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AMI Gas Meter Market was valued at USD 1.3 billion in 2023 and is anticipated to grow at a CAGR of 20.6% between 2024 and 2032, due to the ongoing technological advancements and the demand for improved energy management.
Regulatory support for smart grid technologies and investments in infrastructure modernization also fuel this growth. Additionally, the integration of Internet of Things (IoT) technology and the rising need for energy conservation and management in smart cities contribute to the expansion of AMI gas meters. As the global energy landscape shifts towards sustainability, the adoption of AMI gas meters is expected to continue accelerating, driven by the benefits of enhanced efficiency, safety, and consumer engagement.
The market size AMI gas meter was reached USD 1.3 billion in 2023 and is anticipated to grow at 20.6% CAGR through 2032, due to the ongoing technological advancements and the demand for improved energy management.
The residential segment in the AMI gas meter market is anticipated to exceed USD 66.4 billion by 2032, due to the increasing adoption of smart metering solutions in households to improve energy efficiency and management.
Europe AMI gas meter market is anticipated to surpass USD 18.5 billion by 2032, due to the stringent regulatory frameworks and policies aimed at energy efficiency and emission reduction.
Azbil Kimmon Co. Ltd. Aclara Technologies LLC, AEM, Chint Group, Eaton Corporation, Emerson, Honeywell International, Inc., Holley Metering, Itron, Inc., Landis+Gyr, Osaki Electric Co., Ltd., and Peltek India among others.