Fuel Dispensers Market
Fuel Dispensers Market Size, Share and Global Trend By Fuel (Petrol, Diesel, CNG), By Dispenser Systems (Submersible Systems, Suction Systems), By Flow Meter (Mechanical, Electronic) and By Geography Forecast till 2026
Region : Global | Published Date: Upcoming | Report ID: FBI100431| Status : Upcoming
Summary Table of Content
KEY INDUSTRY INSIGHTS
Fuel dispensers ensure easy access to different kinds of fuels. Fuel dispensers are installed at various locations to pump the fuel into the vehicle, storage tank, or portable containers. Fuel dispensers ensure pumping of the accurate amount of fuel in the tank. New advancements in fuel dispensers help in attending more number of vehicles at a time for fuel pumping.
On the basis of fuel, fuel dispensers can be segmented into petrol, diesel, CNG, and others. The change towards cleaner fuels like is likely to boost CNG dispensers growth in the coming time. On the basis of dispenser systems, fuel dispensers can be segmented into submersible and suction systems. Submersible systems have a low cost of maintenance, low installation cost, and high efficiency as compared to suction systems which makes them more preferable.
To get information on various segments, share your queries with us
On the basis of flow meter, fuel dispensers can be segmented into mechanical and electronic flow meters. Electronic flow meters have high accuracy, high stability and are more reliable as compared to mechanical flow meters.
The major market driver for the global fuel dispensers market is the increasing adoption of dual fuel or multi-fuel vehicles. Majority of the lower segment customers prefer dual fuel vehicle in order to have economies in long-distance travel. The shifting trend has increased the demand for fuel dispenser which can dispense multiple types of fuel at the same time.
Key market restraint for the global fuel dispenser market is the rising demand for electric vehicles which eliminates the use of fuels. The high cost of Installation and maintenance of the fuel dispensers can also act as a restraint for fuel dispensers market.
KEY PLAYERS COVERED
Some of the notable companies in the fuel dispenser market are Gilbarco, Wayne Fuelling Systems, LLC, Tatsuno Corporation, Tokheim, Censtar Science and Technology Corporation, Zhejiang Datian Machine Co.,Ltd, Bennett Pump, Dover Fueling Solutions, Scheidt and Bachmann, Neotec, Beijing Sanki Petroleum Technology Co.,Ltd., Shenzhen Kaisai Electric Motor Co., Ltd., Piusi S.p.A., and LanFeng Co.,LTD.
By Fuel
· Petrol
· Diesel
· CNG
By Dispenser Systems
· Submersible Systems
· Suction Systems
By Flow Meter
· Mechanical
· Electronic
· North America (USA, Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
· Asia Pacific (China, India, Japan, Australia, Southeast Asia and Rest of Asia Pacific)
· Latin America (Brazil, Mexico and Rest of Latin America)
· Middle East & Africa (GCC, South Africa, and Rest of Middle East & Africa)
The global fuel dispensers market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In North America, the USA drives the market and it is the largest market in the region. In Europe, Germany, United Kingdom, France, and Spain have well-established fuel dispenser market. The Asia Pacific region holds the highest potential for fuel dispensers market in the coming years. China has been the leader in the domestic market with being a prominent producer and consumer of fuel dispensers.
KEY INDUSTRY DEVELOPMENTS
In September 2018, Oil companies across India started upgrading their fuel dispensers to display three-digit rates. This step came in as the fuel prices were hitting the hundred mark and old dispensers could only display 2 digits before the decimal.
In January 2019, Indian oil announced to set up 27000 new fuel stations across India, inviting applications from entrepreneurs. Contracts that were awarded to them from Saudi Aramco for conventional projects in shallow water offshore Saudi Arabia which include oil production dock manifolds and subsea pipelines.
In June 2018, Gilbarco Veeder-Root acquired Midco ltd. Midco designs and manufactures fuel dispensers and equipment related to the fuelling station.
HISTORICAL DATA: 2014-2017
Ask For Customization
"We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects"
- One of the Leading Food Companies in Germany
"We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!"
- Intuitive Surgical
"I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships."
- Major Food Company in Japan
"Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future"
- Ziering Medical
"It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response"
- Major Manufacturer of Precision Machine Parts in India
"I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business"
- Hewlett-Packard
"This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive"
- Global Management Consulting Firm