United States Smart Gas Meters Market to Expand at 6.5% CAGR, – openPR.com

Global Smart Gas Meter Market: A Report on Growth, Innovation, and Alignment with Sustainable Development Goals

Market Overview and Projections

The global market for smart gas meters was valued at US$2.2 billion in 2023. Projections indicate a significant expansion, with the market expected to reach US$3.6 billion by 2031, reflecting a Compound Annual Growth Rate (CAGR) of 6.5% during the 2024-2031 forecast period. This growth is intrinsically linked to global efforts to achieve key Sustainable Development Goals (SDGs), particularly those focused on energy, infrastructure, and climate action.

Contribution to Sustainable Development Goals (SDGs)

The adoption of smart gas meters is a critical enabler for several UN Sustainable Development Goals. By providing accurate, real-time data and enabling greater control over energy distribution, this technology directly supports the transition to more sustainable and resilient energy systems.

• SDG 7 (Affordable and Clean Energy): Smart meters promote energy efficiency by empowering consumers with detailed consumption data, helping to reduce waste and lower energy bills. This supports the goal of ensuring access to affordable, reliable, and modern energy for all.
• SDG 9 (Industry, Innovation, and Infrastructure): The deployment of Advanced Metering Infrastructure (AMI) represents a significant upgrade to national energy infrastructure, fostering innovation in IoT and data analytics and building resilient systems.
• SDG 11 (Sustainable Cities and Communities): As a cornerstone of smart city initiatives, smart gas meters enhance the safety and efficiency of urban gas networks through features like real-time leak detection and remote shut-off capabilities, making cities safer and more sustainable.
• SDG 13 (Climate Action): By facilitating a reduction in natural gas consumption and enabling the rapid detection of methane leaks—a potent greenhouse gas—the technology is a vital tool in combating climate change and its impacts.

Regional Developments and SDG Alignment

United States

Recent initiatives in the United States underscore a strong commitment to modernizing energy infrastructure in line with sustainability targets.

• Infrastructure Modernization (SDG 9, SDG 13): In October 2025, Itron Inc. completed the deployment of 2 million AMI gas meters equipped with real-time leak detection, a critical step in reducing methane emissions and enhancing infrastructure resilience.
• Energy Access and Equity (SDG 7, SDG 11): The Department of Energy’s allocation of USD 1.2 billion in September 2025 for smart meter upgrades in rural and underserved communities directly addresses the goal of ensuring equitable access to modern energy services.
• Technological Innovation (SDG 9): Honeywell International’s launch of an ultrasonic smart gas meter with a 20-year battery life in August 2025 showcases innovation aimed at long-term, sustainable infrastructure performance.

Europe

Europe’s regulatory landscape is accelerating the adoption of smart meters as part of its comprehensive climate strategy.

• Large-Scale Deployment (SDG 7, SDG 11): Landis+Gyr’s €500 million contract to replace 8 million conventional meters in Germany, announced in October 2025, represents a major advancement towards creating a more efficient and sustainable energy grid.
• Policy and Regulation (SDG 13): The European Union’s mandate for smart gas meter installation in all new buildings by 2027, part of its Green Deal, institutionalizes energy efficiency and climate action within the construction sector.
• Advanced Connectivity (SDG 9): Diehl Metering’s introduction of a hybrid communication meter in August 2025 enhances the reliability and reach of smart grid networks, contributing to more resilient and technologically advanced infrastructure.

Asia-Pacific

The Asia-Pacific region is leveraging smart meter technology to address unique challenges related to rapid urbanization and environmental risks.

• Safety and Resilience (SDG 9, SDG 11): Panasonic Corporation’s development of a smart gas meter with integrated safety shut-off valves for earthquake-prone regions (October 2025) is a key innovation for building resilient infrastructure and safer communities.
• National Energy Strategy (SDG 7, SDG 13): China’s approval of a nationwide rollout targeting 100 million installations by 2028, confirmed in September 2025, demonstrates a commitment to energy management and emissions reduction on an unprecedented scale.
• Urban Infrastructure Projects (SDG 11): The partnership between Siemens AG and Indian gas utilities to deploy 5 million smart meters across major cities (August 2025) supports the development of sustainable urban centers.

Market Dynamics and Drivers

Primary Growth Drivers

The market’s expansion is propelled by factors that align closely with global sustainability agendas.

• Government Regulations for Energy Efficiency: Mandates and policies promoting energy conservation are a primary driver, directly supporting SDG 7 and SDG 13.
• Smart City Projects: The increasing development of smart cities worldwide incorporates smart metering as a fundamental component for achieving the objectives of SDG 11.
• Demand for Accurate Consumption Monitoring: A rising need for precise billing and data transparency empowers consumers and utilities to manage energy consumption responsibly, contributing to SDG 7.
• Pipeline Safety and Theft Reduction: Enhanced safety features and accurate monitoring help secure energy infrastructure, aligning with SDG 9.

Key Market Trends

• Integration of IoT Connectivity: Enhances real-time data collection and remote management, crucial for efficient and resilient energy grids (SDG 9).
• Development of Ultrasonic Metering Technology: Offers higher accuracy and longer lifespan with no moving parts, contributing to more sustainable and reliable infrastructure.
• Advancement in Data Analytics Platforms: Enables utilities to optimize gas distribution, predict demand, and identify inefficiencies, supporting the goals of SDG 7 and SDG 13.

Competitive Landscape

The market is characterized by intense competition among technology providers dedicated to advancing smart metering solutions. Key players are instrumental in developing the technology required to meet global sustainability goals.

1. Landis+Gyr Group AG: A leader in advanced metering infrastructure supporting grid modernization (SDG 9).
2. Itron Inc.: Dominant in utility-grade smart meters and data management systems for energy efficiency (SDG 7).
3. Honeywell International Inc.: Provides integrated solutions with advanced safety features, enhancing community safety (SDG 11).
4. Diehl Metering GmbH: Specializes in hybrid communication meters for robust and resilient networks (SDG 9).
5. Apator SA: Focuses on smart metering solutions for diverse regional markets.
6. Siemens AG: Offers end-to-end solutions that form the backbone of smart city infrastructure (SDG 11).
7. Zenner International GmbH: A provider of reliable, long-term ultrasonic smart gas meters.
8. Badger Meter, Inc.: Develops advanced measurement technologies for efficient utility management.
9. Aclara Technologies LLC (Hubbell Incorporated): Specializes in two-way communication meters for responsive energy grids.
10. Xylem Inc. (Sensus brand): Offers smart solutions with analytics capabilities for data-driven resource management (SDG 7).

Market Segmentation

The market is segmented to address various technological requirements and end-user applications, allowing for targeted strategies to maximize energy efficiency and sustainability impacts.

• By Reading: Circular Reading, Direct Reading
• By Type: Smart Ultrasonic Gas Meter, Smart Diaphragm Gas Meter
• By Component: Hardware, Software
• By End-User: Residential, Commercial, Industrial

Analysis of Sustainable Development Goals in the Smart Gas Meters Market Article

1. Which SDGs are addressed or connected to the issues highlighted in the article?

The article on the smart gas meters market highlights advancements and initiatives that are directly and indirectly connected to several Sustainable Development Goals. The analysis identifies the following relevant SDGs:

• SDG 7: Affordable and Clean Energy

  The core topic of the article is the modernization of gas metering technology. Smart meters are crucial for improving energy efficiency, which is a key aspect of SDG 7. By providing accurate consumption data, they empower consumers and utilities to manage energy use more effectively, reducing waste and promoting conservation.

• SDG 9: Industry, Innovation, and Infrastructure

  The article focuses on the development and deployment of advanced infrastructure (Advanced Metering Infrastructure – AMI). It details innovations like ultrasonic meters, IoT connectivity, and hybrid communication systems. The large-scale rollouts in the US, Europe, and Asia-Pacific represent significant upgrades to national energy infrastructure, making it more resilient, efficient, and technologically advanced.

• SDG 11: Sustainable Cities and Communities

  The article explicitly mentions that “increasing smart city projects” is a key driver for the market. Smart meters are a foundational component of smart cities, enabling better utility management. Furthermore, features like “real-time leak detection” and “integrated safety shut-off valves for earthquake-prone regions” directly contribute to making urban and rural communities safer and more resilient.

• SDG 13: Climate Action

  While not the primary focus, the article’s content has clear implications for climate action. Improving energy efficiency reduces the overall demand for fossil fuels. More importantly, features like real-time leak detection help mitigate the release of methane, a potent greenhouse gas, from gas distribution networks. The mention of the European Union’s “Green Deal initiative” as a driver for smart meter adoption directly links this technology to broader climate policy.

2. What specific targets under those SDGs can be identified based on the article’s content?

Based on the article’s discussion of technology, policy, and market drivers, several specific SDG targets can be identified:

1. Target 7.3: By 2030, double the global rate of improvement in energy efficiency.

   The article states that the market is driven by “government regulations for energy efficiency” and the “rising demand for accurate billing and consumption monitoring.” Smart meters are a key enabling technology for achieving energy efficiency gains by providing the data necessary to manage and reduce gas consumption.

2. Target 9.1: Develop quality, reliable, sustainable and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all.

   The deployment of millions of smart meters represents a significant upgrade to energy infrastructure, making it more reliable and resilient. The allocation of “USD 1.2 billion for smart gas meter upgrades in rural and underserved communities” in the United States directly addresses the goal of ensuring equitable access to modern infrastructure.

3. Target 11.b: By 2020, substantially increase the number of cities and human settlements adopting and implementing integrated policies and plans towards inclusion, resource efficiency, mitigation and adaptation to climate change, disaster risk reduction and develop and implement, in line with the Sendai Framework for Disaster Risk Reduction 2015-2030, holistic disaster risk management at all levels.

   The article links market growth to “increasing smart city projects.” Furthermore, the development of meters with “real-time leak detection capabilities” and “integrated safety shut-off valves for earthquake-prone regions” are direct contributions to disaster risk reduction and building community resilience.

4. Target 13.2: Integrate climate change measures into national policies, strategies and planning.

   The article provides a clear example of this target in action by mentioning that the “European Union mandated smart gas meter installation in all new buildings by 2027 as part of its Green Deal initiative.” This shows a major economic bloc integrating technology adoption into its overarching climate strategy.

3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?

Yes, the article contains several quantitative and qualitative indicators that can be used to measure progress towards the identified targets:

• Number of smart meters deployed: This is a primary indicator for targets 7.3 and 9.1. The article provides specific figures that can be used for measurement, such as Itron’s “2 million” meters in the U.S., Landis+Gyr’s “8 million” in Germany, China’s target of “100 million installations by 2028,” and Siemens’ “5 million” in India. These numbers directly reflect the scale of infrastructure upgrades and the adoption of energy-efficient technology.
• Financial investment in infrastructure upgrades: This is an indicator for Target 9.1. The article mentions the “Department of Energy allocated USD 1.2 billion for smart gas meter upgrades in rural and underserved communities,” which is a direct measure of financial commitment to developing equitable infrastructure.
• Adoption of advanced safety features: This serves as an indicator for Target 11.b. The article specifies technologies like “real-time leak detection capabilities” (deployed in 2 million meters by Itron) and “integrated safety shut-off valves” (developed by Panasonic), which are measurable features enhancing community resilience.
• Implementation of regulatory policies and mandates: This is a key qualitative indicator for Target 13.2. The article explicitly cites the “European Union mandated smart gas meter installation in all new buildings by 2027 as part of its Green Deal initiative,” which serves as a concrete example of a policy measure being implemented to advance climate goals.

4. Table of SDGs, Targets, and Indicators

Source: openpr.com