Global Commercial Fuel Cards Market Growth (Status and Outlook) 2023-2029
The commercial fuel cards are electronic cards used for fuel payments; these are much similar to credit cards. These cards are used for various types of fuels such as gasoline, diesel, and petrol at the gas stations. The major advantage of using these cards is it makes payment easier for drivers and fleet operators.
LPI (LP Information)' newest research report, the “Commercial Fuel Cards Industry Forecast” looks at past sales and reviews total world Commercial Fuel Cards sales in 2022, providing a comprehensive analysis by region and market sector of projected Commercial Fuel Cards sales for 2023 through 2029. With Commercial Fuel Cards sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commercial Fuel Cards industry.
This Insight Report provides a comprehensive analysis of the global Commercial Fuel Cards landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Commercial Fuel Cards portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Commercial Fuel Cards market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commercial Fuel Cards and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Commercial Fuel Cards.
The global Commercial Fuel Cards market size is projected to grow from US$ 5356 million in 2022 to US$ 6773.6 million in 2029; it is expected to grow at a CAGR of 3.4% from 2023 to 2029.
United States market for Commercial Fuel Cards is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Commercial Fuel Cards is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Commercial Fuel Cards is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Commercial Fuel Cards players cover ExxonMobil, Shell, SPC, Caltex, DBS, UOB, OCBC, Citibank and Standard Chartered, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Commercial Fuel Cards market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Magnetic
Optical
Chip
Segmentation by application
Taxis
Buses
Private Car
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ExxonMobil
Shell
SPC
Caltex
DBS
UOB
OCBC
Citibank
Standard Chartered
ANZ
HSBC
POSB
American Express
Maybank
Please note: The report will take approximately 2 business days to prepare and deliver.