Automotive Repair and Maintenance Market Trends 2025-2034: Growth, Strategic Insights, and Opportunities Ahead
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Major Innovations Are Driving the Accelerated Growth of the Automotive Repair and Maintenance Market?
Service providers for automotive repair and maintenance are progressively employing diagnostic devices in client vehicles to enhance their services. Tools for on-board diagnosis are utilized to monitor the vehicle’s state and detect possible issues via running diagnostic tests. For instance, Koovers, a provider of car maintenance services, offers a diagnostic device onboard its customers’ registered vehicles. Their call center identifies errors reported by the tool and contacts the customer for necessary repair work. This allows garages to find the required parts for a vehicle even before the car comes in for service, effectively reducing the wait time.
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#How Does the ProjectedAutomotive Repair and Maintenance Market Growth Compare Over the Forecast Period?
The market of automotive repair and maintenance has seen substantial growth in the past years. It is forecasted to expand from $960.98 billion in 2024 to $1051.52 billion in 2025, with a compound annual growth rate (CAGR) of 9.4%. The growth in the preceding period can be credited to an increase in disposable income, enhancing environmental awareness about e-waste which encourages companies to recycle automotive parts, robust economic development in emerging markets, and fast-paced urbanization.
Expectations are high for robust expansion in the automotive repair and maintenance market in the upcoming years. The market is projected to surge to $1469.64 billion by 2029 with an 8.7% compound annual growth rate (CAGR). This predicted growth can be ascribed to factors such as the rising emphasis on sustainability, an increasing rate of vehicle breakdowns, cost effectiveness of repairing old vehicles, more stringent government regulations on automotive waste management, and the escalating costs of purchasing new vehicles. Key trends forecasted for this period involve the adoption of predictive maintenance solutions for vehicles, implementation of improved safety measures, the inclusion of cutting-edge technology in servicing, utilization of big data analyses in firm operations for real-time enhancements, and a concentration on mergers and acquisitions for boosting revenue and market share.
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What Are the Most Significant Market Trends Transforming theAutomotive Repair and Maintenance Market?
In the automotive repair and maintenance services industry, there’s a growing trend of employing automated vehicle inspection technology based on artificial intelligence. These automated systems take images of the vehicle from multiple perspectives as it enters the cabin, which are then uploaded to a centralised computing system for comparison against standards to detect any irregularities. A comprehensive report is subsequently generated, outlining all the detected problems in the car and the required rectification actions. A case in point is the US tech firm Amazon, which rolled out its AI-Powered Automated Vehicle Inspection (AVI) technology in January 2024. AVI utilises cutting-edge AI to spot irregularities in delivery vehicles before they become safety hazards, thus improving fleet safety and reliability. This system, developed in collaboration with UVeye, automates inspections, pinpointing problems such as tire defects that are hard to identify manually. It offers fleet managers valuable insights, allowing them to address recurring problems, enhance route safety, and forestall any potential failures on the road. AVI’s scalability guarantees safety throughout Amazon’s massive delivery network, which processes over 20 million packages daily.
What Are the Top Market Players Propelling the Growth of theAutomotive Repair and Maintenance Industry?
Major companies operating in the automotive repair and maintenance market include LKQ Corporation, Belron International Ltd., Monro Muffler Brake, Asbury Automotive Group Inc., Lookers PLC, Halfords, ComfortDelGro Corporation, Nextage Co., Ltd., Bigmotor Co., Ltd., Evergreen Motors, Kothari Auto Link Private Limited, Modi Motors Agencies Private Limited, China Grand Automobile Service Co., Ltd, Xianglong Borui Auto Services (Group) Co., Ltd., Sanhe Group, Changzhou Tourism Automobile Group Co., Ltd, Nanchong Kunhe Automobile Trading Co., Ltd., Kwik-Fit (GB), ATS Euromaster Ltd, Berlin Motor Works, A R German Motors, MAN Truck & Bus Deutschland GmbH, Mobivia SA, Euromaster France SNC, Carglass SAS, Hyundai Motor Manufacturing Rus Limited Liability Company, Nokian Shina Ltd., Arkhangelski Tsbk, Ao, Limited Liability Company Pcma Rus, Tatneft-Azs-Severo-Zapad, Ooo, Llc Bridgestone C.I.S., Societe A Responsabilite Limitee Peugeot Citroen RuS, Midas International, Meineke Car Care Centers, CARSTAR Franchise Systems, AAMCO Transmissions and Total Care, Precision Tune Auto Care, Christian Brothers Automotive, Tuffy Tire and Auto Service, Milex Complete Auto Care/Mr. Transmission, Honest-1 Auto Care, Darlon Wilian Da Silva Gusmao, Ademir Vacari, Auto Socorro Do Careca Ltda, Neutrans S.A., Bosch Car Service, Z F Services Middle East L.L.C, Emrill Services L.L.C, Amana Contracting & Steel Building Company – W L L, Al Naboodah Contracting Co. (L.L.C), Saeed Mohd. Al Ghandi & Sons, Ag Facilities Solutions L.L.C, Al Futtaim Auto & Machinery Company (Llc) – Famco, Al Shirawi Enterprises (L.L.C), Yanfeng South Africa Automotive Interior Systems (Pty) Ltd, Germatic Autobody CC, Kempster Sedgwick (Pty) Ltd, Prommac (Pty) Ltd, Federal-Mogul Of South Africa (Pty) Ltd, Tracker Connect (Pty) Ltd
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Which Primary Segments of the Automotive Repair and Maintenance Market Are Driving Growth and Industry Transformations?
The automotive repair and maintenance market covered in this report is segmented –
1) By Type: Automotive Mechanical And Electrical Repair And Maintenance, Automotive Body, Paint, Interior, And Glass Repair, Other Automotive Repair And Maintenance
2) By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Bike And Scooter
3) By Service Provider: Automotive Dealership, Franchise General Repair, Specialty Shop, Locally Owned Repair Shops Or Body Shop, Others
Subsegments:
1) By Automotive Mechanical And Electrical Repair And Maintenance: Engine Repair And Maintenance, Transmission Repair, Brake System Repair, Electrical System Repair, HVAC System Repair, Suspension And Steering Repair
2) By Automotive Body: Collision Repair, Dent Repair, Frame Straightening, Body Panel Replacement
3) By Paint: Scratch and Dent Touch-Up, Full Repainting, Clear Coat Restoration, Custom Paint Jobs
4) By Interior: Upholstery Repair, Dashboard Repair, Carpet Replacement, Seat Reupholstering
5) By Glass Repair: Windshield Replacement, Chip Repair, Window Tinting, Side and Rear Glass Replacement
6) By Other Automotive Repair And Maintenance: Tire Repair And Replacement, Routine Maintenance (Oil Changes, Filter Replacements), Diagnostic Services, Performance Upgrades And Modifications
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Which Regions Are Key Players in the Growth of the #What Major Innovations Are Driving the Accelerated Growth of the Automotive Repair and Maintenance Market?# Market?
Western Europe was the largest region in the automotive repair and maintenance market in 2024. Asia-Pacific was the second-largest region in the automotive repair and maintenance market. The regions covered in the automotive repair and maintenance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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