Extended Warranty refers to any extension of manufacturer's warranty offered at the point of sale of products. It is also known as service contract/ agreement and the cover only commences on completion of the original warranty.
According to our (Global Info Research) latest study, the global Extended Warranty Service market size was valued at USD 103120 million in 2022 and is forecast to a readjusted size of USD 152430 million by 2029 with a CAGR of 5.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The market for Extended Warranty Service is relatively fragment, the major players including Asurion, American International Group (AIG), Assurant, Allstate (SquareTrade), Amtrust, American Home Shield, Ally Financial, Allianz Global Assistance, Automobile Protection Corporation (APCO) , Endurance Warranty Services, CarShield, CARCHEX, Corporate Warranties India and so on. The top 5 players, namely Asurion, American International Group (AIG), Assurant, Allstate (SquareTrade) and Amtrust, account for more than 17% global market share in value in 2019.
This report is a detailed and comprehensive analysis for global Extended Warranty Service market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Extended Warranty Service market size and forecasts, in consumption value ($ Million), 2018-2029
Global Extended Warranty Service market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Extended Warranty Service market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global Extended Warranty Service market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Extended Warranty Service
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Extended Warranty Service market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Asurion, American International Group (AIG), Assurant, Allstate (SquareTrade) and Amtrust, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
Extended Warranty Service market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Standard Protection Plan
Accidental Protection Plan
Market segment by Application
Automobile
Consumer Electronics
Home Appliances
Others
Market segment by players, this report covers
Asurion
American International Group (AIG)
Assurant
Allstate (SquareTrade)
Amtrust
American Home Shield
Ally Financial
Allianz Global Assistance
Automobile Protection Corporation (APCO)
Endurance Warranty Services
CarShield
CARCHEX
Corporate Warranties India
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Extended Warranty Service product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Extended Warranty Service, with revenue, gross margin and global market share of Extended Warranty Service from 2018 to 2023.
Chapter 3, the Extended Warranty Service competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Extended Warranty Service market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Extended Warranty Service.
Chapter 13, to describe Extended Warranty Service research findings and conclusion.
Summary:
Get latest Market Research Reports on Extended Warranty Service. Industry analysis & Market Report on Extended Warranty Service is a syndicated market report, published as Global Extended Warranty Service Market 2023 by Company, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Extended Warranty Service market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.