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The Automotive Repair and Maintenance Services Market Size was valued at USD 912.5 billion in 2023 and is expected to reach USD 1615.35 billion by 2031 and grow at a CAGR of 7.4% over the forecast period 2024-2031.
The automotive repair and service industry keeps our cars running smoothly by offering maintenance and replacements for parts that wear down over time. This includes everything from oil filters and wiper blades to batteries and collision bodywork. The market itself is quite fragmented, with many independent repair shops and local suppliers competing for your business. This can be a good thing for consumers, as it often leads to competitive pricing and flexible service options. The industry caters to a wide range of vehicles, from passenger cars and SUVs to commercial trucks and motorcycles.
It's no surprise then that the market has seen significant growth in recent years, and this trend is expected to continue. As the number of vehicles on the road keeps rising, so will the demand for regular maintenance and repairs. People are also becoming more aware of the importance of keeping their cars in good condition, both for safety reasons and to extend the vehicle's lifespan.
KEY DRIVERS:
Increasing vehicle age due to advancements in materials and technology is leading to more repair needs.
Rising car sales and the expansion of after-sales services are creating more business for repair shops.
The automotive repair industry is experiencing a rise due the increasing number of cars being sold translates directly to a larger pool of vehicles requiring maintenance and repairs. As more people own cars, there's a natural rise in demand for services to keep them running smoothly. The after-sales service sector is expanding. This means car manufacturers and dealerships are offering more comprehensive maintenance plans and extending the range of services available.
RESTRAINTS:
The increasing complexity of modern vehicles with advanced technology can make repairs expensive and require specialized skills.
Modern cars, packed with advanced technology and intricate parts offers improved performance and safety but their complexity can significantly hike repair costs. Fixing these high-tech components requires specialized skills and knowledge that not all mechanics possess. This can lead to a scenario where repairs become expensive due to the limited pool of qualified technicians and the specialized tools and software needed for diagnostics and fixes.
Consumers may choose to delay repairs due to high service costs, opting for temporary fixes or extending service intervals.
OPPORTUNITIES:
The rise of electric vehicles creates a need for specialized repair services and technician training.
Repair shops can leverage technology like online booking systems and remote diagnostics to improve customer convenience.
CHALLENGES:
Increasing complexity of vehicles with advanced tech makes repairs expensive and requires specialized skills.
High service costs may lead customers to delay repairs or seek cheaper, temporary fixes.
The war in Russia-Ukraine has disrupted the automotive repair and maintenance market, impacting it in several ways. The supply chain disruptions are a major hurdle. Ukraine supplied key components like wiring looms and neon gas for semiconductors, crucial for modern vehicles. The conflict caused shortages and price hikes for these parts, potentially inflating repair costs by around 5-10% of share. The sanctions on Russia limited access to raw materials, potentially delaying repairs by 2-5% due to part shortages. The war-driven surge in oil and gas prices increased the cost of essential lubricants and fluids by an estimated 3-7%, potentially leading some consumers to delay non-critical repairs. While the exact market size impact is unclear, some analysts predict a global production decline of 1 million vehicles, meaning a smaller pool of new cars needing maintenance in the short term.
Economic slowdowns can disrupt the automotive repair and maintenance market. Limiting budgets lead consumers to delay non-essential repairs, potentially declining the market by 5-10%. This means people might prioritize urgent fixes while postponing routine maintenance or seeking cheaper options like used parts. The cost-conscious consumers during downturns might opt for do-it-yourself (DIY) repairs with the help of online resources, potentially reducing demand for professional services by 2-3%. Repair shops will have to face problems with lower customer traffic leading to decreased revenue. This can force them to cut costs by reducing staff or operating hours, and in extreme cases, some shops may even be forced to close their doors. Economic downturns can also lead people to hold onto their cars for longer, ultimately increasing the demand for maintenance and repairs as these vehicles age.
By Services & Parts
Engine Oil
Gear Oil
Brake Oil
Grease
Tires
Batteries
Wear & Tear Parts
Air Filter
Cabin Filter
Oil Filter
Wiper Blades
Others
Engine Oil is the dominating sub-segment in the Automotive Repair and Maintenance Services Market by services and parts holding around 20-25% of market share. It's a critical component requiring regular replacement to maintain engine health and performance. Regardless of vehicle type or service provider, engine oil changes are a fundamental part of car maintenance.
By Service Providers
Automobile Dealerships
Franchise General Repairs
Specialty Shops
Locally Owned Repair Shops
Tire Shops
Others
Locally Owned Repair Shops is the dominating sub-segment in the Automotive Repair and Maintenance Services Market by service providers holding around 40-45% of market share. These shops hold the largest market share due to several factors. They often offer competitive pricing compared to dealerships and franchises. Additionally, they build long-term relationships with customers, fostering trust and loyalty. Their local presence allows for convenient service and flexibility in repairs.
By Vehicle Type
Passenger Cars
LCV
HCV
Passenger Cars is the dominating sub-segment in the Automotive Repair and Maintenance Services Market by vehicle type holding around 60-65% of market share due to the sheer number of passenger cars on the road compared to other vehicle types. The widespread ownership and frequent use of passenger cars lead to a consistent demand for maintenance services. Rising disposable income and increasing urbanization further contribute to the dominance of this segment.
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The North America is the dominating region in the Automotive Repair and Maintenance Services Market holding around 30-35% of market share due to its long-established automotive industry, high car ownership, and ingrained car maintenance culture. Strict emission regulations further drive demand for frequent check-ups and repairs.
The Asia Pacific is fastest-growing region holding the CAGR of 10%. Rapid economic development, urbanization, and a growing middle class with more disposable income to spend on car maintenance are fueling this growth. Government initiatives promoting vehicle safety and emission control further propel the market forward.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The major key players are Arnold Clark Automobiles Limited, Asbury Car Group, Inc., Ashland Automotive, Inc., Belron International Ltd., LKQ Corporation, Mobivia Groupe, Inter Cars, Mekonomen Group, Hance's European, EUROPART Holding GmbH, USA Automotive, CarParts.com, Inc., myTVS, M & M Auto Repair, Bosch Car Service, Halfords Group Plc, Wrench, Inc., Sun Auto Service. Carmax Autocare Center, Firestone Complete Auto Care, Inc., Goodyear Tire & Rubber Company., Jiffy Lube International, Inc. and other key players.
In July 2023: KwikFix Automotive Repairs in India has launched a user-friendly mobile app. This app streamlines car maintenance and accessory purchases, allowing users to manage everything from their smartphones. It even personalizes repair recommendations based on driving habits and vehicle type.
In Oct. 2023: In collaboration with Amazon, Ford offers a new in-vehicle service in the US. Ford owners can now use Alexa voice commands to schedule, track, and pay for car repairs and maintenance, simplifying the service experience. This program is expected to expand to other regions in the future.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 912.5 Billion |
| Market Size by 2031 | US$ 1615.35 Billion |
| CAGR | CAGR of 7.4% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Services & Parts (Engine Oil, Gear Oil, Brake Oil, Grease, Tires, Batteries, Wear & Tear Parts, Air Filter, Cabin Filter, Oil Filter, Wiper Blades, Others) • By Service Providers (Automobile Dealerships, Franchise General Repairs, Specialty Shops, Locally Owned Repair Shops, Tire Shops, Others) • By Vehicle Type (Passenger Cars, LCV, HCV) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Arnold Clark Automobiles Limited, Asbury Car Group, Inc., Ashland Automotive, Inc., Belron International Ltd., LKQ Corporation, Mobivia Groupe, Inter Cars, Mekonomen Group, Hance's European, EUROPART Holding GmbH, USA Automotive, CarParts.com, Inc., myTVS, M & M Auto Repair, Bosch Car Service, Halfords Group Plc, Wrench, Inc., Sun Auto Service. Carmax Autocare Center, Firestone Complete Auto Care, Inc., Goodyear Tire & Rubber Company., Jiffy Lube International, Inc. |
| Key Drivers | • Increasing vehicle age due to advancements in materials and technology is leading to more repair needs. • Rising car sales and the expansion of after-sales services are creating more business for repair shops. |
| Restraints | • The increasing complexity of modern vehicles with advanced technology can make repairs expensive and require specialized skills. • Consumers may choose to delay repairs due to high service costs, opting for temporary fixes or extending service intervals. |
Ans: The expected CAGR of the global Automotive Repair and Maintenance Services Market during the forecast period is 7.4%.
Ans: The Automotive Repair and Maintenance Services Market was valued at USD 912.5 billion in 2023.
Ans: Increasing vehicle age, rising car sales, and expanding after-sales services.
Ans: Increasing repair complexity and high service costs.
Ans: Ford offering in-vehicle service scheduling via Alexa.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
9.1 Introduction
9.2 Trend Analysis
9.3 Engine Oil
9.4 Gear Oil
9.5 Brake Oil
9.6 Grease
9.7 Tires
9.8 Batteries
9.9 Wear & Tear Parts
9.10 Air Filter
9.11 Cabin Filter
9.12 Oil Filter
9.13 Wiper Blades
9.14 Others
10. Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
10.1 Introduction
10.2 Trend Analysis
10.3 Automobile Dealerships
10.4 Franchise General Repairs
10.5 Specialty Shops
10.6 Locally Owned Repair Shops
10.7 Tire Shops
10.8 Others
11. Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
11.1 Introduction
11.2 Trend Analysis
11.3 Passenger Cars
11.4 LCV
11.5 HCV
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 Trend Analysis
12.2.2 North America Automotive Repair and Maintenance Services Market, By Country
12.2.3 North America Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.2.4 North America Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.2.5 North America Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.2.6 USA
12.2.6.1 USA Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.2.6.2 USA Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.2.6.3 USA Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.2.7 Canada
12.2.7.1 Canada Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.2.7.2 Canada Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.2.7.3 Canada Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.2.8 Mexico
12.2.8.1 Mexico Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.2.8.2 Mexico Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.2.8.3 Mexico Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.3 Europe
12.3.1 Trend Analysis
12.3.2 Eastern Europe
12.3.2.1 Eastern Europe Automotive Repair and Maintenance Services Market, By Country
12.3.2.2 Eastern Europe Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.3.2.3 Eastern Europe Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.3.2.4 Eastern Europe Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.3.2.5 Poland
12.3.2.5.1 Poland Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.3.2.5.2 Poland Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.3.2.5.3 Poland Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.3.2.6 Romania
12.3.2.6.1 Romania Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.3.2.6.2 Romania Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.3.2.6.4 Romania Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.3.2.7 Hungary
12.3.2.7.1 Hungary Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.3.2.7.2 Hungary Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.3.2.7.3 Hungary Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.3.2.8 Turkey
12.3.2.8.1 Turkey Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.3.2.8.2 Turkey Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.3.2.8.3 Turkey Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.3.2.9 Rest of Eastern Europe
12.3.2.9.1 Rest of Eastern Europe Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.3.2.9.2 Rest of Eastern Europe Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.3.2.9.3 Rest of Eastern Europe Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.3.3 Western Europe
12.3.3.1 Western Europe Automotive Repair and Maintenance Services Market, By Country
12.3.3.2 Western Europe Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.3.3.3 Western Europe Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.3.3.4 Western Europe Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.3.3.5 Germany
12.3.3.5.1 Germany Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.3.3.5.2 Germany Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.3.3.5.3 Germany Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.3.3.6 France
12.3.3.6.1 France Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.3.3.6.2 France Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.3.3.6.3 France Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.3.3.7 UK
12.3.3.7.1 UK Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.3.3.7.2 UK Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.3.3.7.3 UK Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.3.3.8 Italy
12.3.3.8.1 Italy Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.3.3.8.2 Italy Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.3.3.8.3 Italy Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.3.3.9 Spain
12.3.3.9.1 Spain Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.3.3.9.2 Spain Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.3.3.9.3 Spain Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.3.3.10 Netherlands
12.3.3.10.1 Netherlands Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.3.3.10.2 Netherlands Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.3.3.10.3 Netherlands Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.3.3.11 Switzerland
12.3.3.11.1 Switzerland Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.3.3.11.2 Switzerland Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.3.3.11.3 Switzerland Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.3.3.1.12 Austria
12.3.3.12.1 Austria Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.3.3.12.2 Austria Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.3.3.12.3 Austria Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.3.3.13 Rest of Western Europe
12.3.3.13.1 Rest of Western Europe Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.3.3.13.2 Rest of Western Europe Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.3.3.13.3 Rest of Western Europe Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.4 Asia-Pacific
12.4.1 Trend Analysis
12.4.2 Asia-Pacific Automotive Repair and Maintenance Services Market, By Country
12.4.3 Asia-Pacific Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.4.4 Asia-Pacific Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.4.5 Asia-Pacific Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.4.6 China
12.4.6.1 China Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.4.6.2 China Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.4.6.3 China Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.4.7 India
12.4.7.1 India Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.4.7.2 India Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.4.7.3 India Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.4.8 Japan
12.4.8.1 Japan Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.4.8.2 Japan Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.4.8.3 Japan Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.4.9 South Korea
12.4.9.1 South Korea Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.4.9.2 South Korea Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.4.9.3 South Korea Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.4.10 Vietnam
12.4.10.1 Vietnam Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.4.10.2 Vietnam Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.4.10.3 Vietnam Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.4.11 Singapore
12.4.11.1 Singapore Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.4.11.2 Singapore Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.4.11.3 Singapore Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.4.12 Australia
12.4.12.1 Australia Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.4.12.2 Australia Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.4.12.3 Australia Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.4.13.2 Rest of Asia-Pacific Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.4.13.3 Rest of Asia-Pacific Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.5 Middle East & Africa
12.5.1 Trend Analysis
12.5.2 Middle East
12.5.2.1 Middle East Automotive Repair and Maintenance Services Market, By Country
12.5.2.2 Middle East Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.5.2.3 Middle East Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.5.2.4 Middle East Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.5.2.5 UAE
12.5.2.5.1 UAE Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.5.2.5.2 UAE Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.5.2.5.3 UAE Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.5.2.6 Egypt
12.5.2.6.1 Egypt Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.5.2.6.2 Egypt Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.5.2.6.3 Egypt Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.5.2.7 Saudi Arabia
12.5.2.7.1 Saudi Arabia Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.5.2.7.2 Saudi Arabia Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.5.2.7.3 Saudi Arabia Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.5.2.8 Qatar
12.5.2.8.1 Qatar Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.5.2.8.2 Qatar Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.5.2.8.3 Qatar Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.5.2.9 Rest of Middle East
12.5.2.9.1 Rest of Middle East Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.5.2.9.2 Rest of Middle East Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.5.2.9.3 Rest of Middle East Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.5.3 Africa
12.5.3.1 Africa Automotive Repair and Maintenance Services Market, By Country
12.5.3.2 Africa Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.5.3.3 Africa Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.5.3.4 Africa Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.5.3.5 Nigeria
12.5.3.5.1 Nigeria Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.5.3.5.2 Nigeria Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.5.3.5.3 Nigeria Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.5.3.6 South Africa
12.5.3.6.1 South Africa Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.5.3.6.2 South Africa Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.5.3.6.3 South Africa Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.5.3.7 Rest of Africa
12.5.3.7.1 Rest of Africa Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.5.3.7.2 Rest of Africa Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.5.3.7.3 Rest of Africa Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.6 Latin America
12.6.1 Trend Analysis
12.6.2 Latin America Automotive Repair and Maintenance Services Market, By Country
12.6.3 Latin America Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.6.4 Latin America Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.6.5 Latin America Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.6.6 Brazil
12.6.6.1 Brazil Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.6.6.2 Brazil Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.6.6.3 Brazil Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.6.7 Argentina
12.6.7.1 Argentina Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.6.7.2 Argentina Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.6.7.3 Argentina Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.6.8 Colombia
12.6.8.1 Colombia Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.6.8.2 Colombia Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.6.8.3 Colombia Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Automotive Repair and Maintenance Services Market Segmentation, By Services & Parts
12.6.9.2 Rest of Latin America Automotive Repair and Maintenance Services Market Segmentation, By Service Providers
12.6.9.3 Rest of Latin America Automotive Repair and Maintenance Services Market Segmentation, By Vehicle Type
13. Company Profiles
13.1 Arnold Clark Automobiles Limited
13.1.1 Company Overview
13.1.2 Financial
13.1.3 Products/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Asbury Car Group, Inc.
13.2.1 Company Overview
13.2.2 Financial
13.2.3 Products/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Ashland Automotive, Inc.
13.3.1 Company Overview
13.3.2 Financial
13.3.3 Products/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Belron International Ltd.
13.4.1 Company Overview
13.4.2 Financial
13.4.3 Products/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 LKQ Corporation
13.5.1 Company Overview
13.5.2 Financial
13.5.3 Products/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Mobivia Groupe
13.6.1 Company Overview
13.6.2 Financial
13.6.3 Products/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Inter Cars
13.7.1 Company Overview
13.7.2 Financial
13.7.3 Products/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Mekonomen Group
13.8.1 Company Overview
13.8.2 Financial
13.8.3 Products/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Hance's European
13.9.1 Company Overview
13.9.2 Financial
13.9.3 Products/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 EUROPART Holding GmbH
13.10.1 Company Overview
13.10.2 Financial
13.10.3 Products/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View
13.11 USA Automotive
13.11.1 Company Overview
13.11.2 Financial
13.11.3 Products/ Services Offered
13.11.4 SWOT Analysis
13.11.5 The SNS View
13.12 CarParts.com, Inc.
13.12.1 Company Overview
13.12.2 Financial
13.12.3 Products/ Services Offered
13.12.4 SWOT Analysis
13.12.5 The SNS View
13.13 myTVS
13.13.1 Company Overview
13.13.2 Financial
13.13.3 Products/ Services Offered
13.13.4 SWOT Analysis
13.13.5 The SNS View
13.14 M & M Auto Repair
13.14.1 Company Overview
13.14.2 Financial
13.14.3 Products/ Services Offered
13.14.4 SWOT Analysis
13.14.5 The SNS View
13.15 Bosch Car Service
13.15.1 Company Overview
13.15.2 Financial
13.15.3 Products/ Services Offered
13.15.4 SWOT Analysis
13.15.5 The SNS View
13.16 Halfords Group Plc
13.16.1 Company Overview
13.16.2 Financial
13.16.3 Products/ Services Offered
13.16.4 SWOT Analysis
13.16.5 The SNS View
13.17 Wrench, Inc.
13.17.1 Company Overview
13.17.2 Financial
13.17.3 Products/ Services Offered
13.17.4 SWOT Analysis
13.17.5 The SNS View
13.18 Sun Auto Service.
13.18.1 Company Overview
13.18.2 Financial
13.18.3 Products/ Services Offered
13.18.4 SWOT Analysis
13.18.5 The SNS View
13.19 Carmax Autocare Center
13.19.1 Company Overview
13.19.2 Financial
13.19.3 Products/ Services Offered
13.19.4 SWOT Analysis
13.19.5 The SNS View
13.20 Firestone Complete Auto Care, Inc.
13.20.1 Company Overview
13.20.2 Financial
13.20.3 Products/ Services Offered
13.20.4 SWOT Analysis
13.20.5 The SNS View
13.21 Goodyear Tire & Rubber Company.
13.21.1 Company Overview
13.21.2 Financial
13.21.3 Products/ Services Offered
13.21.4 SWOT Analysis
13.21.5 The SNS View
13.22 Jiffy Lube International, Inc.
13.22.1 Company Overview
13.22.2 Financial
13.22.3 Products/ Services Offered
13.22.4 SWOT Analysis
13.22.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. Use Case and Best Practices
16. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Automotive Aftermarket Glass Market Size was valued at $4.05 billion in 2023 and will reach $6.17 Bn by 2032 and grow at a CAGR of 4.80% by 2024-2032
The Automotive Windshield Washer Market Size was USD 20.48 billion in 2023 and will reach USD 30.72 billion by 2031 and grow at a CAGR of 5.2% by 2024-2031
The Luxury Yacht Market size was USD 7.36 billion in 2023 and is expected to Reach USD 15.16 billion by 2032 and grow at a CAGR of 8.35% over the forecast period of 2024-2032.
The Intelligent Traffic Management System Market Size was valued at USD 11.25 billion in 2023 and is expected to reach USD 36.5 billion by 2032 and grow at a CAGR of 14% over the forecast period 2024-2032.
The Battery Separator Market Size was valued at USD 5.80 Billion in 2023 and is expected to reach USD 19.53 Billion by 2032 and grow at a CAGR of 14.47% over the forecast period 2024-2032.
The Automotive Camera Module Market Size was valued at USD 10.12 billion in 2023 and is expected to reach USD 27.61 billion by 2032 and grow at a CAGR of 11.8% over the forecast period 2024-2032.
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