Fuel Transfer Pumps Market – Introduction
Fuel transfer pump is used to transfer different types of liquid such as diesel, petrol, and oil to trucks, vehicles, etc. Fuel transfer pumps are used to transport fuel from one location to another and to different places from the storage drum or tank. The main function of fuel transfer pump to transfer kerosene, petrol, gasoline, oil, AdBlue, water, or diesel, to trucks, cars, construction equipment, agricultural machinery, planes, and other engine driven machines. During the fuel transfer process, the engine requires a constant supply of fuel at high-pressure. This type of fuel transfer pump is selected on the basis of numerous physical and environmental parameters such as power, flow rate, mode of operation, power source, pressure requirement, environmental conditions such as location, temperature and operating conditions of the pump.
Fuel Transfer Pumps Market – Competitive Landscape
Great Plains Industries, Inc.
Incorporated in 1972, Great Plains Industries, Inc. is based in Wichita, Kansas, U.S. The company specializes in the design and manufacture of fuel meters, fuel transfer pumps, flowmeters, and industrial instrumentation for fluid transfer pump. The company caters to various industries including chemicals, agriculture, construction, mining, manufacturing, and oil & gas. The company’s products include AC fuel transfer pumps, DC fuel transfer pumps, fuel transfer hand pumps, aviation refueling products, oil transfer pumps, fuel remote dispenser products, chemical pumps, methanol pumps and meters, fuel meters, oil meters, and chemical & water meters.
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Tuthill Corporation (Fill_Rite)
Incorporated in 1892, Tuthill Corporation (Fill_Rite) is based in Illinois, U.S. Tuthill Corporation (Fill Rite) is a leading manufacturer of industrial rotating equipment. The company engages in the design and manufacture of pumps, meters, vacuum pumps and systems, rotary positive blowers and systems, plastic products, and injection molds. The company also offers oil field pumps, AC fuel transfer pumps, DC fuel transfer pumps, dewatering pumps, process pumps, and lubrication pumps. The company caters to various industries including chemical, agricultural, construction, food & beverage, energy, transportation, utilities, and pharmaceuticals, and medical, globally.
Intradin?Shanghai?Machinery Co Ltd.
Incorporated in 1994, Intradin (Shanghai) Machinery Co Ltd. is presently based in Minhang District, Shanghai, China. The company designs, manufactures, and sells industrial machinery products. Its products are utilized in various industries such as automotive, fleet, agriculture, and mining. The company has been accredited with ISO 9001:2008 certification. The company also been accredited with occupational health & safety management system and environment management system ISO14001:2004 certifications. The company’s diverse products include pneumatic oil pump, pneumatic grease pump, digital oil control valve, waste oil drainer, air and water hose reel, Goodyear hose reel, electric cable reel, digital oil meter, air driven diaphragm pump, fuel transfer pump, electric diesel transfer pump, fuel flow meter, urea transfer pump, fuel hand pump, and air operated grease gun.
Key players operating in the global fuel transfer pumps market include Piusi S.p.A., Graco Inc., Malhar, Groz Engineering Tools (P) Ltd., Hippo, Shi Instruments Private Limited, Pricol Ltd, Liquidynamics Inc., GoatThroat Pumps, and Spatco.com.
Fuel Transfer Pumps Market – Dynamics
Increasing demand of fuel transfer pumps from automotive industry driving market
Rising demand for fuel transfer pumps to transfer exact amount of fuel in an efficient manner among end-users is expected to drive the market in the next few years. Furthermore, expansion of the automotive industry due to technology advancements and increasing demand for fuel-efficient vehicles are expected to boost the market in the next few years. Rapid increase in population is driving construction activities. Therefore, expansion of the construction and building sector is projected to propel the market globally. Rise in consumer disposable income and economic expansion are anticipated to propel the production of vehicles in the next few years, which in turn is projected to drive the global fuel transfer pumps market. Moreover, increasing demand for fuel transfer pumps from various industries such as oil & gas, aerospace, automotive, construction, mining, agriculture, chemical manufacturing, food & beverages, water & wastewater treatment, and military is estimated to propel the market in the near future. Moreover, increasing demand for high-pressure fuel system for heavy engine vehicles is augment the market.
Shifting focus toward electrical vehicles restrains market
Increase in adoption and sales of electrical vehicles is expected to restraint the fuel transfer pumps market across the globe. Consumers are preferring electrical vehicles due to their benefits.
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Fuel Transfer Pumps Market – Segmentation
The global fuel transfer pumps market can be segmented based on:
- Type
- Distribution Channel
- Application
- Region
Fuel Transfer Pumps Market Segmentation – By Type
In terms of type, the fuel transfer pumps market can be bifurcated into:
- AC Fuel Transfer Pump
- DC Fuel Transfer Pump
Fuel Transfer Pumps Market Segmentation – By Distribution Channel
In terms of distribution Channel, the fuel transfer pumps market can be split into:
- Online
- Retail
- Company Owned
- Third-Party
Fuel Transfer Pumps Market Segmentation – By Application
Based on application, the fuel transfer pumps market can be classified into:
- Construction
- Mining
- Agriculture
- Automotive
- Chemical Manufacturing
- Food & Beverages
- Military
- Water & Wastewater Treatment
- Others
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