Extended Warranty Market is Estimated to Witness High Growth Owing...

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2024-01-08 09:13:28 -

Extended Warranty Market is Estimated to Witness High Growth Owing to Increase in Demand for Technological Advancements

Segment AnalysisThe global extended warranty market is dominated by automotive segment which holds around 54% share of the total market. Extended warranty offered for automobiles provides coverage against breakdowns and accidents occurring beyond the basic warranty period. With the rising vehicle production globally and increasing complexity in automobile parts and systems, the risk of repairs...

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