Repair and Maintenance Market Report 2026

The repair and maintenance market size has grown strongly in recent years. It will grow from $1.71 trillion in 2025 to $1.84 trillion in 2026 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to equipment wear growth, rising consumer electronics ownership, industrial expansion, vehicle population rise, infrastructure aging.

The repair and maintenance market size is expected to see strong growth in the next few years. It will grow to $2.5 trillion in 2030 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to smart maintenance adoption, predictive servicing demand, industrial automation support needs, increasing equipment life extension focus, growth in service outsourcing. Major trends in the forecast period include rising demand for professional maintenance services, increasing focus on preventive servicing, growing adoption of technology-enabled diagnostics, rising requirement for specialized repair services, increasing demand from industrial and automotive sectors.

The growing automotive production is expected to propel the growth of the repair and maintenance market going forward. The automotive industry encompasses organizations involved in the design, development, manufacture, marketing, sale, and servicing of motor vehicles. Repair and maintenance play a critical role in sustaining the longevity, reliability, and safety of vehicles, ensuring they operate efficiently throughout their lifecycle. As automotive production increases, the need for routine servicing, component replacement, and repairs also rises, directly supporting market growth. For instance, in May 2025, according to the European Automobile Manufacturers’ Association (ACEA), a Belgium-based motor vehicle manufacturing association, South American car production increased by 1.7% in 2024 compared to 2023, largely driven by Brazil, which recorded a 6.3% rise, producing around 1.9 million cars. Additionally, global bus production reached 362,005 units in 2024, reflecting a 10.3% increase from 2023. Therefore, growing automotive production is driving the repair and maintenance market.

Leading companies in the repair and maintenance sector are launching innovative applications, such as the Frontdoor app, to deliver reliable services to customers. The Frontdoor app aims to transform home maintenance and repair by offering homeowners a comprehensive solution for all their repair and maintenance needs. For example, in April 2023, Frontdoor Inc., a U.S.-based appliance repair and maintenance company, introduced the Frontdoor app. This groundbreaking mobile app is designed to meet the evolving demands of tech-savvy homeowners and addresses a variety of issues, including malfunctioning toilets and washing machines. Homeowners can use the app to video chat with pre-qualified experts for real-time diagnoses and solutions.

In November 2023, Henkel, a Germany-based company involved in consumer and industrial businesses, acquired the U.S.-based Critica Infrastructure for an undisclosed amount. Henkel has been expanding its portfolio of maintenance, repair, and overhaul (MRO) solutions in recent years, and this acquisition adds a significant, innovative, and certified range of composite repair and reinforcement products for the industrial and municipal infrastructure markets. Critica Infrastructure is a specialized supplier of MRO composite solutions based in the U.S.

Major companies operating in the repair and maintenance market report are Bridgestone Americas Inc., Asbury Automotive Group Inc., Sonic Automotive Inc., Firestone Complete Auto Care, Belron, Boyd Group Services Inc., Safelite Group Inc., Valvoline Inc., Driven Brands Inc., Jiffy Lube International Inc., MONRO Inc., Les Schwab Tire Centers, Mavis Tire Supply Corporation, ABRA Auto Body & Glass, Service King Collision Repair, Meineke Car Care Centers Inc., American Residential Services, Midas International Corporation, Caliber Holdings LLC, Handyman Connection, Christian Brothers Automotive Corporation.

Asia-Pacific was the largest region in the repair and maintenance market in 2025. Western Europe was the second-largest region in the repair and maintenance market. The regions covered in the repair and maintenance market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the repair and maintenance market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The repair and maintenance market consists of revenues earned by entities that provide repair and maintenance services for automotive, personal goods, electronics, and other products but excluding aerospace and defense equipment. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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