openPR Logo
Press release

Fuel Cards Market projected to reach $842,410 million with CAGR of 5.3% by 2023| British Petroleum, FleetCor, U.S. Bancorp, Wex Inc.

07-15-2019 04:15 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Premium Market Insights

Fuel Cards Market projected to reach $842,410 million with CAGR

According to a new report published by Publisher, titled, Fuel Cards Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 20172023, the global fuel cards market was valued at $595,720 million in 2016, and is projected to reach $842,410 million by 2023, growing at a CAGR of 5.3% from 2017 to 2023.
A fuel card refers to reloadable prepaid card that is used for making payment of expenses related to a vehicle such as fuel filling, vehicle servicing, vehicle maintenance, and others. These cards are gaining popularity owing to the benefits offered such as comprehensive reporting for the fleet of corporates that provide real-time expense track of these fleets.

Get Sample Copy for More Information at: https://www.premiummarketinsights.com/sample/AMR00013661

In addition, implementation of fuel cards eliminates manual tasks such as auditing and submission of receipts while profiting the corporate with discounted fuel price offers.

The growth of the fuel card market is driven by the transforming customer experience, owing to rise in adoption of prepaid cards among millennial population. Moreover, increase in preference towards payment digitization and influence of Internet of Things supplement the fuel cards market growth. However, lag of innovation within the fuel card product offerings as compared to that of other payment cards restrains the fuel cards market growth. The benefits and convenience offered by fuel cards is expected to provide opportunities for the market in the years to come.

The global fuel card market is segmented based on Type, application, and geography. On the basis of Type, the fuel cards market is divided into branded, universal, and merchant fuel cards. Applications covered in the study include fuel refill, parking, vehicle service, toll charge, and other. Geographically, the fuel cards market is analyzed across North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

Major companies profiled in the report include Royal Dutch Shell, ExxonMobil, British Petroleum, FleetCor, U.S. Bancorp, Wex Inc., Oilibya, Puma Energy, Engen, and First National Bank.

Get Exclusive Discount at: https://www.premiummarketinsights.com/discount/AMR00013661

KEY BENEFITS FOR STAKEHOLDERS

the report provides an extensive analysis of the current market trends, future estimations, and dynamics of the global fuel cards market.
In-depth analysis of the fuel cards industry is conducted based on market estimations of key market segments from 2016 to 2023.
Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the fuel cards market framework.
Comprehensive analysis of all regions assists in determining the prevailing opportunities across geographies.

TABLE OF CONTENTS
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Fuel Cards Market by Type
Chapter 5 Fuel Cards Market by Application
Chapter 6 Fuel Cards Market, by Region
Chapter 7 Company Profiles

Contact Info:
Name: Sameer Joshi
Email: sales@premiummarketinsights.com
Organization: Premium Market Insights
Phone: +1-646-491-9876

About Premium Market Insights:
Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Fuel Cards Market projected to reach $842,410 million with CAGR of 5.3% by 2023| British Petroleum, FleetCor, U.S. Bancorp, Wex Inc. here

News-ID: 1804308 • Views:

More Releases from Premium Market Insights

Third Party Logistics Market report explores the huge growth in future scope 2022-2030
Third Party Logistics Market report explores the huge growth in future scope 202 …
The Third party logistics market was valued at US$ 1273.11 million in 2022 and is projected to reach US$ 1929.18 million by 2030; it is expected to register a CAGR of 5.33% during 2022-2030. Get Sample Pdf: https://www.premiummarketinsights.com/sample/TIP00003743?utm_source=OpenPr&utm_medium=10640 The e-commerce ensures timely delivery and if the goods or products are returned then the company has to manage all the operations in reverse logistics. In the e-commerce business, 3PL provider deliver flexibility &
HVAC System Market 2022 Best Workable Strategy That Will Help to Boost your Revenue Till 2028
HVAC System Market 2022 Best Workable Strategy That Will Help to Boost your Reve …
The HVAC system market analysis is projected to reach 579.75 million by 2030 from US$ 246.10 billion in 2022 at a CAGR of 11.3% from 2022 to 2028. Get Sample Pdf: https://www.premiummarketinsights.com/sample/TIP00073598?utm_source=OpenPr&utm_medium=10640 The usage of air conditioners is our safeguard once the common temperature increases. However, many people are seen to be aware of how necessary it is to decide on an air conditioner unit and the way how it is important
HVAC chillers Market Dynamic Growth Factors, COVID-19 impact on Industry Share and Outlook 2021-2028
HVAC chillers Market Dynamic Growth Factors, COVID-19 impact on Industry Share a …
The HVAC chillers market is expected to grow from US$ 9,425.53 million in 2021 to US$ 12,878.92 million by 2028; it is estimated to grow at a CAGR of 4.56% during 2021-2028. Get Sample Pdf: https://www.premiummarketinsights.com/sample/TIP00035242?utm_source=OpenPr&utm_medium=10640 The improving economic conditions across the globe coupled with urbanization has led to the growth in the industrial sector. There has been a rise in the construction of medical centers, malls, complexes, hotels, commercial buildings and
Satellite Communication Terminal Market New Business Opportunities and Investment Research Report by 2023 to 2028.
Satellite Communication Terminal Market New Business Opportunities and Investmen …
The Satellite Communication Terminal Market size was valued at US$ 4,249.0 million in 2023 and it is expected to reach US$ 6,030.7 million by 2028; it is estimated to record a CAGR of 7.3% from 2023 to 2028. The satellite communication terminal market is growing because of the battlefield, the rise in public safety, and the desire for a reliable network during emergencies. The growth of the OTT platforms and IPTV

All 5 Releases


More Releases for Fuel

Marine Gensets Market: Information by Vessel Type (Commercial Vessel, Defense Ve …
A marine genset is a power unit generator that supplies electricity to ships. It offers reliable and fuel-efficient electric power generation for onboard power, emergency gensets, and diesel-electric propulsion. It can be fueled by gas, diesel, hybrid fuel, and others. It has application in offshore commercial vessels, defense vessels, and offshore vessels, among others. Nowadays, most of the marine gensets are fueled by diesel. However, the introduction of alternative fuels
Fuel Card Market to 2027 - Global Analysis and Forecasts By Type (Branded Fuel C …
The global fuel card market is estimated to account US$ 6.29 Bn in 2018 and is expected to grow at a CAGR of 5.8% during the forecast period 2019 – 2027, to account to US$ 10.39 Bn by 2027. Request Sample Pages of “Fuel Card Market” Research Report @ www.theinsightpartners.com/sample/TIPRE00003099/?utm_source=openpr&utm_medium=10387 Fuel Card Market: Key Insights Fuel Card Market Size 2021, by manufacturer, region, types, and application, forecast till 2028 is analyzed and researched on
Solid Oxide Fuel Cell Market Revenue And In-Depth Analysis 2028 | Atrex Energy, …
This detailed market study focuses on data from different primary and secondary sources, and is analyzed using various tools. It helps to gain insights into the market's growth potential, which can help investors identify scope and opportunities. The analysis also provides details of each segment in the global solid oxide fuel cell market. According to the report, the growing implementation of solid oxide fuel cells in information centers is expected to
Clean Fuel Technology Market – Development Assessment 2025 | Clean Fuel Develo …
Global Clean Fuel Technology Market: Overview Clean technology in general implies the use of any service, product, or system that has as little of a negative impact on the environment as possible. Aspects of clean technology include the conservation of energy, sustainable resources, and clean sources of fuels. Clean fuels can refer to the use of renewable fuels such as biogas, or also blended fuels such as fossil fuels with renewable
Fuel Cell Interconnectors Market By Product Type Ceramic based, Metal based; By …
Global Fuel Cell Interconnectors Market Introduction A fuel cell is a battery that generates electricity through an electrochemical reaction where the fuel cell interconnector is a layer made up of either ceramic or metallic material, which combines the electricity generated by each individual cell. Fuel cell interconnectors are placed between each individual cell to connect the cells in the series. Ceramic fuel cell interconnectors are more suitable for high-temperature working conditions
Fuel Cells Sales In Global Market: By Product Type - Proton Exchange Membrane Fu …
Researchmoz added Most up-to-date research on "Fuel Cells Sales In Global Market: By Product Type - Proton Exchange Membrane Fuel Cells (PEMFC), Direct Methanol Fuel Cells (DMFC) & Solid Oxide Fuel Cells (SOFC)" to its huge collection of research reports. In this report, the global Fuel Cells market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at