The automotive repair and service market was valued at $1.12 trillion in 2024 and is estimated to reach $2.35 trillion by 2034, exhibiting a CAGR of 7.6% from 2025 to 2034.
Automotive repair and service involve the maintenance, inspection, and repair of various vehicle systems and components, including engine oil, gear oil, brake fluid, and more. Technicians perform routine checks, diagnose mechanical issues, and provide tailored repair solutions. The industry also includes aftermarket service providers that help extend vehicle lifespan by replacing essential parts such as tires, batteries, air filters, oil filters, cabin filters, wiper blades, starters, alternators, wear-and-tear components, and collision body parts.
The market is driven by factors such as rise in automotive sales, growth in post-sale services, and increase in stringent government regulations requiring the replacement or upgrade of vehicle components. However, challenges such as volatile raw material prices and the growing demand for shared mobility options may hinder market growth. Despite this, emerging trends - such as increased vehicle customization, rising disposable incomes, and growing demand for advanced safety features - are creating significant opportunities for market players.
Consumer interest in upgrading vehicle aesthetics and functionality fuels demand for advanced components, contributing to the growth of the aftermarket service segment. This, in turn, is accelerating the overall expansion of the automotive repair and service market. Automotive component manufacturers also play a vital role. For example, in 2024, Jiffy Lube International, Inc. expanded its service center network across key U.S. metropolitan areas, including the opening of a flagship location in Shelby Township, Michigan, offering services such as tire care, brake repair, and diagnostics.
In addition, personalization and aesthetic enhancement have become priorities for many vehicle owners. Popular customization options now include chrome accessories, aerodynamic spoilers, adaptive LED lighting, premium alloy wheels, and integrated smart technology, thus enhancing both the style and functionality of vehicles. This rising demand for passenger car accessories is not only boosting vehicle appeal but also serving as a key driver of growth within the global automotive repair and service market.
In addition, in response to changing consumer preferences, there is rising demand for enhanced comfort, aesthetic appeal, and premium in-vehicle experiences, particularly in the passenger vehicle segment. This trend is opening up opportunities for innovation in infotainment systems, customizable controls, and high-quality interior materials. Automakers like Audi and BMW capitalize on this by integrating luxury features and setting new industry standards. These developments are driving strong demand and unlocking significant growth potential in the automotive repair and service market, especially in the areas of diagnostics, safety features, and smart mobility solutions, throughout the forecast period.
The automotive repair and service market is segmented on the basis of type, service provider, vehicle type, propulsion type, and region. By type, the market is divided into mechanical, exterior & structural, and maintenance services. By service provider, it is fragmented into franchise general repairs, OEM authorized service centers, local garage, tire stores & repair chains, and others. By vehicle type, it is categorized into passenger cars, light commercial vehicles, heavy commercial vehicles, and two wheelers. By propulsion type, it is further classified into internal combustion engine (ICE) and electric. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The leading players operating in the automotive repair and services market are Asbury Automotive Group, Inc., Carmax Autocare Center, CarParts.com, Inc., EUROPART, Firestone Complete Auto Care, Hance's European, Inter Cars S.A., Jiffy Lubes International, Inc., LKQ Corporation, M&M Automotive, MEKO, Mobivia Groupe, myTVS Accessories, Safelite Group, Sun Auto Service, USA Automotive, and Wrench, Inc.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the automotive repair and service market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global automotive repair and service market trends, key players, market segments, application areas, and market growth strategies.
Automotive repair and service involve the maintenance, inspection, and repair of various vehicle systems and components, including engine oil, gear oil, brake fluid, and more. Technicians perform routine checks, diagnose mechanical issues, and provide tailored repair solutions. The industry also includes aftermarket service providers that help extend vehicle lifespan by replacing essential parts such as tires, batteries, air filters, oil filters, cabin filters, wiper blades, starters, alternators, wear-and-tear components, and collision body parts.
The market is driven by factors such as rise in automotive sales, growth in post-sale services, and increase in stringent government regulations requiring the replacement or upgrade of vehicle components. However, challenges such as volatile raw material prices and the growing demand for shared mobility options may hinder market growth. Despite this, emerging trends - such as increased vehicle customization, rising disposable incomes, and growing demand for advanced safety features - are creating significant opportunities for market players.
Consumer interest in upgrading vehicle aesthetics and functionality fuels demand for advanced components, contributing to the growth of the aftermarket service segment. This, in turn, is accelerating the overall expansion of the automotive repair and service market. Automotive component manufacturers also play a vital role. For example, in 2024, Jiffy Lube International, Inc. expanded its service center network across key U.S. metropolitan areas, including the opening of a flagship location in Shelby Township, Michigan, offering services such as tire care, brake repair, and diagnostics.
In addition, personalization and aesthetic enhancement have become priorities for many vehicle owners. Popular customization options now include chrome accessories, aerodynamic spoilers, adaptive LED lighting, premium alloy wheels, and integrated smart technology, thus enhancing both the style and functionality of vehicles. This rising demand for passenger car accessories is not only boosting vehicle appeal but also serving as a key driver of growth within the global automotive repair and service market.
In addition, in response to changing consumer preferences, there is rising demand for enhanced comfort, aesthetic appeal, and premium in-vehicle experiences, particularly in the passenger vehicle segment. This trend is opening up opportunities for innovation in infotainment systems, customizable controls, and high-quality interior materials. Automakers like Audi and BMW capitalize on this by integrating luxury features and setting new industry standards. These developments are driving strong demand and unlocking significant growth potential in the automotive repair and service market, especially in the areas of diagnostics, safety features, and smart mobility solutions, throughout the forecast period.
The automotive repair and service market is segmented on the basis of type, service provider, vehicle type, propulsion type, and region. By type, the market is divided into mechanical, exterior & structural, and maintenance services. By service provider, it is fragmented into franchise general repairs, OEM authorized service centers, local garage, tire stores & repair chains, and others. By vehicle type, it is categorized into passenger cars, light commercial vehicles, heavy commercial vehicles, and two wheelers. By propulsion type, it is further classified into internal combustion engine (ICE) and electric. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The leading players operating in the automotive repair and services market are Asbury Automotive Group, Inc., Carmax Autocare Center, CarParts.com, Inc., EUROPART, Firestone Complete Auto Care, Hance's European, Inter Cars S.A., Jiffy Lubes International, Inc., LKQ Corporation, M&M Automotive, MEKO, Mobivia Groupe, myTVS Accessories, Safelite Group, Sun Auto Service, USA Automotive, and Wrench, Inc.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the automotive repair and service market analysis from 2024 to 2034 to identify the prevailing automotive repair and service market opportunities.The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the automotive repair and service market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global automotive repair and service market trends, key players, market segments, application areas, and market growth strategies.
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Key Market Segments
By Type
- Mechanical
- Exterior and Structural
- Maintenance Services
- Electrical
- Others
By Service provider
- Local Garage
- Tire Stores and Repair Chains
- Others
- Franchise General Repairs
- OEM Authorized Service Centers
By Vehicle Type
- Passenger Cars
- Subsegment
- North America Passenger Cars◦ Propulsion Type
- Europe Passenger Cars◦ Propulsion Type
- Asia-Pacific Passenger Cars◦ Propulsion Type
- LAMEA Passenger Cars◦ Propulsion Type
- Light Commercial Vehicles
- Subsegment
- North America Light Commercial Vehicles◦ Propulsion Type
- Europe Light Commercial Vehicles◦ Propulsion Type
- Asia-Pacific Light Commercial Vehicles◦ Propulsion Type
- LAMEA Light Commercial Vehicles◦ Propulsion Type
- Heavy Commercial Vehicles
- Subsegment
- North America Heavy Commercial Vehicles◦ Propulsion Type
- Europe Heavy Commercial Vehicles◦ Propulsion Type
- Asia-Pacific Heavy Commercial Vehicles◦ Propulsion Type
- LAMEA Heavy Commercial Vehicles◦ Propulsion Type
- Two Wheelers
- Subsegment
- North America Two Wheelers◦ Propulsion Type
- Europe Two Wheelers◦ Propulsion Type
- Asia-Pacific Two Wheelers◦ Propulsion Type
- LAMEA Two Wheelers◦ Propulsion Type
By Propulsion Type
- Internal Combustion Engine (ICE)
- Electric
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Carmax Autocare Center
- Jiffy Lube International, Inc.
- M&M Automotive
- Safelite Group
- Wrench, Inc.
- Asbury Automotive Group
- Firestone Complete Auto Care
- Inter Cars
- Mobivia
- SUN AUTO SERVICE
- USA Automotive
- LKQ Corporation
- EUROPART
- Hance's European
- TVS Automobile Solutions Pvt. Ltd.
- MEKO
- CarParts.com, Inc.
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: AUTOMOTIVE REPAIR AND SERVICE MARKET, BY TYPE
CHAPTER 5: AUTOMOTIVE REPAIR AND SERVICE MARKET, BY SERVICE PROVIDER
CHAPTER 6: AUTOMOTIVE REPAIR AND SERVICE MARKET, BY VEHICLE TYPE
CHAPTER 7: AUTOMOTIVE REPAIR AND SERVICE MARKET, BY PROPULSION TYPE
CHAPTER 8: AUTOMOTIVE REPAIR AND SERVICE MARKET, BY REGION
CHAPTER 9: COMPETITIVE LANDSCAPE
CHAPTER 10: COMPANY PROFILES
LIST OF TABLES
LIST OF FIGURES
Executive Summary
According to the report, titled, “Automotive Repair and Service Market," the automotive repair and service market was valued at $789.80 billion in 2021, and is estimated to reach $1,656.21 billion by 2031, growing at a CAGR of 7.6% from 2022 to 2031.Automotive repair and service are typically attributed to repairing automotive machines when they malfunction or no longer run correctly. Automotive repair and service are required to keep vehicles driving down the road. Automotive engines must be serviced regularly to keep them in good operating condition. At present, many countries are mandating stringent rules and regulations to replace car accessories after the expiry date. For instance, National Highway Traffic Safety Administration (NHTSA) has stated a new regulatory norm for car parts such as tires, rims, seat belts, and others to be manufactured initially and must be replaced according to the life span of the product. Such mandates are expected to boost the sales of passenger car accessories, thereby contributing to market growth.
In addition, the automotive repair and service market has witnessed significant growth in recent years, owing to the increased demand for improved vehicle performance & safety and the collaboration of local shop owners with fleet operators to provide repair and maintenance services at discounted prices. Furthermore, the companies operating in the automotive repair and service indusry have adopted partnerships, investments, and business expansion to increase their market share and expand their geographical presence. For instance, in December 2019, Jiffy Lube International, Inc. expanded its presence by opening a new automotive service center in Milwaukee, Wisconsin. The service center offered a wide range of automotive services for components, including brakes, tires, and engine diagnostics.
The factors such as increasing automotive sales, growth of automotive post sale services, and stringent government regulations to replace or upgrade vehicle components supplement the growth of the automotive repair and service market. However, volatile prices of raw materials and rise in demand for shared mobility are the factors expected to hamper the growth of the market. In addition, rise in trend of vehicle customization coupled with increase in disposable income and increasing automotive safety norms & demand for technologically advanced features creates market opportunities for the key players operating in the automotive repair and service market.
COVID-19 Impact Analysis
The automotive industry acts as a core supporting block for multiple economies such as the U.S., China, and India. The automotive industry has observed a decline in sales and revenue, owing to lockdown sand restrictions implemented by nations globally. Sales and aftersales services of the automotive industry were severely hit by the pandemic and led to a rise in adoption of cost-cutting measures by automotive companies, such as decreasing operational costs and workforce globally. Economic impacts of the COVID-19 outbreak on the automotive industry have major impacts on subsidiary industries such as automotive components and automotive aftermarket industries. Surge in COVID-19 cases globally forced authorities to impose unanticipated closure of international and national borders since the inception of the COVID-19 outbreak in early 2020. The production of vehicles was stunted globally, owing to the pandemic and the automotive manufacturers focused on development of new products and announced strategic expansion and collaboration across the industry.Key Findings of the Study
- By type, the maintenance services segment dominated the global automotive repair and service market in terms of growth rate.
- By service provider, the others segment dominated the global automotive repair and service market in terms of growth rate.
- By vehicle type, the heavy commercial vehicles segment dominated the global automotive repair and service market in terms of growth rate.
- By propulsion type, the electric segment dominated the global automotive repair and service market in terms of growth rate.
- The leading players operating in the automotive repair and services market are Asbury Automotive Group, Inc., Carmax Autocare Center, CarParts.com, Inc., EUROPART, Firestone Complete Auto Care, Hance's European, Inter Cars S.A., Jiffy Lubes International, Inc., LKQ Corporation, M&M Automotive, MEKO, Mobivia Groupe, myTVS Accessories, Safelite Group, Sun Auto Service, USA Automotive, and Wrench, Inc.
Companies Mentioned
- Carmax Autocare Center
- Jiffy Lube International, Inc.
- M&M Automotive
- Safelite Group
- Wrench, Inc.
- Asbury Automotive Group
- Firestone Complete Auto Care
- Inter Cars
- Mobivia
- SUN AUTO SERVICE
- USA Automotive
- LKQ Corporation
- EUROPART
- Hance's European
- TVS Automobile Solutions Pvt. Ltd.
- MEKO
- CarParts.com, Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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