Global Forecourts Market Size, Share and Trends Analysis Report – Industry Overview and Forecast to 2032

Forecourts Market Size

• The global forecourts market size was valued at USD 6.93 billion in 2024 and is expected to reach USD 80.49 billion by 2032, at a CAGR of 35.87% during the forecast period
• The market growth is largely fuelled by the rising adoption of electric vehicles (EVs), increasing demand for convenient and multi-service fueling stations, and the expansion of charging infrastructure to support sustainable transportation
• Growing consumer preference for integrated services, including retail, food & beverages, and quick-service outlets at forecourts, is driving investment and innovation in the sector

Forecourts Market Analysis

• The forecourts market is witnessing significant growth driven by the increasing adoption of electric vehicles, the integration of renewable energy solutions, and the rising demand for convenient multi-service fueling stations. Businesses are focusing on providing enhanced customer experiences through value-added services such as retail, food & beverages, and automated payment systems
• Technological advancements, including smart pumps, automated fuel dispensing, and digital payment solutions, are streamlining operations and improving service efficiency. The market is further supported by government initiatives promoting sustainable transportation, green energy adoption, and the expansion of EV charging infrastructure, creating opportunities for long-term growth and innovation
• North America dominated the forecourts market with the largest revenue share of 41% in 2024, driven by the rapid adoption of electric vehicles (EVs), government incentives for clean energy infrastructure, and increased investments in modernized multi-service forecourt facilities
• Asia-Pacific region is expected to witness the highest growth rate in the global forecourts market, driven by urbanization, increasing disposable incomes, and rapid development of energy and mobility infrastructure across countries such as China, Japan, and South Korea
• The revenue from charging points segment held the largest market revenue share in 2024, driven by the increasing adoption of electric vehicles and the need for convenient, fast, and accessible charging solutions at forecourt locations. Charging points not only attract EV owners but also drive additional footfall, enhancing overall profitability for forecourt operators

Report Scope and Forecourts Market Segmentation   

Forecourts Market Trends

Expansion of Electric Vehicle (EV) Infrastructure and Automation

•  The rapid adoption of electric vehicles (EVs) is transforming the forecourts landscape by driving the deployment of EV charging stations alongside conventional fuel pumps. This allows forecourt operators to cater to evolving consumer preferences while supporting sustainable mobility, boosting overall site traffic and revenue potential
•  Increasing demand for automation and digital solutions is accelerating the integration of smart payment systems, contactless services, and real-time monitoring at forecourts. These technologies improve operational efficiency, reduce wait times, and enhance the customer experience, particularly in high-traffic locations
•  Convenience and multi-service offerings are making forecourts attractive for both retail and commercial users, encouraging operators to expand services such as convenience stores, food outlets, and vehicle maintenance. This diversification supports higher per-visit spending and drives market growth
•  For instance, in 2023, several major forecourt operators in Europe and North America introduced integrated EV charging and contactless payment systems, leading to increased customer engagement and reinforcing forecourts as multi-service hubs
•  While EV integration and automation are key growth drivers, success depends on continuous technological upgrades, strategic location planning, and partnerships with energy providers to fully capitalize on market opportunities

Forecourts Market Dynamics

Driver

Rising Adoption of Electric Vehicles and Growing Demand for Multi-Service Stations

•  The surge in electric vehicle adoption is compelling forecourt operators to install fast and ultra-fast charging points, transforming traditional fuel stations into multi-service hubs. This shift is attracting new customer segments, including EV owners and fleet operators, and driving site modernization
•  Consumers are increasingly valuing convenience, speed, and accessibility, which encourages forecourts to offer integrated services such as retail, dining, and vehicle maintenance alongside fuel and charging solutions. This comprehensive approach enhances customer loyalty and market penetration
•  Government incentives and sustainability initiatives supporting EV infrastructure are further accelerating investment in forecourt modernization. Subsidies, grants, and regulatory support encourage operators to adopt energy-efficient technologies and eco-friendly solutions, strengthening market growth
•  For instance, in 2022, several European countries implemented incentive programs for EV charging infrastructure at forecourts, boosting demand for modernized stations and creating new revenue streams for operators
•  While EV adoption and service diversification are driving growth, forecourt operators must continue investing in technology, staff training, and partnerships to maintain competitiveness and meet evolving consumer expectations

Restraint/Challenge

High Infrastructure Costs and Regulatory Hurdles in Emerging Regions

•  The significant capital expenditure required for modern forecourt development, including EV charging installation, digital payment integration, and multi-service facilities, limits entry for smaller operators and constrains expansion in price-sensitive markets
•  In many developing regions, inconsistent energy supply, limited grid capacity, and regulatory complexities create barriers to establishing fully automated and EV-ready forecourts. These challenges delay market penetration and reduce the feasibility of large-scale modernization
•  Lack of skilled personnel to manage advanced forecourt technologies further restricts operational efficiency, while high maintenance and operational costs can deter long-term investment. This often leads operators to prioritize established, urban locations over rural expansion
•  For instance, in 2023, forecourt operators in Sub-Saharan Africa and Southeast Asia reported delays in deploying EV charging infrastructure due to high costs and bureaucratic hurdles, limiting adoption and revenue growth
•  While forecourt modernization continues to evolve, overcoming cost, infrastructure, and regulatory challenges is essential. Market participants must focus on scalable solutions, public-private partnerships, and flexible business models to unlock long-term growth potential in the global forecourts market

Forecourts Market Scope

The market is segmented on the basis of revenue model.

•  By Revenue Model

On the basis of revenue model, the forecourts market is segmented into revenue from charging points, value-added services, and energy storage. The revenue from charging points segment held the largest market revenue share in 2024, driven by the increasing adoption of electric vehicles and the need for convenient, fast, and accessible charging solutions at forecourt locations. Charging points not only attract EV owners but also drive additional footfall, enhancing overall profitability for forecourt operators.

The value-added services segment is expected to witness the fastest growth rate from 2025 to 2032, driven by consumer demand for integrated offerings such as retail shops, food and beverage outlets, car maintenance services, and digital payment solutions. These services increase per-visit spending and encourage repeated visits, making value-added offerings a critical growth lever for modern forecourts.

Forecourts Market Regional Analysis

•  North America dominated the forecourts market with the largest revenue share of 41% in 2024, driven by the rapid adoption of electric vehicles (EVs), government incentives for clean energy infrastructure, and increased investments in modernized multi-service forecourt facilities
•  Consumers and businesses in the region highly value the convenience, accessibility, and variety of services offered by integrated forecourts, which include fuel, EV charging, retail, and quick-service food options in one location
•  This widespread adoption is further supported by advanced infrastructure, strong regulatory frameworks for energy and sustainability, and a tech-savvy population, positioning forecourts as a preferred solution for both traditional and electric mobility needs

U.S. Forecourts Market Insight

The U.S. forecourts market captured the largest revenue share in North America in 2024, fueled by increasing EV penetration, supportive government policies, and expansion of multi-service forecourt networks. Operators are focusing on integrating charging points, energy storage, and value-added services to enhance customer retention and satisfaction. Additionally, digital platforms, smart payment systems, and loyalty programs are further driving market growth.

Europe Forecourts Market Insight

Europe’s forecourts market is expected to witness the fastest growth rate from 2025 to 2032 due to strong EV adoption, government subsidies for sustainable mobility, and investments in modernized multi-service forecourt infrastructure. Countries like the U.K., Germany, and France are emphasizing clean energy solutions and integration of energy storage, value-added services, and digital payment platforms, promoting market expansion.

U.K. Forecourts Market Insight

The U.K. forecourts market is expected to witness the fastest growth rate from 2025 to 2032, driven by the rising trend of EV adoption, focus on energy-efficient mobility, and consumer demand for convenient, multi-service locations. Operators are increasingly investing in smart charging solutions, retail expansion, and value-added services to attract diverse customer segments.

Germany Forecourts Market Insight

Germany’s forecourts market is expected to witness the fastest growth rate from 2025 to 2032, supported by strong infrastructure, government incentives for clean energy, and consumer awareness of sustainable mobility options. Integration of EV charging, energy storage, and smart service platforms is further enhancing market growth.

Asia-Pacific Forecourts Market Insight

The Asia-Pacific forecourts market is expected to witness the fastest growth rate from 2025 to 2032, fueled by rapid urbanization, increasing EV adoption, and government initiatives promoting clean and smart mobility solutions in countries such as China, Japan, and India. The availability of affordable modern forecourts, coupled with the region’s emergence as a hub for EV and energy storage manufacturing, is broadening access to integrated services.

Japan Forecourts Market Insight

Japan’s forecourts market is expected to witness the fastest growth rate from 2025 to 2032 due to high urban density, advanced transportation systems, and growing demand for multi-service locations. Adoption is driven by EV penetration, government policies supporting sustainable infrastructure, and the integration of energy storage, retail, and smart service solutions for enhanced convenience and efficiency.

China Forecourts Market Insight

China accounted for the largest revenue share in the Asia-Pacific forecourts market in 2024, attributed to rapid urbanization, a growing middle class, and the government’s push for EV adoption and smart city initiatives. Forecourt operators are investing heavily in modern infrastructure combining EV charging, conventional fuel, retail, and value-added services to meet increasing demand and ensure operational efficiency.

Forecourts Market Share

The Forecourts industry is primarily led by well-established companies, including:

•  GRIDSERVE (U.K.)
•  Circle K (U.S.)
•  Audi A.G. (Germany)
•  Motor Fuel Group (MFG) (U.K.)
•  SHELL RECHARGE (U.S.)
• BP p.l.c (U.K.)
•  Rontec (U.K.)
•  ELECTRIFY AMERICA (U.S.)
•  7-Eleven Inc. (U.S.)
•  ENILIVE (Italy)

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