Auto Extended Warranty Market by Coverage (Basic (Powertrain), Comprehensive (Bumper-to-Bumper), Customized), Duration (More than 3 Years, Up to 3 Years), Vehicle Age, Application, Provider Type - Global Forecast 2023-2030
The Auto Extended Warranty Market is projected to reach USD 72.99 billion by 2030 from USD 44.29 billion in 2022, at a CAGR of 6.44% during the forecast period.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Auto Extended Warranty Market.
- Based on Coverage, market is studied across Basic (Powertrain), Comprehensive (Bumper-to-Bumper), and Customized. The Customized is projected to witness significant market share during forecast period.
- Based on Duration, market is studied across More than 3 Years and Up to 3 Years. The More than 3 Years is projected to witness significant market share during forecast period.
- Based on Vehicle Age, market is studied across New Vehicles and Used Vehicles. The New Vehicles is projected to witness significant market share during forecast period.
- Based on Application, market is studied across Commercial Vehicles and Personal Vehicles. The Personal Vehicles is projected to witness significant market share during forecast period.
- Based on Provider Type, market is studied across Manufacturer Warranty and Third-Party Warranty. The Third-Party Warranty is projected to witness significant market share during forecast period.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa is projected to witness significant market share during forecast period.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Auto Extended Warranty Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Auto Extended Warranty Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Auto Extended Warranty Market, highlighting leading vendors and their innovative profiles. These include AAA Club Alliance Inc., Allianz Partners, Allstate Insurance Company, AmTrust Financial, Autopom, AXA Partners Holding SA, Berkshire Hathaway Homestate Companies, CARCHEX, CarShield, Chubb by ACE Ltd., Concord Auto Protect, Continental Warranty Inc., Endurance Warranty Services, LLC., ForeverCar, Government Employees Insurance Company, GWC Warranty., HDFC ERGO General Insurance Company Limited, ICICI Lombard General Insurance Company Limited, Nationwide Mutual Insurance Company, Olive by Repair Ventures, LLC, Omega Auto Care, Protect My Car, Reliance General Insurance Company Limited, Tata AIG General Insurance Company Limited, and Toco Warranty.
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Auto Extended Warranty Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Auto Extended Warranty Market?
- What is the competitive strategic window for identifying opportunities in the Auto Extended Warranty Market?
- What are the latest technology trends and regulatory frameworks in the Auto Extended Warranty Market?
- What is the market share of the leading vendors in the Auto Extended Warranty Market?
- Which modes and strategic moves are suitable for entering the Auto Extended Warranty Market?
Please Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Auto Extended Warranty Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Growing focus on improving audience experience
- 5.1.1.2. Increasing engagement of people on digital platforms and social media
- 5.1.1.3. Rising focus on competitive intelligence globally
- 5.1.2. Restraints
- 5.1.2.1. Lack of awareness and the huge initial upfront cost of audience analytics
- 5.1.3. Opportunities
- 5.1.3.1. Incorporation of AI visual recognition and SaaS advertising platform
- 5.1.3.2. Ongoing advertising marketing and increasing adoption among SMEs
- 5.1.4. Challenges
- 5.1.4.1. Security and privacy concerns associated with audience analytics
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Auto Extended Warranty Market, by Coverage
- 6.1. Introduction
- 6.2. Basic (Powertrain)
- 6.3. Comprehensive (Bumper-to-Bumper)
- 6.4. Customized
- 7. Auto Extended Warranty Market, by Duration
- 7.1. Introduction
- 7.2. More than 3 Years
- 7.3. Up to 3 Years
- 8. Auto Extended Warranty Market, by Vehicle Age
- 8.1. Introduction
- 8.2. New Vehicles
- 8.3. Used Vehicles
- 9. Auto Extended Warranty Market, by Application
- 9.1. Introduction
- 9.2. Commercial Vehicles
- 9.3. Personal Vehicles
- 10. Auto Extended Warranty Market, by Provider Type
- 10.1. Introduction
- 10.2. Manufacturer Warranty
- 10.3. Third-Party Warranty
- 11. Americas Auto Extended Warranty Market
- 11.1. Introduction
- 11.2. Argentina
- 11.3. Brazil
- 11.4. Canada
- 11.5. Mexico
- 11.6. United States
- 12. Asia-Pacific Auto Extended Warranty Market
- 12.1. Introduction
- 12.2. Australia
- 12.3. China
- 12.4. India
- 12.5. Indonesia
- 12.6. Japan
- 12.7. Malaysia
- 12.8. Philippines
- 12.9. Singapore
- 12.10. South Korea
- 12.11. Taiwan
- 12.12. Thailand
- 12.13. Vietnam
- 13. Europe, Middle East & Africa Auto Extended Warranty Market
- 13.1. Introduction
- 13.2. Denmark
- 13.3. Egypt
- 13.4. Finland
- 13.5. France
- 13.6. Germany
- 13.7. Israel
- 13.8. Italy
- 13.9. Netherlands
- 13.10. Nigeria
- 13.11. Norway
- 13.12. Poland
- 13.13. Qatar
- 13.14. Russia
- 13.15. Saudi Arabia
- 13.16. South Africa
- 13.17. Spain
- 13.18. Sweden
- 13.19. Switzerland
- 13.20. Turkey
- 13.21. United Arab Emirates
- 13.22. United Kingdom
- 14. Competitive Landscape
- 14.1. FPNV Positioning Matrix
- 14.2. Market Share Analysis, By Key Player
- 14.3. Competitive Scenario Analysis, By Key Player
- 15. Competitive Portfolio
- 15.1. Key Company Profiles
- 15.1.1. AAA Club Alliance Inc.
- 15.1.2. Allianz Partners
- 15.1.3. Allstate Insurance Company
- 15.1.4. AmTrust Financial
- 15.1.5. Autopom
- 15.1.6. AXA Partners Holding SA
- 15.1.7. Berkshire Hathaway Homestate Companies
- 15.1.8. CARCHEX
- 15.1.9. CarShield
- 15.1.10. Chubb by ACE Ltd.
- 15.1.11. Concord Auto Protect
- 15.1.12. Continental Warranty Inc.
- 15.1.13. Endurance Warranty Services, LLC.
- 15.1.14. ForeverCar
- 15.1.15. Government Employees Insurance Company
- 15.1.16. GWC Warranty.
- 15.1.17. HDFC ERGO General Insurance Company Limited
- 15.1.18. ICICI Lombard General Insurance Company Limited
- 15.1.19. Nationwide Mutual Insurance Company
- 15.1.20. Olive by Repair Ventures, LLC
- 15.1.21. Omega Auto Care
- 15.1.22. Protect My Car
- 15.1.23. Reliance General Insurance Company Limited
- 15.1.24. Tata AIG General Insurance Company Limited
- 15.1.25. Toco Warranty
- 15.2. Key Product Portfolio
- 16. Appendix
- 16.1. Discussion Guide
- 16.2. License & Pricing
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