Market Research Logo

Global Fuel Dispenser Market 2017-2021

Global Fuel Dispenser Market 2017-2021

About Fuel Dispensers

The global fuel dispenser market has been witnessing substantial growth in recent years, mainly due to the growth of the automotive industry in various regions. The growing per capita disposable incomes of consumers has also had a positive impact on the overall demand for fuel, as the fuel consumption rate has increased. Many consumers are buying multiple cars, which is leading to the increased consumption of fuel. In many developing nations, there are very few fuel stations and to meet the increasing demand for fuel, new fuel stations are being set up. This has led to the increased demand for fuel dispensers in developing regions. Additionally, the demand for green fuels, like CNG, LNG, and other environment-friendly fuels, is increasing. This has led to an increase in the setting up of CNG, LNG, and other types of fuel stations.

Technavio’s analysts forecast the global fuel dispenser market to grow at a CAGR of 5.36% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global fuel dispenser market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of fuel dispensers.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Fuel Dispenser Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Gilbarco
  • Censtar Science & Technology
  • Dover
Other prominent vendors
  • Beijing Sanki Petroleum
  • Bennett Pump
  • Chengdu Huaqi Houpu Holding
  • DEM G. SPYRIDES
  • Scheidt & Bachmann
  • Tatsuno
  • Zhejiang Datian machine
Market driver
  • Increase in number of gas stations
  • For a full, detailed list, view our report
Market challenge
  • Decline in number of fuel stations
  • For a full, detailed list, view our report
Market trend
  • Updated pumps with EMV technology
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Fuel Dispenser Market 2017-2021

Technavio recognizes the following companies as the key players in the global fuel dispenser market: Gilbarco, Censtar Science & Technology, and Dover

Other Prominent Vendors in the market are: Beijing Sanki Petroleum, Bennett Pump, Chengdu Huaqi Houpu Holding, DEM G. SPYRIDES, Scheidt & Bachmann, Tatsuno, and Zhejiang Datian machine

Commenting on the report, an analyst from Technavio’s team said: “Manufacturers are introducing many advanced fuel dispensers in the market, which are replacing old fuel dispensers. New fuel dispensers have interactive video screen, scanner, customer identification keypad, bar coding, and magnetic card terminal. By using magnetic card terminals that are installed, the staff of the fuel station need not carry credit/debit card machines. Some fuel dispensers have the facility to identify and record the details of customers. Since each customer is given unique identification number (UIN), they can keep track of their transactions. Some fuel dispensers also have interactive video screens. Customers can entertain themselves while filling fuel with the help of the interactive video screen installed on the fuel dispensers. Manufacturers are also introducing customized fuel dispensers according to the requirements of the retailers. Thus, many fuel station owners are replacing old fuel dispensers due to the advantages of new advanced fuel dispensers that are available in the market.”

According to the report, the increasing disposable income in various regions has led to an increase in the manufacturing of cars, trucks, and other vehicles globally. In Asia, the purchase of new vehicles increased by 21% in 2015 compared with 2014. In China, the purchase volumes of new vehicles increased by 32%. In Western Europe, the volume increased by 13.96 million units in 2015 from 13.2 million units. In 2015, 17.39 million cars were sold in the US, an increase of 5.77% compared with 2014. The increase in the number of vehicles has increased the consumption of fuel. This has led to an increase in the number of fuel stations globally.

Further, the report states that the demand for EVs is increasing globally. Every month, thousands of electric cars are sold. Nearly 6,500 electric cars are sold in the US every month. Tesla, one of the major electric car manufacturers, has already taken orders for more than 370,000 of Model 3. The increasing demand for petrol and decreasing resources for oil has led many governments to encourage the sales of electric cars by providing incentives and discounts. It is also possible that many governments may forbid the sales of cars that operate on fuels by the end of 2025.

Companies Mentioned

Gilbarco, Censtar Science & Technology, Dover, Beijing Sanki Petroleum, Bennett Pump, Chengdu Huaqi Houpu Holding, DEM G. SPYRIDES, Scheidt & Bachmann, Tatsuno, and Zhejiang Datian machine.

  • Executive summary
  • Scope of the report
    • Table Standard conversion rates used in the report
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Growth of fuel dispenser market by geography 2017-2021
  • Market landscape
    • Market overview
      • Table Global fuel dispenser market by geography: An overview
    • Market size and forecast
      • Table Global fuel dispenser market 2016-2021 ($ billions)
      • Table GDP growth rate in different regions 2015
      • Table Medium-term annual real GDP growth rates 2014-2020 (%)
      • Table Fuel stations by fuel types in US 2002-2016
      • Table EV market in select countries 2011-2015 (units in thousands)
  • Market segmentation by product
    • Global fuel dispenser market by product type
      • Table Global fuel dispenser market by product type 2016 and 2021 (%)
      • Table Global fuel dispenser market by product type 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Geographical segmentation
    • Market overview
      • Table Global fuel dispenser market by geography 2016 and 2020
    • Fuel dispenser market in North America
      • Table Car sales in North America 2013-2016 (millions of units)
      • Table Travel of vehicle on all roads and streets in US 2012-2015 (miles)
      • Table Number of convenience stores selling oil in US 2015 (units)
      • Table Fuel dispenser market in North America 2016-2021 ($ billions)
      • Table Electric cars sales in North America 2011-2015 (units)
    • Fuel dispenser market in Europe
      • Table Disposable income in various countries in Europe 2012-2015 (net annual growth rate)
      • Table Number of licensed vehicles in UK and Great Britain (thousands of units)
      • Table Number of natural gas vehicles in EU28 and EFTA 2010-2015 (thousands of units)
      • Table Fuel dispenser market in Europe 2016-2021 ($ billions)
      • Table PEV volumes and annual sales in Europe 2013-2016 (units in thousands)
    • Fuel dispenser market in APAC
      • Table Fuel dispenser market in APAC 2016-2021 ($ billions)
    • Fuel dispenser market in ROW
      • Table Fuel dispenser market in ROW 2016-2021 ($ billions)
  • Market drivers
    • Increase in number of gas stations
      • Table Global car sales (millions of units)
    • Increasing inbound and outbound tourism
      • Table International tourism growth rate by region 2016 compared with 2015
    • Increased national and international transportation
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Decline in number of fuel stations
      • Table Gross margin and retail price of fuel in US January-December 2015
      • Table Decline in the number of petrol stations in Germany 1980-2016
    • Rise of EVs
    • High set up cost
      • Table Cost break up of setting up a gas station in US
      • Table Estimated operating of fuel stations in US
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Technologically advanced fuel dispensers
    • Updated pumps with EMV technology
  • Vendor landscape
    • Overview
    • Gilbarco
    • Censtar Science & Technology Corporation
    • Dover Corporation
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report