Summary

Market Overview 2023-2028:

The North America gas meter market size reached US$ 1.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.7% during 2023-2028.

Gas meter refers to a device which measures and regulates the volume of various fuel gases, including natural gas and liquified petroleum gas (LPG). It ensures that the pressure-regulated gas supply provides accurate bills to the consumers. Various types of gas meters are currently available in the market, based on several operational principles, like thermal, acoustic, tracer, velocity and displacement. Owing to this, they find wide applications in both the residential and commercial sectors in North America.

The North America gas meter market is currently being driven by several factors. The rising technological advancements have led to the introduction of smart gas meters with benefits, such as easier operability, remote access, controlled consumption and reduction in power outages. These advancements have also enabled the easier and convenient management of data obtained from gas meters, thus providing accuracy in bill generation and other related functions. Apart from this, the rising supply of both conventional and shale gas production has led to the development of new projects in the pipeline, thereby fueling the demand for gas meters across the region.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the North America gas meter market report, along with forecasts at the regional and country levels from 2023-2028. Our report has categorized the market based on type and application.

Key Regions Analysed
United States
Canada

Analysis for Each Country

Market by Type
Basic
Smart

Market by Application
Residential
Commercial
Industrial

Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
Competitive Landscape
Competitive Structure
Key Player Profiles

Key Questions Answered in This Report:
How has the North America gas meter market performed so far and how will it perform in the coming years?
What are the key regions in the North America gas meter market?
What has been the impact of COVID-19 on the North America gas meter market?
What is the breakup of the North America gas meter market on the basis of type?
What is the breakup of the North America gas meter market on the basis of application?
What are the various stages in the value chain of the North America gas meter industry?
What are the key driving factors and challenges in the North America gas meter industry?
What is the structure of the North America gas meter industry and who are the key players?
What is the degree of competition in the North America gas meter industry?

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Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Gas Meter Market
5.1 Market Performance
5.2 Market Breakup by Type
5.3 Market Breakup by Application
5.4 Market Breakup by Region
5.5 Market Forecast
6 North America Gas Meter Market
6.1 Market Performance
6.2 Impact of COVID-19
6.3 Market Forecast
7 North America Gas Meter Market: Breakup by Type
7.1 Basic
7.2 Smart
8 North America Gas Meter Market: Breakup by Application
8.1 Residential
8.2 Commercial
8.3 Industrial
9 North America Gas Meter Market: Breakup by Country
9.1 United States
9.1.1 Historical Market Trends
9.1.2 Market Breakup by Type
9.1.3 Market Breakup by Application
9.1.4 Market Forecast
9.2 Canada
9.2.1 Historical Market Trends
9.2.2 Market Breakup by Type
9.2.3 Market Breakup by Application
9.2.4 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
11.1 Overview
11.2 Research and Development
11.3 Raw Material Procurement
11.4 Manufacturing
11.5 Marketing
11.6 Distribution
11.7 End-Use
12 Porter’s Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Rivalry
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players

List of Figures

Figure 1: North America: Gas Meter Market: Major Drivers and Challenges
Figure 2: Global: Gas Meter Market: Value Trends (in Billion US$), 2017-2022
Figure 3: Global: Gas Meter Market: Breakup by Type (in %), 2022
Figure 4: Global: Gas Meter Market: Breakup by Application (in %), 2022
Figure 5: Global: Gas Meter Market: Breakup by Region (in %), 2022
Figure 6: Global: Gas Meter Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 7: North America: Gas Meter Market: Value Trends (in Billion US$), 2017-2022
Figure 8: North America: Gas Meter Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 9: North America: Gas Meter Market: Breakup by Type (in %), 2022
Figure 10: North America: Gas Meter (Basic) Market: Value Trends (in Million US$), 2017 & 2022
Figure 11: North America: Gas Meter (Basic) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 12: North America: Gas Meter (Smart) Market: Value Trends (in Million US$), 2017 & 2022
Figure 13: North America: Gas Meter (Smart) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 14: North America: Gas Meter Market: Breakup by Application (in %), 2022
Figure 15: North America: Gas Meter (Residential) Market: Value Trends (in Million US$), 2017 & 2022
Figure 16: North America: Gas Meter (Residential) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 17: North America: Gas Meter (Commercial) Market: Value Trends (in Million US$), 2017 & 2022
Figure 18: North America: Gas Meter (Commercial) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 19: North America: Gas Meter (Industrial) Market: Value Trends (in Million US$), 2017 & 2022
Figure 20: North America: Gas Meter (Industrial) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 21: North America: Gas Meter Market: Breakup by Country (in %), 2022
Figure 22: United States: Gas Meter Market: Value Trends (in Million US$), 2017-2022
Figure 23: United States: Gas Meter Market: Breakup by Type (in %), 2022
Figure 24: United States: Gas Meter Market: Breakup by Application (in %), 2022
Figure 25: United States: Gas Meter Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 26: Canada: Gas Meter Market: Value Trends (in Million US$), 2017-2022
Figure 27: Canada: Gas Meter Market: Breakup by Type (in %), 2022
Figure 28: Canada: Gas Meter Market: Breakup by Application (in %), 2022
Figure 29: Canada: Gas Meter Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 30: North America: Gas Meter Industry: SWOT Analysis
Figure 31: North America: Gas Meter Industry: Value Chain Analysis
Figure 32: North America: Gas Meter Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: North America: Gas Meter Market: Key Industry Highlights, 2022 and 2028
Table 2: North America: Gas Meter Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: North America: Gas Meter Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: North America: Gas Meter Market Forecast: Breakup by Country (in Million US$), 2023-2028
Table 5: North America: Gas Meter Market: Competitive Structure
Table 6: North America: Gas Meter Market: Key Players