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.
We 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.
TABLE OF CONTENTS
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
LIST OF TABLES & FIGURES
List of Tables
Table 1. Marine Fuel Optimization Market Opportunities & Trends in Global Market
Table 2. Marine Fuel Optimization Market Drivers in Global Market
Table 3. Marine Fuel Optimization Market Restraints in Global Market
Table 4. Key Players of Marine Fuel Optimization in Global Market
Table 5. Top Marine Fuel Optimization Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Marine Fuel Optimization Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Marine Fuel Optimization Revenue Share by Companies, 2018-2023
Table 8. Global Companies Marine Fuel Optimization Product Type
Table 9. List of Global Tier 1 Marine Fuel Optimization Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Marine Fuel Optimization Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Technology ? Global Marine Fuel Optimization Revenue, (US$, Mn), 2022 & 2029
Table 12. By Technology - Marine Fuel Optimization Revenue in Global (US$, Mn), 2018-2023
Table 13. By Technology - Marine Fuel Optimization Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Marine Fuel Optimization Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Marine Fuel Optimization Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Marine Fuel Optimization Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Marine Fuel Optimization Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Marine Fuel Optimization Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Marine Fuel Optimization Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Marine Fuel Optimization Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Marine Fuel Optimization Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Marine Fuel Optimization Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Marine Fuel Optimization Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Marine Fuel Optimization Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Marine Fuel Optimization Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Marine Fuel Optimization Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Marine Fuel Optimization Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Marine Fuel Optimization Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Marine Fuel Optimization Revenue, (US$, Mn), 2024-2029
Table 30. DNV GL Company Summary
Table 31. DNV GL Marine Fuel Optimization Product Offerings
Table 32. DNV GL Marine Fuel Optimization Revenue (US$, Mn) & (2018-2023)
Table 33. DNV GL Key News & Latest Developments
Table 34. Abb Company Summary
Table 35. Abb Marine Fuel Optimization Product Offerings
Table 36. Abb Marine Fuel Optimization Revenue (US$, Mn) & (2018-2023)
Table 37. Abb Key News & Latest Developments
Table 38. Siemens Company Summary
Table 39. Siemens Marine Fuel Optimization Product Offerings
Table 40. Siemens Marine Fuel Optimization Revenue (US$, Mn) & (2018-2023)
Table 41. Siemens Key News & Latest Developments
Table 42. Eniram Company Summary
Table 43. Eniram Marine Fuel Optimization Product Offerings
Table 44. Eniram Marine Fuel Optimization Revenue (US$, Mn) & (2018-2023)
Table 45. Eniram Key News & Latest Developments
Table 46. Nautical Control Solutions Company Summary
Table 47. Nautical Control Solutions Marine Fuel Optimization Product Offerings
Table 48. Nautical Control Solutions Marine Fuel Optimization Revenue (US$, Mn) & (2018-2023)
Table 49. Nautical Control Solutions Key News & Latest Developments
Table 50. The Emerson Electric Company Company Summary
Table 51. The Emerson Electric Company Marine Fuel Optimization Product Offerings
Table 52. The Emerson Electric Company Marine Fuel Optimization Revenue (US$, Mn) & (2018-2023)
Table 53. The Emerson Electric Company Key News & Latest Developments
Table 54. Interschalt Maritime Systems Company Summary
Table 55. Interschalt Maritime Systems Marine Fuel Optimization Product Offerings
Table 56. Interschalt Maritime Systems Marine Fuel Optimization Revenue (US$, Mn) & (2018-2023)
Table 57. Interschalt Maritime Systems Key News & Latest Developments
Table 58. Banlaw Systems Company Summary
Table 59. Banlaw Systems Marine Fuel Optimization Product Offerings
Table 60. Banlaw Systems Marine Fuel Optimization Revenue (US$, Mn) & (2018-2023)
Table 61. Banlaw Systems Key News & Latest Developments
Table 62. Bergan Blue Company Summary
Table 63. Bergan Blue Marine Fuel Optimization Product Offerings
Table 64. Bergan Blue Marine Fuel Optimization Revenue (US$, Mn) & (2018-2023)
Table 65. Bergan Blue Key News & Latest Developments
Table 66. Krill Systems Company Summary
Table 67. Krill Systems Marine Fuel Optimization Product Offerings
Table 68. Krill Systems Marine Fuel Optimization Revenue (US$, Mn) & (2018-2023)
Table 69. Krill Systems Key News & Latest Developments
List of Figures
Figure 1. Marine Fuel Optimization Segment by Technology in 2022
Figure 2. Marine Fuel Optimization Segment by Application in 2022
Figure 3. Global Marine Fuel Optimization Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Marine Fuel Optimization Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Marine Fuel Optimization Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Marine Fuel Optimization Revenue in 2022
Figure 8. By Technology - Global Marine Fuel Optimization Revenue Market Share, 2018-2029
Figure 9. By Application - Global Marine Fuel Optimization Revenue Market Share, 2018-2029
Figure 10. By Technology - Global Marine Fuel Optimization Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Technology - Global Marine Fuel Optimization Revenue Market Share, 2018-2029
Figure 12. By Application - Global Marine Fuel Optimization Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Marine Fuel Optimization Revenue Market Share, 2018-2029
Figure 14. By Region - Global Marine Fuel Optimization Revenue Market Share, 2018-2029
Figure 15. By Country - North America Marine Fuel Optimization Revenue Market Share, 2018-2029
Figure 16. US Marine Fuel Optimization Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Marine Fuel Optimization Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Marine Fuel Optimization Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Marine Fuel Optimization Revenue Market Share, 2018-2029
Figure 20. Germany Marine Fuel Optimization Revenue, (US$, Mn), 2018-2029
Figure 21. France Marine Fuel Optimization Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Marine Fuel Optimization Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Marine Fuel Optimization Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Marine Fuel Optimization Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Marine Fuel Optimization Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Marine Fuel Optimization Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Marine Fuel Optimization Revenue Market Share, 2018-2029
Figure 28. China Marine Fuel Optimization Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Marine Fuel Optimization Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Marine Fuel Optimization Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Marine Fuel Optimization Revenue, (US$, Mn), 2018-2029
Figure 32. India Marine Fuel Optimization Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Marine Fuel Optimization Revenue Market Share, 2018-2029
Figure 34. Brazil Marine Fuel Optimization Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Marine Fuel Optimization Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Marine Fuel Optimization Revenue Market Share, 2018-2029
Figure 37. Turkey Marine Fuel Optimization Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Marine Fuel Optimization Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Marine Fuel Optimization Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Marine Fuel Optimization Revenue, (US$, Mn), 2018-2029
Figure 41. DNV GL Marine Fuel Optimization Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Abb Marine Fuel Optimization Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Siemens Marine Fuel Optimization Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Eniram Marine Fuel Optimization Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Nautical Control Solutions Marine Fuel Optimization Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. The Emerson Electric Company Marine Fuel Optimization Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. Interschalt Maritime Systems Marine Fuel Optimization Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Banlaw Systems Marine Fuel Optimization Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Bergan Blue Marine Fuel Optimization Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. Krill Systems Marine Fuel Optimization Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
