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Fuel Cards In Spain Market will rise by 11.3% between 2016 and 2021

Fuel Cards In Spain Market will rise by 11.3% between 2016 and 2021

MarketResearchReports.Biz presents this most up-to-date research on "Fuel Cards In Spain 2016".

Fuel Cards in Spain 2016 is invaluable for issuers of fleet cards, fuel retailers, fleet leasing companies and other suppliers to the sector. Based on research with issuers and fuel retailers it provides commercial (B2B) fuel card volume (split by fleet and CRT), value and market share forecasts to 2021, key data on independent and oil company card issuers and an analysis of fuel card competition in Spain

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Key Findings
Fuel card volumes across the Top five fuel card markets will rise by 11.3% between 2016 and 2021 as small domestic fleets increasingly turn to fuel cards to meet their growing needs over this period. The total number of service stations in Spain rose by 2.9% in 2015 totaling 10,930 service stations. Over 56,000 new fuel cards will be issued between 2016 and 2021, totaling to 2,882,286 cards in the market. Of those cards 66.5% will be held by fleet vehicles and 33.5% CRT vehicles. Total fleet card volumes rose by 4.7% in 2015 to total 3,523 m litres continuing the trend started in 2013. Repsols market share declined by 0.2 percentage points in 2015 but continued to be the fuel card market leader accounting for 56.2% in 2015, as clients were drawn to its large service station network and range of services designed for commercial vehicles.

Complete Report Details @ https://www.marketresearchreports.biz/reports/901240/fuel-cards-in-spain-2016-market-research-reports

Synopsis
Fuel card volumes will grow year on year to 2021 as increasingly high fuel pricing and growing numbers of CRT vehicles turn to fuel cards to benefit from the additional services offered by fuel cards.

ReasonsToBuy
Plan effective market entry strategies by uncovering current and future volumes and values of the Spanish fuel card market. Assess whether you should increase network acceptance of your card and identify potential new merchants by uncovering the position of competitors. Whether you are an issuer, a processor, a leasing company or a fuel retailer, make informed pitches to partners by understanding their business. Enhance fuel sales at your service stations by identifying which fuel cards you should accept based on their market shares and network acceptance.

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