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Automotive Repair and Service Market By Type, By Service provider, By Vehicle Type, By Propulsion Type: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 331 Pages
  • August 2022
  • Region: Global
  • Allied Market Research
  • ID: 5670939
The report incorporates the study of the global automotive repair and service market that focuses on the automotive aftermarket services provided to automotive repair shops and end users. Automotive repair and service include fixing an unexpected problem, ranging from rebuilding transmissions to replacing shocks. The automotive repair and service can be performed at any auto shop without affecting the customer’s warranty coverage. Various service providers currently offer automotive repair and maintenance services, including automobile dealerships and OEMs. Moreover, the specialty shops are independently owned shops that are specialized in providing a particular service for suspension services, collision repair, services for exhaust and mufflers. For instance, in September 2021, LKQ Corporation expanded its business by opening a new Innovation and Service Center in Katowice, Poland. This service center offered repair services using digital channels such as app-based solutions that ensured best-in-class customer experience across Europe.
The factors such as increasing automotive sales, growth of automotive post sale services, and stringent government regulations to replace or upgrade vehicle components supplement the growth of the automotive repair and service market. However, volatile prices of raw materials and rise in demand for shared mobility are the factors expected to hamper the growth of the automotive repair and service market. In addition, rise in trend of vehicle customization coupled with increase in disposable income and increasing automotive safety norms & demand for technologically advanced features creates market opportunities for the key players operating in the automotive repair and service market.

For the purpose of analysis, the global automotive repair and service market is segmented on the basis of type, service provider, vehicle type, propulsion type, and region. By type, the market is divided into mechanical, exterior & structural, and maintenance services. By service provider, it is fragmented into franchise general repairs, OEM authorized service centers, local garage, tire stores & repair chains, and others. By vehicle type, it is categorized into passenger cars, light commercial vehicles, heavy commercial vehicles, and two wheelers. By propulsion type, it is further classified into internal combustion engine (ICE) and electric. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The leading players operating in the automotive repair and services market are Asbury Automotive Group, Inc., Carmax Autocare Center, CarParts.com, Inc., EUROPART, Firestone Complete Auto Care, Hance's European, Inter Cars S.A., Jiffy Lubes International, Inc., LKQ Corporation, M&M Automotive, MEKO, Mobivia Groupe, myTVS Accessories, Safelite Group, Sun Auto Service, USA Automotive, and Wrench, Inc.

KEY BENEFITS FOR STAKEHOLDERS

  • This study presents analytical depiction of the global automotive repair and service market analysis along with current trends and future estimations to depict imminent investment pockets.
  • The overall automotive repair and service market opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the global automotive repair and service market with a detailed impact analysis.
  • The current automotive repair and service market is quantitatively analyzed from 2022 to 2031 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

By Type

  • Maintenance Services
  • Mechanical
  • Exterior Structural

By Service provider

  • Franchise General Repairs
  • OEM Authorized Service Centers
  • Local Garage
  • Tire Stores Repair Chains
  • Others

By Vehicle Type

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
  • Two Wheelers

By Propulsion Type

  • Internal Combustion Engine (ICE)
  • Electric

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • Asbury Automotive Group, Inc.
  • Carmax Autocare Center
  • CarParts.com, Inc.
  • Europart
  • Firestone
  • Hance’s European
  • Inter Cars S.A.
  • Jiffy Lube International, Inc.
  • LKQ Corporation
  • M&M Automotive
  • MEKO
  • Mobivia Groupe
  • MyTVS Accessories
  • Safelite Group
  • Sun Auto Service
  • USA automotive
  • Wrench, Inc.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: AUTOMOTIVE REPAIR AND SERVICE MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Mechanical
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Exterior & Structural
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Maintenance Services
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
CHAPTER 5: AUTOMOTIVE REPAIR AND SERVICE MARKET, BY SERVICE PROVIDER
5.1 Overview
5.1.1 Market size and forecast
5.2 Franchise General Repairs
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 OEM Authorized Service Centers
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Local Garage
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 Tire Stores & Repair Chains
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country
5.6 Others
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market analysis by country
CHAPTER 6: AUTOMOTIVE REPAIR AND SERVICE MARKET, BY VEHICLE TYPE
6.1 Overview
6.1.1 Market size and forecast
6.2 Passenger Cars
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Light Commercial Vehicles
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Heavy Commercial Vehicles
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
6.5 Two Wheelers
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market analysis by country
CHAPTER 7: AUTOMOTIVE REPAIR AND SERVICE MARKET, BY PROPULSION TYPE
7.1 Overview
7.1.1 Market size and forecast
7.2 Internal Combustion Engine (ICE)
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 Electric
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country
CHAPTER 8: AUTOMOTIVE REPAIR AND SERVICE MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Type
8.2.3 North America Market size and forecast, by Service provider
8.2.4 North America Market size and forecast, by Vehicle Type
8.2.5 North America Market size and forecast, by Propulsion Type
8.2.6 North America Market size and forecast, by country
8.2.6.1 U.S.
8.2.6.1.1 Market size and forecast, by Type
8.2.6.1.2 Market size and forecast, by Service provider
8.2.6.1.3 Market size and forecast, by Vehicle Type
8.2.6.1.4 Market size and forecast, by Propulsion Type
8.2.6.2 Canada
8.2.6.2.1 Market size and forecast, by Type
8.2.6.2.2 Market size and forecast, by Service provider
8.2.6.2.3 Market size and forecast, by Vehicle Type
8.2.6.2.4 Market size and forecast, by Propulsion Type
8.2.6.3 Mexico
8.2.6.3.1 Market size and forecast, by Type
8.2.6.3.2 Market size and forecast, by Service provider
8.2.6.3.3 Market size and forecast, by Vehicle Type
8.2.6.3.4 Market size and forecast, by Propulsion Type
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Type
8.3.3 Europe Market size and forecast, by Service provider
8.3.4 Europe Market size and forecast, by Vehicle Type
8.3.5 Europe Market size and forecast, by Propulsion Type
8.3.6 Europe Market size and forecast, by country
8.3.6.1 UK
8.3.6.1.1 Market size and forecast, by Type
8.3.6.1.2 Market size and forecast, by Service provider
8.3.6.1.3 Market size and forecast, by Vehicle Type
8.3.6.1.4 Market size and forecast, by Propulsion Type
8.3.6.2 Germany
8.3.6.2.1 Market size and forecast, by Type
8.3.6.2.2 Market size and forecast, by Service provider
8.3.6.2.3 Market size and forecast, by Vehicle Type
8.3.6.2.4 Market size and forecast, by Propulsion Type
8.3.6.3 France
8.3.6.3.1 Market size and forecast, by Type
8.3.6.3.2 Market size and forecast, by Service provider
8.3.6.3.3 Market size and forecast, by Vehicle Type
8.3.6.3.4 Market size and forecast, by Propulsion Type
8.3.6.4 Russia
8.3.6.4.1 Market size and forecast, by Type
8.3.6.4.2 Market size and forecast, by Service provider
8.3.6.4.3 Market size and forecast, by Vehicle Type
8.3.6.4.4 Market size and forecast, by Propulsion Type
8.3.6.5 Spain
8.3.6.5.1 Market size and forecast, by Type
8.3.6.5.2 Market size and forecast, by Service provider
8.3.6.5.3 Market size and forecast, by Vehicle Type
8.3.6.5.4 Market size and forecast, by Propulsion Type
8.3.6.6 Italy
8.3.6.6.1 Market size and forecast, by Type
8.3.6.6.2 Market size and forecast, by Service provider
8.3.6.6.3 Market size and forecast, by Vehicle Type
8.3.6.6.4 Market size and forecast, by Propulsion Type
8.3.6.7 Rest of Europe
8.3.6.7.1 Market size and forecast, by Type
8.3.6.7.2 Market size and forecast, by Service provider
8.3.6.7.3 Market size and forecast, by Vehicle Type
8.3.6.7.4 Market size and forecast, by Propulsion Type
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Type
8.4.3 Asia-Pacific Market size and forecast, by Service provider
8.4.4 Asia-Pacific Market size and forecast, by Vehicle Type
8.4.5 Asia-Pacific Market size and forecast, by Propulsion Type
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Market size and forecast, by Type
8.4.6.1.2 Market size and forecast, by Service provider
8.4.6.1.3 Market size and forecast, by Vehicle Type
8.4.6.1.4 Market size and forecast, by Propulsion Type
8.4.6.2 Japan
8.4.6.2.1 Market size and forecast, by Type
8.4.6.2.2 Market size and forecast, by Service provider
8.4.6.2.3 Market size and forecast, by Vehicle Type
8.4.6.2.4 Market size and forecast, by Propulsion Type
8.4.6.3 India
8.4.6.3.1 Market size and forecast, by Type
8.4.6.3.2 Market size and forecast, by Service provider
8.4.6.3.3 Market size and forecast, by Vehicle Type
8.4.6.3.4 Market size and forecast, by Propulsion Type
8.4.6.4 Australia
8.4.6.4.1 Market size and forecast, by Type
8.4.6.4.2 Market size and forecast, by Service provider
8.4.6.4.3 Market size and forecast, by Vehicle Type
8.4.6.4.4 Market size and forecast, by Propulsion Type
8.4.6.5 South Korea
8.4.6.5.1 Market size and forecast, by Type
8.4.6.5.2 Market size and forecast, by Service provider
8.4.6.5.3 Market size and forecast, by Vehicle Type
8.4.6.5.4 Market size and forecast, by Propulsion Type
8.4.6.6 Rest of Asia-Pacific
8.4.6.6.1 Market size and forecast, by Type
8.4.6.6.2 Market size and forecast, by Service provider
8.4.6.6.3 Market size and forecast, by Vehicle Type
8.4.6.6.4 Market size and forecast, by Propulsion Type
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Type
8.5.3 LAMEA Market size and forecast, by Service provider
8.5.4 LAMEA Market size and forecast, by Vehicle Type
8.5.5 LAMEA Market size and forecast, by Propulsion Type
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Latin America
8.5.6.1.1 Market size and forecast, by Type
8.5.6.1.2 Market size and forecast, by Service provider
8.5.6.1.3 Market size and forecast, by Vehicle Type
8.5.6.1.4 Market size and forecast, by Propulsion Type
8.5.6.2 Middle East
8.5.6.2.1 Market size and forecast, by Type
8.5.6.2.2 Market size and forecast, by Service provider
8.5.6.2.3 Market size and forecast, by Vehicle Type
8.5.6.2.4 Market size and forecast, by Propulsion Type
8.5.6.3 Africa
8.5.6.3.1 Market size and forecast, by Type
8.5.6.3.2 Market size and forecast, by Service provider
8.5.6.3.3 Market size and forecast, by Vehicle Type
8.5.6.3.4 Market size and forecast, by Propulsion Type
CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments
CHAPTER 10: COMPANY PROFILES
10.1 Asbury Automotive Group, Inc.
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 Carmax Autocare Center
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 CarParts.com, Inc.
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 Europart
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 Firestone
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 Hance’s European
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 Inter Cars S.A.
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 Jiffy Lube International, Inc.
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 LKQ Corporation
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 M&M Automotive
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments
10.11 MEKO
10.11.1 Company overview
10.11.2 Company snapshot
10.11.3 Operating business segments
10.11.4 Product portfolio
10.11.5 Business performance
10.11.6 Key strategic moves and developments
10.12 Mobivia Groupe
10.12.1 Company overview
10.12.2 Company snapshot
10.12.3 Operating business segments
10.12.4 Product portfolio
10.12.5 Business performance
10.12.6 Key strategic moves and developments
10.13 MyTVS Accessories
10.13.1 Company overview
10.13.2 Company snapshot
10.13.3 Operating business segments
10.13.4 Product portfolio
10.13.5 Business performance
10.13.6 Key strategic moves and developments
10.14 Safelite Group
10.14.1 Company overview
10.14.2 Company snapshot
10.14.3 Operating business segments
10.14.4 Product portfolio
10.14.5 Business performance
10.14.6 Key strategic moves and developments
10.15 Sun Auto Service
10.15.1 Company overview
10.15.2 Company snapshot
10.15.3 Operating business segments
10.15.4 Product portfolio
10.15.5 Business performance
10.15.6 Key strategic moves and developments
10.16 USA automotive
10.16.1 Company overview
10.16.2 Company snapshot
10.16.3 Operating business segments
10.16.4 Product portfolio
10.16.5 Business performance
10.16.6 Key strategic moves and developments
10.17 Wrench, Inc.
10.17.1 Company overview
10.17.2 Company snapshot
10.17.3 Operating business segments
10.17.4 Product portfolio
10.17.5 Business performance
10.17.6 Key strategic moves and developments
List of Tables
Table 1. Global Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 2. Low Cost Airlines Market Revenue, for Leisure Travel, by Region , 2016-2030,($Million)
Table 3. Low Cost Airlines Market for Leisure Travel by Country, 2016-2030,($Million)
Table 4. Low Cost Airlines Market Revenue, for Vfr, by Region , 2016-2030,($Million)
Table 5. Low Cost Airlines Market for Vfr by Country, 2016-2030,($Million)
Table 6. Low Cost Airlines Market Revenue, for Business Travel, by Region , 2016-2030,($Million)
Table 7. Low Cost Airlines Market for Business Travel by Country, 2016-2030,($Million)
Table 8. Low Cost Airlines Market Revenue, for Others, by Region , 2016-2030,($Million)
Table 9. Low Cost Airlines Market for Others by Country, 2016-2030,($Million)
Table 10. Global Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 11. Low Cost Airlines Market Revenue, for Domestic, by Region , 2016-2030,($Million)
Table 12. Low Cost Airlines Market for Domestic by Country, 2016-2030,($Million)
Table 13. Low Cost Airlines Market Revenue, for International, by Region , 2016-2030,($Million)
Table 14. Low Cost Airlines Market for International by Country, 2016-2030,($Million)
Table 15. Global Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 16. Low Cost Airlines Market Revenue, for Online, by Region , 2016-2030,($Million)
Table 17. Low Cost Airlines Market for Online by Country, 2016-2030,($Million)
Table 18. Low Cost Airlines Market Revenue, for Travel Agency, by Region , 2016-2030,($Million)
Table 19. Low Cost Airlines Market for Travel Agency by Country, 2016-2030,($Million)
Table 20. Low Cost Airlines Market Revenue, for Others, by Region , 2016-2030,($Million)
Table 21. Low Cost Airlines Market for Others by Country, 2016-2030,($Million)
Table 22. Low Cost Airlines Market, by Region, 2016-2030,($Million)
Table 23. North America Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 24. North America Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 25. North America Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 26. North America Low Cost Airlines Market, by Country, 2016-2030,($Million)
Table 27. U.S. Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 28. U.S. Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 29. U.S. Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 30. Canada Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 31. Canada Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 32. Canada Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 33. Mexico Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 34. Mexico Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 35. Mexico Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 36. Europe Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 37. Europe Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 38. Europe Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 39. Europe Low Cost Airlines Market, by Country, 2016-2030,($Million)
Table 40. United Kingdom Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 41. United Kingdom Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 42. United Kingdom Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 43. Italy Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 44. Italy Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 45. Italy Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 46. Spain Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 47. Spain Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 48. Spain Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 49. Germany Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 50. Germany Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 51. Germany Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 52. France Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 53. France Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 54. France Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 55. Latvia Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 56. Latvia Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 57. Latvia Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 58. Russia Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 59. Russia Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 60. Russia Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 61. Rest of Europe Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 62. Rest of Europe Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 63. Rest of Europe Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 64. Asia-Pacific Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 65. Asia-Pacific Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 66. Asia-Pacific Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 67. Asia-Pacific Low Cost Airlines Market, by Country, 2016-2030,($Million)
Table 68. Philippines Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 69. Philippines Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 70. Philippines Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 71. Indonesia Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 72. Indonesia Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 73. Indonesia Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 74. Thailand Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 75. Thailand Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 76. Thailand Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 77. Singapore Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 78. Singapore Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 79. Singapore Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 80. Malaysia Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 81. Malaysia Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 82. Malaysia Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 83. Viet Nam Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 84. Viet Nam Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 85. Viet Nam Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 86. China Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 87. China Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 88. China Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 89. India Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 90. India Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 91. India Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 92. Australia Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 93. Australia Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 94. Australia Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 95. Rest of Asia-Pacific Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 96. Rest of Asia-Pacific Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 97. Rest of Asia-Pacific Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 98. LAMEA Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 99. LAMEA Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 100. LAMEA Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 101. LAMEA Low Cost Airlines Market, by Country, 2016-2030,($Million)
Table 102. Latin America Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 103. Latin America Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 104. Latin America Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 105. Middle East Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 106. Middle East Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 107. Middle East Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 108. Africa Low Cost Airlines Market, by Purpose, 2016-2030,($Million)
Table 109. Africa Low Cost Airlines Market, by Destination, 2016-2030,($Million)
Table 110. Africa Low Cost Airlines Market, by Distribution Channel, 2016-2030,($Million)
Table 111. Air Arabia Pjsc: Company Snapshot
Table 112. Air Arabia Pjsc: Operating Segments
Table 113. Air Arabia Pjsc: Product Portfolio
Table 114. Air Arabia Pjsc: Net Sales
Table 115. Air Arabia Pjsc: Key Stratergies
Table 116. Airasia Group Berhad: Company Snapshot
Table 117. Airasia Group Berhad: Operating Segments
Table 118. Airasia Group Berhad: Product Portfolio
Table 119. Airasia Group Berhad: Net Sales
Table 120. Airasia Group Berhad: Key Stratergies
Table 121. Alaska Air Group, Inc.: Company Snapshot
Table 122. Alaska Air Group, Inc.: Operating Segments
Table 123. Alaska Air Group, Inc.: Product Portfolio
Table 124. Alaska Air Group, Inc.: Net Sales
Table 125. Alaska Air Group, Inc.: Key Stratergies
Table 126. Azul S.A.: Company Snapshot
Table 127. Azul S.A.: Operating Segments
Table 128. Azul S.A.: Product Portfolio
Table 129. Azul S.A.: Net Sales
Table 130. Azul S.A.: Key Stratergies
Table 131. Easyjet plc: Company Snapshot
Table 132. Easyjet plc: Operating Segments
Table 133. Easyjet plc: Product Portfolio
Table 134. Easyjet plc: Net Sales
Table 135. Easyjet plc: Key Stratergies
Table 136. New World Aviation, Inc.: Company Snapshot
Table 137. New World Aviation, Inc.: Operating Segments
Table 138. New World Aviation, Inc.: Product Portfolio
Table 139. New World Aviation, Inc.: Net Sales
Table 140. New World Aviation, Inc.: Key Stratergies
Table 141. Norwegian Air Shuttle Asa: Company Snapshot
Table 142. Norwegian Air Shuttle Asa: Operating Segments
Table 143. Norwegian Air Shuttle Asa: Product Portfolio
Table 144. Norwegian Air Shuttle Asa: Net Sales
Table 145. Norwegian Air Shuttle Asa: Key Stratergies
Table 146. Qantas Airways Limited: Company Snapshot
Table 147. Qantas Airways Limited: Operating Segments
Table 148. Qantas Airways Limited: Product Portfolio
Table 149. Qantas Airways Limited: Net Sales
Table 150. Qantas Airways Limited: Key Stratergies
Table 151. Ryanair Holdings plc: Company Snapshot
Table 152. Ryanair Holdings plc: Operating Segments
Table 153. Ryanair Holdings plc: Product Portfolio
Table 154. Ryanair Holdings plc: Net Sales
Table 155. Ryanair Holdings plc: Key Stratergies
Table 156. Westjet Airlines Ltd.: Company Snapshot
Table 157. Westjet Airlines Ltd.: Operating Segments
Table 158. Westjet Airlines Ltd.: Product Portfolio
Table 159. Westjet Airlines Ltd.: Net Sales
Table 160. Westjet Airlines Ltd.: Key Stratergies
List of Figures
Figure 1. Automotive Repair and Service Market Segmentation
Figure 2. Automotive Repair and Service Market,2021-2031
Figure 3. Automotive Repair and Service Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Automotive Repair and Service Market:Drivers, Restraints and Opportunities
Figure 12. Automotive Repair and Service Market,By Type,2021(%)
Figure 13. Comparative Share Analysis of Mechanical Automotive Repair and Service Market,2021-2031(%)
Figure 14. Comparative Share Analysis of Exterior & Structural Automotive Repair and Service Market,2021-2031(%)
Figure 15. Comparative Share Analysis of Maintenance Services Automotive Repair and Service Market,2021-2031(%)
Figure 16. Automotive Repair and Service Market,By Service Provider,2021(%)
Figure 17. Comparative Share Analysis of Franchise General Repairs Automotive Repair and Service Market,2021-2031(%)
Figure 18. Comparative Share Analysis of OEM Authorized Service Centers Automotive Repair and Service Market,2021-2031(%)
Figure 19. Comparative Share Analysis of Local Garage Automotive Repair and Service Market,2021-2031(%)
Figure 20. Comparative Share Analysis of Tire Stores & Repair Chains Automotive Repair and Service Market,2021-2031(%)
Figure 21. Comparative Share Analysis of Others Automotive Repair and Service Market,2021-2031(%)
Figure 22. Automotive Repair and Service Market,By Vehicle Type,2021(%)
Figure 23. Comparative Share Analysis of Passenger Cars Automotive Repair and Service Market,2021-2031(%)
Figure 24. Comparative Share Analysis of Light Commercial Vehicles Automotive Repair and Service Market,2021-2031(%)
Figure 25. Comparative Share Analysis of Heavy Commercial Vehicles Automotive Repair and Service Market,2021-2031(%)
Figure 26. Comparative Share Analysis of Two Wheelers Automotive Repair and Service Market,2021-2031(%)
Figure 27. Automotive Repair and Service Market,By Propulsion Type,2021(%)
Figure 28. Comparative Share Analysis of Internal Combustion Engine (Ice) Automotive Repair and Service Market,2021-2031(%)
Figure 29. Comparative Share Analysis of Electric Automotive Repair and Service Market,2021-2031(%)
Figure 30. Automotive Repair and Service Market by Region,2021
Figure 31. U.S. Automotive Repair and Service Market,2021-2031($Billion)
Figure 32. Canada Automotive Repair and Service Market,2021-2031($Billion)
Figure 33. Mexico Automotive Repair and Service Market,2021-2031($Billion)
Figure 34. Uk Automotive Repair and Service Market,2021-2031($Billion)
Figure 35. Germany Automotive Repair and Service Market,2021-2031($Billion)
Figure 36. France Automotive Repair and Service Market,2021-2031($Billion)
Figure 37. Russia Automotive Repair and Service Market,2021-2031($Billion)
Figure 38. Spain Automotive Repair and Service Market,2021-2031($Billion)
Figure 39. Italy Automotive Repair and Service Market,2021-2031($Billion)
Figure 40. Rest of Europe Automotive Repair and Service Market,2021-2031($Billion)
Figure 41. China Automotive Repair and Service Market,2021-2031($Billion)
Figure 42. Japan Automotive Repair and Service Market,2021-2031($Billion)
Figure 43. India Automotive Repair and Service Market,2021-2031($Billion)
Figure 44. Australia Automotive Repair and Service Market,2021-2031($Billion)
Figure 45. South Korea Automotive Repair and Service Market,2021-2031($Billion)
Figure 46. Rest of Asia-Pacific Automotive Repair and Service Market,2021-2031($Billion)
Figure 47. Latin America Automotive Repair and Service Market,2021-2031($Billion)
Figure 48. Middle East Automotive Repair and Service Market,2021-2031($Billion)
Figure 49. Africa Automotive Repair and Service Market,2021-2031($Billion)
Figure 50. Top Winning Strategies, by Year
Figure 51. Top Winning Strategies, by Development
Figure 52. Top Winning Strategies, by Company
Figure 53. Product Mapping of Top 10 Players
Figure 54. Competitive Dashboard
Figure 55. Competitive Heatmap of Top 10 Key Players
Figure 56. Asbury Automotive Group, Inc..: Net Sales ,($Billion)
Figure 57. Carmax Autocare Center.: Net Sales ,($Billion)
Figure 58. Carparts.Com, Inc..: Net Sales ,($Billion)
Figure 59. Europart.: Net Sales ,($Billion)
Figure 60. Firestone.: Net Sales ,($Billion)
Figure 61. Hance's European.: Net Sales ,($Billion)
Figure 62. Inter Cars SA.: Net Sales ,($Billion)
Figure 63. Jiffy Lube International, Inc..: Net Sales ,($Billion)
Figure 64. Lkq Corporation.: Net Sales ,($Billion)
Figure 65. M&M Automotive.: Net Sales ,($Billion)
Figure 66. Meko.: Net Sales ,($Billion)
Figure 67. Mobivia Groupe.: Net Sales ,($Billion)
Figure 68. Mytvs Accessories.: Net Sales ,($Billion)
Figure 69. Safelite Group.: Net Sales ,($Billion)
Figure 70. Sun Auto Service.: Net Sales ,($Billion)
Figure 71. Usa Automotive.: Net Sales ,($Billion)
Figure 72. Wrench, Inc..: Net Sales ,($Billion)

Executive Summary

According to the report, titled, “Automotive Repair and Service Market," the automotive repair and service market was valued at $789.80 billion in 2021, and is estimated to reach $1,656.21 billion by 2031, growing at a CAGR of 7.6% from 2022 to 2031.

Automotive repair and service are typically attributed to repairing automotive machines when they malfunction or no longer run correctly. Automotive repair and service are required to keep vehicles driving down the road. Automotive engines must be serviced regularly to keep them in good operating condition. At present, many countries are mandating stringent rules and regulations to replace car accessories after the expiry date. For instance, National Highway Traffic Safety Administration (NHTSA) has stated a new regulatory norm for car parts such as tires, rims, seat belts, and others to be manufactured initially and must be replaced according to the life span of the product. Such mandates are expected to boost the sales of passenger car accessories, thereby contributing to market growth.

In addition, the automotive repair and service market has witnessed significant growth in recent years, owing to the increased demand for improved vehicle performance & safety and the collaboration of local shop owners with fleet operators to provide repair and maintenance services at discounted prices. Furthermore, the companies operating in the automotive repair and service indusry have adopted partnerships, investments, and business expansion to increase their market share and expand their geographical presence. For instance, in December 2019, Jiffy Lube International, Inc. expanded its presence by opening a new automotive service center in Milwaukee, Wisconsin. The service center offered a wide range of automotive services for components, including brakes, tires, and engine diagnostics.

The factors such as increasing automotive sales, growth of automotive post sale services, and stringent government regulations to replace or upgrade vehicle components supplement the growth of the automotive repair and service market. However, volatile prices of raw materials and rise in demand for shared mobility are the factors expected to hamper the growth of the market. In addition, rise in trend of vehicle customization coupled with increase in disposable income and increasing automotive safety norms & demand for technologically advanced features creates market opportunities for the key players operating in the automotive repair and service market.

COVID-19 Impact Analysis

The automotive industry acts as a core supporting block for multiple economies such as the U.S., China, and India. The automotive industry has observed a decline in sales and revenue, owing to lockdown sand restrictions implemented by nations globally. Sales and aftersales services of the automotive industry were severely hit by the pandemic and led to a rise in adoption of cost-cutting measures by automotive companies, such as decreasing operational costs and workforce globally. Economic impacts of the COVID-19 outbreak on the automotive industry have major impacts on subsidiary industries such as automotive components and automotive aftermarket industries. Surge in COVID-19 cases globally forced authorities to impose unanticipated closure of international and national borders since the inception of the COVID-19 outbreak in early 2020. The production of vehicles was stunted globally, owing to the pandemic and the automotive manufacturers focused on development of new products and announced strategic expansion and collaboration across the industry.

Key Findings of the Study

  • By type, the maintenance services segment dominated the global automotive repair and service market in terms of growth rate.
  • By service provider, the others segment dominated the global automotive repair and service market in terms of growth rate.
  • By vehicle type, the heavy commercial vehicles segment dominated the global automotive repair and service market in terms of growth rate.
  • By propulsion type, the electric segment dominated the global automotive repair and service market in terms of growth rate.
  • The leading players operating in the automotive repair and services market are Asbury Automotive Group, Inc., Carmax Autocare Center, CarParts.com, Inc., EUROPART, Firestone Complete Auto Care, Hance's European, Inter Cars S.A., Jiffy Lubes International, Inc., LKQ Corporation, M&M Automotive, MEKO, Mobivia Groupe, myTVS Accessories, Safelite Group, Sun Auto Service, USA Automotive, and Wrench, Inc.

Companies Mentioned

  • Asbury Automotive Group, Inc.
  • Carmax Autocare Center
  • Carparts.Com, Inc.
  • Europart
  • Firestone
  • Hance’S European
  • Inter Cars S.A.
  • Jiffy Lube International, Inc.
  • Lkq Corporation
  • M&M Automotive
  • Meko
  • Mobivia Groupe
  • Mytvs Accessories
  • Safelite Group
  • Sun Auto Service
  • Usa Automotive
  • Wrench, Inc.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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