Allied Market Research published a report, “U.S. Extended Warranty Market By Coverage Type (Standard Protection Plan and Accidental Protection Plan), Distribution Channel (Manufacturers, Retailers, and Others), End User (Business and Individuals), Device Type (Automobiles, Consumer Electronics, Home Appliances, Mobile Devices & PCs, and Others) and Service Type (Home Warranty, Auto Warranty, Enterprise Equipment Warranty, and Others): U.S. Opportunity Analysis and Industry Forecast, 2020-2028”.
As per the latest report, Over the next few years, the market will witness a major spike in CAGR. Technological innovations and increased disposable income would contribute significantly to market growth. The report offers a comprehensive study of major market players, key trends, and driving factors.
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The global U.S. Extended Warranty market report includes detailed information regarding driving factors and opportunities that propel the market growth. Moreover, the report involves an analysis of challenges and restraining factors, which helps market entrants understand pitfalls in the industry. Technological advancements and a surge in demand are the prime reasons behind the market growth. The untapped potential in developing countries would open new opportunities in the coming years.
The market growth is analyzed using several strategic tools and methods. The SWOT analysis and Porter’s Five analysis are offered in the report. These tools offer a detailed analysis of major determinants of market growth and are essential for leveraging lucrative opportunities in the market.
The Report will help the Leaders:
• Figure out the market dynamics altogether
• Inspect and scrutinize the competitive scenario and the future market landscape with the help of different strictures including Porter’s five forces
• Understand the impact of different government regulations throughout the global health crisis and evaluate the global & Asia-Pacific radar market condition in the tough time
• Consider the portfolios of the protruding players functional in the market in consort with the thorough study of their products/services
• Have a compact idea of the highest revenue-generating segment
U.S. Extended Warranty Market Key Segments
By Coverage
- Standard Protection Plan
- Accidental Protection Plan
By Distribution Channel
- Manufacturers
- Retailers
- Others
By End User
- Business
- Individuals
By Device Type
- Automobiles
- Consumer Electronics
- Home Appliances
- Mobile Devices & PCs
- Others
By Service Type
- Home Warranty
- Auto Warranty
- Enterprise Equipment Warranty
- Others
The report includes a comprehensive analysis of sales, revenue, growth rate, and market shares of every segment during the historic period and forecast period along with charts and tables.
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The Covid-19 pandemic had a significant impact on the growth of the global U.S. Extended Warranty market. The prolonged lockdown across several countries and restrictions on import-expert disrupted the supply chain. Moreover, the lack of workforce and increased prices of raw materials affected the market.
The global U.S. Extended Warranty industry is analyzed based on the region along with the competitive landscape in each region. The regions included in the report are North America (United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These insights aid to formulate business strategies and open lucrative opportunities.
The global U.S. Extended Warranty market report includes a detailed analysis of the top 10 market players active in the global market. The study includes sales, production, and revenue analysis. The prime market players are ASSURANT INC., American International Group Inc., AmTrust Financial, Asurion, CARCHEX, CarShield LLC, Endurance Warranty Services LLC, Liberty Bell Auto Protect, Protect My Car, and SquareTrade Inc. These market players have adopted several business strategies such as new product launches, mergers & acquisitions, partnerships, and collaborations to maintain their market presence in the market. The market report includes statistics, tables, and charts to offer a detailed study of the U.S. Extended Warranty industry.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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