Motor Vehicle Engine and Parts Repair and Maintenance in New Zealand - Industry Research Report

Braking Down: Declining Consumer Sentiment Has Limited Demand for Non-Essential Repairs

Revenue is projected to drop at a compound annual rate of 0.6% to $2.8 billion over the five years through 2022-23, including revenue decline of 1.4% in 2022-23. Companies in the Motor Vehicle Engine and Parts Repair and Maintenance industry provide services for passenger cars, trucks, motorcycles, scooters, boat and box trailers, and other commercial vehicles. Industry services include engine, brake, muffler and other parts repairs, as well as regular vehicle servicing. Operators that mainly perform smash repairs and electrical servicing are not included in the industry. Car repairers performed poorly over the past five years, as consumer sentiment remained negative for the majority of the period. Revenue is projected to drop at a compound annual rate of 0.6% to $2.8 billion over the five years through 2022-23, including revenue decline of 1.4% in 2022-23.

Industry operators primarily repair motor vehicle engines and parts, and perform regular vehicle maintenance services. Vehicle smash and electrical repairs are excluded from the industry.

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.