Global Extended Warranty Service Market Growth (Status and Outlook) 2023-2029

Global Extended Warranty Service Market Growth (Status and Outlook) 2023-2029

Extended Warranty refers to any extension of manufacturer's warranty offered at the point of sale of products. It is also known as service contract/ agreement and the cover only commences on completion of the original warranty.
LPI (LP Information)' newest research report, the “Extended Warranty Service Industry Forecast” looks at past sales and reviews total world Extended Warranty Service sales in 2022, providing a comprehensive analysis by region and market sector of projected Extended Warranty Service sales for 2023 through 2029. With Extended Warranty Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Extended Warranty Service industry.
This Insight Report provides a comprehensive analysis of the global Extended Warranty Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Extended Warranty Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Extended Warranty Service market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Extended Warranty Service and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Extended Warranty Service.
The global Extended Warranty Service market size is projected to grow from US$ 98040 million in 2022 to US$ 149610 million in 2029; it is expected to grow at a CAGR of 6.2% from 2023 to 2029.
The market for Extended Warranty Service is relatively fragment, the major players including Asurion, American International Group (AIG), Assurant, Allstate (SquareTrade), Amtrust, American Home Shield, Ally Financial, Allianz Global Assistance, Automobile Protection Corporation (APCO) , Endurance Warranty Services, CarShield, CARCHEX, Corporate Warranties India and so on. The top 5 players, namely Asurion, American International Group (AIG), Assurant, Allstate (SquareTrade) and Amtrust, account for more than 17% global market share in value in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Extended Warranty Service market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Standard Protection Plan
Accidental Protection Plan
Segmentation by application
Automobile
Consumer Electronics
Home Appliances
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Asurion
American International Group (AIG)
Assurant
Allstate (SquareTrade)
Amtrust
American Home Shield
Ally Financial
Allianz Global Assistance
Automobile Protection Corporation (APCO)
Endurance Warranty Services
CarShield
CARCHEX
Corporate Warranties India

Please note: The report will take approximately 2 business days to prepare and deliver.