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Vehicle Roadside Assistance Market Size To Attain USD 39.65 Billion By 2032

The vehicle roadside assistance market size is poised to grow by $ 39.65 billion by 2032 from $ 23.61 Billion in 2022, exhibiting a CAGR of 5.3% during the forecast period 2023-2032. 

Vehicle Roadside Assistance Market Size 2023 To 2032

 

The main objective of this report is to define, describe, and forecast the global market by types, application, manufacturers, and regions. The report provides detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market. The report aims to strategically analyze the micro markets with respect to individual growth trends, prospects, and contributions to the global market. The report also attempts to forecast the market size of the 5 main regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It strategically profiles the key market players and comprehensively analyzes their core competencies. It also tracks and analyzes competitive developments, such as joint ventures, mergers and acquisitions, new developments, and Research and Development (R&D) activities, in market.

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COVID-19 Impact

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the electric vehicle fuel cell market in 2020.

COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.

The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.

Major companies operating in this area

  • 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

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
    • Hatchback
    • Sedan
    • Utility Vehicles

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Malaysia
    • Philippines
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • North Africa
    • South Africa
    • Rest of the Middle East & Africa

Major highlights of Report:

  • Figures related to sales volume, market remuneration, and segmental shares
  • Featuring market dynamics
  • Growth prospects and expansion graph
  • PROCON study of direct & indirect sales channels
  • Profiles of prominent traders, dealer, and distributors in the industry

Geographical landscape: North America, Europe, Asia-Pacific, South America, Middle East and Africa

  • Industry forecasts based on region and at country level
  • Data about sales volume recorded, industry share held, and profit margins amassed
  • Overall remuneration and estimated growth rate for each regional market

Major Key Points Covered in Report:

Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.

Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.

Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Vehicle Roadside Assistance Market, By Service

7.1. Vehicle Roadside Assistance Market, by Service Type, 2023-2032
7.1.1. Tire Replacement
7.1.1.1. Market Revenue and Forecast (2020-2032)
7.1.2. Towing
7.1.2.1. Market Revenue and Forecast (2020-2032)
7.1.3. Jump Start/Pull Start
7.1.3.1. Market Revenue and Forecast (2020-2032)
7.1.4. Fuel Delivery
7.1.4.1. Market Revenue and Forecast (2020-2032)
7.1.5. Lockout/Replacement Key Service
7.1.5.1. Market Revenue and Forecast (2020-2032)
7.1.6. Battery Assistance
7.1.6.1. Market Revenue and Forecast (2020-2032)
7.1.7. Winch
7.1.7.1. Market Revenue and Forecast (2020-2032)
7.1.8. Trip Routing/Navigational Assistance
7.1.8.1. Market Revenue and Forecast (2020-2032)
7.1.9. Other Mechanic Service
7.1.9.1. Market Revenue and Forecast (2020-2032)

Chapter 8. Global Vehicle Roadside Assistance Market, By Provider

8.1. Vehicle Roadside Assistance Market, by Provider, 2023-2032
8.1.1. Motor Insurance
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Auto Manufacturer
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Automotive Clubs
8.1.3.1. Market Revenue and Forecast (2020-2032)
8.1.4. Independent Warranty
8.1.4.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Global Vehicle Roadside Assistance Market, By Vehicle Type

9.1. Vehicle Roadside Assistance Market, by Vehicle Type, 2023-2032
9.1.1. Commercial Vehicle
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Passenger Vehicles
9.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 10. Global Vehicle Roadside Assistance Market, Regional Estimates and Trend Forecast

10.1. North America
10.1.1. Market Revenue and Forecast, by Service (2020-2032)
10.1.2. Market Revenue and Forecast, by Provider (2020-2032)
10.1.3. Market Revenue and Forecast, by Vehicle Type (2020-2032)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Service (2020-2032)
10.1.4.2. Market Revenue and Forecast, by Provider (2020-2032)
10.1.4.3. Market Revenue and Forecast, by Vehicle Type (2020-2032)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Service (2020-2032)
10.1.5.2. Market Revenue and Forecast, by Provider (2020-2032)
10.1.5.3. Market Revenue and Forecast, by Vehicle Type (2020-2032)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Service (2020-2032)
10.2.2. Market Revenue and Forecast, by Provider (2020-2032)
10.2.3. Market Revenue and Forecast, by Vehicle Type (2020-2032)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Service (2020-2032)
10.2.4.2. Market Revenue and Forecast, by Provider (2020-2032)
10.2.4.3. Market Revenue and Forecast, by Vehicle Type (2020-2032)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Service (2020-2032)
10.2.5.2. Market Revenue and Forecast, by Provider (2020-2032)
10.2.5.3. Market Revenue and Forecast, by Vehicle Type (2020-2032)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Service (2020-2032)
10.2.6.2. Market Revenue and Forecast, by Provider (2020-2032)
10.2.6.3. Market Revenue and Forecast, by Vehicle Type (2020-2032)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Service (2020-2032)
10.2.7.2. Market Revenue and Forecast, by Provider (2020-2032)
10.2.7.3. Market Revenue and Forecast, by Vehicle Type (2020-2032)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Service (2020-2032)
10.3.2. Market Revenue and Forecast, by Provider (2020-2032)
10.3.3. Market Revenue and Forecast, by Vehicle Type (2020-2032)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Service (2020-2032)
10.3.4.2. Market Revenue and Forecast, by Provider (2020-2032)
10.3.4.3. Market Revenue and Forecast, by Vehicle Type (2020-2032)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Service (2020-2032)
10.3.5.2. Market Revenue and Forecast, by Provider (2020-2032)
10.3.5.3. Market Revenue and Forecast, by Vehicle Type (2020-2032)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Service (2020-2032)
10.3.6.2. Market Revenue and Forecast, by Provider (2020-2032)
10.3.6.3. Market Revenue and Forecast, by Vehicle Type (2020-2032)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Service (2020-2032)
10.3.7.2. Market Revenue and Forecast, by Provider (2020-2032)
10.3.7.3. Market Revenue and Forecast, by Vehicle Type (2020-2032)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Service (2020-2032)
10.4.2. Market Revenue and Forecast, by Provider (2020-2032)
10.4.3. Market Revenue and Forecast, by Vehicle Type (2020-2032)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Service (2020-2032)
10.4.4.2. Market Revenue and Forecast, by Provider (2020-2032)
10.4.4.3. Market Revenue and Forecast, by Vehicle Type (2020-2032)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Service (2020-2032)
10.4.5.2. Market Revenue and Forecast, by Provider (2020-2032)
10.4.5.3. Market Revenue and Forecast, by Vehicle Type (2020-2032)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Service (2020-2032)
10.4.6.2. Market Revenue and Forecast, by Provider (2020-2032)
10.4.6.3. Market Revenue and Forecast, by Vehicle Type (2020-2032)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Service (2020-2032)
10.4.7.2. Market Revenue and Forecast, by Provider (2020-2032)
10.4.7.3. Market Revenue and Forecast, by Vehicle Type (2020-2032)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Service (2020-2032)
10.5.2. Market Revenue and Forecast, by Provider (2020-2032)
10.5.3. Market Revenue and Forecast, by Vehicle Type (2020-2032)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Service (2020-2032)
10.5.4.2. Market Revenue and Forecast, by Provider (2020-2032)
10.5.4.3. Market Revenue and Forecast, by Vehicle Type (2020-2032)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Service (2020-2032)
10.5.5.2. Market Revenue and Forecast, by Provider (2020-2032)
10.5.5.3. Market Revenue and Forecast, by Vehicle Type (2020-2032)

Chapter 11. Company Profiles

11.1. Viking Assistance Group AS
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. ARC Europe SA
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Swedish Auto
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. SOS International A/S
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Allianz Global Assistance
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Falck A/S
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Allstate Insurance Company
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. AAA
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Agero, Inc.
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Best Roadside Service
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
11.11. AutoVantage
11.11.1. Company Overview
11.11.2. Product Offerings
11.11.3. Financial Performance
11.11.4. Recent Initiatives
11.12. Roadside Masters
11.12.1. Company Overview
11.12.2. Product Offerings
11.12.3. Financial Performance
11.12.4. Recent Initiatives
11.13. Paragon Motor Club
11.13.1. Company Overview
11.13.2. Product Offerings
11.13.3. Financial Performance
11.13.4. Recent Initiatives
11.14. Good Sam Enterprise, LLC
11.14.1. Company Overview
11.14.2. Product Offerings
11.14.3. Financial Performance
11.14.4. Recent Initiatives
11.15. Access Roadside Assistance
11.15.1. Company Overview
11.15.2. Product Offerings
11.15.3. Financial Performance
11.15.4. Recent Initiatives
11.16. Better World Club
11.16.1. Company Overview
11.16.2. Product Offerings
11.16.3. Financial Performance
11.16.4. Recent Initiatives
11.17. Emergency Road Services Corporation
11.17.1. Company Overview
11.17.2. Product Offerings
11.17.3. Financial Performance
11.17.4. Recent Initiatives
11.18. Honk technologies
11.18.1. Company Overview
11.18.2. Product Offerings
11.18.3. Financial Performance
11.18.4. Recent Initiatives
11.19. National General Insurance
11.19.1. Company Overview
11.19.2. Product Offerings
11.19.3. Financial Performance
11.19.4. Recent Initiatives
11.20. Span Wings
11.20.1. Company Overview
11.20.2. Product Offerings
11.20.3. Financial Performance
11.20.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions

Chapter 13. Appendix

13.1. About Us
13.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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