Press release
Europe Fuel Card Market to Experience Exponential Growth by 2025 - Analysis of Key Players Included
A surge in digital transactions, increase in usage of prepaid cards, rise in need for improved fuel management, and growth associated with transportation & logistics industry are the key factors that drive the growth of the Europe fuel card market.
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The Europe fuel card market was valued at $257,281 million in 2017 and is projected to reach $374,592 million by 2025, growing at a CAGR of 5.0% from 2018 to 2025. In 2017, the universal fuel card segment accounted for the highest revenue in the Europe fuel card market. The adoption of fuel cards is on a continuous rise, owing to the increase in cashless payment transactions. Moreover, the need to ensure compliance with company fuel usage policies is anticipated to boost the adoption of fuel cards market among enterprises.
This report provides a comprehensive analysis of
-Top impacting Growth Factors
-Competitive Analysis of Leading Market Players
-Current and Future Market Trends
-Market Segmentation
-Revenue Estimation by 2025
However, security concerns associated with fuel cards such as fleet card skimming, and fraudulent transactions hamper the Europe fuel card market growth. Based on the type, the universal fuel card segment dominated the Europe market in 2017 and is expected to continue this trend during the forecast period, owing to nationwide acceptance of universal fuel cards. Furthermore, the merchant fuel card segment is expected to grow at the highest CAGR during the forecast period, due to rise in trend of merchant cards supported by the partnership of fuel merchants and fuel card providers.
Competitive Analysis of Dominating Market Players
•BP P.L.C.
•Engen Petroleum Ltd.
•Exxon Mobil Corporation
•FirstRand Bank Limited
•FleetCor Technologies Inc.
•Libya Oil Holdings Ltd.
•Puma Energy
•Royal Dutch Shell plc
•U.S. Bancorp
•WEX Inc.
The Europe fuel card market was led by the UK in 2017, and is projected to maintain its dominance during the forecast period. However, Italy is expected to witness the highest growth, owing to increase in adoption of cashless fuel transactions and government legislations for e-invoicing of fuel transactions.
In 2017, the Europe fuel card market was dominated by the fuel refill application segment, and is expected to maintain this trend during the forecast period. However, the other services segment is expected to witness the highest growth, owing to rise in adoption of fuel cards to address other value-added needs such as purchasing of vehicles spare parts andaccessories.
For Purchase Inquiry: www.alliedmarketresearch.com/purchase-enquiry/5040
Table of Content
Chapter: 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Research methodology
1.3.1. Secondary research
1.3.2. Primary research
1.3.3. Analyst tools & models
Chapter: 2: EXECUTIVE SUMMARY
2.1. CXO perspective
Chapter: 3: MARKET OVERVIEW
3.1. Market Definition and Scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Key Player Positioning
3.2.4. Top Winning Strategies
3.3. Porter's Five Forces analysis
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. Growing transportation and logistics industry
3.4.2. Restraints
3.4.2.1. Dearth of security measures
3.4.3. Opportunity
3.4.3.1. Growing prepaid and contactless card industry
3.4.3.2. Technological innovations in fuel cards
Speak with Analyst: www.alliedmarketresearch.com/connect-to-analyst/5040
Chapter: 4: FUEL CARD MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Branded Cards
4.2.1. Key trends, growth factors, and opportunities
4.2.2. Market size and forecast
4.2.3. Market analysis, by country
4.3. Universal Cards
4.3.1. Key trends, growth factors, and opportunities
4.3.2. Market size and forecast
4.3.3. Market analysis, by country
4.4. Merchant Cards
4.4.1. Key trends, growth factors, and opportunities
4.4.2. Market size and forecast
4.4.3. Market analysis, by country
Chapter: 5: FUEL CARD MARKET, BY APPLICATION
5.1. Overview
5.1.1. Market size and forecast
5.2. Fuel Refill
5.2.1. Key trends, growth factors, and opportunities
5.2.2. Market size and forecast
5.2.3. Market analysis, by country
5.3. Parking
5.3.1. Key trends, growth factors, and opportunities
5.3.2. Market size and forecast
5.3.3. Market analysis, by country
5.4. Vehicle Service
5.4.1. Key trends, growth factors, and opportunities
5.4.2. Market size and forecast
5.4.3. Market analysis, by country
5.5. Toll Charge
5.5.1. Key trends, growth factors, and opportunities
5.5.2. Market size and forecast
5.5.3. Market analysis, by country
5.6. Others
5.6.1. Key trends, growth factors, and opportunities
5.6.2. Market size and forecast
5.6.3. Market analysis, by country
For full TOC Visit: www.alliedmarketresearch.com/europe-fuel-card-market
About Us:
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Get the Sample Report: www.alliedmarketresearch.com/request-sample/5040
The Europe fuel card market was valued at $257,281 million in 2017 and is projected to reach $374,592 million by 2025, growing at a CAGR of 5.0% from 2018 to 2025. In 2017, the universal fuel card segment accounted for the highest revenue in the Europe fuel card market. The adoption of fuel cards is on a continuous rise, owing to the increase in cashless payment transactions. Moreover, the need to ensure compliance with company fuel usage policies is anticipated to boost the adoption of fuel cards market among enterprises.
This report provides a comprehensive analysis of
-Top impacting Growth Factors
-Competitive Analysis of Leading Market Players
-Current and Future Market Trends
-Market Segmentation
-Revenue Estimation by 2025
However, security concerns associated with fuel cards such as fleet card skimming, and fraudulent transactions hamper the Europe fuel card market growth. Based on the type, the universal fuel card segment dominated the Europe market in 2017 and is expected to continue this trend during the forecast period, owing to nationwide acceptance of universal fuel cards. Furthermore, the merchant fuel card segment is expected to grow at the highest CAGR during the forecast period, due to rise in trend of merchant cards supported by the partnership of fuel merchants and fuel card providers.
Competitive Analysis of Dominating Market Players
•BP P.L.C.
•Engen Petroleum Ltd.
•Exxon Mobil Corporation
•FirstRand Bank Limited
•FleetCor Technologies Inc.
•Libya Oil Holdings Ltd.
•Puma Energy
•Royal Dutch Shell plc
•U.S. Bancorp
•WEX Inc.
The Europe fuel card market was led by the UK in 2017, and is projected to maintain its dominance during the forecast period. However, Italy is expected to witness the highest growth, owing to increase in adoption of cashless fuel transactions and government legislations for e-invoicing of fuel transactions.
In 2017, the Europe fuel card market was dominated by the fuel refill application segment, and is expected to maintain this trend during the forecast period. However, the other services segment is expected to witness the highest growth, owing to rise in adoption of fuel cards to address other value-added needs such as purchasing of vehicles spare parts andaccessories.
For Purchase Inquiry: www.alliedmarketresearch.com/purchase-enquiry/5040
Table of Content
Chapter: 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Research methodology
1.3.1. Secondary research
1.3.2. Primary research
1.3.3. Analyst tools & models
Chapter: 2: EXECUTIVE SUMMARY
2.1. CXO perspective
Chapter: 3: MARKET OVERVIEW
3.1. Market Definition and Scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Key Player Positioning
3.2.4. Top Winning Strategies
3.3. Porter's Five Forces analysis
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. Growing transportation and logistics industry
3.4.2. Restraints
3.4.2.1. Dearth of security measures
3.4.3. Opportunity
3.4.3.1. Growing prepaid and contactless card industry
3.4.3.2. Technological innovations in fuel cards
Speak with Analyst: www.alliedmarketresearch.com/connect-to-analyst/5040
Chapter: 4: FUEL CARD MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Branded Cards
4.2.1. Key trends, growth factors, and opportunities
4.2.2. Market size and forecast
4.2.3. Market analysis, by country
4.3. Universal Cards
4.3.1. Key trends, growth factors, and opportunities
4.3.2. Market size and forecast
4.3.3. Market analysis, by country
4.4. Merchant Cards
4.4.1. Key trends, growth factors, and opportunities
4.4.2. Market size and forecast
4.4.3. Market analysis, by country
Chapter: 5: FUEL CARD MARKET, BY APPLICATION
5.1. Overview
5.1.1. Market size and forecast
5.2. Fuel Refill
5.2.1. Key trends, growth factors, and opportunities
5.2.2. Market size and forecast
5.2.3. Market analysis, by country
5.3. Parking
5.3.1. Key trends, growth factors, and opportunities
5.3.2. Market size and forecast
5.3.3. Market analysis, by country
5.4. Vehicle Service
5.4.1. Key trends, growth factors, and opportunities
5.4.2. Market size and forecast
5.4.3. Market analysis, by country
5.5. Toll Charge
5.5.1. Key trends, growth factors, and opportunities
5.5.2. Market size and forecast
5.5.3. Market analysis, by country
5.6. Others
5.6.1. Key trends, growth factors, and opportunities
5.6.2. Market size and forecast
5.6.3. Market analysis, by country
For full TOC Visit: www.alliedmarketresearch.com/europe-fuel-card-market
About Us:
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
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