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The global fuel dispenser market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Fuel dispenser refers to the devices used at fuel stations to pump and monitor liquid or gaseous fuel. It is used for dispensing various fuels, such as petrol, diesel, ethanol fuel, kerosene, biofuels and natural gas, into automobiles, aircraft, storage tanks and portable containers. It consists of numerous electronic and mechanical components, including hydraulic, display meters, hoses, pumps, valves and nozzles. The rotary pump in the hydraulic section of the dispenser draws the fuel from the storage tank and a pivot valve ensures that the fuel flows smoothly through the dispenser. It also ensures that the correct amount of fuel is dispensed into the vehicle tank.
Significant growth in the automotive industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, increasing awareness among the masses regarding biofuels is providing a thrust to the market growth. Governments of both developed and developing economies are implementing favorable policies and offering subsidies to promote the utilization of hydrogen and compressed natural gas (CNG)-fueled vehicles. Additionally, various technological advancements, such as the development of electronic embedded dispensing systems, are acting as other growth-inducing factors. Equipment manufacturers are also integrating innovative artificial intelligence (AI), machine learning (ML), cloud and the Internet of Things (IoT)-based platforms to provide smart retail management solutions to consumers. Other factors, including the rising expenditure capacities of the consumers, along with extensive infrastructural developments, are anticipated to drive the market toward growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global fuel dispenser market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on fuel type, dispenser system and flow meter.
Breakup by Fuel Type:
Breakup by Dispenser System:
Breakup by Flow Meter:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Beijing SANKI Petroleum Technology Co. Ltd, Bennett Pump Company, Censtar Science & Technology Corp. Ltd, Dover Corporation, Fortive Corporation, Korea EnE Co. Ltd, Scheidt & Bachmann GmbH, Tatsuno Corporation, Tominaga Mfg. Company and Zhejiang Lanfeng Machine Co. Ltd.
|Base Year of the Analysis||2020|
|Segment Coverage||Fuel Type, Dispenser System, Flow Meter, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Beijing SANKI Petroleum Technology Co. Ltd, Bennett Pump Company, Censtar Science & Technology Corp. Ltd, Dover Corporation, Fortive Corporation, Korea EnE Co. Ltd, Scheidt & Bachmann GmbH, Tatsuno Corporation, Tominaga Mfg. Company and Zhejiang Lanfeng Machine Co. Ltd.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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