The global fuel dispenser market was valued at $2.4 billion in 2019, and is projected to reach $3.3 billion by 2027, growing at a CAGR of 5.7% from 2020 to 2027.
Fuel dispenser is an equipment used to refuel vehicles at fueling/service stations. Various types of liquid and gaseous fuels such as petrol, diesel, CNG, biofuels, ethanol, hydrogen and others are pumped into vehicles by using fuel dispensers. Fuel in a storage tank can be pumped by using submersible or suction systems. These dispensers are used in fuel stations ranging from simple to commercial fuel. Presently, petrol and diesel are the main products of the fuel retailing industry, whereas demand for CNG, hydrogen, and other biofuels is on the rise at a significant growth rate, owing to low carbon emissions.
Rise in demand for petroleum fuels and CNG products from developing economies and rapid growth of the dual fuel or hybrid vehicle sector are expected drive growth of the fuel dispenser market during the forecast period. However, rise in awareness & stringent government regulations toward vehicle emissions, increase in demand for electric vehicles, and decrease in number of petroleum-based fuel stations anticipated to hamper the market growth. On the contrary, technological advancements and R&D toward highly efficient fuel dispenser systems are projected to create opportunities for key players operating in the market.
The global fuel dispenser market is segmented on the basis of fuel type, dispenser system, flow meter, and region. By fuel type, it is categorized into petroleum fuels, compressed fuels, biofuels, and others. On the basis of dispenser system, it is bifurcated into submersible system and suction system. On the basis of flow meter, it is segmented into mechanical and electronics. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS
? The report includes in-depth analysis of different segments and provides market estimations between 2020 and 2027.
? A comprehensive analysis of the factors that drive and restrict the growth of the global fuel dispenser market is provided.
? Porters five forces model illustrates the potency of buyers & sellers, which is estimated to assist the market players to adopt effective strategies.
? Estimations and forecast are based on factors impacting the global fuel dispenser market growth in terms of value.
? The key market players are profiled to gain an understanding of the strategies adopted by them.
? This report provides a detailed analysis of the current global fuel dispenser market trends and future estimations from 2020 to 2027, which help to identify the prevailing market opportunities.
KEY MARKET SEGMENTS
By Fuel Type
- Petroleum Fuels
- Compressed Fuels
- Biofuels
- Others
By Dispenser System
- Submersible
- Suction

By Flow Meter
- Mechanical
- Electronics
By Region
- North America
o U.S.
o Canada
o Mexico
- Europe
o Germany
o France
o UK
o Italy
o Rest of Europe
- Asia-Pacific
o China
o Japan
o India
o Australia
o Rest of Asia-Pacific
- LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA
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KEY MARKET PLAYERS
- Bennett Pump Company
- Korea EnE Co., Ltd.
- Censtar Science & Technology Corp. Ltd
- Beijing SANKI Petroleum Technology Co., Ltd
- Scheidt & Bachmann GmbH
- Dover Corporation
- Zhejiang Lanfeng Machine Co., Ltd
- Tatsuno Corporation
- Fortive Corporation
- Tominaga Mfg. Company.
Other players operating in the fuel dispenser market are Neotec, Piusi S.p.A., Lafon Technologies, XL Techniques, Gemsl, and others.