Report overview
A two wheeler insurance plan basically covers any damage that a two-wheeler may incur in the event of an accident, natural disaster, or theft. Two wheeler insurance policy gives security against losses resulting from injuries to the rider or passenger as well as third parties, based on the type of policy purchased by an individual. Normally, the insurance plan comes together with new two-wheelers, where expenses of insurance is applied on the price of vehicle.
This report aims to provide a comprehensive presentation of the global market for Two Wheeler Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Two Wheeler Insurance. This report contains market size and forecasts of Two Wheeler Insurance in global, including the following market information:
Global Two Wheeler Insurance Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Two Wheeler Insurance market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Third Party Insurance Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Two Wheeler Insurance include ETA Services Ltd, Evans Insurance Brokers Ltd, HDFC ERGO General Insurance Company Limited, National Insurance Company Limited, Bajaj Allianz General Insurance, Universal Sompo General Insurance Co.Ltd, Liberty General Insurance Limited, ICICI Lombard GIC Ltd and Progressive Casualty Insurance Company, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Two Wheeler Insurance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Two Wheeler Insurance Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Two Wheeler Insurance Market Segment Percentages, by Type, 2022 (%)
Third Party Insurance
Comprehensive Insurance
Distributor
Global Two Wheeler Insurance Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Two Wheeler Insurance Market Segment Percentages, by Application, 2022 (%)
Online
Offline
Global Two Wheeler Insurance Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Two Wheeler Insurance Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Two Wheeler Insurance revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Two Wheeler Insurance revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ETA Services Ltd
Evans Insurance Brokers Ltd
HDFC ERGO General Insurance Company Limited
National Insurance Company Limited
Bajaj Allianz General Insurance
Universal Sompo General Insurance Co.Ltd
Liberty General Insurance Limited
ICICI Lombard GIC Ltd
Progressive Casualty Insurance Company
Outline of Major Chapters:
Chapter 1: Introduces the definition of Two Wheeler Insurance, market overview.
Chapter 2: Global Two Wheeler Insurance market size in revenue.
Chapter 3: Detailed analysis of Two Wheeler Insurance company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Two Wheeler Insurance in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
