Market Overview:
The global car repair services market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for passenger vehicles, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs) across the globe. In addition, rising awareness about car care and maintenance among consumers is also fuelling the demand for car repair services. On the basis of type, the global car repair services market has been segmented into restorative repair, operational repair, and others. Restorative repairs are carried out to restore a vehicle’s appearance or function after it has been damaged in an accident or through wear and tear. Operational repairs are those that maintain or improve a vehicle’s performance but do not restore its appearance or function after damage has occurred. Others include preventive maintenance such as oil changes and tune-ups which help keep a vehicle running smoothly without any major problems arising in future. On the basis of application, the global car repair services market has been segmented into passenger vehicles, LCVs,, HCVs,. Passenger cars account for majority share of this market owing to their high sales volume as compared to other types of vehicles worldwide.
Product Definition:
Car Repair Services are services offered by garages to repair and maintain cars. The importance of car repair services is that they keep cars running properly, which is important for safety and to avoid expensive repairs in the future.
Restorative Repair:
Restorative repair is a process of restoring the tissues and cells that are damaged due to external forces such as accidents, burns or trauma. The body's natural tendency post an injury is to try and heal itself; this leads to rapid healing. However, sometimes the body fails or our attempts at self-healing are hindered by various factors such as infection, lack of nutrients etc., which causes tissue & cell damage.
Operational Repair:
In the current scenario, there is a huge demand for operational repair and it's usage in car repair services market. The main reason being customer satisfaction. There are many small and large companies that provide these types of services but the big players such as ASE Global Services LLC, Alfa Lava Inc., etc have made this business model their primary focus. These companies have created systems to offer maximum profit with minimum risk which has led them to dominate this industry in less time than expected.
Application Insights:
The passenger vehicles segment dominated the global car repair services market in 2017 and is expected to continue its dominance over the forecast period. The growing number of young population, especially in countries such as India and China, has led to an increase in demand for passenger vehicles. This trend is projected to continue over the forecast period thus driving demand for car repair services across various regions.
LCVs are widely used across developed economies owing to their ability to transport goods from a manufacturer¢â‚¬â„¢s plant directly into a retail storeroom or customer's home without requiring any intermediate distribution points (DTP). LCVs are also known as light commercial trucks due double-axle trailer hitches which allow them haul heavy loads efficiently and safely on roads with less traffic congestion compared with conventional trucks. HCVs include buses, coaches and minibuses that travel long distances carrying more than 15 passengers at a time.
Regional Analysis:
The North American regional market dominated the global car repair services industry in 2017. The presence of major automobile manufacturers, technological advancements, and high vehicle replacement rates are some of the key factors fueling growth in this region. Moreover, increasing demand for electric and hybrid vehicles is expected to drive innovation across all segments over the forecast period.
Asia Pacific is estimated to be the fastest-growing regional market from 2018 to 2030 owing to rapid urbanization and industrialization across emerging economies such as China, India, Indonesia among others are expected boost automotive production levels thereby driving repair activities at a significant rate over the next eight years. Furthermore, rising disposable income levels coupled with an increasing number of passenger cars on roadways will also support regional growth prospects during the same period (2018 - 2030).
Growth Factors:
- Increasing demand for luxury and customized cars
- Rising number of accidents and vehicular breakdowns
- Growing awareness about the benefits of car repair services
- Proliferation of online car repair service providers
- Government initiatives to promote the use of public transport
Scope Of The Report
Report Attributes
Report Details
Report Title
Car Repair Services Market Research Report
By Type
Restorative Repair, Operational Repair, Car Repair Service
By Application
Passenger Vehicles, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs)
By Companies
Continental, 3M Company, Monro, Advance Auto Parts, O'Reilly Auto Parts, Bosch, Tenneco, Belron International, Denso, Driven Brands, Michelin, Autozone, Genuine Parts Company, Goodyear, Tuhu Auto, Carmax Autocare Center, Safelite Group, Midas, OTC Tools, China Grand Automotive, Zhongsheng Group, Car Repair 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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Car Repair Services Market Report Segments:
The global Car Repair Services market is segmented on the basis of:
Types
Restorative Repair, Operational Repair, Car Repair 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 Vehicles, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs)
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:
- Continental
- 3M Company
- Monro
- Advance Auto Parts
- O'Reilly Auto Parts
- Bosch
- Tenneco
- Belron International
- Denso
- Driven Brands
- Michelin
- Autozone
- Genuine Parts Company
- Goodyear
- Tuhu Auto
- Carmax Autocare Center
- Safelite Group
- Midas
- OTC Tools
- China Grand Automotive
- Zhongsheng Group
- Car Repair Service
Highlights of The Car Repair 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:
- Restorative Repair
- Operational Repair
- Car Repair Service
- By Application:
- Passenger Vehicles
- Light Commercial Vehicles (LCVs)
- Heavy Commercial Vehicles (HCVs)
- 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 Car Repair 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
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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?
Car repair services are a type of service that can be used to fix or maintain a car. This could include things like fixing a broken window, replacing an airbag, or repairing the brakes.
Some of the major players in the car repair services market are Continental, 3M Company, Monro, Advance Auto Parts, O'Reilly Auto Parts, Bosch, Tenneco, Belron International, Denso, Driven Brands, Michelin, Autozone, Genuine Parts Company, Goodyear, Tuhu Auto, Carmax Autocare Center, Safelite Group, Midas, OTC Tools, China Grand Automotive, Zhongsheng Group, Car Repair Service.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Car Repair 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. Car Repair Services Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Car Repair Services Market - Supply Chain
4.5. Global Car Repair Services Market Forecast
4.5.1. Car Repair Services Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Car Repair Services Market Size (000 Units) and Y-o-Y Growth
4.5.3. Car Repair Services Market Absolute $ Opportunity
5. Global Car Repair 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. Car Repair Services Market Size and Volume Forecast by Type
5.3.1. Restorative Repair
5.3.2. Operational Repair
5.3.3. Car Repair Service
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Car Repair 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. Car Repair Services Market Size and Volume Forecast by Application
6.3.1. Passenger Vehicles
6.3.2. Light Commercial Vehicles (LCVs)
6.3.3. Heavy Commercial Vehicles (HCVs)
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Car Repair 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. Car Repair 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 Car Repair 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. Car Repair 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 Car Repair Services Demand Share Forecast, 2019-2026
9. North America Car Repair 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 Car Repair 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 Car Repair Services Market Size and Volume Forecast by Application
9.4.1. Passenger Vehicles
9.4.2. Light Commercial Vehicles (LCVs)
9.4.3. Heavy Commercial Vehicles (HCVs)
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Car Repair Services Market Size and Volume Forecast by Type
9.7.1. Restorative Repair
9.7.2. Operational Repair
9.7.3. Car Repair 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 Car Repair Services Demand Share Forecast, 2019-2026
10. Latin America Car Repair 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 Car Repair 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 Car Repair Services Market Size and Volume Forecast by Application
10.4.1. Passenger Vehicles
10.4.2. Light Commercial Vehicles (LCVs)
10.4.3. Heavy Commercial Vehicles (HCVs)
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Car Repair Services Market Size and Volume Forecast by Type
10.7.1. Restorative Repair
10.7.2. Operational Repair
10.7.3. Car Repair 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 Car Repair Services Demand Share Forecast, 2019-2026
11. Europe Car Repair 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 Car Repair 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 Car Repair Services Market Size and Volume Forecast by Application
11.4.1. Passenger Vehicles
11.4.2. Light Commercial Vehicles (LCVs)
11.4.3. Heavy Commercial Vehicles (HCVs)
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Car Repair Services Market Size and Volume Forecast by Type
11.7.1. Restorative Repair
11.7.2. Operational Repair
11.7.3. Car Repair Service
11.8. Basis Point Share (BPS) nalysis 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 Car Repair Services Demand Share, 2019-2026
12. Asia Pacific Car Repair 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 Car Repair 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 Car Repair Services Market Size and Volume Forecast by Application
12.4.1. Passenger Vehicles
12.4.2. Light Commercial Vehicles (LCVs)
12.4.3. Heavy Commercial Vehicles (HCVs)
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Car Repair Services Market Size and Volume Forecast by Type
12.7.1. Restorative Repair
12.7.2. Operational Repair
12.7.3. Car Repair 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 Car Repair Services Demand Share, 2019-2026
13. Middle East & Africa Car Repair 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 Car Repair 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 Car Repair Services Market Size and Volume Forecast by Application
13.4.1. Passenger Vehicles
13.4.2. Light Commercial Vehicles (LCVs)
13.4.3. Heavy Commercial Vehicles (HCVs)
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Car Repair Services Market Size and Volume Forecast by Type
13.7.1. Restorative Repair
13.7.2. Operational Repair
13.7.3. Car Repair 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 Car Repair Services Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Car Repair Services Market: Market Share Analysis
14.2. Car Repair Services Distributors and Customers
14.3. Car Repair Services Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Continental
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. 3M 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. Monro
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Advance 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. O'Reilly Auto Parts
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. Tenneco
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Belron International
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Denso
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Driven Brands
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Michelin
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Autozone
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Genuine Parts Company
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Goodyear
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Tuhu Auto
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Carmax Autocare Center
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Safelite Group
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Midas
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. OTC Tools
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. China Grand Automotive
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
