Press release
Fuel Dispenser Market Outlook - Estimated Market Size And Growth Rate 2023-2032
Fuel Dispenser
The Business Research Company's Fuel Dispenser Global Market Report 2023 identifies rising demand for fuelas the major driver for the Fuel Dispenser market's growth in the forecast period. Fuel refers to any material substance that can be used to generate heat or power. Fuel dispensers are employed to pump liquid fuels into a vehicle, aircraft, storage tank, or portable container, such as gasoline, diesel fuel, oil, or kerosene.
The global fuel dispenser market size is expected to grow from $2.41 billion in 2022 to $2.54 billion in 2023 at a compound annual growth rate (CAGR) of 5.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global fuel dispenser market size is expected to grow to $3.07 billion in 2027 at a CAGR of 4.8%.
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Major competitors in the Fuel Dispenser market are Dover Fueling Solutions, CenStar Energy Corporation, Zhejiang Lanfeng Machine Co. Ltd., Neotec Ltd., Korea EnE Co.
A key trend in the Fuel Dispenser market includes new technologies. Major companies operating in the fuel dispenser market are focused on innovative new technologies to sustain their position in the market. For instance, in June 2022, Dover Fueling Solutions (DFS), a US-based developer of fuel dispensing equipment, launched the ProGauge MagLink LX Plus, a next-generation automatic tank gauge (ATG) console. MagLink LX Plus offers a number of significant upgrades, including clever touch and swipe technology, which gives the user an immersive and interactive experience.
Read More On The Global Fuel Dispenser Market Report Here:
https://www.thebusinessresearchcompany.com/report/fuel-dispenser-global-market-report
The Fuel Dispenser market is segmented -
• By Type: Suction System, Submersible System
• By Flow Meter Type: Mechanical, Electronic
• By Application Type: Petrol, Diesel, Biofuel, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Fuel Dispenser market.
The Business Research Company's "Global Fuel Dispenser Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Fuel Dispenser Market Include:
1. Executive Summary
2. Fuel Dispenser Market Characteristics
3. Fuel Dispenser Market Trends And Strategies
4. Fuel Dispenser Market - Macro Economic Scenario
5. Fuel Dispenser Market Size And Growth
……
26. Africa Fuel Dispenser Market
27. Fuel Dispenser Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Fuel Dispenser Market
29. Fuel Dispenser Market Future Outlook and Potential Analysis
30. Appendix
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