Global Fuel Card Market Growth (Status and Outlook) 2023-2029

Global Fuel Card Market Growth (Status and Outlook) 2023-2029

Fuel Card is used as a payment card most commonly for gasoline, diesel, and other fuels at gas stations. Fuel cards or gas cards, can help consumers’ business realize significant fuel savings and used to pay for vehicle maintenance and expenses.
LPI (LP Information)' newest research report, the “Fuel Card Industry Forecast” looks at past sales and reviews total world Fuel Card sales in 2022, providing a comprehensive analysis by region and market sector of projected Fuel Card sales for 2023 through 2029. With Fuel Card sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fuel Card industry.
This Insight Report provides a comprehensive analysis of the global Fuel Card 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 Fuel Card portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Fuel Card market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fuel Card 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 Fuel Card.
The global Fuel Card market size is projected to grow from US$ 782420 million in 2022 to US$ 1169730 million in 2029; it is expected to grow at a CAGR of 5.9% from 2023 to 2029.
Global Fuel Card key players include Sinopec Group, China National Petroleum Corporation, ExxonMobil, British Petroleum, Shell, etc. Global top five manufacturers hold a share about 90%. Asia-Pacific and Europe is the largest market, both with a share about 30%, followed by North America, with a share about 25 percent. In terms of product, Registered Fuel Card is the largest segment, with a share about 75%. And in terms of application, the largest application is Light Weight Vehicle, followed by Heavy Weight Vehicle.
This report presents a comprehensive overview, market shares, and growth opportunities of Fuel Card market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Registered Fuel Card
Non-Registered Fuel Card
Segmentation by application
Light Weight Vehicle
Heavy Weight Vehicle
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.