The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Increased natural gas consumption is likely to promote innovation in smart gas manufacturing, propelling the market during the forecast period.

The global smart gas market is expected to grow from $21.30 billion in 2022 to $24.47 billion in 2023 at a compound annual growth rate (CAGR) of 14.87%. The global smart gas market size is expected to reach $43.29 billion in 2027 at a CAGR of 15.32%.

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Global Smart Gas Market Segments Include:

• By Device: Automatic Meter Reading (AMR), Advanced Meter Infrastructure (AMI)
• By Solution: Supervisory Control And Data Acquisition (SCADA), Geographical Information System (GIS), Enterprise Asset Management, Mobile Workforce Management (MWM), Meter Data Analytics, Gas Leak Detection, Meter Data Management (MDM)
• By Service: System Integration, Program Management, Installation
• By End-User: Commercial And Industrial, Residential
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global smart gas market in 2021.

Major Market Players in the smart gas market include General Electric Company, Itron Inc, Schneider Electric SE, ABB Group, Landis+Gyr Inc, Orcale Corporation, Diehl Stiftung and Co.KG, Elster Group SE, Cap Gemini S.A, Sensus USA Inc.

Technological developments are a major trend that is gaining traction in the smart petrol market. To maintain their market position, major players in the smart petrol market are embracing new technology. For example, Hestan Cue, a US-based maker of smart cookware items, debuted Hestan Smart Gas hob in July 2022, a new smart gas technology that automatically adjusts to the right degree for precision gas cooking via temperature monitoring. It has Bluetooth technology and unique inbuilt culinary sensors that automatically adjust the cooking temperature whenever the AccuKnob on the hob is adjusted to the correct degree, as well as a high-performance dual-flow gas system that warms in 25-degree increments from 100 to 500 degrees Fahrenheit.

The Smart Gas Global Market Report 2023  provides a smart gas market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The smart gas market forecast analyzes smart gas market size, smart gas market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A smart gas network is a distribution gas network that integrates renewable gas sources and hydrogen in a cost-effective manner to achieve total decarbonization and build links with other energy carriers and industries.

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