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September 01, 2010 06:38 AM Eastern Time 

Research and Markets: This Essential UK Extended Warranty Insurance 2010 Provides a Detailed Overview of the Extended Warranty Market

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/87acaf/uk_extended_warran) has announced the addition of the "UK Extended Warranty Insurance 2010" report to their offering.

UK Extended Warranty Insurance 2010 provides a detailed overview of the extended warranty market. The report is divided into two core segments: private motor and household electricals extended warranty. Both sections examine the total market size, retail sales, profitability, claims, distribution, key competitors and forecasts.

Scope

  • Information and data on the attractiveness of the motor and electricals extended warranty market.
  • Detailed car parc and electrical retail data.
  • An overview of the market structure and competitors that are active in this space.
  • An insight into how industry players view this market taken from in-depth interviews.

Highlights of this title

  • The total private motor extended market grew marginally by 1.6% during 2009. Datamonitor has noticed that some dealers which sell motor EW have been more vigorous in the up-selling of this product, as they have experienced a significant fall in car sales and so need to seek other non-sales related revenue.
  • The white goods electricals extended warranty market is the largest because penetration rates are highest in this sector, with many providers estimating penetration at around 25%.
  • Most extended warranty policies are sold at point of sale, although post point of sale sellers are growing in size because customers are researching online for the cheapest coverage.

Key reasons to purchase this title

  • Understand the extended warranty market and which companies sell this product.
  • Get to grips with the size of the market and how it is anticipated to grow in the future.
  • Make decisions based on detailed statistics taken from a wide array of sources including The sister company Verdict Research.

Key Topics Covered:

  • Overview
  • Catalyst
  • Summary
  • Executive Summary
  • The market is divided into private motor and household electricals extended warranty
  • The private motor EW market grew slightly in 2009
  • Motor EW sales have held up well against the weak used car market
  • The household electricals EW market is considerably larger at 1.2 billion
  • UK consumer expenditure on electrical goods fell by 7% to 20 billion in 2009
  • Most extended warranty policies are sold at point-of-sale
  • New and used car dealers account for the vast majority of motor EW policies sold
  • Electricals EW is distributed mainly at POS by retailers
  • However, the post-POS market is growing in importance
  • The future of EW sales depend heavily on the state of the car and electricals markets
  • A resurgence in used car sales will drive growth in the private motor extended warranty market
  • The take-up of electricals EW will be low as the electrical retail market will remain weak

For more information visit http://www.researchandmarkets.com/research/87acaf/uk_extended_warran

Source: Datamonitor

Contacts

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

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