PUBLISHER: Grand View Research | PRODUCT CODE: 1726386
PUBLISHER: Grand View Research | PRODUCT CODE: 1726386
U.S. Fuel Card Market Size, Share & Trends Analysis Report By Type (Branded Fuel Cards, Universal Fuel Cards, Merchant Fuel Cards), By Technology (Smart Cards, Standard Cards), By Application, And Segment Forecasts, 2025 - 2030
U.S. Fuel Card Market Size & Trends:
The U.S. fuel card market size was estimated at USD 88.03 billion in 2024 and is projected to grow at a CAGR of 9.4% from 2025 to 2030. The volatility and rise in fuel prices drive growth of the fuel card market as businesses and consumers seek ways to manage and mitigate the financial impact of fluctuating fuel costs. Fuel cards provide a practical solution to this challenge by offering tools and features that help users control expenses, access discounts, and gain better visibility into fuel-related spending. This has made fuel cards an increasingly attractive option for fleet operators, businesses, and individual drivers alike.
Rising fuel prices amplify the need for cost-saving measures, and fuel cards provide a way to reduce expenses through discounts, rewards programs, and cashback incentives. Many fuel card providers partner with specific gas stations or networks to offer discounted rates, which can lead to substantial savings over time. Such partnerships are expected to drive growth of the U.S. fuel card industry. For businesses with high fuel consumption, these savings can translate into improved profitability and a competitive edge in their respective industries. In addition, fuel cards often come with detailed reporting tools that allow businesses to analyze fuel usage patterns and identify opportunities for further cost reductions.
Moreover, the transparency provided by fuel cards drives the growth of the U.S. fuel card industry. As fuel prices rise, businesses and consumers become more vigilant about tracking their fuel expenses to avoid overspending. Fuel cards offer detailed transaction records, including the date, time, location, and amount of each purchase, which helps users monitor fuel consumption and detect any unauthorized or inefficient spending. This level of accountability is particularly valuable for fleet managers who need to ensure that their drivers are using fuel responsibly and adhering to company policies.
In addition, the increasing use of fuel cards among fleet operators for better cost management and expense tracking is driving growth in the fuel card market. Fleet operators are under constant pressure to reduce operational costs while maintaining efficiency and ensuring compliance with industry regulations. Fuel cards provide a comprehensive solution to these challenges, making them an attractive option for businesses managing fleets of vehicles.
Fuel cards offer fleet managers a streamlined way to monitor and control fuel expenses. Traditionally, fleet operators had to rely on paper receipts and manual tracking methods to monitor fuel consumption, which is time-consuming and prone to errors. With fuel cards, all fuel-related transactions are automatically recorded, creating detailed and accurate reports. These reports allow fleet managers to gain deeper insights into fuel usage patterns and identify potential inefficiencies or areas of waste. By consolidating all fuel expenses into one system, fuel cards make it easier to track and manage costs, which is crucial for maintaining profitability in a competitive market.
U.S. Fuel Card Market Report Segmentation
This report forecasts revenue growth at a country level and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the U.S. fuel card market report based on type, technology, and application:
- Type Outlook (Transaction Value, USD Billion, 2017 - 2030)
- Branded Fuel Cards
- Universal Fuel Cards
- Merchant Fuel Cards
- Technology Outlook (Transaction Value, USD Billion, 2017 - 2030)
- Smart Cards
- Standard Cards
- Application Outlook (Transaction Value, USD Billion, 2017 - 2030)
- Vehicle Service
- Parking
- Fuel Refill
- Toll Change
- Others
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. Country Based Segment Share Calculation
- 1.8. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. U.S. Fuel Card Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. U.S. Fuel Card Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic landscape
- 3.3.2.3. Social landscape
- 3.3.2.4. Technological landscape
- 3.3.2.5. Environmental landscape
- 3.3.2.6. Legal landscape
- 3.3.1. Industry Analysis - Porter's
Chapter 4. U.S. Fuel Card Market: Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. U.S. Fuel Card Market: Type Movement Analysis, USD Million, 2024 & 2030
- 4.3. Branded Fuel Cards
- 4.3.1. Branded Fuel Cards Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 4.4. Universal Fuel Cards
- 4.4.1. Universal Fuel Cards Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 4.5. Merchant Fuel Cards
- 4.5.1. Merchant Fuel Cards Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
Chapter 5. U.S. Fuel Card Market: Technology Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. U.S. Fuel Card Market: Technology Movement Analysis, USD Billion, 2024 & 2030
- 5.3. Smart Cards
- 5.3.1. Smart Cards Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 5.4. Standard Cards
- 5.4.1. Standard Cards Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
Chapter 6. U.S. Fuel Card Market: Application Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. U.S. Fuel Card Market: Application Movement Analysis, USD Billion, 2024 & 2030
- 6.3. Vehicle Service
- 6.3.1. Vehicle Service Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 6.4. Parking
- 6.4.1. Parking Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 6.5. Fuel Refill
- 6.5.1. Fuel Refill Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 6.6. Toll Change
- 6.6.1. Toll Change Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 6.7. Others
- 6.7.1. Others Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
Chapter 7. Competitive Landscape
- 7.1. Company Categorization
- 7.2. Company Market Positioning
- 7.3. Company Heat Map Analysis
- 7.4. Company Profiles/Listing
- 7.4.1. Circle K Stores, Inc.
- 7.4.1.1. Participant's Overview
- 7.4.1.2. Financial Performance
- 7.4.1.3. Product Benchmarking
- 7.4.1.4. Strategic Initiatives
- 7.4.2. Corpay, Inc.
- 7.4.2.1. Participant's Overview
- 7.4.2.2. Financial Performance
- 7.4.2.3. Product Benchmarking
- 7.4.2.4. Strategic Initiatives
- 7.4.3. WEX Inc.
- 7.4.3.1. Participant's Overview
- 7.4.3.2. Financial Performance
- 7.4.3.3. Product Benchmarking
- 7.4.3.4. Strategic Initiatives
- 7.4.4. TCS Fuel
- 7.4.4.1. Participant's Overview
- 7.4.4.2. Financial Performance
- 7.4.4.3. Product Benchmarking
- 7.4.4.4. Strategic Initiatives
- 7.4.5. Exxon Mobil Corporation
- 7.4.5.1. Participant's Overview
- 7.4.5.2. Financial Performance
- 7.4.5.3. Product Benchmarking
- 7.4.5.4. Strategic Initiatives
- 7.4.6. Shell
- 7.4.6.1. Participant's Overview
- 7.4.6.2. Financial Performance
- 7.4.6.3. Product Benchmarking
- 7.4.6.4. Strategic Initiatives
- 7.4.7. BP p.l.c.
- 7.4.7.1. Participant's Overview
- 7.4.7.2. Financial Performance
- 7.4.7.3. Product Benchmarking
- 7.4.7.4. Strategic Initiatives
- 7.4.8. RTS Financial Service, Inc.
- 7.4.8.1. Participant's Overview
- 7.4.8.2. Financial Performance
- 7.4.8.3. Product Benchmarking
- 7.4.8.4. Strategic Initiatives
- 7.4.9. P-Fleet
- 7.4.9.1. Participant's Overview
- 7.4.9.2. Financial Performance
- 7.4.9.3. Product Benchmarking
- 7.4.9.4. Strategic Initiatives
- 7.4.10. U.S. Bank
- 7.4.10.1. Participant's Overview
- 7.4.10.2. Financial Performance
- 7.4.10.3. Product Benchmarking
- 7.4.10.4. Strategic Initiatives
- 7.4.1. Circle K Stores, Inc.
List of Tables
- Table 1 U.S. fuel card market size estimates & forecasts 2017 - 2030 (USD Billion)
- Table 2 U.S. fuel card market, by type 2017 - 2030 (USD Billion)
- Table 3 U.S. fuel card market, by technology 2017 - 2030 (USD Billion)
- Table 4 U.S. fuel card market, by application 2017 - 2030 (USD Billion)
- Table 5 Branded fuel cards market, by country 2017 - 2030 (USD Billion)
- Table 6 Universal fuel cards market, by country 2017 - 2030 (USD Billion)
- Table 7 Merchant fuel cards market, by country 2017 - 2030 (USD Billion)
- Table 8 Smart cards market, by country 2017 - 2030 (USD Billion)
- Table 9 Standard cards market, by country 2017 - 2030 (USD Billion)
- Table 10 Vehicle service market, by country 2017 - 2030 (USD Billion)
- Table 11 Parking market, by country 2017 - 2030 (USD Billion)
- Table 12 Fuel refill market, by country 2017 - 2030 (USD Billion)
- Table 13 Toll change market, by country 2017 - 2030 (USD Billion)
- Table 14 Others market, by country 2017 - 2030 (USD Billion)
List of Figures
- Fig. 1 U.S. fuel card market segmentation
- Fig. 2 Market research process
- Fig. 3 Information procurement
- Fig. 4 Primary research pattern
- Fig. 5 Market research approaches
- Fig. 6 Value chain-based sizing & forecasting
- Fig. 7 Parent market analysis
- Fig. 8 Market formulation & validation
- Fig. 9 U.S. fuel card market snapshot
- Fig. 10 U.S. fuel card market segment snapshot
- Fig. 11 U.S. fuel card market competitive landscape snapshot
- Fig. 12 Market research process
- Fig. 13 Market driver relevance analysis (Current & future impact)
- Fig. 14 Market restraint relevance analysis (Current & future impact)
- Fig. 15 U.S. fuel card market: Type outlook key takeaways (USD Billion)
- Fig. 16 U.S. fuel card market: Type movement analysis (USD Billion), 2024 & 2030
- Fig. 17 Branded fuel cards market revenue estimates and forecasts, 2017 - 2030 (USD Billion)
- Fig. 18 Universal fuel cards market revenue estimates and forecasts, 2017 - 2030 (USD Billion)
- Fig. 19 Merchant fuel cards market revenue estimates and forecasts, 2017 - 2030 (USD Billion)
- Fig. 20 U.S. fuel card market: Technology outlook key takeaways (USD Billion)
- Fig. 21 U.S. fuel card market: Technology movement analysis (USD Billion), 2024 & 2030
- Fig. 22 Smart cards market revenue estimates and forecasts, 2017 - 2030 (USD Billion)
- Fig. 23 Standard cards market revenue estimates and forecasts, 2017 - 2030 (USD Billion)
- Fig. 24 U.S. fuel card market: Application outlook key takeaways (USD Billion)
- Fig. 25 U.S. fuel card market: Application movement analysis (USD Billion), 2024 & 2030
- Fig. 26 Vehicle service market revenue estimates and forecasts, 2017 - 2030 (USD Billion)
- Fig. 27 Parking market revenue estimates and forecasts, 2017 - 2030 (USD Billion)
- Fig. 28 Fuel refill market revenue estimates and forecasts, 2017 - 2030 (USD Billion)
- Fig. 29 Toll change market revenue estimates and forecasts, 2017 - 2030 (USD Billion)
- Fig. 30 Others market revenue estimates and forecasts, 2017 - 2030 (USD Billion)
- Fig. 31 Strategy framework
- Fig. 32 Company Categorization
