The Global Fuel Card Market is estimated to account to US$ 6.29 Bn in 2018 and is expected to grow at a CAGR of 5.8% during the forecast period 2019 – 2027, to account to US$ 10.39 Bn by 2027.
The increasing penetration of digitization in various industries, including logistics and transportation, is driving the demand for efficient and transparent payment solutions. In addition to this, the changing consumer preferences and increasing technological shifts are the two major factors that are driving the paradigm shift in global payments and cards industry.
The rising penetration of mobile phones has led customers to embrace mobile and in-app payment methods over the traditional payment methods. This trend of using alternative payment methods over traditional ones is anticipated to drive the adoption of fuel cards in North America.
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GLOBAL FUEL CARD MARKET SEGMENTATION
Global Fuel Card Market – By Type
- Branded Fuel Cards
- Merchant Branded Fuel Cards
- Universal Fuel Cards
Global Fuel Card Market – By Application
- Fuel Refill
- Vehicle Service
- Toll Charge
Global Fuel Card Market – By Geography
- North America
- Asia Pacific (APAC)
- Middle EAST & Africa (MEA)
- South America
Global Fuel Card Market – Company Profiles
- Chevron Texaco
- Engen Petroleum Ltd.
- Fast Fuel
- Fleet care Pty Ltd
- fuel Genie
- HDFC Bank
The overall fuel card market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the fuel card market. Also, multiple primary interviews were conducted with industry participants and commentators to validate data and analysis.
The participants who typically take part in such a process include industry expert 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 market.
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Table of Content:
- Key Takeaways
- Research Methodology
- Fuel Card Market Landscape
- Fuel Card Market– Key Industry Dynamics
- Fuel Card Market– Global Analysis
- Fuel Card Market Revenue and Forecasts To 2027 – By Product & Services
- Fuel Card Market Revenue and Forecasts To 2027 – By Sample Type
- Fuel Card Market Revenue and Forecasts To 2027 – By Application
- Fuel Card Market Revenue and Forecasts To 2027 – By End User
- Fuel Card Market Revenue and Forecasts To 2027 – Geographical Analysis
- Industry Landscape
- Fuel Card Market, Key Company Profiles
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