Latin America Vehicle Roadside Assistance Market Size & Outlook
The vehicle roadside assistance market in Latin America is expected to reach a projected revenue of US$ 1,823.1 million by 2030. A compound annual growth rate of 4.7% is expected of Latin America vehicle roadside assistance market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,389.7
Forecast, 2030 (US$M)
$1,823.1
CAGR, 2025 - 2030
4.7%
Report Coverage
Latin America
Latin America vehicle roadside assistance market, 2018-2030 (US$M)
Related Markets
Latin America vehicle roadside assistance market highlights
- The Latin America vehicle roadside assistance market generated a revenue of USD 1,389.7 million in 2024.
- The market is expected to grow at a CAGR of 4.7% from 2025 to 2030.
- In terms of segment, towing was the largest revenue generating service type in 2024.
- Tire Replacement is the most lucrative service type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 1,389.7 million |
| Market revenue in 2030 | USD 1,823.1 million |
| Growth rate | 4.7% (CAGR from 2025 to 2030) |
| Largest segment | Towing |
| Fastest growing segment | Tire Replacement |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Towing, Tire Replacement, Fuel Delivery, Lockout/Replacement Key Service, Battery Assistance |
| Key market players worldwide | GEICO, ARC Europe, Allstate Corp, Agero, Prime Assistance, SOS International A/S, Allianz Partners, American Automobile Association, Best Roadside Service, Liberty Mutual Insurance, Chevrolet, Ford Motor Co, Nissan Motor Co Ltd |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.2% of the global vehicle roadside assistance market in 2024.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,025.2 million by 2030.
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Vehicle Roadside Assistance Market Scope
Vehicle roadside assistance market segmentation & scope
Others
Vehicle Roadside Assistance Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America vehicle roadside assistance market size, by country, 2018-2030 (US$M)
Latin America Vehicle Roadside Assistance Market Outlook Share, 2024 & 2030 (US$M)
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