The global Automotive Insurance market size was valued at US$ 195640 million in 2023. With growing demand in downstream market, the Automotive Insurance is forecast to a readjusted size of US$ 235700 million by 2030 with a CAGR of 2.7% during review period.
The research report highlights the growth potential of the global Automotive Insurance market. Automotive Insurance are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Automotive Insurance. 麻豆原创 players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Automotive Insurance market.
Automotive Insurance is a contract between vehicle owner and the insurance company that protects vehicle owner against financial loss in the event of an accident or theft. In exchange for owner鈥檚 paying a premium, the insurance company agrees to pay losses as outlined in your policy.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Key Features:
The report on Automotive Insurance market reflects various aspects and provide valuable insights into the industry.
麻豆原创 Size and Growth: The research report provide an overview of the current size and growth of the Automotive Insurance market. It may include historical data, market segmentation by Type (e.g., Third-Party, Comprehensive), and regional breakdowns.
麻豆原创 Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Automotive Insurance market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Automotive Insurance market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Automotive Insurance industry. This include advancements in Automotive Insurance technology, Automotive Insurance new entrants, Automotive Insurance new investment, and other innovations that are shaping the future of Automotive Insurance.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Automotive Insurance market. It includes factors influencing customer ' purchasing decisions, preferences for Automotive Insurance product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Automotive Insurance market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Automotive Insurance market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Automotive Insurance market.
麻豆原创 Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Automotive Insurance industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Automotive Insurance market.
麻豆原创 Segmentation:
Automotive Insurance market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Third-Party
Comprehensive
Theft
Fire
Others
Segmentation by application
Personal User
Company
Fleet
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Allstate Insurance Company
RAC Motoring Services
Progressive Casualty Insurance Company
Clements Worldwide
GEICO
NFU Mutual
Zhongan Insurance
ABIC Inc
CPIC
State Farm Mutual Automobile Insurance Company
RSA Insurance Group plc
Zurich Insurance Group
Allianz SE
PICC
Assicurazioni Generali
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 麻豆原创 Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 麻豆原创 Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 麻豆原创 Estimation Caveats
2 Executive Summary
2.1 World 麻豆原创 Overview
2.1.1 Global Automotive Insurance 麻豆原创 Size 2019-2030
2.1.2 Automotive Insurance 麻豆原创 Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Automotive Insurance Segment by Type
2.2.1 Third-Party
2.2.2 Comprehensive
2.2.3 Theft
2.2.4 Fire
2.2.5 Others
2.3 Automotive Insurance 麻豆原创 Size by Type
2.3.1 Automotive Insurance 麻豆原创 Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Automotive Insurance 麻豆原创 Size 麻豆原创 Share by Type (2019-2024)
2.4 Automotive Insurance Segment by Application
2.4.1 Personal User
2.4.2 Company
2.4.3 Fleet
2.4.4 Other
2.5 Automotive Insurance 麻豆原创 Size by Application
2.5.1 Automotive Insurance 麻豆原创 Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Automotive Insurance 麻豆原创 Size 麻豆原创 Share by Application (2019-2024)
3 Automotive Insurance 麻豆原创 Size by Player
3.1 Automotive Insurance 麻豆原创 Size 麻豆原创 Share by Players
3.1.1 Global Automotive Insurance Revenue by Players (2019-2024)
3.1.2 Global Automotive Insurance Revenue 麻豆原创 Share by Players (2019-2024)
3.2 Global Automotive Insurance Key Players Head office and Products Offered
3.3 麻豆原创 Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Automotive Insurance by Regions
4.1 Automotive Insurance 麻豆原创 Size by Regions (2019-2024)
4.2 Americas Automotive Insurance 麻豆原创 Size Growth (2019-2024)
4.3 APAC Automotive Insurance 麻豆原创 Size Growth (2019-2024)
4.4 Europe Automotive Insurance 麻豆原创 Size Growth (2019-2024)
4.5 Middle East & Africa Automotive Insurance 麻豆原创 Size Growth (2019-2024)
5 Americas
5.1 Americas Automotive Insurance 麻豆原创 Size by Country (2019-2024)
5.2 Americas Automotive Insurance 麻豆原创 Size by Type (2019-2024)
5.3 Americas Automotive Insurance 麻豆原创 Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Automotive Insurance 麻豆原创 Size by Region (2019-2024)
6.2 APAC Automotive Insurance 麻豆原创 Size by Type (2019-2024)
6.3 APAC Automotive Insurance 麻豆原创 Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Automotive Insurance by Country (2019-2024)
7.2 Europe Automotive Insurance 麻豆原创 Size by Type (2019-2024)
7.3 Europe Automotive Insurance 麻豆原创 Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Automotive Insurance by Region (2019-2024)
8.2 Middle East & Africa Automotive Insurance 麻豆原创 Size by Type (2019-2024)
8.3 Middle East & Africa Automotive Insurance 麻豆原创 Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 麻豆原创 Drivers, Challenges and Trends
9.1 麻豆原创 Drivers & Growth Opportunities
9.2 麻豆原创 Challenges & Risks
9.3 Industry Trends
10 Global Automotive Insurance 麻豆原创 Forecast
10.1 Global Automotive Insurance Forecast by Regions (2025-2030)
10.1.1 Global Automotive Insurance Forecast by Regions (2025-2030)
10.1.2 Americas Automotive Insurance Forecast
10.1.3 APAC Automotive Insurance Forecast
10.1.4 Europe Automotive Insurance Forecast
10.1.5 Middle East & Africa Automotive Insurance Forecast
10.2 Americas Automotive Insurance Forecast by Country (2025-2030)
10.2.1 United States Automotive Insurance 麻豆原创 Forecast
10.2.2 Canada Automotive Insurance 麻豆原创 Forecast
10.2.3 Mexico Automotive Insurance 麻豆原创 Forecast
10.2.4 Brazil Automotive Insurance 麻豆原创 Forecast
10.3 APAC Automotive Insurance Forecast by Region (2025-2030)
10.3.1 China Automotive Insurance 麻豆原创 Forecast
10.3.2 Japan Automotive Insurance 麻豆原创 Forecast
10.3.3 Korea Automotive Insurance 麻豆原创 Forecast
10.3.4 Southeast Asia Automotive Insurance 麻豆原创 Forecast
10.3.5 India Automotive Insurance 麻豆原创 Forecast
10.3.6 Australia Automotive Insurance 麻豆原创 Forecast
10.4 Europe Automotive Insurance Forecast by Country (2025-2030)
10.4.1 Germany Automotive Insurance 麻豆原创 Forecast
10.4.2 France Automotive Insurance 麻豆原创 Forecast
10.4.3 UK Automotive Insurance 麻豆原创 Forecast
10.4.4 Italy Automotive Insurance 麻豆原创 Forecast
10.4.5 Russia Automotive Insurance 麻豆原创 Forecast
10.5 Middle East & Africa Automotive Insurance Forecast by Region (2025-2030)
10.5.1 Egypt Automotive Insurance 麻豆原创 Forecast
10.5.2 South Africa Automotive Insurance 麻豆原创 Forecast
10.5.3 Israel Automotive Insurance 麻豆原创 Forecast
10.5.4 Turkey Automotive Insurance 麻豆原创 Forecast
10.5.5 GCC Countries Automotive Insurance 麻豆原创 Forecast
10.6 Global Automotive Insurance Forecast by Type (2025-2030)
10.7 Global Automotive Insurance Forecast by Application (2025-2030)
11 Key Players Analysis
11.1 Allstate Insurance Company
11.1.1 Allstate Insurance Company Company Information
11.1.2 Allstate Insurance Company Automotive Insurance Product Offered
11.1.3 Allstate Insurance Company Automotive Insurance Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.1.4 Allstate Insurance Company Main Business Overview
11.1.5 Allstate Insurance Company Latest Developments
11.2 RAC Motoring Services
11.2.1 RAC Motoring Services Company Information
11.2.2 RAC Motoring Services Automotive Insurance Product Offered
11.2.3 RAC Motoring Services Automotive Insurance Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.2.4 RAC Motoring Services Main Business Overview
11.2.5 RAC Motoring Services Latest Developments
11.3 Progressive Casualty Insurance Company
11.3.1 Progressive Casualty Insurance Company Company Information
11.3.2 Progressive Casualty Insurance Company Automotive Insurance Product Offered
11.3.3 Progressive Casualty Insurance Company Automotive Insurance Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.3.4 Progressive Casualty Insurance Company Main Business Overview
11.3.5 Progressive Casualty Insurance Company Latest Developments
11.4 Clements Worldwide
11.4.1 Clements Worldwide Company Information
11.4.2 Clements Worldwide Automotive Insurance Product Offered
11.4.3 Clements Worldwide Automotive Insurance Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.4.4 Clements Worldwide Main Business Overview
11.4.5 Clements Worldwide Latest Developments
11.5 GEICO
11.5.1 GEICO Company Information
11.5.2 GEICO Automotive Insurance Product Offered
11.5.3 GEICO Automotive Insurance Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.5.4 GEICO Main Business Overview
11.5.5 GEICO Latest Developments
11.6 NFU Mutual
11.6.1 NFU Mutual Company Information
11.6.2 NFU Mutual Automotive Insurance Product Offered
11.6.3 NFU Mutual Automotive Insurance Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.6.4 NFU Mutual Main Business Overview
11.6.5 NFU Mutual Latest Developments
11.7 Zhongan Insurance
11.7.1 Zhongan Insurance Company Information
11.7.2 Zhongan Insurance Automotive Insurance Product Offered
11.7.3 Zhongan Insurance Automotive Insurance Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.7.4 Zhongan Insurance Main Business Overview
11.7.5 Zhongan Insurance Latest Developments
11.8 ABIC Inc
11.8.1 ABIC Inc Company Information
11.8.2 ABIC Inc Automotive Insurance Product Offered
11.8.3 ABIC Inc Automotive Insurance Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.8.4 ABIC Inc Main Business Overview
11.8.5 ABIC Inc Latest Developments
11.9 CPIC
11.9.1 CPIC Company Information
11.9.2 CPIC Automotive Insurance Product Offered
11.9.3 CPIC Automotive Insurance Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.9.4 CPIC Main Business Overview
11.9.5 CPIC Latest Developments
11.10 State Farm Mutual Automobile Insurance Company
11.10.1 State Farm Mutual Automobile Insurance Company Company Information
11.10.2 State Farm Mutual Automobile Insurance Company Automotive Insurance Product Offered
11.10.3 State Farm Mutual Automobile Insurance Company Automotive Insurance Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.10.4 State Farm Mutual Automobile Insurance Company Main Business Overview
11.10.5 State Farm Mutual Automobile Insurance Company Latest Developments
11.11 RSA Insurance Group plc
11.11.1 RSA Insurance Group plc Company Information
11.11.2 RSA Insurance Group plc Automotive Insurance Product Offered
11.11.3 RSA Insurance Group plc Automotive Insurance Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.11.4 RSA Insurance Group plc Main Business Overview
11.11.5 RSA Insurance Group plc Latest Developments
11.12 Zurich Insurance Group
11.12.1 Zurich Insurance Group Company Information
11.12.2 Zurich Insurance Group Automotive Insurance Product Offered
11.12.3 Zurich Insurance Group Automotive Insurance Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.12.4 Zurich Insurance Group Main Business Overview
11.12.5 Zurich Insurance Group Latest Developments
11.13 Allianz SE
11.13.1 Allianz SE Company Information
11.13.2 Allianz SE Automotive Insurance Product Offered
11.13.3 Allianz SE Automotive Insurance Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.13.4 Allianz SE Main Business Overview
11.13.5 Allianz SE Latest Developments
11.14 PICC
11.14.1 PICC Company Information
11.14.2 PICC Automotive Insurance Product Offered
11.14.3 PICC Automotive Insurance Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.14.4 PICC Main Business Overview
11.14.5 PICC Latest Developments
11.15 Assicurazioni Generali
11.15.1 Assicurazioni Generali Company Information
11.15.2 Assicurazioni Generali Automotive Insurance Product Offered
11.15.3 Assicurazioni Generali Automotive Insurance Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.15.4 Assicurazioni Generali Main Business Overview
11.15.5 Assicurazioni Generali Latest Developments
12 Research Findings and Conclusion
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*If Applicable.