Key Market Indicators
Portuguese road casualties are expected to rise to around 47,220 by 2026. This figure is up 0.3% on average year-on-year from the current 46,400. Since 2015, demand has increased by an average of 1.3% annually. In 2021, the country was ranked 10th in the world, with Austria overtaking with 46,400 casualties. Germany, Italy and Russia were the top three countries in the ranking respectively.
Portugal Auto Insurance Market Data and Forecasts
How much will Portugal Auto Insurance Market grow to 2026?
More in Auto Insurance Industry for 2028Improve your Knowledge with the latest Indicators and Trends
-
Commercial Vehicle Insurance: Navigating Market Shifts and Risk Exposure Dynamics
The landscape for Commercial Motor Vehicle Insurance continues to evolve with marked shifts in market conditions and operational exigencies. A core aspect of this evolution is palpable in the complex matrix of risk exposure involved in commercial vehicle operations. The scales of this exposure fluctuate with the factors ranging from...
Discover more insights -
Motorcycle Safety Gear: Exploring the Evolution and Dynamics of Premium Helmet Market
The premium motorcycle helmet market has experienced substantial evolution driven by technological advancements, safety regulations, and the rising demands of discerning consumers. Increasing knowledge about head injuries and their long-term consequences intensified the focus on safety features and established it as a differentiation criterion among premium products. Customers willingness to...
Discover more insights -
Exploring the Dynamics of the Global Auto Extended Warranty Market
The increased demand for auto extended warranties can be traced back to rising car prices and the consumers desire for security against unforeseen expenses. As vehicles become more technologically advanced and expensive, the cost of potential repairs rises, making warranty coverage a preferred security measure amongst countless car owners. This...
Discover more insights -
Commercial Insurance: Decoding Industry Dynamics and Global Trends for Strategic Planning
Several factors play pivotal roles in shaping the dynamics of the corporate coverage sector. Foremost among these is the constantly-evolving regulatory landscape, changes to which insurers must keep pace with to avoid risk exposure and operational disruption. Technological innovation is another vital determinant, enabling sophisticated products and streamlined service delivery....
Discover more insights -
Decoding the Future of Usage-Based Insurance: Key Trends and Opportunities Revealed
The surge of Usage-Based Insurance (UBI) can be primarily attributed to advancements in technology. The increased accessibility and accuracy of telematics and IoT enables insurers to collect and assess granular-level data related to individual driving behavior and vehicle usage. Additionally, the growing popularity of the sharing economy plays a significant...
Discover more insights