Fuel Card Market Forecast till 2030

Description

Fuel Card Market Analysis

Market Overview

The worldwide Fuel Card Market is expected to register a healthy CAGR of 5.7% during the forecast period. The fuel card or armada card is utilized as an installment card for petroleum, diesel, and different fuels at corner stores. Armada cards can likewise be utilized to pay for vehicle upkeep and costs at the care of the armada proprietor or administrator. Most fuel cards are charge cards. Armada cards are exceptional considering the helpful and exhaustive announcing that goes with their utilization. Armada cards empower armada proprietors/supervisors to get constant reports and set buying controls on their cards to assist them with keeping steady overall business-related costs.
More current cards accompany a little chip on the front and an attractive strip on the back to be utilized at the retail location (POS) terminals. Organizations give these cards to drivers and different workers who can involve them instead of individual cards. With the presence of different imaginative elements and developing digitization possible and installments industry, customers expect a consistent encounter across different buy touchpoints. Accordingly, the interest in credit-only fuel exchanges has been on the ascent. Other than offering credit-only accommodation, these cards additionally give card security and limits on buys. Moreover, dedication programs have additionally been one of the essential variables fueling the interest in credit-only fuel exchanges and the resulting interest in fuel cards.

Segment Overview

The worldwide Fuel Card Market is categorized based on vehicle type, card type, application, and region.
The worldwide Fuel Card Market, in view of card type, has been fragmented into business individual fuel cards, fuel cards, and prepaid fuel cards. The Market, based on vehicle type, has been fragmented into weighty armada and light armada. The worldwide Fuel Card Market, in terms of the application, has been fragmented into leaving, cost charges, fuel top-off, vehicle administration, and others.

Regional Analysis

Europe represented the biggest market during the review period. The region is expected to observe extensive development because of government changes to handle the natural issues related to fossil fuel by-products. The information fuel card exchanges can be used to report and comprehend the fuel proficiency on the off chance that it has dropped or get the vehicle overhauled now and again with an educated choice.
Asia-Pacific is the quickest developing region. The region enrolled the most elevated CAGR around the world because of the ascent in the populace, expanding reception of computerized advances, ascend in web entrance, developing buying power, and convergence of youngsters. The region has been sectioned, by country, into Cina, Japan, India, and t rest of Asia-Pacific. China is supposed to overwhelm the market and register the most elevated CAGR during the conjecture time frame.

Major Players

Key players operating in the global Fuel Card Market are ExxonMobil, BP, Shell PLC, FLEETCOR Technologies, Inc., OLA Energy, OLA Energy, Engen Petroleum LTD, FNB, Bharat Petroleum Corporation, Fuelman, Comdata Inc., and HPCL.

COVID 19 Impacts

We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 15

1.1 MARKET ATTRACTIVENESS ANALYSIS 16

2 MARKET INTRODUCTION 17

2.1 DEFINITION 17

2.2 SCOPE OF THE STUDY 17

2.3 RESEARCH OBJECTIVE 17

2.4 MARKET STRUCTURE 18

3 RESEARCH METHODOLOGY 19

4 MARKET DYNAMICS 26

4.1 INTRODUCTION 26

4.2 DRIVERS 27

4.2.1 INCREASING DEMAND FOR CASHLESS FUEL TRANSACTIONS 27

4.2.2 GROWING NEED TO OPTIMIZE FLEET EXPENSES TASKS AMONG FLEET MANAGERS AND VEHICLE OWNERS 27

4.3 RESTRAINTS 28

4.3.1 DATA SECURITY AND PRIVACY CONCERNS 28

4.4 OPPORTUNITY 29

4.4.1 GROWING ADOPTION OF DIGITIZATION AND THE INTERNET OF THINGS (IOT) 29

4.5 CHALLENGE 30

4.5.1 CHANGING LEGAL FRAMEWORK 30

4.6 IMPACT OF COVID-19 30

4.6.1 IMPACT ON FUEL CARD PROVIDERS 30

4.6.2 IMPACT ON THE SEMICONDUCTOR INDUSTRY 31

4.6.3 IMPACT ACROSS END-USE INDUSTRIES 31

5 MARKET FACTOR ANALYSIS 32

5.1 VALUE CHAIN ANALYSIS 32

5.1.1 FUEL RETAILER/PROVIDER 32

5.1.2 FUEL CARD ISSUER/PROVIDER 32

5.1.3 END USER 33

5.2 PORTER’S FIVE FORCES MODEL 33

5.2.1 THREAT OF NEW ENTRANTS 34

5.2.2 BARGAINING POWER OF SUPPLIERS 34

5.2.3 THREAT OF SUBSTITUTES 34

5.2.4 BARGAINING POWER OF BUYERS 34

5.2.5 INTENSITY OF RIVALRY 34

6 GLOBAL FUEL CARD MARKET, BY CARD TYPE 35

6.1 OVERVIEW 35

6.1.1 GLOBAL FUEL CARD MARKET, BY CARD TYPE, 2018–2030 (USD BILLION) 36

6.2 BUSINESS FUEL CARD 37

6.3 INDIVIDUAL FUEL CARD 37

6.4 PREPAID FUEL CARD 37

7 GLOBAL FUEL CARD MARKET, BY VEHICLE TYPE 38

7.1 OVERVIEW 38

7.1.1 GLOBAL FUEL CARD MARKET, BY VEHICLE TYPE, 2018–2030 (USD BILLION) 39

7.2 HEAVY FLEET 39

7.3 LIGHT FLEET 39

8 GLOBAL FUEL CARD MARKET, BY APPLICATION 40

8.1 OVERVIEW 40

8.1.1 GLOBAL FUEL CARD MARKET, BY APPLICATION, 2018–2030 (USD BILLION) 41

8.2 FUEL REFILLL 42

8.3 PARKING 42

8.4 VEHICLE SERVICE 42

8.5 TOLL CHARGE 42

8.6 OTHERS 42

9 GLOBAL FUEL CARD MARKET, BY REGION 43

9.1 OVERVIEW 43

9.1.1 GLOBAL FUEL CARD MARKET, BY REGION, 2018–2030 (USD BILLION) 43

9.2 NORTH AMERICA 44

9.2.1 NORTH AMERICA: FUEL CARD MARKET, BY COUNTRY, 2018–2030 (USD BILLION) 45

9.2.2 NORTH AMERICA: FUEL CARD MARKET, BY CARD TYPE, 2018–2030 (USD BILLION) 46

9.2.3 NORTH AMERICA: FUEL CARD MARKET, BY VEHICLE TYPE, 2018–2030 (USD BILLION) 47

9.2.4 NORTH AMERICA: FUEL CARD MARKET, BY APPLICATION, 2018–2030 (USD BILLION) 48

9.2.5 US 49

9.2.5.1 US: FUEL CARD MARKET, BY CARD TYPE, 2018–2030 (USD BILLION) 49

9.2.5.2 US: FUEL CARD MARKET, BY VEHICLE TYPE, 2018–2030 (USD BILLION) 49

9.2.5.3 US: FUEL CARD MARKET, BY APPLICATION, 2018–2030 (USD BILLION) 49

9.2.6 CANADA 50

9.2.6.1 CANADA: FUEL CARD MARKET, BY CARD TYPE, 2018–2030 (USD BILLION) 50

9.2.6.2 CANADA: FUEL CARD MARKET, BY VEHICLE TYPE, 2018–2030 (USD BILLION) 50

9.2.6.3 CANADA: FUEL CARD MARKET, BY APPLICATION, 2018–2030 (USD BILLION) 50

9.2.7 MEXICO 51

9.2.7.1 MEXICO: FUEL CARD MARKET, BY CARD TYPE, 2018–2030 (USD BILLION) 51

9.2.7.2 MEXICO: FUEL CARD MARKET, BY VEHICLE TYPE, 2018–2030 (USD BILLION) 51

9.2.7.3 MEXICO: FUEL CARD MARKET, BY APPLICATION, 2018–2030 (USD BILLION) 51

9.3 EUROPE 52

9.3.1 EUROPE: FUEL CARD MARKET, BY COUNTRY, 2018–2030 (USD BILLION) 53

9.3.2 EUROPE: FUEL CARD MARKET, BY CARD TYPE, 2018–2030 (USD BILLION) 54

9.3.3 EUROPE: FUEL CARD MARKET, BY VEHICLE TYPE, 2018–2030 (USD BILLION) 55

9.3.4 EUROPE: FUEL CARD MARKET, BY APPLICATION, 2018–2030 (USD BILLION) 56

9.3.1 REST OF EUROPE 57

9.3.1.1 REST OF EUROPE: FUEL CARD MARKET, BY CARD TYPE, 2018–2030 (USD BILLION) 57

9.3.1.2 REST OF EUROPE: FUEL CARD MARKET, BY VEHICLE TYPE, 2018–2030 (USD BILLION) 58

9.3.1.3 REST OF EUROPE: FUEL CARD MARKET, BY APPLICATION, 2018–2030 (USD BILLION) 58

9.3.2 UK 59

9.3.2.1 UK: FUEL CARD MARKET, BY CARD TYPE, 2018–2030 (USD BILLION) 59

9.3.2.2 UK: FUEL CARD MARKET, BY VEHICLE TYPE, 2018–2030 (USD BILLION) 59

9.3.2.3 UK: FUEL CARD MARKET, BY APPLICATION, 2018–2030 (USD BILLION) 59

9.3.3 GERMANY 60

9.3.3.1 GERMANY: FUEL CARD MARKET, BY CARD TYPE, 2018–2030 (USD BILLION) 60

9.3.3.2 GERMANY: FUEL CARD MARKET, BY VEHICLE TYPE, 2018–2030 (USD BILLION) 60

9.3.3.3 GERMANY: FUEL CARD MARKET, BY APPLICATION, 2018–2030 (USD BILLION) 60

9.3.4 FRANCE 61

9.3.4.1 FRANCE: FUEL CARD MARKET, BY CARD TYPE, 2018–2030 (USD BILLION) 61

9.3.4.2 FRANCE: FUEL CARD MARKET, BY VEHICLE TYPE, 2018–2030 (USD BILLION) 61

9.3.4.3 FRANCE: FUEL CARD MARKET, BY APPLICATION, 2018–2030 (USD BILLION) 61

9.3.5 ITALY 62

9.3.5.1 ITALY: FUEL CARD MARKET, BY CARD TYPE, 2018–2030 (USD BILLION) 62

9.3.5.2 ITALY: FUEL CARD MARKET, BY VEHICLE TYPE, 2018–2030 (USD BILLION) 62

9.3.5.3 ITALY: FUEL CARD MARKET, BY APPLICATION, 2018–2030 (USD BILLION) 62

9.3.6 SPAIN 63

9.3.6.1 SPAIN: FUEL CARD MARKET, BY CARD TYPE, 2018–2030 (USD BILLION) 63

9.3.6.2 SPAIN: FUEL CARD MARKET, BY VEHICLE TYPE, 2018–2030 (USD BILLION) 63

9.3.6.3 SPAIN: FUEL CARD MARKET, BY APPLICATION, 2018–2030 (USD BILLION) 63

9.4 ASIA-PACIFIC 64

9.4.1 ASIA-PACIFIC: FUEL CARD MARKET, BY COUNTRY, 2018–2030 (USD BILLION) 65

9.4.2 ASIA-PACIFIC: FUEL CARD MARKET, BY CARD TYPE, 2018–2030 (USD BILLION) 66

9.4.3 ASIA-PACIFIC: FUEL CARD MARKET, BY VEHICLE TYPE, 2018–2030 (USD BILLION) 67

9.4.4 ASIA-PACIFIC: FUEL CARD MARKET, BY APPLICATION, 2018–2030 (USD BILLION) 68

9.4.5 CHINA 69

9.4.5.1 CHINA: FUEL CARD MARKET, BY CARD TYPE, 2018–2030 (USD BILLION) 69

9.4.5.2 CHINA: FUEL CARD MARKET, BY VEHICLE TYPE, 2018–2030 (USD BILLION) 69

9.4.5.3 CHINA: FUEL CARD MARKET, BY APPLICATION, 2018–2030 (USD BILLION) 69

9.4.6 JAPAN 70

9.4.6.1 JAPAN: FUEL CARD MARKET, BY CARD TYPE, 2018–2030 (USD BILLION) 70

9.4.6.2 JAPAN: FUEL CARD MARKET, BY VEHICLE TYPE, 2018–2030 (USD BILLION) 70

9.4.6.3 JAPAN: FUEL CARD MARKET, BY APPLICATION, 2018–2030 (USD BILLION) 70

9.4.7 INDIA 71

9.4.7.1 INDIA: FUEL CARD MARKET, BY CARD TYPE, 2018–2030 (USD BILLION) 71

9.4.7.2 INDIA: FUEL CARD MARKET, BY VEHICLE TYPE, 2018–2030 (USD BILLION) 71

9.4.7.3 INDIA: FUEL CARD MARKET, BY APPLICATION, 2018–2030 (USD BILLION) 71

9.4.8 REST OF ASIA-PACIFIC 72

9.4.8.1 REST OF ASIA-PACIFIC: FUEL CARD MARKET, BY CARD TYPE, 2018–2030 (USD BILLION) 72

9.4.8.2 REST OF ASIA-PACIFIC: FUEL CARD MARKET, BY VEHICLE TYPE, 2018–2030 (USD BILLION) 72

9.4.8.3 OF ASIA-PACIFIC: FUEL CARD MARKET, BY APPLICATION, 2018–2030 (USD BILLION) 72

9.5 MIDDLE EAST & AFRICA 73

9.5.1 MIDDLE EAST & AFRICA: FUEL CARD MARKET, BY CARD TYPE, 2018–2030 (USD BILLION) 73

9.5.2 MIDDLE EAST & AFRICA: FUEL CARD MARKET, BY VEHICLE TYPE, 2018–2030 (USD BILLION) 73

9.5.3 MIDDLE EAST & AFRICA: FUEL CARD MARKET, BY APPLICATION, 2018–2030 (USD BILLION) 74

9.6 SOUTH AMERICA 75

9.6.1 SOUTH AMERICA: FUEL CARD MARKET, BY CARD TYPE, 2018–2030 (USD BILLION) 75

9.6.2 SOUTH AMERICA: FUEL CARD MARKET, BY VEHICLE TYPE, 2018–2030 (USD BILLION) 75

9.6.3 SOUTH AMERICA FUEL CARD MARKET, BY APPLICATION, 2018–2030 (USD BILLION) 75

10 COMPETITIVE LANDSCAPE 76

10.1 INTRODUCTION 76

10.2 COMPETITION DASHBOARD 77

10.3 COMPETITIVE BENCHMARKING 78

10.4 MAJOR PLAYER ANALYSIS, 2020 79

11 COMPANY PROFILES 80

11.1 THE AI CORPORATION 80

11.1.1 COMPANY OVERVIEW 80

11.1.2 FINANCIAL OVERVIEW 80

11.1.3 PRODUCTS OFFERED 80

11.1.4 KEY DEVELOPMENTS 80

11.1.5 SWOT ANALYSIS 81

11.1.6 KEY STRATEGIES 81

11.2 OPENWAY GROUP 82

11.2.1 COMPANY OVERVIEW 82

11.2.2 FINANCIAL OVERVIEW 82

11.2.3 PRODUCTS OFFERED 82

11.2.4 KEY DEVELOPMENTS 82

11.2.5 SWOT ANALYSIS 83

11.2.6 KEY STRATEGIES 83

11.3 ROYAL DUTCH SHELL 84

11.3.1 COMPANY OVERVIEW 84

11.3.2 FINANCIAL OVERVIEW 85

11.3.3 PRODUCTS OFFERED 85

11.3.4 KEY DEVELOPMENTS 86

11.3.5 SWOT ANALYSIS 86

11.3.6 KEY STRATEGIES 86

11.4 EXXON MOBIL CORPORATION 87

11.4.1 COMPANY OVERVIEW 87

11.4.2 FINANCIAL OVERVIEW 88

11.4.3 PRODUCTS OFFERED 88

11.4.4 KEY DEVELOPMENTS 89

11.4.5 SWOT ANALYSIS 89

11.4.6 KEY STRATEGIES 89

11.5 BP P.L.C. 90

11.5.1 COMPANY OVERVIEW 90

11.5.2 FINANCIAL OVERVIEW 90

11.5.3 PRODUCTS OFFERED 91

11.5.4 KEY DEVELOPMENTS 91

11.5.5 SWOT ANALYSIS 91

11.5.6 KEY STRATEGIES 91

11.6 ENGEN PETROLEUM LTD 92

11.6.1 COMPANY OVERVIEW 92

11.6.2 FINANCIAL OVERVIEW 93

11.6.3 PRODUCTS OFFERED 93

11.6.4 KEY DEVELOPMENTS 94

11.6.5 SWOT ANALYSIS 94

11.6.6 KEY STRATEGIES 94

11.7 BHARAT PETROLEUM CORPORATION LIMITED 95

11.7.1 COMPANY OVERVIEW 95

11.7.2 FINANCIAL OVERVIEW 96

11.7.3 PRODUCTS OFFERED 96

11.7.4 KEY DEVELOPMENTS 97

11.7.5 SWOT ANALYSIS 97

11.7.6 KEY STRATEGIES 97

11.8 HINDUSTAN PETROLEUM CORPORATION LIMITED 98

11.8.1 COMPANY OVERVIEW 98

11.8.2 FINANCIAL OVERVIEW 99

11.8.3 PRODUCTS OFFERED 99

11.8.4 KEY DEVELOPMENT 100

11.8.5 SWOT ANALYSIS 100

11.8.6 KEY STRATEGIES 100

11.9 FUELMAN 101

11.9.1 COMPANY OVERVIEW 101

11.9.2 FINANCIAL OVERVIEW 101

11.9.3 PRODUCTS OFFERED 101

11.9.4 KEY DEVELOPMENTS 102

11.9.5 SWOT ANALYSIS 102

11.9.6 KEY STRATEGIES 102

11.10 FLEETCOR TECHNOLOGIES, INC. 103

11.10.1 COMPANY OVERVIEW 103

11.10.2 FINANCIAL OVERVIEW 104

11.10.3 PRODUCTS OFFERED 104

11.10.4 KEY DEVELOPMENTS 105

11.10.5 SWOT ANALYSIS 105

11.10.6 KEY STRATEGIES 105

11.11 WEX INC. 106

11.11.1 COMPANY OVERVIEW 106

11.11.2 FINANCIAL OVERVIEW 107

11.11.3 PRODUCTS OFFERED 108

11.11.4 KEY DEVELOPMENTS 108

11.11.5 SWOT ANALYSIS 109

11.11.6 KEY STRATEGIES 109

11.12 GAZPROM NEFT PJSC 110

11.12.1 COMPANY OVERVIEW 110

11.12.2 FINANCIAL OVERVIEW 111

11.12.3 PRODUCTS OFFERED 111

11.12.4 KEY DEVELOPMENTS 112

11.12.5 SWOT ANALYSIS 112

11.12.6 KEY STRATEGIES 112

11.13 OLA ENERGY 113

11.13.1 COMPANY OVERVIEW 113

11.13.2 FINANCIAL OVERVIEW 113

11.13.3 PRODUCTS OFFERED 113

11.13.4 KEY DEVELOPMENTS 113

11.13.5 SWOT ANALYSIS 114

11.13.6 KEY STRATEGIES 114

11.14 EUROWAG 115

11.14.1 COMPANY OVERVIEW 115

11.14.2 FINANCIAL OVERVIEW 116

11.14.3 PRODUCTS OFFERED 116

11.14.4 KEY DEVELOPMENTS 117

11.14.5 SWOT ANALYSIS 117

11.14.6 KEY STRATEGIES 117

11.15 PUMACARD 118

11.15.1 COMPANY OVERVIEW 118

11.15.2 FINANCIAL OVERVIEW 118

11.15.3 PRODUCTS OFFERED 118

11.15.4 KEY DEVELOPMENTS 118

11.15.5 SWOT ANALYSIS 119

11.15.6 KEY STRATEGIES 119