Global Roadside Assistance and Towing Services Market 2024 by Company, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Roadside Assistance and Towing Services market size was valued at USD 1214.2 million in 2023 and is forecast to a readjusted size of USD 1727.7 million by 2030 with a CAGR of 5.2% during review period.
Roadside assistance is a service provided to stranded drivers and usually includes towing, locksmith service, battery replacement, starting, tire replacement, and fuel or oil delivery. Most roadside assistance programs charge a flat monthly or annual fee. In addition to the standard coverage options, some roadside assistance plans offer exceptionally high towing limits and cover winches needed to get the car out of mud, sand or snow. Roadside assistance can come from independent providers such as car insurance companies, cell phone providers, or car clubs. Additionally, many automakers offer free roadside assistance for new vehicles.
According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached the peak in the past 10 years, with 97.3 million and 95.89 million vehicles respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. By 2022, there will be 81.6 million cars worldwide. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia's automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world's major auto-producing countries include China, the United States, Japan, South Korea, Germany, India, and Mexico; among them, China is the largest auto-producing country in the world, accounting for about 32%.
The Global Info Research report includes an overview of the development of the Roadside Assistance and Towing Services industry chain, the market status of Personal (Fuel Delivery, Tire Change), Enterprise (Fuel Delivery, Tire Change), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Roadside Assistance and Towing Services.
Regionally, the report analyzes the Roadside Assistance and Towing Services markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Roadside Assistance and Towing Services market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Roadside Assistance and Towing Services market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Roadside Assistance and Towing Services industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Fuel Delivery, Tire Change).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Roadside Assistance and Towing Services market.
Regional Analysis: The report involves examining the Roadside Assistance and Towing Services market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Roadside Assistance and Towing Services market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Roadside Assistance and Towing Services:
Company Analysis: Report covers individual Roadside Assistance and Towing Services players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Roadside Assistance and Towing Services This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Personal, Enterprise).
Technology Analysis: Report covers specific technologies relevant to Roadside Assistance and Towing Services. It assesses the current state, advancements, and potential future developments in Roadside Assistance and Towing Services areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Roadside Assistance and Towing Services market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Roadside Assistance and Towing Services market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Fuel Delivery
Tire Change
Battery Replacement
Towing Services
Others
Market segment by Application
Personal
Enterprise
Market segment by players, this report covers
ARCHEX
AA Singapore
AAA
Acuity
AIG
Allstate Motor Club
ARC Europe
Belairdirect
Better World Club
Big B Towing
Farmers
Good Sam
Progressive
Roadside Masters
State Farm
Viking Assistance Group
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Roadside Assistance and Towing Services product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Roadside Assistance and Towing Services, with revenue, gross margin and global market share of Roadside Assistance and Towing Services from 2019 to 2024.
Chapter 3, the Roadside Assistance and Towing Services competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Roadside Assistance and Towing Services market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Roadside Assistance and Towing Services.
Chapter 13, to describe Roadside Assistance and Towing Services research findings and conclusion.