Automotive Collision Repair Services Market - By Service Type, By Workshop Type, By Vehicle Type, and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 - 2026

Title:
Automotive Collision Repair Services Market - By Service Type (Paints, Parts, and Repair), By Workshop Type (Authorized Garage and Independent Garage), By Vehicle Type (Light Commercial Vehicle, Passenger Vehicle, and Heavy Commercial Vehicle), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 - 2026.

The global Automotive Collision Repair Services market garnered earnings worth approximately 181.52 (USD Billion) in 2019 and is set to record a CAGR of about 3.4% over the period from 2020 to 2026. The report offers assessment and analysis of the Automotive Collision Repair Services market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).

Introduction

Automotive collision repair services encompasses denting, replacement, painting, refurbishment, and repairs. Furthermore, collision repairs for vehicles is mainly financed by the vehicle insurance firms based on insurance coverage claims for vehicle collisions. Furthermore, some of the workshops partner insurance firms for serving the customers for offering them vehicle collision repair services.

Apart from this, there are various number of local vendors as well as company–owned repair shops providing automotive collision repair solutions to the consumers. In addition to this, rise in the cases of road collisions due to surge rash driving or driving under effect of alcoholic consumption will accelerate the market demand over the forecast timespan. Apparently, growing frequency of natural disasters, riots, and traffic jams are likely to result in damage to the vehicles, thereby accentuating the need for repair services of damaged vehicles.

Market Growth Dynamics

A surge in the vehicle sales as a result of rise in the disposable incomes has led to road jamming and fatal collisions of vehicles. Furthermore, vehicle accidents has resulted in damage to various parts of the vehicle including car doors, bumpers, and glass windows, thereby generating a necessity for repair of the vehicles. This is one of the major factors that can trigger the market growth.

In addition to this, vehicle collision repair units are expanding their customer base through increase in the service network area by covering more regions across the globe. Furthermore, OEMs are trying to raise their proceeds by supplying specific spare parts to collision repair units. All these aforementioned factors will steer the business growth over the forthcoming years.

Apparently, increase in the customer affordability and rise in the awareness pertaining to collision cover insurance & own damage insurance will define the market growth in the coming years. Moreover, rise in the penetration of vehicle insurance in the emerging economies of Asia Pacific and Latin America will further boost the industry trends.

Asia Pacific Market To Accrue Major Gains Over 2020-2026

The regional market surge over the forecast timeline is attributed to surge in the traffic jams on road due to rapidly bulging population. In addition to this, rise in the number of two-wheeler bikes in emerging economies of Asia Pacific and liberal road safety legislations resulting in road collisions will enhance the requirement of vehicle collision repair services. This will amplify the regional market growth within a short span.

Key players leveraging the market expansion include Automotive Technology Products LLC, Robert Bosch GmbH, Continental AG, Denso Corporation, Federal-Mogul LLC, Henkel AG&Co. KGaA, Honeywell International, Inc., 3M, Johnson Controls, Inc., DuPont, BASF, ZF Friedrichshafen, and Caliber Collision.

The global automotive collision repair services market is segmented as follows:

By service type:

• Paints
• Repair
• Parts

By workshop type:

• Authorized Garage
• Independent Garage

By vehicle type:

• Light Commercial Vehicle
• Passenger Vehicle
• Heavy Commercial Vehicle
• By Region
• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

Table Of Contents

Chapter 1. Preface

• 1.1. Report Description and Scope
• 1.2. Research Scope
• 1.3. Research Methodulogy
  • 1.3.1. Market Research Process
  • 1.3.2. Market Research Methodulogy

Chapter 2. Executive Summary

• 2.1. Automotive Cullision Repair Services Market, 2016–2026(USD Billion)
• 2.2. Automotive Cullision Repair Services Market: Snapshot

Chapter 3. Global Automotive Cullision Repair Services Market – Industry Analysis

• 3.1. Automotive Cullision Repair Services Market: Market Dynamics
• 3.2. Market Drivers
  • 3.2.1. Rise in vehicle cullisions due to traffic jams and rash driving
  • 3.2.2. Vehicle damage caused due to natural disasters, breakdowns, and riots
• 3.3. Porter’s Five Forces Analysis
• 3.4. Market Attractiveness Analysis
  • 3.4.1. Market attractiveness analysis By Service Type
  • 3.4.2. Market attractiveness analysis By Workshop Type
  • 3.4.3. Market attractiveness analysis By Vehicle Type

Chapter 4. Global Automotive Cullision Repair Services Market– Competitive Landscape

• 4.1. Company market share analysis
  • 4.1.1. Global Automotive Cullision Repair Services Market: company market share, 2019
• 4.2. Strategic development
  • 4.2.1. Acquisitions & mergers
  • 4.2.2. New Product launches
  • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
  • 4.2.4. Research and development and Regional expansion
• 4.3. Price trend analysis

Chapter 5. Global Automotive Cullision Repair Services Market–Service Type Analysis

• 5.1. Global Automotive Cullision Repair Services Market overview: By Service Type
  • 5.1.1. Global Automotive Cullision Repair Services Market share, By Service Type ,2019 and 2026
• 5.2. Paints
  • 5.2.1. Global Automotive Cullision Repair Services Market by Paints, 2016–2026(USD Billion)
• 5.3. Parts
  • 5.3.1. Global Automotive Cullision Repair Services Market by Parts, 2016–2026(USD Billion)
• 5.4. Repair
  • 5.4.1. Global Automotive Cullision Repair Services Market by Repair, 2016–2026(USD Billion)

Chapter 6. Global Automotive Cullision Repair Services Market– Workshop Type Analysis

• 6.1. Global Automotive Cullision Repair Services Market overview: By Workshop Type
  • 6.1.1. Global Automotive Cullision Repair Services Market share, By Workshop Type , 2019 and 2026
• 6.2. Authorized Garage
  • 6.2.1. Global Automotive Cullision Repair Services Market By Authorized Garage, 2016–2026(USD Billion)
• 6.3. Independent Garage
  • 6.3.1. Global Automotive Cullision Repair Services Market By Independent Garage, 2016–2026(USD Billion)

Chapter 7. Global Automotive Cullision Repair Services Market– Vehicle Type Analysis

• 7.1. Global Automotive Cullision Repair Services Market overview: By Vehicle Type
  • 7.1.1. Global Automotive Cullision Repair Services Market share, By Vehicle Type, 2019 and 2026
• 7.2. Light Commercial Vehicle
  • 7.2.1. Global Automotive Cullision Repair Services Market By Light Commercial Vehicle, 2016–2026(USD Billion)
• 7.3. Passenger Vehicle
  • 7.3.1. Global Automotive Cullision Repair Services Market By Passenger Vehicle, 2016–2026(USD Billion)
• 7.4. Heavy Commercial Vehicle
  • 7.4.1. Global Automotive Cullision Repair Services Market By Heavy Commercial Vehicle, 2016–2026(USD Billion)

Chapter 8. Company Profiles

• 8.1. Continental AG
  • 8.1.1. Overview
  • 8.1.2. Financials
  • 8.1.3. Product Portfulio
  • 8.1.4. Business Strategy
  • 8.1.5. Recent Developments
• 8.2. Denso Corporation
  • 8.2.1. Overview
  • 8.2.2. Financials
  • 8.2.3. Product Portfulio
  • 8.2.4. Business Strategy
  • 8.2.5. Recent Developments
• 8.3. Honeywell International, Inc.
  • 8.3.1. Overview
  • 8.3.2. Financials
  • 8.3.3. Product Portfulio
  • 8.3.4. Business Strategy
  • 8.3.5. Recent Developments
• 8.4. 3M
  • 8.4.1. Overview
  • 8.4.2. Financials
  • 8.4.3. Product Portfulio
  • 8.4.4. Business Strategy
  • 8.4.5. Recent Developments
• 8.5. Johnson Contruls, Inc.
  • 8.5.1. Overview
  • 8.5.2. Financials
  • 8.5.3. Product Portfulio
  • 8.5.4. Business Strategy
  • 8.5.5. Recent Development
• 8.6. DuPont
  • 8.6.1. Overview
  • 8.6.2. Financials
  • 8.6.3. Product Portfulio
  • 8.6.4. Business Strategy
  • 8.6.5. Recent Development
• 8.7. BASF
  • 8.7.1. Overview
  • 8.7.2. Financials
  • 8.7.3. Product Portfulio
  • 8.7.4. Business Strategy
  • 8.7.5. Recent Development
• 8.8. Robert Bosch GmbH
  • 8.8.1. Overview
  • 8.8.2. Financials
  • 8.8.3. Product Portfulio
  • 8.8.4. Business Strategy
  • 8.8.5. Recent Development
• 8.9. ZF Friedrichshafen
  • 8.9.1. Overview
  • 8.9.2. Financials
  • 8.9.3. Product Portfulio
  • 8.9.4. Business Strategy
  • 8.9.5. Recent Development
• 8.10. Automotive Technulogy Products LLC
  • 8.10.1. Overview
  • 8.10.2. Financials
  • 8.10.3. Product Portfulio
  • 8.10.4. Business Strategy
  • 8.10.5. Recent Development
• 8.11. Federal-Mogul LLC
  • 8.11.1. Overview
  • 8.11.2. Financials
  • 8.11.3. Product Portfulio
  • 8.11.4. Business Strategy
  • 8.11.5. Recent Development
• 8.12. Henkel AG&Co. KGaA
  • 8.12.1. Overview
  • 8.12.2. Financials
  • 8.12.3. Product Portfulio
  • 8.12.4. Business Strategy
  • 8.12.5. Recent Development
• 8.13. Caliber Cullision
  • 8.13.1. Overview
  • 8.13.2. Financials
  • 8.13.3. Product Portfulio
  • 8.13.4. Business Strategy
  • 8.13.5. Recent Development