Market Overview:
The global fuel transfer pump market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for fuel transfer pumps in various applications such as construction, mining, agriculture, military and other applications. In terms of type, the AC fuel transfer pump segment is expected to hold a major share of the global market during the forecast period. This can be attributed to its high efficiency and easy installation.
Product Definition:
A fuel transfer pump is a device that is used to move fuel from one container to another. The importance of a fuel transfer pump is that it helps to ensure that the fuel gets where it needs to go, without any problems.
AC Fuel Transfer Pump:
The global AC fuel transfer pump market size was valued at USD 1.5 billion in 2016 and is expected to witness a CAGR of XX% over the forecast period. Increasing demand for high-pressure fueling systems from the automotive industry is one of the key trends escalating growth in this market.
Increasing environmental concerns regarding conventional fuel usage have prompted several governments across various regions to promote green fuels such as ethanol, methanol,.
DC Fuel Transfer Pump:
DC fuel transfer pump is used to transfer diesel or petrol from one container to another. It works on the principle of positive displacement and uses a centrifugal force for pumping. These pumps are mainly used in automotive applications, where they are installed in the fuel tank of automobiles.
The market is expected to grow at a significant rate owing to increasing demand for DCFTP across various end-use industries such as construction, marine.
Application Insights:
The construction application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to rising urbanization projects across developing countries, such as China, India and Brazil. These countries are focusing on infrastructure development activities, which will eventually lead to an increase in demand for fuel transfer systems during construction activities.
The agriculture application segment was valued at USD 636.1 million in 2017 and is expected to witness significant growth over the forecast period owing to technological advancements coupled with product innovations by major players in this sector including Mahindra & Mahindra Ltd., John Deere Ltd., AGCO Corp., etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of oil & gas, construction, and other industries that use transfer pumps on a regular basis. China is one of the largest economies in terms of fuel consumption across all applications. It accounted for approximately 24% of total global fuel consumption in 2017 owing to heavy industrialization coupled with rapid urbanization and increasing automobile production levels within the country.
The Asia Pacific regional market was followed by Europe which accounted for approximately 20% share in terms of revenue generation within 2017 due to high demand from numerous end-user industries including oil & gas, mining, power generation, water treatment plants among others.
Growth Factors:
- Increasing demand for fuel in the transportation sector
- Growing investments in the oil and gas industry
- Rising awareness about safety and environment-friendly fuel transfer methods
- Technological advancements in pump design and functionality
- Proliferation of small-scale entrepreneurs in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Fuel Transfer Pump Market Research Report
By Type
AC Fuel Transfer Pump, DC Fuel Transfer Pump, Hand Fuel Transfer Pump
By Application
Construction, Mining, Agriculture, Military, Other Applications
By Companies
Fill-Rite, GPI, Piusi, Graco, Intradin Machinery, YuanHeng Machine
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Fuel Transfer Pump Market Report Segments:
The global Fuel Transfer Pump market is segmented on the basis of:
Types
AC Fuel Transfer Pump, DC Fuel Transfer Pump, Hand Fuel Transfer Pump
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Mining, Agriculture, Military, Other Applications
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fill-Rite
- GPI
- Piusi
- Graco
- Intradin Machinery
- YuanHeng Machine
Highlights of The Fuel Transfer Pump Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- AC Fuel Transfer Pump
- DC Fuel Transfer Pump
- Hand Fuel Transfer Pump
- By Application:
- Construction
- Mining
- Agriculture
- Military
- Other Applications
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fuel Transfer Pump Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A fuel transfer pump is a device that transfers fuel from one container to another. It can be used in automotive, aviation, and marine applications.
Some of the key players operating in the fuel transfer pump market are Fill-Rite, GPI, Piusi, Graco, Intradin Machinery, YuanHeng Machine.
The fuel transfer pump market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fuel Transfer Pump Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fuel Transfer Pump Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fuel Transfer Pump Market - Supply Chain
4.5. Global Fuel Transfer Pump Market Forecast
4.5.1. Fuel Transfer Pump Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fuel Transfer Pump Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fuel Transfer Pump Market Absolute $ Opportunity
5. Global Fuel Transfer Pump Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fuel Transfer Pump Market Size and Volume Forecast by Type
5.3.1. AC Fuel Transfer Pump
5.3.2. DC Fuel Transfer Pump
5.3.3. Hand Fuel Transfer Pump
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fuel Transfer Pump Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fuel Transfer Pump Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Mining
6.3.3. Agriculture
6.3.4. Military
6.3.5. Other Applications
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fuel Transfer Pump Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fuel Transfer Pump Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fuel Transfer Pump Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fuel Transfer Pump Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fuel Transfer Pump Demand Share Forecast, 2019-2026
9. North America Fuel Transfer Pump Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fuel Transfer Pump Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fuel Transfer Pump Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Mining
9.4.3. Agriculture
9.4.4. Military
9.4.5. Other Applications
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fuel Transfer Pump Market Size and Volume Forecast by Type
9.7.1. AC Fuel Transfer Pump
9.7.2. DC Fuel Transfer Pump
9.7.3. Hand Fuel Transfer Pump
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fuel Transfer Pump Demand Share Forecast, 2019-2026
10. Latin America Fuel Transfer Pump Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fuel Transfer Pump Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fuel Transfer Pump Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Mining
10.4.3. Agriculture
10.4.4. Military
10.4.5. Other Applications
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fuel Transfer Pump Market Size and Volume Forecast by Type
10.7.1. AC Fuel Transfer Pump
10.7.2. DC Fuel Transfer Pump
10.7.3. Hand Fuel Transfer Pump
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fuel Transfer Pump Demand Share Forecast, 2019-2026
11. Europe Fuel Transfer Pump Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fuel Transfer Pump Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fuel Transfer Pump Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Mining
11.4.3. Agriculture
11.4.4. Military
11.4.5. Other Applications
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fuel Transfer Pump Market Size and Volume Forecast by Type
11.7.1. AC Fuel Transfer Pump
11.7.2. DC Fuel Transfer Pump
11.7.3. Hand Fuel Transfer Pump
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fuel Transfer Pump Demand Share, 2019-2026
12. Asia Pacific Fuel Transfer Pump Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fuel Transfer Pump Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fuel Transfer Pump Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Mining
12.4.3. Agriculture
12.4.4. Military
12.4.5. Other Applications
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fuel Transfer Pump Market Size and Volume Forecast by Type
12.7.1. AC Fuel Transfer Pump
12.7.2. DC Fuel Transfer Pump
12.7.3. Hand Fuel Transfer Pump
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fuel Transfer Pump Demand Share, 2019-2026
13. Middle East & Africa Fuel Transfer Pump Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fuel Transfer Pump Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fuel Transfer Pump Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Mining
13.4.3. Agriculture
13.4.4. Military
13.4.5. Other Applications
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fuel Transfer Pump Market Size and Volume Forecast by Type
13.7.1. AC Fuel Transfer Pump
13.7.2. DC Fuel Transfer Pump
13.7.3. Hand Fuel Transfer Pump
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fuel Transfer Pump Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fuel Transfer Pump Market: Market Share Analysis
14.2. Fuel Transfer Pump Distributors and Customers
14.3. Fuel Transfer Pump Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fill-Rite
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GPI
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Piusi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Graco
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Intradin Machinery
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. YuanHeng Machine
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
