· Data Bridge Market Research analyses that the fuel cards market for commercial fleet is expected to reach the value of USD 3,432.08 million by the year 2029, at a CAGR of 5.8% during the forecast period.
· The wide-ranging Data Bridge market report covers an array of aspects of the market analysis which today’s businesses call for. This market document also defines a chapter on the global market and allied companies with their profiles, which provides important data pertaining to their insights in terms of finances, product portfolios, investment plans, and marketing and business strategies. This market research report is generated with a nice blend of industry insight, talent solutions, practical solutions and use of technology to advance user experience. An outstanding Data Bridge market report puts light on many aspects related to ABC industry and market.
Market Insights
§ Fleet cards are the type of payment card that allows businesses to manage expenses associated with the vehicles they own and operate. They, also known as fuel cards, act just like charge cards and are provided by major oil and/or specialized credit companies. Businesses provide their personnel with fleet cards for fuel, vehicle repairs, and maintenance. Fleet cards have been used for a long time, and are issued by companies to employees for corporate vehicles. The majority of companies that use fleet cards work in the transport industry.
§ Fleet cards are commonly used by trucking companies as well as those that provide delivery and ridesharing services. Fleet cards tend to be issued by a single company. This means cardholders can only use them at specific locations owned, operated, and franchised by the issuer. Businesses give these cards to their drivers and other employees who can use them instead of personal cards. This allows the card issuer to bill the company directly rather than the employee. This would save the employee time in filing expense reports to reimburse the cost at a later date.
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Industry Segmentation
The fuel cards market for commercial fleet is segmented on the basis of card type, features, subscription type, utility, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Card Type
- Universal Fuel Cards
- Branded Cards
- Merchant Fuel Cards
Features
- Mobile Payment & Cardless Transactions
- Vehicle Reporting
- Real-Time Updates
- EMV Compliant
- Tokenization
- Others
Subscription Type
- Registered Card
- Bearer Card
Utility
- Oil Fee Payment
- Toll Fee Payment
- Vehicle Parking Fees
- Fleet Maintenance
- Others
End-User
- Fleets
- Commercial Road Transport (CRT)
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U.K.
Ireland
Germany
Netherlands
Spain
Portugal
France
Czech Republic
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Some of the major players operating in the fuel cards market for commercial fleet are
Ø BP p.l.c., DKV EURO SERVICE GmbH + Co. KG, MORGAN FUELS, W.A.G. payment solutions. a.s., WEX Europe Services, UNION TANK Eckstein GmbH & Co KG (A Subsidiary of Edenred company), Cepsa, Galp Energia (A Subsidiary of Galp), Repsol, IDS Europe B.V., C2A, Andamur, AS 24 (A Subsidiary of TotalEnergies company) among others.
Ø Chapter One: Introduction
Ø Chapter Two: Industry analysis
Ø Chapter Three: Market Overview
Ø Chapter Four: Industry segmentation
Ø Chapter Five: Industry share analysis
Get TOC Details: https://www.databridgemarketresearch.com/toc/?dbmr=spain-fuel-cards-market
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