Vehicle Roadside Assistance Market Growth Trends and Opportunities 2027

The global vehicle roadside assistance market is projected to grow at a CAGR of 3.92% over the forecast period 2020 to 2027 and to reach value of around US$ 30 Bn by 2027.

Rising number of accidents and vehicle collisions is the major factor driving the vehicle roadside assistance market.

Moreover, increasing demand for hybrid and electric vehicles along with rising demand for connectivity solution in vehicles expected to fuel the vehicle roadside assistance market growth. Real-time highway alert, telematics systems, sensors, in-built wifi system, global positioning system are some of the advanced vehicle solutions that manufacturers now incorporate in their vehicles to enhance the driver experience.

The increasing demand for hybrid and electric vehicles is one of the primary factors that will influence vehicle roadside assistance market growth. To decarbonize the environment, governments of several countries have been taking initiatives, such as providing subsidies and tax rebates, to encourage the use of hybrid and electric vehicles. Consequently, the sales of hybrid and electric vehicles have increased, which, in turn, have increased the need for upgraded vehicle roadside assistance services. The sales of electric vehicles in developed countries such as the US and Japan have increased significantly.

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Additionally, upcoming vehicle roadside assistance market trends such as the need for vehicle connectivity solutions will also fuel market growth. Automobile manufacturers have been equipping vehicles with telematics systems. These systems collect and transfer data regarding vehicles’ conditions to service centers, fleet owners, and insurance providers. This will make it easy for drivers to send out real-time highway alerts and notifications to vehicle roadside assistance vendors. These convenience factors will increase the demand for vehicle connectivity solutions, which is one of the key trends contributing to the growth of the market.

Overview

The report provides revenue of the global vehicle roadside assistance market for the period 2016–2027, considering 2019 as the base year and 2027 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the global market during the forecast period. The global vehicle roadside assistance market studies past as well as current growth trends and opportunities to gain valuable insights of these indicators of the market during the forecast period from 2020 to 2027.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted vehicle roadside assistance market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

Competitive Landscape

The report delves into the competitive landscape of the global vehicle roadside assistance market. Key players operating in the global vehicle roadside assistance market have been identified, and each one of these has been profiled for distinguishing business attributes.

The vehicle roadside assistance market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Transplantation market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

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Some of the noticeable market participants in the vehicle roadside assistance market include:

• Viking Assistance Group AS
• ARC Europe SA
• Swedish Auto
• SOS International A/S
• Allianz Global Assistance
• Falck A/S
• Allstate Insurance Company
• AAA
• Agero, Inc.
• Best Roadside Service
• AutoVantage
• Roadside Masters
• Paragon Motor Club
• Good Sam Enterprise, LLC
• Access Roadside Assistance
• Better World Club
• Emergency Road Services Corporation
• Honk technologies
• National General Insurance
• span wings
• LY INC.
• Twenty Four OTR Pvt Ltd
• TVS Auto Assist India Limited
• ASSURANT, INC.
• RESCUE Vehicle Services Private Ltd.
• Emirates Insurance Co. (PSC)
• CHUBB LIMITED
• Prime Assistance Inc.
• Arabian Automobile Association

Segmentation

By Service

• Tire Replacement
• Towing
• Jump Start/Pull Start
• Fuel Delivery
• Lockout/Replacement Key Service
• Battery Assistance
• Winch
• Trip Routing/Navigational Assistance
• Other Mechanic Service

By Provider

• Motor Insurance
• Auto Manufacturer
• Automotive Clubs
• Independent Warranty

By Vehicle

• Commercial Vehicle
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
• Passenger Vehicles

By Regional Outlook

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • Germany
  • France
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Rest of the World

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Table of Content

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Vehicle Roadside Assistance Market, By Service

7.1. Vehicle Roadside Assistance Market, by Service Type, 2020-2027
7.1.1. Tire Replacement
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Towing
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Jump Start/Pull Start
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. Fuel Delivery
7.1.4.1. Market Revenue and Forecast (2016-2027)
7.1.5. Lockout/Replacement Key Service
7.1.5.1. Market Revenue and Forecast (2016-2027)
7.1.6. Battery Assistance
7.1.6.1. Market Revenue and Forecast (2016-2027)
7.1.7. Winch
7.1.7.1. Market Revenue and Forecast (2016-2027)
7.1.8. Trip Routing/Navigational Assistance
7.1.8.1. Market Revenue and Forecast (2016-2027)
7.1.9. Other Mechanic Service
7.1.9.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Vehicle Roadside Assistance Market, By Provider

8.1. Vehicle Roadside Assistance Market, by Provider, 2020-2027
8.1.1. Motor Insurance
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Auto Manufacturer
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Automotive Clubs
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Independent Warranty
8.1.4.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Vehicle Roadside Assistance Market, By Vehicle Type

9.1. Vehicle Roadside Assistance Market, by Vehicle Type, 2020-2027
9.1.1. Commercial Vehicle
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Passenger Vehicles
9.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global Vehicle Roadside Assistance Market, Regional Estimates and Trend Forecast

10.1. North America
10.1.1. Market Revenue and Forecast, by Service (2016-2027)
10.1.2. Market Revenue and Forecast, by Provider (2016-2027)
10.1.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Service (2016-2027)
10.1.4.2. Market Revenue and Forecast, by Provider (2016-2027)
10.1.4.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Service (2016-2027)
10.1.5.2. Market Revenue and Forecast, by Provider (2016-2027)
10.1.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Service (2016-2027)
10.2.2. Market Revenue and Forecast, by Provider (2016-2027)
10.2.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Service (2016-2027)
10.2.4.2. Market Revenue and Forecast, by Provider (2016-2027)
10.2.4.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Service (2016-2027)
10.2.5.2. Market Revenue and Forecast, by Provider (2016-2027)
10.2.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Service (2016-2027)
10.2.6.2. Market Revenue and Forecast, by Provider (2016-2027)
10.2.6.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Service (2016-2027)
10.2.7.2. Market Revenue and Forecast, by Provider (2016-2027)
10.2.7.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Service (2016-2027)
10.3.2. Market Revenue and Forecast, by Provider (2016-2027)
10.3.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Service (2016-2027)
10.3.4.2. Market Revenue and Forecast, by Provider (2016-2027)
10.3.4.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Service (2016-2027)
10.3.5.2. Market Revenue and Forecast, by Provider (2016-2027)
10.3.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Service (2016-2027)
10.3.6.2. Market Revenue and Forecast, by Provider (2016-2027)
10.3.6.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Service (2016-2027)
10.3.7.2. Market Revenue and Forecast, by Provider (2016-2027)
10.3.7.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Service (2016-2027)
10.4.2. Market Revenue and Forecast, by Provider (2016-2027)
10.4.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Service (2016-2027)
10.4.4.2. Market Revenue and Forecast, by Provider (2016-2027)
10.4.4.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Service (2016-2027)
10.4.5.2. Market Revenue and Forecast, by Provider (2016-2027)
10.4.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Service (2016-2027)
10.4.6.2. Market Revenue and Forecast, by Provider (2016-2027)
10.4.6.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Service (2016-2027)
10.4.7.2. Market Revenue and Forecast, by Provider (2016-2027)
10.4.7.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Service (2016-2027)
10.5.2. Market Revenue and Forecast, by Provider (2016-2027)
10.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Service (2016-2027)
10.5.4.2. Market Revenue and Forecast, by Provider (2016-2027)
10.5.4.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Service (2016-2027)
10.5.5.2. Market Revenue and Forecast, by Provider (2016-2027)
10.5.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)

Chapter 11. Company Profiles

11.1. Viking Assistance Group AS
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. ARC Europe SA
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Swedish Auto
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. SOS International A/S
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Allianz Global Assistance
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Falck A/S
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Allstate Insurance Company
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. AAA
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Agero, Inc.
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Best Roadside Service
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
11.11. AutoVantage
11.11.1. Company Overview
11.11.2. Product Offerings
11.11.3. Financial Performance
11.11.4. Recent Initiatives
11.12. Roadside Masters
11.12.1. Company Overview
11.12.2. Product Offerings
11.12.3. Financial Performance
11.12.4. Recent Initiatives
11.13. Paragon Motor Club
11.13.1. Company Overview
11.13.2. Product Offerings
11.13.3. Financial Performance
11.13.4. Recent Initiatives
11.14. Good Sam Enterprise, LLC
11.14.1. Company Overview
11.14.2. Product Offerings
11.14.3. Financial Performance
11.14.4. Recent Initiatives
11.15. Access Roadside Assistance
11.15.1. Company Overview
11.15.2. Product Offerings
11.15.3. Financial Performance
11.15.4. Recent Initiatives
11.16. Better World Club
11.16.1. Company Overview
11.16.2. Product Offerings
11.16.3. Financial Performance
11.16.4. Recent Initiatives
11.17. Emergency Road Services Corporation
11.17.1. Company Overview
11.17.2. Product Offerings
11.17.3. Financial Performance
11.17.4. Recent Initiatives
11.18. Honk technologies
11.18.1. Company Overview
11.18.2. Product Offerings
11.18.3. Financial Performance
11.18.4. Recent Initiatives
11.19. National General Insurance
11.19.1. Company Overview
11.19.2. Product Offerings
11.19.3. Financial Performance
11.19.4. Recent Initiatives
11.20. Span Wings
11.20.1. Company Overview
11.20.2. Product Offerings
11.20.3. Financial Performance
11.20.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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