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Global Fleet Card Market: Size, Trends and Opportunities (2019-2023 Edition)
August 2019
Global Fleet Card Market : Coverage
Executive Summary and Scope
Introduction/Market Overview
Global Market Analysis
Regional Analysis
Market Dynamics
Competitive Landscape
Company Profiling
Global Fleet Card Market : Coverage
Attributes Details
Title Global Fleet Card Market (2019-2023 Edition)
Coverage Global and Regional
Forecast Period of Market 2019-2023
Competition in the Market Fragmented
Key Players BP, WEX Inc., FLEETCOR and, Royal Dutch Shell
Scope of the Report
Global Fleet Card Market
A card especially designed for the payment the fuel stations are known as fuel cards or fleet cards. The card is similar in appearance like a creditcard, and works in a similar way A card especially designed for the payment the fuel stations are known as fuel cards or fleet cards. The card issimilar in appearance like a credit card, and works in a similar way. It is important for fleets to keep a close eye on fuel purchases in order tomanage and control fuel consumption. Such cards eradicate the manual task of submission of receipts, auditing and the issuance of checks.Smartchip technology (similar to Chip and PIN) is the largest development in the fleet card industry in recent years.
A wide variety of fleet cards are available in the market and each with different features and specifications. The most common types of fuelcards are: Branded Fuel Cards, Universal Fuel Cards and, Merchant Branded Cards. On the basis of type of vehicles, fleet cards are available forlight fleets and heavy fleets.
The global fuel card market has increased at a significant growth rate over the past few years and projections are made that the market wouldrise in the next four years i.e. 2019 to 2023. The global fuel card market is expected to increase on the back of rising demand for cashless fueltransactions, consolidation of the fragmented market, availability of a large number of value added services associated with fuel cards, etc. Yetthe market faces some challenges such as rising competition from new entrants, changing legal framework, volatile oil prices, rising consumerexpectations, etc.
The report entitled “Global Fleet Card Market (2019-2023 Edition)” provides an in-depth analysis of the global fuel card market with detaileddescription of market size and growth. The analysis includes market size in terms of value, volume, market share by region, by segment and byapplication.
Executive Summary
Fleet Card Market : Global Analysis
Global Fleet Card Market by Value
The global fleet card market value was US$.... billion in 2018. The global fleet card market is anticipated to rise up to US$.... billion by 2023 as compared to US$....billion in 2019, representing a CAGR of ….% over the years 2019 to 2023.
CAGRs
2019-2023 xx%
2016 2017 2018
US
$ B
illio
n
2019 2020 2021 2022 2023
US
$ B
illio
n
Fleet Card Market : Global Analysis
Global Fleet Card Market Share by Region; 2018 Global Fleet Card Market by Application; 2018
Global Fleet Card Market by Segment; 2018
Fleet Card Market : Regional Analysis
Europe Fleet Card Market by Value; 2019-2023 European Fleet Card Market by Volume; 2019-2023
European Fleet Card Market by Application; 2018 Application CAGR
2019-2023
Oil Fees xx%
Parking Fees xx%
Car Wash Fees xx%
Tolls xx%
Other Fees xx%
2019 2020 2021 2022 2023
US
$ B
illio
n
2019 2020 2021 2022 2023
Billio
n L
itres
Fleet Card Market : Regional Analysis
Germany Fleet Card Market by Value; 2019-2023 The UK Fleet Card Market by Value; 2019-2023
Spain Fleet Card Market by Value; 2019-2023 Region CAGR
2019-2023
Germany xx%
The UK xx%
Spain xx%
Rest of Europe xx%
2019 2020 2021 2022 2023
US
$ B
illio
n
2019 2020 2021 2022 2023
US
$ B
illio
n
2019 2020 2021 2022 2023
US
$ B
illio
n
Global Fleet Card Market : Dynamics
Growth Driver
•Value Added Services Gaining Attention
•Rising Cashless Transactions
Challenges
•Reshaping of Legal Frameworks
•High Consumer Expectations
Market Trends
• Rising EMV Migration
• Omnichannel Experience
Global Fleet Card Market : Competitive Landscape
• BP
• WEX Inc.
• FLEETCOR
• Royal Dutch Shell
Players Profiled
Note: The graphs on this slide are only for sample representation.