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Fuel Card Market in Australia Overview and Revenue Forecasts by Key Players - Shell, BP, WEX, Motorcharge, 7-Eleven, Mobil, Caltex

11-14-2019 08:04 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Premium Market Insights

Fuel Card Market in Australia - Premium Market Insights

Fuel Card Market in Australia - Premium Market Insights

The huge majority of Australian businesses are SMEs, which accounts for around 57% of the country’s GDP, employing nearly 7 Mn of a workforce. The adoption of fuel cards by the SMEs in the country has witnessed considerable growth. A fuel card enables business owners to report as well as control fuel and maintenance expenses. Further, they can also be used to make payment for other vehicle operating expenses thereby, enabling business owners to have a comprehensive view of all business expenses as well as manage vehicle taxes.

Any SME, which operates vehicles need to manage a lot of details, and for efficiently managing a fleet, it is essential to know certain details such as fuel economy, cost/kilometer, etc. Several fuel card companies provide fuel management reports that enable the business to receive this information. A detailed view of all these expenses regarding the fleet facilitates businesses to perform an analysis and make improved decisions. The benefits of fuel cards include saving money, tracking purchases, easy reimbursements, as well as a reduction in fraud. Thus, fuel cards simplify management and eliminate the manual task of receipts, audits, as well as the issuance of checks.

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The Australia fuel card market is moderately consolidated with few major players sharing the larger pie of the market. Also, major and smaller players are trying to come up with innovative solutions and strategic partnerships as well as different business models to attract a large base of customers. Some of the key players operating in the Australia fuel card market include Shell, BP, WEX, Motorcharge, 7-Eleven, Mobil, Caltex, and Business Fuel Cards Pty Ltd among others.

The overall Australia fuel card market size has been derived using both primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Australia fuel card market. It also provides an overview and forecast for the Australia fuel card market based on all the segmentation provided. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the fuel card industry.

TABLE OF CONTENTS

1. INTRODUCTION
1.1 SCOPE OF THE STUDY
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3 MARKET SEGMENTATION
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
3.1 COVERAGE
3.2 SECONDARY RESEARCH
3.3 PRIMARY RESEARCH
4. AUSTRALIA FUEL CARD MARKET LANDSCAPE
4.1 MARKET OVERVIEW
4.2 ECOSYSTEM ANALYSIS
5. AUSTRALIA FUEL CARD MARKET – KEY INDUSTRY DYNAMICS
5.1 KEY MARKET DRIVERS
5.1.1 Increased demand for fuel management
5.1.2 Increasing adoption of digital transaction methods and loyalty offerings
5.2 KEY MARKET RESTRAINTS
5.2.1 Concerns related to security
5.3 KEY MARKET OPPORTUNITIES
5.3.1 Increasing adoption of fuel cards by SMEs
5.4 FUTURE TRENDS
5.4.1 Integration of telematics with fuel cards
5.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
…Continue

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Email Id: sales@premiummarketinsights.com

About Premium Market Insights:
Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. Premium Market Insights has an extensive coverage of industry reports, company reports and country reports across all industries. 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.

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