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Pulished Date April, 2021
ID: 9220
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Smart Gas Market Segmentation By Components (Sensor, Machine Vision Systems, Robotics, Control Device, Communication Segment, and Others), By Technology (Information Technology and Enabling Technology), By End-User (Discrete Industry and Process Industry), and By Deployment Mode (Cloud and On-Premises) Industry Trends and forecast to 2026.

Pulished: April, 2021
ID: 9220
Pages: 175

Smart Gas Market Size, Trends & Growth (2021 - 2026):

Smart Gas Market is one of the businesses that is multiplying in recent years. It is expected that the smart gas market is going to reach USD 33.85 Billion by 2026 from USD 10.95 Billion in 2021, recording the CAGR of 12.09%.

Smart gas devices are used as the monitoring solution for gas utilities that are remotely dealt with. These devices are crucial elements in tracking asset performance which provides real-time data during gas operations. These smart meters help capture, store, and transmit meter data to the central server.

The increase in the concerns about greenhouse gas emissions and the rising need to reduce carbon footprint resulted in propelling the use of natural gas, hence, helping the growth of this smart gas market. Moreover, smart grids play a crucial role in smart city deployment and are the primary consumers of intelligent electricity meters, like gas meters.

Recent Developments:

  • Oracle's global cloud expansion with the launch of five data centers aiming to deliver redundancy within countries to satisfy the disaster-recovery demands of enterprises' mission-critical workloads.
  • Itron, Inc., a huge name in the smart gas market, and CPS Energy, a municipally-owned energy and natural gas utility, have pushed forward their collaboration to develop energy-water literacy and launched a new online resource aimed to provide interactive educational resources and materials to educate communities and inspire the next generation talent pipeline.
  • Schneider Electric Solar Spain, a subsidiary of the French group Schneider Electric, has sealed an agreement with Qbera Capital LLP, a financial company based in London, to provide solar off-grid to companies in Africa.

Drivers and Restraints of Smart Gas Market:

An increase in the usage of mobiles, computers, and technological gizmos which have control the various devices and have a modern display from multiple events and conferences are the reasons for the growth of the global smart gas market. The rapid growth of urbanization and technological advancements and the rise in global energy demand is also the drivers of the smart gas market. Moreover, the increase in the amount of economic and regulatory of various counties all over the globe are supporting the rise of the global smart gas industry.

But the lack of skilled labor who are aware of these technologies in the gas market is a restraint of the global smart gas business.




Market Size Available

2021 – 2026

Base Year


Forecast Period

2021 - 2026



Segments Covered

By Components, By Technology, By End-User, By Deployment Mode

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

ABB (Switzerland), Aclara Technologies LLC (U.S.), Badger Meter, Inc. (U.S.), Capgemini. (France), CGI Inc. (Canada), Diehl Stiftung & Co. KG (Germany), Elster Group SE (Germany), General Electric Company (U.S.) International Business Machines Corporation (U.S.), Itron, Inc. (U.S.) Landis Gyr (Switzerland), Oracle (U.S.), Schneider Electric (France) Sensus (U.S.), Silver Spring Networks (U.S.), Verizon (U.S.) IBM Corporation (US), Emerson Electric (US), Honeywell International Inc. (US)

Smart Gas Market Market Segmentation:

By Components:

  • Sensor
  • Machine Vision Systems
  • Robotics
  • Control Device
  • Communication Segment
  •  Other Components

By Technology:

  •  Information Technology
  • Human Machine Interface
  •  Enterprise Manufacturing Intelligence
  • Plant Asset Management
  • Manufacturing Execution System
  • Warehouse Management System
  • Industrial Communications
  • Other Information Technologies
  • Enabling Technology
  • Ar And Vr In Manufacturing
  • Collaborative Robots
  • Industrial Machine Vision
  • Machine Condition Monitoring
  • Artificial Intelligence (AI) in Manufacturing
  • Industrial 3d Printing
  • Automated Guided Vehicle
  • Digital Twin
  • Industrial Cybersecurity
  • Industrial Internet of Things (IoT)

From a technology perspective, information technology has acquired a significant share for a long time now. The growth of this segment is due to the growing IT industry in the major developing countries where the skilled employees are found inexpensively, like India, China, and also because of the developed countries in the North American region. But the enabling technology segment is going to take over the market during the forecast period owing to the growth of IoT (Internet of Things), AI (Artificial Intelligence), AR (Augmented Reality) & VR (Virtual Reality), machine learning and monitoring applications in various industries.

By End-User:

  •  Discrete Industry
  • Defense
  • Medical Devices
  • Automotive
  • Semiconductors & Electronics
  • Machine Manufacturing
  • Aerospace
  • Others Discrete Industries
  • Process Industry
  • Pulp & Paper
  • Metals & Mining
  • Pharmaceuticals
  • Oil & Gas
  • Energy & Power
  • Chemicals
  • Food & Beverages
  • Other Process Industries

By the segmentation of the end-user, the discrete industry is holding a leading share and will continue to grow significantly because of applications of the smart gas devices in the automotive, aerospace, and defense industry. Also, the increase in the advancements in the automotive and aerospace industry is fuelling the growth in this segment. It is followed by the process industry segment owing to the improvements and strict government regulation of various countries over the pharmaceutical and food industry.

By Deployment Mode:

  •  Cloud
  • On-Premises

In the deployment segmentation of the global smart gas market, it is expected that the cloud segment is the one that is going to acquire the prominent share attributing the growth of cloud-based services worldwide that gives convenience to the consumers.

Smart Gas Market Regional analysis:

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle-East & Africa

As per the regional segmentation, North America is holding a major stake of the smart gas market. The growth of this region is because of the massive upcoming projects, the high rate of AMR devices installation, and numerous utilities. The US has boarded advanced smart gas schemes, wherein their main objectives are to deploy second-generation advanced metering infrastructure, communication modules, asset management, workforce management, security features, analytics, and Meter Data Management (MDM).

The Asia-Pacific Smart Gas Market is expected to register a huge growth rate in the forecast period because of the growth of the IT industry, pharmaceutical, food & beverage, automotive, aerospace industries in the countries in this region like India, China, Japan, and Indonesia.

Key Players of Market:

ABB (Switzerland), Aclara Technologies LLC (U.S.), Badger Meter, Inc. (U.S.), Capgemini. (France), CGI Inc. (Canada), Diehl Stiftung & Co. KG (Germany), Elster Group SE (Germany), General Electric Company (U.S.) International Business Machines Corporation (U.S.), Itron, Inc. (U.S.) Landis Gyr (Switzerland), Oracle (U.S.), Schneider Electric (France) Sensus (U.S.), Silver Spring Networks (U.S.), Verizon (U.S.) IBM Corporation (US), Emerson Electric (US), Honeywell International Inc. (US)

1. Introduction                                

               1.1 Market Definition                    

               1.2 Scope of the report                

               1.3 Study Assumptions                  

               1.4 Base Currency, Base Year and Forecast Periods                         

2. Research Methodology                                          

               2.1 Analysis Design                        

               2.2 Research Phases                      

                              2.2.1 Secondary Research           

                              2.2.2 Primary Research 

                              2.2.3 Data Modelling      

                              2.2.4 Expert Validation  

               2.3 Study Timeline                         

3. Report Overview                                       

               3.1 Executive Summary                

               3.2 Key Inferences                       

4. Market Dynamics                                     

               4.1 Impact Analysis                        

                              4.1.1 Drivers      

                              4.1.2 Restraints  

                              4.1.3 Opportunities         

               4.2 Regulatory Environment                      

               4.3 Technology Timeline & Recent Trends                           

5. Competitor Benchmarking Analysis                                   

               5.1 Key Player Benchmarking                     

                              5.1.1 Market share analysis        

                              5.1.2 Products/Service   

                              5.1.3 Regional Presence

               5.2 Mergers & Acquisition Landscape                     

               5.3 Joint Ventures & Collaborations                       

6. Market Segmentation                                            

               6.1 Smart Gas Market, By Component                   

                              6.1.1 Sensor      

                              6.1.2 Machine Vision Systems    

                              6.1.3 Robotics   

                              6.1.4 Control Device       

                              6.1.5 Communication Segment  

                              6.1.6 Market Size Estimations & Forecasts (2021-2026)   

                              6.1.7 Y-o-Y Growth Rate Analysis              

                              6.1.8 Market Attractiveness Index           

               6.2 Smart Gas Market, By Technology                   

                              6.2.1 Information Technology    

                              6.2.2 Enabling Technology          

                              6.2.3 Market Size Estimations & Forecasts (2021-2026)   

                              6.2.4 Y-o-Y Growth Rate Analysis              

                              6.2.5 Market Attractiveness Index           

               6.3 Smart Gas Market, By End-User                        

                              6.3.1 Discrete Industry   

                              6.3.2 Process Industry    

                              6.3.3 Market Size Estimations & Forecasts (2021-2026)   

                              6.3.4 Y-o-Y Growth Rate Analysis              

                              6.3.5 Market Attractiveness Index           

               6.4 Smart Gas Market, By Deployment Mode                     

                              6.4.1 Cloud        

                              6.4.2 On-Premises           

                              6.4.3 Market Size Estimations & Forecasts (2021-2026)   

                              6.4.4 Y-o-Y Growth Rate Analysis              

                              6.4.5 Market Attractiveness Index           

7. Geographical Landscape                                        

               7.1 Global Identity Governance and Administration Market, by Region

               7.2 North America - Market Analysis (2021- 2026)                          

                              7.2.1 By Country              



                              7.2.2 By Component       

                              7.2.3 By Technology       

                              7.2.4 By End-User           

                              7.2.5 By Deployment Mode        

               7.3 Europe                        

                              7.3.1 By Country              






                                    Rest of Europe

                              7.3.2 By Component       

                              7.3.3 By Technology       

                              7.3.4 By End-User           

                              7.3.5 By Deployment Mode        

               7.4 Asia Pacific                 

                              7.4.1 By Country              




                                    South Korea

                                    South East Asia

                                    Australia & NZ

                                    Rest of Asia-Pacific

                              7.4.2 By Component       

                              7.4.3 By Technology       

                              7.4.4 By End-User           

                              7.4.5 By Deployment Mode        

               7.5 Latin America                           

                              7.5.1 By Country              




                                    Rest of Latin America

                              7.5.2 By Component       

                              7.5.3 By Technology       

                              7.5.4 By End-User           

                              7.5.5 By Deployment Mode        

               7.6 Middle East and Africa                         

                              7.6.1 By Country              

                                    Middle East


                              7.6.2 By Component       

                              7.6.3 By Technology       

                              7.6.4 By End-User           

                              7.6.5 By Deployment Mode        

8. Key Player Analysis                                   

               8.1 ABB                              

                              8.1.1 Business Description           

                              8.1.2 Products/Service   

                              8.1.3 Financials 

                              8.1.4 SWOT Analysis       

                              8.1.5 Recent Developments        

                              8.1.6 Analyst Overview  

               8.2 Aclara Technologies LLC                       

               8.3 Badger Meter, Inc.                 

               8.4 Diehl Stiftung & Co. KG                        

               8.5 General Electric Company                   

               8.6 Verizon                       

               8.7 Honeywell International Inc                

               8.8 CGI Inc.                       

               8.9 Elster Group SE                        

               8.10 Itron, Inc.                 

               8.11 Oracle                       

9. Market Outlook & Investment Opportunities                                 


               List of Tables                    

               List of Figures                   

  • Global, Regional and c,ountry-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and also identify the regions that are still untapped
  • The segment-level analysis in terms of my technique, by type, by equipment, along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis, and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies, and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Smart Gas Market By Region, From 2021-2026 ( USD Billion )
  2. Global Smart Gas Market By Component, From 2021-2026 ( USD Billion )
  3. Global Sensor Market By Region, From 2021-2026 ( USD Billion )
  4. Global Machine Vision Systems Market By Region, From 2021-2026 ( USD Billion )
  5. Global Robotics Market By Region, From 2021-2026 ( USD Billion )
  6. Global Control Device Market By Region, From 2021-2026 ( USD Billion )
  7. Global Communication Segment Market By Region, From 2021-2026 ( USD Billion )
  8. Global Smart Gas Market By Technology, From 2021-2026 ( USD Billion )
  9. Global Information Technology  Market By Region, From 2021-2026 ( USD Billion )
  10. Global Enabling Technology Market By Region, From 2021-2026 ( USD Billion )
  11. Global Smart Gas Market By End-User, From 2021-2026 ( USD Billion )
  12. Global Discrete Industry Market By Region, From 2021-2026 ( USD Billion )
  13. Global Process Industry Market By Region, From 2021-2026 ( USD Billion )
  14. Global Smart Gas Market By Deployment Mode, From 2021-2026 ( USD Billion )
  15. Global Cloud Market By Region, From 2021-2026 ( USD Billion )
  16. Global On-Premises Market By Region, From 2021-2026 ( USD Billion )

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