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  • 15 December 2020 23:07

Vehicle Roadside Assistance Market Growth Outlook and Forecast 2020 to 2027

Vehicle Roadside Assistance Market - Global Industry Analysis, Growth, Trends, Size, Share, Revenue and Forecast 2020 to 2027

Precedence Research report on the global Vehicle roadside assistance market studies past as well as current growth trends and opportunities to gain valuable insights of these indicators of the market during the forecast period from 2020 to 2027. The report provides revenue of the global Vehicle roadside assistance market for the period 2016–2027, considering 2019 as the base year and 2027 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the global Vehicle roadside assistance market during the forecast period.

The global vehicle roadside assistance market is estimated to grow at a CAGR of 3.92% over the forecast period 2020 to 2027 and to reach the market value of over US$ 30 Bn by 2027.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Vehicle roadside assistance market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

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The report has been prepared after an extensive primary and secondary research. Primary research involved bulk of research efforts, wherein analysts carried out interviews with industry leaders and opinion makers. Extensive secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the global Vehicle roadside assistance market.

Secondary research also included Internet sources, statistical data from government agencies, websites, company presentations, sales data, and trade associations. Analysts have employed a combination of top-down and bottom-up approaches to study various phenomenon in the global Vehicle roadside assistance market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Furthermore, the report sheds light on the changing competitive dynamics in the global Vehicle roadside assistance market. These indices serve as valuable tools for existing market players as well as for entities interested in entering the global Vehicle roadside assistance market.

The report delves into the competitive landscape of the global Vehicle roadside assistance market. Key players operating in the global Vehicle roadside assistance market have been identified, and each one of these has been profiled for distinguishing business attributes. Company overview, financial standings, recent developments, and SWOT are some of the attributes of players in the global Vehicle roadside assistance market that have been profiled in this report.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Vehicle roadside assistance market based on various segments. It also provides market size and forecast estimates from year 2016 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Vehicle roadside assistance market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the global market in these regions.

Market segmentation

By Service

  • Tire Replacement
  • Towing
  • Jump Start/Pull Start
  • Fuel Delivery
  • Lockout/Replacement Key Service
  • Battery Assistance
  • Winch
  • Trip Routing/Navigational Assistance
  • Other Mechanic Service
By Provider
  • Motor Insurance
  • Auto Manufacturer
  • Automotive Clubs
  • Independent Warranty
By Vehicle
  • Commercial Vehicle
    • Light Commercial Vehicle
    • Heavy Commercial Vehicle
  • Passenger Vehicles
By Regional Outlook
  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2016 to 2019.

The analysts have provided a comprehensive analysis of the competitive landscape of the global market with the company market structure and market share analysis of the top players. The innovative trends and developments, mergers and acquisitions, product portfolio, and new product innovation to provide a dashboard view of the market, ultimately providing the readers accurate measure of the current market developments, business strategies, and key financials.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users) and other segments. - Company Overview - Company Market Share/Positioning Analysis - Product Offerings - Financial Performance - Recent Initiatives - Key Strategies Adopted by Players - Vendor Landscape - List of Suppliers - List of Buyers

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Key Players

  • Viking Assistance Group AS
  • ARC Europe SA
  • Swedish Auto
  • SOS International A/S
  • Allianz Global Assistance
  • Falck A/S
  • Allstate Insurance Company
  • AAA
  • Agero, Inc.
  • Best Roadside Service
  • AutoVantage
  • Roadside Masters
  • Paragon Motor Club
  • Good Sam Enterprise, LLC
  • Access Roadside Assistance
  • Better World Club
  • Emergency Road Services Corporation
  • Honk technologies
  • National General Insurance
  • span wings
  • LY INC.
  • Twenty Four OTR Pvt Ltd
  • TVS Auto Assist India Limited
  • ASSURANT, INC.
  • RESCUE Vehicle Services Private Ltd.
  • Emirates Insurance Co. (PSC)
  • CHUBB LIMITED
  • Prime Assistance Inc.
  • Arabian Automobile Association
  • Key Questions Answered in Global Vehicle roadside assistance Market Report

    - What is the scope of growth of product companies in the global Vehicle roadside assistance market? - What will be the Y-o-Y growth of the global Vehicle roadside assistance market between 2019 and 2027? - What is the influence of changing trends in technologies on the global Vehicle roadside assistance market? - Will North America continue to be the most profitable market for Vehicle roadside assistance devices providers? - Which factors are anticipated to hamper the growth of the global Vehicle roadside assistance market during the forecast period? - Which are the leading companies in the global Vehicle roadside assistance market?

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