PUBLISHER: KBV Research | PRODUCT CODE: 1429173
PUBLISHER: KBV Research | PRODUCT CODE: 1429173
Asia Pacific Roadside Assistance Market Size, Share & Trends Analysis Report By Service, By Vehicle, By Provider, By Country and Growth Forecast, 2023 - 2030
The Asia Pacific Roadside Assistance Market would witness market growth of 5.6% CAGR during the forecast period (2023-2030).
The roadside assistance market stands as a guardian, offering a diverse array of essential services tailored to the needs of drivers in distress. From the stalwart tow trucks that arrive as saviors in the wake of vehicular maladies to the adept technicians equipped to jump-start a lifeless battery, this industry is a reassuring presence in times of automotive crises. Furthermore, collaborations between automotive manufacturers and roadside assistance services are transforming the landscape, extending complementary or enhanced customer support as part of vehicle purchase or warranty programs. This symbiotic relationship ensures that drivers acquire a vehicle and gain access to a safety net woven into their ownership experience.
Furthermore, the market is dynamic. There are a lot of emerging trends that are shaping the future of the market. With the increasing adoption of electric vehicles, roadside assistance services are adapting to cater specifically to the needs of EV drivers. This includes EV battery charging, specialized towing for electric vehicles, and on-the-go support for EV-related issues. As autonomous vehicles become more prevalent, it is gearing up to handle the unique challenges posed by AV breakdowns or technical glitches. Specialized support for AVs might involve remote diagnostics, software updates, or assistance in case of sensor malfunctions. Advancements in technology integration, such as mobile apps, AI-powered chatbots, and GPS tracking, are optimizing response times, improving communication between drivers and service providers, and enabling quicker dispatch of assistance.
Furthermore, as per the same source, the EV industry is expanding swiftly in Malaysia. The Malaysian Automotive Association (MAA) reports that the number of electric vehicles (EVs) sold in 2021 increased substantially from 1,642 units in 2020 to 2,717. EVs represent a mere 0.4% of the overall vehicle sales market. With the government aiming to have 125,000 electric vehicles (EVs) operational by 2030, market expansion is anticipated over the subsequent years. Thus, the region presents lucrative factors for the growth of the market.
The China market dominated the Asia Pacific Roadside Assistance Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,217.8 Million by 2030. The Japan market is exhibiting a CAGR of 4.9% during (2023 - 2030). Additionally, The India market would experience a CAGR of 6.3% during (2023 - 2030).
Based on Service, the market is segmented into Towing, Tire Replacement, Fuel Delivery, Jump Start & Pull Start, Battery Assistance, Lockout & Replacement Key Service, Trip Routing & Navigational Assistance, Winch, and Others. Based on Vehicle, the market is segmented into Passenger Vehicles, and Commercial Vehicles. Based on Provider, the market is segmented into Motor Insurance, Independent Service Provider, OEM, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Allstate Insurance Company
- Agero, Inc. (The Cross Country Group, LLC.)
- Falck A/S
- Paragone Motor Club, Inc.
- SOS Internation A/S
- Viking Assistance Group (P&C Insurance Holding Ltd.)
- ARC Europe SA
- Chubb Limited
- Allianze SE
- Prime Assistance Inc. (Sompo Holdings)
Asia Pacific Roadside Assistance Market Report Segmentation
By Service
- Towing
- Tire Replacement
- Fuel Delivery
- Jump Start & Pull Start
- Battery Assistance
- Lockout & Replacement Key Service
- Trip Routing & Navigational Assistance
- Winch
- Others
By Vehicle
- Passenger Vehicles
- Commercial Vehicles
By Provider
- Motor Insurance
- Independent Service Provider
- OEM
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Asia Pacific Roadside Assistance Market, by Service
- 1.4.2 Asia Pacific Roadside Assistance Market, by Vehicle
- 1.4.3 Asia Pacific Roadside Assistance Market, by Provider
- 1.4.4 Asia Pacific Roadside Assistance Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.3 Porter's Five Forces Analysis
Chapter 4. Asia Pacific Roadside Assistance Market by Service
- 4.1 Asia Pacific Towing Market by Country
- 4.2 Asia Pacific Tire Replacement Market by Country
- 4.3 Asia Pacific Fuel Delivery Market by Country
- 4.4 Asia Pacific Jump Start & Pull Start Market by Country
- 4.5 Asia Pacific Battery Assistance Market by Country
- 4.6 Asia Pacific Lockout & Replacement Key Service Market by Country
- 4.7 Asia Pacific Trip Routing & Navigational Assistance Market by Country
- 4.8 Asia Pacific Winch Market by Country
- 4.9 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Roadside Assistance Market by Vehicle
- 5.1 Asia Pacific Passenger Vehicles Market by Country
- 5.2 Asia Pacific Commercial Vehicles Market by Country
Chapter 6. Asia Pacific Roadside Assistance Market by Provider
- 6.1 Asia Pacific Motor Insurance Market by Country
- 6.2 Asia Pacific Independent Service Provider Market by Country
- 6.3 Asia Pacific OEM Market by Country
- 6.4 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Roadside Assistance Market by Country
- 7.1 China Roadside Assistance Market
- 7.1.1 China Roadside Assistance Market by Service
- 7.1.2 China Roadside Assistance Market by Vehicle
- 7.1.3 China Roadside Assistance Market by Provider
- 7.2 Japan Roadside Assistance Market
- 7.2.1 Japan Roadside Assistance Market by Service
- 7.2.2 Japan Roadside Assistance Market by Vehicle
- 7.2.3 Japan Roadside Assistance Market by Provider
- 7.3 India Roadside Assistance Market
- 7.3.1 India Roadside Assistance Market by Service
- 7.3.2 India Roadside Assistance Market by Vehicle
- 7.3.3 India Roadside Assistance Market by Provider
- 7.4 South Korea Roadside Assistance Market
- 7.4.1 South Korea Roadside Assistance Market by Service
- 7.4.2 South Korea Roadside Assistance Market by Vehicle
- 7.4.3 South Korea Roadside Assistance Market by Provider
- 7.5 Singapore Roadside Assistance Market
- 7.5.1 Singapore Roadside Assistance Market by Service
- 7.5.2 Singapore Roadside Assistance Market by Vehicle
- 7.5.3 Singapore Roadside Assistance Market by Provider
- 7.6 Malaysia Roadside Assistance Market
- 7.6.1 Malaysia Roadside Assistance Market by Service
- 7.6.2 Malaysia Roadside Assistance Market by Vehicle
- 7.6.3 Malaysia Roadside Assistance Market by Provider
- 7.7 Rest of Asia Pacific Roadside Assistance Market
- 7.7.1 Rest of Asia Pacific Roadside Assistance Market by Service
- 7.7.2 Rest of Asia Pacific Roadside Assistance Market by Vehicle
- 7.7.3 Rest of Asia Pacific Roadside Assistance Market by Provider
Chapter 8. Company Profiles
- 8.1 Allstate Insurance Company
- 8.1.1 Company Overview
- 8.1.2 Recent strategies and developments:
- 8.1.2.1 Partnerships, Collaborations, and Agreements:
- 8.1.3 SWOT Analysis
- 8.2 Agero, Inc. (The Cross Country Group, LLC.)
- 8.2.1 Company Overview
- 8.2.2 SWOT Analysis
- 8.3 Falck A/S
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 SWOT Analysis
- 8.4 Paragone Motor Club, Inc.
- 8.4.1 Company Overview
- 8.5 SOS International A/S
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 SWOT Analysis
- 8.6 Viking Assistance Group (P&C Insurance Holding Ltd.)
- 8.6.1 Company Overview
- 8.6.2 SWOT Analysis
- 8.7 ARC Europe SA
- 8.7.1 Company Overview
- 8.7.2 SWOT Analysis
- 8.8 Chubb Limited
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 SWOT Analysis
- 8.9 Allianze SE
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Recent strategies and developments:
- 8.9.3.1 Partnerships, Collaborations, and Agreements:
- 8.9.4 SWOT Analysis
- 8.10. Prime Assistance Inc. (Sompo Holdings)
- 8.10.1 Company Overview
LIST OF TABLES
- TABLE 1 Asia Pacific Roadside Assistance Market, 2019 - 2022, USD Million
- TABLE 2 Asia Pacific Roadside Assistance Market, 2023 - 2030, USD Million
- TABLE 3 Asia Pacific Roadside Assistance Market by Service, 2019 - 2022, USD Million
- TABLE 4 Asia Pacific Roadside Assistance Market by Service, 2023 - 2030, USD Million
- TABLE 5 Asia Pacific Towing Market by Country, 2019 - 2022, USD Million
- TABLE 6 Asia Pacific Towing Market by Country, 2023 - 2030, USD Million
- TABLE 7 Asia Pacific Tire Replacement Market by Country, 2019 - 2022, USD Million
- TABLE 8 Asia Pacific Tire Replacement Market by Country, 2023 - 2030, USD Million
- TABLE 9 Asia Pacific Fuel Delivery Market by Country, 2019 - 2022, USD Million
- TABLE 10 Asia Pacific Fuel Delivery Market by Country, 2023 - 2030, USD Million
- TABLE 11 Asia Pacific Jump Start & Pull Start Market by Country, 2019 - 2022, USD Million
- TABLE 12 Asia Pacific Jump Start & Pull Start Market by Country, 2023 - 2030, USD Million
- TABLE 13 Asia Pacific Battery Assistance Market by Country, 2019 - 2022, USD Million
- TABLE 14 Asia Pacific Battery Assistance Market by Country, 2023 - 2030, USD Million
- TABLE 15 Asia Pacific Lockout & Replacement Key Service Market by Country, 2019 - 2022, USD Million
- TABLE 16 Asia Pacific Lockout & Replacement Key Service Market by Country, 2023 - 2030, USD Million
- TABLE 17 Asia Pacific Trip Routing & Navigational Assistance Market by Country, 2019 - 2022, USD Million
- TABLE 18 Asia Pacific Trip Routing & Navigational Assistance Market by Country, 2023 - 2030, USD Million
- TABLE 19 Asia Pacific Winch Market by Country, 2019 - 2022, USD Million
- TABLE 20 Asia Pacific Winch Market by Country, 2023 - 2030, USD Million
- TABLE 21 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
- TABLE 22 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
- TABLE 23 Asia Pacific Roadside Assistance Market by Vehicle, 2019 - 2022, USD Million
- TABLE 24 Asia Pacific Roadside Assistance Market by Vehicle, 2023 - 2030, USD Million
- TABLE 25 Asia Pacific Passenger Vehicles Market by Country, 2019 - 2022, USD Million
- TABLE 26 Asia Pacific Passenger Vehicles Market by Country, 2023 - 2030, USD Million
- TABLE 27 Asia Pacific Commercial Vehicles Market by Country, 2019 - 2022, USD Million
- TABLE 28 Asia Pacific Commercial Vehicles Market by Country, 2023 - 2030, USD Million
- TABLE 29 Asia Pacific Roadside Assistance Market by Provider, 2019 - 2022, USD Million
- TABLE 30 Asia Pacific Roadside Assistance Market by Provider, 2023 - 2030, USD Million
- TABLE 31 Asia Pacific Motor Insurance Market by Country, 2019 - 2022, USD Million
- TABLE 32 Asia Pacific Motor Insurance Market by Country, 2023 - 2030, USD Million
- TABLE 33 Asia Pacific Independent Service Provider Market by Country, 2019 - 2022, USD Million
- TABLE 34 Asia Pacific Independent Service Provider Market by Country, 2023 - 2030, USD Million
- TABLE 35 Asia Pacific OEM Market by Country, 2019 - 2022, USD Million
- TABLE 36 Asia Pacific OEM Market by Country, 2023 - 2030, USD Million
- TABLE 37 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
- TABLE 38 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
- TABLE 39 Asia Pacific Roadside Assistance Market by Country, 2019 - 2022, USD Million
- TABLE 40 Asia Pacific Roadside Assistance Market by Country, 2023 - 2030, USD Million
- TABLE 41 China Roadside Assistance Market, 2019 - 2022, USD Million
- TABLE 42 China Roadside Assistance Market, 2023 - 2030, USD Million
- TABLE 43 China Roadside Assistance Market by Service, 2019 - 2022, USD Million
- TABLE 44 China Roadside Assistance Market by Service, 2023 - 2030, USD Million
- TABLE 45 China Roadside Assistance Market by Vehicle, 2019 - 2022, USD Million
- TABLE 46 China Roadside Assistance Market by Vehicle, 2023 - 2030, USD Million
- TABLE 47 China Roadside Assistance Market by Provider, 2019 - 2022, USD Million
- TABLE 48 China Roadside Assistance Market by Provider, 2023 - 2030, USD Million
- TABLE 49 Japan Roadside Assistance Market, 2019 - 2022, USD Million
- TABLE 50 Japan Roadside Assistance Market, 2023 - 2030, USD Million
- TABLE 51 Japan Roadside Assistance Market by Service, 2019 - 2022, USD Million
- TABLE 52 Japan Roadside Assistance Market by Service, 2023 - 2030, USD Million
- TABLE 53 Japan Roadside Assistance Market by Vehicle, 2019 - 2022, USD Million
- TABLE 54 Japan Roadside Assistance Market by Vehicle, 2023 - 2030, USD Million
- TABLE 55 Japan Roadside Assistance Market by Provider, 2019 - 2022, USD Million
- TABLE 56 Japan Roadside Assistance Market by Provider, 2023 - 2030, USD Million
- TABLE 57 India Roadside Assistance Market, 2019 - 2022, USD Million
- TABLE 58 India Roadside Assistance Market, 2023 - 2030, USD Million
- TABLE 59 India Roadside Assistance Market by Service, 2019 - 2022, USD Million
- TABLE 60 India Roadside Assistance Market by Service, 2023 - 2030, USD Million
- TABLE 61 India Roadside Assistance Market by Vehicle, 2019 - 2022, USD Million
- TABLE 62 India Roadside Assistance Market by Vehicle, 2023 - 2030, USD Million
- TABLE 63 India Roadside Assistance Market by Provider, 2019 - 2022, USD Million
- TABLE 64 India Roadside Assistance Market by Provider, 2023 - 2030, USD Million
- TABLE 65 South Korea Roadside Assistance Market, 2019 - 2022, USD Million
- TABLE 66 South Korea Roadside Assistance Market, 2023 - 2030, USD Million
- TABLE 67 South Korea Roadside Assistance Market by Service, 2019 - 2022, USD Million
- TABLE 68 South Korea Roadside Assistance Market by Service, 2023 - 2030, USD Million
- TABLE 69 South Korea Roadside Assistance Market by Vehicle, 2019 - 2022, USD Million
- TABLE 70 South Korea Roadside Assistance Market by Vehicle, 2023 - 2030, USD Million
- TABLE 71 South Korea Roadside Assistance Market by Provider, 2019 - 2022, USD Million
- TABLE 72 South Korea Roadside Assistance Market by Provider, 2023 - 2030, USD Million
- TABLE 73 Singapore Roadside Assistance Market, 2019 - 2022, USD Million
- TABLE 74 Singapore Roadside Assistance Market, 2023 - 2030, USD Million
- TABLE 75 Singapore Roadside Assistance Market by Service, 2019 - 2022, USD Million
- TABLE 76 Singapore Roadside Assistance Market by Service, 2023 - 2030, USD Million
- TABLE 77 Singapore Roadside Assistance Market by Vehicle, 2019 - 2022, USD Million
- TABLE 78 Singapore Roadside Assistance Market by Vehicle, 2023 - 2030, USD Million
- TABLE 79 Singapore Roadside Assistance Market by Provider, 2019 - 2022, USD Million
- TABLE 80 Singapore Roadside Assistance Market by Provider, 2023 - 2030, USD Million
- TABLE 81 Malaysia Roadside Assistance Market, 2019 - 2022, USD Million
- TABLE 82 Malaysia Roadside Assistance Market, 2023 - 2030, USD Million
- TABLE 83 Malaysia Roadside Assistance Market by Service, 2019 - 2022, USD Million
- TABLE 84 Malaysia Roadside Assistance Market by Service, 2023 - 2030, USD Million
- TABLE 85 Malaysia Roadside Assistance Market by Vehicle, 2019 - 2022, USD Million
- TABLE 86 Malaysia Roadside Assistance Market by Vehicle, 2023 - 2030, USD Million
- TABLE 87 Malaysia Roadside Assistance Market by Provider, 2019 - 2022, USD Million
- TABLE 88 Malaysia Roadside Assistance Market by Provider, 2023 - 2030, USD Million
- TABLE 89 Rest of Asia Pacific Roadside Assistance Market, 2019 - 2022, USD Million
- TABLE 90 Rest of Asia Pacific Roadside Assistance Market, 2023 - 2030, USD Million
- TABLE 91 Rest of Asia Pacific Roadside Assistance Market by Service, 2019 - 2022, USD Million
- TABLE 92 Rest of Asia Pacific Roadside Assistance Market by Service, 2023 - 2030, USD Million
- TABLE 93 Rest of Asia Pacific Roadside Assistance Market by Vehicle, 2019 - 2022, USD Million
- TABLE 94 Rest of Asia Pacific Roadside Assistance Market by Vehicle, 2023 - 2030, USD Million
- TABLE 95 Rest of Asia Pacific Roadside Assistance Market by Provider, 2019 - 2022, USD Million
- TABLE 96 Rest of Asia Pacific Roadside Assistance Market by Provider, 2023 - 2030, USD Million
- TABLE 97 Key Information - Allstate Insurance Company
- TABLE 98 Key Information - Agero, Inc.
- TABLE 99 Key Information - Falck A/S
- TABLE 100 Key Information - Paragone Motor Club, Inc.
- TABLE 101 Key Information - SOS International A/S
- TABLE 102 Key Information - Viking Assistance Group
- TABLE 103 Key Information - ARC Europe SA
- TABLE 104 Key Information - Chubb Limited
- TABLE 105 Key Information - Allianze SE
- TABLE 106 Key Information - Prime Assistance Inc.
