Automotive Repair and Maintenance Services Market Report Scope and Research Methodology
An exhaustive report encompasses the factors propelling, constraining, offering potential, and presenting challenges within the Automotive Repair and Maintenance Services market. To ascertain estimations and growth rates in the Automotive Repair and Maintenance Services market, the report employed a foundational approach. The competitive landscape of the Automotive Repair and Maintenance Services market addresses aspects such as technology assimilation, financial stability, portfolio composition, mergers and acquisitions, joint ventures, and strategic partnerships.
Data collection for the Automotive Repair and Maintenance Services Market employed both primary and secondary methods. The primary approach involved surveys, questionnaires, and telephone interviews with industry leaders and business proprietors. The secondary approach encompassed sourcing information from press releases, annual reports, financial records, whitepapers, and similar resources. The SWOT analysis serves to pinpoint market vulnerabilities and weaknesses, while the PORTER framework assesses the competitive intensity within the Automotive Repair and Maintenance Services Market’s industry.
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Automotive Repair and Maintenance Services Market was valued at US$ 566.86 Bn in 2022 and is expected to reach US$ 832.85 Bn by 2029 at a CAGR of 5.65 % during the forecast period.
Automotive Repair and Maintenance Services Market Segmentation
The automobile repair and maintenance services market is segmented into automotive dealerships, locally owned repair shops, general franchise repairs, and others in terms of service providers. According to estimates, the industry will increase mostly due to the car dealership segment. Due to the rise in consumer preference for locally-owned businesses, the number of different locally owned repair shops is also expanding rapidly.
by Services and Parts
Engine Oil
Gear Oil
Brake Oil
Grease
Tires
Batteries
Wear & Tear Parts
Air Filter
Cabin Filter
Oil Filter
Wiper Blades
Collision Body
Starters & Alternators
Lighting
Exhaust Components
Spark Plugs
The passenger car category is anticipated to rule the market during the projection period in terms of vehicle type. This can be due to the forecasted growth in the fleet size of passenger cars.
by Service Providers
Automobile Dealerships
Franchise General Repairs
Specialty Shops
Locally Owned Repair Shops/Body Shops
Tire Shops
Others
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Automotive Repair and Maintenance Services Market Regional Insights
The Automotive Repair and Maintenance Services market is categorized into distinct regions: North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report provides a comprehensive examination of all elements, encompassing market size, growth rate, as well as import and export activities within these regions. The report employs a Regional Analysis approach to gain insights into the current state of the Automotive Repair and Maintenance Services market across various countries.
Automotive Repair and Maintenance Services Market Key Players
1. Asbury Automotive Group 2. Goodyear Tire & Rubber Company 3. Lookers Group 4. Monro Muffler Brake 5. Pendragon Vehicle Management 6. Christopher Auto Repair 7. Driven Brands, Inc. 8. Ashland Automotive, Inc. 9. Belron International Ltd. 10.Carmax Autocare 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.Conroe’s Choice Automotive 19.C.A.R.S Complete Auto Repair Services 20.Arnold Clark Automobiles Limited
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