Learn about the global automotive repair and maintenance market through The Business Research Company, which provides information on automotive repair and maintenance market size, automotive repair and maintenance market drivers and restraints, automotive repair and maintenance market players, the COVID-19 impact on the automotive repair and maintenance market, and more. 

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The global automotive repair and maintenance market is expected to grow from $641. billion in 2020 to $690.7 billion in 2021 at a compound annual growth rate (CAGR) of 7.%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $879. billion in 2025 at a CAGR of 6%.

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The automotive repair and maintenance market consists of sales of automotive repair and maintenance services by entities (organizations, sole traders and partnerships) that provide automotive repair and maintenance services for passenger automobiles, commercial vehicles and motorcycles and bicycles.

Global Automotive Repair And Maintenance Market Segments Include:

By Type: Automotive Mechanical and Electrical Repair and Maintenance, Automotive Body, Paint, Interior, and Glass Repair, Other Automotive Repair and Maintenance

By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Bike & Scooter

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, Automotive Oil Change and Lubrication, Car Washes, All Other Automotive Repair and Maintenance

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the global automotive repair and maintenance market, accounting for 33% of the market in 2020.

Automotive repair and maintenance services companies are increasingly using artificial intelligence based automated vehicle inspection technology for vehicle inspection. Automated vehicle inspection systems capture pictures of the vehicle entering the cabin from multiple angles and uploads it to the central computing system which then compares it with standards to identify deviations. The system generates a report with an overview of all the issues flagged in the car and the required actions needed to be taken.

TBRC’s automotive repair and maintenance market report covers:

Major Market Players: Arnold Clark Automobiles Limited, Asbury Automotive Group, Ashland Automotive, Belron International Ltd. Carmax Autocare Center.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Automotive Repair And Maintenance Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides automotive repair and maintenance market overviews, analyzes and forecasts market size, share, automotive repair and maintenance market players, automotive repair and maintenance market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s automotive repair and maintenance market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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