Automotive repair and maintenance services market
The Automotive Repair and Maintenance Services Market was valued at USD 598.88 billion in 2023 and is expected to reach a value of USD 879.89 billion by 2030 during the forecast period, growing at a Compound Annual Growth Rate (CAGR) of 5.65%.
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Market dynamics for automotive repair and maintenance services
Throughout the forecast period, increased awareness regarding vehicle safety and maintenance is expected to drive the demand for automotive repair and maintenance services. During the forecast period, the automotive repair and maintenance services market is expected to grow due to the presence of several independent auto service and maintenance providers.
The automotive repair and maintenance services market will be further driven by the availability of cost-effective maintenance services, flexibility in service, and reliable maintenance services in the future. Furthermore, the automotive repair and maintenance services market is expected to grow throughout the forecast period owing to the increase in on-road vehicles across the globe.
Regional analysis of the automotive repair and maintenance services market
The North America automotive repair and maintenance services market is expected to account for more than 27% market share in the automotive repair and maintenance services market during the forecast period. It is estimated that North America and Western Europe together will account for about 50% of the total market share of the global automotive repair and maintenance services market by the end of 2030. The automotive repair and maintenance services market in Asia Pacific is expected to witness a high CAGR through 2030. APAC is considered to be the second largest automotive repair and service market and is expected to witness a CAGR of 5.5% through 2030.
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Market scope for automotive repair and maintenance services
Market size in 2023: USD 598.88 billion.
Market size in 2030: USD 879.89 billion.
CAGR 5.65% (2024-2030)
Forecast period 2024-2030
Base year 2023
Regional scope North America, Europe, Asia-Pacific, Middle East and Africa, South America
Report Coverage: Market Share, Size and Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players Market Ranking Analysis.
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Automotive Repair and Maintenance Services Market Segmentation
for services and spare parts
1. Engine oil
2. Gear oil
3. Brake oil
4. Fat
5. Tires
6. Batteries
7. Wear parts
8. Air filter
9. Cabin filter
10. Oil filter
11. Wiper blades
12. Collision body
13. Starters and alternators
14. Lighting
15. Exhaust components
16. Spark plugs
from service providers
1. Car dealerships
2. Franchise General Repairs
3. Specialist shops
4. Local repair shops/body shops
5. Tire shops
6. Miscellaneous
by vehicle type
1. Passenger cars
2. Light transporter
3.HCV
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/market-report/global-automotive-repair-and-maintenance-services-market/31444/
Major players in the automotive repair and maintenance services market
1. Asbury Automotive Group
2. Goodyear Tire and Rubber Company
3. Lookers Group
4. Monro silencer brake
5. Pendragon Vehicle Management
6. Car dealership Kruger
7. Driven Brands, Inc.
8. Ashland Automotive, Inc.
9. Belron International Ltd.
10.Carmax Auto Care Center
11.Jiffy Lube International, Inc.
12.Goodyear Tire & Rubber Company
13. Halfords Group Plc.
14.Firestone Complete Auto Care
15.ABRA Automotive Systems LP.
16.Halfords Group plc
17.Sumitomo Corporation
18.Car dealer Schrรถder
19.CARS Complete Car Repair Services
20.Arnold Clark Automobiles Limited
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