Press release
Two-Wheeler Insurance Market is projected to reach $171.88 billion by 2030, registering a CAGR of 6.8% from 2021 to 2030.
Segment review
The global two-wheeler insurance market share is segmented into policy type, distribution channel, vehicle age, and region. In terms of policy type, it is fragmented into third party liability insurance and comprehensive insurance. By distribution channel, it is segregated into insurance agents/brokers, direct response, banks, and others. As per vehicle age, it is divided into new vehicle and used vehicle. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Top impacting factors
Rise in number of traffic accidents
Regulatory requirements for the adoption of two-wheeler insurance
Key Benefits For Stakeholders
The study provides an in-depth analysis of the two-wheeler insurance market forecast along with the current trends and future estimations to explain the imminent investment pockets.
The quantitative analysis of the two-wheeler insurance market trends from 2021 to 2030 is provided to determine the market potential.
Information about key drivers, restraints, & opportunities and their impact analysis on the global market is provided in the report.
Porter's five forces analysis illustrates the potency of the buyers and suppliers operating in the two-wheeler insurance market.
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Two-Wheeler Insurance Market Report Highlights
Aspects Details
By Policy Type Third Party Liability InsuranceComprehensive Insurance
By Distribution Channel Insurance Agents/BrokersDirect ResponseBanksOthers
By Vehicle Age New VehicleUsed Vehicle
By Region North America (U.S., Canada)Europe (Germany, UK, France, Italy, Spain, Rest of Europe)Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)LAMEA (Latin America, Middle East, Africa)
By Key Market Players STATE FARM MUTUAL AUTOMOBILE INSURANCEGEICOALLSTATE INSURANCE COMPANYBajaj Allianz General InsuranceFarmersDairylandLiberty General Insurance Ltd.ACKO General Insurance LimitedProgressive Casualty Insurance CompanyUSAA
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Related Links:
IoT Insurance Market : https://www.alliedmarketresearch.com/iot-insurance-market-A09784
Takaful Insurance Market : https://www.alliedmarketresearch.com/takaful-insurance-market-A11835
AI in Insurance Market : https://www.alliedmarketresearch.com/ai-in-insurance-market-A11615
Reinsurance Market : https://www.alliedmarketresearch.com/reinsurance-market-A06288
Asia-Pacific Usage based Insurance Market : https://www.alliedmarketresearch.com/asia-pacific-usage-based-insurance-market-A15889
Identity Theft Insurance Market : https://www.alliedmarketresearch.com/identity-theft-insurance-market-A11987
Two wheeler Insurance Market : https://www.alliedmarketresearch.com/two-wheeler-insurance-market-A07582
Aviation Insurance Market : https://www.alliedmarketresearch.com/aviation-insurance-market-A14877
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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