Global Fuel Management System Market Analysis & Forecast to 2023, With an Expected CAGR of 6.52% - ResearchAndMarkets.com

DUBLIN--()--The "Fuel Management System Market by Offering (Hardware, Software, and Services), Application (Fuel Storage Monitoring, and Access Control & Fuel Dispensing), Industry (Transportation & Logistics, and Oil & Gas), and Geography - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The fuel management system market is expected to grow at a CAGR of 6.52% between 2018 and 2023, to reach USD 707.4 million by 2023 from USD 515.9 million in 2018.

The fuel management system market for the transportation and logistics industry is expected to witness significant growth during the forecast period. Companies operating in this industry need considerable volumes of fuel every day to carry out their operations. As fuel is an expensive resource, efficient management of fuel becomes a critical task for maintaining companies' profitability. Fuel management systems play an important role in obtaining fuel-related data, which can be easily accessed by users for fuel accounting. These systems help plant or site managers reduce misuse or loss of fuel. Also, by using fuel management systems, companies can restrict unauthorized access to fuel.

Among all regions, the fuel management system market in APAC is expected to grow at the highest CAGR during the forecast period. China, Japan, Australia, and India are some of the major contributors to the growth of the market in APAC. High demand for fuel management systems from the transportation and logistics, and Mining and construction industries in these countries is fueling the growth of the market in this region.

Companies Mentioned

  • Gilbarco Veeder-Root
  • Dover
  • Franklin Fueling Systems
  • Piusi
  • Triscan Group
  • Hid Global
  • Multiforce Systems
  • Road Track
  • Banlaw
  • Fluid Management Technology
  • Timeplan Fuel Solutions
  • Sentinel Fuel Products
  • Guduza System Technologies
  • Esi Total Fuel Management
  • Assetworks
  • Smartflow Technologies
  • World Fuel Services
  • Technotrade
  • Romteck
  • Newlea Fuel Systems

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Dynamics

6 Fuel Management System Market, By Offering

7 Fuel Management System Market, By Application

8 Fuel Management System Market, By Industry

9 Geographic Analysis

10 Competitive Landscape

11 Company Profiles

12 Appendix

For more information about this report visit https://www.researchandmarkets.com/research/rb7cm4/global_fuel?w=4

Contacts

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Related Topics: Automotive and Transport, Logistics

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Automotive and Transport, Logistics