ID: MRFR/E&P/2985-HCR | February 2021 | Region: Global | 111 pages
Market Scenario Fuel Management System are primarily used to control, monitor and maintain the fuel consumption and store in large number of industries which utilizes transport, including air, rail, road and water, as a means of commerce trade. Fuel management systems are basically designed to manage the proper utilization of fuel and are also used to effectively measure the fuel consumption in the construction and transport industries. Fuel management systems compromises the most comprehensive solution in the global market for knowing exactly how much fuel is stored, consumed and real-time tracking of the fleet vehicle. Fuel management system provides from complete fuel accountability to total reconciliation and protection against fuel theft.
The fuel management system market is segmented on the basis of type by, Card-Based, On-Site and Total Fuel Management. The onsite fuel management systems track down the fuel when it is dispensed into the vehicles and, thus, allows the monitoring of the fuel storage levels. The total fuel management systems use the combination of the card-based systems and the onsite fuel management systems to monitor and optimize the overall fuel consumption. The card based fuel management systems monitor the fuel transaction based on the driver’s unique pin and fueling credit card.
Currently, the Fuel Management System market is in the growth stage. This is due to the 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. However, the additional cost and complexity involved with the installation of fuel management systems will hinder the fuel management market growth rate.
The global fuel management system market is expected to grow at a CAGR of more than 4% during the forecast period.
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.
Key Players The key players of global fuel management system market are OPW Fuel Management Systems (U.S), The Triscan Group (U.K), Piusi S.p.a. (Italy), Franklin Fueling Systems (U.S), Timeplan Fuel Solutions (U.K), Guduza System Technologies (South Africa), Banlaw (Australia), Wayne Fueling Systems LLC (U.S), Sokolis Group (U.S) and Orpak Systems Ltd. (Israel).
Frequently Asked Questions (FAQ) :
The segments of the market are type, Card-Based, On-Site and Total Fuel Management.
The CAGR of the market is calculated to be more than 4%.
The Triscan Group (U.K), Piusi S.p.a. (Italy), OPW Fuel Management Systems (U.S), Timeplan Fuel Solutions (U.K), Guduza System Technologies (South Africa), Franklin Fueling Systems (U.S), are the key companies leading the market.
The leading growth in the overall global energy consumption and volatility has driven the monitoring and controlling of fuel consumption for cost-effective operation and increase the efficiency of the fuel system.
The additional cost and complexity with the installation of fuel management systems is hindering the fuel management market growth rate.
1... Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market size Estimation
2.4 Forecast Model
3... Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Fuel Management System Market, By Type
4.4 Total Fuel Management
5 Global Fuel Management System Market, By Application
5.2 Mobile Fueling Systems
5.3 Transport Fuel
6 Regional Market Analysis
6.2 North America
6.3.4 Rest of Europe
6.4.4 Rest of Asia-Pacific
6.5 Rest of the World
7... Competitive Analysis
7.2 Competitive Scenario
7.2.1 Market Share Analysis
7.2.2 Market Development Analysis
7.2.3 Insulation Type/Service Benchmarking
7.3 OPW Fuel Management Systems (U.S)
7.3.2 Insulation Type/Service Offering
7.4 The Triscan Group (U.K)
7.4.2 Insulation Type/Service Offering
7.5 Piusi S.p.a. (Italy)
7.5.2 Insulation Type/Service Offering
7.6 Franklin Fueling Systems (U.S)
7.6.2 Insulation Type/Service Offering
7.7 Timeplan Fuel Solutions (U.K)
7.7.2 Insulation Type/Service Offering
7.8 Guduza System Technologies (South Africa)
7.8.2 Insulation Type/Service Offering
7.9 Banlaw (Australia)
7.9.2 Insulation Type/Service Offering
7.10 Wayne Fueling Systems LLC (U.S)
7.10.2 Insulation Type/Service Offering
7.11 Sokolis Group (U.S)
7.11.2 Insulation Type/Service Offering
7.12 Orpak Systems Ltd. (Israel)
7.12.2 Insulation Type/Service Offering