Fuel Dispenser Market
Fuel Dispenser Market Size, Share & Trends Analysis Report by Fuel Type (Petrol/ Gasoline, Diesel, Compressed Natural Gas (CNG), Biofuel, and Others), by Dispenser System (Submersible System and Suction System), and by Flow Meter (Mechanical and Electronic) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
Fuel dispenser market is anticipated to grow at a considerable CAGR of 4.5% during the forecast period. Fuel dispensers are largely used to offer easy access to different kinds of fuels, including diesel, liquefied petroleum gas (LPG), diesel, and compressed hydrogen. In addition to being used at filling stations, fuel dispensers are also used at other locations such as ranches and farms, or airports. The increasing number of national and international transportation activities coupled up with the rapid growth of the automotive industry is expected to boost the usage of fuel dispenser systems. As per the data of Organisation Internationale des Constructeurs d'Automobiles (OICA), all types of vehicle sales reached 44,401,850 units from January-June 2021, globally, which is more than 29% of sales compared to January-June 2020. Additionally, the increasing acceptance of dual-fuel or multi-fuel vehicles is creating several growth opportunities for the global fuel dispensers market. For instance, according to the Director of the National Iranian Oil Refining and Distribution Co. (NIORDC)"s CNG programs, around 132,000 public transport vehicles are going to become dual-fueled across the country by end of 2022.
Segmental Outlook
The global fuel dispenser market is segmented based on its fuel type, dispenser system, and flow meter. Based on its fuel type, the market is segmented into petrol/ gasoline, diesel, CNG, biofuel, and others. Based on the dispenser system, the market is categorized into the submersible system and suction system. Further, based on the flow meter, the market is segmented into mechanical and electronic Among the fuel type segment, the petrol/ gasoline segment is anticipated to hold a prominent market share due to the growing energy demand from industrial and commercial applications.
Among the fuel type, the CNG sub-segment is expected to witness the fastest growth owing to the growing environmental concerns and favorable government initiatives to achieve carbon-free emissions. Governments of developed and developing countries are implementing favorable policies and proposing subsidies to promote the utilization of compressed natural gas (CNG)-fueled vehicles, which would hold significant growth opportunities for the market. for instance, In 2017, Volkswagen Group, operators of CNG filling stations signed a joint declaration of intent, committing themselves to the extension of CNG mobility. The initiative aims to expedite the extension of the CNG filling station network in Germany to increase it from 900 locations to 2,000 by 2025. This approach is in line with the alternative fuel strategy of the European Union and the announcements made by the Federal Government in its climate protection plan 2050.
Regional Outlooks
The global fuel dispenser market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the Asia-Pacific regional market is expected to cater to prominent growth over the forecast period. However, North America is anticipated to experience considerable growth in the fuel dispenser market.
Global Fuel Dispenser Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to Hold a Prominent Share in the Global Fuel Dispenser Market
The Asia-Pacific region is expected to hold a prominent share of the global fuel dispenser market owing to the increasing growth of the automotive industry in developing economies such as China, India, and Japan. The rapidly growing automotive industry in this region is expected to rise demand for fuels, which, in turn, is expected to propel the growth of the fuel dispenser market. According to the OICA, around 44.3 million vehicles were produced in the Asia-Pacific region in 2020, which is around 57.0% of global vehicle production. Moreover, the setup of new fuel pumps across India is further likely to add to the growth of the Asia-Pacific fuel dispenser market share. For instance, in 2019, the Indian Oil Corporation (IOC) announced that it has invited entrepreneurs for setting up about 27,000 fuel stations pan India.
Market Players Outlook
The major companies serving the global Fuel Dispenser market include Beijing SANKI Petroleum Technology Co., Ltd (SANKI Industry Group), Dover Fueling Solutions, Gilbarco Veeder-Root Ltd, Piusi S.p.A., SCHEIDT & BACHMANN TUBS d.o.o., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in May 2022, Dover Fueling Solutions, a part of Dover Corp. announced the launch of several fuel dispenser models in the Tokheim Quantium fuel dispenser series. Available for both conventional and alternative fuels in multiple configurations, these dispensers fall under the new Tokheim Quantium ML fuel dispenser and the Tokheim Quantium FS fuel dispenser ranges.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Fuel Dispenser market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segmentation
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendation
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Development
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Fuel Dispenser Market by Fuel Type
4.1.1. Petrol/ Gasoline
4.1.2. Diesel
4.1.3. Compressed Natural Gas (CNG)
4.1.4. Biofuel
4.1.5. Others
4.2. Global Fuel Dispenser Market by Dispenser System
4.2.1. Submersible System
4.2.2. Suction System
4.3. Global Fuel Dispenser Market by Flow Meter
4.3.1. Mechanical
4.3.2. Electronic
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Beijing SANKI Petroleum Technology Co., Ltd. (SANKI Industry Group)
6.2. Bennett Pump Co.
6.3. Censtar Science & Technology Corp., Ltd.
6.4. Dover Fueling Solutions
6.5. Europump
6.6. Gilbarco Veeder-Root Ltd.
6.7. KoreaEnE Co, Ltd.
6.8. Lanfeng Technology Inc.
6.9. Piusi S.p.A.
6.10. SCHEIDT & BACHMANN TUBS d.o.o.
6.11. Spyrides SA (NEOTEC)
6.12. Tatsuno Corp.
6.13. Tominaga Co.
1. GLOBAL FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY FUEL TYPE, 2021-2028 ($ MILLION)
2. GLOBAL PETROL/GASOLINE FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL DIESEL FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL CNG FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL BIOFUEL FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL OTHERS FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY DISPENSER SYSTEM, 2021-2028 ($ MILLION)
8. GLOBAL SUBMERSIBLE FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL SUCTION FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY FLOW METER, 2021-2028 ($ MILLION)
11. GLOBAL FUEL DISPENSER WITH MECHANICAL METER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL FUEL DISPENSER WITH ELECTRONIC METER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. NORTH AMERICAN FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
15. NORTH AMERICAN FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY FUEL TYPE, 2021-2028 ($ MILLION)
16. NORTH AMERICAN FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY DISPENSER SYSTEM, 2021-2028 ($ MILLION)
17. NORTH AMERICAN FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY FLOW METER, 2021-2028 ($ MILLION)
18. EUROPEAN FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
19. EUROPEAN FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY FUEL TYPE, 2021-2028 ($ MILLION)
20. EUROPEAN FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY DISPENSER SYSTEM, 2021-2028 ($ MILLION)
21. EUROPEAN FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY FLOW METER, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY FUEL TYPE, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY DISPENSER SYSTEM, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY FLOW METER, 2021-2028 ($ MILLION)
26. REST OF THE WORLD FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
27. REST OF THE WORLD FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY FUEL TYPE, 2021-2028 ($ MILLION)
28. REST OF THE WORLD FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY DISPENSER SYSTEM, 2021-2028 ($ MILLION)
29. REST OF THE WORLD FUEL DISPENSER MARKET RESEARCH AND ANALYSIS BY FLOW METER, 2021-2028 ($ MILLION)
1. GLOBAL FUEL DISPENSER MARKET SHARE BY FUEL TYPE, 2021 VS 2028 (%)
2. GLOBAL PETROL/GASOLINE FUEL DISPENSER MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL DIESEL FUEL DISPENSER MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL CNG FUEL DISPENSER MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL BIOFUEL FUEL DISPENSER MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL OTHERS FUEL DISPENSER MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL FUEL DISPENSER MARKET SHARE BY DISPENSER SYSTEM, 2021 VS 2028 (%)
8. GLOBAL SUBMERSIBLE FUEL DISPENSER MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL SUCTION FUEL DISPENSER MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL FUEL DISPENSER MARKET SHARE BY FLOW METER, 2021 VS 2028 (%)
11. GLOBAL FUEL DISPENSER WITH MECHANICAL METER MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL FUEL DISPENSER WITH ELECTRONIC METER MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL FUEL DISPENSER MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. US FUEL DISPENSER MARKET SIZE, 2021-2028 ($ MILLION)
15. CANADA FUEL DISPENSER MARKET SIZE, 2021-2028 ($ MILLION)
16. UK FUEL DISPENSER MARKET SIZE, 2021-2028 ($ MILLION)
17. FRANCE FUEL DISPENSER MARKET SIZE, 2021-2028 ($ MILLION)
18. GERMANY FUEL DISPENSER MARKET SIZE, 2021-2028 ($ MILLION)
19. ITALY FUEL DISPENSER MARKET SIZE, 2021-2028 ($ MILLION)
20. SPAIN FUEL DISPENSER MARKET SIZE, 2021-2028 ($ MILLION)
21. REST OF EUROPE FUEL DISPENSER MARKET SIZE, 2021-2028 ($ MILLION)
22. INDIA FUEL DISPENSER MARKET SIZE, 2021-2028 ($ MILLION)
23. CHINA FUEL DISPENSER MARKET SIZE, 2021-2028 ($ MILLION)
24. JAPAN FUEL DISPENSER MARKET SIZE, 2021-2028 ($ MILLION)
25. SOUTH KOREA FUEL DISPENSER MARKET SIZE, 2021-2028 ($ MILLION)
26. REST OF ASIA-PACIFIC FUEL DISPENSER MARKET SIZE, 2021-2028 ($ MILLION)
27. REST OF THE WORLD FUEL DISPENSER MARKET SIZE, 2021-2028 ($ MILLION)
