Roadside Assistance Market by Service (Towing, Tire Replacement, Fuel Delivery, Jump Start/Pull Start, Lockout/ Replacement Key Service, Winch, Battery Assistance, Trip Routing/ Navigational Assistance, and Other Mechanic Services), Provider (Auto Manufacturer, Motor Insurance, Independent Warranty, and Automotive Clubs), and Vehicle (Passenger Vehicle and Commercial Vehicle (LCV and HCV)): Global Opportunity Analysis and Industry Forecast, 2019–2026
|
A05371
|
Pages: NA
|
Oct 2020 |
2845 Views
|
|
|
|
Author(s) :
NA
|
Tables: NA
|
Charts: NA
|
Formats*:
|
|
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Roadside Assistance Market
Request Now !Roadside Assistance Market Outlook - 2026
Vehicle roadside assistance is provided to automobile drivers whenever there is a breakdown of vehicle. Through the vehicle roadside assistance, onsite help is offered to drivers including minor repairs, electrical repairs, and adjustments in an attempt to make a vehicle drivable again. The Roadside Assistance Market is growing with the increase in the number of aging vehicles. Automobiles that are more than 10 years old are twice as likely to end up stranded on the roads compared to newer vehicles. When a vehicle collapses or has a road crash, roadside support fixes the problem on the spot, most of the time. Roadside aid for vehicles offers onsite support, including on-site small electrical and mechanical repair, support of flat-tires, jump-start battery, lock-out and loss of keys, vehicle towing, and fuel delivery services for drivers. However, cost of road side assistance services vary based on labor and service charge rates, which are included in membership plans.
The service providers offer all services in terms of membership plan, that are cost effective and remain valid for a year and more. Different service providers have different terms and conditions which has influenced the Roadside Assistance Market . Also, app-driven services have increased offerings for these services and eliminated the stress and complexity of roadside assistance, leading to expansion of roadside assistance network coverage.
The factors that drive the Roadside Assistance Market growth is production of automobiles and increase in the number of aging vehicles, which have chances of breakdown or mechanical and electrical issues, increase in per capita income of consumers, reduction in vehicle loan interest rates, and easy availability of finance with customized financial schemes. Rise in the installation of app-based services has also propelled the growth of the market as these services offer reduction in response time for vehicle roadside assistance services. Extreme weather affects millions of drivers across the globe, this market has a huge scope of growth in icy and snowy terrain across several countries having dangerous and extreme driving conditions and high risk of road accidents. The major factors that restrain the market are the high cost of road side assistance vehicles and lack of infrastructure that results to connectivity issues in remote areas, where the assistance is mostly required. Â
The major companies profiled for the roadside assistance market share include ARC Europe SA, Viking Assistance Group AS, Falck A/S, Allianz Global Assistance, Allstate Insurance Company, AutoVantage, Best Roadside Service, Paragon Motor Club, Roadside Masters, Access Roadside Assistance, and others. These market players have implemented a number of strategies including partnership, expansion, collaboration, joint ventures, and others to heighten their status in the industry.
The roadside assistance market is segmented into service, provider, vehicle, and region. On the basis of service, it is categorized into Towing, tire replacement, fuel delivery, jump start/pull start, lockout/ replacement key service, winch, battery assistance, trip routing/ navigational assistance, and other mechanic services. By provider, the market is classified into auto manufacturer, motor insurance, independent warranty, and automotive clubs. On the basis of vehicle, it is bifurcated into Passenger Vehicle and Commercial Vehicle (LCV and HCV). By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
- This study comprises analytical depiction of the roadside assistance market with current trends and future estimations to depict the imminent investment pockets.
- The overall potential is determined to understand the profitable trends to gain a stronger foothold in roadside assistance industry.
- The roadside assistance market analysis report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- The current roadside assistance market forecast is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
ROADSIDE ASSISTANCE MARKET KEY SEGMENTS
By Service
- Towing
- Tire Replacement
- Fuel Delivery
- Jump Start/Pull Start
- Lockout/ Replacement Key Service
- Winch
- Battery Assistance
- Trip Routing/ Navigational Assistance
- Other Mechanic ServiceÂ
By Provider
- Auto Manufacturer
- Motor Insurance
- Independent Warranty
- Automotive ClubsÂ
By Vehicle
- Passenger Vehicle
- Commercial Vehicle (LCV and HCV)
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Spain
- Russia
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY MARKET PLAYERS PROFILEDÂ
- ARC Europe SA
- Viking Assistance Group AS
- Falck A/S
- Allianz Global Assistance
- Allstate Insurance Company
- AutoVantage
- Best Roadside Service
- Paragon Motor Club
- Roadside Masters
- Access Roadside Assistance
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
REQUEST TOC/SAMPLE
Purchase Full Report of
Roadside Assistance Market
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. Â T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.