United States

Vehicle Roadside Assistance Market Study 2023-2030: A Market Poised for Growth as Demand for Mobile Apps, In-Car Technology Integration, and Personalized Services Explodes

The global vehicle roadside assistance market is expected to approach US$ 29.4 billion by 2030, with an annual growth rate of more than 4.1%

Wilmington, Delaware, Nov. 19, 2023 (GLOBE NEWSWIRE) —

Global Vehicle Roadside Assistance Market: Segmental and Market Share Analysis

  • On the basis of service, battery assistance & jump start are anticipated to dominate the vehicle roadside assistance market.

Report Synopsis

Report Metrics Details
Base Year 2022
Forecast Period 2023-2030
Base Year Market Size US$ 22.2 billion
Market Size Forecast US$ 29.4 billion
Growth Rate 4.1%
Key Market Drivers
  • Rising vehicle ownership
  • Rising awareness associated with the use of vehicle roadside assistance services
  • Rising collaborations between insurance service providers and OEMs
Companies Profiled
  • Honk
  • Allstate Roadside Services
  • Better World Club
  • Agero, Inc.
  • Paragon Motor Club
  • National General Motor Club
  • Good Sam Roadside Assistance
  • AutoVantage
  • Viking Assistance Group
  • SOS International
  • Assurant, Inc.
  • RESCUE Vehicle Services Pvt. Ltd.
  • Emirates Insurance Co (PSC)
  • Chubb

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Competition Analysis and Market Structure

These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global vehicle roadside assistance market include,

  • In February 2021, Honk entered into a partnership agreement with Driver Technologies, wherein Honk was entrusted with the administration of a co-branded roadside assistance program for Driver Technologies.

Some of the prominent players and suppliers operating and contributing significantly to the global vehicle roadside assistance market growth include Honk, Allstate Roadside Services, Better World Club, Agero, Inc., Paragon Motor Club, National General Motor Club, Good Sam Roadside Assistance, AutoVantage, Viking Assistance Group, SOS International, Assurant, Inc., RESCUE Vehicle Services Pvt. Ltd., Emirates Insurance Co (PSC), and Chubb, among others.

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RationalStat has segmented the global vehicle roadside assistance market based on vehicle type, service, and region

  • Global Vehicle Roadside Assistance Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Vehicle Type
    • Passenger Vehicles
    • Commercial Vehicles
  • Global Vehicle Roadside Assistance Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Service
    • Towing
    • Tire Replacement
    • Fuel Delivery
    • Battery Assistance & Jump Start/Pull Start
    • Others (Battery Assistance, etc.)
  • Global Vehicle Roadside Assistance Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
    • North America Vehicle Roadside Assistance Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
      • US
      • Canada
    • Latin America Vehicle Roadside Assistance Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
      • Brazil
      • Mexico
      • Rest of Latin America
    • Western Europe Vehicle Roadside Assistance Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Benelux
      • Nordic
      • Rest of Western Europe
    • Eastern Europe Vehicle Roadside Assistance Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
      • Russia
      • Poland
      • Hungary
      • Other CIS Countries
      • Rest of Eastern Europe
    • Asia Pacific Vehicle Roadside Assistance Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
      • China
      • Japan
      • India
      • South Korea
      • Australia
      • ASEAN
        • Indonesia
        • Thailand
        • Philippines
        • Vietnam
        • Malaysia
        • Rest of ASEAN
      • Rest of Asia Pacific
    • Middle East & Africa Vehicle Roadside Assistance Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
      • GCC
        • Saudi Arabia (KSA)
        • United Arab Emirates (UAE)
        • Rest of the GCC
      • South Africa
      • Nigeria
      • Turkey
      • Rest of the Middle East & Africa

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Key Questions Answered in the Vehicle Roadside Assistance Report:

  • What will be the market value of the global vehicle roadside assistance market by 2030?
  • What is the market size of the global vehicle roadside assistance market?
  • What are the market drivers of the global vehicle roadside assistance market?
  • What are the key trends in the global vehicle roadside assistance market?
  • Which is the leading region in the global vehicle roadside assistance market?
  • What are the major companies operating in the global vehicle roadside assistance market?
  • What are the market shares by key segments in the global vehicle roadside assistance market?  

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Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:

  • Defining the problem by understanding the type of market and data required by the client.
  • Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
  • Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
  • Evaluating and analyzing the data by referring to data sources utilized and leveraged.
  • Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

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