The commercial auto insurance market accounted for XX million/billion US$ in 2022 and is projected to grow at a CAGR of XX% over the forecast period 2022-2030, to account for XX million/billion US$ in 2030.
Global commercial auto insurance market is segmented by region into North America, Europe, Asia Pacific, Middle East & Africa, South & Central America. The North America regional market is expected to grow with a CAGR of XX.X% and will reach XX million/billion US$ in 2015 from XX million/billion US$ in 2022.
Key players profiled in the Commercial Automobile Insurance Market research study include Majors:
PICC, Progressive Corporation, Ping An, AXA, Sompo Japan, Tokyo Marine, Travelers Group, Liberty Mutual Group, Zurich, CPIC, Nationwide, Mitsui Sumitomo Insurance, Aviva, Berkshire Hathaway, Old Republic International, Auto Owners Grp., Generali Group, MAPFRE, Chubb, AmTrust NGH
By TypeLiability InsurancePersonal Injury InsuranceOtherPersonal injury insurance dominated the commercial auto insurance market in 2019, which accounted for more than 66.8% market share.
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Since then, the main results of the commercial auto insurance market research reports highlight crucial progressive industry trends, this enables companies across the value chain to develop effective long-term strategies. Clients learn to understand a clear picture of competitors and can develop strategies and modify business expansion plans accordingly. The commercial auto insurance market research reports cover thousands of global players based on multiple metrics, such as company revenue, product portfolio, and geographic presence.
marketreports.info adheres to the Market Research Society and Strategic and Competitive Intelligence Professionals Codes of Practice. The following methodology was followed for the collection and analysis of the data presented in this report:
The Update Goal”marketreports.infois to ensure that it represents the most up-to-date view of the industry. Estimated revenues from all major companies, including private and government, are aggregated and used to prioritize coverage. Companies that are in the news or that have a particular interest in their innovative approach are given preference.
The commercial auto insurance research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to each commercial auto insurance market. Secondary research sources commonly referred to include, but are not limited to:
- Websites, annual reports, financial reports, broker reports and investor presentations related to commercial auto insurance
- Trade journals of the commercial auto insurance industry and other publications
- National government documents, statistical databases and market reports related to commercial auto insurance
- News articles, press releases and webcasts related to commercial auto insurance specific to companies operating in the market
REMARK: All financial data considered in the Company Profile section has been normalized to US dollars. This was achieved after converting the financial statements (for those not in US dollars) with the respective exchange rates for the year in question.
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“marketreports.info” conducts hundreds of primary interviews a year with industry participants and commentators to validate its data and analysis. A typical commercial auto insurance research interview performs the following functions:
- Provides first-hand information on Commercial Automobile Insurance market size, market trends, growth trends, competitive landscape and future prospects
- The Commercial Automobile Insurance Marketplace Validates and Reinforces Secondary Research Findings
- Commercial auto insurance market further develop analysis team expertise and market understanding
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Primary research involves email interactions and telephone interviews for each commercial auto insurance market, category, segment and sub-segment across all geographies. Participants who typically take part in such a process include, but are not limited to:
- Commercial auto insurance industry participants: VPs, Business Development Managers, Market Intelligence Managers and National Sales Managers
- External experts in commercial auto insurance: Valuation experts, research analysts and key opinion leaders specializing in the industry
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