European Fuel Card Market Introduction and Overview
According to SPER Market Research, the European Fuel Card Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the European Fuel Card Market, including market size and trends, product mix, distribution channels, and supplier analysis. A fuel card is a type of payment card that allows businesses and individuals to buy fuel and other vehicle-related products. These cards can be used at gas stations and often offer fuel price savings or reward points for fuel purchases. Fuel card sales have increased significantly in recent years, owing to increased demand from businesses and people looking to better control their fuel expenses. Fuel cards provide a number of advantages, including enhanced tracking and monitoring of fuel purchases, lower administrative expenses, better control over fuel usage, and increased security.
- Digitalization and Integration: The European gasoline card market is becoming more digitalized and integrated. Fuel card companies were increasingly offering digital solutions to help businesses better control their fuel expenses. It is now typical to integrate with fleet management and expense tracking software.
- Changes in legislation, such as tax policies and emissions rules, may have an impact on the fuel card industry. To comply with these restrictions and provide value to clients, fuel card companies had to adjust their offers.
Market Opportunities and Challenges
European Fuel Card market offers both large market possibilities and significant market challenges. In terms of opportunities, the demand for effective fleet management and cost control is growing, which is good news for the European fuel card market. Fuel cards are used by companies in a variety of industries to expedite gasoline payments, track fuel usage, and plan routes. Fuel cards that reward eco-friendly behaviour are becoming more popular due to the continuous focus on environmental sustainability, opening up a market for companies who supply these services.
However, in addition to these opportunities, the market faces significant difficulties. In order to stand out in a crowded field, gasoline card companies must constantly innovate and differentiate themselves. Changing regulatory landscapes and tax laws in European countries necessitate providers adapting their offerings to remain compliant, adding complexity to operations.
Market Competitive Landscape
The European fuel card market's competitive environment is characterized by a mix of well-established businesses, regional suppliers, and new entrants. Several big corporations, like Shell, BP, and Total, have a strong presence, providing gasoline cards with huge networks of linked fuel stations throughout Europe. These sector titans frequently benefit from brand familiarity, dependability, and the capacity to provide comprehensive fuel management services to huge international organizations.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By Application.
|
| Regions covered | United Kingdom, Germany, France, Italy, Others.
|
| Companies Covered | BP International Limited., European diesel Card Limited., Exxil Mobil Corporation, Fleet Cor Technologies Inc., Shell International B.V.
|
COVID-19 Impact on European Fuel Card Market
The epidemic of COVID-19 had a tremendous impact on the European gasoline card market. Global lockdowns and travel restrictions enforced by governments resulted in a huge decrease in petroleum use, particularly in the commercial transportation sector. This had a direct impact on fuel card providers' earnings because their consumers used much less fuel and hence purchased fewer fuel cards. As a result of the epidemic, many organizations and individuals reduced their travel and increased their usage of remote work and online services.
Key Target Audience
- Trucking Companies
- Delivery Services
- Taxis
- Rideshare Services
- Others
Our in-depth analysis of the European Fuel Card Market includes the following segments:
|
By Type:
|
Universal Cards
Branded Cards
Merchant Cards
|
|
By Application:
|
Parking
Fuel Refill
Vehicle Service
Toll Charge
|
Key Topics Covered in the Report
- European Fuel Card Market Size (FY’2023-FY’2033)
- Overview of European Fuel Card Market
- Segmentation of European Fuel Card Market By Type (Universal Cards, Branded Cards, Merchant Cards)
- Segmentation of European Fuel Card Market By Application (Parking, Fuel Refill, Vehicle Service, Toll Charge)
- Statistical Snap of European Fuel Card Market
- Expansion Analysis of European Fuel Card Market
- Problems and Obstacles in European Fuel Card Market
- Competitive Landscape in the European Fuel Card Market
- Impact of COVID-19 and Demonetization on European Fuel Card Market
- Details on Current Investment in European Fuel Card Market
- Competitive Analysis of European Fuel Card Market
- Prominent Players in the European Fuel Card Market
- SWOT Analysis of European Fuel Card Market
- European Fuel Card Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the European Fuel Card Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. European Fuel Card Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in European Fuel Card Market
7. European Fuel Card Market, By Type (USD Million)
7.1. European Fuel Card Market Value Share and Forecast, By Type, 2023-2033
7.2. Universal Cards
7.3. Branded Cards
7.4. Merchant Cards
8. European Fuel Card Market, By Application (USD Million)
8.1. European Fuel Card Market Value Share and Forecast, By Application, 2023-2033
8.2. Parking
8.3. Fuel Refill
8.4. Vehicle Service
8.5. Toll Charge
8.6. Others
9. European Fuel Card Market Forecast, 2019-2033 (USD Million)
9.1. European Fuel Card Market Size and Market Share
10. European Fuel Card Market, By Type, 2019-2033 (USD Million)
10.1. European Fuel Card Market Size and Market Share by Type (2019-2026)
10.2. European Fuel Card Market Size and Market Share by Type (2027-2033)
11. European Fuel Card Market, By Application, 2019-2033 (USD Million)
11.1. European Fuel Card Market Size and Market Share by Application (2019-2026)
11.2. European Fuel Card Market Size and Market Share by Application (2027-2033)
12. European Fuel Card Market, By Region, 2019-2033 (USD Million)
12.1. European Fuel Card Market Size and Market Share by Region (2019-2026)
12.2. European Fuel Card Market Size and Market Share by Region (2027-2033)
12.3. United Kingdom
12.4. Germany
12.5. France
12.6. Italy
12.7. Others
13. Company Profile
13.1. BP International Limited.
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. European Diesel Card Limited.
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Exxil Mobil Corporation
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Fleet Cor Technologies Inc.
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Shell International B.V
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
