Aerospace Insurance Market Insights, 2019-2024 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 22, 2019--
The “Aerospace Insurance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.
The global aerospace insurance market is currently experiencing stable growth
The thriving aviation industry, along with an increasing number of airports around the world is the key factor driving the growth of the market.
In recent years, the number of passengers opting for air travel has increased substantially. In order to meet this surging demand, both the emerging and developing nations are modernizing and expanding their existing airport terminals as well as creating new ones.
Moreover, the development of smart airports that utilize various automated solutions such as self-check-in kiosks and automated baggage handling systems is also contributing to the market growth. Furthermore, with the growing need for aircraft fueling and group handling, aerospace product liabilities are likely to increase, thus catalyzing the demand for insurance services.
Apart from this, increasing space exploratory activities using drones, spaceships and aircraft is also favoring the market growth. Insurance buyers safeguard themselves and equipment against accidents and any damage caused by climatic changes, equipment failure and collisions.
Besides this, the declining insurance premium rates are ensuring an increase in the number of policy takers, which is positively impacting the market growth.
The report has also analyzed the competitive landscape of the market with some of the key players being Allianz SE, American International Group, Global Aerospace, Hallmark Financial Services Inc., Marsh Inc, China Life Insurance Company, Travers Aviation, Malayan Insurance, AXA, ING Group, Old Republic Aerospace, Hiscox Group, Wells Fargo, Avion Insurance, etc.
Key Questions Answered in This Report
Key Topics Covered
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Aerospace Insurance Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Type
5.4 Market Breakup by Application
5.5 Market Breakup by Region
5.6 Market Forecast
6 Market Breakup by Type
6.1 Life Insurance
6.2 Property Insurance
7 Market Breakup by Application
7.1 Service Providers
7.2 Airport Operators
8 Market Breakup by Region
8.1 North America
8.4 Middle East & Africa
8.5 Latin America
9 SWOT Analysis
10 Value Chain Analysis
11 Porter’s Five Forces Analysis
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players
12.3 Profiles of Key Players
12.3.1 Allianz SE
12.3.2 American International Group
12.3.3 Global Aerospace
12.3.4 Hallmark Financial Services Inc.
12.3.5 Marsh Inc.
12.3.6 China Life Insurance Company
12.3.7 Travers Aviation
12.3.8 Malayan Insurance
12.3.10 ING Group
12.3.11 Old Republic Aerospace
12.3.12 Hiscox Group
12.3.13 Wells Fargo
12.3.14 Avion Insurance
For more information about this report visit https://www.researchandmarkets.com/r/603gmm
View source version on businesswire.com:https://www.businesswire.com/news/home/20191122005159/en/
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INDUSTRY KEYWORD: INSURANCE PROFESSIONAL SERVICES
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 11/22/2019 05:12 AM/DISC: 11/22/2019 05:12 AM