Extended Warranty Market Set to Witness Impressive Growth | Top Key Players - AXA, American International Group, ASSURANT, AmTrust Financial, Asurion, CARCHEX, CarShield LLC, and Many More

Extended warranty, also known as service agreement or protection plan, provides coverages to increase the length of protection for large purchases. It provides coverages for multiple types of products & brands, ranging from appliances to electronics, wearables, computer equipment, mobile products, and others. In addition, manufacturers tend to deal with limited product & brand set to provide extended warranty as the licensing & credentialing requirements largely differ from other insurance coverages.

Allied Market Research published a new report, titled, "Extended Warranty Market By Coverage (Standard Protection Plan and Accidental Protection Plan), Application (Automobiles, Consumer Electronics, Home Appliances, Mobile Devices & PCs, and Others), Distribution Channel (Manufacturers, Retailers, and Others), and End User (Business and Individuals): Global Opportunity Analysis and Industry Forecast, 2020-2028".

The market report provides an all-inclusive analysis of the present market aspects, estimations, assessments, revolving scenarios, and dynamic forces of the industry from 2019 to 2028. An extensive study of the aspects that drive and curtail the market growth is also demonstrated. The wide-ranging assessment of the market size and its proper breakdown help determine the dominant market opportunities.

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The major countries in each region are portrayed according to the chunk of revenue they have. The major market players in the industry are outlined, and their plans & strategies are examined thoroughly, that ideate the competitive outlook of the extended warranty market.

The market report covers the regions such as North America (United States, Canada and Mexico), South America (Brazil, Argentina, and Colombia), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). The report also presents a comprehensive scenario of the market in each jurisdiction.

The frontrunners in the global extended warranty market are studied in this report. These market players have incorporated different strategies including partnership, expansion, collaboration, joint ventures, and others to prop up their stand in the industry. The key players operating in the global extended warranty industry include ASSURANT INC., American International Group Inc., AXA, AmTrust Financial, Asurion. CARCHEX, CarShield LLC, Endurance Warranty Services LLC, Edel Assurance, and SquareTrade Inc.

The market report covers an array of growth factors of the industry along with severe challenges and impeding factors that might deter the growth of the market. This study helps new market entrants and manufacturers concoct proper plans for potential challenges and look for opportunities to build up their market stance.

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The report offers detailed information regarding major end-users and annual forecasts from 2019 to 2028. In addition, it presents revenue forecasts for each year along with sales and sales growth of the market. The forecasts are offered by a thorough study of the market by proficient analysts concerning geographical assessment of the market. These forecasts are beneficial to gain deep insight on the future prospects of the industry.

Key Benefits of the Report:
1. This study gives out an edifying illustration of the global extended warranty market along with the contemporary trends and future assessments to support the investment takes.
2. The market report, furthermore, presents statistics in regards to key drivers, restraining factors, and opportunities coupled with an all-inclusive analysis of the market revenue.
3. The current market is thoroughly assessed from 2019 to 2028 to accentuate the global extended warranty market growth scenario. This analytical pattern displays the assertiveness of the market by analyzing several parameters including pressures from alternatives, power of the suppliers, and choice of the buyers operating in the industry.
4. The report doles out an explicit market study based on economic strength and how the global competition will take proper form in the near future.

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Major Offering of the Report:
1. Top impacting factors: An extensive study of the driving factors, imminent opportunities, and challenges.
2. Current drifts & trends: A thorough analysis of the recent market trends and forecasts for the next few years to lay hold of a tactical, premeditated decision.
3. Segmental inquiry: A pervasive analysis of each segment and growth factors along with growth rate estimation.
4. Geographical analysis: Detailed discernments on the market potential across each province to allow the market players to make the most out of the market opportunities.
5. Competitive scenario: An extensive analysis of frontrunners active in the industry.

Questions Answered in the Extended warranty Market Research Report:
1. Which are the leading players active in the global extended warranty market?
2. What would be the detailed impact of COVID-19 on the global extended warranty market size?
3. How the current extended warranty market trends that would influence the industry in the next few years?
4. What are the driving factors, restraints, and opportunities in the global market?
5. What are the projections for the future that would help in taking further strategic steps?

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Extended Warranty Market Key Segments:
By Coverage:
1. Standard Protection Plan
2. Accidental Protection Plan

By Application:
1. Automobiles
2. Consumer Electronics
3. Home Appliances
4. Mobile Devices & PCs
5. Others

By Distribution Channel:
1. Manufacturers
2. Retailers
3. Others

By End User:
1. Business
2. Individuals

By Region:
1. North America
2. Europe
3. Asia-Pacific
4. LAMEA

CHAPTERS DISCUSSED IN THE REPORT: [Total 300+ Pages]
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Extended Warranty Market, By Coverage
Chapter 5: Extended Warranty Market, By Application
Chapter 6: Extended Warranty Market, By Distribution Channel
Chapter 7: Extended Warranty Market, By End User
Chapter 8: Extended Warranty Market, By Region
Chapter 9: Competitive Landscape
Chapter 10: Company Profiles

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