The global automotive collision repair market is expected to reach an estimated $204.6 billion by 2030 with a CAGR of 1.8% from 2024 to 2030.
The major drivers for this market are significant demand for two-wheelers, escalating number of road accidents & fatalities, and growing need for powder coating based light-duty vehicles. The future of the global automotive collision repair market looks promising with opportunities in the light-duty vehicle and heavy-duty vehicle markets.
Within this market, light-duty vehicle is expected to witness the higher growth over the forecast period.
APAC is expected to witness highest growth over the forecast period.
Answer: The global automotive collision repair market is expected to reach an estimated $204.6 billion by 2030.
Q2. What is the growth forecast for automotive collision repair market?
Answer: The global automotive collision repair market is expected to grow with a CAGR of 1.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the automotive collision repair market?
Answer: The major drivers for this market are significant demand for two-wheelers, escalating number of road accidents & fatalities, and growing need for powder coating based light-duty vehicles.
Q4. What are the major segments for automotive collision repair market?
Answer: The future of the automotive collision repair market looks promising with opportunities in the light-duty vehicle and heavy-duty vehicle markets.
Q5. Who are the key automotive collision repair market companies?
Answer: Some of the key automotive collision repair companies are as follows:
Answer: The publisher forecasts that spare part is expected to witness the highest growth over the forecast period.
Q7. In automotive collision repair market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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The major drivers for this market are significant demand for two-wheelers, escalating number of road accidents & fatalities, and growing need for powder coating based light-duty vehicles. The future of the global automotive collision repair market looks promising with opportunities in the light-duty vehicle and heavy-duty vehicle markets.
Automotive Collision Repair by Segment
The study includes a forecast for the global automotive collision repair by vehicle type, product type, service channel, and region.Automotive Collision Repair Market by Vehicle Type [Shipment Analysis by Value from 2018 to 2030]:
- Light-Duty Vehicle
- Heavy-Duty Vehicle
Automotive Collision Repair Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
- Paint and Coatings
- Consumable
- Spare Parts
Automotive Collision Repair Market by Service Channel [Shipment Analysis by Value from 2018 to 2030]:
- Do-It-Yourself (DIY)
- Do-It-For-Me (DIFM)
- Handling to OEMs (OE)
Automotive Collision Repair Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Automotive Collision Repair Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive collision repair companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive collision repair companies profiled in this report include:- 3M
- Automotive Technology Products
- Continental
- Denso
- Faurecia
- Federal-Mogul
- Honeywell International
- International Automotive Components
- Johnson Controls
- Magna International
Automotive Collision Repair Market Insights
Spare part is expected to witness the highest growth over the forecast period.Within this market, light-duty vehicle is expected to witness the higher growth over the forecast period.
APAC is expected to witness highest growth over the forecast period.
Features of the Global Automotive Collision Repair Market
- Market Size Estimates: Automotive collision repair market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Automotive collision repair market size by vehicle type, product type, service channel, and region in terms of value ($B).
- Regional Analysis: Automotive collision repair market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different vehicle types, product types, service channels, and regions for the automotive collision repair market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automotive collision repair market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the automotive collision repair market size?Answer: The global automotive collision repair market is expected to reach an estimated $204.6 billion by 2030.
Q2. What is the growth forecast for automotive collision repair market?
Answer: The global automotive collision repair market is expected to grow with a CAGR of 1.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the automotive collision repair market?
Answer: The major drivers for this market are significant demand for two-wheelers, escalating number of road accidents & fatalities, and growing need for powder coating based light-duty vehicles.
Q4. What are the major segments for automotive collision repair market?
Answer: The future of the automotive collision repair market looks promising with opportunities in the light-duty vehicle and heavy-duty vehicle markets.
Q5. Who are the key automotive collision repair market companies?
Answer: Some of the key automotive collision repair companies are as follows:
- 3M
- Automotive Technology Products
- Continental
- Denso
- Faurecia
- Federal-Mogul
- Honeywell International
- International Automotive Components
- Johnson Controls
- Magna International
Answer: The publisher forecasts that spare part is expected to witness the highest growth over the forecast period.
Q7. In automotive collision repair market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the automotive collision repair market by vehicle type (light-duty vehicle and heavy-duty vehicle), product type (paint and coatings, consumable, and spare parts), service channel (do-it-yourself (DIY), do-it-for-me (DIFM), and handling to OEMs (OE)), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Global Automotive Collision Repair Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3M
- Automotive Technology Products
- Continental
- Denso
- Faurecia
- Federal-Mogul
- Honeywell International
- International Automotive Components
- Johnson Controls
- Magna International
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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