sales@fnfresearch.comTel: +91 96043 17127 | USA: 1 (347) 690-0211

Home / All latest News / Global Fuel Dispenser Market

Global Fuel Dispenser Market is Expected to Reach Around USD 2,700 Million by 2026

28-Feb-2020 | Facts and Factors

Facts and Factors report “Fuel Dispenser Market By Type (Submersible Systems and Suction Systems), Flow Meter (Mechanical and Electronic) and By Application (Petrol, Diesel, CNG, Biofuel, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Fuel Dispenser Market in 2019 was approximately USD 2,300 Million. The market is expected to grow at a CAGR of 2.5% and is anticipated to reach around USD 2,700 Million by 2026.

Fuel dispenser facilitates the refilling of various types of fuels into vehicles. With the help of fuel dispenser, the fuel is pumped into the vehicle, storage tanks, and portable containers. This dispenser ensures the accurate amount of fuel is pumped. Fuel dispensers are used to petrol, pump gasoline, diesel, ethanol fuel, LPG, CNG, and biofuels like kerosene and biodiesel into vehicles.

Request Sample Request Customization Buy Now

Browse the full “Fuel Dispenser Market By Type (Submersible Systems and Suction Systems), Flow Meter (Mechanical and Electronic) and By Application (Petrol, Diesel, CNG, Biofuel, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/fuel-dispenser-market-by-type-submersible-systems-and-545

The surging automotive industry is one of the key factors driving the global fuel dispenser market. With the growing population across the globe, the number of vehicles is also increasing coupled with the rising disposable income and changing lifestyle of the consumers. In 2018, it has been observed that the automotive industry manufactured around96 million vehicles including two-wheelers, three-wheelers, passenger vehicles, and commercial vehicles. Therefore, this is projected to boost the consumption of fuels, thereby, propelling fuel dispenser market growth. Moreover, in the last few years, the travel & tourism industry is growing significantly which has further increased the demand for transportation services. Consequently, this, in turn, has boosted the demand for fuel and thus, fuel stations. However, the growing popularity of electric vehicles is likely to hamper the fuel dispenser market. Conversely, the manufacturers are introducing new advanced fuel dispensers that have a scanner, interactive video screen, customer identification keypad, barcoding, and magnetic card terminal. Hence, this is further predicted to offer huge opportunities for market growth.

Owing to low maintenance cost, low installation cost and high-efficiency submersible systems are widely used type of fuel dispenser as compared to suction systems. In 2019, submersible systems accounted for the largest share of more than 75% of the global fuel dispenser market. Additionally, suction systems are efficient and easy to use but have high installation costs and maintenance costs. Among the flow meters, electronic flow meters are widely used owing to its high stability, high accuracy, and reliability. The consumption of petrol is increasing rapidly with the growing number of vehicles such as two-wheeler, three-wheelers, and cars are further estimated to enhance the need for fuel dispensers.

Geographically, the Asia Pacific dominated the global fuel dispenser market. The region accounted for more than 45% of the market share and is expected to grow significantly during the forecast period as well. The growing population and urbanization are the major factors impacting the fuel dispenser market within the region. Additionally, India and China are the major consumers of fuel dispensers owing to the presence of a large number of vehicles in the countries. Moreover, the European market is anticipated to grow considerably owing to the rapidly surging automotive industry in the region.

Some of the major players operating in the global fuel dispenser market are Gilbarco, Wayne Fueling Systems LLC, Tokhein Group, Tatsuno Corp., Scheidt& Bachmann GmbH, TominagaMfg, Neotec, Bennett Pump, Piusi S.p.A., and Beijing Sanki Petroleum Technology Co. Ltd., among others.

This report segments the fuel dispenser market as follows:

Global Fuel Dispenser Market: By Type Segmentation Analysis

  • Submersible Systems
  • Suction Systems

Global Fuel Dispenser Market: By Flow Meter Segmentation Analysis

  • Mechanical
  • Electronic

Global Fuel Dispenser Market: By Application Segmentation Analysis

  • Petrol
  • Diesel
  • CNG
  • Biofuel
  • Others

Global Fuel Dispenser Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:

Facts & Factors

Global Headquarters

Level 8, International Finance Center, Tower 2,
8 Century Avenue, Shanghai,
Postal - 200120, China
Tel: +86 21 80360450

Email: sales@fnfresearch.com

Web: https://www.fnfresearch.com

Latest Added Market Report

High Throughput Process Development Market By Product & Services (Consumables, Instruments, Software, and Services), By Molecule Type (Mammalian Cell Culture & Microbial Fermentation, Process Development & Optimization, and Others), By Process Type (Upstream Process, and Downstream Process), By End User (Biopharmaceuticals, Contract Research & Manufacturing Organizations, and Academic & Research Institutes): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026

[195+ Pages Report]Global high throughput process development market was projected at around USD 279 million in 2019 and is expected to hit around USD 715 million by 2026, at a CAGR of 14.4% during the forecast period. This specializedandexpertise oriented industry research report scrutinizesthe technical and commercial businessoutlook of the high throughput process developmentindustry. The report analyzes and declaresthe historical and current tre ...

Published Date : 29-Dec-2020 | | Category : Technology & Media | Pages : 195 | Format : Read more

Hexanediol HDO Market By Application (Polyurethane, Plasticizers, Coatings, Polyester Resins, Acrylates, Adhesives, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026

[165+ Pages Report] Global hexanediol HDO market was projected at around USD 900 million in 2019 and is expected to reach USD 2,041 million by 2026, growing at a CAGR of 8.2% during the forecast period. This specializedandexpertise oriented industry research report scrutinizes the technical and commercial business outlook of the hexanediol HDOindustry. The report analyzes and declares the historical and current trends analysis of the hexanediol HDOindust ...

Published Date : 29-Dec-2020 | | Category : Chemical & Materials | Pages : 165 | Format : Read more

Acetyl Market By Product Type (Acetic Anhydride, Ethylene Acetate, Acetic Acid, Vinyl Acetate, and Others), By Industry Vertical (Food & Beverages, Paints & Coatings, Pharmaceutical, Oil & Gas, Furniture, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026

[175+ Pages Report]Global acetyl market was projected at USD 28 million in 2019 and is expected to reach USD 43 million by 2026, growing at a CAGR of 6%. This specializedandexpertise-oriented industry research report scrutinizes the technical and commercial business outlook of the acetyl industry. The report analyzes and declares the historical and current trends analysis of the acetyl industry and subsequently recommends the projected trends antic ...

Published Date : 28-Dec-2020 | | Category : Chemical & Materials | Pages : 175 | Format : Read more

Facts & Factors provides an array of marketing and business research solutions distinctly designed by our expertise for the clients.
Copyright © 2021 Facts & Factors. All Rights Reserved. Sitemap - Privacy Policy - Terms & Conditions