|09-21-2018 12:43 PM CET - Business, Economy, Finances, Banking & Insurance||
Commercial Motor Insurance Market To Witness Huge Growth By 2023
Press release from: HTF Market Intelligence Consulting Pvt. Ltd.
HTF MI released a new market study on UK Commercial Motor Insurance Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for UK Commercial Motor Insurance Forecast till 2025*. Some are the key players taken under coverage for this study are QBE, Allianz, Aviva.
Click to get UK Commercial Motor Insurance Market Research Sample PDF Copy Here @: www.htfmarketreport.com/sample-report/1378177-uk-commerci...
"UK Commercial Motor Insurance: Market Dynamics & Opportunities 2018", report analyzes the UK commercial motor insurance market, looking at market size as well as changes in premiums, claims, road casualties, the motor parc, regulations, and opportunities. It discusses competitors in the market, how the market is likely to change due to telematics and driverless cars, and provides future forecasts of market size up to 2022.
The commercial motor market is estimated to have grown by 2.5% in 2017, reaching £4,281m in GWP. This growth has been driven by a combination of factors, including slight economic growth which has boosted consumer and business confidence as well as an increase in the size of the commercial motor parc. Claims in the commercial motor insurance market are affected by the UK’s whiplash culture in the same way as the private motor insurance market; the UK government has sought to combat this through the proposed Civil Liability Bill, which is due to come into effect in April 2020. Once the bill is implemented the commercial motor market will likely experience a reduction in both the number and cost of claims, allowing for insurers to lower premiums.
- The UK commercial motor insurance market is estimated to have grown by 2.5% to £4,281m in 2017.
- Claims notified in the commercial motor insurance market declined in 2017; the incoming Civil Liability Bill is likely to extend this decline further in the coming years.
- The commercial motor market is forecast to continue growing, breaking through the £5bn threshold in 2022.
Reasons to buy
- Keep up-to-date with the new trends and innovations in the market.
- Benchmark yourself against competitors.
Important Features that are under offering & key highlights of the report :
1) What all companies are currently profiled in the report?
Following are list of players that are currently profiled in the the report "QBE, Allianz, Aviva.
** List of companies mentioned may vary in the final report subject to Name Change / Merger etc.
2) Can we add or profiled new company as per our need?
Yes, we can add or profile new company as per client need in the report. Final confirmation to be provided by research team depending upon the difficulty of survey.
** Data availability will be confirmed by research in case of privately held company. Upto 3 players can be added at no added cost.
3) What all regional segmentation covered? Can specific country of interest be added?
Currently, research report gives special attention and focus on following regions:
** One country of specific interest can be included at no added cost. For inclusion of more regional segment quote may vary.
4) Can inclusion of additional Segmentation / Market breakdown is possible?
Yes, inclusion of additional segmentation / Market breakdown is possible subject to data availability and difficulty of survey. However a detailed requirement needs to be shared with our research before giving final confirmation to client.
** Depending upon the requirement the deliverable time and quote will vary.
Enquire for customization in Report @ www.htfmarketreport.com/enquiry-before-buy/1378177-uk-com...
To comprehend UK Commercial Motor Insurance market dynamics in the world mainly, the worldwide UK Commercial Motor Insurance market is analyzed across major global regions. HTF MI also provides customized specific regional and country-level reports for the following areas.
• North America: United States, Canada, and Mexico.
• South & Central America: Argentina, Chile, and Brazil.
• Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
• Europe: UK, France, Italy, Germany, Spain, and Russia.
• Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.
2-Page profiles for 10+ leading manufacturers and 10+ leading retailers is included, along with 3 years financial history to illustrate the recent performance of the market. Revised and updated discussion for 2018 of key macro and micro market influences impacting the sector are provided with a thought-provoking qualitative comment on future opportunities and threats. This report combines the best of both statistically relevant quantitative data from the industry, coupled with relevant and insightful qualitative comment and analysis.
In order to get a deeper view of Market Size, competitive landscape is provided i.e. Revenue (Million USD) by Players (2013-2018), Revenue Market Share (%) by Players (2013-2018) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.
The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as QBE, Allianz, Aviva, includes its basic information like legal name, website, headquarters, its market position, historical background and top 5 closest competitors by Market capitalization / revenue along with contact information. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc.
Buy Full Copy UK Commercial Motor Insurance Report 2018 @ www.htfmarketreport.com/buy-now?format=1&report=1378177
In this study, the years considered to estimate the market size of UK Commercial Motor Insurance are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
Key Stakeholders/Global Reports:
UK Commercial Motor Insurance Manufacturers
UK Commercial Motor Insurance Distributors/Traders/Wholesalers
UK Commercial Motor Insurance Subcomponent Manufacturers
Browse for Full Report at @: www.htfmarketreport.com/reports/1378177-uk-commercial-mot...
Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.
Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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