The vehicle repair & maintenance market has witnessed exponential growth in the last few years. This growth is projected to continue, subsequently increasing demand of automotive repair & maintenance services for regular vehicle checkups to avoid any malfunction. Factors such as increase in automotive production and vehicle fleet size have boosted the repair and maintenance market.
This report contains market size and forecasts of Vehicle Repair & Maintenance Service in Global, including the following market information:
Global Vehicle Repair & Maintenance Service Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Vehicle Repair & Maintenance Service market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Engine Parts Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Vehicle Repair & Maintenance Service include Jiffy Lubes International, Firestone Complete Auto Care, Monro Muffler Brake, Driven Brands, Asbury Automotive Group, Sumitomo Corporation, Belron International, Meineke Car Care Center and Goodyear Tire & Rubber, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Vehicle Repair & Maintenance Service companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Vehicle Repair & Maintenance Service Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Vehicle Repair & Maintenance Service Market Segment Percentages, by Type, 2021 (%)
Engine Parts
Chassis Parts
Interior Parts
Body Parts
Others
Global Vehicle Repair & Maintenance Service Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Vehicle Repair & Maintenance Service Market Segment Percentages, by Application, 2021 (%)
Passenger Vehicle
Commercial Vehicle
Global Vehicle Repair & Maintenance Service Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Vehicle Repair & Maintenance Service Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Vehicle Repair & Maintenance Service revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Vehicle Repair & Maintenance Service revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Jiffy Lubes International
Firestone Complete Auto Care
Monro Muffler Brake
Driven Brands
Asbury Automotive Group
Sumitomo Corporation
Belron International
Meineke Car Care Center
Goodyear Tire & Rubber
Ashland Automotive
Carmax Autocare Center
Safelite Group
Midas
OTC Tools
Rust-Oleum
GearWrench
Chemical Guys
Schumacher
Pro-Lift