Europe Fuel Card Market: The Next Industrial Revolution - Big Corporations Strategies Explored Engen Petroleum Ltd., Exxon Mobil Corporation, FirstRand Bank Limited, FleetCor Technologies Inc.
Increasing adoption of prepaid cards, rising preference for digital payments, and the growing demand for fuel cards in transportation & logistics industries are the key factors contributing to the growth of the industry. However, security issues regarding fuel cards would limit the growth of the market. On the other hand, technological advancements, improved convenience, and growth in prepaid & contactless card industry would create new opportunities in the future.Get Sample Report - www.alliedmarketresearch.com/request-sample/5040?utm_source=OPR
This report provides a detailed analysis of the changing market trends, key drivers & opportunities, investment pockets, competitive intelligence, and estimations for the forecast period. According to the report, the Europe fuel card market garnered $257.2 billion in 2017 and is expected to reach $374.5 billion by 2025, growing a CAGR of 5.0% from 2018 to 2025.
Fuel refill application segment to dominate through 2025
The fuel refill application segment accounted for nearly half of the total market share in 2017 and would remain dominant by 2025. The report also analyzes parking, vehicle service, and toll charge applications. The other applications segment, which comprises fuel cards used to manage expenses related to spare parts, accessories, and others would register the highest CAGR of 7.2% during the forecast period as an adoption of fuel card for value-added services would grow significantly in future.
Competitive Analysis of Leading Market Players
-BP PLC
-Engen Petroleum Ltd.
-Exxon Mobil Corporation
-FirstRand Bank Limited
-FleetCor Technologies, Inc.
-Libya Oil Holdings Ltd.
-Puma Energy
-Royal Dutch Shell plc
-U.S. Bancorp
-WEX Inc.
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Points Covered in European Fuel Card Market are -
- European Fuel Card Market Overview.
- Fuel Card Manufacturing Cost Structure Analysis.
- Specialized Data and Manufacturing Plants Analysis.
- Provincial European Fuel Card Market Analysis.
- European Fuel Card Market Development Trend and Consumers Analysis.
- The Years Considered To Estimate The Future European Fuel Card Market Size.
- Gives The Production, Revenue, Price, European Fuel Card Market Share, and Growth Rate.
- The European Fuel Card Market for partners by distinguishing the high development fragments.
- Technological innovations and pinpoint analysis for ever-changing competitive dynamics.
- Clear Understanding of the European Fuel Card Market supported growth, constraints, opportunities, utility study.
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