Logistics Insurance Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018–2026

Report Code: ZMR-2960 | Report Format : | Status : Upcoming |

Abstract

Global Logistics Insurance Market: Overview

Logistics industry deals with a lot of deadlines and it has to face insurance challenges especially in environmental regulations, equipment replacement, and the safety of both people and product. It is important to undertake appropriate insurance policies in order to avoid any type of liabilities and potential losses. The insurance policies basically cover the property, management liability, carriers liability, business interruption, and much more.

Global Logistics Insurance Market: Growth Factors

The key factor driving the logistics insurance market is the growing expectations of the customer regarding the personalized insurance services and products. The products dealing with the insurance are specifically designed to include all the potential risks that the buyer can pose. The new products are introduced by the organizations in order to increase the after-tax income by suitably charging the product. The competition is retained by the insurers by adopting proper optimization techniques. The premium rates are determined by the companies based on the data of the previous years and accordingly they rate their products. The tools that are included in determining the product price are what-if scenario simulation, predictive analytical models, and impact analysis. A deep understanding of the market competition, customer buying preferences, customer data, and pricing strategies are required for the product pricing. Both large-scale and small-scale enterprises require effective claim management. All these factors are fuelling the growth of the logistics insurance market.

The customers are attracted by the insurers by providing them with attractive premiums and policies. Owing to the increased number of options to select the service providers, the attrition rate is high but the augmenting spending in the customer engagement activities is likely to fuel the growth of the market.

Global Logistics Insurance Market: Segmentation

The global logistics insurance market can be segmented on the basis of its type and region. Based on the type, the global market is segregated into marine, aviation, transportation, and others. On the basis of the regions, the global logistics insurance market is diversified into North America, Asia Pacific, Europe, the Middle East and Africa, and Latin America.

Global Logistics Insurance Market: Regional Analysis

The logistics insurance market is well developed in the developed regions. Europe anticipates leading the logistics insurance market by holding the major amount of market share. Growing digital insurance in the region and the presence of the advanced logistics infrastructure are the major factors driving the market. The automated regulatory compliance is also positively contributing to the market growth in the region. The logistics sector is mainly impacted by the government regulatory initiatives as they play a vital role in determining the value of the policies.

A rapid market growth is expected in the Asia Pacific owing to the growing logistics development in the emerging economies such as China and India which will likely offer many opportunities for the logistics insurance market. Another factor that contributes to the market growth is the rising infrastructure spending.

Global Logistics Insurance Market: Competitive Players

Some of the most important market players in the logistics insurance market are Allianz SE, Dawson Companies, American International Group, Inc., DB Schenker, and G4S International Logistics, among others.

Global Logistics Insurance Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Boiler Control Market by Boiler Type (Water Tube Boiler and Fire Tube Boiler), by Component (Hardware, and Software), by Control Type (Modulating and On/Off), and By End-Use Industry (Industrial, Commercial, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Jun-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-4229 | Report Format:

This report offers a comprehensive glance at the boiler control market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based revenue (USD Billion) and volume (K Units). The complete study covers the key drivers and restra...Read More

Stone Crushing Equipment Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4211 | Report Format:

Global Stone Crushing Equipment Market: Overview Stone crushing equipment also referred to as stone crushers are the machines that are made to reduce big rocks into smaller ones in the form of rock dust and gravel. These devices are also used to reduce the size of the rocks or alter its forms or...Read More

Occupant Classification System Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4202 | Report Format:

Global Occupant Classification System Market: Overview Occupant classification system is a kind of passenger safety system formulated to determine the presence of passengers as per their seats. These systems are present in each vehicle manufactured in the current times and are helpful for securi...Read More

Gas Insulated Power Equipment Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4201 | Report Format:

Global Gas Insulated Power Equipment Market: Overview These products are deployed as substation devices or receiving equipment for safe as well as stable power supply. The product has the ability to enclose store circuit breakers, earthing instruments, and isolator switches in metal containers ...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.