Market Overview:
The global maintenance vehicle market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for regular maintenance, engine and other services for passenger cars, light commercial vehicles, heavy commercial vehicles and two-wheelers across the globe. Asia Pacific is expected to be the fastest growing region in this market during the forecast period.
Product Definition:
A maintenance vehicle is a type of vehicle used for the purpose of maintaining or repairing roads and other infrastructure. These vehicles typically include tools and equipment necessary for the repair and maintenance tasks they are designed to perform.
Regular Maintenance:
Regular maintenance is the planned and systematic approach to repair, service or replacement of components or systems in a regular and timely manner. It includes scheduled services, preventative measures taken by operators/owners against immediate threats as well as addressing long-term concerns. Regular maintenance helps reduce downtime which results in increased productivity thus saving costs incurred due to breakdowns & failures.
Engine:
The engine is the most essential part of a vehicle. It provides power to the vehicle and without it, the vehicle cannot move an inch. The engine in vehicles undergo regular maintenance for smooth functioning and longer life. Some engines also require replacement from time to time due to age or wear & tear.
Maintenance vehicles are designed with heavy-duty work horses that are used for cleaning streets, highways, parking lots etc.
Application Insights:
The heavy commercial vehicles segment dominated the global market in 2017. The segment is expected to witness a CAGR of XX% over the forecast period owing to increasing demand for trucks and buses from various industries, such as mining, construction, and logistics. Furthermore, growth in the automotive aftermarket industry on account of increasing consumer disposable income levels will drive growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region with a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing demand for commercial vehicles in countries such as India, China, and Japan. Furthermore, rising investments by OEMs in developing economies are anticipated to fuel regional market growth over the forecast period. For instance, Toyota invested around USD X billion between 2012 and 2016 on improving its operations in India which include production of two-wheelers as well as heavy commercial vehicles (HCVs). Such investments are projected to positively influence overall market development across Asia Pacific region during the forecast period.
Europe is estimated to witness significant growth during the forecast years owing high consumer preference towards diesel fueled vehicles across countries such as Germany and France among others due their superior performance characteristics when compared with other alternative fuels or hybrid systems used for power trains of maintenance trucks including gasoline/petrol powered units available on roads today.
Growth Factors:
- Increasing demand for electric and hybrid vehicles
- Rising disposable income of consumers
- Proliferation of online retail channels
- Growing popularity of preventive maintenance services
- Technological advancements in automotive industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Maintenance Vehicle Market Research Report
By Type
Regular Maintenance, Engine, Others
By Application
Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Two-Wheelers
By Companies
Jiffy Lubes International Inc., Asbury Automotive Group Inc., Sumitomo Corporation, Belron International Ltd., Driven Brands Inc., Goodyear Tire & Rubber, Firestone Complete Auto Care, Monro Muffler Brake Inc., Ashland Automotive, Carmax Autocare Center, Jiffy Lubes International Inc.
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Maintenance Vehicle Market Report Segments:
The global Maintenance Vehicle market is segmented on the basis of:
Types
Regular Maintenance, Engine, 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 Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Two-Wheelers
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 Inc.
- Asbury Automotive Group Inc.
- Sumitomo Corporation
- Belron International Ltd.
- Driven Brands Inc.
- Goodyear Tire & Rubber
- Firestone Complete Auto Care
- Monro Muffler Brake Inc.
- Ashland Automotive
- Carmax Autocare Center
- Jiffy Lubes International Inc.
Highlights of The Maintenance Vehicle 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:
- Regular Maintenance
- Engine
- Others
- By Application:
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Two-Wheelers
- 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 Maintenance Vehicle 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A maintenance vehicle is a truck or van used to maintain equipment, facilities, and other assets. Maintenance vehicles are typically used by businesses and organizations to keep their infrastructure in good condition.
Some of the major players in the maintenance vehicle market are Jiffy Lubes International Inc., Asbury Automotive Group Inc., Sumitomo Corporation, Belron International Ltd., Driven Brands Inc., Goodyear Tire & Rubber, Firestone Complete Auto Care, Monro Muffler Brake Inc., Ashland Automotive, Carmax Autocare Center, Jiffy Lubes International Inc..
The maintenance vehicle market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Maintenance Vehicle 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 Maintenance Vehicle Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Maintenance Vehicle 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 Maintenance Vehicle 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 Maintenance Vehicle Market Size & Forecast, 2020-2028
4.5.1 Maintenance Vehicle Market Size and Y-o-Y Growth
4.5.2 Maintenance Vehicle Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Regular Maintenance
5.2.2 Engine
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Light Commercial Vehicles
6.2.3 Heavy Commercial Vehicles
6.2.4 Two-Wheelers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Maintenance Vehicle 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 Maintenance Vehicle 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Regular Maintenance
9.6.2 Engine
9.6.3 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 Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Light Commercial Vehicles
9.10.3 Heavy Commercial Vehicles
9.10.4 Two-Wheelers
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Regular Maintenance
10.6.2 Engine
10.6.3 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 Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Light Commercial Vehicles
10.10.3 Heavy Commercial Vehicles
10.10.4 Two-Wheelers
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Regular Maintenance
11.6.2 Engine
11.6.3 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 Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Light Commercial Vehicles
11.10.3 Heavy Commercial Vehicles
11.10.4 Two-Wheelers
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Regular Maintenance
12.6.2 Engine
12.6.3 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 Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Light Commercial Vehicles
12.10.3 Heavy Commercial Vehicles
12.10.4 Two-Wheelers
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Regular Maintenance
13.6.2 Engine
13.6.3 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) Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Light Commercial Vehicles
13.10.3 Heavy Commercial Vehicles
13.10.4 Two-Wheelers
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 Maintenance Vehicle Market: Competitive Dashboard
14.2 Global Maintenance Vehicle Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Jiffy Lubes International Inc.
14.3.2 Asbury Automotive Group Inc.
14.3.3 Sumitomo Corporation
14.3.4 Belron International Ltd.
14.3.5 Driven Brands Inc.
14.3.6 Goodyear Tire & Rubber
14.3.7 Firestone Complete Auto Care
14.3.8 Monro Muffler Brake Inc.
14.3.9 Ashland Automotive
14.3.10 Carmax Autocare Center
14.3.11 Jiffy Lubes International Inc.
