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Europe AMI Gas Meter Market Trends

Report ID: GMI9682
Published Date: May 2024
Report Format: PDF

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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.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size for AMI gas meter in Europe reached USD 744.1 million in 2023 and will witness 11.1% CAGR during 2024 to 2032, owing to increasing government regulations and initiatives promoting energy efficiency.

The residential sector segment will expand at over 10% CAGR during 2024-2032, propelled by increasing consumer demand for smart home technologies and energy efficiency.

Germany market size is poised to cross USD 860 million by 2032, driven by the country’s strong commitment to energy efficiency.

Aclara Technologies LLC, Azbil Kimmon Co., Ltd., Apator SA, AEM, Chint Group, EDMI Limited, Honeywell International, Inc, Itron, Inc, Landis+Gyr among others.