During the past five years, the industry's performance fluctuated due to turbulent economic conditions. As consumers drove their cars less frequently and made fewer trips to the gas station, falling demand for gasoline pumps led industry revenue to decline. As the economy recovers during the next five years, the industry is anticipated to grow. Consumers will drive more often and longer distances, thereby increasing their trips to the gas station. Consequently, downstream demand from gas stations for industry products is anticipated to increase, thereby facilitating revenue growth.
This industry manufactures fuel dispensers and all related equipment. A fuel dispenser system is a machine used at a gas station or other fuel filling station to pump various fuels, including gasoline, diesel, ethanol and biofuels.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.