Fuel Card Market Size, Share, and Trends 2024 to 2034

The global fuel card market size is calculated at USD 821.95 billion in 2025 and is forecasted to reach around USD 2,929.98 billion by 2034, accelerating at a CAGR of 15.21% from 2025 to 2034. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : February 2025
  • Report Code : 3865
  • Category : ICT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Fuel Card Market 

5.1. COVID-19 Landscape: Fuel Card Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Fuel Card Market, By Fleet Operator

8.1. Fuel Card Market Revenue and Volume, by Fleet Operator

8.1.1 Trucking Companies

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Delivery and Logistics Companies

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Construction and Contracting Firms

8.1.3.1. Market Revenue and Volume Forecast

8.1.4. Public Transit Agencies

8.1.4.1. Market Revenue and Volume Forecast

8.1.5. Utility and Service Companies

8.1.5.1. Market Revenue and Volume Forecast

8.1.6. Rental Car Agencies

8.1.6.1. Market Revenue and Volume Forecast

8.1.7. Government and Municipal Fleets

8.1.7.1. Market Revenue and Volume Forecast

Chapter 9. Global Fuel Card Market, By Cards

9.1. Fuel Card Market Revenue and Volume, by Cards

9.1.1. Fleet Fuel Cards

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Individual/Personal Fuel Cards

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Co-branded Fuel Cards

9.1.3.1. Market Revenue and Volume Forecast

9.1.4. Prepaid Fuel Cards

9.1.4.1. Market Revenue and Volume Forecast

9.1.5. Business Fuel Cards

9.1.5.1. Market Revenue and Volume Forecast

9.1.6. Commercial Fuel Cards

9.1.6.1. Market Revenue and Volume Forecast

9.1.7. Retailer-Specific Fuel Cards

9.1.7.1. Market Revenue and Volume Forecast

9.1.8. Travel Fuel Cards

9.1.8.1. Market Revenue and Volume Forecast

9.1.9. Corporate Fuel Cards

9.1.9.1. Market Revenue and Volume Forecast

9.1.10. Rewards Fuel Cards

9.1.10.1. Market Revenue and Volume Forecast

Chapter 10. Global Fuel Card Market, By Subscription 

10.1. Fuel Card Market Revenue and Volume, by Subscription

10.1.1. Basic Subscription

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. Premium Subscription

10.1.2.1. Market Revenue and Volume Forecast

10.1.3. Fleet Subscription

10.1.3.1. Market Revenue and Volume Forecast

10.1.4. Individual Subscription

10.1.4.1. Market Revenue and Volume Forecast

10.1.5. Corporate Subscription

10.1.5.1. Market Revenue and Volume Forecast

10.1.6. Business Subscription

10.1.6.1. Market Revenue and Volume Forecast

10.1.7. Enterprise Subscription

10.1.7.1. Market Revenue and Volume Forecast

10.1.8. Small Business Subscription

10.1.8.1. Market Revenue and Volume Forecast

10.1.9. Large Fleet Subscription

10.1.9.1. Market Revenue and Volume Forecast

10.1.10. Personal Subscription

10.1.10.1. Market Revenue and Volume Forecast

Chapter 11. Global Fuel Card Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Fleet Operator

11.1.2. Market Revenue and Volume Forecast, by Cards

11.1.3. Market Revenue and Volume Forecast, by Subscription

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Fleet Operator

11.1.4.2. Market Revenue and Volume Forecast, by Cards

11.1.4.3. Market Revenue and Volume Forecast, by Subscription

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Fleet Operator

11.1.5.2. Market Revenue and Volume Forecast, by Cards

11.1.5.3. Market Revenue and Volume Forecast, by Subscription

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Fleet Operator

11.2.2. Market Revenue and Volume Forecast, by Cards

11.2.3. Market Revenue and Volume Forecast, by Subscription

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Fleet Operator

11.2.4.2. Market Revenue and Volume Forecast, by Cards

11.2.4.3. Market Revenue and Volume Forecast, by Subscription

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Fleet Operator

11.2.5.2. Market Revenue and Volume Forecast, by Cards

11.2.5.3. Market Revenue and Volume Forecast, by Subscription

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Fleet Operator

11.2.6.2. Market Revenue and Volume Forecast, by Cards

11.2.6.3. Market Revenue and Volume Forecast, by Subscription

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Fleet Operator

11.2.7.2. Market Revenue and Volume Forecast, by Cards

11.2.7.3. Market Revenue and Volume Forecast, by Subscription

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Fleet Operator

11.3.2. Market Revenue and Volume Forecast, by Cards

11.3.3. Market Revenue and Volume Forecast, by Subscription

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Fleet Operator

11.3.4.2. Market Revenue and Volume Forecast, by Cards

11.3.4.3. Market Revenue and Volume Forecast, by Subscription

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Fleet Operator

11.3.5.2. Market Revenue and Volume Forecast, by Cards

11.3.5.3. Market Revenue and Volume Forecast, by Subscription

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Fleet Operator

11.3.6.2. Market Revenue and Volume Forecast, by Cards

11.3.6.3. Market Revenue and Volume Forecast, by Subscription

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Fleet Operator

11.3.7.2. Market Revenue and Volume Forecast, by Cards

11.3.7.3. Market Revenue and Volume Forecast, by Subscription

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Fleet Operator

11.4.2. Market Revenue and Volume Forecast, by Cards

11.4.3. Market Revenue and Volume Forecast, by Subscription

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Fleet Operator

11.4.4.2. Market Revenue and Volume Forecast, by Cards

11.4.4.3. Market Revenue and Volume Forecast, by Subscription

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Fleet Operator

11.4.5.2. Market Revenue and Volume Forecast, by Cards

11.4.5.3. Market Revenue and Volume Forecast, by Subscription

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Fleet Operator

11.4.6.2. Market Revenue and Volume Forecast, by Cards

11.4.6.3. Market Revenue and Volume Forecast, by Subscription

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Fleet Operator

11.4.7.2. Market Revenue and Volume Forecast, by Cards

11.4.7.3. Market Revenue and Volume Forecast, by Subscription

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Fleet Operator

11.5.2. Market Revenue and Volume Forecast, by Cards

11.5.3. Market Revenue and Volume Forecast, by Subscription

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Fleet Operator

11.5.4.2. Market Revenue and Volume Forecast, by Cards

11.5.4.3. Market Revenue and Volume Forecast, by Subscription

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Fleet Operator

11.5.5.2. Market Revenue and Volume Forecast, by Cards

11.5.5.3. Market Revenue and Volume Forecast, by Subscription

Chapter 12. Company Profiles

12.1. Shell

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Chevron

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. ENGEN

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. China Sinopec

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. U.S. Bancorp

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. ARCO

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Allstar

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. PetroChina

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Caltex

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. PUMA ENERGY

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The global fuel card market size is expected to increase USD 2,929.98 billion by 2034 from USD 711.39 billion in 2024.

The global fuel card market will register growth rate of 15.21% between 2025 and 2034.

The major players operating in the fuel card market are Shell, Chevron, ENGEN, China Sinopec, U.S. Bancorp, ARCO, Allstar, PetroChina, Caltex, PUMA ENERGY, FleetCor Technologies, OILIBYA, Total, EonMobil, UTA, Radius Payment Solutions Ltd, DKV EURO SERVICE GmbH + Co. KG, BP, WEX, and Others.

The driving factors of the fuel card market are the cost management and efficiency and technological advancements and integration.

North America region will lead the global fuel card market during the forecast period 2025 to 2034.

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