Insights on Global Fuel Management Systems (FMS) Market and Forecast Assumptions for the Period 2016 – 2025

ALBANY, USA, 2018-May-07 — /EPR Network/ —There are many factors serving to drive the global fuel management systems market. The need to check fuel pilferage and bring transparency in fuel consumption are some of them. This is because fuel accounts for most of the operating cost in transportation.

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An effective fuel management system (FMS) helps to tackle challenges posed by higher or fluctuating prices of oil used as fuel and also difficulties cropping from stringent regulations pertaining to environment by effective management of fuel. It does so by monitoring, controlling, and reporting fuel consumption. This unique perceived benefit has driven up the demand for fuel management system (FMS).

A report by Market Research Reports Search Engine (MRRSE) projects the global market for to register a lackluster 4.3% CAGR during the period between 2017 and 2025 to become worth US$9.95 bn by 2025 from US$6.85 bn in 2016.

Global Fuel Management Systems (FMS) Market: Research Methodology

Primary research represented the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities

Secondary research sources which were typically referred to, but are not limited to, include: company websites, annual reports, financial reports,  internal and external proprietary databases as well as relevant patent and regulatory database, national government documents, market reports, news articles, press releases, industry magazines, webcasts specific to companies operating in the market, and regulatory databases such as Factiva and Bloomberg, national government documents, statistical databases, and webcasts specific to companies operating in the Fuel Management Systems (FMS) market.

We conduct primary interviews on an ongoing basis with mining industry participants and commentators to validate data and analysis. Primary and secondary research were conducted to understand and arrive at trends, which were employed to carry out forecasts for the Fuel Management Systems (FMS) market. These help validate and strengthen secondary research findings. These also help develop the analysis, team’s expertise and market understanding.

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Global Fuel Management Systems (FMS) Market: Competitive Landcsape

Key major players operating in the Fuel Management Systems (FMS) market include Omnitracs, LLC, E-Drive Technology, The Veeder-Root Company, ESI Total Fuel Management, SCI Distribution, LLC, Fluid Management Technology Pty Ltd., SmartFlow Technologies, Emerson, Guduza System Technologies, Fleetmatics Group PLC, Telenav, Inc., TomTom International BV, and Trimble Inc.

Global Fuel Management Systems (FMS) Market has been segmented as follows:

Global Fuel Management Systems (FMS) Market, by Process

• Measuring
• Monitoring
• Reporting
• Others

Global Fuel Management Systems (FMS) Market, by Application

• Fuel Consumption
• Efficiency Level
• Fleet Management
• Viscosity Control
• Others

Global Fuel Management Systems (FMS) Market, by End-User

• Road Transportation
• Railway Transportation
• Aircraft
• Marine

Global Fuel Management Systems (FMS) Market, by Region

• North America
  • U.S.
  • Canada
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Europe
  • France
  • Germany
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Rest of Asia Pacific
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East and Africa

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