The US is expected to grow at a CAGR of 7.2% in the smart gas meter market in the North America region. The country has a huge potential for the growth of the smart gas meter market. The US is the largest economy across the globe. In 2018, the US utilities had installed nearly 86.8 million advanced metering infrastructure (AMI) installations. Out of this 88% of the AMI, installations were residential customer installations. In 2017, there were 1,308,715 miles of distribution mains, and 927,012 miles of service lines in operation in the US. Each distribution main and service line is equipped with several pumping and regulating stations to control the flow of natural gas in the pipeline system. At the point where the system connects to customers’ piping, smart gas meters are installed to measure the amount of natural gas supplied to individual premises to reduce the theft and safeguard the pipelines. Thus, the increasing installation of smart gas meters across the US is attributing to the growth of the smart gas meter market.

Cohesive government initiatives towards the installation of smart meters in the US to drive the market growth in the country as the government is taking immense steps to install every household and industry with smart meters to curb the ongoing gas theft which is done by meter tampering. As tampering of smart gas meters to save money is noxious and can cause minor leakages which in case if remained unnoticed can cause devastating effects such as an explosion. These factors are forcing the government to install smart meters. The synching of smart gas meters with smartphones can easily be used to perform remote monitoring of the gas meters with smartphone apps thus, rising internet penetration, large adoption of high network technologies and smartphones are some major factors that have been driving the market growth.

Research Methodology

The market study of the US Smart Gas Meter market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for smart gas meter manufacturers, distributors and suppliers, and other related companies for overall market analysis and competitive analysis.The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. US Smart Gas Meter Market Research and Analysis by Type

2. US Smart Gas Meter Market Research and Analysis by Applications

The Report Covers

• Comprehensive research methodology of the US Smart Gas Meter market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the US Smart Gas Meter market.
• Insights about market determinants which are stimulating the US Smart Gas Meter market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.