The global market for fuel dispensers is defined on the basis of the rivalry between Wayne Fueling Systems LLC, Tokheim Group S.A.S, Zhejiang Lanfeng Machine Co. Ltd., and Gilbarco Inc., states a new study by Transparency Market Research (TMR). In 2015, these companies, together, held a share of more than 58% in the overall market.
The local manufacturers of fuel dispensers with integrated operations have competitive advantages, thanks to the easy access to low-cost raw ... Read more
The increasing urbanization across the world has been the motive power for the significant growth of the global fuel dispenser market over the past few years. The rising need for various types of fuels, such as petrol, diesel, and CNG, thanks to the growing demand for vehicles, fueled by the rising disposable income of consumers and the change in their living standard, acts as another important growth driver for this market. Over the coming ... Read more
