Market Overview:
The global on-road vehicle MRO market is estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million by 2030, at a CAGR of XX% during the forecast period. The growth of the on-road vehicle MRO market can be attributed to the increasing demand for commercial and passenger cars. Additionally, the increase in average lifespan of vehicles has led to an increase in demand for MRO services. However, volatility in raw material prices may restrain the growth of this market during the forecast period. The global on-road vehicle MRO market can be segmented based on type, application, and region. Based on type, the market can be divided into cleaning services, general repair services, and overhaul services. The general repair service segment is expected to account for a major share of the global on-road vehicle MRO market during the forecast period owing to rising demand from commercial vehicles owners across regions.
Product Definition:
On Road Vehicle MRO is a term used in the automotive industry to describe the maintenance, repair and overhaul of on road vehicles. The importance of On Road Vehicle MRO is that it helps ensure that vehicles are kept in good working condition, which can help improve safety and reduce the cost of vehicle ownership.
Cleaning:
Cleaning is the maintenance process to remove contaminants, dirt, and impurities from a vehicle. It helps in maintaining its appearance and protecting it from corrosion & rusting as well as keeps the parts clean for efficient functioning.
General Repair:
General repair is used for repairing of all vehicle components excluding turbocharger, engine and drive train. It includes replacement of brake pads & discs, wheel alignment, oil changes and other mechanical services like lubrication change. General repair comprises the majority share in O R MRO market followed by component repair and then general maintenance.
Application Insights:
The commercial vehicles segment held the largest share of over 60.0% in 2017. The demand for trucks, buses, coaches and other such passenger carrying vehicles is generally higher than that of cars or light commercial vehicles in most parts of the world owing to their longer lifespan and greater capacity. This trend is also observed globally as MRO activities are mostly carried out at the time of initial purchase or after a period when vehicle maintenance needs attention.
The passenger car segment is expected to witness significant growth over the forecast period owing to increasing disposable income among consumers across various regions coupled with rising per capita ownership rates for these automobiles across countries like China, India Japan etc., which have a high volume production facilities for this vehicle category alone.
Regional Analysis:
Asia Pacific dominated the global on road vehicle MRO market in 2017. The region is expected to maintain its position during the forecast period owing to increasing automotive production and sales in countries such as China, India, Japan and South Korea. In addition, rising disposable income of consumers is anticipated to fuel demand for passenger cars over the coming years.
The Asia Pacific regional market was followed by Europe which accounted for a share of more than 20% in 2017 owing to high demand from countries including Germany, France and Italy among others. North America also held a significant share due to presence of major automobile manufacturers such as Ford Motors Co., General Motors Company and Fiat Chrysler Automobiles N.V.
Growth Factors:
- Increasing demand for commercial vehicles: The global demand for commercial vehicles is expected to grow at a CAGR of 5.5% from 2016 to 2021. This will create a need for more efficient and reliable vehicle maintenance and repair services.
- Technological advancements in the automotive industry: Vehicle manufacturers are constantly introducing new technologies in their vehicles, which require specialized MRO services. This will provide opportunities for growth for the On Road Vehicle MRO market.
- Growing number of fleet operators: The number of fleet operators is increasing rapidly due to the growing demand for commercial transportation services worldwide. This will create a need for more efficient and reliable vehicle maintenance and repair services, providing opportunities for growth in the On Road Vehicle MRO market .
Scope Of The Report
Report Attributes
Report Details
Report Title
On Road Vehicle MRO Market Research Report
By Type
Cleaning, General Repair, Overhaul
By Application
Commercial, Passenger Cars
By Companies
Dynatrade, Allison Transmission, Schaeffler Technologies, Continental AG, ZF Friedrichshafen AG, Lee Myles Autocare & Transmission, Cottman Transmission and Total Auto Care, Borgwarner, ICRON TECHNOLOGIES, Ruag, Performance Consulting Associates, PSMI Corporation, ST Engineeribng, NM and E Co., Ltd.
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
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global On Road Vehicle MRO Market Report Segments:
The global On Road Vehicle MRO market is segmented on the basis of:
Types
Cleaning, General Repair, Overhaul
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
Commercial, Passenger Cars
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:
- Dynatrade
- Allison Transmission
- Schaeffler Technologies
- Continental AG
- ZF Friedrichshafen AG
- Lee Myles Autocare & Transmission
- Cottman Transmission and Total Auto Care
- Borgwarner
- ICRON TECHNOLOGIES
- Ruag
- Performance Consulting Associates
- PSMI Corporation
- ST Engineeribng
- NM and E Co., Ltd.
Highlights of The On Road Vehicle MRO 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:
- Cleaning
- General Repair
- Overhaul
- By Application:
- Commercial
- Passenger Cars
- 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 On Road Vehicle MRO 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?
On Road Vehicle MRO is a service that provides maintenance, repair and overhaul (MRO) for vehicles on the road. This includes everything from oil changes to full engine replacements.
Some of the major players in the on road vehicle mro market are Dynatrade, Allison Transmission, Schaeffler Technologies, Continental AG, ZF Friedrichshafen AG, Lee Myles Autocare & Transmission, Cottman Transmission and Total Auto Care, Borgwarner, ICRON TECHNOLOGIES, Ruag, Performance Consulting Associates, PSMI Corporation, ST Engineeribng, NM and E Co., Ltd..
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 On Road Vehicle MRO 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 On Road Vehicle MRO Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 On Road Vehicle MRO 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 On Road Vehicle MRO 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 On Road Vehicle MRO Market Size & Forecast, 2018-2028
4.5.1 On Road Vehicle MRO Market Size and Y-o-Y Growth
4.5.2 On Road Vehicle MRO Market Absolute $ Opportunity
Chapter 5 Global On Road Vehicle MRO 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 On Road Vehicle MRO Market Size Forecast by Type
5.2.1 Cleaning
5.2.2 General Repair
5.2.3 Overhaul
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global On Road Vehicle MRO 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 On Road Vehicle MRO Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Passenger Cars
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global On Road Vehicle MRO 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 On Road Vehicle MRO 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 On Road Vehicle MRO Analysis and Forecast
9.1 Introduction
9.2 North America On Road Vehicle MRO 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 On Road Vehicle MRO Market Size Forecast by Type
9.6.1 Cleaning
9.6.2 General Repair
9.6.3 Overhaul
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 On Road Vehicle MRO Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Passenger Cars
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 On Road Vehicle MRO Analysis and Forecast
10.1 Introduction
10.2 Europe On Road Vehicle MRO 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 On Road Vehicle MRO Market Size Forecast by Type
10.6.1 Cleaning
10.6.2 General Repair
10.6.3 Overhaul
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 On Road Vehicle MRO Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Passenger Cars
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 On Road Vehicle MRO Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific On Road Vehicle MRO 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 On Road Vehicle MRO Market Size Forecast by Type
11.6.1 Cleaning
11.6.2 General Repair
11.6.3 Overhaul
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 On Road Vehicle MRO Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Passenger Cars
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 On Road Vehicle MRO Analysis and Forecast
12.1 Introduction
12.2 Latin America On Road Vehicle MRO 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 On Road Vehicle MRO Market Size Forecast by Type
12.6.1 Cleaning
12.6.2 General Repair
12.6.3 Overhaul
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 On Road Vehicle MRO Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Passenger Cars
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) On Road Vehicle MRO Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) On Road Vehicle MRO 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) On Road Vehicle MRO Market Size Forecast by Type
13.6.1 Cleaning
13.6.2 General Repair
13.6.3 Overhaul
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) On Road Vehicle MRO Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Passenger Cars
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 On Road Vehicle MRO Market: Competitive Dashboard
14.2 Global On Road Vehicle MRO Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dynatrade
14.3.2 Allison Transmission
14.3.3 Schaeffler Technologies
14.3.4 Continental AG
14.3.5 ZF Friedrichshafen AG
14.3.6 Lee Myles Autocare & Transmission
14.3.7 Cottman Transmission and Total Auto Care
14.3.8 Borgwarner
14.3.9 ICRON TECHNOLOGIES
14.3.10 Ruag
14.3.11 Performance Consulting Associates
14.3.12 PSMI Corporation
14.3.13 ST Engineeribng
14.3.14 NM and E Co., Ltd.
