The global learner driver insurance market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing number of people who are learning how to drive and the increasing number of accidents that happen due to inexperience. The learner driver insurance market is segmented by type, application, and region. The learner driver insurance for own car segment accounted for the largest share in 2018 and it is expected that this segment will continue its dominance throughout the forecast period as well.
- The number of learner drivers is increasing.
- The cost of insurance for learner drivers is decreasing.
- There are more cars on the road, which means more accidents and therefore more insurance claims.
- More people are living in urban areas, which means they have to drive to work and school.
- More people are driving for Uber or Lyft.
Industry Growth Insights published a new data on “Learner Driver Insurance Market”. The research report is titled “Learner Driver Insurance Market research by Types (Own Car, Someone else's Car), By Applications (Insurance Intermediaries, Insurance Company, Bank, Insurance Broker, Others), By Players/Companies AXA, Allstate Insurance, Berkshire Hathaway, Allianz, AIG, Generali, State Farm Insurance, Munich Reinsurance, Metlife, Nippon Life Insurance, Ping An, PICC, China Life Insurance, Collingwood Insurance Services”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Learner Driver Insurance Market Research Report
By Type
Own Car, Someone else's Car
By Application
Insurance Intermediaries, Insurance Company, Bank, Insurance Broker, Others
By Companies
AXA, Allstate Insurance, Berkshire Hathaway, Allianz, AIG, Generali, State Farm Insurance, Munich Reinsurance, Metlife, Nippon Life Insurance, Ping An, PICC, China Life Insurance, Collingwood Insurance Services
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Learner Driver Insurance Market Report Segments:
The global Learner Driver Insurance market is segmented on the basis of:
Types
Own Car, Someone else's Car
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Insurance Intermediaries, Insurance Company, Bank, Insurance Broker, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AXA
- Allstate Insurance
- Berkshire Hathaway
- Allianz
- AIG
- Generali
- State Farm Insurance
- Munich Reinsurance
- Metlife
- Nippon Life Insurance
- Ping An
- PICC
- China Life Insurance
- Collingwood Insurance Services
Highlights of The Learner Driver Insurance Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Own Car
- Someone else's Car
- By Application:
- Insurance Intermediaries
- Insurance Company
- Bank
- Insurance Broker
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Learner Driver Insurance Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Learner driver insurance is a type of car insurance that is designed for drivers who have not yet reached the age of 21 and are still in school, or who are working towards a degree. Learner driver insurance typically offers lower rates than regular car insurance, and may also include features such as roadside assistance and rental coverage.
Some of the major players in the learner driver insurance market are AXA, Allstate Insurance, Berkshire Hathaway, Allianz, AIG, Generali, State Farm Insurance, Munich Reinsurance, Metlife, Nippon Life Insurance, Ping An, PICC, China Life Insurance, Collingwood Insurance Services.
The learner driver insurance market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Learner Driver Insurance Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Learner Driver Insurance Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Learner Driver Insurance Market - Supply Chain
4.5. Global Learner Driver Insurance Market Forecast
4.5.1. Learner Driver Insurance Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Learner Driver Insurance Market Size (000 Units) and Y-o-Y Growth
4.5.3. Learner Driver Insurance Market Absolute $ Opportunity
5. Global Learner Driver Insurance Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Learner Driver Insurance Market Size and Volume Forecast by Type
5.3.1. Own Car
5.3.2. Someone else's Car
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Learner Driver Insurance Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Learner Driver Insurance Market Size and Volume Forecast by Application
6.3.1. Insurance Intermediaries
6.3.2. Insurance Company
6.3.3. Bank
6.3.4. Insurance Broker
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Learner Driver Insurance Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Learner Driver Insurance Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Learner Driver Insurance Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Learner Driver Insurance Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Learner Driver Insurance Demand Share Forecast, 2019-2026
9. North America Learner Driver Insurance Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Learner Driver Insurance Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Learner Driver Insurance Market Size and Volume Forecast by Application
9.4.1. Insurance Intermediaries
9.4.2. Insurance Company
9.4.3. Bank
9.4.4. Insurance Broker
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Learner Driver Insurance Market Size and Volume Forecast by Type
9.7.1. Own Car
9.7.2. Someone else's Car
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Learner Driver Insurance Demand Share Forecast, 2019-2026
10. Latin America Learner Driver Insurance Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Learner Driver Insurance Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Learner Driver Insurance Market Size and Volume Forecast by Application
10.4.1. Insurance Intermediaries
10.4.2. Insurance Company
10.4.3. Bank
10.4.4. Insurance Broker
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Learner Driver Insurance Market Size and Volume Forecast by Type
10.7.1. Own Car
10.7.2. Someone else's Car
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Learner Driver Insurance Demand Share Forecast, 2019-2026
11. Europe Learner Driver Insurance Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Learner Driver Insurance Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Learner Driver Insurance Market Size and Volume Forecast by Application
11.4.1. Insurance Intermediaries
11.4.2. Insurance Company
11.4.3. Bank
11.4.4. Insurance Broker
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Learner Driver Insurance Market Size and Volume Forecast by Type
11.7.1. Own Car
11.7.2. Someone else's Car
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Learner Driver Insurance Demand Share, 2019-2026
12. Asia Pacific Learner Driver Insurance Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Learner Driver Insurance Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Learner Driver Insurance Market Size and Volume Forecast by Application
12.4.1. Insurance Intermediaries
12.4.2. Insurance Company
12.4.3. Bank
12.4.4. Insurance Broker
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Learner Driver Insurance Market Size and Volume Forecast by Type
12.7.1. Own Car
12.7.2. Someone else's Car
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Learner Driver Insurance Demand Share, 2019-2026
13. Middle East & Africa Learner Driver Insurance Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Learner Driver Insurance Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Learner Driver Insurance Market Size and Volume Forecast by Application
13.4.1. Insurance Intermediaries
13.4.2. Insurance Company
13.4.3. Bank
13.4.4. Insurance Broker
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Learner Driver Insurance Market Size and Volume Forecast by Type
13.7.1. Own Car
13.7.2. Someone else's Car
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Learner Driver Insurance Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Learner Driver Insurance Market: Market Share Analysis
14.2. Learner Driver Insurance Distributors and Customers
14.3. Learner Driver Insurance Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AXA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Allstate Insurance
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Berkshire Hathaway
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Allianz
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. AIG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Generali
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. State Farm Insurance
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Munich Reinsurance
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Metlife
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nippon Life Insurance
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ping An
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. PICC
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. China Life Insurance
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Collingwood Insurance Services
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
