Market Research Reports : Hexa Research Europe Fuel Card Market | Page 2
Your Catalyst To a Lucrative Business
The universal card has penetrated the European market and fleet managers are inclined to use it due to the
various benefits it offers. Branded cards from the oil companies such as ESSO, BP, and Shell are widely used and
hold second largest market share in the forecast period.
The light weight vehicle is the ones who are major users of fuel cards. However, the heavy vehicles segment is
expected to grow over the forecast period owing to the increasing commercial transport.
The UK was the largest and is likely to be the fastest growing market with a CAGR of 20.7% over the forecast
period. Germany will see a steady growth during the forecast period. Many big players are opting for merger
and acquisition to expand their presence in the region. For instance, international players such WEX and
FLEETCOR have entered into Europe by taking over ExxonMobil and Shell respectively.
Hexa Research has segmented the Europe Fuel Card market on the basis of type and conveyance on a regional
and country level:
Segmentation By Type, 2014 - 2024 (USD Million)
• Universal card
• Branded/Proprietary card
• Merchant card/Bank card
Segmentation By Conveyance, 2014 - 2024 (USD Million)
• Light weight
• Heavy weight
Segmentation By Country, 2014 - 2024 (USD Million)
• Germany
• UK
• Italy
• France
• Spain
Key Players Analyzed
• FLEETCOR, LLC
• WEX
• DKV EURO SERVICE GmbH + Co. KG
• UK Fuels Limited
• W.A.G. Payment Solutions, a.s.
• BP PLC
• ExxonMobil Corporation.
• Shell
• Aral
• Total
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/consumer-
goods-industry
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