"Road Assistance Insurance Market: Evaluating the Global Industry Landscape and Forecast (2023-2029)"


Posted June 6, 2023 by supriyamaximize

Road Assistance Insurance Market size was valued at USD 6.30 Bn. in 2022 and the total Road Assistance Insurance revenue is expected to grow at a CAGR of 10.3% from 2023 to 2029, reaching nearly USD 12.51 Bn.
 
Road Assistance Insurance Market Overview

Maximize Market research, a global Healthcare market research firm, has market research report on “Road Assistance Insurance Market . The report on Road Assistance Insurance Market provides an in-depth analysis of the industry. Key highlights of the report include the market size and the growth rate. Insights of the report covers the drivers, restraints, challenges & opportunities for Road Assistance Insurance Market growth.

Road Assistance Insurance Market Report Scope and Research Methodology

The analysis of the Road Assistance Insurance Market utilized both primary and secondary research methods. Primary research involved the direct collection of data from the market through surveys, interviews, and observations. Secondary research involved the collection of data from published sources, such as industry reports, company websites, and news articles.

Dedicated study of the rivalry in the industry is covered, which includes market leaders, followers, and new entrants. Extensive primary research was conducted to acquire information and verify and confirm the crucial numbers arrived at after comprehensive Road Assistance Insurance Market engineering and calculations for market statistics; market size estimations, market forecasts, market breakdown and data triangulation. The secondary data was collected from the company’s annual reports, articles, paid and free databases, etc. To estimate the regional and global Road Assistance Insurance Market size, the bottom-up approach was used.

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Road Assistance Insurance Market Regional Insights

The report provides a comprehensive analysis of growth drivers, constraints, future prospects, and competitive landscape across all regions. The market is segmented by geography into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report also highlights the leading countries in each region along with their respective market projections.

Road Assistance Insurance Market Segmentation

The global market for roadside assistance insurance is divided into two categories based on vehicle type: passenger cars and commercial trucks. By 2022, the passenger car category had the biggest market share (82%), and it was predicted that this segment would continue to dominate the market through 2029. Several automakers of passenger cars offered complimentary insurance for roadside assistance during the duration of their warranties. As a result, rising passenger car sales are anticipated to fuel segment expansion over the course of the projection year. Additionally, a few of auto insurance companies offer roadside assistance services as part of their pay-per-use insurance plans. Road assistance insurance services for passenger automobiles, as well as extra coverage services like towing, tyre replacement, and fuel, are becoming more and more popular with credit card providers and auto insurance firms.

Road Assistance Insurance Market Key Players

• Good Sam Enterprise LLC. (Illinois, United States)
• Auto Vantage (Connecticut, United States)
• Best Roadside Service (Texas, United States)
• Falck A/S (Denmark, Europe)
• Roadside Transportation LLC. (Florida, United States)
• DBA, Agero, Inc. (The Cross Country Group) (Florida, United States)
• Allstate Insurance Company (San Francisco, United States)
• Agero, Inc., (Massachusetts, United States)
• American Express Company (New York, United States)
• Erie Indemnity Co. (Pennsylvania, United States)
• GEICO, USAA (Maryland, United States)
• IFFCO-Tokio General Insurance Company Limited (India)
• Progressive Casualty Insurance Company (Ohio, Unites States)
• Nationwide Mutual Insurance Company (Ohio, Unites States)
• Viking Assistance Group (Norway, Europe)
• Access Roadside Assistance (Canada)
• Paragom Motorclub (Texas, United States)
• Roadside Masters (Florida, United States)
• ARC Europe SA, (Belgium, Europe)
• Agero, Inc., (Massachusetts, United States)
• Allianz Global Assistance (Germany, Europe)
• ASSURANT, INC. (New York, United States)
• GM Motor Club (Michigan, United States)
• National Motor Club (Texas, United States)
• SO S International A / S (London, United Kingdom)

Key questions answered in the Road Assistance Insurance Market are:

What is Road Assistance Insurance Market ?
What are the global trends in the Road Assistance Insurance Market ?
What was the Road Assistance Insurance Market Total Market size in 2022?
What is expected Road Assistance Insurance Market size by 2029?
Who held the largest market share in Road Assistance Insurance Market ?
Who are the leading companies and what are their portfolios in Road Assistance Insurance Market ?
What are the major challenges that the Road Assistance Insurance Market Industry could face in the future?
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Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Industrial Manipulator Market Size, Share, Size & Forecast by different segment | 2022−2029
Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Industrial Manipulator Market Segmentation – A detailed analysis by Type, Application and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

[email protected]

+91 96071 95908, +91 9607365656
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Issued By Supriya
Business Address 3rd Floor, Navale IT Park, Phase 2 Pune Banglore Highway, Narhe, Pune, Maharashtra 411041, India
Country India
Categories Medical
Tags road assistance insurance market
Last Updated June 6, 2023