Press release
Fuel Cards Market Is Thriving Worldwide | ExxonMobil, Shell, SPC, Caltex, DBS, UOB, OCBC, Citibank
Fuel Cards Market - Premium Market Insights
Global Fuel Cards Market valued approximately USD 625 billion in 2017 is anticipated to grow with a healthy growth rate of more than 5.61% over the forecast period 2018-2025. The Fuel Cards Market is continuously growing across the world over the coming years. Fuel card or fleet cards is used for payment of gasoline, diesel, and other fuels at gas stations. Fuel cards are also used to pay for vehicle maintenance and other expenses according to the choice of the fleet owner or manager. Fuel card provides a dynamic view of operations to fleet managers and helps drivers perform cashless payment for fuels or other expenses.
The major market player included in this report are:
- ExxonMobil
- Shell
- SPC
- Caltex
- DBS
- UOB
- OCBC
- Citibank
- Standard Chartered
- ANZ
- HSBC
- POSB
- American Express
- Maybank
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Increasing demand for cashless fuel transactions due to ease of use, increasing number of internet users, and the presence of huge number of value added services associated with the fuel cards are the substantial drivers of the market across the globe. Moreover, changing legal framework and increasing demand from developing countries, which are likely to creating numerous opportunity in the near future. Further, fuel cards is simple payment solution for driver of vehicles, it is very cost-effective, and it is powerful online management & reporting tool. These benefits also rising demand of Fuel Cards among its users. However, rising competition from new entrants and lack of IT infrastructure in underdeveloped regions are the factors which limiting the market growth of Fuel Cards across the world.
The regional analysis of Global Fuel Cards Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the region going cashless which makes fuel cards more popular. Europe is estimated to grow at higher rate in the global Fuel Cards market over the upcoming years owing to rising digitalization in new payment method in the region. Asia-Pacific is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
By Type:
- Active Cards
- Non-Active Cards
By Application:
- Moving Services
- Packaging Services
- Postal & Courier Services
- Logistics Services
- Taxi Booking & Support Services
- Freight Transport
- Private Cars
- Others
By Regions:
- North America
- Europe
- Asia Pacific
- Latin America
- Rest of the World
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Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Key Trends
1.3. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
1.3.1. Fuel Cards Market, by Type, 2015-2025 (USD Billion)
1.3.2. Fuel Cards Market, by Application, 2015-2025 (USD Billion)
1.3.3. Fuel Cards Market, by Region, 2015-2025 (USD Billion)
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Fuel Cards Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Fuel Cards Market Dynamics
3.1. See Saw Analysis
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Fuel Cards Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Buyers
4.1.2. Bargaining Power of Suppliers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
Chapter 5. Fuel Cards Market, by Type
5.1. Market Snapshot
5.2. Market Performance - Potential Model
5.3. Key Market Players
5.4. Fuel Cards Market, Sub Segment Analysis
5.4.1. Active Cards
5.4.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.4.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.4.2. Non-Active Cards
5.4.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.4.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 6. Fuel Cards Market, by Application
6.1. Market Snapshot
6.2. Market Performance - Potential Model
6.3. Key Market Players
6.4. Fuel Cards Market, Sub Segment Analysis
6.4.1. Moving Services
6.4.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
6.4.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
6.4.2. Packaging Services
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 the 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 with 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.
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 the 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 with 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.
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