The fuel dispenser market is anticipated to grow at a considerable CAGR of 4.5% during the forecast period. Digital innovations in the fuel retailing industry and gas station to offer service delivery excellence is likely to drive the growth of the fuel dispenser market during the forecast period. Key players in the market are inclined towards deploying cloud platforms, mobile platforms, and analytics in the fuel dispenser market to offer increased customer experience. For instance, in May 2022, Dover Fueling Solutions, a part of Dover Corp., launched several new fuel dispenser models in the Wayne Helix and Wayne Century fuel dispenser series. The new launches include the Wayne Helix 6000 II fuel dispenser models and Wayne Century 3 fuel dispenser models with configurations available for both conventional and alternative fuels. The DFS DX connected solutions platform integrates with Helix 6000 II fuel dispenser and allows for advanced monitoring and remote management capabilities via the cloud. Hence, technologically advanced dispensers are set to drive market growth during the projected time frame.
In addition, as automated fueling technology continues to gain popularity globally, especially in India, fuel dispenser manufacturers are expected to primarily focus on rolling out innovative solutions in line with industrial trends. For instance, in 2021, Bharat Petroleum Corporation Limited (BPCL) announced the launch of “UFill” – an automated fueling technology for customers. The UFill proposition has been launched in 65 cities across India and will soon be launched across the country.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Fuel Type
- By Dispenser System
- By Flow Meter
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape – Beijing SANKI Petroleum Technology Co., Ltd (SANKI Industry Group), Dover Fueling Solutions, Gilbarco Veeder-Root Ltd, Piusi S.p.A., SCHEIDT & BACHMANN TUBS d.o.o., and others.
Fuel Dispenser Market Report Segment
By Fuel Type
- Petrol/Gasoline
- Diesel
- CNG
- Biofuel
- Others
By Dispenser System
- Submersible System
- Suction System
By Flow Meter
- Mechanical
- Electronic
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Fuel Dispenser Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Beijing SANKI Petroleum Technology Co., Ltd. (SANKI Industry Group)
- Bennett Pump Co.
- Censtar Science & Technology Corp., Ltd.
- Dover Fueling Solutions
- Europump
- Gilbarco Veeder-Root Ltd.
- KoreaEnE Co, Ltd.
- Lanfeng Technology Inc.
- Piusi S.p.A.
- SCHEIDT & BACHMANN TUBS d.o.o.
- Spyrides SA (NEOTEC)
- Tatsuno Corp.
- Tominaga Co.
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