The major factors driving the Europe fuel card market include growing penetration of digital transactions, rising need of improved fuel management, and trending fuel card adoption in the transportation and logistics industries across Europe. However, security concerns related to fleet cards such as fuel card skimming, and fraudulent transactions are anticipated to hamper the Europe fuel card market growth. Furthermore, increased growth for prepaid cards, contactless card payments and technological innovations in fuel cards are expected to provide lucrative opportunities to the market.
The Europe fuel card market is segmented on the basis of type, application, and region. Based on type, the market is divided into branded, universal, and merchant. Depending on application, it is categorized into fuel refill, parking, vehicle service, toll charge and others. Country wise, it is analyzed across UK, Germany, France, Italy and Rest of Europe.
The report provides the profiles of key players operating in the Europe fuel card market such as 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, and WEX, Inc.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the Europe fuel card market and current & future trends to elucidate the imminent investment pockets.
Information about key drivers, restrains, and opportunities and their impact analysis on the Europe fuel card market size is provided.
Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the Europe fuel card market from 2016 to 2025 is provided to determine the market potential.
KEY MARKET SEGMENTS
Rest of Europe
KEY MARKET PLAYERS
Engen Petroleum Ltd.
Exxon Mobil Corporation
FirstRand Bank Limited
FleetCor Technologies, Inc.
Libya Oil Holdings Ltd.
Royal Dutch Shell plc
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
220.127.116.11. Need for improved fuel management
18.104.22.168. Penetration of digital transaction solutions
22.214.171.124. Growing transportation and logistics industry
126.96.36.199. Dearth of security measures
188.8.131.52. Growing prepaid and contactless card industry
184.108.40.206. Technological innovations in fuel cards
CHAPTER 4: FUEL CARD MARKET, BY TYPE
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
5.1.1. 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
5.3.1. 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
5.6.1. Key trends, growth factors, and opportunities
5.6.2. Market size and forecast
5.6.3. Market analysis, by country
CHAPTER 6: FUEL CARD MARKET, BY COUNTRY
6.1. Market overview
6.1.1. Market size and forecast, by country
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by type
6.2.3. Market size and forecast, by application
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by type
6.3.3. Market size and forecast, by application
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by type
6.4.3. Market size and forecast, by application
6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by type
6.5.3. Market size and forecast, by application
6.6. Rest of Europe
6.6.1. Key market trends, growth factors, and opportunities
6.6.2. Market size and forecast, by type
6.6.3. Market size and forecast, by application
CHAPTER 7: COMPANY PROFILES
7.1. BP P.L.C.
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Product portfolio
7.1.5. Business performance
7.1.6. Key strategic moves and developments
7.2. Engen Petroleum Ltd.
7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.2.5. Business performance
7.2.6. Key strategic moves and developments
7.3. Exxon Mobil Corporation
7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Product portfolio
7.3.5. Business performance
7.3.6. Key strategic moves and developments
7.4. FirstRand Bank Limited
7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio
7.4.5. Business performance
7.4.6. Key strategic moves and developments
7.5. FleetCor Technologies, Inc.
7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Product portfolio
7.5.5. Business performance
7.5.6. Key strategic moves and developments
7.6. Libya Oil Holdings Ltd.
7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Key strategic moves and developments
7.7. Puma Energy
7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Product portfolio
7.7.5. Business performance
7.7.6. Key strategic moves and developments
7.8. Royal Dutch Shell PLC
7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio
7.8.5. Business performance
7.8.6. Key strategic moves and developments
7.9. U.S. Bancorp
7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Product portfolio
7.9.5. Business performance
7.9.6. Key strategic moves and developments
7.10. WEX Inc.
7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Product portfolio
7.10.5. Business performance
7.10.6. Key strategic moves and developments
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. However, security concerns associated with fuel cards such as fleet card skimming, and fraudulent transactions hamper the Europe fuel card market growth. Based on 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 partnership of fuel merchants and fuel card providers.
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 and accessories.
Key Findings of the Europe Fuel Card Market:
The universal fuel card type accounted for the highest share of the Europe market in 2017, and is estimated to register a CAGR of 3.9% from 2018 to 2025.
In 2017, UK accounted for the highest revenue among the other countries.
Based on application, the fuel refill generated the highest revenue in 2017.
By card type, the merchant fuel card segment is anticipated to exhibit substantial growth during the forecast period.
Some of the key market players profiled in the report include BP Plc., 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, and WEX, Inc.
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.