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.
Europe accounts for about 35% of the global market share, while North America and China account for about 31% and 13%.
Market Analysis and Insights: Global Commercial Auto Insurance Market
In 2019, the global Commercial Auto Insurance market size was US$ 125030 million and it is expected to reach US$ 195240 million by the end of 2026, with a CAGR of 6.5% during 2021-2026.
Global Commercial Auto Insurance Scope and Market Size
Commercial Auto Insurance market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Commercial Auto Insurance market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Commercial Auto Insurance market is segmented into Liability Insurance, Physical Damage Insurance, Other, etc.
Segment by Application, the Commercial Auto Insurance market is segmented into Passenger Car, Commercial Vehicle, etc.
Regional and Country-level Analysis
The Commercial Auto Insurance market is analysed and market size information is provided by regions (countries).
The key regions covered in the Commercial Auto Insurance market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape

and Commercial Auto Insurance Market Share Analysis
Commercial Auto Insurance market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Commercial Auto Insurance business, the date to enter into the Commercial Auto Insurance market, Commercial Auto Insurance product introduction, recent developments, etc.
The major vendors include PICC, Progressive Corporation, Ping An Insurance, 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, etc.

This report focuses on the global Commercial Auto Insurance status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Commercial Auto Insurance development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study

PICC
Progressive Corporation
Ping An Insurance
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

Market segment by Type, the product can be split into

Liability Insurance
Physical Damage Insurance
Other
Physical damage insurance dominated the commercial auto insurance market in 2018, which accounted for over 66% market share.

Market segment by Application, split into

Passenger Car
Commercial Vehicle
Commercial vehicle holds an important share in terms of applications with a market share of near 70% in 2018.

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:

To analyze global Commercial Auto Insurance status, future forecast, growth opportunity, key market and key players.
To present the Commercial Auto Insurance development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Commercial Auto Insurance are as follows:
History Year: 2015-2019

Base Year:

2019

Estimated Year:

2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.