The global market for Vehicle Roadside Assistance market reached US$ 6.31 Bn. in 2023 and is projected to attain US$ 8.82 Bn. by 2030, with a forecasted Compound Annual Growth Rate (CAGR) of 4.89%. Here’s an overview of the Vehicle Roadside Assistance market:
Market Overview:
Our research on the Vehicle Roadside Assistance market aims to provide timely market insights to assist decision-makers in making informed investment choices. It includes a comprehensive analysis of the global Vehicle Roadside Assistance market covering Product Types, Applications, Key Manufacturers, and various Regions.
Market Scope:
Our research delves into the growth prospects, limitations, and market dynamics of the Vehicle Roadside Assistance market. Leveraging Porter's five forces analysis, we evaluate factors such as supplier bargaining power to discern their impact on market trends.
Drivers:
The report covers major restraints and drivers influencing the Vehicle Roadside Assistance market.
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Segmentation:
by Service
Towing
Tire Replacement
Fuel Delivery
Jump Start/Pull Start
Lockout/ Replacement Key Service
Winch
Battery Assistance
Trip Routing/ Navigational Assistance
Other Mechanic Service
by Provider
Auto Manufacturer
Motor Insurance
Independent Warranty
Automotive Clubs
by Vehicle
Passenger Vehicle
Commercial Vehicle (LCV and HCV)
Key Players:
1. ARC Europe SA
2. Viking Assistance Group AS
3. SOS International A/S
4. Swedish Auto
5. Falck A/S
6. Allianz Global Assistance,
7. Agero, Inc.
8. Allstate Insurance Company
9. AutoVantage
10.Best Roadside Service
11.Paragon Motor Club
12.Roadside Masters
13.Access Roadside Assistance
14.Good Sam Enterprise, LLC
15.Emergency Road Services Corporation
16.Better World Club
17.National General Insurance
18.Honk technologies
19.URGENT.LY INC.
20.Spanwings
21.TVS Auto Assist India Limited
22.Twenty Four OTR Pvt Ltd.
23.RESCUE Vehicle Services Private Ltd.
24.ASSURANT, INC.
25.CHUBB LIMITED
26.Emirates Insurance Co. (PSC)
27.Arabian Automobile Association
28.Prime Assistance Inc.
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Regional Analysis: Our report assesses the Vehicle Roadside Assistance market across the following regions:
- North America (United States, Canada)
- European Union (Germany, France, United Kingdom, Russia)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, Australia)
- Latin America (Brazil, Argentina, Colombia)
- Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa)
COVID-19 Impact Analysis on Vehicle Roadside Assistance Market:
The global impact of the COVID-19 pandemic is evident and is expected to significantly affect the Vehicle Roadside Assistance market in 2021. From flight cancellations to supply chain disruptions, the outbreak has caused widespread ramifications including economic slowdowns and market uncertainties.
Key Questions Addressed:
- What are the emerging trends in the Vehicle Roadside Assistance market forecast?
- What will be the Vehicle Roadside Assistance market size by 2027?
- Which company held the largest share in the Vehicle Roadside Assistance market in 2020?
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