Feb 24, 2020 (Xherald via COMTEX) -- Global Commercial Auto Insurance Market, delivering a must-read report for industry stakeholders wanting to understand the strategic landscape of this burgeoning sector. Readers will find an in-depth analysis of the Commercial Auto Insurance market and how it will impact existing traditional markets, as well as insights into future development and opportunities across the globe.
MarketInsightsReports has announced the addition of the "Global Commercial Auto Insurance Market Research Report" The report focuses on global major leading players with information such as company profiles, product picture and specification.
According to this study, over the next five years the Commercial Auto Insurance market will register a 6.7% CAGR in terms of revenue, the global market size will reach $ 158780 million by 2025, from $ 122310 million in 2019.
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PICC, China Pacific Insurance (Group) Co., Ltd., The Progressive Corporation /zigman2/quotes/202480455/composite PGR +3.90% , Axa SA (epa:CS), Sompo Japan, Ping An Insurance (sha:601318), Liberty Mutual Group, Tokyo Marine, Zurich, Travelers Companies Inc /zigman2/quotes/206313935/composite TRV +5.39% , Auto Owners Grp., MAPFRE SA (bme:MAP), Generali Group, Nationwide, Berkshire Hathaway /zigman2/quotes/208872451/composite BRK.A +4.53% , Aviva plc /zigman2/quotes/206482110/delayed AIVAF +5.99% , AmTrust NGH, Old Republic International Corporation /zigman2/quotes/204736448/composite ORI +6.74% , Mitsui Sumitomo Insurance, Chubb, request free sample for complete list of companies.
The leading players of Commercial Auto Insurance industry, their market share, product portfolio, company profiles are covered in this report. The competitive market scenario among Commercial Auto Insurance players will help the industry aspirants in planning their strategies.
Commercial Auto Insurance Market Segmentation by types, Applications and regions:
Commercial Auto Insurance Market Segment by Type covers:
Physical Damage Insurance
Physical damage insurance dominated the commercial auto insurance market in 2018, which accounted for over 66% market share.
Commercial Auto Insurance Market Segmented by Applications:
Commercial vehicle holds an important share in terms of applications with a market share of near 70% in 2018.
Market Segment by Regions:
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
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These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis using segmentation by providing precise results on industry-related markets.
The report also analyzed the evolution of industry trends. Several macroeconomic factors such as Gross domestic product (GDP) and the increasing inflation rate is expected to affect directly or indirectly in the development of the industry.
The study objectives are: