Commercial Auto Insurance Market

Commercial vehicle insurance is a policy of physical damage and liability coverages for amounts, situations, and usage not covered by a personal auto insurance policy. This type of business insurance covers many types of commercial vehicles?from automobiles used for business purposes, including company cars, to a wide variety of commercial trucks and vehicles.

Commercial Auto Insurance Market aims to provide a comprehensive presentation of the global market for Commercial Auto Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Commercial Auto Insurance. Commercial Auto Insurance Market contains market size and forecasts of Commercial Auto Insurance in global, including the following market information:

Global Commercial Auto Insurance Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global top five companies in 2022 (%)

The global Commercial Auto Insurance market was valued at US$ 145150 million in 2022 and is projected to reach US$ 221460 million by 2029, at a CAGR of 6.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Major companies in the industry include PICC, Progressive Corporation and Ping An Insurance, which accounted for 5.03%, 3.82% and 3.41% of revenue in 2019, respectively. By region, Europe had the highest share of income, at 35.56%.

We surveyed the Commercial Auto Insurance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

• Liability Insurance
• Physical Damage Insurance
• Others

• Passenger Car
• Commercial Vehicle

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

• Key companies Commercial Auto Insurance revenues in global market, 2018-2023 (estimated), ($ millions)
• Key companies Commercial Auto Insurance revenues share in global market, 2022 (%)

• PICC
• Progressive Corporation
• Ping An
• AXA
• Sompo Japan
• Tokyo Marine
• Travelers Group
• Liberty Mutual Group
• Zurich
• CPIC
• Nationwide
• Mitsui Sumitomo Insurance
• Aviva
• Berkshire Hathaway
• Old Republic International
• Auto Owners Grp.
• Generali Group
• MAPFRE
• Chubb
• AmTrust NGH

• Chapter 1: Introduces the definition of Commercial Auto Insurance, market overview.
• Chapter 2: Global Commercial Auto Insurance market size in revenue.
• Chapter 3: Detailed analysis of Commercial Auto Insurance company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of Commercial Auto Insurance in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: The main points and conclusions of the report.