What is Oil Dispenser Market Scope?
The oil dispenser works as the means for easy accessibility to different types of oil and used at other places to transfer the oil from one container or tank, or vehicle to different. The oil dispenser ensures an appropriate amount of oil is pumped into the tank or container. The oil dispenser is made up of diverse materials like glass, metal, and plastic. The significance of the oil dispenser is improving the efficiency of oil, preventing the cross-contamination of oil, preventing wastage of oil, and not requiring a separate space to store the oil for a certain period until made arrangements.
The Oil Dispenser market study is being classified by Type (Submersible Oil Dispenser and Suction Oil Dispenser), by Application (Food & Beverage, Automobile Industry, Petroleum Industry and Others) and major geographies with country level break-up.
Bennett Pump Company (United States), Dover Corporation (United States), Gilbarco Veeder-Root (United States), Piusi S.p.A. (Italy), Wayne Fueling Systems LLC (United States), Tominaga MFG CO. (Japan), Beijing Sanki Petroleum Technology Co. LTD (China), Tatsuno Corporation (Japan), Zhejiang Lanfeng Machine Co. Ltd. (China) and Femora (India) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Signoraware (India).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Oil Dispenser market by Type, Application and Region.
On the basis of geography, the market of Oil Dispenser has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
In 2018, Gilbarco Veeder-Root had acquired the assets of Midco Limited that designs and manufactures fuel dispensers and related fueling station equipment. Midco has a demonstrated track record of fit-for-purpose engineering products and quality service across India. The acquisition signals Gilbarco’s commitment to expanding its footprint in this key market.
In 2020, Dover fuelling solutions, partnered up with Shell to develop and roll out self-checkout kiosks across several Shell fuel stations to reduce queues and improve the customer experience.
Influencing Market Trend
- Increasing Adoption of Dual-fuel or Multi-fuel Vehicles
Market Drivers
- Growing Demand of Oil Dispenser from Industrial and Household Sector
- Rise in Oil Exploration Activities across the Globe
- Increasing Trade Crude Oil across the Nations
Opportunities
- Growing Automobile, and FMCG Industry Coupled with the Increasing Need of Oil on a Frequent Basis
Restraints
- Increasing Awareness for Adopting Electric Vehicles
Challenges
- Fluctuation in the Raw Material Prices
Key Target Audience
Oil Dispenser Manufacturers, Raw Material Suppliers, Traders/Exporters/Importers, Distributors, and Suppliers, End-use Industries and Others
Customization available in this Study:
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