Vehicle insurance (also known as car insurance, motor insurance or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle. Vehicle insurance may additionally offer financial protection against theft of the vehicle, and against damage to the vehicle sustained from events other than traffic collisions, such as keying, weather or natural disasters, and damage sustained by colliding with stationary objects. The specific terms of vehicle insurance vary with legal regulations in each region.
Scope of the Report:
This report studies the Motor Vehicle Insurance market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Motor Vehicle Insurance market by product type and applications/end industries.
The increase in automobile sales globally is the primary growth driver for this market. An increase in per capita income in emerging economies has led to an increase in the sales of automobiles. This is driving the global motor vehicle insurance market because governments across the world are making it mandatory to buy insurance policy while purchasing a new vehicle.
The global Motor Vehicle Insurance market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Motor Vehicle Insurance.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
Allianz
Allstate Insurance
American International Group
Berkshire Hathaway Homestate
People’s Insurance Company of China
Ping An Insurance
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Third party only
Third party fire & theft insurance
Comprehensive insurance
Market Segment by Applications, can be divided into
Commerical
Personal
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Motor Vehicle Insurance Market Overview
1.1 Product Overview and Scope of Motor Vehicle Insurance
1.2 Classification of Motor Vehicle Insurance by Types
1.2.1 Global Motor Vehicle Insurance Revenue Comparison by Types (2017-2023)
1.2.2 Global Motor Vehicle Insurance Revenue Market Share by Types in 2017
1.2.3 Third party only
1.2.4 Third party fire & theft insurance
1.2.5 Comprehensive insurance
1.3 Global Motor Vehicle Insurance Market by Application
1.3.1 Global Motor Vehicle Insurance Market Size and Market Share Comparison by Applications (2013-2023)
1.3.2 Commerical
1.3.3 Personal
1.4 Global Motor Vehicle Insurance Market by Regions
1.4.1 Global Motor Vehicle Insurance Market Size (Million USD) Comparison by Regions (2013-2023)
1.4.1 North America (USA, Canada and Mexico) Motor Vehicle Insurance Status and Prospect (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy) Motor Vehicle Insurance Status and Prospect (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Motor Vehicle Insurance Status and Prospect (2013-2023)
1.4.4 South America (Brazil, Argentina, Colombia) Motor Vehicle Insurance Status and Prospect (2013-2023)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Motor Vehicle Insurance Status and Prospect (2013-2023)
1.5 Global Market Size of Motor Vehicle Insurance (2013-2023)
2 Manufacturers Profiles
2.1 Allianz
2.1.1 Business Overview
2.1.2 Motor Vehicle Insurance Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Allianz Motor Vehicle Insurance Revenue, Gross Margin and Market Share (2016-2017)
2.2 Allstate Insurance
2.2.1 Business Overview
2.2.2 Motor Vehicle Insurance Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Allstate Insurance Motor Vehicle Insurance Revenue, Gross Margin and Market Share (2016-2017)
2.3 American International Group
2.3.1 Business Overview
2.3.2 Motor Vehicle Insurance Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 American International Group Motor Vehicle Insurance Revenue, Gross Margin and Market Share (2016-2017)
2.4 Berkshire Hathaway Homestate
2.4.1 Business Overview
2.4.2 Motor Vehicle Insurance Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Berkshire Hathaway Homestate Motor Vehicle Insurance Revenue, Gross Margin and Market Share (2016-2017)
2.5 People’s Insurance Company of China
2.5.1 Business Overview
2.5.2 Motor Vehicle Insurance Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 People’s Insurance Company of China Motor Vehicle Insurance Revenue, Gross Margin and Market Share (2016-2017)
2.6 Ping An Insurance
2.6.1 Business Overview
2.6.2 Motor Vehicle Insurance Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Ping An Insurance Motor Vehicle Insurance Revenue, Gross Margin and Market Share (2016-2017)
3 Global Motor Vehicle Insurance Market Competition, by Players
3.1 Global Motor Vehicle Insurance Revenue and Share by Players (2013-2018)
3.2 Market Concentration Rate
3.2.1 Top 5 Motor Vehicle Insurance Players Market Share
3.2.2 Top 10 Motor Vehicle Insurance Players Market Share
3.3 Market Competition Trend
4 Global Motor Vehicle Insurance Market Size by Regions
4.1 Global Motor Vehicle Insurance Revenue and Market Share by Regions
4.2 North America Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
4.3 Europe Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
4.4 Asia-Pacific Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
4.5 South America Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
4.6 Middle East and Africa Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
5 North America Motor Vehicle Insurance Revenue by Countries
5.1 North America Motor Vehicle Insurance Revenue by Countries (2013-2018)
5.2 USA Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
5.3 Canada Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
5.4 Mexico Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
6 Europe Motor Vehicle Insurance Revenue by Countries
6.1 Europe Motor Vehicle Insurance Revenue by Countries (2013-2018)
6.2 Germany Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
6.3 UK Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
6.4 France Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
6.5 Russia Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
6.6 Italy Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
7 Asia-Pacific Motor Vehicle Insurance Revenue by Countries
7.1 Asia-Pacific Motor Vehicle Insurance Revenue by Countries (2013-2018)
7.2 China Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
7.3 Japan Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
7.4 Korea Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
7.5 India Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
7.6 Southeast Asia Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
8 South America Motor Vehicle Insurance Revenue by Countries
8.1 South America Motor Vehicle Insurance Revenue by Countries (2013-2018)
8.2 Brazil Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
8.3 Argentina Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
8.4 Colombia Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
9 Middle East and Africa Revenue Motor Vehicle Insurance by Countries
9.1 Middle East and Africa Motor Vehicle Insurance Revenue by Countries (2013-2018)
9.2 Saudi Arabia Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
9.3 UAE Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
9.4 Egypt Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
9.5 Nigeria Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
9.6 South Africa Motor Vehicle Insurance Revenue and Growth Rate (2013-2018)
10 Global Motor Vehicle Insurance Market Segment by Type
10.1 Global Motor Vehicle Insurance Revenue and Market Share by Type (2013-2018)
10.2 Global Motor Vehicle Insurance Market Forecast by Type (2018-2023)
10.3 Third party only Revenue Growth Rate (2013-2023)
10.4 Third party fire & theft insurance Revenue Growth Rate (2013-2023)
10.5 Comprehensive insurance Revenue Growth Rate (2013-2023)
11 Global Motor Vehicle Insurance Market Segment by Application
11.1 Global Motor Vehicle Insurance Revenue Market Share by Application (2013-2018)
11.2 Motor Vehicle Insurance Market Forecast by Application (2018-2023)
11.3 Commerical Revenue Growth (2013-2018)
11.4 Personal Revenue Growth (2013-2018)
12 Global Motor Vehicle Insurance Market Size Forecast (2018-2023)
12.1 Global Motor Vehicle Insurance Market Size Forecast (2018-2023)
12.2 Global Motor Vehicle Insurance Market Forecast by Regions (2018-2023)
12.3 North America Motor Vehicle Insurance Revenue Market Forecast (2018-2023)
12.4 Europe Motor Vehicle Insurance Revenue Market Forecast (2018-2023)
12.5 Asia-Pacific Motor Vehicle Insurance Revenue Market Forecast (2018-2023)
12.6 South America Motor Vehicle Insurance Revenue Market Forecast (2018-2023)
12.7 Middle East and Africa Motor Vehicle Insurance Revenue Market Forecast (2018-2023)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source
List of Tables and Figures
Figure Motor Vehicle Insurance Picture
Table Product Specifications of Motor Vehicle Insurance
Table Global Motor Vehicle Insurance and Revenue (Million USD) Market Split b