Fuel Management System Market by Type (Card-Based, On-Site), by Component (Hardware, Software, Services), by End User Industry (Transportation & Logistics, Aerospace & Defense), by Region (Asia-Pacific, Europe, Middle East and Africa, South America, North America) – Global Forecast 2019 to 2027

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Fuel Management System Market: Summary

The Global Fuel Management System Market is estimated to reach USD 856.4 Million by 2027 at a CAGR of 6.4%, observes forencis research (FSR).

A fuel management system is mainly used to monitor, control, and maintaining the fuel consumption in various end-use industries such as transportation, logistics, construction, mining, oil & gas, and aerospace & defense. The fuel management system is a combination of hardware and software products that enables security controls of fuel stores while detecting the consumption and delivery of fuel. The fuel management system is mainly utilized in tank leak detection, tank inventory level information, sensor configuration, and sump leak detection.

 

Fuel Management System Market: Drivers & Restraints

Market Drivers:

  • Increasing Fuel Prices

Oil prices are continuously climbing higher and higher due to natural disasters, supply and demand impact, and various production impacts. The Organization of Petroleum Exporting Countries (OPEC), is the main influencer of fluctuations in fuel prices. However, managers of the industries use the fuel management system to control, monitor and maintaining the fuel consumption to reduce fuel costs and increase the efficiency of the system. Hence, increasing fuel prices are expected to drive the market during the forecast period.

Market Restraints:

  • Growing Electric Vehicles Market

Hydrogen fuel cell vehicle and battery-powered electric vehicles offer a cleaner alternative to internal combustion engines and both use electric motors. conventional vehicles burn fuel in an internal combustion engine where battery-powered electric vehicles use stored energy in batteries to power one or more electric motors. According to IEA, Around 45% of electric cars on the road in 2018. Hence, the market for the conventional market is expected to decrease during the forecast period which directly impacts on fuel management system market. With this, the growing electric vehicles market is expected to restrain the market during the forecast period.

Fuel Management System Market: Key Segments

  • On the basis of type: Card-Based and On-Site
  • On the basis of component: Hardware (Fuel Pump, Fuel Filter, Fuel Pressure Regulator, Fuel Injector, Sensors, and Others), Software, and Services
  • On the basis of end use industry: Transportation & Logistics, Aerospace & Defense, Construction & Mining, Oil & Gas, and Others
  • Based on region: North America, South America, Europe, Asia-Pacific, and Middle East & Africa with individual country-level analysis

Fuel Management System Market: Report Scope

The report on the fuel management system market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2018-2027

Base Year for Market Calculation

2019

Forecasted Period

2020-2027 (2020 Estimated Year, Forecasted up to 2027)

Measured Units

Value (USD Million)

Segments Included

Type, Component, End User Industry, and Region

Regional Coverage

North America, Asia-Pacific, Europe, Middle East and Africa,  and South Africa


Key Companies Covered

  • Triscan Group Limited(Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Banlaw
  • Emerson Electric Co
  • Atlas Oil
  • Gilbarco Veeder-Root
  • Piusi S.p.A
  • HID Global Corporation/ASSA ABLOY AB
  • Franklin Fueling Systems
  • sokolisgroup.com
  • Dover
  • Other Key Companies

Fuel Management System Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

FUEL MANAGEMENT SYSTEM Market, by Type

  • Card-Based
  • On-Site

FUEL MANAGEMENT SYSTEM Market, by Component

  • Hardware
    • Fuel Pump
    • Fuel Filter
    • Fuel Pressure Regulator
    • Fuel Injector
    • Sensors
    • Others
  • Software
  • Services

FUEL MANAGEMENT SYSTEM Market, by End User Industry

  • Transportation & Logistics
  • Aerospace & Defense
  • Construction & Mining
  • Oil & Gas
  • Others

FUEL MANAGEMENT SYSTEM Market, by Region

  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Taiwan
    • Rest of Asia-Pacific
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions answered by the report

  • What are the major developments impacting the market worldwide and its growth?
  • What will be the effects of the developments in the global market on the industry and the market players in the near and far future?
  • What are the evolving types of the global market?
  • What are the evolving applications of the global market?
  • What are the major characteristics that will affect the global market growth during the study period?
  • Who are the key global players operating in the market?
  • How are the major players leveraging in the existing global market conditions?

Report Audience

  • Fuel Management System Market Providers
  • Fuel Management System Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Fuel Management System Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE FUEL MANAGEMENT SYSTEM MARKET STUDY

1      INTRODUCTION

1.1       Research Objectives

1.2       Market Definition

1.3       Research Scope

1.4       Regional Coverage

1.5       Research Timeline

1.6       Assumptions

1.7       Limitations

2      RESEARCH DESIGN & SCOPE

2.1       Introduction

2.2       Primary Research

                                  2.2.1    Key Industry Expert Insight

2.3       Secondary Research

                                  2.3.1    Vital Data from Secondary Sources

2.4       Market Size Estimation

2.5       Data Validation & Triangulation

3      EXECUTIVE SUMMARY

4      MARKET DYNAMICS

4.1       Introduction

4.2       Drivers

                                 4.2.1.    Increasing Growth in Automobile Sector

                                 4.2.2.    Increasing Fuel Prices

4.3       Restraint

                                 4.3.1.    High Initial Investment

                                 4.3.2.    Growing Electric Vehicles (EV) Market

4.4       Opportunities

                                 4.4.1.    Increasing Growth Opportunities in Asia-Pacific

4.5       Challenges

                                 4.5.1.     Operating with Existing Software and Fuel Management System

5      INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS

5.1       Introduction

                                 5.1.1.    Power of Buyers

                                 5.1.2.    Power of Suppliers

                                 5.1.3.    Intensity of Competition

                                 5.1.4.    Challenges of Substitutes

                                 5.1.5.    Challenges of New Entrants

5.2       Macro-Economic Indicators

6      GLOBAL FUEL MANAGEMENT SYSTEM MARKET BY TYPE, Market Size in USD Million (2019—2027)

6.1       Introduction

6.2       Card-Based

6.3       On-Site

7      GLOBAL FUEL MANAGEMENT SYSTEM MARKET BY COMPONENT, Market Size in USD Million (2019—2027)

7.1       Introduction

7.2       Hardware

                                  7.2.1    Fuel Pump

                                  7.2.2    Fuel Filter

                                  7.2.3    Fuel Pressure Regulator

                                  7.2.4    Fuel Injector

                                  7.2.5    Sensors

                                  7.2.6    Others

7.3       Software

7.4       Services

8      GLOBAL FUEL MANAGEMENT SYSTEM MARKET BY END USE INDUSTRY, Market Size in USD Million and Units (2019—2027)

8.1       Introduction

8.2       Transportation & Logistics

8.3       Aerospace & Defense

8.4       Construction & Mining

8.5       Oil & Gas

8.6       Others

9      GLOBAL FUEL MANAGEMENT SYSTEM MARKET BY REGION, Market Size in USD Million (2019—2027)

9.1       North America

                                  9.1.1    US

                                  9.1.2    Canada

                                  9.1.3    Mexico

9.2       Europe

                                  9.2.1    Germany

                                  9.2.2    France

                                  9.2.3    Italy

                                  9.2.4    UK

                                  9.2.5    Russia

                                  9.2.6    Rest of Europe

9.3       Asia-Pacific

                                  9.3.1    China

                                  9.3.2    India

                                  9.3.3    Japan

                                  9.3.4    South Korea

                                  9.3.5    Taiwan

                                  9.3.6    Rest of Asia-Pacific

9.4       Middle East and Africa

                                  9.4.1    Saudi Arabia

                                  9.4.2    UAE

                                  9.4.3    Rest of Middle East and Africa

9.5       South America

                                  9.5.1    Brazil

                                  9.5.2    Argentina

                                  9.5.3    Rest of South America

10   COMPETITIVE LANDSCAPE

10.1     Introduction

10.2     Market Ranking/Share Analysis of Key Companies

10.3     Company Benchmarking

11   COMPANY PROFILES

11.1     Triscan Group Limited

                                11.1.1    Company Overview

                                11.1.2    Financial Overview

                                11.1.3    Products/Solutions/Services Offered

                                11.1.4    Key Developments

                                11.1.5    SWOT Analysis

11.2     Banlaw 

11.3     Emerson Electric Co

11.4     Atlas Oil

11.5     Gilbarco Veeder-Root

11.6     Piusi S.p.A

11.7     HID Global Corporation/ASSA ABLOY AB

11.8     Franklin Fueling Systems

11.9     sokolisgroup.com

11.10  Dover

11.11  Other Key Companies

12   APPENDIX

12.1     Key Industry Expert Insights

12.2     Primary Discussion Guide

12.3     Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

 

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

 

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Research Design

Forencis Research follows robust and deep dive research methodologies to deliver accurate – current, estimated and forecasted market data. Our extensive primary and secondary research help in deriving reliable qualitative and quantitative data to provide verified market insights. Our research team tracks historic trends, existing and recent market dynamics, growth prospects, competitor landscape, and the entire value chain dynamics to attain reliable industry facts to reach accurate market estimates. Primary research is conducted through thorough interviews and detailed surveys with the Key Industry Experts and related participants across the value chain. Secondary research entails acquiring data through paid and reliable databases such as annual reports, SEC filings, research publications, association publications, investor presentations, white papers and other sources. All the above-obtained information is further processed and collated with our existing database prior to its presentation in our publications.

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Key Questions Answered by the Report

  • Major factors impacting the market and its growth
  • Evolving Types of the various products in the Market
  • Evolving Application of the various products in the Market
  • Growing countries in the Global Market
  • Effects of the developments in the market on the industry and on the market players
  • Key market developments undertaken by the leading players

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