Market Overview:
The global automotive repair and maintenance services market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into automotive repair, automotive maintenance, automotive beauty, automotive modification and other services. The segment of automotive repair holds a comparatively larger share in global market which accounts for about 50%. This can be attributed to increase in number of vehicles across the globe and also rising awareness among consumers for maintaining their vehicles regularly. Passenger car dominates this sector with around 75% share in terms of applications followed by commercial vehicle.
Product Definition:
Automotive Repair and Maintenance Services is an industry that provides repair and maintenance services for automobiles. The importance of automotive repair and maintenance services is that it keeps automobiles running smoothly and helps to prevent major problems from occurring. Automotive repair and maintenance services can help to improve the fuel economy of a vehicle, extend the life of the vehicle, and provide peace of mind knowing that your car is being taken care of by professionals.
Automotive Repair:
Automotive repair and maintenance services are used to fix the damages done to vehicles by accidents, wear & tear or any other natural calamities. The automotive industry is growing at a rapid pace owing to factors such as increasing disposable income, population growth, urbanization and rising standard of living. This has led the demand for automobiles which in turn creates a need for more extensive repairs & maintenance services.
Automotive Maintenance:
Automotive maintenance is the systematic and continuous process of keeping a vehicle in top shape. It includes scheduled as well as unplanned activities that are performed on a vehicle to keep it running safely and efficiently. Maintenance helps reduce the wear & tear of components, increases fuel efficiency, ensures compliance with safety norms & regulations, and enhances overall performance.
Maintenance can be divided into two types: planned and unplanned. The planned maintenance includes services such as oil change etc.
Application Insights:
The commercial vehicle segment is expected to expand at the highest CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for trucks, buses, and coaches from rapidly growing population across the globe. In addition, governments are encouraging manufacturers by cutting down taxes on vehicles sold with advanced features such as navigation systems and Global Positioning Systems (GPS). This will encourage consumers to opt for these vehicles which in turn will fuel market growth over the next few years.
The other application segment includes off-roaders such as construction equipment and agricultural machinery along with luxury cars that require less frequent repairs compared to standard passenger cars or saloons. These types of vehicles repair cost is relatively higher than other two applications owing to complexity involved in servicing these machines., However, rising consumer preference towards luxury brands may increase their spending capacity thus resulting in increased demand for high end modified or customized cars.
Regional Analysis:
The market in Asia Pacific and Latin America is anticipated to grow at a significant rate over the forecast period. The growth of these regions can be attributed to increasing automobile production, especially in China and India. In 2017, passenger car production increased by 3% while commercial vehicle production grew by 4%. Furthermore, rising disposable income coupled with growing population will drive the demand for automobiles which will further propel market growth.
North America held a substantial share of about 27% in terms of revenue as well as applications in 2016 owing to high consumer preference towards automotive repair services due to increasing frequency of vehicle maintenance activities along with higher costs associated with vehicle maintenance services. However, lower share pertaining to modification may be attributed to consumers’ inclination towards customization rather than replacement., Automotive Modification), Beauty) And Other) Aspects).
Growth Factors:
- Increasing demand for automotive repair and maintenance services due to the increasing number of vehicles in operation.
- Growing popularity of do-it-yourself (DIY) automotive repair and maintenance, which is expected to result in increased competition among service providers.
- Proliferation of advanced technologies in the automotive industry, which is resulting in the need for more sophisticated and specialized automotive repair and maintenance services.
- Rising consumer awareness about the importance of preventive automotive maintenance, which is driving demand for more comprehensive service packages from service providers. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Repair and Maintenance Services Market Research Report
By Type
Automotive Repair, Automotive Maintenance, Automotive Beauty, Automotive Modification, Other, The segment of automotive repair holds a comparatively larger share in global market, which accounts for about 50%., Automotive Repair and Maintenance Service
By Application
Passenger Car, Commercial Vehicle, The passenger car holds an important share in terms of applications, and accounts for 75% of the market share.
By Companies
Autozone, Genuine Parts Company, Advance Auto Parts, O’Reilly Auto Parts, Belron International, Bosch, Driven Brands, China Grand Automotive, Zhongsheng Group, Michelin Tyreplus, Yongda Group, Monro, Firestone Complete Auto Care, Tuhu Auto, Goodyear Auto Service, Automotive Repair and Maintenance Service
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Repair and Maintenance Services Market Report Segments:
The global Automotive Repair and Maintenance Services market is segmented on the basis of:
Types
Automotive Repair, Automotive Maintenance, Automotive Beauty, Automotive Modification, Other, The segment of automotive repair holds a comparatively larger share in global market, which accounts for about 50%., Automotive Repair and Maintenance Service
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Car, Commercial Vehicle, The passenger car holds an important share in terms of applications, and accounts for 75% of the market share.
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Autozone
- Genuine Parts Company
- Advance Auto Parts
- O’Reilly Auto Parts
- Belron International
- Bosch
- Driven Brands
- China Grand Automotive
- Zhongsheng Group
- Michelin Tyreplus
- Yongda Group
- Monro
- Firestone Complete Auto Care
- Tuhu Auto
- Goodyear Auto Service
- Automotive Repair and Maintenance Service
Highlights of The Automotive Repair and Maintenance Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Automotive Repair
- Automotive Maintenance
- Automotive Beauty
- Automotive Modification
- Other
- The segment of automotive repair holds a comparatively larger share in global market, which accounts for about 50%.
- Automotive Repair and Maintenance Service
- By Application:
- Passenger Car
- Commercial Vehicle
- The passenger car holds an important share in terms of applications, and accounts for 75% of the market share.
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Repair and Maintenance Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive repair and maintenance services are a type of service that helps keep your car running smoothly. This includes everything from fixing small problems to more major repairs. Automotive repair and maintenance services can be expensive, but they're worth it if you depend on your car for transportation.
Some of the major companies in the automotive repair and maintenance services market are Autozone, Genuine Parts Company, Advance Auto Parts, O¢â‚¬â„¢Reilly Auto Parts, Belron International, Bosch, Driven Brands, China Grand Automotive, Zhongsheng Group, Michelin Tyreplus, Yongda Group, Monro, Firestone Complete Auto Care, Tuhu Auto, Goodyear Auto Service, Automotive Repair and Maintenance Service.
The automotive repair and maintenance services market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Repair and Maintenance Services Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automotive Repair and Maintenance Services Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automotive Repair and Maintenance Services Market - Supply Chain
4.5. Global Automotive Repair and Maintenance Services Market Forecast
4.5.1. Automotive Repair and Maintenance Services Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automotive Repair and Maintenance Services Market Size (000 Units) and Y-o-Y Growth
4.5.3. Automotive Repair and Maintenance Services Market Absolute $ Opportunity
5. Global Automotive Repair and Maintenance Services Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Automotive Repair and Maintenance Services Market Size and Volume Forecast by Type
5.3.1. Automotive Repair
5.3.2. Automotive Maintenance
5.3.3. Automotive Beauty
5.3.4. Automotive Modification
5.3.5. Other
5.3.6. The segment of automotive repair holds a comparatively larger share in global market, which accounts for about 50%.
5.3.7. Automotive Repair and Maintenance Service
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Automotive Repair and Maintenance Services Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Automotive Repair and Maintenance Services Market Size and Volume Forecast by Application
6.3.1. Passenger Car
6.3.2. Commercial Vehicle
6.3.3. The passenger car holds an important share in terms of applications, and accounts for 75% of the market share.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Automotive Repair and Maintenance Services Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Automotive Repair and Maintenance Services Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Automotive Repair and Maintenance Services Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Automotive Repair and Maintenance Services Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Automotive Repair and Maintenance Services Demand Share Forecast, 2019-2026
9. North America Automotive Repair and Maintenance Services Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Automotive Repair and Maintenance Services Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Automotive Repair and Maintenance Services Market Size and Volume Forecast by Application
9.4.1. Passenger Car
9.4.2. Commercial Vehicle
9.4.3. The passenger car holds an important share in terms of applications, and accounts for 75% of the market share.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Automotive Repair and Maintenance Services Market Size and Volume Forecast by Type
9.7.1. Automotive Repair
9.7.2. Automotive Maintenance
9.7.3. Automotive Beauty
9.7.4. Automotive Modification
9.7.5. Other
9.7.6. The segment of automotive repair holds a comparatively larger share in global market, which accounts for about 50%.
9.7.7. Automotive Repair and Maintenance Service
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Automotive Repair and Maintenance Services Demand Share Forecast, 2019-2026
10. Latin America Automotive Repair and Maintenance Services Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Automotive Repair and Maintenance Services Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Automotive Repair and Maintenance Services Market Size and Volume Forecast by Application
10.4.1. Passenger Car
10.4.2. Commercial Vehicle
10.4.3. The passenger car holds an important share in terms of applications, and accounts for 75% of the market share.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Automotive Repair and Maintenance Services Market Size and Volume Forecast by Type
10.7.1. Automotive Repair
10.7.2. Automotive Maintenance
10.7.3. Automotive Beauty
10.7.4. Automotive Modification
10.7.5. Other
10.7.6. The segment of automotive repair holds a comparatively larger share in global market, which accounts for about 50%.
10.7.7. Automotive Repair and Maintenance Service
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Automotive Repair and Maintenance Services Demand Share Forecast, 2019-2026
11. Europe Automotive Repair and Maintenance Services Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Automotive Repair and Maintenance Services Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Automotive Repair and Maintenance Services Market Size and Volume Forecast by Application
11.4.1. Passenger Car
11.4.2. Commercial Vehicle
11.4.3. The passenger car holds an important share in terms of applications, and accounts for 75% of the market share.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Automotive Repir and Maintenance Services Market Size and Volume Forecast by Type
11.7.1. Automotive Repair
11.7.2. Automotive Maintenance
11.7.3. Automotive Beauty
11.7.4. Automotive Modification
11.7.5. Other
11.7.6. The segment of automotive repair holds a comparatively larger share in global market, which accounts for about 50%.
11.7.7. Automotive Repair and Maintenance Service
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Automotive Repair and Maintenance Services Demand Share, 2019-2026
12. Asia Pacific Automotive Repair and Maintenance Services Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Automotive Repair and Maintenance Services Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Automotive Repair and Maintenance Services Market Size and Volume Forecast by Application
12.4.1. Passenger Car
12.4.2. Commercial Vehicle
12.4.3. The passenger car holds an important share in terms of applications, and accounts for 75% of the market share.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Automotive Repair and Maintenance Services Market Size and Volume Forecast by Type
12.7.1. Automotive Repair
12.7.2. Automotive Maintenance
12.7.3. Automotive Beauty
12.7.4. Automotive Modification
12.7.5. Other
12.7.6. The segment of automotive repair holds a comparatively larger share in global market, which accounts for about 50%.
12.7.7. Automotive Repair and Maintenance Service
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Automotive Repair and Maintenance Services Demand Share, 2019-2026
13. Middle East & Africa Automotive Repair and Maintenance Services Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Automotive Repair and Maintenance Services Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Automotive Repair and Maintenance Services Market Size and Volume Forecast by Application
13.4.1. Passenger Car
13.4.2. Commercial Vehicle
13.4.3. The passenger car holds an important share in terms of applications, and accounts for 75% of the market share.
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Automotive Repair and Maintenance Services Market Size and Volume Forecast by Type
13.7.1. Automotive Repair
13.7.2. Automotive Maintenance
13.7.3. Automotive Beauty
13.7.4. Automotive Modification
13.7.5. Other
13.7.6. The segment of automotive repair holds a comparatively larger share in global market, which accounts for about 50%.
13.7.7. Automotive Repair and Maintenance Service
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Automotive Repair and Maintenance Services Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Automotive Repair and Maintenance Services Market: Market Share Analysis
14.2. Automotive Repair and Maintenance Services Distributors and Customers
14.3. Automotive Repair and Maintenance Services Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Autozone
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Genuine Parts Company
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Advance Auto Parts
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. OReilly Auto Parts
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Belron International
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bosch
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Driven Brands
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. China Grand Automotive
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Zhongsheng Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Michelin Tyreplus
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Yongda Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Monro
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Firestone Complete Auto Care
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Tuhu Auto
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3