WiseGuyReports published new report, titled “Fuel Cards in Europe, Top 5 Markets”
Summary
“Fuel Cards in Europe, Top 5 Markets 2017″, is invaluable for issuers of fleet cards, fuel retailers, fleet leasing companies and other suppliers to the sector. Based on research with issuers and fuel retailers it provides commercial (B2B) fuel card volume (split by fleet and CRT), value and market share forecasts to 2022, key data on independent and oil company card issuers and an analysis of fuel card competition in the Top 5 European countries, France, Germany, Italy, Spain and the UK.
Fleets volumes will make up more than 48.0% of fuel card volumes in the top five by 2022.
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Companies mentioned
Shell
BP
Esso
DKV
UTA
TOTAL
Q8
Agip (Eni)
ROUTEX
AS24
Aral
OMV
Circle K
OMV
Eurowag
Avia
Auchan
AS24
Aral
Jet
Scope
– More than 730,000 fleet cards will be issued across the European top five markets over the next five years, as fleet vehicles are forced to use fuel cards to remain competitive. The total number of service stations in France marginally declined by 0.2% in 2016 totalling 11,380 service stations.
– Over 290,000 new fuel cards will be issued in Germany between 2016 and 2022, totalling to 5,638,973 cards in the market.
– The top five fuel card operators in Italy made up 88.5% of fuel card volumes in 2016 as they all offer large card acceptance networks and services such as online monitoring and toll payments.
– Repsol remained the dominant fuel card market leader in Spain despite losing market share accounting for 56.0% in 2016, as clients were drawn to its large domestic card network which accounts for over 31.0% of service stations in Spain. In the UK CRT card volumes increased by 2.9% in 2016. after rising by 2.7% in 2015.
Key points
– Plan effective market entry strategies by uncovering current and future volumes and values of the Top 5 Europe fuel card markets.
– Assess whether you should increase network acceptance of your card and identify potential new merchants by uncovering the position of competitors.
– Whether you are an issuer, a processor, a leasing company or a fuel retailer, make informed pitches to partners by understanding their business.
– Enhance fuel sales at your service stations by identifying which fuel cards you should accept based on their market shares and network acceptance.
– Plan your regional strategy by understanding the Top 5 European markets, France, Germany, Italy, Spain and the UK.
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