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Mobile Fuel Pumps Market: Introduction

  • Mobile fuel pump is a small transportable facility, which is used to refuel vehicles. These portable fuel stations can be moved to any desired location. Thus, they are also called mobile fuel stations.
  • These stations consume small space as compared to conventional fuel stations
  • Mobile fuel pumps have been implemented as pilot projects in certain countries and are an emerging trend in the energy sector

Key Drivers and Restraint of Mobile Fuel Pumps Market

  • Rise in demand for oil and gas due to industrialization, urbanization, and population growth is driving the demand for mobile fuel pumps
  • Mobile fuel stations are a promising alternative to conventional fuel stations, as the latter are not only more expensive, but also take more time and space to construct. Space is not a constraint for a mobile fuel station, as it can be moved either in a trailer or shipped to any desired location. Furthermore, it can be easily installed. These factors are expected to drive the mobile fuel pumps market.
  • Consumption of natural gas has been increasing in the global energy landscape. According to Royal Dutch Shell PLC, demand for natural gas is expected to reach more than 4,500 Bm^3/y by 2035, up from 3,600 Bm^3/y in 2018. This provides lucrative opportunities for the mobile fuel pumps market. However, growth in trend of electric vehicles in China and Europe is restraining the global mobile fuel pumps market.

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LNG Segment to Offer Lucrative Opportunities to Global Mobile Fuel Pumps Market

  • The global mobile fuel pumps market can be segmented in terms of fuel type, application, and region
  • Based on fuel type, the global Mobile Fuel Pumps Market can be classified into gasoline, diesel, biofuel, LNG, and others. The LNG segment is expected to expand at a rapid pace during the forecast period. LNG offers various advantages over gasoline and diesel. Thus, rise in number of natural gas-based vehicles across the globe is anticipated to boost the demand for mobile gas pumps in the near future. The biofuel segment is also expected to contribute significantly to the global mobile fuel pumps market during the forecast period.
  • Based on application, the global mobile fuel pumps market can be divided into residential & commercial, industrial, and automotive. The automotive segment dominated the global mobile fuel pumps market during the forecast period.

North America to Hold Major Share of Global Mobile Fuel Pumps Market

  • Based on region, the global mobile fuel pumps market can be classified into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa
  • North America dominated the global mobile fuel pumps market in 2018. This trend is estimated to continue during the forecast period. Increase in trend of mobile fuel pumps in the U.S. and Canada is propelling the market in the region.
  • The U.S. is the major country of the market in North America. According to the International Organization of Motor Vehicle Manufacturers, more than 17 million vehicles were sold in the U.S. in 2018.
  • The market in Asia Pacific is expected to expand at a significant pace during the forecast period. In terms of revenue, China, Japan, and Australia are major contributors to the mobile fuel pumps market in the region. Portable petrol and gas pumps are still in the nascent stage in India. Alinz Portable Petrol Pump Private Ltd has received approval from the Ministry of Petroleum and Natural Gas to manufacture these pumps. The company announced that it has tied up with the Czech Republic-based PetroCard to set up four manufacturing units in India with an investment of US$ 233 Mn (Rs. 1,600 Crore) to make machines for such pumps.
  • Recently, Qatar launched 15 portable fuel stations in and around the city of Doha. These portable fuel stations are installed at places where demand for petroleum products such as gasoline and diesel is high. These stations are mounted on skids that can be connected to trucks and transported to any location.

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Key Players Operating in Global Mobile Fuel Pumps Market

The global mobile fuel pumps market is highly concentrated, with top manufacturers accounting for approximately 40% to 45% share. Key players operating in the global mobile fuel pumps market include:

  • Neogi Technologies and Research Private Limited
  • Mobile Portable Pump
  • Krampitz Tanksystem GmbH
  • Alinz Portable Petrol Pump Private Ltd

Global Mobile Fuel Pumps Market: Research Scope

Global Mobile Fuel Pumps Market, by Fuel Type

  • Gasoline
  • Diesel
  • Biofuel
  • LNG
  • Others

Global Mobile Fuel Pumps Market, by Application

  • Residential & Commercial
  • Industrial
  • Automotive

Global Mobile Fuel Pumps Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Mobile Fuel Pumps Market

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