Energy & Environment Industry Today

Fuel Management System Market Analysis of Key Growth Strategies Adopted By Major Players, Type, Services, | Industry New Tech Development Analysis, End Users and Regional Outlook To 2023

The global Fuel Management System Market is expected to witness a stagnation in growth during the forecast period. This is due to the considerable growth in the power sector with population boom along with the rise in energy demand in various regions. The growth is primarily attributed to the need for uninterruptible power by major end-user across all the regions.
Published 02 July 2018

Market Overview:-

The factors that are responsible for the growth of the market are increase in fuel prices, reduction in the wastage of oil & gas with proper increase in inventory storage, also increasing number of fuel stations and global growth in automobile sector. The increase in number of fuel station will result in higher utilization of fuel management system to manage and control the fuel consumption. The automotive industry is growing at a rapid pace due to increase in the production of passenger and commercial vehicles. The increase in the production of passenger and commercial vehicles will result in higher consumption of fuel and will increase the demand of fuel management system.  

There are various types of fuel management system such as Card-Based, On-Site and Total Fuel Management. The on-site fuel management system tracks the flow of the fuel in the vehicle and allows the monitoring of the fuel storage level. The total fuel management system is the combination of card-based systems and the onsite fuel management systems in order to monitor and optimize the consumption of fuel.

Fuel Management System Market – Segmentation

The global Fuel Management System market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Type                    : Comprises Card-Based, On-Site and Total Fuel Management.

Segmentation by Application         : Comprises Mobile Fueling Systems, Transport Fleet and Others.

Segmentation by Regions               : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

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Industry Top key Players:- 
  • OPW Fuel Management Systems
  • The Triscan Group 
  • Piusi S.p.a.
  • Franklin Fueling Systems
  • Timeplan Fuel Solutions 
  • Guduza System Technologies 
  • Banlaw
  • Wayne Fueling Systems LLC
  • Sokolis Group
  • Orpak Systems Ltd. 

Fuel Management System Global Market - Competitive Analysis

The global market for Fuel Management System is currently in a development stage. To maintain the market position and to drive the market growth, all the major player are highly involved in acquiring new project development across the world, so as to showcase their product diversity and market dominance. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, product development, innovation, increasing investments in research and development and cost-effective product portfolio.

Table fo Content:-

1... Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

3... Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

4 Global Fuel Management System Market, By Type

4.1 Introduction

4.2 Card-Based

5 Global Fuel Management System Market, By Application

5.1 Introduction

5.2 Mobile Fueling Systems

To be continued...........

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Global Fuel Management System Market:-

The substantial growth in the overall global energy consumption and volatility in global fuel prices has driven the monitoring and controlling of fuel consumption for cost-effective operation and increase the efficiency of the fuel system. These factors have certainly created a great potential for fuel management system market all around the world. North-America region is the leading market for fuel management systems market and is followed by Europe. The overall growth in transport infrastructure and increase in fuel consumption in the countries such as U.S and Canada, where, major transporting of goods and equipment are depended on transport system with effective and efficient fuel consumption, so as to reduce the transport charge and curb down inflation rates, is driving the market for fuel management systems.


 

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