Fuel Cards Market 2021 Global Industry Size, Share, Emerging Trends, Business Development, Consumption Status 2027

"Fuel Cards Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2017-2027,The global Fuel Cards market size was valued at $672.84 billion in 2019 and is projected to reach $1,210.01 billion by 2027 growing at a CAGR of 13.9% from 2020 to 2027.

The fuel refill application segment witnessed high demand in 2016, as fuel cards help to determine the gallons or liters of fuel filled along with the details on mileage of vehicles. In addition, increase in usage of cashless payment methods, growth associated with prepaid cards, and rise in number of fleet owners and small and medium enterprises are expected to fuel the fuel cards market growth in the near future. Moreover, the vehicle service segment witnessed increased adoption of fuel cards across various regions, owing to increase in number of fleets globally that use cards to pay for vehicle maintenance and expenses at the discretion of the fleet owner.

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Allied Market Research recently published a report titled, “Fuel Cards Market: Global Opportunity Analysis and Industry Forecast 2020-2027’’.The market report presents the top factors and market trends that are real behind the growth of the market. It also offers an extensive study of evolving market dynamics, top investment pockets, key sections, competitive scenarios, value chain, and major investment prospects. These figures and data are helpful for startups, stakeholders, investors, and the key market players to obtain useful understandings and visions on the market and implement necessary strategies based on the same.

North America Ethernet Cable Market Competitive Analysis:

The key players profiled in the Fuel Cards industry analysis are British Petroleum, Engen, ExxonMobil, First National Bank, FleetCor, Oilibya, Puma Energy, Royal Dutch Shell, U.S. Bancorp, and Wex Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

Covid-19 Impact on the Global Fuel Cards Market:

Fuel Cards Market Research Report offers an outline of the market based on basic parameters such as market size, sales analysis, and key drivers. The market is expected to expand on a large scale during the forecast period (2021-2024). This report includes COVID-19 impacts on the market. The unprecedented arrival of the coronavirus pandemic (COVID-19) has troubled the complete lifestyles. This in turn has affected some of the market situations along with introducing new norms. The broad view of the research report, therefore, provides the users with the total impacts of covid19 on the industry and the market players.

COVID-19 Scenario:

Due to the global pandemic all over the world, the medical devices manufacturers are majorly focusing on research and development of new products.
However, due to the precautionary measures taken by governments in various regions, the supply chain has been hampered. Which may result in shortage of products in certain locations.

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Fuel Cards Market Segmentation:

The report provides segmentation of the global Fuel Cards Market. The major segments in the report are studied on the basis of type, application and regions. Along with this, it also involves the tables based on extensive analysis of sales, revenue, growth rate, and revenue share of each for the historic as well as forecast period.

Fuel Cards Market Geographical Analysis:

The report also provides a regional analysis of the market along with the competitive setting in each region. The research report encompasses regions including North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These segmentations aid the market players in framing respective tactics, thus leading way to lucrative opportunities to attain their objectives.

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Key market segments

By Type

Branded
Universal
Merchant

By Application

Fuel refill
Parking
Vehicle service
Toll charge
Others

By Region

North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools & models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping global data extraction market
3.3.Case studies

3.3.1.Case Study 01
3.3.2.Case study 02

3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Need for improved fuel management
3.4.1.2.Penetration of digital transaction solutions
3.4.1.3.Efficient fleet administration with the help of enhanced data capture

3.4.2.Restraints

3.4.2.1.Dearth of security measure

3.4.3.Opportunities

3.4.3.1.Increase in demand from developing countries
3.4.3.2.Integration of telematics with Fuel Cards

3.5.COVID-19 impact analysis on Fuel Cards market

3.5.1.Impact on market size
3.5.2.Consumer trends, preferences, and budget impact
3.5.3.Regulatory framework
3.5.4.Economic impact
3.5.5.Strategies to tackle negative impact
3.5.6.Opportunity window

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