PUBLISHER: TechNavio | PRODUCT CODE: 1205760
PUBLISHER: TechNavio | PRODUCT CODE: 1205760
Technavio has been monitoring the automotive repair and maintenance services market and is forecast to grow by USD 93.19 bn during 2022-2027, accelerating at a CAGR of 3.84% during the forecast period. Our report on the automotive repair and maintenance services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing preference for road transportation, the availability of automotive repair financing and insurance, and the need to comply with government regulations to curb pollution.
Technavio's automotive repair and maintenance services market is segmented as below:
By Type
By Service
By Geography
This study identifies the rise in demand for electric vehicles as one of the prime reasons driving the automotive repair and maintenance services market growth during the next few years. Also, the growth of the connected cars market and the use of 3D printing for repair will lead to sizable demand in the market.
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive repair and maintenance services market vendors that include Arnold Clark Automobiles Ltd., ALL-TECH Transmission Inc., Apex Tool Group LLC, Asbury Automotive Group Inc., Ashland Auto Repair, Belron International Ltd., Bridgestone Corp., CarMax Inc., Driven Brands Holdings Inc., Firestone Complete Auto Care, Halfords Group Plc, Jiffy Lube International Inc., Monro Inc., myTVS Accessories, Pendragon Vehicle Management Ltd., Rust Oleum Corp., Sumitomo Corp., The Goodyear Tire and Rubber Co., LeasePlan Corp. NV, and Robert Bosch GmbH. Also, the automotive repair and maintenance services market analysis report include information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Exhibits: