Global Equipment Breakdown Insurance Market - Industry Analysis Size Share Growth Trends and Forecast 2024 - 2031

Product Description

Machinery Breakdown (MBD) MBD provides effective insurance cover for plant, machinery and mechanical equipment at work, at rest or during maintenance operations. It covers unforeseen and sudden physical loss of or damage to the insured items, necessitating their repair or replacement. The Equipment Breakdown Insurance market revenue was xx Million USD in 2019, grew to xx Million USD in 2023, and will reach xx Million USD in 2031, with a CAGR of xx during 2024-2031. Considering the influence of COVID-19 on the global Equipment Breakdown Insurance market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions. This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery. Under COVID-19 Outbreak, how the Equipment Breakdown Insurance Industry will develop is also analyzed in detail in Chapter 1.8 of this report. Major Players in Equipment Breakdown Insurance market are: Chubb Allied Insurance Nationwide Aon Erie Insurance FM Global Group Allianz Re Zurich Central Insurance Companies Liberty Mutual Safeco Insurance AXIS Capital CNA Insurance Travelers Insurance Swiss Re Westfield Insurance Aviva Munich Re Patriot Insurance Company Gulfstream Insurance AIG The Hartford Arch Capital Group Allstate AXA XL Most important types of Equipment Breakdown Insurance products covered in this report are: Original Insurer Direct Insurance Company Most widely used downstream fields of Equipment Breakdown Insurance market covered in this report are: Business Manufacturing Major Regions or countries covered in this report: North America Europe China Japan Middle East and Africa South America India South Korea Southeast Asia Others In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations. In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out. In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.