Smart Gas Metering Systems Market Size, Share, Growth Analysis, By Technology Type(Automatic Meter Reading (AMR), Advanced Metering Infrastructure (AMI)), By Component(Hardware, Meters, Communication Devices, Software), By End-User(Residential, Commercial, Industrial), By Region - Industry Forecast 2024-2031

Global Smart Gas Metering Systems Market size was valued at USD 3.93 billion in 2021 and is poised to grow from USD 4.4 billion in 2022 to USD 10.89 billion by 2030, growing at a CAGR of 12% in the forecast period (2023-2030).

The worldwide Smart Gas Metering Systems market is experiencing brilliant increase pushed by increasing emphasis on energy performance and the adoption of clever technology in utility management. As utilities global are searching for to modernize infrastructure, smart gas metering systems provide real-time data collection, far off tracking, and stepped forward accuracy in billing. The market is characterized through a surge in investments in smart metropolis tasks, in addition propelling the demand for advanced gasoline metering solutions.

Regulatory mandates for strength conservation and the mixing of IoT technology make contributions to the market's enlargement. Key players are that specialize in innovation, together with AMR/AMI technologies, to enhance device abilties and deal with evolving enterprise wishes. The Asia-Pacific area, with its developing urbanization and power call for, is rising as a large marketplace contributor, reflecting the global shift towards wise and sustainable software management answers.