Fuel Management System Market by Offering (Software, Hardware, Services) by Application (Access Control and Fuel Dispensing, Fuel Storage Monitoring) by Industry Vertical (Oil & Gas, Military & Defense, Transportation and Logistics, Mining and Constructio

Global Fuel Management System Market was valued at USD XX Billion in the year 2017. Global Fuel Management System Market is further estimated to grow at a CAGR of XX% from 2018 to reach USD XX Billion by the year 2023.

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North America region holds the highest market share in 2017 and the Asia-Pacific region is considered as the fastest growing market in the forecasted period. At a country level, developed markets likethe U.S holds the notable market share in 2017 and it is projected to grow at a gradual rate in the coming years.

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Franklin Fueling Systems, HID Global Corporation/ASSA ABLOY AB., Gilbarco Inc., Piusi S.p.a., Hearst Communications, Inc., The Triscan Group, Fluid Management Technology Pty Ltd., Dover Corporation, Multiforce Systems Corporation, Banlaw, are some of the key players in the Fuel Management System Market with The Triscan Group holding the substantial market share because of its better technological advancements and global reach. Technological up-gradation to cater changing demand of end users. similarly, growth strategies such as acquisition & merger were few techniques adopted by most of the top players in the last 5 years.

Drivers:

• The decrease in risks of fueling errors

Restraints:

• High Initial Investments

Opportunities:

• The launch of technologically advanced goods

Challenges:

• Interoperability with Existing Software and Systems

Segmentation done on the basis of Platform includes Software and Hardware of which the Hardware segment is expected to hold the highest market share during the forecast period. On the other hand, segmentation done on the basis of Application includes Access Control and Fuel Dispensing and Fuel Storage Monitoring of which Access Control and Fuel Dispensing segment are expected to grow at the highest CAGR during the forecast period.

Key Benefits for Stakeholders

• Fuel management system manufacturers, traders/suppliers,
• Raw material suppliers and distributors,
• Associations, organizations, forums, and alliances related to fuel management,

By Offering

• Software
• Hardware
• Services

By Application

• Access Control and Fuel Dispensing
• Fuel Storage Monitoring

By Industry Vertical

• Oil & Gas
• Military & Defense
• Transportation and Logistics
• Mining and Construction
• Others

By Region

• North America
• Europe
• Asia-Pacific
• RoW

Key Market Players

• Franklin Fueling Systems
• HID Global Corporation/ASSA ABLOY AB.
• Gilbarco Inc.
• Piusi S.p.a.
• Hearst Communications, Inc.
• The Triscan Group
• Fluid Management Technology Pty Ltd.
• Dover Corporation
• Multiforce Systems Corporation
• Banlaw

(Another brief information of 10 companies will be provided in the report)

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