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市場調査レポート
商品コード
1491710
EV保険の世界市場の評価:EVタイプ別、プランタイプ別、車両タイプ別、補償範囲別、流通チャネル別、地域別、機会、予測(2017年~2031年)EV Insurance Market Assessment, By EV Type, By Plan Type, By Vehicle Type, By Coverage, By Distribution Channel, By Region, Opportunities and Forecast, 2017-2031F |
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カスタマイズ可能
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EV保険の世界市場の評価:EVタイプ別、プランタイプ別、車両タイプ別、補償範囲別、流通チャネル別、地域別、機会、予測(2017年~2031年) |
出版日: 2024年06月10日
発行: Market Xcel - Markets and Data
ページ情報: 英文 233 Pages
納期: 3~5営業日
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世界のEV保険の市場規模は、2023年の600億2,000万米ドルから2031年に2,388億6,000万米ドルに達すると予測され、2024年~2031年の予測期間にCAGRで18.85%の成長が見込まれます。市場の拡大は、便利で環境にやさしい輸送に対するニーズの高まりと、持続可能性とカーボンフットプリントの削減を目指す世界の動きによるものと考えられます。この二重の転換が、市場を上昇軌道へと導いています。
電気自動車保険市場は、電気自動車の普及による影響を受けています。環境意識、政府の奨励策、技術の進歩により、電気自動車を選択する消費者が増えているため、電気自動車所有者特有の要件に合わせた特殊な保険商品に対する需要が高まっています。EVには、バッテリー交換費用や充電インフラへの損害など特有の補償ニーズがあるため、こうしたリスクに対応する保険が開発されています。さらに、持続可能性と二酸化炭素排出の削減を目指す世界の動向は、消費者がEVを選ぶことを後押ししており、環境意識の高いドライバーに対応する保険企業にとって重要な市場を形成しています。EV所有者に対する税控除やリベートなどの政府規制は、電気自動車への移行をさらに促進し、EV保険の必要性を高めています。電気自動車市場が成長と進化を続ける中、保険企業は競合の激化に直面しています。その結果、革新的な補償オプションの開発や市場競合の激化につながり、世界のEV保険市場の拡大に拍車をかけています。
世界のインターネットとモバイル機器の普及
世界の隅々までインターネット接続が拡大したことで、特にEV保険の領域ではオンライン活動が大幅に増加しました。スマートフォンは現代において多くの人々にとって不可欠なツールとなっています。スマートフォンやタブレット端末の利用が増加し、4Gや5Gといった技術によって高速インターネットにアクセスできるようになったことが、デジタル技術の普及に拍車をかけています。また、金融機関では、業務の効率化と重要なデータへのリモートアクセスのために、クラウドベースのソフトウェアを利用するケースが増えています。この動きにより、企業は常に最新の取引を把握し、クラウド技術の利点を活用して効率性を向上させることができます。
2022年1月に発表されたInsurTechの記事では、プラットフォームホスティング、データストレージ、バックアップ、マーケティングキャンペーン、ERPの統合など、保険企業がクラウドサービスを活用するさまざまな方法を紹介しています。インターネットアクセスやモバイル機器の世界的な普及に伴い、EV保険市場は今後数年で大きく成長する見通しです。この動向は、予測期間にEV保険の提供やサービスの拡大を促進することが見込まれます。
成長動向としての電気自動車保険需要の高まり
電気バイクや電気自動車が炎上する動向はここ数ヶ月で増加していますが、電気自動車の人気の高まりを抑止してはいません。保険企業は現在、初期段階にもかかわらず、この成長セグメントに細心の注意を払っています。Bajaj Allianz GeneralやHDFC ERGOといった主要保険企業は、電気自動車所有者のニーズに応える専用プラットフォームを設立し、潜在的な買い手に価値ある情報を提供しています。世界では、電気自動車の販売台数が2022年に初めて1,000万台を突破しました。2023年第1四半期には、世界で230万台以上の電気自動車が販売され、前年比で約25%の伸びを示しました。
EVの人気が高まるにつれ、電気自動車の保険料は上昇傾向にあります。Quadrant Information Servicesのデータによると、2023年のフルカバー自動車保険の平均年間コストは2,008米ドルでした。電気自動車に特化した場合、EVの保険料は、モデルによって異なりますが、従来の自動車よりも10%~135%高くなると推定されています。
当レポートでは、世界のEV保険市場について調査分析し、市場規模と予測、市場力学、主要企業の情勢と見通しなどを提供しています。
Global EV insurance market is projected to witness a CAGR of 18.85% during the forecast period 2024-2031, growing from USD 60.02 billion in 2023 to USD 238.86 billion in 2031. The market's expansion can be credited to a rise in the need for convenient and environmentally friendly transportation choices, coupled with a global drive towards sustainability and reducing carbon footprints. The dual transition is driving the market towards an upward trajectory.
The electric vehicle insurance market is impacted by the increasing adoption of electric vehicles. With more consumers choosing EVs due to environmental awareness, government incentives, and technological progress, there is a growing demand for specialized insurance products tailored to the unique requirements of electric vehicle owners. Electric vehicles (EVs) have specific coverage needs such as battery replacement costs and damage to charging infrastructure, leading to the development of insurance policies that address these risks. Additionally, the global trend towards sustainability and lower carbon emissions encourages consumers to opt for EVs, creating a significant market for insurers catering to environmentally conscious drivers. Government regulations, such as tax credits and rebates for EV owners, further promote the shift to electric vehicles and drive the need for EV insurance. As the electric vehicle market continues to grow and evolve, insurance providers face heightened competition. It is leading to the development of innovative coverage options and more competitive pricing, which in turn is fueling the expansion of the global EV insurance market.
Increase in Global Internet and Mobile Device Penetration
The expansion of internet connectivity in every corner of the world has led to a significant increase in online activity, particularly in the realm of EV insurance. Smartphones have become an essential tool for many individuals in the modern era. The rise in smartphone and tablet usage, combined with access to high-speed internet through technologies such as 4G and 5G, has fueled the widespread adoption of digital technology. In addition, financial institutions are increasingly turning to cloud-based software to streamline their operations and access crucial data remotely. The move allows businesses to stay current with their transactions and leverage the benefits of cloud technology for improved efficiency.
InsurTech's article, published in January 2022, highlighted various ways insurers can leverage cloud services, including platform hosting, data storage, backup, marketing campaigns, and ERP integration. With the global proliferation of internet access and mobile devices, the EV insurance market is poised for significant growth in the coming years. The trend is expected to drive the expansion of EV insurance offerings and services during the forecast period.
Rising Demand for Electric Vehicle Insurance as a Growing Trend
The trend of electric bikes and cars catching fire has increased in recent months but has not deterred the increasing popularity of electric vehicles. Insurance companies are now paying close attention to this growing segment despite being in the early stages. Major insurers such as Bajaj Allianz General and HDFC ERGO have established dedicated platforms to cater to the needs of electric car owners and provide valuable information to potential buyers. Worldwide, the sales of electric vehicles surpassed 10 million units for the first time in 2022. During the initial quarter of 2023, more than 2.3 million electric vehicles were sold globally, marking a growth of approximately 25% compared to the previous year.
With the increasing popularity of electric vehicles (EVs), the cost of insuring these vehicles has been on the rise. Data from Quadrant Information Services indicated that the average annual cost of full-coverage car insurance in 2023 was USD 2,008. When focusing on electric vehicles specifically, the estimates suggest that insuring an EV can be between 10% and 135% more expensive than traditional vehicles, varying based on the specific model.
The surge in electric vehicle purchases in countries such as Japan, India, China, and others has led to significant growth in the demand for EV insurance. Electric vehicles are quickly becoming the preferred mode of transportation due to their silent operation, eco-friendly nature, and cost savings from not using petrol or diesel. However, owning an electric vehicle comes with additional costs, such as expensive repairs and replacement parts like batteries. With an EV, an insurance policy is crucial to protect vehicle owners from hefty repair and replacement costs in case of damage or depreciation. The growing need for insurance coverage drives the global EV insurance market forward and creates new opportunities for insurers.
Rising Expansion of Electric Vehicle Insurance Market in Asia-Pacific
Asia-Pacific is witnessing a significant surge in demand for Electric Vehicle (EV) insurance, fueled by the booming tourism sector and the ongoing urbanization trends. The increasing urban population in Asia-Pacific has led to a growing need for specialized insurance products for electric vehicles. With tailored coverage, reduced premiums for eco-friendly vehicles, and comprehensive protection, EV insurance is becoming increasingly popular in the region. Government efforts to promote clean energy and sustainable development have played a vital role in driving the growth of the EV insurance market in Asia-Pacific. Leading industry players are heavily investing in research and development, expanding their market presence, and catering to the region's diverse insurance requirements of electric vehicle owners. As a result, the Asia-Pacific EV insurance market is poised for substantial expansion in the coming years, ensuring that electric vehicle owners have access to the necessary insurance coverage to protect their vehicles and investments.
Insights into Electric Vehicle Insurance Coverage Trends
The electric vehicle insurance market is categorized into two main segments: third-party liability coverage and comprehensive coverage. Among these segments, third-party liability coverage is projected to experience rapid growth and dominate the market, with a substantial volume share from 2023 to 2031. Third-party liability coverage is crucial for meeting legal mandates and providing financial protection in accidents. This necessity will contribute to the continued dominance of this type of coverage over the forecast period. Additionally, as the adoption of electric vehicles continues to rise, there will be an increased need for insurance coverage tailored to the unique characteristics of these vehicles with the evolving landscape of electric vehicles and insurance requirements, there is a growing opportunity for insurance providers to develop specialized products and services catering specifically to the needs of electric vehicle owners. By staying ahead of these trends and offering tailored coverage options, insurance companies can effectively meet the market's evolving needs and establish themselves as leaders in the electric vehicle insurance sector.
Insights into Electric Vehicle (EV) Insurance Distribution Channels
The Electric Vehicle (EV) Insurance Market segmentation, based on Distribution Channels, includes categories such as Insurance Companies, Banks, Insurance Agents/Brokers, and Others. Among these, Insurance Agents/Brokers are expected to experience substantial growth. This growth can be attributed to various factors, such as acting as intermediaries, offering personalized advice, and creating tailored EV insurance solutions to meet clients' individual needs. Furthermore, the expanding EV market necessitates expert guidance in navigating insurance options. Insurance Agents/Brokers play a critical role in raising customer awareness about EV insurance, ensuring that EV owners receive comprehensive coverage that addresses unique risks associated with electric vehicles, concerns related to batteries, and environmental benefits. With their ability to offer a wide range of insurance products and facilitate connections between clients and insurance providers, Insurance Agents/Brokers are pivotal for driving growth in the EV insurance market.
Future Market Scenario (2024 - 2031F)
The global electric vehicle (EV) insurance market is expected to experience rapid growth in the coming years due to the increasing adoption of electric vehicles worldwide. As more consumers switch to EVs, there will be a growing demand for specialized insurance products tailored to the unique needs of EV owners.
Insurers are likely to offer innovative insurance solutions to cater to the specific requirements of EV owners. This may include coverage for battery-related issues, charging infrastructure, and autonomous driving features. Insurers may also introduce usage-based insurance models leveraging telematics technology.
Regulatory changes and government incentives promoting the adoption of electric vehicles may impact the EV insurance market. Insurers must adapt to evolving regulations and policies to provide compliant and competitive insurance products for EV owners.
The growing EV insurance market is expected to attract both traditional insurers and new entrants looking to capitalize on this emerging sector. This may lead to increased competition and collaboration within the industry as players strive to differentiate themselves and offer value-added services to EV owners.
Key Players Landscape and Outlook
The future of the global EV insurance market is set to be shaped by a diverse range of players, each bringing unique strengths and capabilities to meet the evolving needs of EV owners. Established insurance companies such as Allstate, State Farm, and The Government Employees Insurance Company are expected to play a significant role, leveraging their resources and experience to offer competitive EV insurance products. At the same time, specialized EV insurance providers such as Tesla Insurance and Electric Insurance Company are emerging to cater specifically to the unique requirements of EV owners, offering tailored coverage options and services.
Technology companies such as Google and Amazon are entering the global EV insurance market, utilizing their technological expertise and data analytics capabilities to provide innovative insurance solutions for EV owners. Collaborations and partnerships between traditional insurers, EV manufacturers, and technology companies will likely shape the future landscape of the EV insurance market, leading to the development of integrated insurance solutions that combine vehicle data, telematics, and smart technology. Players in the EV insurance market must adapt to changing market dynamics, regulatory requirements, and technological advancements to remain competitive in the rapidly growing sector.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work