DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Asia Pacific Fuel Dispenser Market Analysis By Technology (Submersible, Suction), By Application (Petrol/Gasoline, Diesel and CNG) And Segment Forecast, 2013 - 2024" report to their offering.
The Asia Pacific fuel dispenser market is projected to reach USD 1.39 billion by 2024.
The demand for fuel dispenser in Asia Pacific is expected to grow significantly over the forecast period, primarily driven by the increasing demand for vehicles in the region. The developing economies in the region, including China and India, accounted for over 75% of the total market in 2015. The growing demand in China owing to the growing consumer spending capacity as well as robust automotive sales is expected to have a positive impact on the industry growth.
The constant movement of the rural population to urban areas in India is expected to create a need for infrastructural development. The growing disposable incomes of the consumers is expected to drive the demand for vehicles in the country. As a result, the demand for fueling stations and dispensing systems is expected to grow over the next eight years.
The positive gross domestic product (GDP) and steady growth in the consumer standards of living is expected to augment the demand for oil & gas and related products, which in turn is expected to aid the industry growth in Asia Pacific. The threat of new entrants is low owing to the presence of established manufacturers in the region.
- Gilbarco Inc.
- Wayne Fueling Systems LLC
- Tatsuno Corporation
- Scheidt & Bachmann
- Bennett Pump Company
- Beijing Sanki Petroleum Technology Co. Ltd.
- Korea EnE Co., Ltd.
Censtar Science & Technology Co., Ltd.
Key Topics Covered:
1. Methodology And Scope
2. Executive Summary
3. Asia Pacific Fuel Dispenser Market Variables, Trends& Scope
4. Asia Pacific Fuel Dispenser: Technology Estimates & Trend Analysis
5. Asia Pacific Fuel Dispenser: Application Estimates & Trend Analysis
6. Asia Pacific Fuel Dispenser: Country Estimates & Trend Analysis, by Product and Application
7. Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/bxb8k6/asia_pacific_fuel