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Fuel Dispenser Market Size, Share Global Analysis Report, 2020–2026
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 Forecast 2020–2026
Industry Insights
[180+ Pages Report] According to the report published by Facts Factors, the global fuel dispenser market size was worth around USD 2,300 Million in 2019 and is predicted to grow to around USD 2,700 Million by 2026 with a compound annual growth rate (CAGR) of roughly 2.5% between 2020 and 2026. The report analyzes the global fuel dispenser market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the fuel dispenser market.
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the fuel dispenser industry. The report analyzes and declares the historical and current trends analysis of the fuel dispenser industry and subsequently recommends the projected trends anticipated to be observed in the fuel dispenser market during the upcoming years.
The fuel dispenser market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire fuel dispenser market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (K Units) and value (USD Million) from FY 2016 – 2026.
Key Insights from Primary Research
- According to the primary respondents, the global fuel dispenser market is set to grow annually at a rate of around 2.5%
- The market was valued at around USD 2,300 million, in 2019 and is projected to reach around USD 2,700 million, in 2026.
- In 2019, the “submersible systems” category dominated the type segment of the market and is anticipated to continue its dominance in the next few years as well.
- “Electronic” category of the flow meter segment is likely to grow at a significant rate in the upcoming years owing to its high stability, high accuracy, and reliability.
- Based on the application segmentation, the “petrol” category held the largest share, in 2019.
- The Asia Pacific region dominated the global fuel dispenser market, in 2019. China and India are the largest contributing countries within the region.
Key Recommendations from Analysts
- As per our analysts, the global fuel dispenser market is predicted to grow considerably throughout the forecast period. The demand for fuel dispensers is growing in the developing and developed countries owing to the increasing number of vehicles.
- The surge in the automotive industry has increased the demand for fuel dispensers.
- The Asia Pacific is the potential region for the global fuel dispenser market. The surging population and urbanization in emerging countries like China, India, Japan, and the Philippines are the major factors impacting the fuel dispenser market within the region.
- Growing at a CAGR around 2.5%, the global fuel dispenser market provides several opportunities for suppliers of raw material, producers, and distributors across the globe.
- Our analysts have identified “petrol” and “diesel” categories are the major applications of the fuel dispenser, globally.
- The major players of the fuel dispenser market are focusing on product advancements and strategic alliances to maintain its leading position in the market. For instance, Gilbarco has recently acquired Midco Ltd., manufacturer of a fuel dispenser and fuel station equipment.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the fuel dispenser industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the fuel dispenser industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the fuel dispenser market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the fuel dispenser industry. The fuel dispenser market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the fuel dispenser sector. Key strategic developments in the fuel dispenser market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the fuel dispenser market are appropriately highlighted in the report.
The rapid growth in the automotive industry is one of the key factors driving the global fuel dispenser market. In 2018, it has been observed that the automotive industry manufactured more than 96 million vehicles including two-wheelers, three-wheelers, passenger vehicles, and commercial vehicles. The growing population and urbanization are the major factors impacting the fuel dispenser market in the Asia Pacific 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.
The fuel dispenser market research report delivers an acute valuation and taxonomy of the fuel dispenser industry by practically splitting the market on the basis of different types, flow meter, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.
The regional segmentation of the fuel dispenser industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the fuel dispenser industry is provided for the leading economies of the world.
The fuel dispenser market is segmented based on Type, Flow Meter, and Application. On the basis of type segmentation, the market is classified into submersible systems and suction systems. Based on the flow meter, the market is segregated into mechanical and electronic. In terms of application segmentation, the market is bifurcated into petrol, diesel, CNG, biofuel, and others.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
( 2,300 Million) |
Projected Market Size in 2026 |
( USD 2,700 Million) |
CAGR Growth Rate |
2.5% CAGR |
Base Year |
2021 |
Forecast Years |
2022-2028 |
Key Market Players |
Gilbarco, Wayne Fueling Systems LLC, Tokhein Group, Tatsuno Corp., Scheidt& Bachmann GmbH, Tominaga Mfg, Neotec, Bennett Pump, Piusi S.p.A., and Beijing Sanki Petroleum Technology Co. Ltd., among others. |
Key Segment |
By Type, Flow Meter, Applications, and By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Some of the essential players operating in the fuel dispenser market, but not restricted to include
- Gilbarco
- Wayne Fueling Systems LLC
- Tokhein Group
- Tatsuno Corp.
- Scheidt& Bachmann GmbH
- Tominaga Mfg
- Neotec
- Bennett Pump
- Piusi S.p.A.
- Beijing Sanki Petroleum Technology Co. Ltd.
- among others
The taxonomy of the fuel dispenser market by its scope and segmentation is as follows:
By Type Segmentation Analysis
- Submersible Systems
- Suction Systems
By Flow Meter Segmentation Analysis
- Mechanical
- Electronic
By Application Segmentation Analysis
- Petrol
- Diesel
- CNG
- Biofuel
- Others
By 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
Table of Content
Industry Major Market Players
- Gilbarco
- Wayne Fueling Systems LLC
- Tokhein Group
- Tatsuno Corp.
- Scheidt& Bachmann GmbH
- Tominaga Mfg
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