Europe AMI Gas Meter Market Size - By Application (Residential, Commercial, Utility), & Forecast, 2024 – 2032

Europe AMI Gas Meter Market Size

Europe AMI Gas Meter Market size was valued at USD 744.1 million in 2023 and is projected to grow at a CAGR of 11.1% between 2024 and 2032. Increasing government regulations and initiatives promoting energy efficiency and smart grid technology adoption play a crucial role.
 

At the end of 2022, the European Commission introduced the EU action plan “Digitalisation of the Energy System.” The Commission anticipates an investment of over USD 633 billion across the European electricity grid by 2030, with USD 184 billion allocated for digitalisation initiatives. These initiatives include smart meters, automated grid management, and digital technologies aimed at enhancing metering and field operations.
 

The push for improved energy management, real-time monitoring, and accurate billing drives demand for advanced metering solutions. Additionally, the rising need for reducing energy consumption and enhancing operational efficiency among utility providers boosts market growth. Technological advancements and integration of IoT in metering infrastructure further accelerate the adoption of AMI gas meters across Europe.
 

Europe AMI Gas Meter Market Trends

The Europe AMI gas meter industry is witnessing several notable trends. There is a significant shift towards smart metering systems driven by regulatory mandates and the EU's commitment to digitalizing the energy sector. As per IEA, over 52% of residential establishments had smart meters in 2021 across European Union, which is anticipated to grow further in the coming years.
 

Utilities are increasingly adopting IoT-enabled gas meters for real-time data collection and remote monitoring, improving efficiency and customer service. Integration of advanced data analytics and AI is enhancing predictive maintenance and operational optimization. Additionally, there is a growing emphasis on cybersecurity to protect the smart grid infrastructure from potential threats, ensuring reliable and secure energy management across the region.
 

Europe AMI Gas Meter Market Analysis

Europe AMI gas meter market is anticipated to grow over USD 1.9 billion by 2032, owing to the increasing focus on sustainability and reducing carbon footprints. Governments and utilities are pushing for the adoption of green technologies and renewable energy integration within smart grid systems. The rise of decentralized energy resources, such as residential solar panels and energy storage solutions, is influencing the development of more flexible and adaptive AMI systems. Furthermore, there is a growing interest in customer engagement platforms, allowing consumers to monitor their energy usage in real-time and make informed decisions about their consumption patterns.
 

Based on application, the Europe AMI gas meter market is segmented in residential, commercial and utilities. The residential sector holds a substantial share in the industry and is anticipated to expand at a CAGR of over 10% through 2032, propelled by increasing consumer demand for smart home technologies and energy efficiency. Homeowners are adopting smart gas meters to gain real-time insights into their energy consumption, enabling better management and cost savings. Government incentives and regulatory mandates aimed at reducing carbon emissions and enhancing energy efficiency are accelerating the deployment of these meters.
 

Germany AMI gas meter industry size is poised to cross USD 860 million by 2032. The country’s strong commitment to energy efficiency and the transition to smart grids is a primary driver, supported by stringent government regulations and initiatives. Investments in advanced metering infrastructure are part of Germany's broader energy strategy to reduce carbon emissions and enhance energy management.
 

Additionally, the increasing adoption of IoT and digital technologies is facilitating real-time data collection and remote monitoring, making energy consumption more transparent and manageable for consumers. The push for greater operational efficiency and cost savings among utility providers further fuels the market's expansion.
 

Europe AMI Gas Meter Market Share

Itron, Inc. is one of the largest players in the Europe AMI gas meter industry. Known for its innovative solutions and extensive portfolio, Itron provides advanced metering infrastructure that enhances operational efficiency and energy management. The company's robust technology integrates IoT capabilities, offering real-time data collection and analytics. Itron's strong presence and commitment to smart grid advancements position it as a market leader in Europe.
 

Europe AMI Gas Meter Market Companies

Some of the key market players operating across the Europe AMI gas meter industry are:

• Aclara Technologies LLC
• Azbil Kimmon Co., Ltd.
• Apator SA
• AEM
• Chint Group
• EDMI Limited
• Honeywell International, Inc.
• Itron, Inc.
• Landis+Gyr
• Raychem RPG Private Limited
• Sensus
• Schneider Electric SE
• Ubiik Inc.
• Wasion Holdings International
• Zenner International GmbH & Co. KG
   

Europe AMI Gas Meter Industry News

• In November 2022, Itron Inc. revealed the Itron Intelis gFlex, which is a prepayment gas meter. This advanced meter is designed to aid utilities in risk management and revenue protection. It impeccably integrates with a SaaS platform and can be managed through multiple vending channels and credit transfer options.
   
• In August 2021, Landis+Gyr along with Kentucky and Louisville Gas & Electric Company entered a five-year agreement. Under the agreement, Landis+Gyr will supply 300,000 gas modules and 930,000 advanced electric meters, along with associated network equipment software. This contract aims to boost smart metering capabilities and modernize the grid infrastructure.
   

The market research report for AMI gas meter in Europe includes an in–depth coverage of the industry with estimates & forecast in terms of volume (‘000 Units) and revenue (USD Million) from 2021 to 2032, for the following segments:

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Market, By Application

• Residential
• Commercial
• Utility

The above information has been provided for the following countries:

• Germany
• UK
• Sweden
• France
• Italy