.16 Suntront Technology
- 7.16.1 Suntront Technology Company Information
- 7.16.2 Suntront Technology Introduction and Business Overview
- 7.16.3 Suntront Technology Gas Meter Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.16.4 Suntront Technology Gas Meter Product Offerings
- 7.16.5 Suntront Technology Recent Development
- 7.17 Apator Group
- 7.17.1 Apator Group Company Information
- 7.17.2 Apator Group Introduction and Business Overview
- 7.17.3 Apator Group Gas Meter Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.17.4 Apator Group Gas Meter Product Offerings
- 7.17.5 Apator Group Recent Development
- 7.18 Chongqing Shancheng Gas Equipment
- 7.18.1 Chongqing Shancheng Gas Equipment Company Information
- 7.18.2 Chongqing Shancheng Gas Equipment Introduction and Business Overview
- 7.18.3 Chongqing Shancheng Gas Equipment Gas Meter Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.18.4 Chongqing Shancheng Gas Equipment Gas Meter Product Offerings
- 7.18.5 Chongqing Shancheng Gas Equipment Recent Development
- 7.19 Flonidan
- 7.19.1 Flonidan Company Information
- 7.19.2 Flonidan Introduction and Business Overview
- 7.19.3 Flonidan Gas Meter Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.19.4 Flonidan Gas Meter Product Offerings
- 7.19.5 Flonidan Recent Development
- 7.20 Sichuan Haili
- 7.20.1 Sichuan Haili Company Information
- 7.20.2 Sichuan Haili Introduction and Business Overview
- 7.20.3 Sichuan Haili Gas Meter Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.20.4 Sichuan Haili Gas Meter Product Offerings
- 7.20.5 Sichuan Haili Recent Development
8 Industry Chain Analysis
- 8.1 Gas Meter Industrial Chain
- 8.2 Gas Meter Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Gas Meter Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Gas Meter Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer