Europe Fuel Management System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Hardware, Controller, and Software), Function (Delivery, Storage), End- User (Mining, Construction and Ports, Transportation and Logistics, Oil and Gas, and Others)
Market Introduction
This research report on the “Europe Fuel Management System Market” provides a holistic view of the market size across Europe. The report further elucidates the key driving factors, restraints, growth opportunities, and future trends pertaining to the market growth.
The growth of this market is estimated to grow owing to key driving factors such as the expansion of the Europe fuel management system market is driven by the increased need for better fuel management to improve productivity and efficiency across various industry sectors. Furthermore, the rapid growth of e-commerce platforms to provide the best consumer experience has driven the supply and logistics industries to embrace sophisticated IoT technologies.
The COVID-19 pandemic in Europe has had a diverse impact on various nations, since only a few nations have seen an increase in the number of cases, resulting in stringent, long-term lockdown periods or social isolation standards. Because of their excellent healthcare systems, Western European nations such as Germany, France, Romania, and the United Kingdom have witnessed a comparably slight decline in their growth activities. These countries' governments have made major investments to improve the efficiency and effectiveness of illness diagnosis and treatment. According to the Centre for Strategic and International Studies, military expenditures in European nations is projected to fall as a result of COVID-19's worldwide financial crisis, resulting in fewer new transportation and logistics being adopted, affecting the fuel management system industry. According to CSIS, France, Spain, and Germany pay for a substantial portion of Europe's overall budget, and these countries are likely to bring down their budget allocations in 2021 due to macroeconomic situations. As a result, the COVID-19 had a significant impact across the European region.
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Market Overview and Dynamics
The Europe fuel management system market is expected to reach US$ 510.9 million by 2028 from US$ 269.7 million in 2021. The market is estimated to grow at a CAGR of 9.6% from 2021–2028. In fuel management systems, introducing cutting-edge technologies, such as the Internet of Things (IoT) and artificial intelligence (AI), will enhance demand and develop possibilities. The continued research and development efforts are assisting in developing sophisticated fuel management systems that benefit end users. Artificial intelligence can aid in properly measuring and tracking fuel stocks through an automated tank monitoring system. As a result, the fuel management system market is expected to be driven by the effective use of AI solutions to control the supply–demand gap and ensure the lowest fuel prices and environmental impact across the region during the forecast period.
Key Market Segments
In terms of component, the software segment accounted for the largest share of the Europe fuel management system market in 2020. In terms of end user, the transportation & logistics segment accounted for the largest share of the Europe fuel management system market in 2020. In terms of function, the delivery segment accounted for the largest share of the Europe fuel management system market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the fuel management system market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Chevin Fleet Solutions, Franklin Fuelling Systems, Gilbarco Inc., Navig8, Piusi S.p.A., OPW Fuel Management Systems, Orpak Systems Ltd.
Reasons to Buy Report
- To understand the Europe fuel management system market landscape and identify market segments that are likely to guarantee a strong return
- To comprehend the ever-changing market landscape and stay ahead in competition
- To efficiently plan merger and acquisition, and partnership deals in the Europe fuel management system market by identifying segments with the most promising probable sales
- To make knowledgeable business decisions from perceptive and comprehensive analysis of the market performance of various segments
- To obtain market revenue forecast of the Europe fuel management system market based on various segments for the period 2021–2028
EUROPE FUEL MANAGEMENT SYSTEM MARKET SEGMENTATION
By Component
- Software
- Hardware
- Controller
By Function
- Delivery
- Storage
By End User
- Mining
- Construction And Ports
- Transportation & Logistics
- Oil & Gas
- Others
By Country
- Europe
- Germany
- Austria
- France
- Spain
- Italy
- Romania
- Switzerland
- Rest of Europe
Companies Mentioned
- Chevin Fleet Solutions
- Franklin Fuelling Systems
- Gilbarco Inc.
- Navig8
- Piusi S.p.A.
- OPW Fuel Management Systems
- Orpak Systems Ltd.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Fuel Management System Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe – PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Fuel Management System Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Growing Demand for Monitoring and Controlling Fuel Consumption
5.1.2 Increasing Cases of Fuel Theft
5.2 Key Market Restraints
5.2.1 Concerns Regarding Lack of Skilled Laborers
5.3 Key Market Opportunities
5.3.1 Incorporation of AI
5.4 Future Trends
5.4.1 Real-Time Monitoring
5.5 Impact Analysis of Drivers and Restraints
6. Fuel Management System Market – Europe Analysis
6.1 Fuel Management System Market – Europe Revenue and Forecast to 2028 (US$ Million)
7. Fuel Management System Market Analysis – By Component
7.1 Overview
7.2 Fuel Management System Market, By Component (2020 and 2028)
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Software
7.4.1 Overview
7.4.2 Software: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Controller
7.5.1 Overview
7.5.2 Controller: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
8. Fuel Management System Market – By Function
8.1 Overview
8.2 Fuel Management System Market, by Function (2020 and 2028)
8.3 Delivery
8.3.1 Overview
8.3.2 Delivery: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Storage
8.4.1 Overview
8.4.2 Storage: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
9. Fuel Management System Market – By End- User
9.1 Overview
9.2 Fuel Management System Market, by End- User (2020 and 2028)
9.3 Mining
9.3.1 Overview
9.3.2 Mining: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Construction and Ports
9.4.1 Overview
9.4.2 Construction and Ports: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Transportation and Logistics
9.5.1 Overview
9.5.2 Transportation and Logistics: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Oil and Gas
9.6.1 Overview
9.6.2 Oil and Gas: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
10. Fuel Management System Market – Geographic Analysis
10.1 Europe: Fuel Management System Market
10.1.1 Europe: Fuel Management System Market- By Function
10.1.2 Europe: Fuel Management System Market- By End- User
10.1.3 Europe: Fuel Management System Market- by Key Country
10.1.3.1 Germany: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.3.1.1 Germany: Fuel Management System Market- by Component
10.1.3.1.2 Germany: Fuel Management System Market- By Function
10.1.3.1.3 Germany: Fuel Management System Market- By End- User
10.1.3.2 France: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.3.2.1 France: Fuel Management System Market- by Component
10.1.3.2.2 France: Fuel Management System Market- By Function
10.1.3.2.3 France: Fuel Management System Market- By End- User
10.1.3.3 Italy: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.3.3.1 Italy: Fuel Management System Market- by Component
10.1.3.3.2 Italy: Fuel Management System Market- By Function
10.1.3.3.3 Italy: Fuel Management System Market- By End- User
10.1.3.4 Spain: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.3.4.1 Spain: Fuel Management System Market- by Component
10.1.3.4.2 Spain: Fuel Management System Market- By Function
10.1.3.4.3 Spain: Fuel Management System Market- By End- User
10.1.3.5 Austria: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.3.5.1 Austria: Fuel Management System Market- by Component
10.1.3.5.2 Austria: Fuel Management System Market- By Function
10.1.3.5.3 Austria: Fuel Management System Market- By End- User
10.1.3.6 Switzerland: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.3.6.1 Switzerland: Fuel Management System Market- by Component
10.1.3.6.2 Switzerland: Fuel Management System Market- By Function
10.1.3.6.3 Switzerland: Fuel Management System Market- By End- User
10.1.3.7 Romania: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.3.7.1 Romania: Fuel Management System Market- by Component
10.1.3.7.2 Romania: Fuel Management System Market- By Function
10.1.3.7.3 Romania: Fuel Management System Market- By End- User
10.1.3.8 Rest of Europe: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.3.8.1 Rest of Europe: Fuel Management System Market- by Component
10.1.3.8.2 Rest of Europe: Fuel Management System Market- By Function
10.1.3.8.3 Rest of Europe: Fuel Management System Market- By End- User
11. Fuel Management System Market- COVID-19 Impact Analysis
11.1 Europe
12. Fuel Management System Market-Industry Landscape
12.1 Overview
12.2 Market Initiative
13. Company Profiles
13.1 Chevin Fleet Solutions
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Franklin Fueling Systems
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Gilbarco Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Navig8
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Piusi S.p.A.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 OPW Fuel Management Systems
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Orpak Systems Ltd.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Europe: Fuel Management System Market- by Component – Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe: Fuel Management System Market- By Function – Revenue and Forecast to 2028 (US$ Million)
Table 3. Europe: Fuel Management System Market- By End- User – Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: Fuel Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany: Fuel Management System Market- By Function –Revenue and Forecast to 2028 (US$ Million)
Table 6. Germany: Fuel Management System Market- By End- User –Revenue and Forecast to 2028 (US$ Million)
Table 7. France: Fuel Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)
Table 8. France: Fuel Management System Market- By Function –Revenue and Forecast to 2028 (US$ Million)
Table 9. France: Fuel Management System Market- By End- User –Revenue and Forecast to 2028 (US$ Million)
Table 10. Italy: Fuel Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)
Table 11. Italy: Fuel Management System Market- By Function –Revenue and Forecast to 2028 (US$ Million)
Table 12. Italy: Fuel Management System Market- By End- User –Revenue and Forecast to 2028 (US$ Million)
Table 13. Spain: Fuel Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)
Table 14. Spain: Fuel Management System Market- By Function –Revenue and Forecast to 2028 (US$ Million)
Table 15. Spain: Fuel Management System Market- By End- User –Revenue and Forecast to 2028 (US$ Million)
Table 16. Austria: Fuel Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)
Table 17. Austria: Fuel Management System Market- By Function –Revenue and Forecast to 2028 (US$ Million)
Table 18. Austria: Fuel Management System Market- By End- User –Revenue and Forecast to 2028 (US$ Million)
Table 19. Switzerland: Fuel Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)
Table 20. Switzerland: Fuel Management System Market- By Function –Revenue and Forecast to 2028 (US$ Million)
Table 21. Switzerland: Fuel Management System Market- By End- User –Revenue and Forecast to 2028 (US$ Million)
Table 22. Romania: Fuel Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)
Table 23. Romania: Fuel Management System Market- By Function –Revenue and Forecast to 2028 (US$ Million)
Table 24. Romania: Fuel Management System Market- By End- User –Revenue and Forecast to 2028 (US$ Million)
Table 25. Rest of Europe: Fuel Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)
Table 26. Rest of Europe: Fuel Management System Market- By Function –Revenue and Forecast to 2028 (US$ Million)
Table 27. Rest of Europe: Fuel Management System Market- By End- User –Revenue and Forecast to 2028 (US$ Million)
Table 28. List of Abbreviation
LIST OF FIGURES
Figure 1. Fuel Management System Market Segmentation
Figure 2. Europe Fuel Management System Market Overview
Figure 3. Software Segment Held the Largest Market Share in 2020
Figure 4. Germany was the Largest Revenue Contributor in 2020
Figure 5. Europe – PEST Analysis
Figure 6. Fuel Management System Market– Ecosystem Analysis
Figure 7. Expert Opinion
Figure 8. Fuel Management System Market: Impact Analysis of Drivers and Restraints
Figure 9. Europe Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10. Fuel Management System Market Revenue Share, by Component (2020 and 2028)
Figure 11. Hardware: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Software: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Controller: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Fuel Management System Market Revenue Share, by Function (2020 and 2028)
Figure 15. Benchtop Spectroscopes: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Storage: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Fuel Management System Market Revenue Share, by End- User (2020 and 2028)
Figure 18. Mining: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Construction and Ports: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Transportation and Logistics: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Oil and Gas: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Others: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe: Fuel Management System Market Revenue Share, By Function (2020 and 2028)
Figure 24. Europe: Fuel Management System Market Revenue Share, By End- User (2020 and 2028)
Figure 25. Europe: Fuel Management System Market Revenue Share, By Key Country (2020 and 2028)
Figure 26. Germany: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. France: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Italy: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Spain: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Austria: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Switzerland: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Romania: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Rest of Europe: Fuel Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Impact of COVID-19 Pandemic in Europe Country Markets
- Chevin Fleet Solutions
- Franklin Fuelling Systems
- Gilbarco Inc.
- Navig8
- Piusi S.p.A.
- OPW Fuel Management Systems
- Orpak Systems Ltd.
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