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With a CAGR of 5.80% between 2023 and 2030, the market value for vehicle roadside assistance is expected to increase from its 2022 level of $24.8 billion to $35.8 billion.
More people using cars for daily transportation increases the likelihood of mechanical failures and other hazards. In addition, the average age of vehicles on the road is increasing, which increases the likelihood of breakdowns and other wear-and-tear-related issues. The research study "Global Vehicle Roadside Assistance Market" covers the industry as a whole. The research provides a thorough examination of the market's most important subsegments, trends, drivers, restraints, competitive landscape, and other variables.
Manufacturers and independent service providers alike offer breakdown support for clients. This service is available to assist in the event of a car accident or breakdown. On-site auto repair services are available to help you with any mechanical or electrical problems, as well as any flat tyres, dead batteries, or other roadside emergencies. With the introduction of mobile petrol delivery services, the automotive roadside assistance sector is undergoing a revolutionary upheaval. The "Booster" mobile fuel delivery service is a successful new business in the United States, catering to a wide range of consumers and business owners, including fleet managers.
The need for emergency assistance on the side of the road is on the rise as more and more older vehicles have electrical and mechanical breakdowns. The proliferation of app-based services, which have halved the response time for roadside help, is another driver fueling the development of the sector. During the winter, when temperatures are often lower, many drivers throughout the world need a jump start because the cold drains their batteries. Due to icy and snowy roads in many areas, hazardous driving increases the risk of fatal road accidents, so roadside help is essential. To set themselves apart in an increasingly competitive market, more and more automakers are providing 24/7 roadside assistance. Manufacturers and other service providers frequently give roadside assistance in the event of an accident or breakdown. Flat tyres, dead batteries, and other mechanical and electrical malfunctions are no match for roadside assistance's quick fixes.
Car companies include these optional features to appeal to a broader range of customers and enhance revenue. The global expansion of the vehicle sector is a key factor driving the market. Increasing demand for automotive connectivity solutions like road safety alerts, weather alerts, and other road safety and emergency solutions is also expected to fuel market expansion in the future years. The company's ability to provide remote car roadside assistance to customers via a number of mobile apps and IoT devices is a positive effect of digitalization in the automotive industry on the market. Market growth in the next years is anticipated to be fueled by the increasing public focus on road safety. Over the course of the projection time frame, the market is expected to grow thanks in part to the efforts of major companies to increase their offerings in the roadside help space.
Vehicle roadside assistance providers are there to aid motorists in the event of a breakdown or other vehicle-related emergency. These services are intended to aid motorists who have broken down on the side of the road due to a breakdown, flat tyre, dead battery or other similar problem. Most motorists are aware that they can contact for assistance in the case of a breakdown and have a service expert dispatched to their location. Depending on the severity of the problem, the mechanic may be able to tow the vehicle to a nearby repair shop. Insurance companies, automakers, and independent organisations all offer various forms of roadside assistance. Companies that formerly only dealt in things like auto insurance and vehicle warranties now also offer roadside assistance. It is important to understand the specifics of your roadside assistance plan so that you can get the aid you need in an unexpected situation.
Commercial vehicles, passenger vehicles, and others make up the vehicle-based submarkets of the overall market. Vehicle The need for roadside assistance is especially common among commercial vehicles like trucks and delivery vans. Roadside help is often seen as an essential service for business vehicles due to the possible effects that breakdowns or other problems may have on daily operations and financial performance. Commercial truck drivers can often take use of the same towing, battery jumpstarts, tyre changes, fuel delivery and lockout services provided by personal vehicle roadside assistance programmes. What we call "Vehicle Roadside Assistance" covers help for people who own compact cars, midsize SUVs, and full-size vans. Additional services, such as trip interruption coverage that reimburses you for expenses incurred because of a breakdown or other problems on the road, may be included in your roadside assistance package for passenger vehicles.
The Vehicle Roadside Assistance Market is broken down into regions including North America, Europe, Asia Pacific, and RoW. In 2020, Europe's share of the market was the largest, and projections show that this trend will only continue. The expansion of the market is bolstered by the prominence of important companies in the area. The rising disposable income of the population, coupled with their increased familiarity with roadside assistance services, is expected to propel the market forward in the coming years. Market expansion is also aided by rising demand for high-end automobiles in Europe. The Asia-Pacific region is likewise expected to grow at a rapid clip throughout the prediction horizon. The rising frequency of traffic accidents and the public's growing knowledge of and preference for roadside assistance are expected to fuel the market expansion in the developing economies of Asia Pacific (APAC), such as China, Japan, India, and others.
Report Coverage
Global Vehicle Roadside Assistance research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Vehicle Roadside Assistance report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Vehicle Roadside Assistance competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Vehicle Roadside Assistance market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Vehicle Roadside Assistance market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Vehicle Roadside Assistance market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Viking assistance group, Best Roadside Service, Access Roadside Assistance, AutoVantage, Paragom Motorclub, Roadside Masters, ARC Europe SA, Agero, Inc., Allstate Insurance Company, Allianz Global Assistance, ASSURANT, INC., GM Motor Club, National Motor Club, and SO S International A / S, among others.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Vehicle Roadside Assistance market based on the below-mentioned segments:
Global Vehicle Roadside Assistance Market, By Vehicle Type
Passenger Vehicle
Commercial Vehicle
Global Vehicle Roadside Assistance market, By Provider
Auto Manufacturer
Motor Insurance
Independent Warranty
Automotive Clubs
Global Vehicle Roadside Assistance Market, By Service
Towing
Tire Replacement
Fuel Delivery
Jump Start/Pull Start
Lockout/Replacement Key Services
Winch, Battery Assistance
Trip Routing/Navigational Assistance
Other Mechanic Services
Global Vehicle Roadside Assistance market, Regional Analysis
More people using cars for daily transportation increases the likelihood of mechanical failures and other hazards. In addition, the average age of vehicles on the road is increasing, which increases the likelihood of breakdowns and other wear-and-tear-related issues. The research study "Global Vehicle Roadside Assistance Market" covers the industry as a whole. The research provides a thorough examination of the market's most important subsegments, trends, drivers, restraints, competitive landscape, and other variables.
Manufacturers and independent service providers alike offer breakdown support for clients. This service is available to assist in the event of a car accident or breakdown. On-site auto repair services are available to help you with any mechanical or electrical problems, as well as any flat tyres, dead batteries, or other roadside emergencies. With the introduction of mobile petrol delivery services, the automotive roadside assistance sector is undergoing a revolutionary upheaval. The "Booster" mobile fuel delivery service is a successful new business in the United States, catering to a wide range of consumers and business owners, including fleet managers.
The need for emergency assistance on the side of the road is on the rise as more and more older vehicles have electrical and mechanical breakdowns. The proliferation of app-based services, which have halved the response time for roadside help, is another driver fueling the development of the sector. During the winter, when temperatures are often lower, many drivers throughout the world need a jump start because the cold drains their batteries. Due to icy and snowy roads in many areas, hazardous driving increases the risk of fatal road accidents, so roadside help is essential. To set themselves apart in an increasingly competitive market, more and more automakers are providing 24/7 roadside assistance. Manufacturers and other service providers frequently give roadside assistance in the event of an accident or breakdown. Flat tyres, dead batteries, and other mechanical and electrical malfunctions are no match for roadside assistance's quick fixes.
Car companies include these optional features to appeal to a broader range of customers and enhance revenue. The global expansion of the vehicle sector is a key factor driving the market. Increasing demand for automotive connectivity solutions like road safety alerts, weather alerts, and other road safety and emergency solutions is also expected to fuel market expansion in the future years. The company's ability to provide remote car roadside assistance to customers via a number of mobile apps and IoT devices is a positive effect of digitalization in the automotive industry on the market. Market growth in the next years is anticipated to be fueled by the increasing public focus on road safety. Over the course of the projection time frame, the market is expected to grow thanks in part to the efforts of major companies to increase their offerings in the roadside help space.
Vehicle roadside assistance providers are there to aid motorists in the event of a breakdown or other vehicle-related emergency. These services are intended to aid motorists who have broken down on the side of the road due to a breakdown, flat tyre, dead battery or other similar problem. Most motorists are aware that they can contact for assistance in the case of a breakdown and have a service expert dispatched to their location. Depending on the severity of the problem, the mechanic may be able to tow the vehicle to a nearby repair shop. Insurance companies, automakers, and independent organisations all offer various forms of roadside assistance. Companies that formerly only dealt in things like auto insurance and vehicle warranties now also offer roadside assistance. It is important to understand the specifics of your roadside assistance plan so that you can get the aid you need in an unexpected situation.
Commercial vehicles, passenger vehicles, and others make up the vehicle-based submarkets of the overall market. Vehicle The need for roadside assistance is especially common among commercial vehicles like trucks and delivery vans. Roadside help is often seen as an essential service for business vehicles due to the possible effects that breakdowns or other problems may have on daily operations and financial performance. Commercial truck drivers can often take use of the same towing, battery jumpstarts, tyre changes, fuel delivery and lockout services provided by personal vehicle roadside assistance programmes. What we call "Vehicle Roadside Assistance" covers help for people who own compact cars, midsize SUVs, and full-size vans. Additional services, such as trip interruption coverage that reimburses you for expenses incurred because of a breakdown or other problems on the road, may be included in your roadside assistance package for passenger vehicles.
The Vehicle Roadside Assistance Market is broken down into regions including North America, Europe, Asia Pacific, and RoW. In 2020, Europe's share of the market was the largest, and projections show that this trend will only continue. The expansion of the market is bolstered by the prominence of important companies in the area. The rising disposable income of the population, coupled with their increased familiarity with roadside assistance services, is expected to propel the market forward in the coming years. Market expansion is also aided by rising demand for high-end automobiles in Europe. The Asia-Pacific region is likewise expected to grow at a rapid clip throughout the prediction horizon. The rising frequency of traffic accidents and the public's growing knowledge of and preference for roadside assistance are expected to fuel the market expansion in the developing economies of Asia Pacific (APAC), such as China, Japan, India, and others.
Report Coverage
Global Vehicle Roadside Assistance research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Vehicle Roadside Assistance report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Vehicle Roadside Assistance competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Vehicle Roadside Assistance market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Viking assistance group, Best Roadside Service, Access Roadside Assistance, AutoVantage, Paragom Motorclub, Roadside Masters, ARC Europe SA, Agero, Inc., Allstate Insurance Company, Allianz Global Assistance, ASSURANT, INC., GM Motor Club, National Motor Club, and SO S International A / S, among others. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Vehicle Roadside Assistance Market from 2021 to 2030.
- Market Forecast for Vehicle Roadside Assistance Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Vehicle Roadside Assistance competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Vehicle Roadside Assistance
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Vehicle Roadside Assistance market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Vehicle Roadside Assistance market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Viking assistance group, Best Roadside Service, Access Roadside Assistance, AutoVantage, Paragom Motorclub, Roadside Masters, ARC Europe SA, Agero, Inc., Allstate Insurance Company, Allianz Global Assistance, ASSURANT, INC., GM Motor Club, National Motor Club, and SO S International A / S, among others.
Primary Target Market
- Market Players of Vehicle Roadside Assistance
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Vehicle Roadside Assistance market based on the below-mentioned segments:
Global Vehicle Roadside Assistance Market, By Vehicle Type
Passenger Vehicle
Commercial Vehicle
Global Vehicle Roadside Assistance market, By Provider
Auto Manufacturer
Motor Insurance
Independent Warranty
Automotive Clubs
Global Vehicle Roadside Assistance Market, By Service
Towing
Tire Replacement
Fuel Delivery
Jump Start/Pull Start
Lockout/Replacement Key Services
Winch, Battery Assistance
Trip Routing/Navigational Assistance
Other Mechanic Services
Global Vehicle Roadside Assistance market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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