Short Description
Europe Fuel Card Market For Commercial Fleet, By Card Type (Universal Fuel Cards, Branded Fuel Cards, Merchant Fuel Cards), Features (Vehicle Reporting, EMV Compliant, Tokenization, Real Time Updates, Mobile Payment & Cardless Transactions, Others), Subscription Type (Registered Card, Bearer Card), Utility (Vehicle Parking Fees, Oil Fee Payment, Fleet Maintenance, Toll Fee Payment, Others), End-User (Delivery Fleets, Taxi Cab Fleets, Car Rental Fleets, Public Utility Fleets, Others), Country (U.K., Germany, France, Italy, Spain, Russia, Netherlands, Belgium, Switzerland, Turkey, and Rest of Europe) Industry Trends and Forecast to 2029
Market Definition
A fuel card for commercial fleet is used as a fuel payment method at the fuel stations along with some additional services included such as payment of vehicle maintenance, vehicle parking, toll fee among others. Fuel cards also provide some advanced features such as convenient and comprehensive reporting for fleets, real time updates to track the expenses among others. The fuel cards generally provide a level of oversight, allowing businesses to better manage their expenses as well as identify cost-related trends. The fuel cards are generally issued by the companies or working organizations as it reduces the administrative expenses associated with maintaining a reimbursement program to pay employees for the amount they use on gas and vehicle maintenance.
Market Segmentation
Europe fuel card market for commercial fleet is segmented into five notable segments which are based on the card type, features, subscription type, utility, and end-user.
On the basis of card type, the Europe fuel card market for commercial fleet is segmented into universal fuel cards, branded fuel cards, and merchant fuel cards
On the basis of features, the Europe fuel card market for commercial fleet is segmented into vehicle reporting, EMV compliant, tokenization, real time updates, mobile payment & cardless transactions, and others
On the basis of subscription type, the Europe fuel card market for commercial fleet is segmented into registered card and bearer card
On the basis of utility, the Europe fuel card market for commercial fleet is segmented into vehicle parking fees, oil fee payment, fleet maintenance, toll fee payment, and others
On the basis of end-user, the Europe fuel card market for commercial fleet is segmented into delivery fleets, taxi cab fleets, car rental fleets, public utility fleets, and others
Market Players
Some of the major players operating in the Europe fuel card market for commercial fleet are:
Exxon Mobil Corporation
Shell
UK Fuels Limited
W.A.G. paymentsolutions, a.s.
bp p.l.c.
DKV EURO SERVICE GmbH+Co. KG
WEX Europe Services
UTA (an Edenred company)
OMV Aktiengesellschaft
MORGAN FUELS
TotalEnergies
Valero Marketing and Supply Company
TABLE OF CONTENTS
1 INTRODUCTION 24
1.1 OBJECTIVES OF THE STUDY 24
1.2 MARKET DEFINITION 24
1.3 OVERVIEW OF EUROPE FUEL CARDS FOR COMMERCIAL FLEET 24
1.4 CURRENCY AND PRICING 25
1.5 LIMITATIONS 26
1.6 MARKETS COVERED 26
2 MARKET SEGMENTATION 29
2.1 MARKETS COVERED 29
2.2 GEOGRAPHICAL SCOPE 30
2.3 YEARS CONSIDERED FOR THE STUDY 30
2.4 DBMR TRIPOD DATA VALIDATION MODEL 31
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 34
2.6 DBMR MARKET POSITION GRID 36
2.7 VENDOR SHARE ANALYSIS 37
2.8 MULTIVARIATE MODELING 38
2.9 CARD TYPE TIMELINE CURVE 39
2.10 MARKET UTILITY COVERAGE GRID 40
2.11 SECONDARY SOURCES 41
2.12 ASSUMPTIONS 41
3 EXECUTIVE SUMMARY 42
4 PREMIUM INSIGHTS 44
4.1 CASE STUDIES 45
4.1.1 INTEGRAL 45
4.1.1.1 IDENTIFYING THE PROBLEM 45
4.1.1.2 SOLUTION 45
4.1.2 TOTAL PRODUCE 45
4.1.2.1 IDENTIFYING THE PROBLEM 45
4.1.2.2 SOLUTION 45
4.2 REGULATORY FRAMEWORK 45
4.2.1 PSD (PAYMENT SERVICE DIRECTIVE) 45
4.2.2 DIRECTIVE (EU) 2015/2366 46
4.3 TECHNOLOGICAL TRENDS 46
4.3.1 MOBILE & CONNECTED PAYMENTS 46
4.3.2 TELEMATICS INTERFACE 46
4.3.3 HOST CARD EMULATION 47
4.4 PRICING ANALYSIS 47
4.5 SUPPLY CHAIN ANALYSIS 47
4.6 TOP FLEET LEASING COMPANIES IN EUROPE 48
4.6.1 TOTAL COST OF OWNERSHIP (TCO) FOR A HEAVY DUTY FLEET 48
5 MARKET OVERVIEW 50
5.1 DRIVERS 52
5.1.1 INCREASE IN DEMAND OF MONITORING VEHICLE PURCHASE & FUEL ECONOMY 52
5.1.2 THE GROWTH IN INCLINATION TOWARDS THE DIGITAL BANKING 52
5.1.3 INCREASE IN DEMAND FOR SECURE CASHLESS FUEL TRANSACTIONS ACROSS THE REGION 53
5.2 RESTRAINTS 54
5.2.1 HIGHER FUEL SURCHARGE (FSC) FEE BY A CARRIER 54
5.2.2 FUEL CARD ACCOUNTS CAN ONLY BE SET UP FOR BUSINESSES PURPOSES 54
5.3 OPPORTUNITIES 55
5.3.1 RISING IN THE STRATEGIC ACQUISITIONS AND PARTNERSHIPS AMONG VARIOUS ORGANIZATIONS 55
5.3.2 AVAILABILITY OF LUCRATIVE DISCOUNTS OVER THE FUEL CARDS 56
5.3.3 EFFICIENT FLEET ADMINISTRATION WITH THE HELP OF ENHANCED DATA CAPTURE 56
5.4 CHALLENGES 57
5.4.1 RISE IN NUMBER OF SKIMMERS TO DISGUISE PURCHASES TO STEAL FUEL 57
5.4.2 INCREASE IN CONCERN OF THE SECURITY ISSUES WITH THE FUEL CARD PAYMENT 57
6 ANALYSIS ON IMPACT OF COVID 19 ON THE EUROPE FUEL CARDS MARKET FOR COMMERCIAL FLEET 58
6.1 AFTERMATH OF THE EUROPE FUEL CARD MARKET FOR COMMERCIAL FLEET 58
6.2 STRATEGIC DECISIONS FOR MANUFACTURERS AFTER COVID-19 TO GAIN COMPETITIVE MARKET SHARE 58
6.3 IMPACT ON PRICE 59
6.4 IMPACT ON DEMAND 59
6.5 IMPACT ON SUPPLY CHAIN 60
6.6 CONCLUSION 60
7 EUROPE FUEL CARD MARKET FOR COMMERCIAL FLEET, BY CARD TYPE 61
7.1 OVERVIEW 62
7.2 UNIVERSAL FUEL CARDS 63
7.2.1 FUEL CREDIT CARDS 64
7.2.2 OVER THE ROAD FUEL CARD 64
7.2.3 NETWORK CARDS 64
7.3 BRANDED FUEL CARDS 64
7.4 MERCHANT FUEL CARDS 65
8 EUROPE FUEL CARD MARKET FOR COMMERCIAL FLEET, BY FEATURES 66
8.1 OVERVIEW 67
8.2 MOBILE PAYMENT & CARDLESS TRANSACTIONS 68
8.3 VEHICLE REPORTING 68
8.4 REAL TIME UPDATES 69
8.5 EMV COMPLIANT 69
8.6 TOKENIZATION 70
8.7 OTHERS 70
9 EUROPE FUEL CARD MARKET FOR COMMERCIAL FLEET, BY SUBSCRIPTION TYPE 71
9.1 OVERVIEW 72
9.2 REGISTERED CARD 73
9.3 BEARER CARD 73
10 EUROPE FUEL CARD MARKET FOR COMMERCIAL FLEET, BY UTILITY 74
10.1 OVERVIEW 75
10.2 OIL FEE PAYMENT 76
10.3 FLEET MAINTENANCE 76
10.4 VEHICLE PARKING FEES 77
10.5 TOLL FEE PAYMENT 77
10.6 OTHERS 77
11 EUROPE FUEL CARD MARKET FOR COMMERCIAL FLEET, BY END-USER 78
11.1 OVERVIEW 79
11.2 DELIVERY FLEETS 80
11.2.1 MEDIUM/HEAVY DUTY FLEET 81
11.2.2 LIGHT DUTY FLEET 81
11.2.3 UNIVERSAL FUEL CARDS 81
11.2.4 BRANDED FUEL CARDS 81
11.2.5 MERCHANT FUEL CARDS 81
11.3 TAXI CAB FLEETS 82
11.3.1 UNIVERSAL FUEL CARDS 82
11.3.2 BRANDED FUEL CARDS 82
11.3.3 MERCHANT FUEL CARDS 82
11.4 CAR RENTAL FLEETS 83
11.4.1 UNIVERSAL FUEL CARDS 83
11.4.2 BRANDED FUEL CARDS 83
11.4.3 MERCHANT FUEL CARDS 83
11.5 PUBLIC UTILITY FLEETS 84
11.5.1 UNIVERSAL FUEL CARDS 84
11.5.2 BRANDED FUEL CARDS 84
11.5.3 MERCHANT FUEL CARDS 84
11.6 OTHERS 85
11.6.1 UNIVERSAL FUEL CARDS 85
11.6.2 BRANDED FUEL CARDS 85
11.6.3 MERCHANT FUEL CARDS 85
12 EUROPE FUEL CARDS MARKET FOR COMMERCIAL FLEET, BY COUNTRY 86
12.1 EUROPE 86
12.1.1 U.K. 96
12.1.2 GERMANY 102
12.1.3 FRANCE 108
12.1.4 ITALY 114
12.1.5 SPAIN 120
12.1.6 RUSSIA 126
12.1.7 NETHERLANDS 132
12.1.8 BELGIUM 138
12.1.9 SWITZERLAND 144
12.1.10 TURKEY 150
12.1.11 REST OF EUROPE 156
13 EUROPE FUEL CARDS MARKET FOR COMMERCIAL FLEET, COMPANY LANDSCAPE 157
13.1 COMPANY SHARE ANALYSIS: EUROPE 157
14 COMPANY PROFILE 158
14.1 BP P.L.C. 158
14.1.1 COMPANY SNAPSHOT 158
14.1.2 REVENUE ANALYSIS 158
14.1.3 SWOT ANALYSIS 159
14.1.4 PRODUCT PORTFOLIO 159
14.1.5 RECENT DEVELOPMENTS 159
14.1.6 DBMR ANALYSIS 161
14.2 OMV AKTIENGESELLSCHAFT 162
14.2.1 COMPANY SNAPSHOT 162
14.2.2 REVENUE ANALYSIS 162
14.2.3 SWOT ANALYSIS 163
14.2.4 PRODUCT PORTFOLIO 163
14.2.5 RECENT DEVELOPMENTS 163
14.2.6 DBMR ANALYSIS 164
14.3 EXXON MOBIL CORPORATION 165
14.3.1 COMPANY SNAPSHOT 165
14.3.2 REVENUE ANALYSIS 165
14.3.3 SWOT ANALYSIS 166
14.3.4 PRODUCT PORTFOLIO 167
14.3.5 RECENT DEVELOPMENTS 167
14.3.6 DBMR ANALYSIS 168
14.4 VALERO MARKETING AND SUPPLY COMPANY 169
14.4.1 COMPANY SNAPSHOT 169
14.4.2 REVENUE ANALYSIS 169
14.4.3 SWOT ANALYSIS 170
14.4.4 PRODUCT PORTFOLIO 170
14.4.5 RECENT DEVELOPMENTS 170
14.4.6 DBMR ANALYSIS 171
14.5 UK FUELS LIMITED 172
14.5.1 COMPANY SNAPSHOT 172
14.5.2 SWOT ANALYSIS 172
14.5.3 PRODUCT PORTFOLIO 173
14.5.4 RECENT DEVELOPMENTS 173
14.5.5 DBMR ANALYSIS 174
14.6 DKV EURO SERVICE GMBH + CO. KG 175
14.6.1 COMPANY SNAPSHOT 175
14.6.2 PRODUCT PORTFOLIO 175
14.6.3 RECENT DEVELOPMENTS 176
14.7 MORGAN FUELS 177
14.7.1 COMPANY SNAPSHOT 177
14.7.2 PRODUCT PORTFOLIO 177
14.7.3 RECENT DEVELOPMENTS 177
14.8 TOTALENERGIES 179
14.8.1 COMPANY SNAPSHOT 179
14.8.2 REVENUE ANALYSIS 179
14.8.3 PRODUCT PORTFOLIO 180
14.8.4 RECENT DEVELOPMENTS 180
14.9 SHELL 182
14.9.1 COMPANY SNAPSHOT 182
14.9.2 REVENUE ANALYSIS 182
14.9.3 PRODUCT PORTFOLIO 183
14.9.4 RECENT DEVELOPMENTS 183
14.10 UTA (AN EDENRED COMPANY) 184
14.10.1 COMPANY SNAPSHOT 184
14.10.2 REVENUE ANALYSIS 184
14.10.3 PRODUCT PORTFOLIO 185
14.10.4 RECENT DEVELOPMENTS 185
14.11 W.A.G. PAYMENT SOLUTIONS, A.S. 186
14.11.1 COMPANY SNAPSHOT 186
14.11.2 REVENUE ANALYSIS 186
14.11.3 PRODUCT PORTFOLIO 187
14.11.4 RECENT DEVELOPMENTS 187
14.12 WEX EUROPE SERVICES 188
14.12.1 COMPANY SNAPSHOT 188
14.12.2 PRODUCT PORTFOLIO 188
14.12.3 RECENT DEVELOPMENTS 189
15 QUESTIONNAIRE 190
16 RELATED REPORTS 194