Market Overview:
The global car repair and maintenance service 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 and commercial vehicles across the globe. The global car repair and maintenance service market has been segmented on the basis of type, application, and region. On the basis of type, the market has been segmented into engine parts, chassis parts, interior parts, body parts, others. The engine parts segment is expected to account for a major share of the global car repair and maintenance service market in 2018 owing to rising demand for automobiles equipped with advanced engines worldwide. The chassis parts segment is projected to register highest CAGR during forecast period due to increasing demand for luxury cars across different regions globally. On the basis of application,the global car repair and maintenance servicemarket has been divided into passenger vehicleand commercial vehicle segments.
Product Definition:
A car repair and maintenance service is a business that provides repairs and maintenance to cars. This can include things like oil changes, tune-ups, brake inspections, and more. The importance of this type of service is twofold. First, it keeps your car running smoothly and prevents costly repairs in the future. Second, it helps maintain the value of your car in case you ever decide to sell it.
Engine Parts:
Engine parts are the internal and external components of an engine. It includes various parts such as crankshaft, pistons, connecting rods, valves, cylinder head assembly and other smaller components. Engine repair & maintenance services refer to systematic procedures or actions for examination/service operations on engines including changing oil filter among other regular scheduled maintenance tasks.
The global engine parts market size was valued at USD 28 billion in 2016.
Chassis Parts:
Chassis parts are the internal and external body parts of a vehicle that support its load and protect it from damage. The chassis consists of front end, rear end, steering column, tires, fuel tank (if any), doors & windows (if any), windscreen & bonnet (if any) along with other smaller components. Chassis repair and maintenance services market is segmented on the basis of vehicle type such as passenger car/light commercial vehicles or heavy commercial vehicles.
Application Insights:
The passenger vehicle segment held the largest share of over 70.0% in 2017. The growing need for maintaining and repairing vehicles to ensure their long-term functionality is expected to remain a key factor driving the demand for global car repair & maintenance services over the forecast period.
Commercial vehicle segment is anticipated to witness significant growth at a CAGR of XX% from 2018 to 2030 owing to an increase in commercial activities across various industries, including mining and construction across various regions globally which is likely to create a greater requirement for commercial vehicles with better reliability.
Regional Analysis:
The North American regional market dominated the global car repair and maintenance services industry in 2017. The region is expected to maintain its position during the forecast period as well. This can be attributed to increasing R&D activities by various companies, rising demand for improved vehicle safety systems, and growing consumer awareness about maintaining their vehicles properly.
Asia Pacific is anticipated to witness significant growth over the coming years owing to improving economic conditions in emerging countries such as India and China. Furthermore, government initiatives encouraging people from different socioeconomic backgrounds into skilled professions are likely to contribute significantly towards increased demand for automotive maintenance services across this region over the next eight years or so.
Growth Factors:
- Increasing disposable income of people: The growth in the car repair and maintenance service market is mainly attributed to the increasing disposable income of people, which has led to an increase in the number of cars on the road.
- Technological advancements: With technological advancements, there has been a rise in demand for advanced car repair and maintenance services. This is because newer technologies make cars more efficient and reliable, thereby requiring less frequent servicing or repairs.
- Rising awareness about preventive car care: There is a growing awareness among consumers about preventive car care measures that can be taken to avoid expensive repairs down the line. This has led to an increase in demand for car repair and maintenance services that offer preventive care measures such as oil changes, tune-ups, etcetera).
Scope Of The Report
Report Attributes
Report Details
Report Title
Car Repair & Maintenance Service Market Research Report
By Type
Engine Parts, Chassis Parts, Interior Parts, Body Parts, Others
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Jiffy Lubes International, Firestone Complete Auto Care, Monro Muffler Brake, Driven Brands, Asbury Automotive Group, Sumitomo Corporation, Belron International, Meineke Car Care Center, Goodyear Tire & Rubber, Ashland Automotive, Carmax Autocare Center, Safelite Group, Midas, OTC Tools, Rust-Oleum, GearWrench, Chemical Guys, Schumacher, Pro-Lift
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
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Car Repair & Maintenance Service Market Report Segments:
The global Car Repair & Maintenance Service market is segmented on the basis of:
Types
Engine Parts, Chassis Parts, Interior Parts, Body Parts, Others
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 Vehicle, Commercial Vehicle
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:
- Jiffy Lubes International
- Firestone Complete Auto Care
- Monro Muffler Brake
- Driven Brands
- Asbury Automotive Group
- Sumitomo Corporation
- Belron International
- Meineke Car Care Center
- Goodyear Tire & Rubber
- Ashland Automotive
- Carmax Autocare Center
- Safelite Group
- Midas
- OTC Tools
- Rust-Oleum
- GearWrench
- Chemical Guys
- Schumacher
- Pro-Lift
Highlights of The Car Repair & Maintenance Service 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:
- Engine Parts
- Chassis Parts
- Interior Parts
- Body Parts
- Others
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- 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 & Maintenance Service 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 & maintenance service is a type of service that helps keep your car running smoothly. This includes everything from fixing small issues to more major repairs.
Some of the major players in the car repair & maintenance service market are Jiffy Lubes International, Firestone Complete Auto Care, Monro Muffler Brake, Driven Brands, Asbury Automotive Group, Sumitomo Corporation, Belron International, Meineke Car Care Center, Goodyear Tire & Rubber, Ashland Automotive, Carmax Autocare Center, Safelite Group, Midas, OTC Tools, Rust-Oleum, GearWrench, Chemical Guys, Schumacher, Pro-Lift.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Car Repair & Maintenance Service Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Car Repair & Maintenance Service Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Car Repair & Maintenance Service Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Car Repair & Maintenance Service Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Car Repair & Maintenance Service Market Size & Forecast, 2018-2028 4.5.1 Car Repair & Maintenance Service Market Size and Y-o-Y Growth 4.5.2 Car Repair & Maintenance Service Market Absolute $ Opportunity
Chapter 5 Global Car Repair & Maintenance Service Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Car Repair & Maintenance Service Market Size Forecast by Type
5.2.1 Engine Parts
5.2.2 Chassis Parts
5.2.3 Interior Parts
5.2.4 Body Parts
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Car Repair & Maintenance Service Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Car Repair & Maintenance Service Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Car Repair & Maintenance Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Car Repair & Maintenance Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Car Repair & Maintenance Service Analysis and Forecast
9.1 Introduction
9.2 North America Car Repair & Maintenance Service Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Car Repair & Maintenance Service Market Size Forecast by Type
9.6.1 Engine Parts
9.6.2 Chassis Parts
9.6.3 Interior Parts
9.6.4 Body Parts
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Car Repair & Maintenance Service Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Car Repair & Maintenance Service Analysis and Forecast
10.1 Introduction
10.2 Europe Car Repair & Maintenance Service Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Car Repair & Maintenance Service Market Size Forecast by Type
10.6.1 Engine Parts
10.6.2 Chassis Parts
10.6.3 Interior Parts
10.6.4 Body Parts
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Car Repair & Maintenance Service Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Car Repair & Maintenance Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Car Repair & Maintenance Service Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Car Repair & Maintenance Service Market Size Forecast by Type
11.6.1 Engine Parts
11.6.2 Chassis Parts
11.6.3 Interior Parts
11.6.4 Body Parts
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Car Repair & Maintenance Service Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Car Repair & Maintenance Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Car Repair & Maintenance Service Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Car Repair & Maintenance Service Market Size Forecast by Type
12.6.1 Engine Parts
12.6.2 Chassis Parts
12.6.3 Interior Parts
12.6.4 Body Parts
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Car Repair & Maintenance Service Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Car Repair & Maintenance Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Car Repair & Maintenance Service Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Car Repair & Maintenance Service Market Size Forecast by Type
13.6.1 Engine Parts
13.6.2 Chassis Parts
13.6.3 Interior Parts
13.6.4 Body Parts
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Car Repair & Maintenance Service Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Car Repair & Maintenance Service Market: Competitive Dashboard
14.2 Global Car Repair & Maintenance Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Jiffy Lubes International
14.3.2 Firestone Complete Auto Care
14.3.3 Monro Muffler Brake
14.3.4 Driven Brands
14.3.5 Asbury Automotive Group
14.3.6 Sumitomo Corporation
14.3.7 Belron International
14.3.8 Meineke Car Care Center
14.3.9 Goodyear Tire & Rubber
14.3.10 Ashland Automotive
14.3.11 Carmax Autocare Center
14.3.12 Safelite Group
14.3.13 Midas
14.3.14 OTC Tools
14.3.15 Rust-Oleum
14.3.16 GearWrench
14.3.17 Chemical Guys
14.3.18 Schumacher
14.3.19 Pro-Lift