Global Vehicle Roadside Assistance Market Size, Trends, by Vehicle Type (Passenger Vehicle, and Commercial Vehicle), By Service (Towing, Tire Replacement, Fuel Delivery, Jump Start/Pull Start, Lockout/Replacement Key Services, Winch, Battery Assistance, Trip Routing/ National Assistance and Others), By Propulsion (IC Engine, and Electric), By Service Provider (Auto Manufacturers, Motor Insurance, Independent Warranty and Automotive Clubs): Global Opportunity Analysis and Industry Forecast, 2024-2030.
Report ID : IR1001029 | Industries : Automotive and Transportation | Published On :June 2024 | Page Count : 238
Global Vehicle Roadside Assistance Market Size, Trends, by Vehicle Type (Passenger Vehicle, and Commercial Vehicle), By Service (Towing, Tire Replacement, Fuel Delivery, Jump Start/Pull Start, Lockout/Replacement Key Services, Winch, Battery Assistance, Trip Routing/ National Assistance and Others), By Propulsion (IC Engine, and Electric), By Service Provider (Auto Manufacturers, Motor Insurance, Independent Warranty and Automotive Clubs): Global Opportunity Analysis and Industry Forecast, 2024-2030.
Global Vehicle Roadside Assistance Market
Global Vehicle Roadside Assistance was valued at US$ 25,844.57 Mn in 2023, estimated to reach US$ 42,224.67 Mn by 2030, with a CAGR of 6.34% from 2024-2030.
Vehicle Roadside Assistance is a service designed to help drivers when their vehicle experiences a breakdown or other issues while on the road. This service typically includes towing, battery jump-starts, tire changes, fuel delivery, and lockout assistance. Available 24/7, roadside assistance aims to provide immediate help, ensuring that drivers can get back on the road quickly or have their vehicle safely transported to a repair facility. Many car insurance policies, vehicle manufacturers, and third-party providers offer this service, providing peace of mind to drivers by reducing the stress and inconvenience associated with vehicle problems.
Market Drivers
An increasing number of people owning cars means that there is a wider market for roadside assistance services. Owning a car increases the likelihood that an individual, family, company, or organization will need roadside assistance services in order to be ready for emergencies or unplanned breakdowns.
The number of roadside mishaps like flat tires, breakdowns, lockouts, and accidents rises as more cars are driven. The need for roadside assistance services has increased in tandem with the rise in roadside mishaps, as vehicle owners seek prompt support to handle these circumstances.
A growing number of people are driving a variety of vehicles, such as trucks, motorbikes, passenger cars, commercial vehicles, and specialty vehicles. Because different kinds of roadside assistance services may be needed for different kinds of vehicles, roadside help providers offer a wider range of services.
Market Restraints
Increased insurance costs can put a strain on a person's finances, particularly for those with limited resources or fixed incomes. Rising prices may compel customers to make tough choices about their insurance plans, sometimes forcing them to forgo extras like roadside help in order to save money.
Some customers may find it more and more difficult to afford full insurance coverage with roadside assistance as premiums climb. Because of this decreased cost, customers may become more frustrated and financially burdened if they are left defenseless in the event of an unforeseen roadside emergency and do not receive sufficient support.
Increased insurance premiums can have a detrimental effect on customer satisfaction, especially if customers believe the charges are excessive or not worth the benefits. Customers who aren't happy can vent their resentment by leaving bad reviews, filing complaints, or even taking legal action, which can harm insurance businesses' credibility and reputation.
Market Segmentation
The scope of the Global Vehicle Roadside Assistance Market covers segmentation on the basis of Vehicle Type, Propulsion Type, Service, Service Provider, and Regions.
By Vehicle Type, the market is segmented into Passenger Vehicle, and Commercial Vehicle.
By Service, the market is segmented into Towing, Tire Replacement, Fuel Delivery, Jump Start/Pull Start, Lockout/Replacement Key Services, Winch, Battery Assistance, Trip Routing/ National Assistance and Others.
By Propulsion Type, the market is segmented into IC Engine, and Electric.
Further, the market is segmented into Service Provider such as Auto Manufacturers, Motor Insurance, Independent Warranty and Automotive Club.
Regional Analysis
The global Vehicle Roadside Assistance Market is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Europe is expected to hold the largest share due to increasing vehicle ownership, stringent safety regulations, and rising demand for hassle-free travel experiences. Additionally, advancements in telematics and connectivity services enhance the efficiency and reach of roadside assistance programs, driving market growth in the region.
The market in North America is expected to grow due to high vehicle ownership, extensive road networks, and increasing adoption of advanced roadside assistance technologies.
Key Players
Viking Assistance Group AS, Access Roadside Assistance, AutoVantage, Paragon Motor Club, Allstate Insurance Company, ARC Europe SA, Allianz Global Assistance, Assurant Inc, Falck A/S etc.
Market Taxonomy
By Vehicle Type
• Passenger Vehicle
o Hatchback
o Sedan
o Utility Vehicle
• Commercial Vehicle
o Light Commercial Vehicle
o Heavy Commercial Vehicle
By Service
• Towing
• Tire Replacement
• Fuel Delivery
• Jump Start/Pull Start
• Lockout/Replacement Key Services
• Winch
• Battery Assistance
• Trip Routing/ National Assistance
• Others
By Propulsion
• IC Engine
o Diesel
o Gasoline
• Electric
o Battery Electric
o Hybrid Electric
By Service Provider
• Auto Manufacturers
• Motor Insurance
• Independent Warranty
• Automotive Clubs
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Global Vehicle Roadside Assistance Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Vehicle Roadside Assistance Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Vehicle Roadside Assistance Market, By Vehicle Type
5.1 Y-o-Y Growth Comparison, By Vehicle Type
5.2 Global Vehicle Roadside Assistance Market Share Analysis, By Vehicle Type
5.3 Global Vehicle Roadside Assistance Market Size and Forecast, By Vehicle Type
5.3.1 Passenger Vehicle
5.3.1.1 Hatchback
5.3.1.2 Sedan
5.3.1.3 Utility Vehicle
5.3.2 Commercial Vehicle
5.3.2.1 Light Commercial Vehicle
5.3.2.2 Heavy Commercial Vehicle
6 Global Vehicle Roadside Assistance Market, By Service
6.1 Y-o-Y Growth Comparison, By Service
6.2 Global Vehicle Roadside Assistance Market Share Analysis, By Service
6.3 Global Vehicle Roadside Assistance Market Size and Forecast, By Service
6.3.1 Towing
6.3.2 Tire Replacement
6.3.3 Fuel Delivery
6.3.4 Jump Start/Pull Start
6.3.5 Lockout/Replacement Key Services
6.3.6 Winch
6.3.7 Battery Assistance
6.3.8 Trip Routing/ National Assistance
6.3.9 Others
7 Global Vehicle Roadside Assistance Market, By Propulsion
7.1 Y-o-Y Growth Comparison, By Propulsion
7.2 Global Vehicle Roadside Assistance Market Share Analysis, By Propulsion
7.3 Global Vehicle Roadside Assistance Market Size and Forecast, By Propulsion
7.3.1 IC Engine
7.3.1.1 Diesel
7.3.1.2 Gasoline
7.3.2 Electric
7.3.2.1 Battery Electric
7.3.2.2 Hybrid Electric
8 Global Vehicle Roadside Assistance Market, By Service Provider
8.1 Y-o-Y Growth Comparison, By Service Provider
8.2 Global Vehicle Roadside Assistance Market Share Analysis, By Service Provider
8.3 Global Vehicle Roadside Assistance Market Size and Forecast, By Service Provider
8.3.1 Auto Manufacturers
8.3.2 Motor Insurance
8.3.3 Independent Warranty
8.3.4 Automotive Clubs
9 Global Vehicle Roadside Assistance Market, By Region
9.1 Global Vehicle Roadside Assistance Market Share Analysis, By Region
9.2 Global Vehicle Roadside Assistance Market Size and Forecast, By Region
9.3 Global Vehicle Roadside Assistance Market Trends and Forecast, By Region
10 North America Vehicle Roadside Assistance Market Analysis and Forecast (2024-2030)
10.1 Introduction
10.2 North America Vehicle Roadside Assistance Market Size and Forecast, By Vehicle Type
10.3 North America Vehicle Roadside Assistance Market Size and Forecast, By Service
10.4 North America Vehicle Roadside Assistance Market Size and Forecast, By Propulsion
10.5 North America Vehicle Roadside Assistance Market Size and Forecast, By Service Provider
10.6 North America Vehicle Roadside Assistance Market Size and Forecast, By Country
10.6.1 U.S.
10.6.1.1 Market Size and Forecast, By Vehicle Type
10.6.1.2 Market Size and Forecast, By Service
10.6.1.3 Market Size and Forecast, By Propulsion
10.6.1.4 Market Size and Forecast, By Service Provider
10.6.2 Canada
10.6.2.1 Market Size and Forecast, By Vehicle Type
10.6.2.2 Market Size and Forecast, By Service
10.6.2.3 Market Size and Forecast, By Propulsion
10.6.2.4 Market Size and Forecast, By Service Provider
10.6.3 Mexico
10.6.3.1 Market Size and Forecast, By Vehicle Type
10.6.3.2 Market Size and Forecast, By Service
10.6.3.3 Market Size and Forecast, By Propulsion
10.6.3.4 Market Size and Forecast, By Service Provider
11 Europe Vehicle Roadside Assistance Market Analysis and Forecast (2024-2030)
11.1 Introduction
11.2 Europe Vehicle Roadside Assistance Market Size and Forecast, By Vehicle Type
11.3 Europe Vehicle Roadside Assistance Market Size and Forecast, By Service
11.4 Europe Vehicle Roadside Assistance Market Size and Forecast, By Propulsion
11.5 Europe Vehicle Roadside Assistance Market Size and Forecast, By Service Provider
11.6 Europe Vehicle Roadside Assistance Market Size and Forecast, By Country
11.6.1 Germany
11.6.1.1 Market Size and Forecast, By Vehicle Type
11.6.1.2 Market Size and Forecast, By Service
11.6.1.3 Market Size and Forecast, By Propulsion
11.6.1.4 Market Size and Forecast, By Service Provider
11.6.2 France
11.6.2.1 Market Size and Forecast, By Vehicle Type
11.6.2.2 Market Size and Forecast, By Service
11.6.2.3 Market Size and Forecast, By Propulsion
11.6.2.4 Market Size and Forecast, By Service Provider
11.6.3 UK
11.6.3.1 Market Size and Forecast, By Vehicle Type
11.6.3.2 Market Size and Forecast, By Service
11.6.3.3 Market Size and Forecast, By Propulsion
11.6.3.4 Market Size and Forecast, By Service Provider
11.6.4 Russia
11.6.4.1 Market Size and Forecast, By Vehicle Type
11.6.4.2 Market Size and Forecast, By Service
11.6.4.3 Market Size and Forecast, By Propulsion
11.6.4.4 Market Size and Forecast, By Service Provider
11.6.5 Italy
11.6.5.1 Market Size and Forecast, By Vehicle Type
11.6.5.2 Market Size and Forecast, By Service
11.6.5.3 Market Size and Forecast, By Propulsion
11.6.5.4 Market Size and Forecast, By Service Provider
11.6.6 Spain
11.6.6.1 Market Size and Forecast, By Vehicle Type
11.6.6.2 Market Size and Forecast, By Service
11.6.6.3 Market Size and Forecast, By Propulsion
11.6.6.4 Market Size and Forecast, By Service Provider
11.6.7 Rest of Europe
11.6.7.1 Market Size and Forecast, By Vehicle Type
11.6.7.2 Market Size and Forecast, By Service
11.6.7.3 Market Size and Forecast, By Propulsion
11.6.7.4 Market Size and Forecast, By Service Provider
12 Asia Pacific Vehicle Roadside Assistance Market Analysis and Forecast (2024-2030)
12.1 Introduction
12.2 Asia Pacific Vehicle Roadside Assistance Market Size and Forecast, By Vehicle Type
12.3 Asia Pacific Vehicle Roadside Assistance Market Size and Forecast, By Service
12.4 Asia Pacific Vehicle Roadside Assistance Market Size and Forecast, By Propulsion
12.5 Asia Pacific Vehicle Roadside Assistance Market Size and Forecast, By Service Provider
12.6 Asia Pacific Vehicle Roadside Assistance Market Size and Forecast, By Country
12.6.1 China
12.6.1.1 Market Size and Forecast, By Vehicle Type
12.6.1.2 Market Size and Forecast, By Service
12.6.1.3 Market Size and Forecast, By Propulsion
12.6.1.4 Market Size and Forecast, By Service Provider
12.6.2 Japan
12.6.2.1 Market Size and Forecast, By Vehicle Type
12.6.2.2 Market Size and Forecast, By Service
12.6.2.3 Market Size and Forecast, By Propulsion
12.6.2.4 Market Size and Forecast, By Service Provider
12.6.3 India
12.6.3.1 Market Size and Forecast, By Vehicle Type
12.6.3.2 Market Size and Forecast, By Service
12.6.3.3 Market Size and Forecast, By Propulsion
12.6.3.4 Market Size and Forecast, By Service Provider
12.6.4 South Korea
12.6.4.1 Market Size and Forecast, By Vehicle Type
12.6.4.2 Market Size and Forecast, By Service
12.6.4.3 Market Size and Forecast, By Propulsion
12.6.4.4 Market Size and Forecast, By Service Provider
12.6.5 Australia
12.6.5.1 Market Size and Forecast, By Vehicle Type
12.6.5.2 Market Size and Forecast, By Service
12.6.5.3 Market Size and Forecast, By Propulsion
12.6.5.4 Market Size and Forecast, By Service Provider
12.6.6 New Zealand
12.6.6.1 Market Size and Forecast, By Vehicle Type
12.6.6.2 Market Size and Forecast, By Service
12.6.6.3 Market Size and Forecast, By Propulsion
12.6.6.4 Market Size and Forecast, By Service Provider
12.6.7 Singapore
12.6.7.1 Market Size and Forecast, By Vehicle Type
12.6.7.2 Market Size and Forecast, By Service
12.6.7.3 Market Size and Forecast, By Propulsion
12.6.7.4 Market Size and Forecast, By Service Provider
12.6.8 Malaysia
12.6.8.1 Market Size and Forecast, By Vehicle Type
12.6.8.2 Market Size and Forecast, By Service
12.6.8.3 Market Size and Forecast, By Propulsion
12.6.8.4 Market Size and Forecast, By Service Provider
12.6.9 Rest of Asia
12.6.9.1 Market Size and Forecast, By Vehicle Type
12.6.9.2 Market Size and Forecast, By Service
12.6.9.3 Market Size and Forecast, By Propulsion
12.6.9.4 Market Size and Forecast, By Service Provider
13 Latin America Vehicle Roadside Assistance Market Analysis and Forecast (2024-2030)
13.1 Introduction
13.2 Latin America Vehicle Roadside Assistance Market Size and Forecast, By Vehicle Type
13.3 Latin America Vehicle Roadside Assistance Market Size and Forecast, By Service
13.4 Latin America Vehicle Roadside Assistance Market Size and Forecast, By Propulsion
13.5 Latin America Vehicle Roadside Assistance Market Size and Forecast, By Service Provider
13.6 Latin America Vehicle Roadside Assistance Market Size and Forecast, By Country
13.6.1 Brazil
13.6.1.1 Market Size and Forecast, By Vehicle Type
13.6.1.2 Market Size and Forecast, By Service
13.6.1.3 Market Size and Forecast, By Propulsion
13.6.1.4 Market Size and Forecast, By Service Provider
13.6.2 Argentina
13.6.2.1 Market Size and Forecast, By Vehicle Type
13.6.2.2 Market Size and Forecast, By Service
13.6.2.3 Market Size and Forecast, By Propulsion
13.6.2.4 Market Size and Forecast, By Service Provider
13.6.3 Colombia
13.6.3.1 Market Size and Forecast, By Vehicle Type
13.6.3.2 Market Size and Forecast, By Service
13.6.3.3 Market Size and Forecast, By Propulsion
13.6.3.4 Market Size and Forecast, By Service Provider
13.6.4 Peru
13.6.4.1 Market Size and Forecast, By Vehicle Type
13.6.4.2 Market Size and Forecast, By Service
13.6.4.3 Market Size and Forecast, By Propulsion
13.6.4.4 Market Size and Forecast, By Service Provider
13.6.5 Chile
13.6.5.1 Market Size and Forecast, By Vehicle Type
13.6.5.2 Market Size and Forecast, By Service
13.6.5.3 Market Size and Forecast, By Propulsion
13.6.5.4 Market Size and Forecast, By Service Provider
13.6.6 Venezuela
13.6.6.1 Market Size and Forecast, By Vehicle Type
13.6.6.2 Market Size and Forecast, By Service
13.6.6.3 Market Size and Forecast, By Propulsion
13.6.6.4 Market Size and Forecast, By Service Provider
13.6.7 Rest of Latin America
13.6.7.1 Market Size and Forecast, By Vehicle Type
13.6.7.2 Market Size and Forecast, By Service
13.6.7.3 Market Size and Forecast, By Propulsion
13.6.7.4 Market Size and Forecast, By Service Provider
14 Middle East Vehicle Roadside Assistance Market Analysis and Forecast (2024-2030)
14.1 Introduction
14.2 Middle East Vehicle Roadside Assistance Market Size and Forecast, By Vehicle Type
14.3 Middle East Vehicle Roadside Assistance Market Size and Forecast, By Service
14.4 Middle East Vehicle Roadside Assistance Market Size and Forecast, By Propulsion
14.5 Middle East Vehicle Roadside Assistance Market Size and Forecast, By Service Provider
14.6 Middle East Vehicle Roadside Assistance Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.1.1 Market Size and Forecast, By Vehicle Type
14.6.1.2 Market Size and Forecast, By Service
14.6.1.3 Market Size and Forecast, By Propulsion
14.6.1.4 Market Size and Forecast, By Service Provider
14.6.2 UAE
14.6.2.1 Market Size and Forecast, By Vehicle Type
14.6.2.2 Market Size and Forecast, By Service
14.6.2.3 Market Size and Forecast, By Propulsion
14.6.2.4 Market Size and Forecast, By Service Provider
14.6.3 Egypt
14.6.3.1 Market Size and Forecast, By Vehicle Type
14.6.3.2 Market Size and Forecast, By Service
14.6.3.3 Market Size and Forecast, By Propulsion
14.6.3.4 Market Size and Forecast, By Service Provider
14.6.4 Kuwait
14.6.4.1 Market Size and Forecast, By Vehicle Type
14.6.4.2 Market Size and Forecast, By Service
14.6.4.3 Market Size and Forecast, By Propulsion
14.6.4.4 Market Size and Forecast, By Service Provider
14.6.5 South Africa
14.6.5.1 Market Size and Forecast, By Vehicle Type
14.6.5.2 Market Size and Forecast, By Service
14.6.5.3 Market Size and Forecast, By Propulsion
14.6.5.4 Market Size and Forecast, By Service Provider
14.6.6 Rest of Middle East & Africa
14.6.6.1 Market Size and Forecast, By Vehicle Type
14.6.6.2 Market Size and Forecast, By Service
14.6.6.3 Market Size and Forecast, By Propulsion
14.6.6.4 Market Size and Forecast, By Service Provider
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Viking Assistance Group AS
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Access Roadside Assistance
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 AutoVantage
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Paragon Motor Club
16.4.1 Overview
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Allstate Insurance Company
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 ARC Europe SA
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Allianz Global Assistance
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Assurant Inc
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Falck A/S
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.12.6 Key Strategies