Europe Fuel Cards Market for Commercial Fleet is Growing with a CAGR of 6.3% in the Forecast Period of 2022 to 2029

Europe Fuel Cards Market for Commercial Fleet is growing with factors such as increasing demand of monitoring vehicle purchase & fuel economy, the growing inclination towards the digital banking & increasing demand of cashless fuel transaction.

However, higher rate of interest for the card on the fuel purchase is restraining the growth of the market to an extent.

Europe Fuel Cards Market for Commercial Fleet Scenario

According to Data Bridge Market Research, the Europe fuel cards market for commercial fleet  in U.K. has the highest market share followed by Germany & France. Market leader is bp p.l.c which caters almost 9.03% market share. Some of the recent development by the company are:

  • In October 2021, bp p.l.c. had launched its new mobility station in Mumbai. The company partnered with Reliance Industries Limited had launched Jio-bp branded mobility stations. This will help company to increase its customer portfolio and strengthen the market holdings

Europe Fuel Cards Market for Commercial FleetTrends Impacting the Market

Now the question is which other country bp p.l.c, OMV Aktiengesellschaft, Exxon Mobil Corporation are targeting? Data Bridge Market Research has forecasted a large growth of fuel card market in U.K, Germany and France to be their next pocket revenue for 2022.

Some of the major players operating in the Europe fuel cards market for commercial fleet are Exxon Mobil Corporation, Shell, UK Fuels Limited, W.A.G. payment solutions, a.s, bp p.l.c, DKV EURO SERVICE Gmbh + Co. KG, Wex Europe Services, UTA (an Edenred company), OMV Aktiengesellschaft, and TotalEnergies among others.

 For more analysis on the Europe fuel cards market for commercial fleet request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=europe-fuel-cards-market

Europe Fuel Cards Market for Commercial Fleet Developments

  • In November 2021, UK Fuels Limited had expanded its fuel card network to 308 Sainsbury’s fuel station locations. This expansion had helped the company to increase its business towards a niche segment that is supermarket fuel stations which resulted in acquiring 83% of U.K. supermarket fuel station network and became the major player for fuel cards.
  • In November 2021, Exxon Mobil Corporation had signed an agreement with an energy company, Pertamina from Indonesia. This agreement had helped the company to get the access new technologies for carbon capture, utilization and storage and also help in strengthening the evaluation of projects and commercialize low-emission technologies.
  • In October 2021, Shell Retail and Convenience Operations LLC, a subsidiary of Shell Oil Products had announced the acquisition of Landmark group of companies. This acquisition will help the company to operate stores in Texas under Timewise brand which helps to increase the company’s global footprint in core markets along with expansion of product portfolio

Scope of The Europe Fuel Cards Market for Commercial Fleet

All country based analysis of the global lymphedema treatment market is further analyzed based on maximum granularity into further segmentation. On the basis of card type, the Europe fuel card market for commercial fleet is segmented into universal fuel cards, branded fuel cards, and merchant fuel cards. On the basis of features, the Europe fuel card market for commercial fleet is segmented into vehicle reporting, EMV compliant, tokenization, real time updates, mobile payment & cardless transactions, and others. On the basis of subscription type, the Europe fuel card market for commercial fleet is segmented into registered card and bearer card. On the basis of utility, the Europe fuel card market for commercial fleet is segmented into vehicle parking fees, oil fee payment, fleet maintenance, toll fee payment, and others. On the basis of end-user, the Europe fuel card market for commercial fleet is segmented into delivery fleets, taxi cab fleets, car rental fleets, public utility fleets, and others.

To know more about the study https://www.databridgemarketresearch.com/reports/europe-fuel-cards-market

Key Pointers Covered in the Europe Fuel Cards Market for Commercial Fleet- Industry Trends and Forecast to 2029

  • Market Size
  • Top to Bottom Market Analysis
  • Recent Developments for Market Competitors
  • Recent Market Value for Different Countries
  • Market value and over view of Europe fuel cards market for commercial fleet market
  • Company profiling of top  players of Europe fuel cards market for commercial fleet market

Key Market Competitors Covered in the Report

  • Exxon Mobil Corporation
  • Shell
  • UK Fuels Limited
  • W.A.G. payment solutions, a.s.
  • bp p.l.c
  • DKV EURO SERVICE Gmbh + Co. KG
  • Wex Europe Services
  • UTA (an Edenred company)
  • OMV Aktiengesellschaft
  • TotalEnergies

Above are the key players covered in the report, to know about more and exhaustive list of fuel cards market for commercial fleet companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=europe-fuel-cards-market

Research Methodology: Europe Fuel Cards Market for Commercial Fleet

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Manufacturer, Researchers, Scientists, Research Laboratories
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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