Vehicle Roadside Assistance Market : Projected CAGR of 4.89% Growth, Forecast 2030

Global Vehicle Roadside Assistance Market Analysis

Market Size:

The global Vehicle Roadside Assistance market was valued at US$ 6.31 Bn.in 2023 and is projected to reach US$ 8.82 Bn. by 2030, growing at a CAGR of 4.89% during the forecast period.

Market Overview:

This market study aims to provide a comprehensive overview of the Vehicle Roadside Assistance market, including detailed market segmentation based on connection type, end-use, and geography. The report includes critical information on the market positions of major Vehicle Roadside Assistance companies and highlights significant industry trends and opportunities.

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Market Scope:

The research focuses on the leading industry players in the global Vehicle Roadside Assistance market, providing insights such as company profiles, product images and specifications, capacity, production, price, cost, revenue, and contact information.

Drivers:

The report covers major restraints and drivers affecting the Vehicle Roadside Assistance market.

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)

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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.

Regional Analysis:

The study offers a comprehensive PESTLE analysis for each of the five regions: North America, Europe, Asia Pacific, the Middle East and Africa, and South America. This analysis considers the political, economic, social, and technical factors influencing the Vehicle Roadside Assistance market in these regions.

COVID-19 Impact Analysis on Vehicle Roadside Assistance Market:

The COVID-19 pandemic has altered customer behavior across all sectors of society. Industries need to revise their strategies to adapt to changing market dynamics. This report provides an overview of COVID-19’s impact on the Vehicle Roadside Assistance market and will help you align your business with the new industry standards.

Key Questions Answered in the Vehicle Roadside Assistance Market Report:

  • Which product segment had the largest share in the Vehicle Roadside Assistance market in 2020?
  • How is the competitive landscape of the Vehicle Roadside Assistance market?
  • What are the key factors driving the growth of the Vehicle Roadside Assistance market?
  • Which region holds the maximum share in the Vehicle Roadside Assistance market?
  • What will be the CAGR of the Vehicle Roadside Assistance market during the forecast period (2021-2027)?

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