Press release
Hanging Hardware for Fueling Systems Market: Increasing Vehicular Sales is one of the Primary Growth Factors for Market
Hanging hardware is used in fuel dispensers for filling vehicle tanks. It includes a hose that extends from the dispenser, terminating in a fuel delivery nozzle. Fuel retail companies are required to constantly optimize their services to ensure their profitability along with increasing their Market shares. Considering the high volatility of crude oil prices, it becomes difficult to anticipate the Market and take precautionary measures.
The increasing vehicular sales is one of the primary growth factors for the hanging hardware market for fueling systems. Emerging countries are increasingly emending for passenger and commercial cars, supported by the rising purchasing power of the consumers and significant economic growth. Brazil, Russia, India, China and, South Africa (BRIC) countries are witnessing rapid industrialization and rapid economic growth, contributing towards China accounting for major market share in the automotive market. The launch of new vehicles influences the installation of new fuel stations and hanging hardware for fueling systems.
APAC is witnessing rising consumption levels of oil and gas, influenced by the increasing development in India, China, and Japan. Government support and increasing investment by the private players is triggering the installation of CNG stations in this region. Fuel companies in India, such as BP, are increasing their investment in the Indian fuel retailing sector after the deregulation of prices.
The global Hanging Hardware for Fueling Systems market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
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The major players covered in this report
Dover Corporation
Franklin Fueling Systems
Gilbarco
Husky
IRPCO
RBM Company
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
United States
Europe
China
Japan
Southeast Asia
India
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Whiphose
Breakaway
Coaxial Hose
Nozzle
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including
Diesel and Petrol Station
Natural Gas Station
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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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