Motor Vehicle Maintenance & Repair in the UK - Market Research Report (2014-2029)

Demand accelerates: The growing popularity of used vehicles hikes the need for repair services

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Revenue for the Motor Vehicle Maintenance and Repair industry is forecast to drop at a compound annual rate of 1.3% over the five years through 2023-24 to £30.1 billion, including a forecast expansion of 1.1% in 2023-24. Garages provide private and commercial customers with essential and non-essential repair and maintenance services. The number of registered cars on UK roads is rising, enhancing the need for repairs. However, the car repair market has registered a mixed performance recently.

Companies in the industry maintain and repair motor vehicles. They carry out general mechanical and electrical repairs as well as maintenance and servicing. The industry only includes companies that specialise in maintenance and repair activities. Car washes are also included in the industry. Car washes operated by petrol stations and companies that retread and rebuild tyres do not fall under this industry.