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Fuel Card Market Analysis, Manufacturing Cost Structure, Growth Opportunities, Market Drivers and Forecasts to 2023

Fuel Card Market: Global Demand Analysis & Opportunity Outlook 2023

 

New York, NY -- (SBWIRE) -- 11/07/2018 -- 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.

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Currently, there are mainly four oil companies issuing fuel cards in the Singapore. The main market players are ExxonMobil, Shell, SPC and Caltex. The Cumulative Sales of Fuel Card is about 1535K Units in 2015.
Fuel Card used by Moving Services, Packing Services, Postal and Courier Services, Logistics Services, Taxi Booking and Support Services, Freight Transport and Private Cars. Report data showed that 56.29% of the Fuel Card market demand in Private Cars, 10.49% in Freight Transport, and 8.27% in Taxi Booking and Support Services in 2015.
There are two kinds? productions constituting the Fuel Card, which are Active Cards and Non-Active Cards. Active Cards is important in the Fuel Card, with a Cumulative Sales market share nearly 71.01% in 2015.
Briefly speaking, in the next few years, Fuel Card industry will still be a relative steady industry. Sales of Fuel Card have brought a lot of opportunities, there will more companies enter into this industry.
Over the next five years, RRI projects that Fuel Card will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares and growth opportunities of Fuel Card market by product type, application, key companies and key regions.
To calculate the market size, RRI considers value generated from the sales of the following segments:

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Segmentation by product type:
- Active Cards
- Non-Active Cards

Segmentation by application:
- Taxis
- Buses
- Goods Vehicles
- Private Car
- Others

We can also provide the customized separate regional or country-level reports, for the following regions:
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- Korea
- Southeast Asia
- India
- Australia
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Spain
- Middle East & Africa
- Egypt
- South Africa
- Israel
- Turkey
- GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market.

The key players covered in this report:
- ExxonMobil
- Shell
- SPC
- Caltex
- DBS
- UOB
- OCBC
- Citibank
- Standard Chartered
- ANZ
- HSBC
- POSB
- American Express
- Maybank

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Research objectives
- To study and analyze the global Fuel Card market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
- To understand the structure of Fuel Card market by identifying its various subsegments.
- Focuses on the key global Fuel Card players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Fuel Card with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the size of Fuel Card submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.