Europe usage based insurance market is growing with the healthy CAGR of 18.6% By 2026 - Major Key Players are Allianz, AXA, Progressive Insurance, Allstate, Desjardins, Generali, MAPFRE, Aviva, AXA UK, Ageas UK, Liberty Mutual Insurance Europe Limited

Europe usage based insurance market report is an excellent report that makes it possible to the Europe usage based insurance industry to take strategic decisions and achieve growth objectives. The analysis of this report has been used to examine various segments that are relied upon to witness the quickest development based on the estimated forecast frame. Europe usage based insurance report also provides the company profile, product specifications, production value, contact information of manufacturer and market shares for company. The report helps Europe usage based insurance industry to divulge the best market opportunities and look after proficient information to efficiently climb the ladder of success.

Europe usage based insurance market is growing with the healthy CAGR of 18.6% in the forecast period of 2019 to 2026.

FREE | Sample Report Available at https://databridgemarketresearch.com/request-a-sample/?dbmr=europe-usage-based-insurance-market

Key Companies/Competitors: Europe Usage Based Insurance

Allianz, AXA, Progressive Insurance, Allstate, Allstate Canada, Desjardins, Generali, MAPFRE, Metromile, Aviva, Admiral Group Plc, Ageas Group, Octo Telematics, TomTom Telematics, Liberty Mutual Insurance, Intelligent Mechatronic Systems – IMS, Mitsui Sumitomo Insurance Co. (Europe) Ltd, Watchstone Group plc, Allianz Australia, Aviva Canada, Allianz Asia Pacific, AXA Insurance Company, AXA US, Aviva Asia, AXA Italia, AXA UK, Ageas UK, Liberty Mutual Insurance Europe Limited
MARKET SEGMENTATION: Europe Usage Based Insurance Market

Europe usage-based insurance market is segmented into six notable segments which are package type, vehicle type, device offering, technology, vehicle age and electric & hybrid vehicle.

• On the basis of package type, the market is segmented into pay-as-you-drive (PAYD), pay-how-you-drive (PHYD), and manage-how-you-drive (MHYD). In 2019, the pay-as-you-drive (PAYD), market is growing at the CAGR of 18.8% in the forecast period of 2019-2026.

• In November 2015, Intelligent Mechatronic Systems (IMS) was awarded for excellence in the innovative. This award made Intelligent Mechatronic Systems (IMS) more popular.

• On the basis of vehicle type, the market is segmented into light-duty vehicle (LDV) and heavy-duty vehicles (HDV). In 2018, light-duty vehicle (LDV) market is growing with the highest CAGR of 19.1% in the forecast period of 2019 to 2026.

• In March 2016, TrueMotion has acquired The Canary Project. Due to this acquisition, company has application developer for developing telematics application
• On the basis of device offering, the market is segmented into company provided and bringyour own device (BYOD). The company provided market is growing at the CAGR of 18.0% in the forecast period of 2019-2026.

• In June 2018, Cambridge Mobile Telematics (CMT) was awarded as best auto digital insurance product award from TU-Automotive Detroi for DriveWell. This award made Cambridge Mobile Telematics (CMT) more popular which increases the overall income of the company

• On the basis of technology, the market is segmented into OBD-II, smartphone, embedded system, black box and others. In 2018, embedded system market is growing with the highest CAGR of 19.2% in the forecast period of 2019 to 2026.

• In August 2017, Cambridge Mobile Telematics (CMT) has launched powerful smartphone telematics program for commercial fleets. This launch has improved employee safety, reduce the number of accidents and claims and increase operational efficiency and performance.

• On the basis of vehicle age, the market is segmented into new vehicles and on-road vehicles. In 2018, on-road vehicles market is growing with the highest CAGR of 19.0% in the forecast period of 2019 to 2026.

• In September 2017, the company was awarded as the global pioneer in telematics insurance and champion for road safety by UK insurance sector This award made company more popular which further increases the overall sells

• On the basis of electric and hybrid vehicle, the market is segmented into hybrid electric vehicle (HEV), plug-in hybrid vehicle (PHEV) and battery electric vehicle (BEV).In 2018 Battery Electric Vehicle (BEV) market is growing with the highest CAGR of 19.3% in the forecast period of 2019 to 2026.

• In September 2017, the Progressive Company has introduced ELD Usage-Based Insurance Program for Commercial Truck Drivers. This launch extended the company’s service portfolio

Table of Content

Section 1 Europe Usage Based Insurance Definition
Section 2 Europe Usage Based Insurance Major Player Share and Market Overview
Section 3 Major Player Europe Usage Based Insurance Business Introduction
Section 4 Europe Usage Based Insurance Segmentation
Section 5 Europe Usage Based Insurance Market Segmentation (Type Level)
Section 7 Europe Usage Based Insurance Market Forecast
Section 8 Europe Usage Based Insurance Segmentation Type
Section 9 Europe Usage Based Insurance Segmentation Industry
Section 10 Europe Usage Based Insurance Cost Analysis
Section 11 Conclusion

FREE | TOC Available At https://databridgemarketresearch.com/toc/?dbmr=europe-usage-based-insurance-market

All the data, statistics, and information collected in the report has been studied and analyzed with the demonstrated tools and techniques such as SWOT analysis and Porter's Five Forces analysis. The report provides a profound overview of product specification, technology, product type and production analysis considering major factors such as Revenue, Cost, Gross and Gross Margin. Europe Usage Based Insurance market report acts upon systematic gathering, recording and analysis of data for the concerns linked to the marketing of goods and services and thereby serve the Automotive industry with an excellent market research report. Granular market information assembled in this Europe Usage Based Insurance report will be helpful to A Europe Usage Based Insurance industry to take competent business decisions.

CUSTOMIZATION OF THE REPORT:

This report can be customized to meet the client’s requirements. Please connect with our sales team (sopan.gedam@databridgemarketresearch.com), who will ensure that you get a report that suits your needs.

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

This release was published on openPR.