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Home Warranty Service Market by Distribution Channel, Type, Application, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030

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    Report

  • 160 Pages
  • February 2022
  • Region: Global
  • Allied Market Research
  • ID: 5578229
The home warranty service market was valued at $7,315.1 million in 2020, and is expected to reach $13,611.2 million by 2030, registering a CAGR of 6.3% from 2021 to 2030. Home warranty services cover the cost of structural defects in homes caused due to natural calamities or poor construction quality. Homeowners offer policies that involve the construction of up to 10 years of structural defects, which may include flooring, walls, roof, fence, and sheetrock. Housing warranties further include a two-year coverage for electrical and plumbing systems as well as six months of household appliances. The cost of a building warranty policy is often part of the price of a new home. Home warranty providers may deny coverage for any reason. Some already existing damages that are caused before buying the warranty coverage are not covered under the scheme. For this reason, a pre-purchase home inspection reveals damage to other systems or equipment. . Moreover, the warranty company will not cover items that have been misused, improperly installed, or improperly used.



The growth of the global home warranty service market is majorly driven by rise in need for protection of expensive appliances such as refrigerators; heating, ventilation, and air conditioning (HVAC) systems; dishwashers; ovens; cook tops; plumbing; and electrical systems. This helps in maintenance and servicing of appliances and systems in home. In addition, rise in awareness for warranty services is driving the market growth in tire 2 and tire 3 cities. This awareness is leading to increase in subscription of home warranty services with services providers. However, hidden charges at the time of actually warranty claim and stringent terms & conditions of service providers restraint the market growth.

On the contrary, increase in expenditure on home services majorly in the developing countries such as China, India, and Brazil is anticipated to open new avenues for the growth of the home warranty service market during the forecast period.

The global home warranty service market is segmented into distribution channel, type, sales channel, application, and region. On the basis of distribution channel, the market is categorized into brokers, agents & branches, and others. Depending on type, it is bifurcated into home systems and appliances. By application, it is segregated into residential and commercial. As per sales channel, it is fragmented into renewals, home resale, and direct to consumer. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, Italy, UK, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Competition Analysis

The major players profiled in the home warranty service market include AFC Home Club, Cinch Home Services, Inc., First American Home Warranty, FNHW (Fidelity National Home Warranty), Frontdoor, Inc., Home Buyers Warranty Corporation, Landmark Home Warranty, Old Republic International Corporation, Oneguard Home Warranties, and Transforms SR Brands LLC companies in the market have adopted product launch and business expansion as their key developmental strategies to offer better products and services to customers in the home warranty service market.

KEY BENEFITS FOR STAKEHOLDERS

  • The report provides an extensive analysis of the current trends, future estimations, and dynamics of the home warranty service market
  • In-depth home warranty service market analysis is conducted by estimations for the key segments between 2021 and 2030
  • Extensive analysis of the market is conducted by following key product positioning and monitoring of top competitors within the market framework
  • A comprehensive analysis of four major regions is provided to determine the prevailing opportunities
  • The market forecast analysis from 2021 to 2030 is included in the report
  • The key market players operating in the market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the market industry

KEY MARKET SEGMENTS


By Distribution Channel

  • Brokers
  • Agents & Branches
  • Others

By Type

  • Home System
  • Appliance

By Application

  • Residential
  • Commercial

By Sales Channel

  • Renewals
  • Home Resale
  • Direct to Customer

By Region

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Players

  • AFC Home Club
  • Cinch Home Services, Inc
  • First American Home Warranty
  • FNHW (Fidelity National Home Warranty)
  • Frontdoor, Inc
  • Home Buyers Warranty Corporation
  • Landmark Home Warranty
  • Old Republic International Corporation
  • Oneguard Home Warranties
  • Transforms SR Brands LLC
Frequently Asked Questions about the Home Warranty Service Market

What is the estimated value of the Home Warranty Service Market?

The Home Warranty Service Market was estimated to be valued at $7315.1 million in 2020.

What is the growth rate of the Home Warranty Service Market?

The growth rate of the Home Warranty Service Market is 6.4%, with an estimated value of $13611.2 million by 2030.

What is the forecasted size of the Home Warranty Service Market?

The Home Warranty Service Market is estimated to be worth $13611.2 million by 2030.

Who are the key companies in the Home Warranty Service Market?

Key companies in the Home Warranty Service Market include AFC Home Club, Cinch Home Services, Inc., First American Home Warranty, FNHW (Fidelity National Home Warranty), Frontdoor, Inc., Home Buyers Warranty Corporation, Landmark Home Warranty, Old Republic International Corporation and Transforms SR Brands LLC..

Table of Contents

Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
Chapter 2: Executive Summary
2.1. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Market Player Positioning
3.3. Key Forces Shaping Home Warranty Service Industry
3.4. Market Dynamics
3.4.1. Drivers
3.4.1.1. Protection of Expensive Appliances
3.4.1.2. Rise in Awareness for Home Warranty Services
3.4.2. Restraint
3.4.2.1. Hidden Charges and Terms & Conditions Associated With Warranty Services
3.4.3. Opportunity
3.4.3.1. Increase in Expenditure on Home Services in Emerging Countries
3.5. Covid-19 Impact Analysis
Chapter 4: Home Warranty Service Market, by Distribution Channel
4.1. Market Overview
4.1.1. Market Size and Forecast, by Distribution Channel
4.2. Brokers
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Analysis, by Country
4.3. Agents & Branches
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Analysis, by Country
4.4. Others
4.4.1. Key Market Trends, Growth Factors, and Opportunities
4.4.2. Market Size and Forecast, by Region
4.4.3. Market Analysis, by Country
Chapter 5: Home Warranty Service Market, by Type
5.1. Market Overview
5.1.1. Market Size and Forecast, by Type
5.2. Home System
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Analysis, by Country
5.3. Appliance
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Analysis, by Country
Chapter 6: Home Warranty Service Market, by Application
6.1. Market Overview
6.1.1. Market Size and Forecast, by Application
6.2. Residential
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Region
6.2.3. Market Analysis, by Country
6.3. Commercial
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, by Region
6.3.3. Market Analysis, by Country
Chapter 7: Home Warranty Service Market, by Sales Channel
7.1. Market Overview
7.1.1. Market Size and Forecast, by Sales Channel
7.2. Renewals
7.2.1. Key Market Trends, Growth Factors, and Opportunities
7.2.2. Market Size and Forecast, by Region
7.2.3. Market Analysis, by Country
7.3. Home Resales
7.3.1. Key Market Trends, Growth Factors, and Opportunities
7.3.2. Market Size and Forecast, by Region
7.3.3. Market Analysis, by Country
7.4. Direct to Consumer
7.4.1. Key Market Trends, Growth Factors, and Opportunities
7.4.2. Market Size and Forecast, by Region
7.4.3. Market Analysis, by Country
Chapter 8: Home Warranty Service Market, by Region
8.1. Market Overview
8.1.1. Market Size and Forecast, by Region
8.2. North America
8.2.1. Key Market Trends, Growth Factors, and Opportunities
8.2.2. Market Size and Forecast, by Distribution Channel
8.2.3. Market Size and Forecast, by Type
8.2.4. Market Size and Forecast, by Application
8.2.5. Market Size and Forecast, by Sales Channel
8.2.6. Market Size and Forecast, by Country
8.2.6.1. U. S.
8.2.6.1.1. Market Size and Forecast, by Distribution Channel
8.2.6.1.2. Market Size and Forecast, by Type
8.2.6.1.3. Market Size and Forecast, by Application
8.2.6.1.4. Market Size and Forecast, by Sales Channel
8.2.6.2. Canada
8.2.6.2.1. Market Size and Forecast, by Distribution Channel
8.2.6.2.2. Market Size and Forecast, by Type
8.2.6.2.3. Market Size and Forecast, by Application
8.2.6.2.4. Market Size and Forecast, by Sales Channel
8.2.6.3. Mexico
8.2.6.3.1. Market Size and Forecast, by Distribution Channel
8.2.6.3.2. Market Size and Forecast, by Type
8.2.6.3.3. Market Size and Forecast, by Application
8.2.6.3.4. Market Size and Forecast, by Sales Channel
8.3. Europe
8.3.1. Key Market Trends, Growth Factors, and Opportunities
8.3.2. Market Size and Forecast, by Distribution Channel
8.3.3. Market Size and Forecast, by Type
8.3.4. Market Size and Forecast, by Application
8.3.5. Market Size and Forecast, by Sales Channel
8.3.6. Market Size and Forecast, by Country
8.3.6.1. Germany
8.3.6.1.1. Market Size and Forecast, by Distribution Channel
8.3.6.1.2. Market Size and Forecast, by Type
8.3.6.1.3. Market Size and Forecast, by Application
8.3.6.1.4. Market Size and Forecast, by Sales Channel
8.3.6.2. Uk
8.3.6.2.1. Market Size and Forecast, by Distribution Channel
8.3.6.2.2. Market Size and Forecast, by Type
8.3.6.2.3. Market Size and Forecast, by Application
8.3.6.2.4. Market Size and Forecast, by Sales Channel
8.3.6.3. France
8.3.6.3.1. Market Size and Forecast, by Distribution Channel
8.3.6.3.2. Market Size and Forecast, by Type
8.3.6.3.3. Market Size and Forecast, by Application
8.3.6.3.4. Market Size and Forecast, by Sales Channel
8.3.6.4. Italy
8.3.6.4.1. Market Size and Forecast, by Distribution Channel
8.3.6.4.2. Market Size and Forecast, by Type
8.3.6.4.3. Market Size and Forecast, by Application
8.3.6.4.4. Market Size and Forecast, by Sales Channel
8.3.6.5. Rest of Europe
8.3.6.5.1. Market Size and Forecast, by Distribution Channel
8.3.6.5.2. Market Size and Forecast, by Type
8.3.6.5.3. Market Size and Forecast, by Application
8.3.6.5.4. Market Size and Forecast, by Sales Channel
8.4. Asia-Pacific
8.4.1. Key Market Trends, Growth Factors, and Opportunities
8.4.2. Market Size and Forecast, by Distribution Channel
8.4.3. Market Size and Forecast, by Type
8.4.4. Market Size and Forecast, by Application
8.4.5. Market Size and Forecast, by Sales Channel
8.4.6. Market Size and Forecast, by Country
8.4.6.1. China
8.4.6.1.1. Market Size and Forecast, by Distribution Channel
8.4.6.1.2. Market Size and Forecast, by Type
8.4.6.1.3. Market Size and Forecast, by Application
8.4.6.1.4. Market Size and Forecast, by Sales Channel
8.4.6.2. Japan
8.4.6.2.1. Market Size and Forecast, by Distribution Channel
8.4.6.2.2. Market Size and Forecast, by Type
8.4.6.2.3. Market Size and Forecast, by Application
8.4.6.2.4. Market Size and Forecast, by Sales Channel
8.4.6.3. South Korea
8.4.6.3.1. Market Size and Forecast, by Distribution Channel
8.4.6.3.2. Market Size and Forecast, by Type
8.4.6.3.3. Market Size and Forecast, by Application
8.4.6.3.4. Market Size and Forecast, by Sales Channel
8.4.6.4. India
8.4.6.4.1. Market Size and Forecast, by Distribution Channel
8.4.6.4.2. Market Size and Forecast, by Type
8.4.6.4.3. Market Size and Forecast, by Application
8.4.6.4.4. Market Size and Forecast, by Sales Channel
8.4.6.5. Rest of Asia-Pacific
8.4.6.5.1. Market Size and Forecast, by Distribution Channel
8.4.6.5.2. Market Size and Forecast, by Type
8.4.6.5.3. Market Size and Forecast, by Application
8.4.6.5.4. Market Size and Forecast, by Sales Channel
8.5. Lamea
8.5.1. Key Market Trends, Growth Factors, and Opportunities
8.5.2. Market Size and Forecast, by Distribution Channel
8.5.3. Market Size and Forecast, by Type
8.5.4. Market Size and Forecast, by Application
8.5.5. Market Size and Forecast, by Sales Channel
8.5.6. Market Size and Forecast, by Country
8.5.6.1. Latin America
8.5.6.1.1. Market Size and Forecast, by Distribution Channel
8.5.6.1.2. Market Size and Forecast, by Type
8.5.6.1.3. Market Size and Forecast, by Application
8.5.6.1.4. Market Size and Forecast, by Sales Channel
8.5.6.2. Middle East
8.5.6.2.1. Market Size and Forecast, by Distribution Channel
8.5.6.2.2. Market Size and Forecast, by Type
8.5.6.2.3. Market Size and Forecast, by Application
8.5.6.2.4. Market Size and Forecast, by Sales Channel
8.5.6.3. Africa
8.5.6.3.1. Market Size and Forecast, by Distribution Channel
8.5.6.3.2. Market Size and Forecast, by Type
8.5.6.3.3. Market Size and Forecast, by Application
8.5.6.3.4. Market Size and Forecast, by Sales Channel
Chapter 9: Company Profiles
9.1. Afc Home Club
9.1.1. Company Overview
9.1.2. Key Executives
9.1.3. Company Snapshot
9.1.4. Operating Business Segments
9.1.5. Product Portfolio
9.2. Cinch Home Services, Inc.
9.2.1. Company Overview
9.2.2. Key Executives
9.2.3. Company Snapshot
9.2.4. Operating Business Segments
9.2.5. Product Portfolio
9.2.6. Key Strategic Moves and Developments
9.3. First American Home Warranty Corporation
9.3.1. Company Overview
9.3.2. Key Executives
9.3.3. Company Snapshot
9.3.4. Operating Business Segments
9.3.5. Product Portfolio
9.3.6. Business Performance
9.3.7. Key Strategic Moves and Developments
9.4. Fnhw
9.4.1. Company Overview
9.4.2. Key Executives
9.4.3. Company Snapshot
9.4.4. Operating Business Segments
9.4.5. Product Portfolio
9.5. Frontdoor, Inc. (American Home Shield Corporation)
9.5.1. Company Overview
9.5.2. Key Executives
9.5.3. Company Snapshot
9.5.4. Operating Business Segments
9.5.5. Product Portfolio
9.5.6. Business Performance
9.5.7. Key Strategic Moves and Developments
9.6. Home Buyers Warranty Corporation
9.6.1. Company Overview
9.6.2. Key Executives
9.6.3. Company Snapshot
9.6.4. Operating Business Segments
9.6.5. Product Portfolio
9.6.6. Key Strategic Moves and Developments
9.7. Landmark Home Warranty
9.7.1. Company Overview
9.7.2. Key Executives
9.7.3. Company Snapshot
9.7.4. Operating Business Segments
9.7.5. Product Portfolio
9.8. Old Republic International Corporation
9.8.1. Company Overview
9.8.2. Key Executives
9.8.3. Company Snapshot
9.8.4. Operating Business Segments
9.8.5. Product Portfolio
9.8.6. Business Performance
9.8.7. Key Strategic Moves and Developments
9.9. Oneguard Home Warranties
9.9.1. Company Overview
9.9.2. Key Executives
9.9.3. Company Snapshot
9.9.4. Operating Business Segments
9.9.5. Product Portfolio
9.10. Transform Sr Brands LLC
9.10.1. Company Overview
9.10.2. Company Snapshot
9.10.3. Operating Business Segments
9.10.4. Product Portfolio
List of Tables
Table 01. Home Warranty Service Market Revenue, by Distribution Channel, 2020-2030 ($Million)
Table 02. Home Warranty Service Market Revenue for Brokers, by Region, 2020-2030 ($Million)
Table 03. Home Warranty Service Market Revenue for Agents & Branches, by Region, 2020-2030 ($Million)
Table 04. Home Warranty Service Market Revenue for Others, by Region, 2020-2030 ($Million)
Table 05. Home Warranty Service Market Revenue, by Type, 2020-2030 ($Million)
Table 06. Home Warranty Service Market Revenue for Home-System Me, by Region, 2020-2030 ($Million)
Table 07. Home Warranty Service Market Revenue for Appliance, by Region, 2020-2030 ($Million)
Table 08. Home Warranty Service Market Revenue, by Application, 2020-2030 ($Million)
Table 09. Home Warranty Service Market Revenue for Residential Applications, by Region, 2020-2030 ($Million)
Table 10. Home Warranty Service Market Revenue for Commercial Applications, by Region, 2020-2030 ($Million)
Table 11. Home Warranty Service Market Revenue, by Sales Channel, 2020-2030 ($Million)
Table 12. Home Warranty Service Market Revenue for Renewals, by Region, 2020-2030 ($Million)
Table 13. Home Warranty Service Market Revenue for Home Resales, by Region, 2020-2030 ($Million)
Table 14. Home Warranty Service Market Revenue for Direct to Consumer, by Region, 2020-2030 ($Million)
Table 15. Home Warranty Service Market, by Region, 2020-2030 ($Million)
Table 16. North America Home Warranty Service Market, by Distribution Channel, 2020-2030 ($Million)
Table 17. North America Home Warranty Service Market, by Type, 2020-2030 ($Million)
Table 18. North America Home Warranty Service Market, by Application, 2020-2030 ($Million)
Table 19. North America Home Warranty Service Market, by Sales Channel, 2020-2030 ($Million)
Table 20. North America Home Warranty Service Market, by Country, 2020-2030 ($Million)
Table 21. U.S Home Warranty Service Market, by Distribution Channel, 2020-2030 ($Million)
Table 22. U.S Home Warranty Service Market, by Type, 2020-2030 ($Million)
Table 23. U.S Home Warranty Service Market, by Application, 2020-2030 ($Million)
Table 24. U.S Home Warranty Service Market, by Sales Channel, 2020-2030 ($Million)
Table 25. Canada Home Warranty Service Market, by Distribution Channel, 2020-2030 ($Million)
Table 26. Canada Home Warranty Service Market, by Type, 2020-2030 ($Million)
Table 27. Canada Home Warranty Service Market, by Application, 2020-2030 ($Million)
Table 28. Canada Home Warranty Service Market, by Sales Channel, 2020-2030 ($Million)
Table 29. Mexico Home Warranty Service Market, by Distribution Channel, 2020-2030 ($Million)
Table 30. Mexico Home Warranty Service Market, by Type, 2020-2030 ($Million)
Table 31. Mexico Home Warranty Service Market, by Application, 2020-2030 ($Million)
Table 32. Mexico Home Warranty Service Market, by Sales Channel, 2020-2030 ($Million)
Table 33. Europe Home Warranty Service Market, by Distribution Channel, 2020-2030 ($Million)
Table 34. Europe Home Warranty Service Market, by Type, 2020-2030 ($Million)
Table 35. Europe Rica Home Warranty Service Market, by Application, 2020-2030 ($Million)
Table 36. Europe Home Warranty Service Market, by Sales Channel, 2020-2030 ($Million)
Table 37. Europe Home Warranty Service Market, by Country, 2020-2030 ($Million)
Table 38. Germany Home Warranty Service Market, by Distribution Channel, 2020-2030 ($Million)
Table 39. Germany Home Warranty Service Market, by Type, 2020-2030 ($Million)
Table 40. Germany Home Warranty Service Market, by Application, 2020-2030 ($Million)
Table 41. Germany Home Warranty Service Market, by Sales Channel, 2020-2030 ($Million)
Table 42. Uk Home Warranty Service Market, by Distribution Channel, 2020-2030 ($Million)
Table 43. Uk Home Warranty Service Market, by Type, 2020-2030 ($Million)
Table 44. Uk Home Warranty Service Market, by Application, 2020-2030 ($Million)
Table 45. Uk Home Warranty Service Market, by Sales Channel, 2020-2030 ($Million)
Table 46. France Home Warranty Service Market, by Distribution Channel, 2020-2030 ($Million)
Table 47. France Home Warranty Service Market, by Type, 2020-2030 ($Million)
Table 48. France Home Warranty Service Market, by Application, 2020-2030 ($Million)
Table 49. France Home Warranty Service Market, by Sales Channel, 2020-2030 ($Million)
Table 50. Italy Home Warranty Service Market, by Distribution Channel, 2020-2030 ($Million)
Table 51. Italy Home Warranty Service Market, by Type, 2020-2030 ($Million)
Table 52. Italy Home Warranty Service Market, by Application, 2020-2030 ($Million)
Table 53. Italy Home Warranty Service Market, by Sales Channel, 2020-2030 ($Million)
Table 54. Rest of Europe Home Warranty Service Market, by Distribution Channel, 2020-2030 ($Million)
Table 55. Rest of Europe Home Warranty Service Market, by Type, 2020-2030 ($Million)
Table 56. Rest of Europe Home Warranty Service Market, by Application, 2020-2030 ($Million)
Table 57. Rest of Europe Home Warranty Service Market, by Sales Channel, 2020-2030 ($Million)
Table 58. Asia-Pacific Home Warranty Service Market, by Distribution Channel, 2020-2030 ($Million)
Table 59. Asia-Pacific Home Warranty Service Market, by Type, 2020-2030 ($Million)
Table 60. Asia-Pacific Home Warranty Service Market, by Application, 2020-2030 ($Million)
Table 61. Asia-Pacific Home Warranty Service Market, by Sales Channel, 2020-2030 ($Million)
Table 62. Asia-Pacific Home Warranty Service Market, by Country, 2020-2030 ($Million)
Table 63. China Home Warranty Service Market, by Distribution Channel, 2020-2030 ($Million)
Table 64. China Home Warranty Service Market, by Type, 2020-2030 ($Million)
Table 65. China Home Warranty Service Market, by Application, 2020-2030 ($Million)
Table 66. China Home Warranty Service Market, by Sales Channel, 2020-2030 ($Million)
Table 67. Japan Home Warranty Service Market, by Distribution Channel, 2020-2030 ($Million)
Table 68. Japan Home Warranty Service Market, by Type, 2020-2030 ($Million)
Table 69. Japan Home Warranty Service Market, by Application, 2020-2030 ($Million)
Table 70. Japan Home Warranty Service Market, by Sales Channel, 2020-2030 ($Million)
Table 71. South Korea Home Warranty Service Market, by Distribution Channel, 2020-2030 ($Million)
Table 72. South Korea Home Warranty Service Market, by Type, 2020-2030 ($Million)
Table 73. South Korea Home Warranty Service Market, by Application, 2020-2030 ($Million)
Table 74. South Korea Home Warranty Service Market, by Sales Channel, 2020-2030 ($Million)
Table 75. India Home Warranty Service Market, by Distribution Channel, 2020-2030 ($Million)
Table 76. India Home Warranty Service Market, by Type, 2020-2030 ($Million)
Table 77. India Home Warranty Service Market, by Application, 2020-2030 ($Million)
Table 78. India Home Warranty Service Market, by Sales Channel, 2020-2030 ($Million)
Table 79. Rest of Asia-Pacific Home Warranty Service Market, by Distribution Channel, 2020-2030 ($Million)
Table 80. Rest of Asia-Pacific Home Warranty Service Market, by Type, 2020-2030 ($Million)
Table 81. Rest of Asia-Pacific Home Warranty Service Market, by Application, 2020-2030 ($Million)
Table 82. Rest of Asia-Pacific Home Warranty Service Market, by Sales Channel, 2020-2030 ($Million)
Table 83. Lamea Home Warranty Service Market, by Distribution Channel, 2020-2030 ($Million)
Table 84. Lamea Home Warranty Service Market, by Type, 2020-2030 ($Million)
Table 85. Lamea Home Warranty Service Market, by Application, 2020-2030 ($Million)
Table 86. Lamea Home Warranty Service Market, by Sales Channel, 2020-2030 ($Million)
Table 87. Lamea Home Warranty Service Market, by Country, 2020-2030 ($Million)
Table 88. Latin America Home Warranty Service Market, by Distribution Channel, 2020-2030 ($Million)
Table 89. Latin America Home Warranty Service Market, by Type, 2020-2030 ($Million)
Table 90. Latin America Home Warranty Service Market, by Application, 2020-2030 ($Million)
Table 91. Latin America Home Warranty Service Market, by Sales Channel, 2020-2030 ($Million)
Table 92. Middle East Home Warranty Service Market, by Distribution Channel, 2020-2030 ($Million)
Table 93. Middle East Home Warranty Service Market, by Type, 2020-2030 ($Million)
Table 94. Middle East Home Warranty Service Market, by Application, 2020-2030 ($Million)
Table 95. Middle East Home Warranty Service Market, by Sales Channel, 2020-2030 ($Million)
Table 96. Africa Home Warranty Service Market, by Distribution Channel, 2020-2030 ($Million)
Table 97. Africa Home Warranty Service Market, by Type, 2020-2030 ($Million)
Table 98. Africa Home Warranty Service Market, by Application, 2020-2030 ($Million)
Table 99. Africa Home Warranty Service Market, by Sales Channel, 2020-2030 ($Million)
Table 100. Afc Home Club: Key Executives
Table 101. Afc Home Club: Company Snapshot
Table 102. Afc Home Club: Operating Segments
Table 103. Afc Home Club: Product Portfolio
Table 104. Cinch Home Services, Inc. : Key Executives
Table 105. Cinch Home Services, Inc. : Company Snapshot
Table 106. Cinch Home Services, Inc. : Operating Segments
Table 107. Cinch Home Services, Inc. : Product Portfolio
Table 108. First American Hone Warranty: Key Executives
Table 109. First American Home Warranty: Company Snapshot
Table 110. First American Home Warranty: Operating Segments
Table 111. First American Home Warranty: Product Portfolio
Table 112. Fnhw: Key Executives
Table 113. Fnhw: Company Snapshot
Table 114. Fnhw: Operating Segments
Table 115. Fnhw: Product Portfolio
Table 116. Frontdoor, Inc. : Key Executives
Table 117. Frontdoor, Inc. : Company Snapshot
Table 118. Frontdoor, Inc. : Operating Segments
Table 119. Frontdoor, Inc. : Product Portfolio
Table 120. Frontdoor, Inc. : Net Sales, 2018–2020 ($Million)
Table 121. Home Buyers Warranty Corporation: Key Executives
Table 122. Home Buyers Warranty Corporation: Company Snapshot
Table 123. Home Buyers Warranty Corporation: Operating Segments
Table 124. Home Buyers Warranty Corporation: Product Portfolio
Table 125. Landmark Home Warranty: Key Executives
Table 126. Landmark Home Warranty: Company Snapshot
Table 127. Homeserve plc: Operating Segments
Table 128. Landmark Home Warranty: Product Portfolio
Table 129. Old Republic International Corporation: Key Executives
Table 130. Old Republic International Corporation: Company Snapshot
Table 131. Old Republic International Corporation: Operating Segments
Table 132. Old Republic International Corporation: Product Portfolio
Table 133. Oneguard Home Warranties: Key Executives
Table 134. Oneguard Home Warranties: Company Snapshot
Table 135. Oneguard Home Warranties: Operating Segments
Table 137. Transforms Sr Brands LLC. : Key Executives
Table 138. Transforms Sr Brands LLC. : Company Snapshot
Table 139. Transforms Sr Brands LLC. : Operating Segments
Table 140. Transforms Sr Brands LLC. : Product Portfolio
List of Figures
Figure 01. Key Market Segments
Figure 02. Global Home Warranty Service Market Snapshot, by Segmentation, 2020–2030
Figure 03. Home Warranty Service Market Snapshot, by Country, 2020–2030
Figure 04. Global Home Warranty Service Market: Key Players
Figure 05. Top Investment Pockets
Figure 06. Market Player Positioning
Figure 07. Low-To-High Bargaining Power of Suppliers
Figure 08. Low-To-High Threat of New Entrants
Figure 09. Moderate-To-High Threat of Substitutes
Figure 10. Low-To-Moderate Bargaining Power of Buyers
Figure 11. Low-To-High Intensity of Rivalry
Figure 12. Market Dynamics
Figure 13. Global Home Warranty Service Market, by Distribution Channel, 2020-2030
Figure 14. Comparative Share Analysis of Home Warranty Service Market for Brokers, by Country, 2020 & 2030 (%)
Figure 15. Comparative Share Analysis of Home Warranty Service Market for Agents & Branches, by Country, 2020 & 2030 (%)
Figure 16. Comparative Share Analysis of Home Warranty Service Market for Others, by Country, 2020 & 2030 (%)
Figure 17. Global Home Warranty Service Market, by Type, 2020-2030
Figure 18. Comparative Share Analysis of Home Warranty Service Market for Home System, by Country, 2020 & 2030 (%)
Figure 19. Comparative Share Analysis of Home Warranty Service Market for Appliance, by Country, 2020 & 2030 (%)
Figure 20. Global Home Warranty Service Market, by Application, 2020-2030
Figure 21. Comparative Share Analysis of Home Warranty Service Market for Residential Applications, by Country, 2020 & 2030 (%)
Figure 22. Comparative Share Analysis of Home Warranty Service Market for Commercial Applications, by Country, 2020 & 2030 (%)
Figure 23. Global Home Warranty Service Market, by Sales Channel, 2020-2030
Figure 24. Comparative Share Analysis of Home Warranty Service Market for Renewals, by Country, 2020 & 2030 (%)
Figure 25. Comparative Share Analysis of Home Warranty Service Market for Home Resales, by Country, 2020 & 2030 (%)
Figure 26. Comparative Share Analysis of Home Warranty Service Market for Direct to Consumer, by Country, 2020 & 2030 (%)
Figure 27. Home Warranty Service Market, by Region, 2020-2030
Figure 28. U. S. Home Warranty Service Market Revenue, 2020-2030 ($ Million)
Figure 29. Canada Home Warranty Service Market Revenue, 2020-2030 ($ Million)
Figure 30. Mexico Home Warranty Service Market Revenue, 2020-2030 ($ Million)
Figure 31. Germany Home Warranty Service Market Revenue, 2020-2030 ($ Million)
Figure 32. Uk Home Warranty Service Market Revenue, 2020-2030 ($ Million)
Figure 33. France Home Warranty Service Market Revenue, 2020-2030 ($ Million)
Figure 34. Italy Home Warranty Service Market Revenue, 2020-2030 ($ Million)
Figure 35. Rest of Europe Home Warranty Service Market Revenue, 2020-2030 ($ Million)
Figure 36. China Home Warranty Service Market Revenue, 2020-2030 ($ Million)
Figure 37. Japan Home Warranty Service Market Revenue, 2020-2030 ($ Million)
Figure 38. South Korea Home Warranty Service Market Revenue, 2020-2030 ($ Million)
Figure 39. India Home Warranty Service Market Revenue, 2020-2030 ($ Million)
Figure 40. Rest of Asia-Pacific Home Warranty Service Market Revenue, 2020-2030 ($ Million)
Figure 41. Latin America Home Warranty Service Market Revenue, 2020-2030 ($ Million)
Figure 42. Middle East Home Warranty Service Market Revenue, 2020-2030 ($ Million)
Figure 43. Africa Home Warranty Service Market Revenue, 2020-2030 ($ Million)
Figure 44. First American Home Warranty: Net Sales, 2018–2020 ($ Million)
Figure 45. First American Home Warranty: Revenue Share by Segment, 2020 (%)
Figure 46. Old Republic International Corporation: Net Sales, 2018–2020 ($ Million)
Figure 47. Old Republic International Corporation: Revenue Share by Segment, 2020 (%)
Figure 48. Old Republic International Corporation: Revenue Share by Region, 2020 (%)

Executive Summary

According to a recent report titled, “Home Warranty Service Market by Distribution Channel, Type, Sales Channel and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the home warranty services market was valued at $7.3 billion in 2020, and is expected to reach $13.6 billion by 2030, registering a CAGR of 6.3% from 2021 to 2030.

Home warranty is a service offered by developers that cover the cost of structural defects in homes caused due to natural calamities or poor construction quality. It further covers repair and replacement costs of appliances such as fans, ACs, and fittings, which come with a furnished flat. When an appliance or system is damaged, the homeowner contacts the home warranty provider. The warranty company usually works in unison with one or more home service providers, such as plumbing or electrical contractors. After being notified of a claim, the warranty company requests services from one of its partnered providers, who will assess the damage and subsequently provide a report to the warrantor. The assessment report reveals the extent and potential causes of damage to the appliance. The home warranty company confirms if the policyholder’s contract covers the appliance or system for the assessed damage. If approved, the warrantor employs the contractor to repair or replace the system.

The growth of the home warranty service market is majorly driven benefits associated with warranty services such as protection of appliances and home systems in case of damage or breakdown as well as availability of free of cost service or minimal amount payment to servicing firms. In addition, rise in awareness among people to opt for home warranty services to prevent high repairing and maintenance costs of home systems and appliances notably contributes toward the growth of the global market. However, several hidden charges and implementation of terms & conditions by home warranty service providers make the service costly post maintenance or repair work is carried out. On the contrary, the expenditure on systems installed at homes and specific commercial spaces is being covered under home warranty services in emerging countries, which is expected to offer lucrative opportunities for the growth of the home warranty service market.

The global home warranty service market is segmented into distribution channel, type, sales channel, application, and region. On the basis of distribution channel, the market is segregated into brokers, agents & branches, and others. Depending on type, it is bifurcated into home systems and appliances. By application, it is fragmented into residential and commercial. As per sales channel, it is categorized into renewals, home resale, and direct to consumer. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, Italy, UK, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Key Findings Of The Study


  • By distribution channel, the brokers segment was the highest revenue contributor in 2020
  • Depending on type, the home system segment dominated the market in 2020
  • Depending on sales channel, the renewals segment dominated the market in 2020
  • On the basis of application, the residential led the market in 2020
  • Region, Asia-Pacific generated the highest revenue in 2020
  • The major players profiled in the home warranty service market include AFC Home Club, Cinch Home Services, Inc., First American Home Warranty, FNHW (Fidelity National Home Warranty), Frontdoor, Inc., Home Buyers Warranty Corporation, Landmark Home Warranty, Old Republic International Corporation, Oneguard Home Warranties, and Transforms SR Brands LLC These players have adopted product launch and business expansion as their key developmental strategies to offer better products and services to customers

Companies Mentioned

  • AFC Home Club
  • Cinch Home Services, Inc.
  • First American Home Warranty
  • FNHW (Fidelity National Home Warranty)
  • Frontdoor, Inc.
  • Home Buyers Warranty Corporation
  • Landmark Home Warranty
  • Old Republic International Corporation
  • Oneguard Home Warranties
  • Transforms SR Brands LLC.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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