AMA Research, a global market research and consulting organization, have released a new study titled "B2B Fuel Cards market - Global outlook to 2027". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global B2B Fuel Cards market to grow at a CAGR of %.
The Forms, such as Branded Fuel Cards, is boosting the B2B Fuel Cards market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global B2B Fuel Cards market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Increasing demand for cashless fuel transactions worldwide and Availability of a large number of value added services related to fuel cards.
B2B fuel cards are a type of payment card that allows businesses to manage expenses associated with the vehicles that they own and operate. These cards are a popular choice for easy fleet management, simplified expenses and a cost-effective way to refuel. It makes the purchasing of fuel much easier. Moreover, it gives extra control and security, where we can restrict purchases to fuel only, or open it up to other forecourt services. Furthermore, B2B fuel cards are used by transportation employees for fuel as well as vehicle repairs and maintenance.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global B2B Fuel Cards market by Type (Special Fuel Card and Credit Card), by Application (Cars, Taxis, Buses, Goods Vehicles and Other) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market