The automotive and transportation industry is characterized by constant innovation in the integration of various advanced technologies aimed at increasing the convenience and safety of consumers and goods. Industry participants range from raw material suppliers, automotive OEMs, distributors and assemblers to aftermarket players providing a wide range of products and technologies for light commercial vehicles, HCV vehicles.
How important is the fuel monitoring system on board offshore support vessels?
Market Drivers: Growing Focus on Improving the Energy Efficiency of Support Vessels Drives Market Growth
Growing global warming has led to the need to reduce greenhouse gas emissions. Therefore, manufacturers are focusing on designing fuel efficient support vessels to reduce the environmental footprint of harmful emissions. The fuel monitoring system provides real-time data, which aids in the management of vessel operations and speed, and reduces fuel consumption and harmful gas emissions. In addition, fuel monitoring systems also enable the collection and analysis of daily reports and vessel energy efficiency plans for better decision making and better understanding of vessel performance.
Offshore Support Vessels Fuel Monitoring Systems Market Main key suppliers ( ABB, Ascenz Solutions Pte Ltd., Aquametro Oil & Marine AG, BOURBON, CMR Group, DNV GL, EMA Group (BlueTracker), Emerson Electric Co., Ian-Conrad Bergan, LLC (Bergan Blue), Insatech A / S, Krill Systems, Inc., KROHNE Messtechnik GmbH, Marorka Ehf., Nautical Control Solutions (FUELTRAX), Navis, Opsealog, Power Instruments Pte Ltd., Royston Limited, The Triscan Group, World Fuel Services Corporation and Yxney Maritime AS.). Ultimately, 4 key segments are covered in this market report: Competitors Segment, Product Type Segment, End Use / Application Segment, and Geographic Segment.
The performance optimization segment generated revenue of US $ 241.0 million in 2017 and is expected to post a CAGR of 6.5% during the forecast period. Performance optimization helps increase the efficiency of offshore vessels by monitoring fuel consumption measured by mass flow meters, shaft power measured by a torque meter, and generator power measured by power meters. All measured data is collected, displayed, stored and distributed automatically by the system to help monitor vessel performance.
Offshore Support Vessels Fuel Monitoring System Market Taxonomy
Global Offshore Support Vessels Fuel Monitoring System Market, By Vessel Type:
Anchor Handling Towing and Supply Vessel (AHTS)
Platform Supply Vessel (PSV)
Well intervention vessel
Diving Assistance Vessel (DSV)
Inspection, maintenance and repair (IMR) vessel
Remote Operation Vessel (ROV)
Global Offshore Support Vessels Fuel Monitoring System Market, By Component:
Training, maintenance and support
Global Offshore Support Vessels Fuel Monitoring System Market, By Application:
Frequently Asked Questions (FAQ):
Is the offshore support vessel fuel monitoring systems market booming in the near future?
Yes, Global Offshore Support Vessel Fuel Monitoring System Market Expected To Be $ 910.2 Million By 2026
Who are the major players in the offshore support vessel fuel monitoring systems market across the globe? Can I add a specific company?
Yes you can add Specific company up to 3Companies.
Companies covered in this study include: ABB, Ascenz Solutions Pte Ltd., Aquametro Oil & Marine AG, BOURBON, CMR Group, DNV GL, EMA Group (BlueTracker), Emerson Electric Co., Ian-Conrad Bergan, LLC (Bergan Blue), Insatech A / S, Krill Systems, Inc., KROHNE Messtechnik GmbH, Marorka Ehf., Nautical Control Solutions (FUELTRAX), Navis, Opsealog, Power Instruments Pte Ltd., Royston Limited, The Triscan Group, World Fuel Services Corporation, and Yxney Maritime AS.,
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