Extended Warranty Market in US 2022-2026

Description

List of Tables

Technavio has been monitoring the extended warranty market in the US and it is poised to grow by $12.61 bn during 2022-2026, accelerating at a CAGR of 4.55% during the forecast period. Our report on the extended warranty market in the US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current country's market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high demand for household appliances, high demand for an extended warranty from the automobile industry, and uncertain catastrophic events leading to the increased need for extended warranties.

The extended warranty market in the US analysis includes the device and end-user segment and geographic landscape.

Technavio's extended warranty market in the US is segmented as below:

By Device

Automotive
Consumer electronics
Home appliances
Mobile devices and PCs
Others

By End-user

Businesses
Individuals

This study identifies the expansion of service by the vendors as one of the prime reasons driving the extended warranty market growth in US during the next few years. Also, the integration of it and analytic solutions and the emergence of a digital marketing platform will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the extended warranty market in the US covers the following areas:

Extended warranty market sizing
Extended warranty market forecast
Extended warranty market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading extended warranty market vendors in the US that include Allianz Group, American International Group Inc., AmTrust Financial Services Inc., Assurant Inc., Asurion LLC, AXA Group, Carchex LLC, Chubb Ltd., Endurance Warranty Services LLC, and The Allstate Corp. Also, the extended warranty market in the US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR74473

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Device
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 11: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 12: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 13: Chart on US: Year-over-year growth 2021-2026 (%)
Exhibit 14: Data Table on US: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary
Exhibit 15: Five forces analysis - Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 16: Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 17: Bargaining power of suppliers - Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 18: Threat of new entrants - Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 19: Threat of substitutes - Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 20: Threat of rivalry - Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 21: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Device

5.1 Market segments
Exhibit 22: Chart on Device - Market share 2021-2026 (%)
Exhibit 23: Data Table on Device - Market share 2021-2026 (%)
5.2 Comparison by Device
Exhibit 24: Chart on Comparison by Device
Exhibit 25: Data Table on Comparison by Device
5.3 Automobile - Market size and forecast 2021-2026
Exhibit 26: Chart on Automobile - Market size and forecast 2021-2026 ($ million)
Exhibit 27: Data Table on Automobile - Market size and forecast 2021-2026 ($ million)
Exhibit 28: Chart on Automobile - Year-over-year growth 2021-2026 (%)
Exhibit 29: Data Table on Automobile - Year-over-year growth 2021-2026 (%)
5.4 Consumer electronics - Market size and forecast 2021-2026
Exhibit 30: Chart on Consumer electronics - Market size and forecast 2021-2026 ($ million)
Exhibit 31: Data Table on Consumer electronics - Market size and forecast 2021-2026 ($ million)
Exhibit 32: Chart on Consumer electronics - Year-over-year growth 2021-2026 (%)
Exhibit 33: Data Table on Consumer electronics - Year-over-year growth 2021-2026 (%)
5.5 Home appliances - Market size and forecast 2021-2026
Exhibit 34: Chart on Home appliances - Market size and forecast 2021-2026 ($ million)
Exhibit 35: Data Table on Home appliances - Market size and forecast 2021-2026 ($ million)
Exhibit 36: Chart on Home appliances - Year-over-year growth 2021-2026 (%)
Exhibit 37: Data Table on Home appliances - Year-over-year growth 2021-2026 (%)
5.6 Mobile devices and PCs - Market size and forecast 2021-2026
Exhibit 38: Chart on Mobile devices and PCs - Market size and forecast 2021-2026 ($ million)
Exhibit 39: Data Table on Mobile devices and PCs - Market size and forecast 2021-2026 ($ million)
Exhibit 40: Chart on Mobile devices and PCs - Year-over-year growth 2021-2026 (%)
Exhibit 41: Data Table on Mobile devices and PCs - Year-over-year growth 2021-2026 (%)
5.7 Others - Market size and forecast 2021-2026
Exhibit 42: Chart on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on Others - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on Others - Year-over-year growth 2021-2026 (%)
5.8 Market opportunity by Device
Exhibit 46: Market opportunity by Device ($ million)

6 Market Segmentation by End-user

6.1 Market segments
Exhibit 47: Chart on End-user - Market share 2021-2026 (%)
Exhibit 48: Data Table on End-user - Market share 2021-2026 (%)
6.2 Comparison by End-user
Exhibit 49: Chart on Comparison by End-user
Exhibit 50: Data Table on Comparison by End-user
6.3 Businesses - Market size and forecast 2021-2026
Exhibit 51: Chart on Businesses - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Data Table on Businesses - Market size and forecast 2021-2026 ($ million)
Exhibit 53: Chart on Businesses - Year-over-year growth 2021-2026 (%)
Exhibit 54: Data Table on Businesses - Year-over-year growth 2021-2026 (%)
6.4 Individuals - Market size and forecast 2021-2026
Exhibit 55: Chart on Individuals - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Data Table on Individuals - Market size and forecast 2021-2026 ($ million)
Exhibit 57: Chart on Individuals - Year-over-year growth 2021-2026 (%)
Exhibit 58: Data Table on Individuals - Year-over-year growth 2021-2026 (%)
6.5 Market opportunity by End-user
Exhibit 59: Market opportunity by End-user ($ million)

7 Customer Landscape

7.1 Customer landscape overview
Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Drivers, Challenges, and Trends

8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 61: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends

9 Vendor Landscape

9.1 Overview
9.2 Vendor landscape
Exhibit 62: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 63: Overview on factors of disruption
9.4 Industry risks
Exhibit 64: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered
Exhibit 65: Vendors covered
10.2 Market positioning of vendors
Exhibit 66: Matrix on vendor position and classification
10.3 Allianz Group
Exhibit 67: Allianz Group - Overview
Exhibit 68: Allianz Group - Business segments
Exhibit 69: Allianz Group - Key news
Exhibit 70: Allianz Group - Key offerings
Exhibit 71: Allianz Group - Segment focus
10.4 American International Group Inc.
Exhibit 72: American International Group Inc. - Overview
Exhibit 73: American International Group Inc. - Business segments
Exhibit 74: American International Group Inc. - Key news
Exhibit 75: American International Group Inc. - Key offerings
Exhibit 76: American International Group Inc. - Segment focus
10.5 AmTrust Financial Services Inc.
Exhibit 77: AmTrust Financial Services Inc. - Overview
Exhibit 78: AmTrust Financial Services Inc. - Product / Service
Exhibit 79: AmTrust Financial Services Inc. - Key news
Exhibit 80: AmTrust Financial Services Inc. - Key offerings
10.6 Assurant Inc.
Exhibit 81: Assurant Inc. - Overview
Exhibit 82: Assurant Inc. - Business segments
Exhibit 83: Assurant Inc. - Key offerings
Exhibit 84: Assurant Inc. - Segment focus
10.7 Asurion LLC
Exhibit 85: Asurion LLC - Overview
Exhibit 86: Asurion LLC - Product / Service
Exhibit 87: Asurion LLC - Key offerings
10.8 AXA Group
Exhibit 88: AXA Group - Overview
Exhibit 89: AXA Group - Business segments
Exhibit 90: AXA Group - Key offerings
Exhibit 91: AXA Group - Segment focus
10.9 Carchex LLC
Exhibit 92: Carchex LLC - Overview
Exhibit 93: Carchex LLC - Product / Service
Exhibit 94: Carchex LLC - Key offerings
10.10 Chubb Ltd.
Exhibit 95: Chubb Ltd. - Overview
Exhibit 96: Chubb Ltd. - Business segments
Exhibit 97: Chubb Ltd. - Key news
Exhibit 98: Chubb Ltd. - Key offerings
Exhibit 99: Chubb Ltd. - Segment focus
10.11 Endurance Warranty Services LLC
Exhibit 100: Endurance Warranty Services LLC - Overview
Exhibit 101: Endurance Warranty Services LLC - Product / Service
Exhibit 102: Endurance Warranty Services LLC - Key offerings
10.12 The Allstate Corp.
Exhibit 103: The Allstate Corp. - Overview
Exhibit 104: The Allstate Corp. - Business segments
Exhibit 105: The Allstate Corp. - Key offerings
Exhibit 106: The Allstate Corp. - Segment focus

11 Appendix

11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 107: Inclusions checklist
Exhibit 108: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 109: Currency conversion rates for US$
11.4 Research methodology
Exhibit 110: Research methodology
Exhibit 111: Validation techniques employed for market sizing
Exhibit 112: Information sources
11.5 List of abbreviations
Exhibit 113: List of abbreviations