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Global Fuel Management System Market (2017-2023): Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates - 2018 Study - ResearchAndMarkets.com

November 6, 2018

DUBLIN--(BUSINESS WIRE)--Nov 6, 2018--The “Global Fuel Management System Market - by Application, Offering, End-Use, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)” report has been added to ResearchAndMarkets.com’s offering.

The global fuel management system market was USD 7.14 billion in 2017 and is estimated to reach USD 9.19 billion by 2023 at a CAGR of 4.3% during the forecast period.

The main drivers of the global fuel management system are the railways, roads, sea transports and the aircrafts. The sea transportation is the highest contributors to global fuel management system followed by railways. The locomotives will see a rise in growth with the application of new technologies present in fuel management system.

All most all the nations are important contributors to the global fuel management system market but Asia-Pacific dominates the most. The rise in the urbanization and industrialization of this region is the main reason. The market share of Asia-Pacific was two-fifths in 2017. Growth in Europe will rise at the same pace as in Asia-Pacific because Europe is well connected by rail and roads. The market of North America will not rise much due to strict regulations of the fuel and environment protection.

Industry Trends and Updates

In December 2017, Dover announced to open a manufacturing plant in Navi Mumbai, India which will have the capacity to produce 20,000 fuel dispensers per year. Companies ProfiledBanlawDoverE-Drive TechnologyEmersonESI Total Fuel ManagementFleetmatics Group PLCFluid Management Technology Pty Ltd.Franklin Fueling SystemsGuduza System TechnologiesHid GlobalMultiforce SystemsOmnitracs, LLCPiusiSCI Distribution, LLCSmartFlow TechnologiesTelenav, Inc.TomTom International BVTrimble Inc.Triscan GroupVeeder-Root Companyand more...

Key Topics Covered

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Global Fuel Management System Market Segmentation, Forecasts and Trends - by Application

6. Global Fuel Management System Market Segmentation, Forecasts and Trends - by Offering

7. Global Fuel Management System Market Segmentation, Forecasts and Trends - by End-Use

8. Global Fuel Management System Market Segmentation, Forecasts and Trends - by Region

9. Company Market Share Analysis

10. Company Profiles

11. Industry Structure

12. Global Fuel Management System Market - The Road Ahead

For more information about this report visit https://www.researchandmarkets.com/research/td393m/global_fuel?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181106005522/en/

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Related Topics:Automotive and Transport,Logistics

KEYWORD:

INDUSTRY KEYWORD: TRANSPORT LOGISTICS/SUPPLY CHAIN MANAGEMENT

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 11/06/2018 07:52 AM/DISC: 11/06/2018 07:52 AM

http://www.businesswire.com/news/home/20181106005522/en

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