The Business Research Company’s latest report Automotive Repair And Maintenance Global Market Report 2020 covers Automotive Repair And Maintenance market drivers, Automotive Repair And Maintenance market trends, Automotive Repair And Maintenance market segments, Automotive Repair And Maintenance market growth rate, Automotive Repair And Maintenance market major players, and Automotive Repair And Maintenance market size. The report provides in-depth analysis of the impact of COVID-19 on the Automotive Repair And Maintenance industry, along with revised market numbers due to the effects of the coronavirus.
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Automotive Repair And Maintenance Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global automotive repair and maintenance market is expected to decline from $693.5 billion in 2019 to $691.7 billion in 2020 at a compound annual growth rate (CAGR) of -0.3%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $828.6 billion in 2023.
The report covers the Automotive Repair And Maintenance market’s segments-
1) By Type: Automotive Mechanical and Electrical Repair and Maintenance; Automotive Body, Paint, Interior, and Glass Repair; Other Automotive Repair and Maintenance
2) By Vehicle Type: Passenger Cars; Light Commercial Vehicles; Heavy Commercial Vehicles; Bike & Scooter
3) By Service Providers: Automotive Dealership; Franchise General Repair; Specialty Shop; Locally Owned Repair Shops/Body Shop; Others.
Subsegments covered: General Automotive Repair; Automotive Exhaust System Repair; Automotive Transmission Repair; Other Automotive Mechanical and Electrical Repair and Maintenance; Automotive Body, Paint, and Interior Repair and Maintenance; Automotive Glass Replacement Shops; Automotive Oil Change and Lubrication Shops; Car Washes; All Other Automotive Repair and Maintenance.
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