"Global Fuel Cards Market Analysis By Type (Registered, Bearer), By Application (Oil Fees, Parking Fees, Car Wash, Tolls, Others), By Region, By Country: Opportunities and Forecast (2012-2022)"
Increasing fleet size coupled with rising penetration of the fuel cards across the developing regions is backing the growth in Global Fuel Cards Market. Additionally, increasing number of petrol and service stations is backing the growing fuel volume across various regions. Increasing offering of value added services combined with amplifying technological advancements is fuelling growth in the fuel cards market.
According to Azoth Analytics research report, “Global Fuel Cards Market Analysis By Type (Registered, Bearer), By Application (Oil Fees, Parking Fees, Car Wash, Tolls, Others), By Region, By Country: Opportunities and Forecast (2012-2022)”, Global Fuel Cards Market is projected to exhibit a CAGR of over ~19% during 2016 - 2021. On the basis of type, Fuel Cards Market has been segmented on the basis of Type (Bearer Card, Registered Card); By Application (Oil Fees, Parking Fees, Tolls, Car Wash, Others) By Region (North America, Europe, APAC, ROW) and By Country (United States of America, Canada, United Kingdom, Germany, Spain, Japan, China, South Korea).
The North American region remains the major market followed by Europe in the historical as well as forecast period. In the forecast period, APAC region will witness strong growth backed by emerging countries such as China and Japan. Market for Fuel Cards in North America is driven by emerging need of controlling the vehicle related fuel theft and the efficient fleet management
The report titled, According to Azoth Analytics research report, “Global Fuel Cards Market Analysis By Type (Registered, Bearer), By Application (Oil Fees, Parking Fees, Car Wash, Tolls, Others), By Region, By Country: Opportunities and Forecast (2012-2022)” has covered and analysed the potential of Global Fuel Cards Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the Global Fuel Cards Market. Additionally, the report also highlights market entry strategies for various companies across the globe.