HOME Top Market Reports Smart Gas Market by Device (AMR & AMI Meters), Solution (GIS, SCADA, Asset Condition Monitoring and Performance Management, MDM, Outage Management & Remote Monitoring), Service (Consulting, Deployment, & Managed) and Region - Global Forecast to 2022

Smart Gas Market by Device (AMR & AMI Meters), Solution (GIS, SCADA, Asset Condition Monitoring and Performance Management, MDM, Outage Management & Remote Monitoring), Service (Consulting, Deployment, & Managed) and Region - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: April 2017
Report Code: TC 2462

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The smart gas market is expected to grow from USD 11.25 Billion in 2017 to USD 21.75 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 14.1% during the period of 2017–2022.

Objectives of the Study

  • To determine and forecast the global smart gas market on the basis of solutions, devices, services, & regions from 2017 to 2022 and analyse the various macro & micro-economic factors that affect the market growth
  • To forecast the size of market segments with respect to five main regions, namely, North America, Europe, Latin America, Asia-Pacific (APAC), and the Middle East & Africa (MEA)
  • To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
  • To analyse each submarket with respect to individual growth trends, future prospects, and contribution to the total smart gas market
  • To analyse the opportunities in the market for stakeholders by identifying high-growth segments of the market
  • To profile key market players, provide comparative analysis on the basis of business overviews, product offerings, regional presence, business strategies, & key financials, and provide companies with a snapshot of the competitive landscape of the smart gas market.
  • To track and analyze competitive developments, such as mergers & acquisitions, product developments, partnerships & collaborations, and Research & Development (R&D) activities in the market

The research methodology used to estimate and forecast the smart gas market began with capturing data on key vendor revenues and the market size of the individual segments through secondary sources: industry associations, such as American Gas Association (AGA), Southern Gas Association (SGA), & trade journals, such as Institute of Electrical and Electronics Engineers (IEEE) Internet of Things Journal. The vendor offerings were also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global smart gas market from the individual technology segment. After arriving at the overall market size, the total market was split into several segments & subsegments, which were then verified through primary research by conducting extensive interviews with key industry personnel, such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process & arrive at the exact statistics for all the segments and subsegments. The breakdown of profiles of primary discussion participants is depicted in the below figure:

Smart Gas Market

To know about the assumptions considered for the study, download the pdf brochure

The smart gas market ecosystem includes players, such as ABB Group (Switzerland), Aclara Technologies LLC (U.S.), Badger Meter, Inc. (U.S.), Cap Gemini S.A. (France), CGI Group Inc. (Canada), Diehl Stiftung & Co. KG (Germany), Elster Group SE (Germany), General Electric Company (U.S.), International Business Machines Corporation (U.S.), Itron, Inc. (U.S.), Landis+Gyr Inc. (Switzerland), Oracle Corporation (U.S.), Schneider Electric SE (France), Sensus USA Inc. (U.S.), Silver Spring Networks, Inc. (U.S.), and Verizon Communications, Inc. (U.S.), who provide numerous solutions, services, & devices required for smart gas operations.

Key Target Audience

  • Local gas distribution companies/gas utilities
  • Multi-fuel utilities (Gas+water+electric or gas+electric)
  • Commercial & Industrial (C&I) customers
  • Residential customers
  • Gas meter manufacturing companies
  • National regulatory authorities
  • Natural gas pipeline operators
  • Advanced Metering Infrastructure (AMI) vendors
  • Enterprise Resource Planning (ERP) solution providers for utilities
  • Information Technology (IT) companies that provide system integration solutions to utilities
  • Managed service providers for utilities

Scope of the Report

The research report categorizes the smart gas market to forecast the revenues and analyze the trends in each of the following subsegments:

By Type 

  • Solution
    • Asset management
    • Analytics and data management
    • Geographic Information System (GIS)
    • Remote monitoring
    • Outage management
    • Network management
    • Network and application security
    • Mobile workforce management
    • Others (Billing, subscription, and customer information systems)
  • Device
    • Automatic Meter Reading (AMR) meters
    • Advanced Metering Infrastructure (AMI) meters
  • Service
    • Professional services
    • Managed services

By Region

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Middle East and Africa (MEA)
  • Latin America

Available Customizations

With the given market data, MarketsandMarkets offers customization as per the company’s specific requirements. The following customization options are available for the report:

Geographic Analysis

  • Further country level breakdown of the North American smart gas market
  • Further country level breakdown of the European market
  • Further country level breakdown of the APAC market
  • Further country level breakdown of the MEA market
  • Further country level breakdown of the Latin American market

Company Information

  • Detailed analysis and profiling of additional market players

Replacement of aging infrastructure drives the investment in global smart gas market to USD 21.75 billion by 2022

Smart gas is the combination of smart devices, smart solutions, and smart services to bring advancement in the traditional gas distribution system. The term “smart” here refers to solutions with applied intelligence that can provide real-time information about leakage and monitor the gas distribution network. This class of technology brings improved integration & forecasting, support & communication, control & maintenance, distribution, mitigation, and planning capabilities in the delivery systems.

The demand for smart gas is driven by the requirement of improved energy-efficient solutions, which is leading toward more sophistication of solutions and services. Furthermore, increasing adoption of integrated wireless communication solutions is also providing a push to the market by reducing field visits.

Aging infrastructure leads to performance degradation of assets, numerous vulnerabilities, and poor environmental compliance. For gas utilities, the major concern in the process of infrastructure turning old is evaluation. In addition, replacement drives for legacy infrastructure have also invited huge investments in the smart gas market.

Cloud based services and security solutions would offer numerous opportunities due to huge amount of data  

IoT as a technology involves storing, managing, and analyzing data in real time. Cloud platforms present a perfectly cost-effective and easily deployable alternative for this issue to eliminate the need for building on-premises data centers. While IoT is all about connected devices that produce a huge amount of data, the cloud platform enables analytics derive value from the data. Cloud computing technologies are providing smart gas solution vendors a way to connect smart gas solutions installed at the control center to IoT-enabled devices. This capability would help end-users to build IoT-based sense and respond systems quickly and economically.

Security remains the topmost priority for the global gas industry. The vulnerability of gas infrastructure, both in terms of physical security and cybersecurity, is a major concern for the gas companies. Integrated security solutions are on the rise compared to separate security systems. With the increasing energy demand, the need to have a robust infrastructure in place is a must for the gas companies. The demand for integrated security solutions is surpassing the demand for standalone solutions.

Market Dynamics

Smart Gas Market

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
    2.3 Vendor Dive Matrix Methodology
    2.4 Research Assumptions and Limitations
           2.4.1 Assumptions
           2.4.2 Limitations

3 Executive Summary (Page No. - 25)

4 Premium Insights (Page No. - 28)
    4.1 Attractive Market Opportunities in the Market, 2017-2022
    4.2 Smart Gas Market, By Type, 2017
           4.2.1 Market By Solution, 2017
           4.2.2 Market By Service, 2017
           4.2.3 Market By Device, 2017
    4.3 Smart Gas Market, By Region, 2017
    4.4 Lifecycle Analysis, By Region

5 Market Overview and Industry Trends (Page No. - 32)
    5.1 Introduction
    5.2 Traditional Gas Distribution vs Smart Gas Distribution
    5.3 Smart Gas: Distribution System
    5.4 Market Dynamics
           5.4.1 Drivers
                    5.4.1.1 Growing Demand for Customer-Centric Approach Would Lead to the Growth of the Market
                    5.4.1.2 Replacement of Aging Infrastructure Drives the Investment in the Smart Gas Market
                    5.4.1.3 Increasing Global Energy Demand Leading to the Adoption of Sophisticated Technologies
                    5.4.1.4 Integrated Wireless Communication Features in Smart Gas Solutions Reducing Field Visits
           5.4.2 Restraints
                    5.4.2.1 Lack of Strong Business Case for the Deployment of Smart Gas Meters Limiting the Investment
                    5.4.2.2 High Capex on Smart Gas Infrastructure
           5.4.3 Opportunities
                    5.4.3.1 Cloud-Based Services Would Offer Numerous Opportunities Due to Huge Amount of Data Generation
                    5.4.3.2 Security Solutions Would Boost Revenue Stream for the Vendors Offering Security Solutions and Services
           5.4.4 Challenges
                    5.4.4.1 Difficulties in Integration of Smart Solutions With Analytics Capabilities Over Legacy Systems and Networks
                    5.4.4.2 Need of Focus on Cost Management to Earn High ROI

6 Smart Gas Market Analysis, By Type (Page No. - 38)
    6.1 Introduction
    6.2 Smart Gas Market Analysis, By Solution
           6.2.1 Asset Management
                    6.2.1.1 Asset Condition Monitoring
                    6.2.1.2 Asset Performance Management
           6.2.2 Analytics and Data Management
                    6.2.2.1 Meter Data Management
                    6.2.2.2 Supervisory Control and Data Acquisition
           6.2.3 Geographic Information System
           6.2.4 Remote Monitoring
           6.2.5 Outage Management
           6.2.6 Network Management
           6.2.7 Network and Application Security
           6.2.8 Mobile Workforce Management
           6.2.9 Others
    6.3 Smart Gas Market Analysis, By Device
           6.3.1 AMR Meters
           6.3.2 AMI Meters
    6.4 Smart Gas Market Analysis, By Service
           6.4.1 Professional Services
                    6.4.1.1 Consulting Services
                    6.4.1.2 Deployment and Integration
                    6.4.1.3 Support and Maintenance Services
           6.4.2 Managed Services

7 Geographic Analysis (Page No. - 63)
    7.1 Introduction
    7.2 North America
    7.3 Europe
    7.4 Asia-Pacific
    7.5 Middle East and Africa
    7.6 Latin America

8 Competitive Landscape (Page No. - 84)
    8.1 Vendor Dive Overview
           8.1.1 Vanguards (Leaders)
           8.1.2 Innovators
           8.1.3 Dynamic
           8.1.4 Emerging
    8.2 Analysis of the Product Portfolio of Major Players in the Smart Gas Market
    8.3 Analysis of the Business Strategy of Major Players in the Smart Gas Market

9 Company Profiles (Page No. - 88)
(Overview, Financials, Products & Services, Strategy, and Developments)*
    9.1 International Business Machines Corporation
    9.2 CGI Group Inc.
    9.3 General Electric Company
    9.4 Oracle Corporation
    9.5 Itron, Inc.
    9.6 Schneider Electric SE
    9.7 Elster Group SE
    9.8 Cap Gemini SA
    9.9 Landis+Gyr Inc.
    9.10 ABB Group
    9.11 Sensus USA Inc.
    9.12 Verizon Communications, Inc.
    9.13 Aclara Technologies LLC
    9.14 Badger Meter, Inc.
    9.15 Silver Spring Networks, Inc.
    9.16 Diehl Stiftung & Co. Kg

*Details on Overview, Financials, Product & Services, Strategy, and Developments Might Not Be Captured in Case of Unlisted Companies.

10 Appendix (Page No. - 137)
     10.1 Discussion Guide
     10.2 Knowledge Store: Marketsandmarkets Subscription Portal
     10.3 Introducing RT: Real-Time Market Intelligence
     10.4 Available Customization
     10.5 Related Reports
     10.6 Author Details


List of Tables (75 Tables)

Table 1 United States Dollar Exchange Rate, 2014–2016
Table 2 Smart Gas Market Size, By Type, 2015–2022 (USD Million)
Table 3 Market Size By Solution, 2015–2022 (USD Million)
Table 4 Solutions: Market Size By Region, 2015–2022 (USD Million)
Table 5 Asset Management: Market Size By Type, 2015–2022 (USD Million)
Table 6 Asset Management: Market Size By Region, 2015–2022 (USD Million)
Table 7 Asset Condition Monitoring: Market Size By Region, 2015–2022 (USD Million)
Table 8 Asset Performance Management: Market Size By Region, 2015–2022 (USD Million)
Table 9 Analytics and Data Management: Market Size By Type, 2015–2022 (USD Million)
Table 10 Analytics and Data Management: Market Size By Region, 2015–2022 (USD Million)
Table 11 Meter Data Management: Smart Gas Market Size, By Region, 2015–2022 (USD Million)
Table 12 Supervisory Control and Data Acquisition: Market Size By Region, 2015–2022 (USD Million)
Table 13 Geographic Information System: Market Size By Region, 2015–2022 (USD Million)
Table 14 Remote Monitoring: Market Size By Region, 2015–2022 (USD Million)
Table 15 Outage Management: Market Size By Region, 2015–2022 (USD Million)
Table 16 Network Management: Market Size By Region, 2015–2022 (USD Million)
Table 17 Network and Application Security: Market Size By Region, 2015–2022 (USD Million)
Table 18 Mobile Workforce Management: Market Size By Region, 2015–2022 (USD Million)
Table 19 Others: Market Size By Region, 2015–2022 (USD Million)
Table 20 Devices: Market Siz, By Device, 2015–2022 (USD Million)
Table 21 Devices: Market Siz, By Shipment, 2015–2022 (Thousand Units)
Table 22 Devices: Market Siz, By Region, 2015–2022 (USD Million)
Table 23 AMR Meters: Market Size By Region, 2015–2022 (USD Million)
Table 24 AMR Meters: Market Size By Shipment, 2015–2022 (Thousands Units)
Table 25 AMI Meters: Market Size By Region, 2015–2022 (USD Million)
Table 26 AMI Meters: Market Size By Shipment, 2015–2022 (Thousand Units)
Table 27 Smart Gas Market Size By Service, 2015–2022 (USD Million)
Table 28 Services: Market Size By Region, 2015–2022 (USD Million)
Table 29 Professional Services: Market Size By Type, 2015–2022 (USD Million)
Table 30 Professional Services: Market Size By Region, 2015–2022 (USD Million)
Table 31 Consulting Services: Market Size By Region, 2015–2022 (USD Million)
Table 32 Deployment and Integration: Market Size By Region, 2015–2022 (USD Million)
Table 33 Support and Maintenance Services: Market Size By Region, 2015–2022 (USD Million)
Table 34 Managed Services: Market Size By Region, 2015–2022 (USD Million)
Table 35 Smart Gas Market Size By Region, 2015–2022 (USD Million)
Table 36 North America: Market Size By Type, 2015–2022 (USD Million)
Table 37 North America: Market Size By Solution, 2015–2022 (USD Million)
Table 38 North America: Asset Management Solution Market Size, By Type, 2015–2022 (USD Million)
Table 39 North America: Analytics and Data Management Solution Market Size, By Type, 2015–2022 (USD Million)
Table 40 North America: Market Size By Service, 2015–2022 (USD Million)
Table 41 North America: Smart Gas Professional Services Market Size, By Type, 2015–2022 (USD Million)
Table 42 North America: Market Size By Device, 2015–2022 (USD Million)
Table 43 North America: Market Size By Shipment, 2015–2022 (Thousand Units)
Table 44 Europe: Market Size By Type, 2015–2022 (USD Million)
Table 45 Europe: Market Size By Solution, 2015–2022 (USD Million)
Table 46 Europe: Asset Management Market Size, By Type, 2015–2022 (USD Million)
Table 47 Europe: Analytics and Data Management Market Size, By Type, 2015–2022 (USD Million)
Table 48 Europe: Market Size By Service, 2015–2022 (USD Million)
Table 49 Europe: Professional Services Market Size, By Type, 2015–2022 (USD Million)
Table 50 Europe: Market Size By Device, 2015–2022 (USD Million)
Table 51 Europe: Market Size By Shipment, 2015–2022 (Thousand Units)
Table 52 Asia-Pacific: Market Size By Type, 2015–2022 (USD Million)
Table 53 Asia-Pacific: Market Size By Solution, 2015–2022 (USD Million)
Table 54 Asia-Pacific: Asset Management Solution Market Size, By Type, 2015–2022 (USD Million)
Table 55 Asia-Pacific: Analytics and Data Management Solution Market Size, By Type, 2015–2022 (USD Million)
Table 56 Asia-Pacific: Market Size By Service 2015–2022 (USD Million)
Table 57 Asia-Pacific: Professional Services Market Size, By Type, 2015–2022 (USD Million)
Table 58 Asia-Pacific: Market Size By Device, 2015–2022 (USD Million)
Table 59 Asia-Pacific: Market Size By Shipment, 2015–2022 (Thousand Units)
Table 60 Middle East and Africa: Market Size By Type, 2015–2022 (USD Million)
Table 61 Middle East and Africa: Market Size By Solution, 2015–2022 (USD Million)
Table 62 Middle East and Africa: Asset Management Solution Market Size, By Type, 2015–2022 (USD Million)
Table 63 Middle East and Africa: Analytics and Data Management Solution Market Size, By Type, 2015–2022 (USD Million)
Table 64 Middle East and Africa: Smart Gas Market Size By Service, 2015–2022 (USD Million)
Table 65 Middle East and Africa: Professional Services Market Size, By Type, 2015–2022 (USD Million)
Table 66 Middle East and Africa: Market Size By Device, 2015–2022 (USD Million)
Table 67 Middle East and Africa: Market Size By Shipment, 2015–2022 (Thousand Units)
Table 68 Latin America: Market Size By Type, 2015–2022 (USD Million)
Table 69 Latin America: Market Size By Solution, 2015–2022 (USD Million)
Table 70 Latin America: Asset Management Solution Market Size, By Type, 2015–2022 (USD Million)
Table 71 Latin America: Analytics and Data Management Solution Market Size, By Type, 2015–2022 (USD Million)
Table 72 Latin America: Market Size By Service, 2015–2022 (USD Million)
Table 73 Latin America: Professional Services Market Size, By Type, 2015–2022 (USD Million)
Table 74 Latin America: Market Size By Device, 2015–2022 (USD Million)
Table 75 Latin America: Market Size By Shipment, 2015–2022 (Thousand Units)


List of Figures (72 Figures)

Figure 1 Global Smart Gas Market: Market Segmentation
Figure 2 Global Smart Gas Market: Research Design
Figure 3 Data Triangulation
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Vendor Dive Matrix: Criteria Weightage
Figure 7 North America is Estimated to Hold the Largest Market Share in 2017
Figure 8 Fastest Growing Segments of the Smart Gas Market
Figure 9 Government Initiatives Offer Attractive Market Opportunities
Figure 10 Solutions Segment is Estimated to Hold the Largest Market Share in 2017
Figure 11 Asset Management Solution is Estimated to Hold the Largest Market Share in 2017
Figure 12 Professional Services Segment is Estimated to Hold the Largest Market Share in 2017
Figure 13 AMR Meters Segment is Estimated to Hold the Largest Market Share in 2017
Figure 14 North America is Estimated to Hold the Largest Market Size in 2017
Figure 15 The Smart Gas Market has Immense Opportunities for Growth in the Asia-Pacific Region
Figure 16 Smart Gas: Distribution System Diagram
Figure 17 Smart Gas Market: Drivers, Restraints, Opportunities, and Challenges
Figure 18 Solutions Segment is Expected to Have the Largest Market Size in the Smart Gas Market During the Forecast Period
Figure 19 Asset Management Segment to Have the Largest Market Size in the Smart Gas Market By Solution in 2017
Figure 20 AMR Meters Segment is Expected to Have the Largest Market Size in the Smart Gas Market By Platform During the Forecast Period
Figure 21 Professional Services Segment to Have the Largest Market Size in the Smart Gas Market By Service During the Forecast Period
Figure 22 North America to Be the Leading Region in Terms of Market Size During the Forecast Period
Figure 23 Asia-Pacific: Hot Spot for the Smart Gas Market During the Forecast Period
Figure 24 North America Snapshot
Figure 25 Asia-Pacific Snapshot
Figure 26 Dive Chart (For 25 Companies)
Figure 27 International Business Machines Corporation: Company Snapshot (2016)
Figure 28 International Business Machines Corporation: Product Offering Scorecard
Figure 29 International Business Machines Corporation: Business Strategy Scorecard
Figure 30 CGI Group Inc.: Company Snapshot (2016)
Figure 31 CGI Group Inc.: Product Offering Scorecard
Figure 32 CGI Group Inc.: Business Strategy Scorecard
Figure 33 General Electric Company: Company Snapshot (2016)
Figure 34 General Electric Company: Product Offering Scorecard
Figure 35 General Electric Company: Business Strategy Scorecard
Figure 36 Oracle Corporation: Company Snapshot (2015)
Figure 37 Oracle Corporation: Product Offering Scorecard
Figure 38 Oracle Corporation: Business Strategy Scorecard
Figure 39 Itron, Inc.: Company Snapshot (2015)
Figure 40 Itron, Inc.: Product Offering Scorecard
Figure 41 Itron, Inc.: Business Strategy Scorecard
Figure 42 Schneider Electric SE: Company Snapshot (2016)
Figure 43 Schneider Electric SE: Product Offering Scorecard
Figure 44 Schneider Electric SE: Business Strategy Scorecard
Figure 45 Elster Group SE: Company Snapshot (2015)
Figure 46 Elster Group SE: Product Offering Scorecard
Figure 47 Elster Group SE: Business Strategy Scorecard
Figure 48 Cap Gemini SA: Company Snapshot (2015)
Figure 49 Cap Gemini SA: Product Offering Scorecard
Figure 50 Cap Gemini SA: Business Strategy Scorecard
Figure 51 Landis+Gyr Inc.: Company Snapshot (2015)
Figure 52 Landis+Gyr Inc.: Product Offering Scorecard
Figure 53 Landis+Gyr Inc.: Business Strategy Scorecard
Figure 54 ABB Group: Company Snapshot (2016)
Figure 55 ABB Group: Product Offering Scorecard
Figure 56 ABB Group: Business Strategy Scorecard
Figure 57 Sensus USA Inc.: Product Offering Scorecard
Figure 58 Sensus USA Inc.: Business Strategy Scorecard
Figure 59 Verizon Communications, Inc.: Company Snapshot (2016)
Figure 60 Verizon Communications, Inc.: Product Offering Scorecard
Figure 61 Verizon Communications, Inc.: Business Strategy Scorecard
Figure 62 Aclara Technologies LLC: Product Offering Scorecard
Figure 63 Aclara Technologies LLC: Business Strategy Scorecard
Figure 64 Badger Meter, Inc.: Company Snapshot (2016)
Figure 65 Badger Meter, Inc.: Product Offering Scorecard
Figure 66 Badger Meter, Inc.: Business Strategy Scorecard
Figure 67 Silver Spring Networks, Inc.: Company Snapshot (2016)
Figure 68 Silver Spring Networks, Inc.: Product Offering Scorecard
Figure 69 Silver Spring Networks, Inc.: Business Strategy Scorecard
Figure 70 Diehl Stiftung & Co. Kg: Company Snapshot (2016)
Figure 71 Diehl Stiftung & Co. Kg: Product Offering Scorecard
Figure 72 Diehl Stiftung & Co. Kg: Business Strategy Scorecard

The smart gas market size is expected to grow from USD 11.25 Billion in 2017 to USD 21.75 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 14.1% during the forecast period. The major drivers for the upsurge in the market include the growing demand for customer-centric approach leading to the overall market growth of the market, replacement of aging infrastructure driving investment in the market, and the increasing global energy demand leading to adoption of sophisticated technologies.

The scope of this report covers the smart gas market analysis by solution, device type and service type, and region. The remote monitoring solution segment is expected to grow at the highest CAGR during the forecast period, owing to the increasing demand of vital functionalities this solution offers, such as, tracking asset performance, which provides real-time data during gas operations. Factors, such as production time, leakage rate, energy usage, and climatic condition can be collected, analyzed, and presented to the designated personnel, in terms of performance data and ability to control data, such as remotely shutting off gas operations.

The Automatic Meter Reading (AMR) meters device segment is expected to have the largest market share during the forecast period, owing to the cost effectiveness and its preference for smaller utilities, as it is cheaper and offers benefits, such as accurate meter readings and improved & transparent billing processes.

The professional services segment is expected to have the largest market share during the forecast period owing to the deployment of AMI meters, need of technological consulting, and continuous support & maintenance activities carried out in the gas industry.

As per the geographic analysis, North America is expected witness significant growth in the smart gas market over the forecast period due to massive upcoming projects. North America has the highest installation rate (over 50%) of AMR devices. Over the past few years, numerous utilities in the US have boarded advanced smart gas schemes, wherein their main objectives are to deploy second-generation advanced metering infrastructure, communication modules, asset management, workforce management, security features, analytics, and Meter Data Management (MDM).

Smart Gas Market

A few of the restraining factors that affect the market growth include the lack of strong business case for the deployment of smart gas meters limiting the investment and high Capital Expenditure (CAPEX) on the smart gas infrastructure. The smart gas market vendors profiled in the report include ABB Group (Switzerland), Aclara Technologies LLC (US), Badger Meter, Inc. (US), Cap Gemini S.A. (France), CGI Group Inc. (Canada), Diehl Stiftung & Co. KG (Germany), Elster Group SE (Germany), General Electric Company (US), IBM Corporation (US), Itron, Inc. (US), Landis+Gyr (Switzerland), Oracle Corporation (US), Schneider Electric SE (France), Sensus USA Inc. (US), Silver Spring Networks, Inc. (US), and Verizon Communications, Inc. (US)

The growth of smart gas market depends on the factors, such as replacement of aging infrastructure, growing demand for energy efficient solutions, and increasing adoption of integrated wireless communication solutions.

Various established players and new entrants in the industry are offering smart gas solutions to ensure better productivity and optimization of the resources

Smart Gas Market

Asset Management

Distribution pipelines are a critical asset for gas utilities. Owing to the aging infrastructure of the pipelines and the amount of risk associated with gas pipelines, asset management is indispensable for gas utility operations. Asset management for gas utilities helps in optimally and sustainably managing gas pipelines. In order to achieve the organizational strategic plan, the associated performance, risks, and expenditures over the lifecycles of the assets are taken care of by asset management solutions. These solutions generally include type and asset tracking, work order creation, maintenance, repair and operations inventory and procurement, asset tracking, and planned maintenance history.

Analytics and Data Management

Meter data analytics solution unlocks smart meter data from both AMR and AMI sources, turning them into actionable information for gas utilities. It is a prepackaged spatial and graphical dashboard, which enables the company staff to track performance and analyze trends using the information from the core gas utility applications. It helps to improve customer service quality and cut costs by Integrating Voice Response (IVR) systems, steering customers to self-service web sites, and varying billing cycles so that call volumes are relatively level throughout the month. It also reduces gas loss resulting from pipe leaks and breaks by analyzing sensor data in near real time to detect unusual flow rates and automatically notify dispatchers and field technicians about likely emergencies. Other important benefits include reduction in capital expenditure, optimization of cash flows, and reduction of IT risk.

Remote Monitoring

Gas monitoring was carried out through Programmable Logic Controller (PLC) systems, satellite communications, or by physical monitoring. The first method involves complex wired processes, the second is cost intensive, while the third involves time and labor cost. Remote monitoring solutions for gas utilities deal with remotely controlling the essential types: hardware and software such as Programmable Logic Controller (PLC), Human Machine Interface (HMI), and SCADA systems. With the evolution of Internet of things (IoT), the entire landscape has changed. Wireless IoT solutions can remotely monitor the gas utilities with just the addition of sensors.

The solution has the ability to track asset performance, which provides real-time data during gas operations. Factors such as production time, leakage rate, energy usage, and climatic conditions can all be collected and analyzed and presented to the responsible personnel in terms of performance data and ability to control data such as remotely shut off gas operations. This solution benefits in terms of saving money that would otherwise have been spent on sending the workforce on-site to troubleshoot an issue.

Network Management

The gas distribution network monitoring software solution absorbs the data collected from utility SCADA systems and other gas distribution network assets, such as sensor networks and smart meters. Further, rich algorithms analyze this data to detect meter and equipment failures, leaks, bursts, and other anomalies. After analysis, real-time alerts generated by the network monitoring systems inform the network operators of anticipated anomalies in distribution network behavior and geo-locate events. Network monitoring systems thus result in better customer service, enhanced operational efficiency, and reduced maintenance time and cost. The network management helps the utilities to transform their gas related operations over an integrated network. The network management separates the infrastructure communication network management and the utility operational applications communication network.

Geographic Information System (GIS)

GIS helps the gas utilities in maintaining, mapping, and reporting utility infrastructure and pipelines. It provides mobile capabilities to the field employees in moving critical data and keeping information records up to date. It allows gas utilities to assess and prioritize construction and maintenance activities, complete risk and integrity analyses, and ensure regulatory compliance. GIS allows building a detailed connectivity model for distribution network of pipelines, provides tools to establish standards and processes for maintaining this model, and provides a complete base for sharing these data across the organization. GIS technology provides a common geographic platform to the organizations to easily access business data and efficiently manage infrastructure and assets.

Network and Application Security

The gas utilities deal with a large amount of sensitive and organizational content of vital importance to the enterprises. Gas utilities have critical operational and controller applications, which are prone to cyber-attacks and cause massive operational damages and monetary losses. Securing these networks, applications, and programs from these attacks is one of the major priorities for the gas utilities. There is an increased need to secure vital sensitive organizational data from insider theft or external cyber-attacks, as the intruder or hacker always targets entry to the network to gain access to the running applications and then carry out malicious activities. The network security solutions which are of the utmost importance include Identity and Access Management (IAM), firewalls, update and patch management, Security Information and Event Management (SIEM), incident response and disaster recovery, SCADA network security, and Unified Threat Management (UTM) solutions.

Mobile Workforce Management

Mobile workforce management automates the scheduling of tasks and assignments of field resources and equipment to various employees. It helps in generating optimal schedules based on the number of resources, priority of work, duration of work, operational constraints, and work objectives. It also allows the development of virtual scenarios to analyze workloads. The solution assists people in selecting optimal routes, while moving from one place to another. It also enables communication in areas where cellular coverage is unavailable. The solution allows employees to get access to the desired information using a smartphone, from any location.

Outage Management

Outage management is an integration of software, hardware, communication technology, and utilities operation policies that assist the gas utilities to manage power outage situations. The outage management software helps the utilities to reduce the economic impact of service interruption by re-establishing the power in an efficient manner. It uses real-time as well as historical customer data to alert any system-wide issue, beforehand of customer report generation. This saves time and allows the focus on the most important task of restoring power back to customers. It also eliminates capital investments such as IT resources, extra office space, or specialized resources. The software indicates the service outage location, calculates and manages Estimated Time of Restoration (ETR), and alerts messaging regarding outage to utility, customers, and other stakeholders. In recent time, increase in smart devices used for data collections, advancement of technology, and big data analytics have collectively created a robust system, which is capable of handling and processing huge bulks of data to detect and restore the power and predict the nature of outage management.

Others

The others section covers the billing & subscription and CIS. The residential and Commercial and Industrial (C&I) both have become gradually cost aware and more prejudiced of the inadequacies and obstinacies of the system. Today, customer satisfaction has become a pressing issue for the utility industry marked by high churn. CIS and utility billing system help utilities reduce operational overhead costs in terms of human and financial resources and also provide efficient billing and collection capabilities which results in increased collection rates. C&I customers are a significant revenue stream for utilities and utility billing. CIS software can help implement Time-of-Use (TOU) pricing for residential and large C&I customers as well as integrate CRM processes for managing these customers.

Key questions

  • What are the core areas of smart gas which are expected to generate the highest opportunity for solution vendors and system integrators?
  • How is the decreasing cost of sensors and connected hardware boosting the adoption of smart water management solutions and services in emerging economies? How vendors are optimizing the opportunities generated due to increased connectivity requirement across utilities?
  • How much time does it take to attain the break-even point for utilities? What steps are being taken by the utilities to overcome this challenge?
  • What key development strategies are being adopted by your major competitors? How these strategies are going to re-shape the market?

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