According to Latest Study , the global market for Automotive Usage Based Insurance should grow from US$ 19600 million in 2023 to US$ 108880 million by 2030, with a CAGR of 25.2% for the period of 2024-2030.
China Automotive Usage Based Insurance market should grow from US$ million in 2023 to US$ million by 2030, with a CAGR of % for the period of 2024-2030.
The United States Automotive Usage Based Insurance market should grow from US$ million in 2023 to US$ million by 2030, with a CAGR of % for the period of 2024-2030.
In terms of type, PAYD (Pay As You Drive) segment holds a share about % in 2023 and will reach % in 2030; while in terms of application, Commercial Vehicle has a share approximately % in 2023 and will grow at a CAGR % during 2023 and 2030.
The global key manufacturers of Automotive Usage Based Insurance include Allstate Insurance Company, Esurance, Credit Karma,LLC, DriveSense, Liberty Mutual, Metromile, Progressive, State Farm and The Travelers Indemnity Company, etc. In 2023, the global top five players hold a share approximately % in terms of revenue.
Usage-based insurance (UBI), also known as pay as you drive (PAYD), pay how you drive (PHYD) and mile-based auto insurance, is a type of vehicle insurance whereby the costs are dependent upon type of vehicle used, measured against time, distance, behavior and place.The company uses a telematics device — such as a plug-in device or mobile application — to track factors like your mileage and speed. If you’re a safe driver, usage-based insurance could lower your auto insurance policy rates.
This report aims to provide a comprehensive study of the global market for Automotive Usage Based Insurance. Report Highlights:
(1) Global Automotive Usage Based Insurance market size (value), history data from 2019-2024 and forecast data from 2024 to 2030.
(2) Global Automotive Usage Based Insurance market competitive situation, revenue and market share, from 2019 to 2024.
(3) China Automotive Usage Based Insurance market competitive situation, revenue and market share, from 2019 to 2024.
(4) Global Automotive Usage Based Insurance segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.
(5) Global Automotive Usage Based Insurance segment by type and by application and regional segment by type and by application.
(6) Automotive Usage Based Insurance industry supply chain, upstream, midstream and downstream analysis.
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Market segment by type, covers
PAYD (Pay As You Drive)
PHYD (Pay How You Drive)
Market segment by application, can be divided into
Commercial Vehicle
Passenger Car
Market segment by players, this report covers
Allstate Insurance Company
Esurance
Credit Karma,LLC
DriveSense
Liberty Mutual
Metromile
Progressive
State Farm
The Travelers Indemnity Company
AXA
Assicurazioni Generali
Desjardins Group
1 Market Overview
1.1 Product Overview and Scope of Automotive Usage Based Insurance
1.2 Global Automotive Usage Based Insurance Market Size and Forecast
1.3 China Automotive Usage Based Insurance Market Size and Forecast
1.4 China Market Percentage in Global
1.4.1 By Revenue, China Automotive Usage Based Insurance Share in Global Market, 2019-2030
1.4.2 Automotive Usage Based Insurance Market Size: China VS Global, 2019-2030
1.5 Automotive Usage Based Insurance Market Dynamics
1.5.1 Automotive Usage Based Insurance Market Drivers
1.5.2 Automotive Usage Based Insurance Market Restraints
1.5.3 Automotive Usage Based Insurance Industry Trends
1.5.4 Automotive Usage Based Insurance Industry Policy
2 Global Competitive Situation by Company
2.1 Global Automotive Usage Based Insurance Revenue by Company (2019-2024)
2.2 Global Automotive Usage Based Insurance Participants, Market Position (Tier 1, Tier 2 and Tier 3)
2.3 Global Automotive Usage Based Insurance Concentration Ratio
2.4 Global Automotive Usage Based Insurance Mergers & Acquisitions, Expansion Plans
2.5 Global Automotive Usage Based Insurance Manufacturers Product Type
3 China Competitive Situation by Company
3.1 China Automotive Usage Based Insurance Revenue by Company (2019-2024)
3.2 China Automotive Usage Based Insurance Automotive Usage Based Insurance Participants, Market Position (Tier 1, Tier 2 and Tier 3)
3.3 China Automotive Usage Based Insurance, Revenue Percentage of Local Players VS Foreign Manufacturers (2019-2024)
4 Industry Chain Analysis
4.1 Automotive Usage Based Insurance Industry Chain
4.2 Automotive Usage Based Insurance Upstream Analysis
4.3 Automotive Usage Based Insurance Midstream Analysis
4.4 Automotive Usage Based Insurance Downstream Analysis
5 Sights by Type
5.1 Automotive Usage Based Insurance Classification
5.1.1 PAYD (Pay As You Drive)
5.1.2 PHYD (Pay How You Drive)
5.2 By Type, Global Automotive Usage Based Insurance Market Size & CAGR, 2019 VS 2023 VS 2030
5.3 By Type, Global Automotive Usage Based Insurance Revenue, 2019-2030
6 Sights by Application
6.1 Automotive Usage Based Insurance Segment by Application
6.1.1 Commercial Vehicle
6.1.2 Passenger Car
6.2 By Application, Global Automotive Usage Based Insurance Market Size & CAGR, 2019 VS 2023 VS 2030
6.3 By Application, Global Automotive Usage Based Insurance Revenue, 2019-2030
7 Sales Sights by Region
7.1 By Region, Global Automotive Usage Based Insurance Market Size, 2019 VS 2023 VS 2030
7.2 By Region, Global Automotive Usage Based Insurance Market Size, 2019-2030
7.3 North America
7.3.1 North America Automotive Usage Based Insurance Market Size & Forecasts, 2019-2030
7.3.2 By Country, North America Automotive Usage Based Insurance Market Size Market Share
7.4 Europe
7.4.1 Europe Automotive Usage Based Insurance Market Size & Forecasts, 2019-2030
7.4.2 By Country, Europe Automotive Usage Based Insurance Market Size Market Share
7.5 Asia Pacific
7.5.1 Asia Pacific Automotive Usage Based Insurance Market Size & Forecasts, 2019-2030
7.5.2 By Country/Region, Asia Pacific Automotive Usage Based Insurance Market Size Market Share
7.6 South America
7.6.1 South America Automotive Usage Based Insurance Market Size & Forecasts, 2019-2030
7.6.2 By Country, South America Automotive Usage Based Insurance Market Size Market Share
7.7 Middle East & Africa
8 Sights by Country Level
8.1 By Country, Global Automotive Usage Based Insurance Market Size & CAGR,2019 VS 2023 VS 2030
8.2 By Country, Global Automotive Usage Based Insurance Market Size, 2019-2030
8.3 U.S.
8.3.1 U.S. Automotive Usage Based Insurance Market Size, 2019-2030
8.3.2 By Company, U.S. Automotive Usage Based Insurance Revenue Market Share, 2019-2024
8.3.3 By Type, U.S. Automotive Usage Based Insurance Revenue Market Share, 2023 VS 2030
8.3.4 By Application, U.S. Automotive Usage Based Insurance Revenue Market Share, 2023 VS 2030
8.4 Europe
8.4.1 Europe Automotive Usage Based Insurance Market Size, 2019-2030
8.4.2 By Company, Europe Automotive Usage Based Insurance Revenue Market Share, 2019-2024
8.4.3 By Type, Europe Automotive Usage Based Insurance Revenue Market Share, 2023 VS 2030
8.4.4 By Application, Europe Automotive Usage Based Insurance Revenue Market Share, 2023 VS 2030
8.5 China
8.5.1 China Automotive Usage Based Insurance Market Size, 2019-2030
8.5.2 By Company, China Automotive Usage Based Insurance Revenue Market Share, 2019-2024
8.5.3 By Type, China Automotive Usage Based Insurance Revenue Market Share, 2023 VS 2030
8.5.4 By Application, China Automotive Usage Based Insurance Revenue Market Share, 2023 VS 2030
8.6 Japan
8.6.1 Japan Automotive Usage Based Insurance Market Size, 2019-2030
8.6.2 By Company, Japan Automotive Usage Based Insurance Revenue Market Share, 2019-2024
8.6.3 By Type, Japan Automotive Usage Based Insurance Revenue Market Share, 2023 VS 2030
8.6.4 By Application, Japan Automotive Usage Based Insurance Revenue Market Share, 2023 VS 2030
8.7 South Korea
8.7.1 South Korea Automotive Usage Based Insurance Market Size, 2019-2030
8.7.2 By Company, South Korea Automotive Usage Based Insurance Revenue Market Share, 2019-2024
8.7.3 By Type, South Korea Automotive Usage Based Insurance Revenue Market Share, 2023 VS 2030
8.7.4 By Application, South Korea Automotive Usage Based Insurance Revenue Market Share, 2023 VS 2030
8.8 Southeast Asia
8.8.1 Southeast Asia Automotive Usage Based Insurance Market Size, 2019-2030
8.8.2 By Company, Southeast Asia Automotive Usage Based Insurance Revenue Market Share, 2019-2024
8.8.3 By Type, Southeast Asia Automotive Usage Based Insurance Revenue Market Share, 2023 VS 2030
8.8.4 By Application, Southeast Asia Automotive Usage Based Insurance Revenue Market Share, 2023 VS 2030
8.9 India
8.9.1 India Automotive Usage Based Insurance Market Size, 2019-2030
8.9.2 By Company, India Automotive Usage Based Insurance Revenue Market Share, 2019-2024
8.9.3 By Type, India Automotive Usage Based Insurance Revenue Market Share, 2023 VS 2030
8.9.4 By Application, India Automotive Usage Based Insurance Revenue Market Share, 2023 VS 2030
8.10 Middle East & Asia
8.10.1 Middle East & Asia Automotive Usage Based Insurance Market Size, 2019-2030
8.10.2 By Company, Middle East & Asia Automotive Usage Based Insurance Revenue Market Share, 2019-2024
8.10.3 By Type, Middle East & Asia Automotive Usage Based Insurance Revenue Market Share, 2023 VS 2030
8.10.4 By Application, Middle East & Asia Automotive Usage Based Insurance Revenue Market Share, 2023 VS 2030
9 Global Manufacturers Profile
9.1 Allstate Insurance Company
9.1.1 Allstate Insurance Company Company Information, Head Office, Market Area and Industry Position
9.1.2 Allstate Insurance Company Company Profile and Main Business
9.1.3 Allstate Insurance Company Automotive Usage Based Insurance Models, Specifications and Application
9.1.4 Allstate Insurance Company Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
9.1.5 Allstate Insurance Company Recent Developments
9.2 Esurance
9.2.1 Esurance Company Information, Head Office, Market Area and Industry Position
9.2.2 Esurance Company Profile and Main Business
9.2.3 Esurance Automotive Usage Based Insurance Models, Specifications and Application
9.2.4 Esurance Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
9.2.5 Esurance Recent Developments
9.3 Credit Karma,LLC
9.3.1 Credit Karma,LLC Company Information, Head Office, Market Area and Industry Position
9.3.2 Credit Karma,LLC Company Profile and Main Business
9.3.3 Credit Karma,LLC Automotive Usage Based Insurance Models, Specifications and Application
9.3.4 Credit Karma,LLC Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
9.3.5 Credit Karma,LLC Recent Developments
9.4 DriveSense
9.4.1 DriveSense Company Information, Head Office, Market Area and Industry Position
9.4.2 DriveSense Company Profile and Main Business
9.4.3 DriveSense Automotive Usage Based Insurance Models, Specifications and Application
9.4.4 DriveSense Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
9.4.5 DriveSense Recent Developments
9.5 Liberty Mutual
9.5.1 Liberty Mutual Company Information, Head Office, Market Area and Industry Position
9.5.2 Liberty Mutual Company Profile and Main Business
9.5.3 Liberty Mutual Automotive Usage Based Insurance Models, Specifications and Application
9.5.4 Liberty Mutual Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
9.5.5 Liberty Mutual Recent Developments
9.6 Metromile
9.6.1 Metromile Company Information, Head Office, Market Area and Industry Position
9.6.2 Metromile Company Profile and Main Business
9.6.3 Metromile Automotive Usage Based Insurance Models, Specifications and Application
9.6.4 Metromile Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
9.6.5 Metromile Recent Developments
9.7 Progressive
9.7.1 Progressive Company Information, Head Office, Market Area and Industry Position
9.7.2 Progressive Company Profile and Main Business
9.7.3 Progressive Automotive Usage Based Insurance Models, Specifications and Application
9.7.4 Progressive Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
9.7.5 Progressive Recent Developments
9.8 State Farm
9.8.1 State Farm Company Information, Head Office, Market Area and Industry Position
9.8.2 State Farm Company Profile and Main Business
9.8.3 State Farm Automotive Usage Based Insurance Models, Specifications and Application
9.8.4 State Farm Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
9.8.5 State Farm Recent Developments
9.9 The Travelers Indemnity Company
9.9.1 The Travelers Indemnity Company Company Information, Head Office, Market Area and Industry Position
9.9.2 The Travelers Indemnity Company Company Profile and Main Business
9.9.3 The Travelers Indemnity Company Automotive Usage Based Insurance Models, Specifications and Application
9.9.4 The Travelers Indemnity Company Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
9.9.5 The Travelers Indemnity Company Recent Developments
9.10 AXA
9.10.1 AXA Company Information, Head Office, Market Area and Industry Position
9.10.2 AXA Company Profile and Main Business
9.10.3 AXA Automotive Usage Based Insurance Models, Specifications and Application
9.10.4 AXA Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
9.10.5 AXA Recent Developments
9.11 Assicurazioni Generali
9.11.1 Assicurazioni Generali Company Information, Head Office, Market Area and Industry Position
9.11.2 Assicurazioni Generali Company Profile and Main Business
9.11.3 Assicurazioni Generali Automotive Usage Based Insurance Models, Specifications and Application
9.11.4 Assicurazioni Generali Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
9.11.5 Assicurazioni Generali Recent Developments
9.12 Desjardins Group
9.12.1 Desjardins Group Company Information, Head Office, Market Area and Industry Position
9.12.2 Desjardins Group Company Profile and Main Business
9.12.3 Desjardins Group Automotive Usage Based Insurance Models, Specifications and Application
9.12.4 Desjardins Group Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
9.12.5 Desjardins Group Recent Developments
10 Conclusion
11 Appendix
11.1 Research Methodology
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Market Estimation Model
11.4 Disclaimer
Table 1. Automotive Usage Based Insurance Market Size & CAGR: China VS Global, (US$ Million), 2019-2030
Table 2. Automotive Usage Based Insurance Market Restraints
Table 3. Automotive Usage Based Insurance Market Trends
Table 4. Automotive Usage Based Insurance Industry Policy
Table 5. Global Automotive Usage Based Insurance Revenue by Company (2019-2024) & (US$ million)
Table 6. Global Automotive Usage Based Insurance Revenue Market Share by Company (2019-2024)
Table 7. Global Automotive Usage Based Insurance Manufacturers Market Concentration Ratio (CR3 and HHI)
Table 8. Global Automotive Usage Based Insurance Mergers & Acquisitions, Expansion Plans
Table 9. Global Automotive Usage Based Insurance Manufacturers Product Type
Table 10. China Automotive Usage Based Insurance Revenue by Company (2019-2024) & (US$ million)
Table 11. China Automotive Usage Based Insurance Revenue Market Share by Company (2019-2024)
Table 12. Global Key Players of Automotive Usage Based Insurance Upstream (Raw Materials)
Table 13. Global Automotive Usage Based Insurance Typical Customers
Table 14. Automotive Usage Based Insurance Typical Distributors
Table 15. By Type, Global Automotive Usage Based Insurance Revenue & CAGR, 2019 VS 2024 VS 2030, US$ Million
Table 16. By Application, Global Automotive Usage Based Insurance Revenue & CAGR, 2019 VS 2024 VS 2030, US$ Million
Table 17. By Region, Global Automotive Usage Based Insurance Market Size, 2019 VS 2024 VS 2030, US$ Million
Table 18. By Region, Global Automotive Usage Based Insurance Revenue, 2019-2030, US$ Million
Table 19. By Country, Global Automotive Usage Based Insurance Revenue & CAGR,2019 VS 2024 VS 2030, US$ Million
Table 20. By Country, Global Automotive Usage Based Insurance Revenue, 2019-2030, US$ Million
Table 21. By Country, Global Automotive Usage Based Insurance Revenue Market Share, 2019-2030
Table 22. Allstate Insurance Company Company Information, Head Office, Market Area and Industry Position
Table 23. Allstate Insurance Company Company Profile and Main Business
Table 24. Allstate Insurance Company Automotive Usage Based Insurance Models, Specifications and Application
Table 25. Allstate Insurance Company Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
Table 26. Allstate Insurance Company Recent Developments
Table 27. Esurance Company Information, Head Office, Market Area and Industry Position
Table 28. Esurance Company Profile and Main Business
Table 29. Esurance Automotive Usage Based Insurance Models, Specifications and Application
Table 30. Esurance Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
Table 31. Esurance Recent Developments
Table 32. Credit Karma,LLC Company Information, Head Office, Market Area and Industry Position
Table 33. Credit Karma,LLC Company Profile and Main Business
Table 34. Credit Karma,LLC Automotive Usage Based Insurance Models, Specifications and Application
Table 35. Credit Karma,LLC Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
Table 36. Credit Karma,LLC Recent Developments
Table 37. DriveSense Company Information, Head Office, Market Area and Industry Position
Table 38. DriveSense Company Profile and Main Business
Table 39. DriveSense Automotive Usage Based Insurance Models, Specifications and Application
Table 40. DriveSense Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
Table 41. DriveSense Recent Developments
Table 42. Liberty Mutual Company Information, Head Office, Market Area and Industry Position
Table 43. Liberty Mutual Company Profile and Main Business
Table 44. Liberty Mutual Automotive Usage Based Insurance Models, Specifications and Application
Table 45. Liberty Mutual Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
Table 46. Liberty Mutual Recent Developments
Table 47. Metromile Company Information, Head Office, Market Area and Industry Position
Table 48. Metromile Company Profile and Main Business
Table 49. Metromile Automotive Usage Based Insurance Models, Specifications and Application
Table 50. Metromile Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
Table 51. Metromile Recent Developments
Table 52. Progressive Company Information, Head Office, Market Area and Industry Position
Table 53. Progressive Company Profile and Main Business
Table 54. Progressive Automotive Usage Based Insurance Models, Specifications and Application
Table 55. Progressive Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
Table 56. Progressive Recent Developments
Table 57. State Farm Company Information, Head Office, Market Area and Industry Position
Table 58. State Farm Company Profile and Main Business
Table 59. State Farm Automotive Usage Based Insurance Models, Specifications and Application
Table 60. State Farm Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
Table 61. State Farm Recent Developments
Table 62. The Travelers Indemnity Company Company Information, Head Office, Market Area and Industry Position
Table 63. The Travelers Indemnity Company Company Profile and Main Business
Table 64. The Travelers Indemnity Company Automotive Usage Based Insurance Models, Specifications and Application
Table 65. The Travelers Indemnity Company Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
Table 66. The Travelers Indemnity Company Recent Developments
Table 67. AXA Company Information, Head Office, Market Area and Industry Position
Table 68. AXA Company Profile and Main Business
Table 69. AXA Automotive Usage Based Insurance Models, Specifications and Application
Table 70. AXA Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
Table 71. AXA Recent Developments
Table 72. Assicurazioni Generali Company Information, Head Office, Market Area and Industry Position
Table 73. Assicurazioni Generali Company Profile and Main Business
Table 74. Assicurazioni Generali Automotive Usage Based Insurance Models, Specifications and Application
Table 75. Assicurazioni Generali Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
Table 76. Assicurazioni Generali Recent Developments
Table 77. Desjardins Group Company Information, Head Office, Market Area and Industry Position
Table 78. Desjardins Group Company Profile and Main Business
Table 79. Desjardins Group Automotive Usage Based Insurance Models, Specifications and Application
Table 80. Desjardins Group Automotive Usage Based Insurance Revenue and Gross Margin, 2019-2024
Table 81. Desjardins Group Recent Developments
List of Figure
Figure 1. Automotive Usage Based Insurance Picture
Figure 2. Global Automotive Usage Based Insurance Industry Market Size and Forecast (US$ million) & (2019-2030)
Figure 3. China Automotive Usage Based Insurance Revenue and Forecast (US$ million) & (2019-2030)
Figure 4. 2019-2030 China Automotive Usage Based Insurance Market Share of Global
Figure 5. Global Automotive Usage Based Insurance Key Participants, Market Share, 2022 VS 2023 VS 2024
Figure 6. Global Automotive Usage Based Insurance Market Share by Company, (Tier 1, Tier 2 and Tier 3), 2019-2024
Figure 7. China Automotive Usage Based Insurance Key Participants, Market Share, 2022 VS 2023 VS 2024
Figure 8. China Automotive Usage Based Insurance Revenue, Domestic VS Import Products, Proportion of China Local Players and Foreign Players, 2019-2024
Figure 9. Automotive Usage Based Insurance Industry Chain
Figure 10. PAYD (Pay As You Drive)
Figure 11. PHYD (Pay How You Drive)
Figure 12. By Type, Global Automotive Usage Based Insurance Revenue, 2019-2030, US$ Million
Figure 13. By Type, Global Automotive Usage Based Insurance Revenue Market Share, 2019-2030
Figure 14. Commercial Vehicle
Figure 15. Passenger Car
Figure 16. By Application, Global Automotive Usage Based Insurance Revenue, 2019-2030, US$ Million
Figure 17. By Application, Global Automotive Usage Based Insurance Revenue Market Share, 2019-2030
Figure 18. By Region, Global Automotive Usage Based Insurance Revenue Market Share, 2019-2030
Figure 19. North America Automotive Usage Based Insurance Revenue & Forecasts, 2019-2030, US$ Million
Figure 20. By Country, North America Automotive Usage Based Insurance Revenue Market Share, 2019-2024
Figure 21. Europe Automotive Usage Based Insurance Revenue & Forecasts, 2019-2030, US$ Million
Figure 22. By Country, Europe Automotive Usage Based Insurance Revenue Market Share, 2019-2024
Figure 23. Asia Pacific Automotive Usage Based Insurance Revenue & Forecasts, 2019-2030, US$ Million
Figure 24. By Country/Region, Asia Pacific Automotive Usage Based Insurance Revenue Market Share, 2019-2024
Figure 25. South America Automotive Usage Based Insurance Revenue & Forecasts, 2019-2030, US$ Million
Figure 26. By Country, South America Automotive Usage Based Insurance Revenue Market Share, 2019-2024
Figure 27. Middle East & Africa Automotive Usage Based Insurance Revenue & Forecasts, 2019-2030, US$ Million
Figure 28. U.S. Automotive Usage Based Insurance Revenue, 2019-2030, (US$ Million)
Figure 29. By Company, U.S. Automotive Usage Based Insurance Market Share, 2019-2024
Figure 30. By Type, U.S. Automotive Usage Based Insurance Revenue Market Share, 2022 VS 2029
Figure 31. By Application, U.S. Automotive Usage Based Insurance Revenue Market Share, 2022 VS 2029
Figure 32. Europe Automotive Usage Based Insurance Revenue, 2019-2030, (US$ Million)
Figure 33. By Company, Europe Automotive Usage Based Insurance Market Share, 2019-2024
Figure 34. By Type, Europe Automotive Usage Based Insurance Revenue Market Share, 2022 VS 2029
Figure 35. By Application, Europe Automotive Usage Based Insurance Revenue Market Share, 2022 VS 2029
Figure 36. China Automotive Usage Based Insurance Revenue, 2019-2030, (US$ Million)
Figure 37. By Company, China Automotive Usage Based Insurance Market Share, 2019-2024
Figure 38. By Type, China Automotive Usage Based Insurance Revenue Market Share, 2022 VS 2029
Figure 39. By Application, China Automotive Usage Based Insurance Revenue Market Share, 2022 VS 2029
Figure 40. Japan Automotive Usage Based Insurance Revenue, 2019-2030, (US$ Million)
Figure 41. By Company, Japan Automotive Usage Based Insurance Market Share, 2019-2024
Figure 42. By Type, Japan Automotive Usage Based Insurance Revenue Market Share, 2022 VS 2029
Figure 43. By Application, Japan Automotive Usage Based Insurance Revenue Market Share, 2022 VS 2029
Figure 44. South Korea Automotive Usage Based Insurance Revenue, 2019-2030, (US$ Million)
Figure 45. By Company, South Korea Automotive Usage Based Insurance Market Share, 2019-2024
Figure 46. By Type, South Korea Automotive Usage Based Insurance Revenue Market Share, 2022 VS 2029
Figure 47. By Application, South Korea Automotive Usage Based Insurance Revenue Market Share, 2022 VS 2029
Figure 48. Southeast Asia Automotive Usage Based Insurance Revenue, 2019-2030, (US$ Million)
Figure 49. By Company, Southeast Asia Automotive Usage Based Insurance Market Share, 2019-2024
Figure 50. By Type, Southeast Asia Automotive Usage Based Insurance Revenue Market Share, 2022 VS 2029
Figure 51. By Application, Southeast Asia Automotive Usage Based Insurance Revenue Market Share, 2022 VS 2029
Figure 52. India Automotive Usage Based Insurance Revenue, 2019-2030, (US$ Million)
Figure 53. By Company, India Automotive Usage Based Insurance Market Share, 2019-2024
Figure 54. By Type, India Automotive Usage Based Insurance Revenue Market Share, 2022 VS 2029
Figure 55. By Application, India Automotive Usage Based Insurance Revenue Market Share, 2022 VS 2029
Figure 56. Middle East & Asia Automotive Usage Based Insurance Revenue, 2019-2030, (US$ Million)
Figure 57. By Company, Middle East & Asia Automotive Usage Based Insurance Market Share, 2019-2024
Figure 58. By Type, Middle East & Asia Automotive Usage Based Insurance Revenue Market Share, 2022 VS 2029
Figure 59. By Application, Middle East & Asia Automotive Usage Based Insurance Revenue Market Share, 2022 VS 2029
Figure 60. Research Methodology
Figure 61. Breakdown of Primary Interviews
Figure 62. Bottom-up Approaches
Figure 63. Top-down Approaches
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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