North America Smart Gas Meter Market Outlook, 2030

The North America smart gas meter market is witnessing swift expansion due to the rising need for energy efficiency, digital transformation, and the upgrading of gas distribution systems. Smart gas meters employ advanced metering infrastructure (AMI) and automated meter reading (AMR) technologies to offer realtime monitoring, precise billing, and improved consumer management of gas usage. Authorities and utility companies in the United States and Canada are putting smart gas metering systems in place to aid energy conservation objectives, cut operational expenses, and enhance gas distribution effectiveness. The market is propelled by increased investments in smart grid infrastructure, regulatory requirements, and the heightened focus on lowering carbon emissions. Furthermore, the integration of IoT (Internet of Things) and AI (Artificial Intelligence) in smart meters is improving data analytics, predictive maintenance, and leak detection functionalities.

North America smart gas meter market is expected to grow by 6.5% annually in the forecast period and reach $1,121.0 million by 2027. Various local and federal programs, such as the Smart Grid Investment Grant (SGIG) program, have hastened the uptake of smart meters. In Canada, the rollout of smart meters is also gaining momentum, driven by policies designed to enhance energy efficiency and smart infrastructure growth. Notwithstanding the market’s optimistic growth, there are challenges to address. The high initial expenses of smart gas meter installations, combined with cybersecurity issues, present obstacles to broad adoption. Nevertheless, the longterm advantages of better billing precision, enhanced energy management, and lower operational costs render smart gas meters a strategic investment for utility providers. With ongoing progress in wireless communication technologies and a robust push towards smart cities, the North America smart gas meter market is anticipated to see considerable growth from 2020 to 2027. This is particularly vital in avoiding gas leaks, which can result in safety risks and financial damages. The United States leads the smart gas meter market in North America, with Canada following behind.

The North America smart gas meter market is fundamentally propelled by two key nations: the United States and Canada. These nations have been leading the way in adopting smart meters, motivated by government mandates, energy conservation efforts, and rising investments in smart infrastructure. The United States captures the largest portion of the North American smart gas meter market, driven by robust government backing, technological progress, and a welldeveloped energy sector. Federal and statelevel programs, such as the Smart Grid Investment Grant (SGIG) program, have spurred the rollout of Advanced Metering Infrastructure (AMI) and Automated Meter Reading (AMR) technologies. Numerous foremost utility providers, including Pacific Gas and Electric (PGandE), Southern California Gas Company, and Con Edison, are spearheading extensive smart gas meter implementations across various states. The growing incorporation of IoT, AI, and cloud computing into metering systems is further propelling market expansion in the U. S. Canada is emerging as a significant market for smart gas meters, especially in regions like Ontario, British Columbia, and Quebec. The Canadian government has been actively advocating for energy efficiency and reductions in carbon emissions, which has resulted in heightened investments in smart grid and metering technologies. Prominent energy suppliers, such as Enbridge Gas and FortisBC, have been deploying smart gas meters to enhance customer service and boost operational effectiveness. The shift towards smart cities and smart utility management is anticipated to further increase adoption throughout Canada.

The North America smart gas meter market is segmented into Automatic Meter Reading (AMR) and Advanced Metering Infrastructure (AMI). AMR technology allows remote meter reading using oneway communication, reducing manual labor costs and improving billing accuracy. AMI technology, on the other hand, provides twoway communication between the meter and utility providers, enabling realtime monitoring, leak detection, and enhanced grid management. AMI is witnessing faster adoption due to government regulations, smart grid initiatives, and the demand for efficient energy management. The growing focus on IoT and data analytics integration is expected to further propel the adoption of AMIbased smart gas meters. The market is categorized into Smart Diaphragm Gas Meters and Smart Ultrasonic Gas Meters. Smart diaphragm gas meters are widely used due to their costeffectiveness and compatibility with traditional metering infrastructure. These meters operate using a mechanical diaphragm to measure gas flow and are enhanced with digital communication capabilities. Smart ultrasonic gas meters, however, are gaining traction due to their higher accuracy, reliability, and maintenancefree operation. These meters use sound waves to measure gas volume and are ideal for industrial and commercial applications. The rising demand for precision metering, realtime data transmission, and remote diagnostics is fueling the shift toward ultrasonic smart gas meters. The North America smart gas meter market serves residential, commercial, and industrial sectors. Residential users drive the largest share, with utilities deploying smart meters to improve billing accuracy and consumption monitoring. Commercial establishments, including offices, retail stores, and hotels, are adopting smart meters for better energy efficiency and regulatory compliance. Industrial facilities, such as manufacturing plants and processing industries, require highcapacity gas metering solutions with realtime monitoring and predictive analytics. The increasing adoption of smart grid technology and demandside management solutions is driving market growth across all enduse sectors.

Considered in this report
• Historic Year: 2019
• Base year: 2024
• Estimated year: 2025
• Forecast year: 2030



Aspects covered in this report
• North America Smart Gas Meter Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Based on Component, the North America market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Hardware
• Software & Service

Based on Technology, the North America market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Automatic Meter Reading (AMR)
• Advanced Metering Infrastructure (AMI)

Based on Product Type, the North America market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Smart Diaphragm Gas Meter
• Smart Ultrasonic Gas Meter

Based on End Use, the North America market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Residential Use
• Commercial Use
• Industrial Use
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to agriculture industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.