Foreign fuels cards will hold a major share in Northern Europe Market in Future: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit A fuel card is a payment card used for gasoline, diesel, and other fuels at gas stations. These cards can also be used as payment for vehicle maintenance and expenses. The fuel card is similar to a credit card, and also works in a similar way. More than 50% of the Western Europe vehicles do not possess a fuel card. It was estimated that over 23,000 new fuel cards will be issued by the year 2021. Then the total cards being used in Western Europe would reach 1,240,248 cards. All fuel cards provide commercial business-to-business fuel card volume and are split by fleet and CRT. These cards also exhibit the market value and market share on independent and oil company card issuers and fuel card competition in Western Europe. Fleet card or fuel card volume in Ireland is sure to decline by the year 2021. Esso is the leading and largest fuel card operator in Luxembourg along with Shell being the largest CRT card operator. In Netherlands and Slovenia, the number of service stations increased. Fuel card volumes will increase drastically in Switzerland by the year 2021. The leading companies in the fuel cards market in Western Europe are AS24, Agip (Eni), Aral, BP, Circle K,OKQ8, DKV, Esso, MOL, Neste, OMV, Q8, ROUTEX, Shell, St1, TOTAL, Teboil and UTA. According to the research report “FUEL CARDS IN EUROPE, WESTERN MARKETS 2016”, it was observed that the number of fuel cards in Southern Europe has increased in the recent years. In Greece, the total number of service stations declined with a downfall in the fuel cards. However, in Portugal the fuel card volumes account for the total fuel sold by the year 2021 and with the increase in the fuel cards market. Foreign fuels cards will hold a major share in Northern Europe by the year 2021. It is expected that the Central and Eastern European commercial fuel cards with takeover the fuel cards business from the domestic operators. Denmark’s service stations declined over the past few years. Finland has prepared to issue 910,952 new fuel cards by the year 2021. In the Czech Republic, the total number of service stations has been declining from the past years. Estonia is all set to issue over 5,000 new fuel cards by the year 2021, totalling to 92,212 fuel cards. Western Europe provides international fuel cards to operate outside the country with flexible fuel card offerings. These international cards are used to pay for tolls and Eurovignettes on all major roads. This card reduces the need for drivers to carry cash and smooth journey worldwide with full tank fuel. The international fuel card covers major trunk roads and key border crossings, along with spanning a range of branded sites. Europe is expected to dominate the global fuel card market over the coming years. The GDP (Gross Domestic Product) of the European Union shows a drastic downfall in the recent years. The GDP of the European Union is depicted in the below graph. With the new trends in the fuel card market, it is estimated that the market will grow slowly and will continue a positive growth in the coming years. The leading competitors in the global fuel cards market are British Petroleum, WEX Inc., FLEETCOR and, Royal Dutch Shell. A wide variety of fuel cards are available in the global market with different features and specifications. The common fuel cards available globally are Branded Fuel Cards, Universal Fuel Cards and, Merchant Branded Cards. A slight growth was observed in the global fuel card market and it is expecting a positive growth by the year 2021. Global consumers demand for cashless fuel transactions which are directly leading to the growth in the fuel cards market. Fuel cards face few challenges such as rising competition from new competitors, changing legal framework, volatile oil prices, rising consumer expectations, many more factors. To know more, click on the link below” https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/fuel-cards-europe-western-markets-2016/85799-100.html Related reports Fuel Cards in Slovenia 2016 Fuel Cards in Switzerland 2016 Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications ankur [@] kenresearch.com +91-9015378249 www.kenresearch.com Post Views: 39 Tags: Europe Fuel Card Industry Analysis, Europe Fuel Card Market Analysis, Europe Fuel Card Market Future Outlook, Europe Plastic Money Market Analysis, Europe Plastic Payment Cards Market, Fuel Card Demand Trends In Europe, Germany Fuel Cards Market Research, Global fuel cards market research, Ireland Fuel Cards Market Research, Slovenia Fuel Cards Market Research, Western Europe Fuel Cards Market Research