Marine Fuel Optimization Market, Global Outlook and Forecast 2023-2029

Report ID: MMG88426 | Category: Service & Software | Pages: 65 | Format: PDF | Published Date: April 04,2023

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Report Summary

Marine Fuel Optimization is a multi-level approach to measuring, monitoring, and reporting fuel usageon a boat or ship, with the goals of reducing fuel usage, increasing operational efficiency, and improving fleet management oversight. Marine Fuel Optimization as grown in importance due to the rising costs of marine fuel and increased governmental stresses to reduce the pollution generated by the world's fleet.
This report aims to provide a comprehensive presentation of the global market for Marine Fuel Optimization, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Marine Fuel Optimization. This report contains market size and forecasts of Marine Fuel Optimization in global, including the following market information:
Global Marine Fuel Optimization Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Marine Fuel Optimization market was valued at US$ 1169.6 million in 2022 and is projected to reach US$ 1463.4 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Marine Fuel Optimization includes Throttle Optimization, Fuel Theft Detection, Tank Levels Monitoring and Bunker & Fuel Transfers, etc. Vessel operators have the most control over fuel usage by the way they use the engine(s) throttle. Wind, current, hull condition, load, and propulsion system health can all impact fuel burn both positively or negatively. Some modern fuel optimization systems are designed to perform these calculations while underway and make recommendations to the vessel master. In some parts of the world, fuel theft is an ongoing concern. Consequently, the accurate measurement of fuel taken on board coupled with the fuel actually consumed by engines and generators, is an important part of Marine Fuel Optimization.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Marine Fuel Optimization companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Marine Fuel Optimization Market, by Technology, 2018-2023, 2024-2029 ($ millions)
Global Marine Fuel Optimization Market Segment Percentages, by Technology, 2022 (%)
    Throttle Optimization
    Fuel Theft Detection
    Tanks Level Monitoring
    Others
Global Marine Fuel Optimization Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Marine Fuel Optimization Market Segment Percentages, by Application, 2022 (%)
    Fuel Consumption
    Fleet Management
    Cross Fleet Standardization
    Others
Global Marine Fuel Optimization Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Marine Fuel Optimization Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Marine Fuel Optimization revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Marine Fuel Optimization revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    DNV GL
    Abb
    Siemens
    Eniram
    Nautical Control Solutions
    The Emerson Electric Company
    Interschalt Maritime Systems
    Banlaw Systems
    Bergan Blue
    Krill Systems
Outline of Major Chapters:
Chapter 1: Introduces the definition of Marine Fuel Optimization, market overview.
Chapter 2: Global Marine Fuel Optimization market size in revenue.
Chapter 3: Detailed analysis of Marine Fuel Optimization company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by technology, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Marine Fuel Optimization in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Marine Fuel Optimization Market Definition
    1.2 Market Segments
        1.2.1 Market by Technology
        1.2.2 Market by Application
    1.3 Global Marine Fuel Optimization Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Marine Fuel Optimization Overall Market Size
    2.1 Global Marine Fuel Optimization Market Size: 2022 VS 2029
    2.2 Global Marine Fuel Optimization Market Size, Prospects & Forecasts: 2018-2029
    2.3 Key Market Trends, Opportunity, Drivers and Restraints
        2.3.1 Market Opportunities & Trends
        2.3.2 Market Drivers
        2.3.3 Market Restraints
3 Company Landscape
    3.1 Top Marine Fuel Optimization Players in Global Market
    3.2 Top Global Marine Fuel Optimization Companies Ranked by Revenue
    3.3 Global Marine Fuel Optimization Revenue by Companies
    3.4 Top 3 and Top 5 Marine Fuel Optimization Companies in Global Market, by Revenue in 2022
    3.5 Global Companies Marine Fuel Optimization Product Type
    3.6 Tier 1, Tier 2 and Tier 3 Marine Fuel Optimization Players in Global Market
        3.6.1 List of Global Tier 1 Marine Fuel Optimization Companies
        3.6.2 List of Global Tier 2 and Tier 3 Marine Fuel Optimization Companies
4 Market Sights by Product
    4.1 Overview
        4.1.1 By Technology - Global Marine Fuel Optimization Market Size Markets, 2022 & 2029
        4.1.2 Throttle Optimization
        4.1.3 Fuel Theft Detection
        4.1.4 Tanks Level Monitoring
        4.1.5 Others
    4.2 By Technology - Global Marine Fuel Optimization Revenue & Forecasts
        4.2.1 By Technology - Global Marine Fuel Optimization Revenue, 2018-2023
        4.2.2 By Technology - Global Marine Fuel Optimization Revenue, 2024-2029
        4.2.3 By Technology - Global Marine Fuel Optimization Revenue Market Share, 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Marine Fuel Optimization Market Size, 2022 & 2029
        5.1.2 Fuel Consumption
        5.1.3 Fleet Management
        5.1.4 Cross Fleet Standardization
        5.1.5 Others
    5.2 By Application - Global Marine Fuel Optimization Revenue & Forecasts
        5.2.1 By Application - Global Marine Fuel Optimization Revenue, 2018-2023
        5.2.2 By Application - Global Marine Fuel Optimization Revenue, 2024-2029
        5.2.3 By Application - Global Marine Fuel Optimization Revenue Market Share, 2018-2029
6 Sights by Region
    6.1 By Region - Global Marine Fuel Optimization Market Size, 2022 & 2029
    6.2 By Region - Global Marine Fuel Optimization Revenue & Forecasts
        6.2.1 By Region - Global Marine Fuel Optimization Revenue, 2018-2023
        6.2.2 By Region - Global Marine Fuel Optimization Revenue, 2024-2029
        6.2.3 By Region - Global Marine Fuel Optimization Revenue Market Share, 2018-2029
    6.3 North America
        6.3.1 By Country - North America Marine Fuel Optimization Revenue, 2018-2029
        6.3.2 US Marine Fuel Optimization Market Size, 2018-2029
        6.3.3 Canada Marine Fuel Optimization Market Size, 2018-2029
        6.3.4 Mexico Marine Fuel Optimization Market Size, 2018-2029
    6.4 Europe
        6.4.1 By Country - Europe Marine Fuel Optimization Revenue, 2018-2029
        6.4.2 Germany Marine Fuel Optimization Market Size, 2018-2029
        6.4.3 France Marine Fuel Optimization Market Size, 2018-2029
        6.4.4 U.K. Marine Fuel Optimization Market Size, 2018-2029
        6.4.5 Italy Marine Fuel Optimization Market Size, 2018-2029
        6.4.6 Russia Marine Fuel Optimization Market Size, 2018-2029
        6.4.7 Nordic Countries Marine Fuel Optimization Market Size, 2018-2029
        6.4.8 Benelux Marine Fuel Optimization Market Size, 2018-2029
    6.5 Asia
        6.5.1 By Region - Asia Marine Fuel Optimization Revenue, 2018-2029
        6.5.2 China Marine Fuel Optimization Market Size, 2018-2029
        6.5.3 Japan Marine Fuel Optimization Market Size, 2018-2029
        6.5.4 South Korea Marine Fuel Optimization Market Size, 2018-2029
        6.5.5 Southeast Asia Marine Fuel Optimization Market Size, 2018-2029
        6.5.6 India Marine Fuel Optimization Market Size, 2018-2029
    6.6 South America
        6.6.1 By Country - South America Marine Fuel Optimization Revenue, 2018-2029
        6.6.2 Brazil Marine Fuel Optimization Market Size, 2018-2029
        6.6.3 Argentina Marine Fuel Optimization Market Size, 2018-2029
    6.7 Middle East & Africa
        6.7.1 By Country - Middle East & Africa Marine Fuel Optimization Revenue, 2018-2029
        6.7.2 Turkey Marine Fuel Optimization Market Size, 2018-2029
        6.7.3 Israel Marine Fuel Optimization Market Size, 2018-2029
        6.7.4 Saudi Arabia Marine Fuel Optimization Market Size, 2018-2029
        6.7.5 UAE Marine Fuel Optimization Market Size, 2018-2029
7 Marine Fuel Optimization Companies Profiles
    7.1 DNV GL
        7.1.1 DNV GL Company Summary
        7.1.2 DNV GL Business Overview
        7.1.3 DNV GL Marine Fuel Optimization Major Product Offerings
        7.1.4 DNV GL Marine Fuel Optimization Revenue in Global Market (2018-2023)
        7.1.5 DNV GL Key News & Latest Developments
    7.2 Abb
        7.2.1 Abb Company Summary
        7.2.2 Abb Business Overview
        7.2.3 Abb Marine Fuel Optimization Major Product Offerings
        7.2.4 Abb Marine Fuel Optimization Revenue in Global Market (2018-2023)
        7.2.5 Abb Key News & Latest Developments
    7.3 Siemens
        7.3.1 Siemens Company Summary
        7.3.2 Siemens Business Overview
        7.3.3 Siemens Marine Fuel Optimization Major Product Offerings
        7.3.4 Siemens Marine Fuel Optimization Revenue in Global Market (2018-2023)
        7.3.5 Siemens Key News & Latest Developments
    7.4 Eniram
        7.4.1 Eniram Company Summary
        7.4.2 Eniram Business Overview
        7.4.3 Eniram Marine Fuel Optimization Major Product Offerings
        7.4.4 Eniram Marine Fuel Optimization Revenue in Global Market (2018-2023)
        7.4.5 Eniram Key News & Latest Developments
    7.5 Nautical Control Solutions
        7.5.1 Nautical Control Solutions Company Summary
        7.5.2 Nautical Control Solutions Business Overview
        7.5.3 Nautical Control Solutions Marine Fuel Optimization Major Product Offerings
        7.5.4 Nautical Control Solutions Marine Fuel Optimization Revenue in Global Market (2018-2023)
        7.5.5 Nautical Control Solutions Key News & Latest Developments
    7.6 The Emerson Electric Company
        7.6.1 The Emerson Electric Company Company Summary
        7.6.2 The Emerson Electric Company Business Overview
        7.6.3 The Emerson Electric Company Marine Fuel Optimization Major Product Offerings
        7.6.4 The Emerson Electric Company Marine Fuel Optimization Revenue in Global Market (2018-2023)
        7.6.5 The Emerson Electric Company Key News & Latest Developments
    7.7 Interschalt Maritime Systems
        7.7.1 Interschalt Maritime Systems Company Summary
        7.7.2 Interschalt Maritime Systems Business Overview
        7.7.3 Interschalt Maritime Systems Marine Fuel Optimization Major Product Offerings
        7.7.4 Interschalt Maritime Systems Marine Fuel Optimization Revenue in Global Market (2018-2023)
        7.7.5 Interschalt Maritime Systems Key News & Latest Developments
    7.8 Banlaw Systems
        7.8.1 Banlaw Systems Company Summary
        7.8.2 Banlaw Systems Business Overview
        7.8.3 Banlaw Systems Marine Fuel Optimization Major Product Offerings
        7.8.4 Banlaw Systems Marine Fuel Optimization Revenue in Global Market (2018-2023)
        7.8.5 Banlaw Systems Key News & Latest Developments
    7.9 Bergan Blue
        7.9.1 Bergan Blue Company Summary
        7.9.2 Bergan Blue Business Overview
        7.9.3 Bergan Blue Marine Fuel Optimization Major Product Offerings
        7.9.4 Bergan Blue Marine Fuel Optimization Revenue in Global Market (2018-2023)
        7.9.5 Bergan Blue Key News & Latest Developments
    7.10 Krill Systems
        7.10.1 Krill Systems Company Summary
        7.10.2 Krill Systems Business Overview
        7.10.3 Krill Systems Marine Fuel Optimization Major Product Offerings
        7.10.4 Krill Systems Marine Fuel Optimization Revenue in Global Market (2018-2023)
        7.10.5 Krill Systems Key News & Latest Developments
8 Conclusion
9 Appendix
    9.1 Note
    9.2 Examples of Clients
    9.3 Disclaimer

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Marine Fuel Optimization Market, Global Outlook and Forecast 2023-2029

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