North America Aviation Fuel Card Market Forecast to 2030

According to the Research Team’ research, the North America aviation fuel card market was valued at US$ 1,361.79 million in 2022 and is expected to reach US$ 2,522.51 million by 2030, recording a CAGR of 8.0% from 2022 to 2030. Rising investments in new airport & fixed base operator center construction and growing adoption of sustainable aviation fuel are among the critical factors attributed to drive the North America aviation fuel card market growth.

Various developed and developing countries across the globe are focusing on increasing their total number of airports. In 2023, McKinney Air Center opened its first fixed-base operator facility in US.

In 2022, Skyservice expanded its network to California with the opening of a new jet center. Fixed-based operations (FBO) and maintenance services will be available at the 60,000 full-service private jet center at Napa County Airport (APC). These new projects are projected to attract high air traffic in the coming years. Increased air traffic at the newly built airports will lead to increased refueling and ancillary service activities, ultimately leading to high usage of aviation fuel cards. Aviation fuel card service providers, by partnering with the newly built fixed base operators, can support the network expansion as well as increase the overall usage of aviation fuel cards. Aviation fuel-producing companies can expand their aviation fuel sales by offering lucrative offers and discounts on their aviation fuel card usage at the new airports. Thus, rising investments in new airport and fixed base operator center construction is projected to create lucrative opportunities to expand their network and service offerings, which is anticipated to fuel the aviation fuel card market during the forecast period.

On the contrary, presence of alternative payment methods hamper the growth of North America aviation fuel card market.

Based on type, the North America aviation fuel card market is bifurcated into merchant and branded. The merchant segment held 71.9% market share in 2022, amassing US$ 979.58 million. It is projected to garner US$ 1,854.25 million by 2030 to register 8.3% CAGR during 2022-2030.

In terms of application, the North America aviation fuel card market is bifurcated into commercial and private. The commercial segment held 83.2% share of North America aviation fuel card market in 2022, amassing US$ 1,132.83 million. It is anticipated to garner US$ 2,122.08 million by 2030 to expand at 8.2% CAGR during 2022-2030.

Based on country, the North America aviation fuel card market is categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 69.1% share of North America aviation fuel card market in 2022. It was assessed at US$ 941.54 million in 2022 and is likely to hit US$ 1,768.28 million by 2030, registering a CAGR of 8.2% during 2022-2030.

Key players operating in the North America aviation fuel card market are Shell Plc, BP Plc, Associated Energy Group LLC, TITAN Aviation Fuels Inc, CSI Enterprises Inc, Total Energies SE, EPIC Aviation LLC, Kropp Holdings Inc, Avfuel Corp, and Multi Service Corp, among others.

In October 2022, TreviPay, the global B2B payments and invoicing network, today announced its launch of the Trivia Aviation Network, powered by KHI, to offer a co-branded, closed-loop card solution tailored to the needs of FBOs (fixed-base operators) and flight support service organizations who service the general and defense aviation industries, and their customers.

In August 2022, AEG Fuels announced that National Jets is now part of AEG Connect, AEG Fuels’ network of world-class FBOs. Headquartered at Fort Lauderdale-Hollywood International Airport (KFLL), National Jets joins a leading group of FBOs carefully selected for their world-class service, operational excellence, and competitive pricing.

1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Aviation Fuel Card Market Landscape
4.1 Overview
4.2 PORTER Analysis
4.3 Ecosystem Analysis
4.3.1 Fuel Card Suppliers
4.3.1.1 Branded Fuel Card Suppliers
4.3.1.2 Merchant Fuel Card Suppliers
4.3.2 End Users
4.3.3 List of Aviation Fuel Card Suppliers
5. North America Aviation Fuel Card Market – Key Industry Dynamics
5.1 North America Aviation Fuel Card Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Rising Fuel Consumption
5.2.2 Growing Demand for the Cost Optimization Using Fuel Cards
5.3 Market Restraints
5.3.1 Presence of Alternative Payment Methods
5.4 Market Opportunities
5.4.1 Growing Adoption of Sustainable Aviation Fuel
5.5 Future Trends
5.5.1 Rising Investments in New Airport and Fixed Base Operator Center Construction
5.6 Impact of Drivers and Restraints:
6. Aviation Fuel Card Market – North America Market Analysis
6.1 North America Aviation Fuel Card Market Revenue (US$ Million), 2020 – 2030
6.2 North America Aviation Fuel Card Market Forecast and Analysis
7. North America Aviation Fuel Card Market Analysis – Type
7.1 Merchant
7.1.1 Overview
7.1.2 Merchant: North America Aviation Fuel Card Market Revenue and Forecast to 2030 (US$ Million)
7.2 Branded
7.2.1 Overview
7.2.2 Branded: North America Aviation Fuel Card Market, Revenue and Forecast to 2030 (US$ Million)
8. North America Aviation Fuel Card Market Analysis – Application
8.1 Commercial
8.1.1 Overview
8.1.2 Commercial : North America Aviation Fuel Card Market Revenue and Forecast to 2030 (US$ Million)
8.2 Private
8.2.1 Overview
8.2.2 Private : North America Aviation Fuel Card Market Revenue and Forecast to 2030 (US$ Million)
9. North America Aviation Fuel Card Market – Country Analysis
9.1 Overview
9.1.1 North America Aviation Fuel Card Market Overview
9.1.2 North America Aviation Fuel Card Market Revenue and Forecasts and Analysis – By Country
9.1.2.1 North America Aviation Fuel Card Market Revenue and Forecasts and Analysis – By Country
9.1.2.2 US Aviation Fuel Card Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.2.1 US Aviation Fuel Card Market Breakdown by Type
9.1.2.2.2 US Aviation Fuel Card Market Breakdown by Application
9.1.2.3 Canada Aviation Fuel Card Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.3.1 Canada Aviation Fuel Card Market Breakdown by Type
9.1.2.3.2 Canada Aviation Fuel Card Market Breakdown by Application
9.1.2.4 Mexico Aviation Fuel Card Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.4.1 Mexico Aviation Fuel Card Market Breakdown by Type
9.1.2.4.2 Mexico Aviation Fuel Card Market Breakdown by Application
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Product Development
10.4 Mergers & Acquisitions
11. Company Profiles
11.1 Shell Plc
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 BP Plc
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Associated Energy Group LLC
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 TITAN Aviation Fuels Inc
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 CSI Enterprises Inc
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 TotalEnergies SE
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 EPIC Aviation LLC
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Kropp Holdings Inc
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Avfuel Corp
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Multi Service Corp
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 Word Index