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AMI Gas Meter Market Trends

Report ID: GMI5994
Published Date: Jun 2024
Report Format: PDF

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AMI Gas Meter Market Trends

The integration of Internet of Things (IoT) technology is revolutionizing AMI gas meters. These smart meters can communicate real-time data to utilities and consumers, enabling enhanced monitoring and management of gas usage. IoT facilitates advanced functionalities such as remote shut-off, leak detection, and predictive maintenance, significantly improving safety and operational efficiency.

Governments and regulatory bodies worldwide are increasingly mandating the adoption of smart meters to improve energy efficiency and reduce carbon emissions. Policies promoting smart grid technologies and infrastructure upgrades are driving the deployment of AMI gas meters. For instance, in Europe and North America, regulatory frameworks are being established to support the widespread implementation of smart metering systems.

Authors: Ankit Gupta, Utkarsh Mahajan

Frequently Asked Questions (FAQ) :

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.