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.
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 ,nd Chemicals, Inc. Keller Group plc.,, Mobile Fuel Systems, Airgas, Inc., Gascom Industrial Equipment.
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:
Petrol
Diesel
CNG
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
Helicopter
Small airplane
Others
The global mobile gas pumping system market can be segmented on the basis of end user into:
Airport
Oil & gas Industry
Construction Industry
Transportation sectors
Shipping industry
Others
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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