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 Follow Us: