Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!

What fueled the previous growth in the automotive collision repair market?

The size of the automotive collision repair market has experienced consistent growth over the recent past. The market is projected to increase from $208.85 billion in 2024 to $216.41 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 3.6%. Factors such as the rise in the number of vehicles, increasing frequency of accidents, rising demand for personalized vehicles, advancements in automotive technology, and increased disposable income and readiness to invest in vehicle repairs, are responsible for the growth observed during the historic period.

What will be the automotive collision repair market size in the future?

The auto collision repair industry is slated to witness robust expansion in the coming years, with market size leaping to $270.44 billion in 2029, achieving a compound annual growth rate (CAGR) of 5.7%. This augmentation during the projected period can be tied to burgeoning interest in electric cars, greater uptake of advanced driver assistance systems (ADAS), escalating demand for lightweight materials in auto production, burgeoning popularity of ride-hailing services, and heightened emphasis on vehicle safety measures and guidelines. Noteworthy trends during this period encompass the utilization of augmented reality for repair diagnostics, embracement of ecologically responsible repair procedures, upswing in mobile and immediate repair services, the use of 3D printing for spare part production, and a focus on education and accreditation for repair engineers.

Get your automotive collision repair market report here!

https://www.thebusinessresearchcompany.com/report/automotive-collision-repair-global-market-report

What main drivers are fueling expansion in the automotive collision repair market?

The automotive collision repair market is expected to be driven by an increase in the number of automobile insurance subscriptions. This type of insurance, also known as motor insurance, provides coverage for damage or loss to the insured’s vehicles, be it cars, motorcycles, or commercial vehicles. The upswing in subscribers triggers a demand for enhanced products and services from automotive collision repair businesses. For example, PolicyAdvice, a US-based insurance information site, reported in 2022 that 87% of US drivers are insured, and the market has grown at an average rate of 2.7% in the past five years. Also, according to a 2021 report by Care, an Indian ratings agency, the motor insurance market is set to expand in 2022, with premiums predicted to increase by 6% to 8%. Hence, the growth in automobile insurance subscribers is likely to foster increased demand for automotive collision repair services over the forecasted timeframe.

What key areas define the segmentation of the global automotive collision repair market?

The automotive collision repair market covered in this report is segmented – _x000D_

_x000D_

1) By Product: Crash Parts, Paints And Coatings, Adhesives And Sealants, Abrasives, Finishing Compounds, Other Products_x000D_

2) By Service Channel: DIY, DIFM, OE_x000D_

3) By Automotive Component Shop: Authorized Repair Shops, Independent Garage_x000D_

4) By Vehicle Type: Passenger Vehicles, Light Commercial Vehicles_x000D_

_x000D_

Subsegments:_x000D_

1) By Crash Parts: Bumpers, Fenders, Hoods, Grilles, Lighting Components _x000D_

2) By Paints And Coatings: Base Coats, Clear Coats, Primers, Specialty Coatings_x000D_

3) By Adhesives And Sealants: Structural Adhesives, Sealants For Body Panels, Windshield Adhesives _x000D_

4) By Abrasives: Sanding Discs, Grinding Wheels, Abrasive Pads_x000D_

5) By Finishing Compounds: Polishing Compounds, Cutting Compounds, Finishing Polishes_x000D_

6) By Other Products: Repair Tools, Cleaning Agents, Safety Equipment

Get your free sample now – explore exclusive market insights:

https://www.thebusinessresearchcompany.com/sample.aspx?id=7168&type=smp

Who are the dominant players expanding their reach in the automotive collision repair market?

Major companies operating in the automotive collision repair market include 3M Company, Automotive Technology Products LLC, Denso Corporation, Faurecia India Private Limited, International Automotive Components Group LLC, Caliber Collision Centers Inc., Service King Collision Repair Centers Inc., ABRA Auto Body & Glass LP, Gerber Collision & Glass LLC, Maaco Collision Repair & Auto Painting, CARSTAR Auto Body Repair Experts, Boyd Autobody & Glass, Fix Auto USA, ProColor Collision, Sterling Collision Centers Inc., Classic Collision Inc., 1Collision Network, Crash Champions LLC, Craftsman Collision, Herb’s Paint & Body, Precision Collision Center, PDR Autoworks, Pacific Elite Collision Centers, Dent Wizard International Corporation, Boyd Group Inc., Dent Doctor, Caliber Auto Care, Joe Hudson’s Collision Center, VIVE Collision, Puget Collision LLC

How are evolving market trends shaping automotive collision repair Strategies?

The employment of 3D printing tech is a significant pattern in automotive collision repair market. Several firms participating in this market sector are embracing 3D printing instruments and platforms to maintain their market stance and deliver superior services to their clientele. For instance, in January 2022, a group of institutions from Germany and Canada initiated a new consortium aimed at mechanizing the repair of parts utilizing 3D printing and artificial intelligence. This novel project has been christened the Artificial Intelligence Enhancement of Process Sensing for Adaptive Laser Additive Manufacturing (AI-SLAM).

Unlock exclusive market insights – purchase your research report now for a swift delivery!

https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7168

Which regions are emerging as leaders in the automotive collision repair market?

Western Europe was the largest region in the automotive collision repair market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive collision repair market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Browse Through More Similar Reports By The Business Research Company:

Automobiles And Heavy Equipment Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/automobiles-and-heavy-equipment-global-market-report

Electric Motor And Generator Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/electric-motor-and-generator-global-market-report

Automobile Rental And Leasing Global Market Opportunities And Strategies To 2030: COVID 19 Impact And Recovery

https://www.thebusinessresearchcompany.com/report/automobile-rental-and-leasing-market

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: