Global Auto Insurance Market Size Study, by Coverage (Third Party Liability Coverage, Collision/Comprehensive/Other Optional Coverages), by Distribution Channel (Insurance Agents/Brokers, Direct Response, Banks, Others), by Vehicle Age (New Vehicles, Used Vehicles), by Application (Personal, Commercial), and Regional Forecasts 2022-2032
The Global Auto Insurance Market, valued at approximately USD 923.4 billion in 2023, is projected to grow at a compound annual growth rate (CAGR) of 10.8% from 2024 to 2032, reaching USD 2,274.8 bi... もっと見る
SummaryThe Global Auto Insurance Market, valued at approximately USD 923.4 billion in 2023, is projected to grow at a compound annual growth rate (CAGR) of 10.8% from 2024 to 2032, reaching USD 2,274.8 billion by the end of 2032. Auto insurance is a critical component of the financial safety net for vehicle owners, providing coverage against financial losses from accidents, theft, and other vehicle-related incidents. With the rapid growth in automobile sales globally, coupled with the increasing number of accidents and stringent government regulations mandating auto insurance, the market is witnessing substantial growth.The market's expansion is further fueled by the rising demand for comprehensive insurance coverage, which not only covers vehicle damage but also offers protection against third-party liabilities. The increasing adoption of advanced technologies in vehicles, such as telematics and autonomous driving systems, is also shaping the future of auto insurance, offering new avenues for market growth. However, the growing prevalence of autonomous vehicles poses a potential challenge, as it may reduce the overall demand for traditional auto insurance policies. Additionally, the shift towards autonomous vehicles and ride-sharing services could disrupt traditional insurance models. Opportunities lie in the growing adoption of digital platforms and artificial intelligence, enabling insurers to streamline operations, enhance customer experience, and develop innovative products to cater to changing consumer needs. The key regions considered in the study include Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. North America dominates the Global Auto Insurance Market, driven by a well-established technological infrastructure, significant investments in smart technologies, and stringent safety regulations that encourage the adoption of advanced security solutions. Europe follows closely, with countries like Germany and the UK leading in the implementation of auto insurance solutions. In the Asia-Pacific region, rapid industrialization and increasing awareness of insurance solutions are driving the adoption of advanced technologies, particularly in countries like China and Japan. Major market players included in this report are: Berkshire Hathaway Inc. People's Insurance Company of China Admiral Group Plc Allstate Insurance Company CHINA PACIFIC INSURANCE CO. Tokio Marine Group Ping An Insurance (Group) Company of China, Ltd. Automobile Insurance Allianz Intuit Farmers Insurance Group Chubb Limited Travelers Companies, Inc. USAA (United Services Automobile Association) Berkshire Hathaway Inc. The detailed segments and sub-segment of the market are explained below: By Coverage Third Party Liability Coverage Collision/Comprehensive/Other Optional Coverages By Distribution Channel Insurance Agents/Brokers Direct Response Banks Others By Vehicle Age New Vehicles Used Vehicles By Application Personal Commercial By Region: North America U.S. Canada Europe UK Germany France Spain Italy Rest of Europe Asia Pacific China Japan India South Korea Australia Rest of Asia Pacific Latin America Brazil Mexico Rest of Latin America Middle East & Africa Saudi Arabia South Africa Rest of Middle East and Africa Years considered for the study are as follows: Historical year – 2021-2022 Base year – 2023 Forecast period – 2024 to 2032 Key Takeaways: Market Estimates & Forecast for 10 years from 2022 to 2032. Annualized revenues and regional level analysis for each market segment. Detailed analysis of geographical landscape with Country level analysis of major regions. Competitive landscape with information on major players in the market. Analysis of key business strategies and recommendations on future market approach. Analysis of competitive structure of the market. Demand side and supply side analysis of the market. Table of ContentsChapter 1. Global Auto Insurance Market Executive Summary1.1. Global Auto Insurance Market Size & Forecast (2022 & 2032) 1.2. Regional Summary 1.3. Segmental Summary 1.3.1. By Coverage 1.3.2. By Distribution Channel 1.3.3. By Vehicle Age 1.3.4. By Application 1.4. Key Trends 1.5. Recession Impact 1.6. Analyst Recommendation & Conclusion Chapter 2. Global Auto Insurance Market Definition and Research Assumptions 2.1. Research Objective 2.2. Market Definition 2.3. Research Assumptions 2.3.1. Inclusion & Exclusion 2.3.2. Limitations 2.3.3. Supply Side Analysis 2.3.3.1. Availability 2.3.3.2. Infrastructure 2.3.3.3. Regulatory Environment 2.3.3.4. Market Competition 2.3.3.5. Economic Viability (Consumer’s Perspective) 2.3.4. Demand Side Analysis 2.3.4.1. Regulatory frameworks 2.3.4.2. Technological Advancements 2.3.4.3. Environmental Considerations 2.3.4.4. Consumer Awareness & Acceptance 2.4. Estimation Methodology 2.5. Years Considered for the Study 2.6. Currency Conversion Rates Chapter 3. Global Auto Insurance Market Dynamics 3.1. Market Drivers 3.1.1. Rise in Number of Accidents and Increase in Automobile Sales 3.1.2. Implementation of Stringent Government Regulations 3.2. Market Challenges 3.2.1. Adoption of Autonomous Vehicles 3.2.2. High Competition Among Insurance Providers 3.3. Market Opportunities 3.3.1. Implementation of Technologies in Existing Products 3.3.2. Rise in Demand for Third-Party Liability Coverage in Emerging Economies Chapter 4. Global Auto Insurance Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model 4.1.7. Porter’s 5 Force Impact Analysis 4.2. PESTEL Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.2.5. Environmental 4.2.6. Legal 4.3. Top investment opportunity 4.4. Top winning strategies 4.5. Disruptive Trends 4.6. Industry Expert Perspective 4.7. Analyst Recommendation & Conclusion Chapter 5. Global Auto Insurance Market Size & Forecasts by Coverage 2022 & 2032 5.1. Segment Dashboard 5.2. Global Auto Insurance Market: Coverage Revenue Trend Analysis, 2022 & 2032 (USD Billion) 5.2.1. Third Party Liability Coverage 5.2.2. Collision/Comprehensive/Other Optional Coverages Chapter 6. Global Auto Insurance Market Size & Forecasts by Distribution Channel 2022 & 2032 6.1. Segment Dashboard 6.2. Global Auto Insurance Market: Distribution Channel Revenue Trend Analysis, 2022 & 2032 (USD Billion) 6.2.1. Insurance Agents/Brokers 6.2.2. Direct Response 6.2.3. Banks 6.2.4. Others Chapter 7. Global Auto Insurance Market Size & Forecasts by Vehicle Age 2022 & 2032 7.1. Segment Dashboard 7.2. Global Auto Insurance Market: Vehicle Age Revenue Trend Analysis, 2022 & 2032 (USD Billion) 7.2.1. New Vehicles 7.2.2. Used Vehicles Chapter 8. Global Auto Insurance Market Size & Forecasts by Application 2022 & 2032 8.1. Segment Dashboard 8.2. Global Auto Insurance Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion) 8.2.1. Personal 8.2.2. Commercial Chapter 9. Global Auto Insurance Market Size & Forecasts by Region 2022 & 2032 9.1. North America Auto Insurance Market 9.1.1. U.S. Auto Insurance Market 9.1.1.1. Coverage breakdown size & forecasts, 2022 & 2032 9.1.1.2. Distribution Channel breakdown size & forecasts, 2022 & 2032 9.1.1.3. Vehicle Age breakdown size & forecasts, 2022 & 2032 9.1.1.4. Application breakdown size & forecasts, 2022 & 2032 9.1.2. Canada Auto Insurance Market 9.1.3. Mexico Auto Insurance Market 9.2. Europe Auto Insurance Market 9.2.1. U.K. Auto Insurance Market 9.2.2. Germany Auto Insurance Market 9.2.3. France Auto Insurance Market 9.2.4. Spain Auto Insurance Market 9.2.5. Italy Auto Insurance Market 9.2.6. Rest of Europe Auto Insurance Market 9.3. Asia-Pacific Auto Insurance Market 9.3.1. China Auto Insurance Market 9.3.2. Japan Auto Insurance Market 9.3.3. India Auto Insurance Market 9.3.4. Australia Auto Insurance Market 9.3.5. South Korea Auto Insurance Market 9.3.6. Rest of Asia-Pacific Auto Insurance Market 9.4. Latin America Auto Insurance Market 9.4.1. Brazil Auto Insurance Market 9.4.2. Argentina Auto Insurance Market 9.4.3. Rest of Latin America Auto Insurance Market 9.5. Middle East & Africa Auto Insurance Market 9.5.1. Saudi Arabia Auto Insurance Market 9.5.2. South Africa Auto Insurance Market 9.5.3. UAE Auto Insurance Market 9.5.4. Rest of MEA Auto Insurance Market Chapter 10. Competitive Intelligence 10.1. Key Company SWOT Analysis 10.1.1. Company 1 10.1.2. Company 2 10.1.3. Company 3 10.2. Top Market Strategies 10.3. Company Profiles 10.3.1. Berkshire Hathaway Inc. 10.3.1.1. Key Information 10.3.1.2. Overview 10.3.1.3. Financial (Subject to Data Availability) 10.3.1.4. Product Summary 10.3.1.5. Market Strategies 10.3.2. People's Insurance Company of China 10.3.3. Admiral Group Plc 10.3.4. Allstate Insurance Company 10.3.5. CHINA PACIFIC INSURANCE CO. 10.3.6. Tokio Marine Group 10.3.7. Ping An Insurance (Group) Company of China, Ltd. 10.3.8. Automobile Insurance 10.3.9. Allianz 10.3.10. Intuit 10.3.11. Farmers Insurance Group 10.3.12. Chubb Limited 10.3.13. Travelers Companies, Inc. 10.3.14. USAA (United Services Automobile Association) 10.3.15. Berkshire Hathaway Inc. Chapter 11. Research Process 11.1. Research Process 11.1.1. Data Mining 11.1.2. Analysis 11.1.3. Market Estimation 11.1.4. Validation 11.1.5. Publishing 11.2. Research Attributes
ご注文は、お電話またはWEBから承ります。お見積もりの作成もお気軽にご相談ください。本レポートと同分野(金融)の最新刊レポート
Bizwit Research & Consulting LLP 社の最新刊レポート
本レポートと同じKEY WORD(channel)の最新刊レポート
よくあるご質問Bizwit Research & Consulting LLP社はどのような調査会社ですか?Bizwit Research & Consulting (Bizwit Research & Consulting LLP)は世界の多様なマクロおよびマイクロ経済の動向を継続的に調査しています。 ... もっと見る 調査レポートの納品までの日数はどの程度ですか?在庫のあるものは速納となりますが、平均的には 3-4日と見て下さい。
注文の手続きはどのようになっていますか?1)お客様からの御問い合わせをいただきます。
お支払方法の方法はどのようになっていますか?納品と同時にデータリソース社よりお客様へ請求書(必要に応じて納品書も)を発送いたします。
データリソース社はどのような会社ですか?当社は、世界各国の主要調査会社・レポート出版社と提携し、世界各国の市場調査レポートや技術動向レポートなどを日本国内の企業・公官庁及び教育研究機関に提供しております。
|
詳細検索
2024/10/15 10:26 150.67 円 164.75 円 199.57 円 |