The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Rising fuel demand will promote innovation in fuel dispenser production, propelling the market during the forecast period.

The global fuel dispenser market 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 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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Global Fuel Dispenser Market Segments Include:

• By Type: Suction System, Submersible System
• By Flow Meter Type: Mechanical, Electronic
• By Application Type: Petrol, Diesel, Biofuel, Other Application
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global fuel dispenser market in 2021.

Major Market Players in the fuel dispenser market include Dover Fueling Solutions, CenStar Energy Corporation, Zhejiang Lanfeng Machine Co. Ltd., Neotec Ltd., Korea EnE Co. Ltd., Gilbarco Inc., Bennett Pump Company, Beijing Sanki Petroleum Technology Co. Ltd.

To maintain their market position, major firms in the fuel dispenser industry are focusing on revolutionary new technologies. For example, Dover Fueling Solutions (DFS), a US-based developer of fuel dispensing equipment, will release the ProGauge MagLink LX Plus, a next-generation automatic tank gauge (ATG) console, in June 2022. MagLink LX Plus includes a number of major improvements, such as innovative touch and swipe technology that provides the user with an immersive and interactive experience. DFS’ most powerful and feature-rich console to date, the MagLink LX Plus, offers greater scalability, versatility, and connectivity. It interacts seamlessly with intelligent sensors, such as those based on IntelliSense technology. Site owners now have significantly more flexibility in linking consoles to forecourt equipment, and a single user interface allows them to monitor a larger region.

The Fuel Dispenser Global Market Report 2023  provides a fuel dispenser market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The fuel dispenser market forecast analyzes fuel dispenser market size, fuel dispenser market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A fuel dispenser is a filling station dispensing system that is also known as a bowser, petrol pump or petrol pump and is designed to create suction by providing uneven pressure. It is used to inject kerosene, ethanol fuel, and other fuels into automobiles.

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