Latin America Vehicle Insurance Market 2020 Emerging Trends, Business Growth, Services, Solutions and Regional Outlook 2025 - PowerPoint PPT Presentation

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Latin America Vehicle Insurance Market 2020 Emerging Trends, Business Growth, Services, Solutions and Regional Outlook 2025

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Latin America vehicle insurance market size was estimated to be USD 64.20 billion in 2017. The demand for vehicle insurance has been growing significantly, as a consequence of the increasing number of road casualties leading to physical damage to automobiles and bodily injuries. – PowerPoint PPT presentation

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Title: Latin America Vehicle Insurance Market 2020 Emerging Trends, Business Growth, Services, Solutions and Regional Outlook 2025


1
Latin America Vehicle Insurance Market
  • Size 2017 By Type (Comprehensive Insurance, Third
    Party Insurance and Others), By Vehicle Type
    Passenger Car, Commercial Vehicles and Two
    Wheelers, By Region and Forecast 2017 to 2025

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2
Latin America Vehicle Insurance Market Size And
Forecast, 2015-2025
  • Adroit Market Research published a study titled,
    Latin America Vehicle Insurance Market Size 2017
    By Type (Comprehensive Insurance, Third Party
    Insurance and Others), By Vehicle Type (Passenger
    Cars, Commercial Vehicles and Two Wheelers), By
    Country and Forecast 2018 to 2025. The report
    covers the Latin America vehicle insurance market
    trends such as such as drivers, restraints and
    opportunities. The Porters Five Forces analysis
    has been used to gain a better understanding of
    the Latin America vehicle insurance market. The
    study includes the Latin America vehicle
    insurance market value for a period ranging
    between 2015 to 2025, where 2015 to 2017 shows
    the non-life insurance trends in the vehicle
    insurance market in Latin America with forecast
    between 2018 and 2025. Additionally, the report
    also provides market size and estimates for
    vehicle insurance market in Latin America for
    select key countries in this region.
  • The Latin America vehicle insurance market size
    is estimated to witness a 4.0 CAGR over the
    forecast period due to the rapid expansion of the
    global automobile industry. Owing to the rise in
    disposable income, the demand for vehicles has
    increased which has resulted in the growth of the
    automobile sector.
  • Players are actively developing the market via
    social media and ensuring the visibility of their
    insurance policies in the vehicle insurance
    market in Latin America. New insurance product
    launches and innovation in policies such as zero
    depreciation motor insurance cover are some of
    the key growth strategies set to catapult the
    market revenue. Furthermore, incorporation of
    advanced analytics tools to lower fraudulent
    claims and increasing market penetration through
    online support and third-parties are some of the
    key trends that are considered to drive the
    Vehicle Insurance Market in Latin America in
    coming years.

3
Latin America Vehicle Insurance Market Size And
Forecast, 2015-2025
  • The passenger cars segment dominated the Latin
    America vehicle insurance market in 2017 and is
    expected to maintain its dominance in the
    upcoming years. Population explosion, increasing
    disposable income, and infrastructure enhancement
    have accelerated the production and sales of
    passenger cars in the said region. Increasing GDP
    and demand from export countries, launch of
    electric vehicles low-cost car models, and rise
    in urbanization are some of the other major
    factors that have been supporting the overall
    sales of passenger cars in this region.
  • Other factors pertaining to the commercial
    vehicle (CV) sector such as the need for
    fuel-efficient vehicles, advent of global players
    such as Allianz, Metropolitan Life Insurance
    Company, PORTO SEGURO and lastly the execution of
    emission norms and other regulatory policies in
    the recent years, have enabled the region in
    becoming one of the noteworthy markets in the
    world.
  • Rapid urbanization, improving road infrastructure
    and regulatory policies will influence commercial
    vehicle buyers and original equipment
    manufacturers (OEMs), thereby, impacting vehicle
    insurance market in Latin America. Global players
    are presently in the process of redefining their
    brand position in the overall market. However,
    domestic companies improve RD competence and
    optimize costs through outsourcing and
    modularization.
  • Browse the complete report on _at_
    https//www.adroitmarketresearch.com/industry-repo
    rts/latin-america-vehicle-insurance-market

4
Segment Overview of Global Latin America vehicle
insurance Market
  • Type Overview, 2015-2025 (USD Million)
  • Comprehensive Insurance
  • Third Party Insurance
  • Others
  • Vehicle Type Overview, 2015-2025 (USD Million)
  • Passenger Cars
  • Commercial Vehicles
  • Two Wheelers
  • Country Overview, 2015-2025 (USD Million)
  • Brazil
  • Venezuela
  • Argentina
  • Mexico
  • Colombia
  • Rest of Latin America

5
Segment Overview of Global Latin America vehicle
insurance Market
  • Regional Overview, 2015-2025 (USD Million)
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East Africa
  • Purchase a single user copy of the global Latin
    America vehicle insurance Market report_at_
    https//www.adroitmarketresearch.com/researchrepor
    t/purchase/17

6
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
  • US Headquarters3131 McKinney Ave Ste 600
    Dallas, TX 75204 ,U.S.A 
  • Phone 1 (214) 884-6068
  • Email sales_at_adroitmarketresearch.com
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