The mobile gas pumping system market continues to be influenced by macro and micro trends that are sweeping the oil and gas industry. The shift to e-commerce platforms has been quite palpable in the mobile gas pumping system market. Mobile gas pumping system manufacturers are aiming to boost their businesses by leveraging the increasing popularity of the ‘order it online’ trend. Leading manufacturers in the mobile gas pumping system market are revolutionizing the concept of gas stations by integrating advanced software technologies with fuel delivery services. The mobile gas pumping system market is gaining traction with the market players addressing the most common and basic need of modern consumers – convenience. Mobile gas pumping systems help consumers to save their time and money by cutting out time and fuel spend on travelling to the gas station and standing in the queue, which is the primary driving engine for the growth of the mobile gas pumping system market.
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Leading stakeholders in the mobile gas pumping system market are adopting powerful marketing strategies by stressing on how mobile gas pumping systems can reduce the collective carbon footprint by eliminating the need for consumers to drive down to a gas station each time their vehicles need to be fueled. Furthermore, stakeholders in the mobile gas pumping system market are finding ways to deliver fuel at competitive prices to gain attention from more consumers. To capitalize on lucrative business opportunities in the mobile gas pumping system market, leading cab service provides worldwide are entering the market. With the growing demand for mobile gas pumping system due to the convenience these services offer and rising number of new entrants, the mobile gas pumping system market is likely to become highly competitive in the upcoming years.
Mobile Gas Pumping System Market: Overview
Mobile filling stations is used for refueling of cars, trucks, diesel locomotives, construction or mining machinery as well as for yachts and boats. The mobile gas pumping system is beneficial where fuel station is very far from rural area. Mobile gas pumping system having a fuel filled tanker attached to a vehicle or truck used to supply the fuel to the consumer. Since the past few years, petrol auto rickshaws, petrol bicycles and petrol vans have been using two modular cylinders for providing fuel. However, growing advancements in fuel filling technology have changed the overall fuel filling system. The aviation sector too incorporates a proficient use of this system where regular fuel overhaul/filling is required per trip for an aircraft during takeoff/ landing. Mobile gas pumping systems generally consist of vehicle chassis, tank, pump, and meter and filter unit. Due to safety considerations, the tank should be placed between pump and metering unit & nozzle. However, these days, the metering unit & nozzle & display are placed together with the pump on the chassis of the truck. Furthermore, if a vehicle on road is in urgent need of fuel, the driver can make a phone call easily to fuel mobile units, which will come and fill the vehicle fuel tank. Additionally, manufacturers are installing pumps near the middle or close to the truck engine to enhance fuel economy. Key manufacturers are investing hefty money for innovating double layer anti corrosive materials, which could be easily integrated with existing pump and fuel systems with minimum tool cost.
Mobile Gas Pumping System Market: Dynamics
In future, it is anticipated that the global mobile gas pumping system market will grow with healthy CAGR over the stipulated time period. Rising demand for various types of fuels, such as petrol, diesel and CNG, for vehicles owing to increased vehicle fleet and traffic is pivotal factor expected to drive the market during the forecast period. Moreover, most of the rural areas have restricted access to fuel and there are a lot of farm equipment which need fuel to operate which is also anticipated to drive the global gas pumping system market over the forecast period. Additionally demand from aviation sector is also considered to drive the global mobile gas pumping gas system market significantly over the forecast period. The marine sector in the forthcoming period is expected to provide growth opportunities for mobile gas pumping system market.
Stringent government rules pertaining to design and capacity of vehicle as well as hurdles in designing of dispensing nozzles are the two factors anticipated to hinder market growth during the forecast period. Furthermore, for operating mobile fuel gas vehicle, skilled people are required who can fill fuel without wasting it. Shortage of skilled laborers is another factor expected to hamper the market during the forecast periods. Factors, such as gross vehicle weight rating (GVWR) or gross trailer weight rating (GTWR), related to fabrication of truck may also hinder the market during the forecast period.
Automatic payment by card is projected to create a revolution in fuel filling systems and open new gateways for the mobile gas pumping system market in future. Key manufacturers are using aluminum for the manufacturing of nozzles owing to its non-corrosive and light weight properties. The utilization of new and upgraded technologies to entice recognized buyers into long-term partnerships is anticipated to be the key trend surveyed by the companies in the global mobile gas pumping system market.
Mobile Gas Pumping System Market: Segmentation
The global mobile gas pumping system market can be segmented on the basis of fuel type, tank vehicle type and end user.
The global gas pumping system market can be segmented on the basis of fuel type into:
- Compressed Hydrogen
- Other type of fuel
On the basis of tank vehicles, the global gas pumping system market can be segmented into:
- Open tank vehicles
- Enclosed tank vehicles
- Semi-enclosed tank vehicles
- Small airplane
The global mobile gas pumping system market can be segmented on the basis of end user into:
- Oil & gas Industry
- Construction Industry
- Transportation sectors
- Shipping industry
Mobile Gas Pumping System Market: Regional Outlook
It is expected that Asia Pacific will dominate the mobile gas pumping system market owing to increasing number of vehicles along with growing technical advancements in vehicles used in the agriculture industry, such as tractors. North America is expected to grow at a rapid pace owing to increasing manufacturing of mowers, power equipment and low & medium HP tractors in this region. Moreover, Europe and MEA are projected to grow with significant growth rate in this market. It is expected that in the next few years, owing to increasing number of vehicles in this region, Europe may give stiff competition to both Asia pacific and North America.
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Mobile Gas Pumping System Market: Key Participants
Some of the key participants identified across the value chain of the mobile gas pumping system market are:
- ENCE GmbH
- Goma Engineering Pvt. Ltd.
- Oman Oil Company
- Oxywise s.r.o.
- Bohlen & Doyen GmbH
- Air Products and Chemicals, Inc.
- Keller Group plc.
- Mobile Fuel Systems
- Airgas, Inc.
- Gascom Industrial Equipment
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.