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The automotive service market is forecasted to grow by USD 351.69 billion during 2022-2027, accelerating at a CAGR of 7.65% during the forecast period. The report on the automotive service market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing vehicle population, growth of automotive post-sale service, and upgradation of vehicle components.
The automotive service market is segmented as below:
By Type
- Mechanical services
- Exterior and structural services
- Maintenance services
By Vehicle Type
- Passenger cars
- Light commercial vehicles
- Two wheelers
- Heavy commercial vehicles
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the automotive service market covers the following areas:
- Automotive service market sizing
- Automotive service market forecast
- Automotive service market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Vehicle Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global automotive service market: Arnold Clark Automobiles Ltd., Asbury Automotive Group Inc., Ashland Automotive Inc., Belron International Ltd., Bridgestone Corp., Carmax Autocare Center, Driven Brands Holdings Inc., EUROPART Group GmbH, Halfords Group Plc, Inter Cars S.A, Jiffy Lube International Inc., LKQ Corp., M and M Automotive, MEKO Auto Components Inc., Mobivia, Monro Inc., Sumitomo Corp., The Goodyear Tire and Rubber Co., USA Automotive, and Wrench Inc.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing vehicle digitization and electrification."
According to the report, one of the major drivers for this market is the increasing vehicle population.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Arnold Clark Automobiles Ltd.
- Asbury Automotive Group Inc.
- Ashland Automotive Inc.
- Belron International Ltd.
- Bridgestone Corp.
- Carmax Autocare Center
- Driven Brands Holdings Inc
- EUROPART Group GmbH
- Halfords Group Plc
- Inter Cars S.A
- Jiffy Lube International Inc.
- LKQ Corp.
- M and M Automotive
- MEKO Auto Components Inc.
- Mobivia
- Monro Inc
- Sumitomo Corp.
- The Goodyear Tire and Rubber Co.
- USA Automotive
- Wrench Inc.
