As the global economy mends, the 2021 growth of Commercial Auto Insurance will have significant change from previous year. According to our (LP Information) latest study, the global Commercial Auto Insurance market size is USD million in 2022 from USD 138000 million in 2021, with a change of % between 2021 and 2022. The global Commercial Auto Insurance market size will reach USD 217900 million in 2028, growing at a CAGR of 6.7% over the analysis period.
The United States Commercial Auto Insurance market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Commercial Auto Insurance market, reaching US$ million by the year 2028. As for the Europe Commercial Auto Insurance landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Commercial Auto Insurance players cover PICC, Progressive Corporation, Ping An, and AXA, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Commercial Auto Insurance market by product type, application, key players and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.
Liability Insurance
Physical Damage Insurance
Others
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.
Passenger Car
Commercial Vehicle
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
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