February 24, 2025

Vehicle Roadside Assistance Market to Reach USD 43.80 Billion by 2034.

The global vehicle roadside assistance market, valued at USD 26.19 billion in 2024, is expected to reach USD 43.80 billion by 2034, growing at a CAGR of 5.27%.

Vehicle Roadside Assistance Market Size 2025 to 2034

The Vehicle Roadside Assistance Market is growing as the demand for on-demand support services increases. These services provide motorists with help in emergencies, such as breakdowns, flat tires, or accidents. With advancements in mobile technology and telematics, roadside assistance is becoming more accessible, efficient, and timely. The increasing number of vehicles on the road, coupled with rising concerns for safety and convenience, is driving the market’s growth. Additionally, many service providers are expanding their offerings to include advanced solutions such as real-time tracking, battery jump-starts, and towing services, further enhancing their value. As consumer expectations for reliable, immediate service continue to rise, the market is projected to expand significantly in the coming years.

Vehicle Roadside Market Key Insights

  • Europe accounted for over 38% of the revenue share in 2024.
  • The towing service segment held the largest revenue share in the global market in 2023.
  • The auto manufacturer segment is expected to dominate the market in the forecast period.
  • Passenger vehicles hold a significant revenue share in the market.

Vehicle Roadside Market Scope

Report ScopeDetails
Market Size in 2025USD 27.58 Billion
Market Size By 2034USD 43.80 Billion
Growth Rate from 2024 to 2033CAGR of 5.27%
Largest MarketEurope
Base Year2024
Fastest Growing RegionEurope
Segments CoveredService, Providers, Vehicle, and Region
Regions CoveredNorth America, Europe, Asia-Pacific, Latin America and Middle East & Africa

Market Drivers

The Vehicle Roadside Assistance Market is driven by several key factors, including the growing number of vehicles on the road, which increases the need for emergency services. As more people rely on their cars for daily commuting, the demand for quick and reliable roadside assistance services is rising. Technological advancements such as mobile apps, real-time tracking, and telematics are enhancing the efficiency and convenience of these services, making them more accessible to consumers. The rise in insurance partnerships is also fueling the market, as many insurance policies now include roadside assistance as a standard feature. Additionally, the growing awareness of safety and the desire for peace of mind during vehicle breakdowns are encouraging more drivers to seek these services, further driving market growth.

Opportunities

  • Growing demand for mobile-based and on-demand roadside assistance services.
  • Increasing adoption of telematics and IoT technology to improve service efficiency.
  • Expansion of partnerships between insurance companies and roadside assistance providers.
  • Rising vehicle ownership in emerging markets creating new revenue streams.
  • Development of advanced services like real-time tracking, battery diagnostics, and remote assistance.
  • Integration of electric vehicle (EV) roadside assistance to cater to the expanding EV market.

Challenges

  • High competition among service providers leading to price sensitivity.
  • Difficulty in maintaining a consistent service level in remote or underserved areas.
  • Dependence on third-party vendors for services like towing, which can affect reliability.
  • Regulatory challenges related to vehicle safety standards and insurance coverage.
  • Technological integration issues and the cost of updating systems to improve services.
  • Consumer concerns about data privacy and security in telematics-based services.

Regional Insights

The Vehicle Roadside Assistance Market is seeing varied growth across different regions. Europe holds a significant share of the market, accounting for over 38% of the global revenue in 2024, driven by high vehicle ownership and advanced infrastructure. North America, particularly the United States, has a well-established roadside assistance market, with major insurance companies offering these services as part of their coverage, contributing to steady growth.

In Asia Pacific, rapid urbanization and increasing vehicle sales are driving demand for roadside assistance, especially in countries like China and India, where the number of cars on the road is rising sharply. The Middle East and Africa are emerging markets for roadside assistance services, with a growing demand for convenience and safety features in the automotive sector. Latin America is also showing potential, although the market is developing more slowly due to economic factors and infrastructure challenges.

Read Also: Hydrogen Fuel Cell Vehicle Market

Market Companies

  • span wings
  • LY INC.
  • Twenty Four OTR Pvt Ltd
  • TVS Auto Assist India Limited
  • ASSURANT, INC.
  • RESCUE Vehicle Services Private Ltd.
  • Emirates Insurance Co. (PSC)

Recent Developments

Recent developments in the Vehicle Roadside Assistance Market reflect a growing trend toward integrating advanced technologies and expanding service offerings. The rise of mobile apps and telematics has transformed roadside assistance services, allowing customers to request help instantly and track service vehicles in real time. In addition, many roadside assistance providers are enhancing their services by integrating electric vehicle (EV) support, such as EV battery jump-starts and charging assistance, to cater to the increasing number of electric cars on the road.

Insurance companies are also increasingly partnering with roadside assistance providers to offer bundled services, improving convenience for consumers. Furthermore, the market is seeing innovations such as remote diagnostics, which allow service teams to assess a vehicle’s issue before arriving on-site, speeding up the response time. These advancements are driving greater customer satisfaction and are expected to further accelerate market growth.

Segments Covered in the Report

By Service

  • Tire Replacement
  • Towing
  • Jump Start/Pull Start
  • Fuel Delivery
  • Lockout/Replacement Key Service
  • Battery Assistance
  • Winch
  • Trip Routing/Navigational Assistance
  • Other Mechanic Service

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

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)