Global Fuel management system research report offers a panoramic view of Fuel management system Market regulatory framework, and macro- and micro-economic factors that influence the growth of the industry. The report strives to offer authentic information about the Fuel management system market size, share, product portfolio, revenue estimations, and growth rate. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals.
The global fuel
management system market size was USD 745.1 Million in 2021 and is expected
to register a revenue CAGR of 8.8% over the forecast period, according to the
latest analysis by Emergen Research. Increasing cost of fossil fuels due to
geopolitical tensions and rapid adoption of strategies to improve vehicles’
fuel economy are factors driving revenue growth of the market. Since 2018,
crude oil is almost at its highest price. The OPEC+ group of oil-producing
nations reiterated in its most recent round of meetings that they would only raise
the overall crude oil supply by 400,000 barrels per day. Increasing cost of
fossil fuels due to geopolitical tension has further contributed to rise of
crude oil costs, while current ongoing Russia-Ukraine war has spiked prices of
crude oil globally. On 7 March 2022, prices rose to USD 140 per barrel, which
is the highest in past 14 years. Fleet managers can successfully control fuel
usage and expenditure through practice of fuel management, which is expected to
increase demand for an effective fuel management system and hence drive market
revenue growth. A fuel management system combines analytical software and
telematics-based tools to gather data on fuel consumption and improves fuel
economy. Fleet management can receive alerts on fuel levels in trucks and
on-site tanks from fuel monitoring and anti-siphoning equipment,
Get a sample of the report @ https://www.emergenresearch.com/request-sample/1243
Covid
19 impact analysis:
The report gathers viable
information on the most established industry players, sales and distribution
channels, regional spectrum, estimated market share and size, and revenue
estimations over the forecast timeframe. The study is inclusive of a profound
analysis of this business sphere focuses on the overall remuneration of the
market over the projected period. The study also includes significant
information pertinent to the Fuel Management System industry, particularly the
current COVID-19 scenario. Exhaustive coverage of the
COVID-19 impact on the Fuel Management System industry is a major attraction of
the report. The global health emergency has beleaguered the global economy,
thereby disrupting this particular business domain’s functioning mechanism. It
assesses the present market scenario and forecasts the pandemic’s aftermath in
this business sector to help organizations boost their COVID-19 preparedness.
Major companies profiled in the market report include
Gilbarco Inc., Dover Fueling Solutions (part of Dover Corporation),
Franklin Fueling Systems, Piusi S.p.A., Triscan Group Limited, HID Global
Corporation (part of ASSA ABLOY.), Multiforce Systems Corporation, Banlaw.,
Fluid Management Technology, and Samsara Inc..
Research objectives:
The
market intelligence report takes a closer
view of the global market share, estimated growth rate, future market trends,
entry-level barriers, fundamental market drivers, restraints, challenges, and
opportunities. The report clearly defines the Fuel Management System market
position on a global level. The detailed insights into the market’s
geographical spectrum offered by the report make it an excellent source of
knowledge about the Fuel Management System industry.
Get access to the full description of
the report @
https://www.emergenresearch.com/industry-report/fuel-management-system-market
Emergen Research has segmented the global fuel management system
based on type, offering, application, industry, and region:
·
Type Outlook
(Revenue, USD Million, 2019–2030)
o Card-Based
o On-Site
·
Offering
Outlook (Revenue, USD Million, 2019–2030)
o Hardware
1.
Automatic Tank Gauge Systems
2.
Fuel Control Systems
3.
Identification Devices
o Software
o Services
·
Application
Outlook (Revenue, USD Million, 2019–2030)
o Fuel
Storage Monitoring
o Access
Control & Fuel Dispensing
·
Industry
Outlook (Revenue, USD Million, 2019–2030)
o Military
and Defense
o Transportation
& Logistics
o Aircraft
o Oil
& Gas
o Buildings
Regional
Outlook:
·
North America (U.S., Canada)
·
Europe (U.K., Italy, Germany, France, Rest
of EU)
·
Asia Pacific (India, Japan, China, South
Korea, Australia, Rest of APAC)
·
Latin America (Chile, Brazil, Argentina,
Rest of Latin America)
·
Middle East & Africa (Saudi Arabia,
U.A.E., South Africa, Rest of MEA)
Key Objectives
of the Global Fuel Management System Market Report:
·
The
global Fuel Management System market report offers viable insights into the
competitive spectrum of the Fuel Management System business sphere.
·
The
report systematically profiles the company information of each market player.
·
It
identifies the estimated industry share, production facilities, development
prospects, and geographies served by each market player.
·
The
study showcases the extensive product portfolios of the prominent market
contenders.
·
It
offers critical data & information about the product application scope and
the end-user landscape.
·
The
study provides salient information about the pricing models of the products offered
by these companies. Moreover, it determines the gross profits and losses
experienced by them throughout their market tenures
Explore
More Related Report @
Insulation Monitoring Devices Market
https://www.emergenresearch.com/industry-report/insulation-monitoring-devices-market
Ultraviolet Acrylic Hot Melt Resin
Market
https://www.emergenresearch.com/industry-report/ultraviolet-acrylic-hot-melt-resin-market
Ablation Products for Atrial
Fibrillation Market
https://www.emergenresearch.com/industry-report/ablation-products-for-atrial-fibrillation-market
Peripheral Directional Atherectomy
System Market
https://www.emergenresearch.com/industry-report/peripheral-directional-atherectomy-system-market
Cloud Data Warehouse Market
https://www.emergenresearch.com/industry-report/cloud-data-warehouse-market
About Emergen
Research :
Emergen Research is a market research and consulting company
that provides syndicated research reports, customized research reports, and
consulting services. We offer market intelligence studies ensuring relevant and
fact-based research across multiple industries, including Healthcare, Touch
Points, Chemicals, Types, and Energy. We consistently update our research
offerings to ensure our clients are aware of the latest trend’s existent in the
market. Emergen Research has a strong base of experienced analysts from varied
areas of expertise. Our industry experience and ability to develop a concrete
solution to any research problems provides our clients with the ability to
secure an edge over their respective competitors.
Contact Us:
Eric Lee
Corporate
Sales Specialist
Emergen
Research | Web: www.emergenresearch.com
Direct
Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for
More Insights: https://www.emergenresearch.com/insights
Explore Our
animal genetics market| Fuel Management Systems market
Latest
Reports: intelligent transportation system market| injectable drug delivery market
Trending Titles: biofuels market| Fuel Management System market
Thank
you for reading the report. The report can be customized as per the
requirements of the clients. For further information or query about
customization, please reach out to us, and we will offer you the report best
suited for your needs
Comments
Post a Comment