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Home » Equipment and Machinery » Gas Station Equipment Market Report 2030

Gas Station Equipment Market By Equipment Type (Fuel Dispensers, Storage Tanks, Pumps, Nozzles, Payment Terminals, EV Charging Stations, Air Compressors, Car Wash Systems, Vapor Recovery Systems); By Fuel Type (Gasoline, Diesel, Compressed Natural Gas (CNG), Liquefied Petroleum Gas (LPG), Electric Charging, Hydrogen Fuel); By Station Type (Retail Gas Stations, Commercial Fleet Stations, Highway Service Stations); By End User (Independent Gas Stations, Branded Gas Stations, Fleet Operators); By Geography, Segment revenue estimation, Forecast, 2024-2032.

Published On: SEP-2024   |   Base Year: 2022   |   No Of Pages: 150   |   Historical Data: 2017-2021   |   Formats: PDF   |   Report ID: 44181458

The gas station equipment market in 2023 was worth USD 5.2 billion and is expected to be worth USD 8.2 billion by 2030, expanding at a CAGR of 6.5% during the forecast period.

 

The gas station equipment market is stimulated by factors such as the increase in fuel consumption, the development of new networks of fuel stations, and the utilisation of innovative technologies in fuel filling. Since automakers are expected to sell over 70 million units in 2023, there is a growing demand for gas stations or equipment, including dispensers, tanks, and payment systems. A recent development includes integrating digital payment solutions and automated fueling systems, as seen in countries like the U.S. and China, where smart fuel dispensers equipped with contactless payment options have been widely adopted to enhance customer convenience and operational efficiency. Furthermore, the growing importance of energy supply diversification shows that gas station equipment such as CNG and electric charging stations are becoming more popular.

 

The major challenge in developing the gas station equipment market is the overall tendency towards using electric vehicles and developing the necessary EV charging infrastructure. Furthermore, there are heavy initial capital costs in installation and high legal barriers to compliance with various equipment, such as underground storage tanks and vapor recovery.

 

A major opportunity in the gas station equipment market is the development of additional equipment for filling stations in the form of EV charging stations and hydrogen refueling stations. As the number of plug-in electric vehicles around the world has exceeded 20 million units in 2023, it is necessary for gas stations to supplement with electric vehicle charging stations. For instance, Shell and BP have recently established fast-charging stations in their conventional fuelling stations since more EV owners are hitting the roads. Further, the global market is witnessing capital expenditure on hydrogen refueling stations, especially in Europe and Asia Pacific, offering new opportunities to gas station equipment makers.

 

gas-station-equipment-market-infographics

 

Gas Station Equipment Market Segmentation 

Equipment Type:

  • Fuel Dispensers

  • Storage Tanks

  • Pumps

  • Nozzles

  • Payment Terminals

  • EV Charging Stations

  • Air Compressors

  • Car Wash Systems

  • Vapor Recovery Systems

 

Fuel Type:

  • Gasoline

  • Diesel

  • Compressed Natural Gas (CNG)

  • Liquefied Petroleum Gas (LPG)

  • Electric Charging

  • Hydrogen Fuel

 

Station Type:

  • Retail Gas Stations

  • Commercial Fleet Stations

  • Highway Service Stations

 

End User:

  • Independent Gas Stations

  • Branded Gas Stations

  • Fleet Operators

 

By Region

North America

  • US

  • Mexico

  • Canada

  • Rest of North America

 

Europe

  • Switzerland

  • Russia

  • France

  • Germany

  • U.K

  • Finland

  • Turkey

  • Netherlands

  • Belgium

  • Spain

  • Italy

  • Rest of Europe

 

Asia Pacific

  • India

  • China

  • South Korea

  • Japan

  • Singapore

  • Thailand

  • Indonesia

  • Malaysia

  • Philippines

  • Australia

  • Rest of Asia-Pacific

 

LAMEA

  • Brazil

  • Argentina

  • Uruguay

  • Saudi Arabia

  • Rest of LAMEA

 

Segment Analysis for the Gas Station Equipment Market

By Equipment Type:

Leading Segment: Fuel Dispensers

Fuel dispensers dominate the market with a share of over 35%, as they are a critical component of any gas station. With the increasing demand for automation, advanced dispensers integrated with digital payment systems are in high demand. Shell’s stations worldwide are equipped with smart fuel dispensers that support contactless payments & real-time monitoring. This segment is expected to grow steadily with a CAGR of 6.5%.

Fastest-Growing Segment: EV Charging Stations

Electric vehicle (EV) charging stations are multiplying quickly, growing at 14% each year. The global shift toward electric vehicles is a big driver behind this boom. Governments in Europe & North America are offering incentives to boost EV infrastructure, fueling this growth. Companies like Tesla are expanding their Supercharger network in the U.S. & the EU, showing how more and more people are adopting EV charging equipment.

 

By Fuel Type:

Leading Segment: Gasoline

Gasoline remains the largest fuel type, accounting for around 45% of the market, due to its dominance in conventional vehicle usage. Regions like North America & APAC have a high density of gasoline vehicles, ensuring consistent demand for gasoline infrastructure. For example, ExxonMobil continues to invest in gasoline dispensing & storage systems across its retail stations.

Fastest-Growing Segment: Electric Charging

Electric charging is the fastest-growing fuel type, with a CAGR exceeding 12%. This growth is propelled by EV adoption & environmental regulations promoting zero-emission vehicles. Companies like ChargePoint & Electrify America are significantly expanding their network of charging stations in urban & highway locations, supporting the rapid growth of this segment.

 

By Station Type:

Leading Segment: Retail Gas Stations

Retail gas stations dominate the market with a share of over 60%, as they serve the general public & are widely established. These stations are upgrading their equipment to include automated payment terminals and vapor recovery systems to enhance customer experience and meet regulatory requirements. For instance, BP is integrating self-service payment systems in its global network of retail stations.

Fastest-Growing Segment: Highway Service Stations

Highway service stations are growing at a CAGR of 9%, driven by the rise in long-distance travel and freight transportation. These stations are increasingly adopting multi-fuel capabilities, including CNG, LPG & EV charging, to cater to diverse needs. For example, India’s Bharat Petroleum has begun installing hydrogen fuel & EV charging systems at highway stations.

 

By End User:

Leading Segment: Branded Gas Stations

Branded gas stations, such as those operated by Shell, BP & Chevron, hold over 50% of the market share. These stations benefit from customer loyalty programs, advanced infrastructure & brand reputation. Branded operators are also adopting innovative technologies such as vapor recovery systems to comply with environmental standards & enhance operational efficiency.

Fastest-Growing Segment: Fleet Operators

Fleet operators are growing the quickest, with an annual growth rate of 10%. Companies are focusing on building dedicated fueling stations to save money & run more efficiently. For example, Amazon's delivery fleet heavily relies on compressed natural gas (CNG) & electric vehicle infrastructure for eco-friendly transportation, which is driving up the demand for equipment designed for fleet use.

 

By Region:

Leading Region: North America

North America dominates the market with a share of over 40%, driven by the large number of gas stations & early adoption of advanced equipment. The U.S. leads the region, with significant investments in EV charging stations and hydrogen fuel infrastructure. Chevron has been upgrading its stations across the U.S. to include vapor recovery & smart payment systems.

Fastest-Growing Region: Asia Pacific

Asia Pacific is the fastest-growing region, with a CAGR of 11%, supported by rising vehicle ownership & government investments in alternative fuel infrastructure. Countries like China & India are heavily investing in CNG & EV charging equipment. China’s push for EV adoption has resulted in over 1.5 Mn public charging points, highlighting the region’s rapid growth potential.

 

Gas Station Equipment Market Key Players 

  • Wayne Fueling Systems

  • Gilbarco Veeder-Root

  • Tokheim Group S.A.S. (Now part of Dover Fueling Solutions)

  • Franklin Fueling Systems

  • Tatsuno Corporation

  • Scheidt & Bachmann GmbH

  • Dresser, Inc. (Now part of Baker Hughes)

  • Bennett Pump Company

  • Censtar Science & Technology Corp., Ltd.

 

Gas Station Equipment Market Report Coverage

Report Attribute

Details

Forecast Period

2023 – 2030

Market Size Value in 2023

USD 5.2 billion

Revenue Forecast in 2030

USD 8.2 billion

Overall Growth Rate

CAGR of 6.5%

Base Year for Estimation

2022

Historical Data

2017 – 2021

Unit

USD Billion, CAGR (2023 - 2030)

Segmentation

By Equipment Type, By Fuel Type, By Station Type, By End User, By Region

By Equipment Type

Fuel Dispensers, Storage Tanks, Pumps, Nozzles, Payment Terminals, EV Charging Stations, Air Compressors, Car Wash Systems, Vapor Recovery Systems

By Fuel Type

Gasoline, Diesel, Compressed Natural Gas (CNG), Liquefied Petroleum Gas (LPG), Electric Charging, Hydrogen Fuel

By Station Type

Retail Gas Stations, Commercial Fleet Stations, Highway Service Stations

By End User

Independent Gas Stations, Branded Gas Stations, Fleet Operators

By Region

North America, Europe, Asia-Pacific, LAMEA

Country Scope

US, Canada, Mexico, UK, Germany, France, China, Japan, India, South Korea, Australia, etc.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

Frequently Asked Question About This Report

The gas station equipment market was valued at USD 5.2 billion in 2023 and is projected to reach USD 8.2 billion by 2030, growing at a CAGR of 6.5% during the forecast period.

Growth is driven by increasing fuel consumption, the development of new fuel station networks, and the integration of innovative technologies in fuel dispensing and payment systems.

Prominent companies include Gilbarco Veeder-Root, Wayne Fueling Systems, and Tatsuno Corporation.

Asia-Pacific is expected to witness significant growth due to increasing vehicle sales and expanding fuel station infrastructure.

Fuel dispensers hold a substantial market share, being essential components in fuel stations for dispensing gasoline, diesel, and alternative fuels.

Source-

https://www.bp.com/en_us/united-states/home/news/features-and-highlights/as-bps-convenience-business-grows-it-drives-digital-innovation.html

https://www.chevron.com/-/media/shared-media/documents/chevron-methane-report.pdf

https://www.tatamotors.com/press-releases/making-ev-charging-more-accessible-bharat-petroleum-and-tata-passenger-electric-mobility-collaborate-to-setup-7000-chargers/

Table of Contents

1.    GAS STATION EQUIPMENT MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030)
1.1. North America
1.2. Europe
1.3. Asia Pacific
1.4. Latin America
1.5. Middle East & Africa
2.    GAS STATION EQUIPMENT MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030)
2.1. North America
2.2. Europe
2.3. Asia Pacific
2.4. Latin America
2.5. Middle East & Africa
3.    MARKET SHARE ANALYSIS – GAS STATION EQUIPMENT MARKET
3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume
3.2. Market Share, 2023
3.3. Market By Equipment Type and End Use Outlook Analysis
4.    HISTORIC TRENDS IN GAS STATION EQUIPMENT MARKET
5.    EMERGING MARKET TRENDS
6.    NORTH AMERICA GAS STATION EQUIPMENT MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
6.1. North America Gas Station Equipment Historical Market ($MILLION), (2017 – 2023)
6.2. North America Gas Station Equipment Market ($MILLION) and Forecasts (2024 – 2030)
6.3. North America Gas Station Equipment Market Type ($MILLION), and Forecasts (2024 – 2030), By Equipment Type

6.3.1. Fuel Dispensers
6.3.2. Storage Tanks
6.3.3. Pumps
6.3.4. Nozzles
6.3.5. Payment Terminals
6.3.6. EV Charging Stations
6.3.7. Air Compressors
6.3.8. Car Wash Systems
6.3.9. Vapor Recovery Systems
6.4. North America Gas Station Equipment Market Type ($MILLION), and Forecasts (2024 – 2030), By Fuel Type
6.4.1. Diesel
6.4.2. Compressed Natural Gas (CNG)
6.4.3. Liquefied Petroleum Gas (LPG)
6.4.4. Electric Charging
6.4.5. Hydrogen Fuel
6.5. North America Gas Station Equipment Market Type ($MILLION), and Forecasts (2024 – 2030), By Station Type
6.5.1. Retail Gas Stations
6.5.2. Commercial Fleet Stations
6.5.3. Highway Service Stations
6.6. North America Gas Station Equipment Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use

6.6.1. Independent Gas Stations
6.6.2. Branded Gas Stations
6.6.3. Fleet Operators
6.7. North America Gas Station Equipment Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
6.7.1. USA
6.7.2. Canada
6.7.3. Rest of North America
7.    USA GAS STATION EQUIPMENT MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.    EUROPE GAS STATION EQUIPMENT MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.1. Europe Gas Station Equipment Historical Market ($MILLION), (2017 – 2023)
8.2. Europe Gas Station Equipment Market ($MILLION) and Forecasts (2024 – 2030)
8.3. Europe Gas Station Equipment Market Type ($MILLION), and Forecasts (2024 – 2030), By Equipment Type
8.4. Europe Gas Station Equipment Market Type ($MILLION), and Forecasts (2024 – 2030), By Fuel Type
8.5. Europe Gas Station Equipment Market Type ($MILLION), and Forecasts (2024 – 2030), By Station Type
8.6. Europe Gas Station Equipment Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use
8.7. Europe Gas Station Equipment Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
8.7.1. Germany
8.7.2. France
8.7.3. UK
8.7.4. Italy
8.7.5. Spain
8.7.6. Rest of Europe
9.    APAC GAS STATION EQUIPMENT MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
9.1. APAC Gas Station Equipment Historical Market ($MILLION), (2017 – 2023)
9.2. APAC Gas Station Equipment Market ($MILLION) and Forecasts (2024 – 2030)
9.3. APAC Gas Station Equipment Market Type ($MILLION), and Forecasts (2024 – 2030), By Equipment Type
9.4. APAC Gas Station Equipment Market Type ($MILLION), and Forecasts (2024 – 2030), By Fuel Type
9.5. APAC Gas Station Equipment Market Type ($MILLION), and Forecasts (2024 – 2030), By Station Type
9.6. APAC Gas Station Equipment Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use
9.7. APAC Gas Station Equipment Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
9.7.1. China
9.7.2. Japan
9.7.3. South Korea
9.7.4. India
9.7.5. Australia
9.7.6. Rest of APAC
10.    LATIN AMERICA GAS STATION EQUIPMENT MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
10.1. Latin America Gas Station Equipment Historical Market ($MILLION), (2017 – 2023)
10.2. Latin America Gas Station Equipment Market ($MILLION) and Forecasts (2024 – 2030)
10.3. Latin America Gas Station Equipment Market Type ($MILLION), and Forecasts (2024 – 2030), By Equipment Type
10.4. Latin America Gas Station Equipment Market Type ($MILLION), and Forecasts (2024 – 2030), By Fuel Type
10.5. Latin America Gas Station Equipment Market Type ($MILLION), and Forecasts (2024 – 2030), By Station Type
10.6. Latin America Gas Station Equipment Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use
10.7. Latin America Gas Station Equipment Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
10.7.1. Brazil
10.7.2. Argentina
10.7.3. Rest of Latin America
11.    COMPANY PROFILES:
11.1. Wayne Fueling Systems
11.1.1. Company Overview  
11.1.2. Company Snapshot  
11.1.3. Operating business segments
11.1.4. Product offered and Revenue
11.1.5. Production & Sales
11.2. Gilbarco Veeder-Root
11.3. Tokheim Group S.A.S.
11.4. Franklin Fueling Systems
11.5. Tatsuno Corporation
11.6. Scheidt & Bachmann GmbH
11.7. Dresser, Inc.
11.8. Bennett Pump Company
11.9. OTHER MARKET PLAYERS

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