Published by top news
Posted on July 29, 2021
The global sales of hydrant dispensers is expected to expand at a steady CAGR of more than 5% over the forecast period of 2021 to 2031, thanks to strong demand for air travel across the world. At least 423 new airports are scheduled to be built worldwide, with 223 in the Asia Pacific region and around 60 across Europe. This is being backed by significant investments in new airport facilities and capacity expansion. Hydrant systems, which serve as a quick and efficient means of refuelling, are part of this modern infrastructure.
Every year, around 100 million new air passengers are added in the Asia Pacific region. BRICS nations are showing a pattern of growing urban population in search of job opportunities, which is leading to increased air travel. To accommodate this increase, governments are investing in the construction of new airports, which will drive demand for hydrant dispensers northward. For their ever-growing tourism sector, GCC countries will also invest heavily in airport infrastructure over the coming years.
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Demand for hydrant dispensers registered marginal drop during the COVID-19 pandemic. The global aviation industry experienced a drop of 55% over the last financial year. As a result, aviation industry’s spending power was reduced. Since infrastructure construction was halted around the world, new airport infrastructure development and modernization were affected, leading to drop in global demand for hydrant dispensers.
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The conventional way of fuelling aircraft involves large fuel hauling trucks. These trucks carry large amounts of fuel at the back. Hauling the truck from the aircraft fuelling area to fuel farms is tedious. This increases the running cost as well as maintenance cost of these trucks. Comparatively, hydrant dispensers allow low-cost ownership due to less running hours, and also give low maintenance cost benefits.
Also, since fuel hydrant dispensers do not haul with fuel at the back, it eliminates the threat of any kind of minor or major accident on ground. Likewise, ready-to-move trucks in pits fully loaded with fuel is a high-risk proposition.
Hydrant systems used for fuelling eliminate these two prominent concerns in the aviation space, and thus, this equipment shows optimistic signs for future growth.
Full Access of this Report Is Available at
https://www.factmr.com/checkout/5951
For More Insights
Fact.MR, in its new offering, presents an unbiased analysis of the global hydrant dispensers market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031. The study divulges essential insights on the basis of mass flow rate (<450 GPM, 450 GPM – 850 GPM, and 850 GPM – 1050 GPM), configuration (towable and self-propelled), propulsion (IC engine-powered and electric-powered), and end-use industry (commercial and military), across major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in the US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have in our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.com
The global sales of hydrant dispensers is expected to expand at a steady CAGR of more than 5% over the forecast period of 2021 to 2031, thanks to strong demand for air travel across the world. At least 423 new airports are scheduled to be built worldwide, with 223 in the Asia Pacific region and around 60 across Europe. This is being backed by significant investments in new airport facilities and capacity expansion. Hydrant systems, which serve as a quick and efficient means of refuelling, are part of this modern infrastructure.
Every year, around 100 million new air passengers are added in the Asia Pacific region. BRICS nations are showing a pattern of growing urban population in search of job opportunities, which is leading to increased air travel. To accommodate this increase, governments are investing in the construction of new airports, which will drive demand for hydrant dispensers northward. For their ever-growing tourism sector, GCC countries will also invest heavily in airport infrastructure over the coming years.
Request a report sample to gain comprehensive market insights at
https://www.factmr.com/connectus/sample?flag=S&rep_id=5951
Demand for hydrant dispensers registered marginal drop during the COVID-19 pandemic. The global aviation industry experienced a drop of 55% over the last financial year. As a result, aviation industry’s spending power was reduced. Since infrastructure construction was halted around the world, new airport infrastructure development and modernization were affected, leading to drop in global demand for hydrant dispensers.
Get Customization on this Research Report for specific research solutions
https://www.factmr.com/connectus/sample?flag=RC&rep_id=5951
The conventional way of fuelling aircraft involves large fuel hauling trucks. These trucks carry large amounts of fuel at the back. Hauling the truck from the aircraft fuelling area to fuel farms is tedious. This increases the running cost as well as maintenance cost of these trucks. Comparatively, hydrant dispensers allow low-cost ownership due to less running hours, and also give low maintenance cost benefits.
Also, since fuel hydrant dispensers do not haul with fuel at the back, it eliminates the threat of any kind of minor or major accident on ground. Likewise, ready-to-move trucks in pits fully loaded with fuel is a high-risk proposition.
Hydrant systems used for fuelling eliminate these two prominent concerns in the aviation space, and thus, this equipment shows optimistic signs for future growth.
Full Access of this Report Is Available at
https://www.factmr.com/checkout/5951
For More Insights
Fact.MR, in its new offering, presents an unbiased analysis of the global hydrant dispensers market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031. The study divulges essential insights on the basis of mass flow rate (<450 GPM, 450 GPM – 850 GPM, and 850 GPM – 1050 GPM), configuration (towable and self-propelled), propulsion (IC engine-powered and electric-powered), and end-use industry (commercial and military), across major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in the US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have in our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.com
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