Market Analysis and Insights: Global Motor Insurance Market
Motor insurance, namely motor vehicle insurance, referred to as auto insurance, also known as auto insurance.It is a kind of commercial insurance that points to the person casualty or property loss that causes because of natural disaster or accident to motor vehicle to assume compensatory liability.
The global Motor Insurance market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.
Fully considering the economic change by this health crisis, Third-party Liability accounting for % of the Motor Insurance global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Car segment is altered to an % CAGR throughout this forecast period.
China Motor Insurance market size is valued at US$ million in 2021, while the North America and Europe Motor Insurance are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Motor Insurance landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Motor Insurance market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Motor Insurance market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Motor Insurance market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Motor Insurance market.
Global Motor Insurance Scope and Market Size
Motor Insurance market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Motor Insurance market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Third-party Liability
Comprehensive
Segment by Application
Car
Tram
Battery Car
Motorcycle
Tractor
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
Clements Worldwide
Zhongan Insurance
CPIC
RAC Motoring Services
ABIC Inc
Progressive Casualty Insurance Company
Zurich Insurance Group
RSA Insurance Group
Allstate Insurance Company
NFU Mutual
State Farm Mutual Automobile Insurance Company
GEICO
Chubb Ltd
Nationwide Mutual Insurance
Liberty Mutual Insurance
Assicurazioni Generali
PICC Property & Casualty
Allianz SE
Tesla
Ping An Insurance（Group）
PICC