Global Fuel Dispenser Market By Product Type (General Fuel Dispenser and Self-Service Fuel Dispenser), By Fuel (Petrol, CNG, Diesel, Others), By Flow Meter (Electronic and Mechanical), and By Dispenser System (Suction Systems and Submersible Systems), Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2019-2026

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Global Fuel Dispenser market is estimated to reach $2.93 Billion by 2026; growing at a CAGR of 5.67% from 2019 to 2026.
  • Market Definition

    Global Fuel Dispenser market is estimated to reach $2.93 Billion by 2026; growing at a CAGR of 5.67% from 2019 to 2026.

    A fuel dispenser is equipment that draws liquid or gaseous fuels from an underground storage tank. A fuel dispenser is installed at a filling station and is used to pump petrol, diesel, gasoline, CNG, kerosene and other forms of fuels into vehicles, aircraft, or portable containers. They are not only used to pump fuel from the tanks but also monitor the quantity of fuel-driven at that time. In addition, these dispensers draw the exact amount of fuel that is required, which eventually saves the conventional source of energy. New advancements in technology in the fuel dispensers allow them to fill three to four vehicles and other automotive at a time.

    Market Determinants

    The global fuel dispenser market is primarily driven by the rising number of vehicles base globally and an increase in the number of gas stations. For instance, according to the Indian Brand Equity Foundation (IBEF), the Indian auto industry sales increased by 9.5% year-on-year to 4.02 million units (excluding two-wheelers) in 2017. This huge base of vehicles will require a massive amount of fuel dispensers that will fulfill the demand of fuel required in vehicles daily. In addition, robust demand from natural gas vehicles is the factor that is likely to give a significant push for market growth. According to the NGV Global Knowledgebase, in July 2019, there were 27,765,376 natural gas vehicles active globally and about 32,577 natural gas fueling stations to make them run.

    However, the increasing trend of electric vehicles is the major drawback of market growth. In the year 2018, the global electric car sales rose to 1.98 million USD. This sales increased by 68% in the year 2018. Then again, high capital investment, high installation, and maintenance cost is also expected to restrain the market from growing. Moreover, rising government initiatives for building natural gas dispensers is expected to be a global fuel dispenser market trend. For instance, according to the International Trade Administration (ITA), natural gas infrastructure will be an area of opportunity for the next several years particularly in India, as the country constructs new LNG terminals. These terminals are expected to expand the pipelines across the nation and build out city gas distribution to include piped city gas for compressed natural gas dispensers for transportation. Further, manufacturers focusing on producing more advanced fuel dispensers with innovative technologies would provide lucrative opportunities for the market in coming years.

    Market Segmentation

    The global fuel dispenser market is mainly classified based on product type, fuel, flow meter, and dispenser system. Based on product type segment, the market is categorized into general and self-service. In this case, general fuel dispensers are on the lead owing to their widespread usage across the world. They are the conventional type of dispensors used at gas stations. However, developed countries have a trend to follow the self-service fuel dispensers that also makes them to grow with a profitable margin.

    Fuel is further segmented into petrol, CNG, diesel, and others. Among the fuel segment, petrol accounted for the majority of the share in the year 2018 and is expected to continue its trend throughout the forecast period. The high growth in the segment is attributed as there is huge base of vehicles running on petrol globally. Moreover, growing automotive industry in the emerging economies such as India, China, Sri Lanka, and Bangladesh are also driving the petrol market growth. By flow meter, the market is divided into electronic and mechanical. Electronic flow meter will immensely contribute to the market owing to its high accuracy, high stability and are more reliable system as compared to the mechanical flow meters.

    On the basis of dispenser system, the market is further categorized into suction systems and submersible systems. In 2018, it was witnessed that the submersible systems segment has captured the majority of the share and is likely to do so in the coming years. The market for it is growing as they are convenient to use in filling stations where multiple fuel points are available. Moreover, owing to their low installation & maintenance cost, the demand for this technology is growing significantly.

    Regional Analysis

    Based on geography, the global fuel dispenser market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

    Among all the regions, Aisa-Pacific is anticipated to witness the highest growth throughout the forecast period from 2019 to 2026. Growing urbanization in the region that leads to high demand for passenger vehicles is the key factor driving the growth of the market. In addition, increasing need for fuel in the industrial as well as automotive industries and rising disposable income in countries such as China, Japan, India, and Singapore also propels the APAC fuel dispenser market. Moreover, China is the leading market in the region owing to the demand from automotive and transportation industry.

    Market Leaders

    Key players operating in the fuel dispenser industry include NEOTEC, Piusi S.p.A., Scheidt & Bachmann GmbH, Tatsuno Corp., Tokheim Group S.A.S, Wayne Fueling Systems LLC, Tominaga Mfg. Co., and Zhejiang Lanfeng Machine Co. Ltd, among others.

    NEOTEC, Exports Brand of Spyrides SA increased their presence in the Lebanese market, by establishing new business cooperations with key local players. In September 2019, Spyrides SA delivered the first batch of Fuel Dispensers to Arabian Petroleum Company (APEC) and second batch of fuel dispensers was delivered in November 2019.

    Fuel Dispenser Market Key Segments:

    By Product Type

    • General Fuel Dispenser
    • Self-Service Fuel Dispenser

    By Fuel

    • Petrol
    • CNG
    • Diesel
    • Others

    By Flow Meter

    • Electronic
    • Mechanical

    By Dispenser System

    • Suction Systems
    • Submersible Systems

    By Geography

    • North America
      • The U.S.
      • Canada
      • Mexico
    • Europe
      • U.K
      • Germany
      • France
      • Italy
      • Rest of Europe
    • Asia Pacific
      • India
      • China
      • Japan
      • South Korea
      • Rest of Asia Pacific
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Middle East & Africa
      • GCC Countries
      • Egypt
      • South Africa
      • Rest of Middle East & Africa
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  • Table of Content

    1. Market Introduction
    1.1. Executive Summary
    1.2. Market Definition
    1.3. Market Scope

    2. Research Methodology
    2.1. Primary Research
    2.2. Research Methodology
    2.3. Assumptions & Exclusions
    2.4. Secondary data sources

    3. Fuel Dispenser Market Overview
    3.1. Report Segmentation & Scope
    3.2. Key Market Trend
    3.3. Drivers
    3.3.1. Rising number of vehicles base globally
    3.3.2. Increase in the number of gas stations
    3.3.3. Robust demand from natural gas vehicles
    3.4. Restraints
    3.4.1. Increasing trend of electric vehicles
    3.4.2. High capital investment, high installation, and maintenance cost
    3.5. Opportunities
    3.5.1. Rising government initiatives for building natural gas dispensers
    3.5.2. Manufacturers focusing on producing more advanced fuel dispensers with innovative technologies
    3.6. Porter’s Five Forces Analysis
    3.6.1. Porter’s Five Forces Analysis
    3.7. Market Share Analysis

    4. Fuel Overview
    4.1. Introduction
    4.1.1. Market Size & Forecast
    4.2. General Fuel Dispenser
    4.2.1. Market Size & Forecast
    4.3. Self-Service Fuel Dispenser
    4.3.1. Market Size & Forecast

    5. Fuel Overview
    5.1. Introduction
    5.1.1. Market Size & Forecast
    5.2. Petrol
    5.2.1. Market Size & Forecast
    5.3. CNG
    5.3.1. Market Size & Forecast
    5.4. Diesel
    5.4.1. Market Size & Forecast
    5.5. Others
    5.5.1. Market Size & Forecast

    6. Flow Meter Overview
    6.1. Introduction
    6.1.1. Market Size & Forecast
    6.2. Electronic
    6.2.1. Market Size & Forecast
    6.3. Mechanical
    6.3.1. Market Size & Forecast

    7. Dispenser System Overview
    7.1. Introduction
    7.1.1. Market Size & Forecast
    7.2. Suction Systems
    7.2.1. Market Size & Forecast
    7.3. Submersible Systems
    7.3.1. Market Size & Forecast

    8. Fuel Dispenser Market Regional Overview
    8.1. Introduction
    8.1.1. Market Size & Forecast
    8.2. North America Fuel Dispenser Market
    8.2.1. North America Market Size & Forecast, By Country
    8.2.2. North America Market Size & Forecast, By Fuel
    8.2.3. North America Market Size & Forecast, By Flow Meter
    8.2.4. North America Market Size & Forecast, By Dispenser System
    8.2.5. U.S.
    8.2.5.1. Market Size and Forecast
    8.2.6. Canada
    8.2.6.1. Market Size and Forecast
    8.2.7. Mexico
    8.2.7.1. Market Size and Forecast
    8.3. Europe Fuel Dispenser Market
    8.3.1. Europe Market Size & Forecast, By Country
    8.3.2. Europe Market Size & Forecast, By Fuel
    8.3.3. Europe Market Size & Forecast, By Flow Meter
    8.3.4. Europe Market Size & Forecast, By Dispenser System
    8.3.5. Germany
    8.3.5.1. Market Size and Forecast
    8.3.6. France
    8.3.6.1. Market Size and Forecast
    8.3.7. UK
    8.3.7.1. Market Size and Forecast
    8.3.8. Italy
    8.3.8.1. Market Size and Forecast
    8.3.9. Spain
    8.3.9.1. Market Size and Forecast
    8.3.10. Rest of Europe
    8.3.10.1. Market Size and Forecast
    8.4. Asia-Pacific Fuel Dispenser Market
    8.4.1. Asia-Pacific Market Size & Forecast, By Country
    8.4.2. Asia-Pacific Market Size & Forecast, By Fuel
    8.4.3. Asia-Pacific Market Size & Forecast, By Flow Meter
    8.4.4. Asia-Pacific Market Size & Forecast, By Dispenser System
    8.4.5. Japan
    8.4.5.1. Market Size and Forecast
    8.4.6. China
    8.4.6.1. Market Size and Forecast
    8.4.7. Australia
    8.4.7.1. Market Size and Forecast
    8.4.8. India
    8.4.8.1. Market Size and Forecast
    8.4.9. South Korea
    8.4.9.1. Market Size and Forecast
    8.4.10. Rest of Asia-Pacific
    8.4.10.1. Market Size and Forecast
    8.5. South America Fuel Dispenser Market
    8.5.1. South America Market Size & Forecast, By Country
    8.5.2. South America Market Size & Forecast, By Fuel
    8.5.3. South America Market Size & Forecast, By Flow Meter
    8.5.4. South America Market Size & Forecast, By Dispenser System
    8.5.5. Brazil
    8.5.5.1. Market Size and Forecast
    8.5.6. Argentina
    8.5.6.1. Market Size and Forecast
    8.5.7. Rest of South America
    8.5.7.1. Market Size and Forecast
    8.6. Middle East & Africa Fuel Dispenser Market
    8.6.1. Middle East & Africa Market Size & Forecast, By Country
    8.6.2. Middle East & Africa Market Size & Forecast, By Fuel
    8.6.3. Middle East & Africa Market Size & Forecast, By Flow Meter
    8.6.4. Middle East & Africa Market Size & Forecast, By Dispenser System
    8.6.5. GCC Countries
    8.6.5.1. Market Size and Forecast
    8.6.6. Egypt
    8.6.6.1. Market Size and Forecast
    8.6.7. South Africa
    8.6.7.1. Market Size and Forecast
    8.6.8. Rest of Middle East & Africa
    8.6.8.1. Market Size and Forecast

    9. Company Profile
    9.1. NEOTEC
    9.1.1. Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
    9.1.2. NEOTEC Product Category, Application, and Specification
    9.1.3. NEOTEC Financial Performance (2016-2018)
    9.1.4. Main Business/Business Overview
    9.2. Piusi S.p.A.
    9.3. Scheidt & Bachmann GmbH
    9.4. Tatsuno Corp. and Tominaga Mfg. Co.
    9.5. Tokheim Group S.A.S
    9.6. Wayne Fueling Systems LLC
    9.7. Tominaga Mfg. Co.
    9.8. Zhejiang Lanfeng Machine Co. Ltd

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  • Key Global Fuel Dispenser Industry Players

    • NEOTEC
    • Piusi S.p.A.
    • Scheidt & Bachmann GmbH
    • Tatsuno Corp. and Tominaga Mfg. Co.
    • Tokheim Group S.A.S
    • Wayne Fueling Systems LLC
    • Tominaga Mfg. Co.
    • Zhejiang Lanfeng Machine Co. Ltd
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What Report Provides

  • Full in-depth analysis of the parent Industry
  • Important changes in market and its dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional growth potential

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