Press release
Automotive & Vehicle Insurance Market will reach 231000 million US$ in 2023
Vehicle insurance (also known as car insurance, motor insurance or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle. Vehicle insurance may additionally offer financial protection against theft of the vehicle, and against damage to the vehicle sustained from events other than traffic collisions, such as keying, weather or natural disasters, and damage sustained by colliding with stationary objects. The specific terms of vehicle insurance vary with legal regulations in each region.
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Global Automotive & Vehicle Insurance Market: Forecast by Type / Application / Region
The global Automotive & Vehicle Insurance market is valued at 205000 million USD in 2017 and is expected to reach 231000 million USD by the end of 2023, growing at a CAGR of 2.0% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Automotive & Vehicle Insurance.
Europe also play important roles in global market, with market size of x million USD in 2017 and will be x million USD in 2023, with a CAGR of x%.
This report studies the Automotive & Vehicle Insurance market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Automotive & Vehicle Insurance market by product type and applications/end industries.
Global Nonferrous Metal Recycling Market:Key Players
State Farm
GEICO
Progressive
Allstate
USAA
Liberty Mutual
Farmers
Nationwide
Travelers
American Family
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Related Information:
United States Automotive & Vehicle Insurance Market 2018 Forecast to 2023
Europe Automotive & Vehicle Insurance Market 2018 Forecast to 2023
North America Automotive & Vehicle Insurance Market 2018 Forecast to 2023
Asia-Pacific Automotive & Vehicle Insurance Market 2018 Forecast to 2023
China Automotive & Vehicle Insurance Market 2018 Forecast to 2023
EMEA Automotive & Vehicle Insurance Market 2018 Forecast to 2023
Global Automotive & Vehicle Insurance Market 2018 Forecast to 2023
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