The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The Business Research Company’s Authorized Car Service Center Global Market Report 2024 offers crucial insights into the authorized car service center market help businesses analyse and build stronger strategies.

The rapid growth of the automobile industry is expected to boost the growth of the authorized car service center market going forward.

• The automobile industry encompasses manufacturing, distribution, retail, and upkeep of automobiles.
• Vehicles are serviced at authorized centers to ensure authentic OEM parts and genuine services.
• The growth in the automobile industry necessitates more authorized service centers to meet demand.

Technological Advancements Propel Growth In Authorized Car Service Centers

Technological advancement is a key trend in the authorized car service center market, with companies focusing on developing new technologies.

• Volvo Car Corporation launched UVeye, an automated vehicle inspection technology, in March 2022.
• UVeye employs high-speed, camera-based systems for quicker and thorough inspections.
• Technology advancements enhance efficiency and accuracy in car servicing procedures.

Read The Full Authorized Car Service Center Market Report Here:
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Performance Plus Quick Oil Change Enhances Leadership With Sparkle Car Care Centers Acquisition

In February 2023, Performance Plus Quick Oil Change acquired Sparkle Car Care Centers, strengthening its position in the sector.

• The acquisition aims to deepen and strengthen Performance Plus’s leadership position.
• Sparkle Car Care Centers is known for quality car washes and efficient oil changes.
• Synergy between the two companies is expected to enhance service offerings.

Market Segmentation

The authorized car service center market is segmented based on various factors:

1. By Auto Body Workshop:
   • OEM Authorized Workshops
   • Organized Multi-Brand Service Providers
2. By Service:
   • Engine
   • Transmission
   • Brakes
   • Suspension
   • Electrical
   • Body
   • Tire
   • Belts And Accessories
3. By Vehicle Age:
   • Less Than Three Years
   • More Than Three Years

Regional Insights
North America dominated the authorized car service center market in 2023.

• The region accounted for a significant share of the market.
• Factors such as rising vehicle ownership rates and technological advancements contribute to market growth.
• Presence of key market players and a developed automotive industry bolster market expansion.

Forecast and Future Trends

The authorized car service center market is projected to witness strong growth in the forecast period.

• Market size is expected to reach $299.61 billion in 2028, driven by factors like the growing fleet of electric vehicles and advancements in automotive technologies.
• Major trends include emphasis on sustainability practices, introduction of subscription-based services, and integration of augmented reality in service procedures.
• Companies need to adapt to changing consumer preferences and technological innovations to stay competitive.

Conclusion

The authorized car service center market is experiencing robust growth, driven by factors such as the surge in the automobile industry and technological advancements.

• Market players need to focus on innovation and customer-centric strategies to capitalize on emerging opportunities.
• With the rise of electric vehicles and sustainability concerns, there is a growing need for environmentally friendly solutions in car servicing.
• Strategic partnerships and acquisitions will continue to shape the competitive landscape, enhancing service offerings and market reach.

As the market evolves, companies must stay agile and responsive to changing consumer demands and industry trends to maintain their relevance and leadership in the authorized car service center sector.

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The Authorized Car Service Center Global Market Report 2024  provides a comprehensive outlook of the authorized car service center market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The authorized car service center market forecast offers a thorough analysis on authorized car service center market size, authorized car service center market share, prominent players and their strategies.

The Table Of Content For The Authorized Car Service Center Market Include:

1. Authorized Car Service Center Market Executive Summary
2. Authorized Car Service Center Market Segments
3. Authorized Car Service Center Market Size And Authorized Car Service Center Market Growth Rate
4. Key Authorized Car Service Center Market Trends
5. Major Authorized Car Service Center Market Drivers
……
25. Key Mergers And Acquisitions In The Authorized Car Service Center Market
26. Top Authorized Car Service Center Companies
27. Authorized Car Service Center Market Opportunities And Strategies
28. Authorized Car Service Center Market, Conclusions And Recommendations
29. Appendix

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