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Growing focus on efficient fuel management systems and digital disruption in finance industry drove fuel card transactions to over US$ 1 trillion in 2018, according to a new study by Fact.MR.

Stringent fuel efficiency laws and regulations are being imposed by governing bodies, which is influencing businesses to incorporate fuel management systems and limit their fuel consumption.Request to View Sample of Report @ https://www.factmr.com/connectus/sample?flag=S_id=265Trucking Industry Holds Significant Share in the Fuel Card MarketFact.MR finds that undergoing digital transformation and environmental regulations have triggered adoption of fuel cards for optimizing fuel consumption among truck fleet operators.

Fact.MR opines truck fleet operators currently account for nearly 70% transactional value of fuel cards globally.Robust freight demand, triggered by the rapidly-growing e-commerce sector, has fueled the growth of the trucking industry around the world.

As a result of increasing manufacturing output and discretionary spending, leading truck fleet operators have expanded in terms of fleet size and bulk fuel purchasing.Fleet management teams have discovered the efficiency, simplicity, and productivity of fuel cards for accounting fuel expenses of the company.

Leading players in the trucking industry are implementing digital fleet management systems, which involve the use of fuel cards, in order to improve profitability of their businesses.

Innovative electric vehicle fuel cards can provide similar controls as conventional fuel cards to track when and where drivers are plugging in electric vehicles to be recharged.A Methodology of this Report is Available upon Request @ https://www.factmr.com/connectus/sample?flag=RM_id=265Offering High-level Payment Security Remains Focus for Market PlayersThe fuel card industry has cross the trillion dollar mark and market leaders have established their customer base of leading oil companies as well as large fleet management organizations.

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Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the global Fuel Card market during the historical period of 2014 – 2019.

The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2020, and key prospects over the forecast period 2020 – 2030.

The study includes a thorough analysis of the overall competitive landscape and the company profiles of leading market players involved in the global Fuel Card market.

Further, the presented study offers accurate insights pertaining to the different segments of the Global Fuel Card market such as the market share, value, revenue, and how each segment is expected to fair post the COVID-19 pandemic.Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections of the Fuel Card market, both at global and regional levels.

The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Fuel Card market.

The global fuel card market is estimated to grow at a CAGR of over 6.5% during the forecast period (2020-2030), reaching a value pool of over US$ 2,500 Bn.After reading the Fuel Card market report, readers get insight into: Major drivers and restraining factors, opportunities and challenges, and the competitive landscapeNew, promising avenues in key regionsNew revenue streams for all players in emerging marketsFocus and changing role of various regulatory agencies in bolstering new opportunities in various regionsDemand and uptake patterns in key industries of the Fuel Card marketNew research and development projects in new technologies in key regional marketsChanging revenue share and size of key product segments during the forecast periodTechnologies and business models with disruptive potential Request for Sample Report with Statistical Info @ https://www.factmr.com/connectus/sample?flag=S_id=265   The Fuel Card market report offers assessment of prevailing opportunities in various regions and evaluates their shares of revenue by the end of different years of the assessment period.