Global Fuel Cards Market 2024-2028

Global Fuel Cards Market 2024-2028


The fuel cards market is forecasted to grow by USD 2977.4 mn during 2023-2028, accelerating at a CAGR of 6.36% during the forecast period. The report on the fuel cards market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising penetration of digitalization in every sector, benefits of fuel card, and rising loyalty programs.

Technavio's fuel cards market is segmented as below:

By Type
  • Branded
  • Universal
  • Merchant
By Geographical Landscape
  • Europe
  • North America
  • APAC
  • Middle East and Africa
  • South America
This study identifies the strategic alliance and acquisition as one of the prime reasons driving the fuel cards market growth during the next few years. Also, telematics interface and social media marketing will lead to sizable demand in the market.

The report on the fuel cards market covers the following areas:
  • Fuel cards market sizing
  • Fuel cards market forecast
  • Fuel cards market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fuel cards market vendors that include Bharat Petroleum Corp. Ltd., BP Plc, China National Petroleum Corp., DKV EURO SERVICE GmbH and Co. KG, Edenred SE, Exxon Mobil Corp., FirstRand Ltd., FleetCor Technologies Inc., Hindustan Petroleum Corp. Ltd., Indian Oil Corp. Ltd., OLA Energy Holdings Ltd., PETRONAS Chemicals Group Berhad, Shell plc, TotalEnergies SE, Trafigura Group Pte. Ltd., U.S. Bancorp, WEX Inc., and Worldline SA. Also, the fuel cards market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Fuel Cards Market 2018 - 2022
Historic Market Size - Data Table on Global Fuel Cards Market 2018 - 2022 ($ million)
4.2 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
6.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
6.3 Branded - Market size and forecast 2023-2028
Chart on Branded - Market size and forecast 2023-2028 ($ million)
Data Table on Branded - Market size and forecast 2023-2028 ($ million)
Chart on Branded - Year-over-year growth 2023-2028 (%)
Data Table on Branded - Year-over-year growth 2023-2028 (%)
6.4 Universal - Market size and forecast 2023-2028
Chart on Universal - Market size and forecast 2023-2028 ($ million)
Data Table on Universal - Market size and forecast 2023-2028 ($ million)
Chart on Universal - Year-over-year growth 2023-2028 (%)
Data Table on Universal - Year-over-year growth 2023-2028 (%)
6.5 Merchant - Market size and forecast 2023-2028
Chart on Merchant - Market size and forecast 2023-2028 ($ million)
Data Table on Merchant - Market size and forecast 2023-2028 ($ million)
Chart on Merchant - Year-over-year growth 2023-2028 (%)
Data Table on Merchant - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.4 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
8.5 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.6 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.7 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
8.8 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
8.9 UK - Market size and forecast 2023-2028
Chart on UK - Market size and forecast 2023-2028 ($ million)
Data Table on UK - Market size and forecast 2023-2028 ($ million)
Chart on UK - Year-over-year growth 2023-2028 (%)
Data Table on UK - Year-over-year growth 2023-2028 (%)
8.10 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ million)
Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
8.11 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
8.12 India - Market size and forecast 2023-2028
Chart on India - Market size and forecast 2023-2028 ($ million)
Data Table on India - Market size and forecast 2023-2028 ($ million)
Chart on India - Year-over-year growth 2023-2028 (%)
Data Table on India - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 BP Plc
BP Plc - Overview
BP Plc - Business segments
BP Plc - Key news
BP Plc - Key offerings
BP Plc - Segment focus
11.4 Edenred SE
Edenred SE - Overview
Edenred SE - Business segments
Edenred SE - Key news
Edenred SE - Key offerings
Edenred SE - Segment focus
11.5 Exxon Mobil Corp.
Exxon Mobil Corp. - Overview
Exxon Mobil Corp. - Business segments
Exxon Mobil Corp. - Key news
Exxon Mobil Corp. - Key offerings
Exxon Mobil Corp. - Segment focus
11.6 FirstRand Ltd.
FirstRand Ltd. - Overview
FirstRand Ltd. - Business segments
FirstRand Ltd. - Key offerings
FirstRand Ltd. - Segment focus
11.7 FleetCor Technologies Inc.
FleetCor Technologies Inc. - Overview
FleetCor Technologies Inc. - Business segments
FleetCor Technologies Inc. - Key offerings
FleetCor Technologies Inc. - Segment focus
11.8 PETRONAS Chemicals Group Berhad
PETRONAS Chemicals Group Berhad - Overview
PETRONAS Chemicals Group Berhad - Business segments
PETRONAS Chemicals Group Berhad - Key news
PETRONAS Chemicals Group Berhad - Key offerings
PETRONAS Chemicals Group Berhad - Segment focus
11.9 Shell plc
Shell plc - Overview
Shell plc - Business segments
Shell plc - Key news
Shell plc - Key offerings
Shell plc - Segment focus
11.10 TotalEnergies SE
TotalEnergies SE - Overview
TotalEnergies SE - Business segments
TotalEnergies SE - Key news
TotalEnergies SE - Key offerings
TotalEnergies SE - Segment focus
11.11 WEX Inc.
WEX Inc. - Overview
WEX Inc. - Business segments
WEX Inc. - Key news
WEX Inc. - Key offerings
WEX Inc. - Segment focus
11.12 Worldline SA
Worldline SA - Overview
Worldline SA - Business segments
Worldline SA - Key offerings
Worldline SA - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Global Market Characteristics
Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits5: Executive Summary - Chart on Market Segmentation by Type
Exhibits6: Executive Summary - Chart on Incremental Growth
Exhibits7: Executive Summary - Data Table on Incremental Growth
Exhibits8: Executive Summary - Chart on Company Market Positioning
Exhibits9: Parent Market
Exhibits10: Data Table on - Parent Market
Exhibits11: Market characteristics analysis
Exhibits12: Value Chain Analysis
Exhibits13: Offerings of companies included in the market definition
Exhibits14: Market segments
Exhibits15: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits16: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits19: Historic Market Size - Data Table on Global Fuel Cards Market 2018 - 2022 ($ million)
Exhibits20: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits23: Five forces analysis - Comparison between 2023 and 2028
Exhibits24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits29: Chart on Market condition - Five forces 2023 and 2028
Exhibits30: Chart on Type - Market share 2023-2028 (%)
Exhibits31: Data Table on Type - Market share 2023-2028 (%)
Exhibits32: Chart on Comparison by Type
Exhibits33: Data Table on Comparison by Type
Exhibits34: Chart on Branded - Market size and forecast 2023-2028 ($ million)
Exhibits35: Data Table on Branded - Market size and forecast 2023-2028 ($ million)
Exhibits36: Chart on Branded - Year-over-year growth 2023-2028 (%)
Exhibits37: Data Table on Branded - Year-over-year growth 2023-2028 (%)
Exhibits38: Chart on Universal - Market size and forecast 2023-2028 ($ million)
Exhibits39: Data Table on Universal - Market size and forecast 2023-2028 ($ million)
Exhibits40: Chart on Universal - Year-over-year growth 2023-2028 (%)
Exhibits41: Data Table on Universal - Year-over-year growth 2023-2028 (%)
Exhibits42: Chart on Merchant - Market size and forecast 2023-2028 ($ million)
Exhibits43: Data Table on Merchant - Market size and forecast 2023-2028 ($ million)
Exhibits44: Chart on Merchant - Year-over-year growth 2023-2028 (%)
Exhibits45: Data Table on Merchant - Year-over-year growth 2023-2028 (%)
Exhibits46: Market opportunity by Type ($ million)
Exhibits47: Data Table on Market opportunity by Type ($ million)
Exhibits48: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits49: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits50: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits51: Chart on Geographic comparison
Exhibits52: Data Table on Geographic comparison
Exhibits53: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits54: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits55: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits56: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits57: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits58: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits59: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits60: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits61: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits62: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits63: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits64: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits65: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits66: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits67: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits68: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits69: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits70: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits71: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits72: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits73: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits74: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits75: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits76: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits77: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits78: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits79: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits80: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits81: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits82: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits83: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits84: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits85: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits86: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits87: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits88: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits89: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibits90: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibits91: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibits92: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibits93: Market opportunity By Geographical Landscape ($ million)
Exhibits94: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits95: Impact of drivers and challenges in 2023 and 2028
Exhibits96: Overview on criticality of inputs and factors of differentiation
Exhibits97: Overview on factors of disruption
Exhibits98: Impact of key risks on business
Exhibits99: Companies covered
Exhibits100: Matrix on companies position and classification
Exhibits101: BP Plc - Overview
Exhibits102: BP Plc - Business segments
Exhibits103: BP Plc - Key news
Exhibits104: BP Plc - Key offerings
Exhibits105: BP Plc - Segment focus
Exhibits106: Edenred SE - Overview
Exhibits107: Edenred SE - Business segments
Exhibits108: Edenred SE - Key news
Exhibits109: Edenred SE - Key offerings
Exhibits110: Edenred SE - Segment focus
Exhibits111: Exxon Mobil Corp. - Overview
Exhibits112: Exxon Mobil Corp. - Business segments
Exhibits113: Exxon Mobil Corp. - Key news
Exhibits114: Exxon Mobil Corp. - Key offerings
Exhibits115: Exxon Mobil Corp. - Segment focus
Exhibits116: FirstRand Ltd. - Overview
Exhibits117: FirstRand Ltd. - Business segments
Exhibits118: FirstRand Ltd. - Key offerings
Exhibits119: FirstRand Ltd. - Segment focus
Exhibits120: FleetCor Technologies Inc. - Overview
Exhibits121: FleetCor Technologies Inc. - Business segments
Exhibits122: FleetCor Technologies Inc. - Key offerings
Exhibits123: FleetCor Technologies Inc. - Segment focus
Exhibits124: PETRONAS Chemicals Group Berhad - Overview
Exhibits125: PETRONAS Chemicals Group Berhad - Business segments
Exhibits126: PETRONAS Chemicals Group Berhad - Key news
Exhibits127: PETRONAS Chemicals Group Berhad - Key offerings
Exhibits128: PETRONAS Chemicals Group Berhad - Segment focus
Exhibits129: Shell plc - Overview
Exhibits130: Shell plc - Business segments
Exhibits131: Shell plc - Key news
Exhibits132: Shell plc - Key offerings
Exhibits133: Shell plc - Segment focus
Exhibits134: TotalEnergies SE - Overview
Exhibits135: TotalEnergies SE - Business segments
Exhibits136: TotalEnergies SE - Key news
Exhibits137: TotalEnergies SE - Key offerings
Exhibits138: TotalEnergies SE - Segment focus
Exhibits139: WEX Inc. - Overview
Exhibits140: WEX Inc. - Business segments
Exhibits141: WEX Inc. - Key news
Exhibits142: WEX Inc. - Key offerings
Exhibits143: WEX Inc. - Segment focus
Exhibits144: Worldline SA - Overview
Exhibits145: Worldline SA - Business segments
Exhibits146: Worldline SA - Key offerings
Exhibits147: Worldline SA - Segment focus
Exhibits148: Inclusions checklist
Exhibits149: Exclusions checklist
Exhibits150: Currency conversion rates for US$
Exhibits151: Research methodology
Exhibits152: Information sources
Exhibits153: Data validation
Exhibits154: Validation techniques employed for market sizing
Exhibits155: Data synthesis
Exhibits156: 360 degree market analysis
Exhibits157: List of abbreviations

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