Motorcycle Insurance in Australia - IBISWorld Industry Market Research

Motorcycle Insurance in Australia

Motorcycle Insurance in Australia - IBISWorld Industry Market Research
Motorcycle Insurance in Australia
Published Sep 01, 2015
31 pages — Published Sep 01, 2015
Price US$ 910.00  |  Buy this Report Now

About This Report

  
Abstract:

Despite the uncertain economic climate, the Motorcycle Insurance industry has been growing at a strong pace over the past five years. Consumers have taken up motorcycles as the rising world price of crude oil has made the upkeep of cars more expensive. More people have been adopting motorcycles as their main form of transport, which has contributed to the strong growth of the industry over the past five years. This trend has been most significant in the eastern seaboard capital cities, which have larger populations and more traffic congestion. These conditions have prompted consumers to purchase motorcycles for increased manoeuvrability and ease of parking.

This industry underwrites (i.e. assuming the risk and assigning premiums) motorcycle insurance policies. Motorcycle insurance provides financial protection against physical damage to the vehicle and bodily injury resulting from traffic collisions. It can also protect against resulting liability.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

  
Source:
Document ID
OD4160
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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

  
MLA:
IBISWorld Industry Market Research. "Motorcycle Insurance in Australia" Sep 01, 2015. Alacra Store. Dec 08, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Motorcycle-Insurance-in-Australia-2042-3271>
  
APA:
IBISWorld Industry Market Research. (2015). Motorcycle Insurance in Australia Sep 01, 2015. New York, NY: Alacra Store. Retrieved Dec 08, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Motorcycle-Insurance-in-Australia-2042-3271>
  
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