According to a market report by Lucintel, the future of the global extended warranty market looks promising with opportunities in the automobile, consumer electronics, home appliance, and mobile device & PC markets. The global extended warranty market is expected to grow with a CAGR of 8.4% from 2025 to 2031. The major drivers for this market are the increasing consumer awareness about product protection, the rising demand for durable electronic appliances, and the growing trend of risk management in purchases.
A more than 150-page report to understand trends, opportunity and forecast in extended warranty market to 2031 by sale type (point of sale and after sale), distribution channel (manufacturers, retailers, and others), application (automobiles, consumer electronics, home appliances, mobile devices & PCs, and others), end use (individuals and business), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the sale type category, after sale is expected to witness higher growth over the forecast period.
Within the application category, consumer electronics is expected to witness the highest growth.
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In terms of region, APAC is expected to witness the highest growth over the forecast period.
Axiom Connected, Centricity, Edel Assurance, CARCHEX, Safeware, Guardsman, OnPoint Warranty Solutions, PROTECTALL, Assurant, Endurance Warranty Services are the major suppliers in the extended warranty market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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