"The
Report Global Gas Station Equipment Market 2017-2021 provides
information on pricing, market analysis, shares, forecast, and
company profiles for key industry participants. -
MarketResearchReports.biz"
MarketResearchReports.biz
has announced the addition of a new market intelligence study to its
report repository. The publication is titled, “Global
Gas Station Equipment Market
2017-2021.” The study examines the growth of the market followed
over the last few years and the prospects of growth in the near
future, mainly in terms of sales. The research report details out the
causes accountable for the variations in the market and analyses them
thoroughly. The impact of certain trends has also been discussed in
the report. It further provides data on the market shares,
strategies, and products of leading companies.
Gas
station is unit or facility where fuels such as CNG, LPG, diesel,
petrol are sold to customers. Gas station equipment comprises
filters, fuel pumps, fuel tanks, and fuel dispensers. Several gas
stations also include convenience stores for people to buy beverages,
food products, and other products. According to the report, the
global gas station equipment market is expected to rise at a CAGR of
above 5% at the course of the forecast period. The primary factor
influencing the growth of the market is the substantial growth in the
travel and tourism industry worldwide. With the rise in disposable
income of people across the globe, especially in developing regions
is enabling them to have easy access to information on bus, train,
flight, hotel, and destination bookings. This has enabled middle
class people to visit new tourist destinations. This, in turn, is
expected to escalate the demand for transportation services, thus
benefitting the gas station equipment market indirectly.
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Sample Copy Of This Report @
One
of the trends which have been recently gaining traction is the growth
of the technologically advanced fuel dispensers market. The companies
in the market are focusing on introducing several different varieties
of high-end fuel dispensers with features such as magnetic card
terminal, bar coding, customer identification keypad, scanner, and
video screen. Furthermore, the introduction of customized fuel
dispensers as per the retailers’ requirements is expected to boost
the growth of the global gas station equipment market in the near
future.
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Press Release @
http://www.marketresearchreports.biz/pressrelease/3949
Based
on product, the global gas station equipment market is segmented into
filters, fuel dispensers, nozzles, meters, hose, c-store equipment,
tanks, and pumps. In 2016, the segment of pumps dominated the market
and is likely to retain a leading position by the end of the forecast
period owing to the availability of different types fuel transfer
pumps manufactured to suit different needs. Geographically, the
global gas station equipment market is expected to be dominated by
Asia Pacific owing to significant economic growth in countries such
as South Korea, China, India, and Japan. Some of the leading
companies in the market are Dover Corporation, Censtar, Gilbarco
Veeder-Root, Wayne Fueling Systems, Tatsuno, and Bennett Pump.
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