Smart Gas Market Share

On the basis of geographical analysis, the global smart gas market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. Asia Pacific is set to dominate majority revenue share by 2036, on the back of increasing number of smart gas metering projects in countries, namely Japan and China, and high encouragement from government to deploy smart gas meters in the region. Moreover, the market in Europe is assessed to grab the largest share over the forecast period owing to the deployment of several regulatory policies leading to the growing adoption of smart gas, and increasing roll-out of smart energy meters supported by the current infrastructure. Apart from these, growing investments to finance low-carbon projects is also predicted to boost the growth of this region’s market in the future.