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MARKET REPORT

Fuel Card Market – Analysis and Forecast up to 2018 – 2028

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The detailed study on the Fuel Card Market offers valuable insights related to the overall prospects of the Fuel Card Market over the forecast period 2018 – 2028. The study takes into account the micro and macro-economic factors that are projected to impact the growth of the Fuel Card Market in the upcoming years. In addition, the study maps the current trends, market drivers, opportunities, and restraints that are expected to shape the overall prospects of the Fuel Card Market during the assessment period.

The report touches upon the various innovations and technological advances that are expected to impact the growth of the Fuel Card Market. Further, an in-depth assessment of the various market segments and sub-segments is accurately represented in the report along with informative graphs, tables, and figures.

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The regional assessment of the Fuel Card Market introspects the scenario of the Fuel Card market in each region. The revenue share, growth potential, market share, size, and future prospects of the Fuel Card Market in each region is discussed in the presented report.

Critical Insights Related to the Fuel Card Market Enclosed in the Report:

  • Estimated growth of the Fuel Card Market in various regional markets
  • Ongoing and prospective innovations in the Fuel Card Market
  • Impact of new production and manufacturing techniques
  • Product portfolio analysis of established players in the Fuel Card Market
  • Y-o-Y growth of the Fuel Card Market over the forecast period 2018 – 2028

The report provides answers to some important queries related to the Fuel Card Market:

  1. What are the prospects of the Fuel Card Market in region 1?
  2. What are the leading factors that are likely to hamper the growth of the Fuel Card Market during the forecast period?
  3. Which company is currently dominating the Fuel Card Market in terms of market share?
  4. Which product is tipped to be the ‘cash cow’ for market players in the Fuel Card Market?
  5. How are market players capitalizing on the opportunities in region 1?

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Competitive Landscape

  • In April 2019, Radius Payment Solutions – a U.K.-based payment and fleet services company – announced it has acquired Plant-i – a leading provider of telematics and detailed risk management solutions for the construction sector. With this acquisition, Radius Payment Solutions will add Plant-i’s 25,000 assets to its portfolio to become one of the largest telematics company with over 120,000 devices.
  • In March 2019, FleetCor Technologies, Inc. – a leading provider of fuel cards and workforce payment services – announced that it has entered a definitive agreement with Nvoicepay, Inc. – a developer of accounts payable (AP) software for domestic and international b2b payments. With this acquisition, the company aims to expand its Corporate Payments portfolio by incorporating Nvoicepay’s automated AP solutions, which could help FleetCor to manage full disbursement of accounts payables, including both domestic and international payables, for businesses.
  • In March 2019, WEX Inc. – a U.S.-based provider of payment solutions – announced that it will acquire the fuel card business of EG Group – a European fuel station and convenience retailer. The company aims to broaden its fuel card acceptance in attractive European markets through the independent fuel card network developed by EG Group’s fuel card business. With this acquisition, the company also aims to reduce its sensitivity to retail fuel prices while strengthening its position in Europe.
  • In November 2018, Edenred – a leading French stakeholder in the fuel card market – announced that it has entered an agreement to acquire Corporate Spending Innovations (CSI) – a U.S.-based developer and provider of automated corporate payment software. The company announced that this acquisition is in line with the company’s Fast Forward strategy to strengthen its position in the buoyant corporate payment industry.
fuel card market competition landscape

Leading players in the fuel card market profiled in the Fact.MR report include Fuel Genie (Worldline IT Services Ltd.), H24 (Ingenico Group), Valero Energy Corporation, Eurowag (W.A.G. payment solutions, a.s.), Hoyer GmbH, 360Fuelcard, Exxon Mobil Corporation, BP Plc., Royal Dutch Shell Plc., Total S.A., Marathon Petroleum Corporation, Repsol, S.A., Petro-Canada Superpass (Suncor Energy Inc.), Voyager Fleet Card, Radius Payment Solutions, and DKV Euro Service (DKV Mobility Services Group).

Note: To gain more information on the competitive landscape in the cheese shreds market, get the summary of this report.

Fuel Card Market – Additional Insight

Demand for Fuel Credit Cards to Surge Rapidly; Commercial Fleet Remains Target for Providers

Leading players in the fuel card market are working towards establishing a strong network of payment software developers, fuel companies, as well as financial institutions to meet the increasing demand for fuel credit cards. Though universal fuel cards are among the most popular types of fuel cards, fuel credit cards are rapidly becoming conventional among end-users, especially across commercial fleet.

To capitalize on the rapidly increasing demand for fuel credit cards, a mounting number of world’s leading financial service companies are entering the fuel card market. As commercial fleet has expanded rapidly with growing urbanization and industrialization, commercial fleet remains the primary target for market players.

Scope of the Report

fuel card market taxonomy

Research Methodology

A recent study published by Fact.MR analyzes growth of the global fuel card market to provide readers with exclusive and actionable market insights. This study is backed by a two-step research process which is inclusive of various primary and secondary resources.

The primary research methodology includes discussions with experts of fuel card industry and information gathered after interviewing other stakeholders. In the secondary process, detailed information about the fuel card market is garnered through various resources such as company annual reports, trade journals, paid resources, press releases, and other publications relevant to fuel card.

After studying industry-validated information about the fuel card market, qualitative conclusions about the prospects of the market can be reached. Findings from these two main processes were used to determine an accurate and exhaustive forecast of global fuel card market for the period from 2018 to 2028.

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Why Choose Fact.MR?

  • Data collected from reliable and credible primary and secondary sources
  • Latest analytical and market research tools utilized to curate reports
  • Successfully delivered customized reports to clients across various industrial verticals
  • 24/7 customer service
  • Focus on curating high-quality and insightful market studies

 

About Us

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MARKET REPORT

How Much Is The Chinese Wedding Industry Worth? 5 Important Figures To Know

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Introduction

With over 1.4 Billion inhabitants, China has the largest population in the world. The culture, tradition and the over protective nature of parenting has a significant impact on weddings in the country. 

The permeation of western influence and culture has made Chinese brides look for wedding planners, event specialists and luxury fashion designers. In addition, there is a growing interest in many western countries to have hot Chinese women as their wives. 

In this article, we are going to look at the Chinese Wedding Industry. We are also going to look at five important figures that will arouse the interests of brands looking to enter the Chinese wedding market. 

Why the Chinese Wedding Industry is growing 25% year-on-year?

The economic boom in China created millionaires and billionaires by the dozens. This led to rising aspirations and social status markers slowly making their presence felt. The Communist background of the country had always put a lens of economic conservatism on the Chinese society. 

However, with China’s economy opening up and the subsequent liberalization, the population was exposed to many western symbols. One of those symbols was extravagant weddings. Chinese brides and grooms are spending millions of dollars on curated weddings. 

They are gifting super cars and hosting events at exhibition centres. In addition, they are also willing to shell out millions of pre-wedding shoots and luxury honeymoon packages. This has been seen by many, as a result of the erstwhile strict Communist government, looking the other way. 

China has the highest number of foreign students studying in foreign Universities (USA and UK). During their time at the universities, Chinese students intermingle with their western counterparts. They learn about spending money on luxuries like cars, high fashion, technology, vacations and so on. 

When they marry, they want to spend their money to celebrate their once-in-a-lifetime moment. You can always see hot Chinese women walking Paris’ Boulevard Saint Germain or London’s Mayfair area for their wedding shopping. 

5 Important Figures about the Chinese Wedding Industry

  1. Total Worth of the Industry: 3.37 Trillion Yuan-

According to data and insights, by 2021 the Chinese Wedding Industry is all set to hit 3.37 Trillion Yuan. In USD, the same comes to around $480 Billion USD. Wedding catering, photography, fashion, and vacations are all expected to grow in double digits. 

  1. Wedding Photography Industry: $80 Billion USD-

The Australian Documentary, Love China showed how Chinese brides and grooms will go to great lengths to organize the perfect shoots. This includes the pre-wedding shoots taking place at scenic locations all over the world, as well the honeymoon shoot. 

  1. Bride Price: $38,000 USD on average-

When China established the ‘one-child policy’, it resulted in severe population control. It also led to a scarcity of women in the society to marry. Chinese men still pay thousands of dollars to the family of the bride in a marriage. While there are attempts to limit it, nothing concrete has been done. 

  1. 41% of Chinese Couples find their Partners Online-

 Baidu, WeChat and Weibo are terms, which you would not have heard. However, these are bread and butter social media platforms for China’s rich and handsome males and hot Chinese women. They find love online and convert the same into marriage. 

  1. 10 Million Weddings take place annually in China-

In the last couple of years, nearly 10 million weddings have taken place every year in the country. This means that the biggest population in the world is marrying a lot. This is in stark contrast to countries like Japan or even the USA, where there is a drop in the number of weddings. 

Conclusion

With China being one of the major economic superpowers in the world, the wedding industry is not expected to slow-down anytime soon. As more and Chinese couples fall in love with western values of marrying and open themselves up to luxury, this industry is going to see double digits growth for a very long time. 

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MARKET REPORT

The correct execution and error options leg press in the simulator

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What muscle groups work when doing this exercise. How to do it right. The most common mistakes. Stop position.

The mistakes of many athletes are clearly visible on the beach. For example, the torso can be worked out almost perfectly, and the legs are too thin. Such a physique, to put it mildly, looks ugly. The main reason is ignoring or insufficient leg training. How to “trim” these muscles? – Pay attention to such a useful exercise as a leg press. What are its features? What execution secrets should be considered? What should be the setting of the legs? In general, everything is more detailed.

 

Theoretical base

For some reason, many do not like the leg press and stubbornly ignore it. In fact, the exercise is basic and allows you to use a whole group of joints – knee, hip and ankle. Lifting (bending) of the legs is carried out at an angle of 45 degrees. The role of the load is taken by a special platform, on the sides of which you can set “pancakes”. Lowering the platform and its lifting is carried out on special guides (slides). There is another version of the bench press – classic. In this case, the work is not carried out on the simulator, but on the horizontal floor.

When you press on the simulator, a whole group of muscles is involved – quadriceps, calf and cambrum, hamstring and gluteus maximus.

The main advantages of the exercise are:

  • study of muscles on the legs with a slight shift in the load on the gluteal muscles;
  • decrease in load on the spine. All this makes the workout safe for those who have a weak back or have been injured. In particular, this type of training is good for the fair sex;
  • activation of the calorie burning process. So, in just a few minutes of exercise, you can get rid of unnecessary “calories”. For example, within 30 minutes of training on the simulator, an athlete weighing 70 kilograms can destroy up to 115 calories.

A study conducted in 2010 showed that one kilogram of muscle fibers requires an average of about 13-15 calories per day. As a result, regular training allows the beginner to gain about two kilograms of “dry” weight within 1-2 months of training. After this, the growth process is significantly reduced;

  • acceleration of metabolic processes. Working with your legs allows the body to spend many more calories throughout the day. Scientists claim that this is an increase in the so-called basal metabolic growth;
  • strengthening male libido. The leg press can increase male strength. This is possible due to the activation of the blood circulation process and the active stimulation of the pelvic organs.

What are the features of the performance technique?

To get good results, it’s important to do the exercise correctly. The algorithm of actions is as follows:

  • train on a deliberately tested and serviceable simulator;
  • hang the necessary number of “pancakes”, evenly distributing them on both sides;
  • lie down on a special chair and place your feet somewhere in the middle of the platform;
  • use your leg muscles and squeeze the weight forward. After that, remove the device from the latches;
  • Now begin to slowly lower the platform until the knee joint is at an angle of 90 degrees;
  • push the load with your feet and gradually unbend your knees. Final position – return of the platform to its original position;
  • repeat the exercise the desired number of repetitions.

 

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Secrets of Exercise

It may seem that everything is simple and does not require any “secret” knowledge. But no. There are many subtleties that you need to know about when doing:

  • make sure that your legs rest on the platform as best as possible. In this case, the push itself should be done with heels, and not with socks;
  • place your knees so that they are parallel to each other. “Blockages” in one or the other direction are prohibited;
  • in the process of lowering the platform, an angle of 90 degrees is not a panacea. Be guided by your own feelings. Lower the platform until the lower back fits snugly;
  • One of the main problems is the search for the optimal setting for the feet. Again, here it is worth focusing on your feelings. If during the bending process there is no discomfort, then you can continue to perform the exercise in the same spirit;
  • Do not abuse the excessive press depth. It is usually regulated taking into account the mobility of the compounds in the knees;
  • when working on the simulator, make sure that the main body parts move in the same plane (in particular, the knees and feet);
  • during the exercise, concentrate on the work of the muscles of the legs, and do not turn your head around. Ideal when the head is firmly pressed to the sunbed;
  • when you lower the platform, take a breath, and when you extend your legs and raise it, exhale;
  • when working on the simulator, hold on to special handles;
  • the amplitude of movements should be maximum (taking into account the recommendations that were given above);
  • straighten the knees to the end is not desirable. Otherwise, you may be injured;
  • Do not be heroic and start working on the simulator with small weights, gradually increasing the load;
  • if the platform is lowered too deep, then the buttocks begin to work, not the legs;
  • if you can’t make the last climb, put your hands on your knees. This, in turn, will make the last repetition possible;
  • while moving, keep the body in tension, which will allow you to generate even more power at the output.

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How does the load depend on the position of the feet?

A big plus of the simulator for pumping legs is the ability to transfer the load from one muscle group to another. All that is required is to change the position of the feet on the platform.

There are several options here:

  • the feet are located exactly shoulder width apart. The greatest load is on the femoral part of the muscles and quadriceps. This option is good for gaining total muscle mass in the legs;
  • the feet are slightly wider than the shoulders, and the fingers are turned out. The peculiarity of the situation is the shift of weight to the internal muscles of the thigh (leading muscle fibers, adductors);
  • the feet are in a position already at shoulder level. This position can be resorted to if you need to work out the outer part of the quadriceps;
  • the feet are mounted on the platform slightly above the middle. The maximum load is received by the sciatic-popliteal muscles of the thighs, as well as the buttocks;
  • one foot removed from the court. This is done in order to maximize the load on the entire musculature of the legs, but much depends on the position of the legs on the site. The option is great for girls who dream of round and neat buttocks.

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Main mistakes

When performing an exercise, the following errors are often encountered:

  • separation of the pelvic area from the platform for sitting;
  • reduction of knees to each other;
  • loose heels (their rise);
  • bench with a “bounce”.

All of the above errors can lead to a shift in the load on other muscle groups and can lead to injury.

Useful Observations

Evidence of quality work on the simulator is an almost complete failure of the muscles. You will immediately notice it as you walk. Those distances that were previously covered in 5-10 minutes can take up to half an hour. In addition, slight nausea or dizziness is not scary. Often this is the cause of increased stress.

The principle of building training for boys and girls varies:

  • for the fair sex, the ideal option is small weights (about 25-30 kg) and a minimum number of repetitions – up to 8-10 times. The total number of sets is up to three;
  • guys have a goal to lift large weights and do the maximum number of repetitions.