openPR Logo
Press release

Fuel Dispenser Market Projected to Cross $3.3 Billion by 2027

09-15-2021 06:43 AM CET | Energy & Environment

Press release from: Allied Market Research

Fuel Dispenser Market

Fuel Dispenser Market

Fuel dispenser system consists of two main components, electronic and mechanical. Electronic components control displays, i.e., meter reading from sensors to display fuel volume, pressure, and price of fuel delivered. Mechanical part consists of pump, valves, and electric motor that controls the fuel. These two parts works simultaneously while delivering fuel into a vehicle to deliver appropriate calculations of the fuel dispensed. Fuel dispensers are installed at various locations from rural to urban to ensure reliable pumping of fuel into vehicles, storage tanks, and containers.

Rapid urbanization and industrialization in developing economies across the globe is expected to rise the demand for fuels, which, in turn, is anticipated to drive the market growth during the forecast period. Rise in disposable income result in higher consumer spending toward vehicles, which has increased the demand for dispensing systems in regions such as Asia-Pacific, Europe, and the Middle East. However, rise in demand for CNG and hydrogen vehicles across the globe, owing to rise in awareness and stringent government regulations toward vehicle emissions is expected to restrain growth of the petroleum-based dispenser market in the coming years. On the contrary, technological advancements in fuel dispensing technologies such as introduction of artificial intelligence, machine learning, cloud, and IoT-based platforms to provide smart retail management solutions to consumers is expected to create opportunities for key players operating in the fuel dispenser market.

Download Sample PDF @

Depending on fuel type, the petroleum fuels segment held the highest market share of around 51.3% in 2019, and is expected to maintain its dominance during the forecast period. This is attributed to rise in demand for petroleum fuels such as petrol, diesel, and kerosene from the automotive and transportation industry. In addition, rise in transportation activities, owing to the emerging tourism sector from various economies across the globe is expected to propel demand for petroleum fuels, which, in turn, is projected to drive the fuel dispenser market growth from 2020 to 2027.

On the basis of dispenser system, the submersible dispenser system segment held the largest market share of 76.8% and growth rate of 5.7%, in terms of revenue in 2019, and is expected to maintain its dominance during the forecast period. This growth is attributed to rise in demand for submersible fuel dispenser systems, owing to its advantages such as fast fueling, active air elimination, safety & ease of maintenance, simple servicing, and reliability. In addition, initial maintenance and service costs of submersible systems is lower as compared to other systems, which is expected to propel growth of the market during the forecast period.

On the basis of flow meter, the electronics segment held the largest share, in terms of revenue, and is expected to grow at a CAGR of 5.8%. This is attributed to rise in demand for electronic fuel dispensers, owing to their high accuracy, reliability, and performance as compared to mechanical fuel dispensers. In addition, technological advancements in fuel dispenser technologies such as online payment, printing, digital measurement, and automated fuel dispensing systems are projected to drive growth of the electronics fuel dispenser market during forecast period.

For Enquiry @

On the basis of region, Asia-Pacific garnered a dominant share in 2019, and is anticipated to maintain this trend during the forecast period. This is attributed to large number of key players, consumers, and availability of manufacturing facilities in these countries. In addition, rise in urbanization and industrialization in countries such as China and India increases demand for fuels, which further drives growth of the fuel dispenser market during the forecast period.

The global fuel dispenser market analysis covers in-depth information of the major industry participants. The key players operating and profiled in the report include Bennett Pump Company, Korea EnE Co., Ltd., Censtar Science & Technology Corp. Ltd, Beijing SANKI Petroleum Technology Co., Ltd, Scheidt & Bachmann GmbH, Dover Corporation, Zhejiang Lanfeng Machine Co., Ltd, Tatsuno Corporation, Fortive Corporation, and Tominaga Mfg. Company.

COVID-19 impact on the market

The fuel dispenser market has witnessed steady growth in 2020, owing to the outbreak of the COVID-19 pandemic. The outbreak has negatively impacted various industries and countries across the globe. However, owing to the lockdown imposed across the globe, there is decrease in growth rate of industries such as transportation, railway, oil & gas, and energy. In Europe, economies, such as Germany, France, Spain, and Italy, are following stringent measures, such as maintaining social distance and limiting movements to prevent spread of coronavirus. Moreover, such safety measures have been witnessed across the globe, which further impacted growth of the market.

Get detailed COVID-19 impact analysis on the Market @

Contact us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
Follow us on:

About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Fuel Dispenser Market Projected to Cross $3.3 Billion by 2027 here

News-ID: 2393201 • Views: 185

More Releases from Allied Market Research

Metacycline Market Is Expected To Witness Lucrative Growth Over The Forecast Per …
According to a new report published by Allied Market Research, titled, "Metacycline Market by Therapeutics (Chronic Bronchitis, Rickettsial Infections, Pneumonia, Trench Fever, Typhus, Q Fever, Sinusitis, and Others) - Global Opportunity Analysis and Industry Forecast, 2020-2027" The report has offered an all-inclusive analysis of the global Metacycline Market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the
Medical Ultrasonic Baths Market Insights 2021: Top Impacting Factors, Growth Ana …
According to a new report published by Allied Market Research, titled, "Medical Ultrasonic Baths Market by Product (Single Functional and Multi-functional) and by End Users (Hospitals, Other Healthcare Organization, and Individual and Others) - Global Opportunity Analysis and Industry Forecast, 2020-2027" The report has offered an all-inclusive analysis of the global Medical Ultrasonic Baths Market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment
Mini LED Display Market Growing at a CAGR of 91.10% From 2020 to 2027
Allied Market Research published a report, titled, "Mini LED Display Market by Application (Automotive Display, Television, Smartphones, Notebook/Laptop, and Others) and End User (Consumer Electronics, Automotive, and Other): Global Opportunity Analysis and Industry Forecast, 2020–2027". The report provides an extensive analysis of changing market trends, competitive landscape, key segments, top investment pockets, and investment feasibility. These information, data, and statistics will prove to be valuable for leading market players, stakeholders,
Elevator and Escalator Market Size, Growth Analysis, Opportunities, Top Manufact …
Allied Market Research published a new report, titled, "Elevator and Escalator Market" The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage. As increasing construction of

All 5 Releases

More Releases for Fuel

Hydrogen as a fuel
An open road ahead for the fuel cell: The first high-precision mass flow meter for hydrogen filling stations certified to international standard OIML R 139 2018 On the road to climate-friendlier mobility, hydrogen is gaining importance as an energy source for fuel cells. However, fueling of hydrogen is more complex than fueling of gasoline and diesel. Unlike other gases, hydrogen heats up as it expands, causing pressure and temperature changes during
Fuel Cell Vehicle Market
The report aims to provide an overview of the global Fuel Cell Vehicle Market with detailed market segmentation by technology, vehicle type, and geography. The global fuel cell vehicle market is expected to witness high growth during the forecast period. The fuel cell vehicle market report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market. Get Sample Copy of
Fuel Card Market 2022
Fuel cards also known as fleet cards are being used to make payments for fuels, maintenance and repair of vehicles. These cards are mostly used by businesses managing fleet of vehicles. Fuel card market is witnessing lot of partnerships as many fuel companies are offering their own branded fuel cards. Fuel card issuers are also focusing on telematics, enabling the fleets to save on fuel. Wireless fueling is an emerging
Fuel Cell Interconnectors Market By Product Type Ceramic based, Metal based; By …
Global Fuel Cell Interconnectors Market Introduction A fuel cell is a battery that generates electricity through an electrochemical reaction where the fuel cell interconnector is a layer made up of either ceramic or metallic material, which combines the electricity generated by each individual cell. Fuel cell interconnectors are placed between each individual cell to connect the cells in the series. Ceramic fuel cell interconnectors are more suitable for high-temperature working conditions
Global Fuel Catalysts Market 2017- Rentar, FUEL CAT, Organica Biotech
Apex Market Reports, recently published a detailed market research study focused on the "Fuel Catalysts Market" across the global, regional and country level. The report provides 360° analysis of "Fuel Catalysts Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Fuel Catalysts industry, and estimates the future trend of Fuel Catalysts market
Fuel Cards in Portugal 2016
"Fuel Cards in Portugal 2016" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect. Description- ** Summary Fuel Cards in Portugal 2016 is invaluable for issuers of fleet cards, fuel retailers, fleet leasing companies and other suppliers to the sector. Based on research with issuers and fuel retailers it provides commercial (B2B) fuel card volume (split by fleet and CRT), value and market share forecasts to