US Roadside Assistance Market 2025–2034

Reports Description

As per the current market research conducted by the CMI Team, the US Roadside Assistance Market is expected to record a CAGR of 4.5% from 2023 to 2032. In 2022, the market size is projected to reach a valuation of USD 2156.3 million. By 2032, the valuation is anticipated to reach USD 3346.2 million.

The roadside assistance market deals with the services mainly given by organizations to drivers who experience breakdowns or other vehicle-related issues while driving. These services are intended to give drivers who are stranded on the side of the road because of a specialized breakdown, punctured tires, drained batteries, or different issues with their vehicle.

Routinely, in case a driver has an issue, they can call their roadside assistance provider, who will send a specialist to the vehicle’s region to help. The expert might actually determine the issue right away or tow the vehicle to a nearby fix office.

US Roadside Assistance Market Growth Factors

The roadside assistance market presents significant growth opportunities due to several factors:

• The vehicle roadside assistance market incorporates nearby electrical and mechanical fixes, backing of punctured tires, kick off battery, lock-out, vehicle towing and fuel conveyance services. Such a tremendous scope of services and the absence of information on drivers themselves to take care of the mechanical needs of vehicles fills the interest for the roadside assistance market. Normal side of the road issues, for example, drained batteries, punctured tires, lost keys and other minor mechanical or electrical issues are tracked down in each vehicle.

• A portion of the elements driving this market are completely computerized applications, alluring offers, and a solid spotlight on client support. expanded interest in hybrid and electric vehicles. Endowments and expense discounts have been presented by a few legislatures to support hybrid and electric vehicle use.
• Vehicle roadside assistance has extended the response to hybrid and electric vehicle deals. This will drive the development of the worldwide roadside assistance market over the conjecture period. Roadside assistance request is supposed to ascend because of expanded vehicle enrolment and expanded Gross domestic product throughout the following couple of years.

US Roadside Assistance Market – Mergers and Acquisitions

The roadside assistance market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the Vehicle roadside assistance market include:

• “Booster,” a US-based startup that conveys portable fuel, is quickly getting some momentum for its services on corporate grounds, residential buildings, and fleet operators. A roadside assistance service offers nearby help for such things as electrical and mechanical fixes, tire changes, and battery substitutions.

• In December 2020, Through Agero Inc., Arcimoto Inc. announced the launch of nationwide roadside assistance for Arcimoto vehicles, including the Cameo, FUV, Delivator, and Roadster. The condition of the vehicles is covered by the warranty.

• Roadside Masters introduced its vehicle road assistance for trucks, cars, buses, vans, and other types of vehicles to cater to a variety of vehicle types.

These mergers and acquisitions have helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the roadside assistance market. The trend is expected to continue as companies seek to gain a competitive edge in the market.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

US Roadside Assistance Market Significant Threats

The roadside assistance market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:

• The interest in discretionary services like roadside assistance diminishes as insurance premiums increase as vehicle proprietors search for ways of reducing expenses. As a danger to conventional roadside assistance suppliers, elective choices like car clubs and free specialist co-ops offer more serious valuing. Insurance agency likewise change their inclusion plans, which could make roadside assistance to a lesser extent a piece of what they offer. Clients are likewise less inclined to pick independent roadside assistance plans since they see rising insurance payments as an extra cost.

• Clients have lost confidence in the market because of rising protection costs. Along these lines, in developing nations, accident protection is assisting with overcoming any barrier among backup plans and clients.

Report Scope

Category-Wise Insights

By service:

The towing services segment ruled the market in 2022 and is estimated to continue its dominance during the forecast period. The main consideration of the rising interest for towing services is breakdown and impact. The most often given crisis roadside assistance services is towing. In 2022, the U.S. enrolled essentially all pay just from towing services. Moreover, mechanical types of progress in towbars like retractable, electric, and detachable towbars are projected to flourish the towing services during the check time period.

This sort of support is required by a wide range of vehicles, from small traveler vehicles to large business trucks, and request in this classification is supposed to drive market development. Vehicle towing services drive the help type region due to its cost feasibility, speed, and nonappearance of upkeep, and is expected to stay aware of its circumstance during the projection time period.

In any case, other mechanical services, for example, tire substitution, battery help, Kick off/crash Help, and others essentially increment market income.

By provider:

the U.S. market for roadside assistance is probably going to be overwhelmed by the car maker fragment. This is generally because of the guarantees and after-deals support benefits that vehicle makers give. In a ton of nations, various automakers, such as Honda, offer roadside assistance services for their vehicles.

Along these lines, roadside assistance is given to clients by Broad Engines, Toyota, Portage, Hyundai, and various different automakers. It is guessed that this area will keep up with its services not long from now because of the vehicle business’ fast change and accessibility of various speedy, current, successful, savvy, and different arrangements.

By vehicle:

The passenger vehicle market is expected to hold a major income share during the forecast period. The car producers’ appealing after-deals services and guarantees are principally some of the prime reasons responsible for the portion’s development. this is coupled with other growth factors such as minimal expense, broad prevalence, low upkeep prerequisites, and flexibility to a great many applications.

Also, the rising arrangements of electric vehicles will similarly drive the necessity for roadside assistance services. Over the gauge period, the vehicle street help market is additionally expected to be driven by rising shopper inclination for electric and hybrid vehicles with cutting edge security highlights like helping at the point and rising passenger car deployment of people of various income levels.

US Roadside Assistance Market Regional Analysis

• Because of the quick development of the car business, rising vehicle deals all through the locale, individuals’ inclination for improvidence, and development in extravagance vehicle deals around here, business sectors in the U.S. are supposed to represent the biggest offer before long. The accessibility of gifted work, plentiful unrefined components, and monetarily stable modern units are among the elements that drive the U.S. vehicle roadside assistance market.

Competitive Landscape – US Roadside Assistance Market

The roadside assistance market is highly competitive, with a large number of manufacturers and retailers operating U.S. Some of the key players in the market include:

• Roadside Masters
• Paragon Motor Club
• Good Sam Enterprise LLC
• Emergency Road Services Corporation
• Honk technologies
• Access Roadside Assistance
• Better World Club
• Allstate Insurance Company
• AAA
• Agero Inc.
• AutoVantage
• Others

These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships. To remain competitive in the market, companies are focusing on offering high-quality services at competitive prices, leveraging advanced technologies, thus expanding their distribution networks to reach new customers.

The US Roadside Assistance Market is segmented as follows:

By Service

• Towing
•  Flat Tire
• Jump Start
• Lockout
• Fuel Delivery
• Collision Assistance
• Soft Repair
• Tire Replacement
• Battery Replacement
• EV Charging
• Fluid Delivery
• Mobile Repair

By Provider

• Motor Insurance
• Auto Manufacturer
• Automotive Clubs
• Independent Warranty

By Vehicle

• Commercial Vehicle
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
• Passenger Vehicles
  • Hatchback
  • Sedan
  • Utility Vehicles

On the basis of US Geography

• Northeast Region
• Southeast Region
• Midwest Region
• West Coast Region
• Southwest Region
• Mountain States