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Fuel Management Market-Outlook Of Market Scenario

The global Fuel Management System Market for to register a 4.0% CAGR during the period between 2020 and 2025 to become worth US$9.98 bn by 2025.

Fuel management is an important process because it gives you control over an essential expense. Fuel charges are unavoidable, but that doesn’t mean you’re powerless to mitigate them.

Key players profiled in the Fuel Management Systems (FMS) market report include: Omnitracs, E-Drive Technology, Veeder-Root, ESI Total Fuel Management, SCI Distribution, Fluid Management Technology, SmartFlow Technologies, Emerson, Fleetmatics Group, TomTom and Trimble.

  Aug 2020 Uffizio is coming up with such an advanced fuel monitoring module integrated with its advanced fleet management software Trakzee. While designing this module, we reached out to our customers all over the globe and gathered information about what are their major pain points and what are their priorities. After carefully analysing their requirements, we have come up with a whole new approach to solve this problem. To understand it better, let us look at the challenges in developing this module.

   Veeder Rot New Product-The TLS4i and TLS4c Automatic Tank Gauges (ATG) have the same graphical user interface as the TLS-450PLUS tank gauge, increasing technician familiarity for quick setup using the easy-to-navigate color touch screen. Using the TLS4i or TLS4c tank level sensors eliminates manual dipping while providing a state of the art interface with a web-based system, streamlining your wet stock management.

   Through the “Tipping Point” solicitation, NASA sought industry-developed space technologies that can foster the development of commercial space capabilities and benefit future NASA mission. A technology is considered at a tipping point if an investment in a demonstration will significantly mature the technology, increase the likelihood of infusion into a commercial space application and bring the technology to market for both government and commercial applications. The majority of the $370m funding will help mature cryogenic fluid management technologies via in-space demonstrations led by small business Eta Space, Lockheed Martin, SpaceX, and ULA.

    To make the fleet management systems easier to understand, Omnitracs XRS have broken this review down to look at several aspects of the services Omnitracs offers: First, look at their ELD systems overall, before narrowing in on their two main fleet services, Omnitracs XRS and Omnitracs IVG, to explain the differences. Each platform can be accessed by individual drivers through a mobile app on a phone or tablet, and also offers a centralized dashboard that fleet managers can use to track and control all available information. In addition to the basic features each platform offers, fleet managers can buy a plan that adds further features they may need. These features can allow for deeper, more comprehensive fleet management (for example, fuel tracking or driving habits) or can be personalized to better protect specific assets (for example, tracking when trailer doors are opened and shut). Our review covers the most important of these additional features.

   Market Segmentation On the Basis of Type is Measuring, Monitoring and Reporting. On the Basis of Application it has Road Transportation, Rail Transportation, Marine and Aircraft. On the Basis of Region it includes North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA). Asia Pacific dominates the global fuel management systems (FMS) market with maximum share. The region is also expected to outpace all others in terms of growth rate by registering a CAGR of 4.8% in the forecast period and thereby grow its dominant share to 41.8% by 2025. Due to the rapid industrialization and urbanization leading to considerable investment in navigation automation, fuel management systems, dynamic positioning of vessels, ballast water management, fuel consumption meters, and density and viscosity meters.

 


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