Global Tank Gauge Systems for Fueling Stations Market 2017-2021

  • ID: 4416624
  • Report
  • Region: Global
  • 73 pages
  • TechNavio
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FEATURED COMPANIES

  • Blue1USA
  • Dover
  • Franklin Fueling Systems
  • Husky
  • U-Fuel
  • Veeder-Root
  • MORE
About Tank Gauge Systems for Fueling Stations

Tank gauge systems for fueling stations are devices that aid in day-to-day operations by monitoring the fuel tank inventory levels, raising the alarm in case problems arise in the tank, and performing leak tests as per the environmental regulations. The use of tank gauge systems increases the efficiency of fueling stations. The device analyzes the entire operations of the fueling station and highlights all the inefficiencies.

The analysts forecast the global tank gauge systems for fueling stations market to grow at a CAGR of 2.91% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global tank gauge systems for fueling stations market for 2017-2021. To calculate the market size, the report considers the new installations.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Tank Gauge System for Fueling Stations 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Censtar Science & Technology
  • Dover
  • Franklin Fueling Systems
  • Veeder-Root
Other prominent vendors
  • Blue1USA
  • Husky
  • U-Fuel
  • Willborn
  • ZHENGZHOU WINDBELL MEASUREMENT AND CONTROL TECHNOLOGY
Market drivers
  • Increasing sales of automobiles
  • For a full, detailed list, view the full report
Market challenges
  • Fluctuations in global oil and gas prices
  • For a full, detailed list, view the full report
Market trends
  • Growing fleet of CNG vehicles
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Blue1USA
  • Dover
  • Franklin Fueling Systems
  • Husky
  • U-Fuel
  • Veeder-Root
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by end-user
  • Global tank gauge systems for fueling stations market by end-user
  • Global tank gauge systems for fueling stations market by diesel and petrol stations
  • Global tank gauge systems for fueling stations market by natural gas stations
PART 07: Geographical segmentation
  • Global tank gauge systems for fueling stations market by geography
  • Tank gauge systems for fueling stations market in APAC
  • Tank gauge systems for fueling stations market in Americas
  • Tank gauge systems for fueling stations market in EMEA
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Growing fleet of CNG vehicles
  • Increasing use of automated gauge systems
  • Solar-powered fueling stations
PART 11: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 12: Key vendor analysis
  • Censtar Science & Technology
  • Dover
  • Franklin Fueling Systems
  • Veeder-Root
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Common products and services of automatic fuel tank gauge system
Exhibit 02: Global tank gauge systems for fueling stations market 2017-2021
Exhibit 03: Global tank gauge systems for fueling stations market 2016-2021 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Global tank gauge systems for fueling stations market 2016 and 2021 (%)
Exhibit 06: Global tank gauge systems for fueling stations market by diesel and petrol stations 2016-2021 ($ millions)
Exhibit 07: Global tank gauge systems for fueling stations market by natural gas stations 2016-2021 ($ millions)
Exhibit 08: Global tank gauge systems for fueling stations market by geography 2016 and 2021 (%)
Exhibit 09: Tank gauge systems for fueling stations market in APAC 2016-2021 ($ millions)
Exhibit 10: Tank gauge systems for fueling stations market in Americas 2016-2021 ($ millions)
Exhibit 11: Tank gauge systems for fueling stations market in EMEA 2016-2021 ($ millions)
Exhibit 12: Major retail fuel price determination methods
Exhibit 13: Global liquid fuel consumption 2007-2018 (mbpd)
Exhibit 14: Consumption of petrol/diesel in India 2013-2016 (MMT)
Exhibit 15: Global automobile production 2012-2021 (millions of units)
Exhibit 16: Global crude oil price 2012-2017 ($/bbl.)
Exhibit 17: Drivers for EV market
Exhibit 18: Global new registrations of electric cars (BEVs and PHEVs) 2005-2016 (units in thousands)
Exhibit 19: Key highlights of metro rail in India
Exhibit 20: Advantages of natural gas as a vehicular fuel
Exhibit 21: Share of natural gas vehicles by region 2012 and 2016 (%)
Exhibit 22: Share of natural gas fueling stations by region 2012 and 2016 (%)
Exhibit 23: Other prominent vendors
Exhibit 24: Censtar Science & Technology: Key product offerings
Exhibit 25: Dover: Key brands
Exhibit 26: OPW Fuel Management Systems: Key product offerings
Exhibit 27: Dover: Recent developments
Exhibit 28: Franklin Fueling Systems: Fuel management system offerings
Exhibit 29: Franklin Fueling Systems: Recent developments
Exhibit 30: Veeder-Root: Key product offerings
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Blue1USA
  • Dover
  • Franklin Fueling Systems
  • Husky
  • U-Fuel
  • Veeder-Root
  • MORE
New Report Released: – Global Tank Gauge System for Fueling Stations 2017-2021

The author of the report recognizes the following companies as the key players in the global tank gauge systems for fueling stations market: Censtar Science & Technology, Dover, Franklin Fueling Systems, and Veeder-Root

Other Prominent Vendors in the market are: Blue1USA, Husky, U-Fuel, Willborn, and ZHENGZHOU WINDBELL MEASUREMENT AND CONTROL TECHNOLOGY.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Growing fleet of CNG vehicles. The rising trend of natural gas use has been driving customers toward natural gas-fueled vehicles. Though the market for EVs is on the rise, manufacturers in the automotive industry are keeping track of alternate fuels. In emerging markets such as Latin America and Asia, easy access to and availability of natural gas sources will drive the fleet of natural gas-powered vehicles. For natural gas to truly become an alternate fuel for vehicles, government investments in infrastructure development become crucial.”

According to the report, one of the major drivers for this market is Increasing sales of automobiles. The demand for passenger cars is rising in emerging economies like India, China, and Brazil due to higher purchasing power of consumers accompanied by the significant economic growth. The growth in emerging markets in step with global trade activity and ongoing industrialization, especially in the BRICS, has been encouraging. China's massive fiscal stimulus packages in recent years made it the leader in emerging markets. Over the past few years, China has maintained its position as the world's largest automotive market. The automotive market in India is dynamic in nature and is growing rapidly; therefore, many auto OEMs are entering the market to tap the enormous potential.

Further, the report states that one of the major factors hindering the growth of this market is Fluctuations in global oil and gas prices. The continued trend of low global crude oil prices has put additional pressure on upstream oil and gas companies. Oil drilling and production companies have been impacted the most as the crude oil that was once trading at $110/bbl. in June 2014, fell to nearly $26/bbl. in January 2016. Consequently, a wide range of deep and ultra-deepwater projects was put on hold due to the reduced revenues, and many of the smaller upstream companies struggled to sustain in the market. For the drilling and production of crude oil to be commercially viable, global crude oil prices need to be sufficiently high from a financial standpoint so that the firms can sustain in the market. While integrated oil companies were able to absorb some of the pressure, pure upstream companies were the most adversely affected.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Censtar Science & Technology
  • Dover
  • Franklin Fueling Systems
  • Veeder-Root
  • Blue1USA
  • Husky
  • U-Fuel
  • Willborn
  • Zhengzhou Windbell Measurement and Control Technology
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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