Automotive Collision Repair Market Analysis by Size, Share, and Future Opportunities 2024-2030


Posted August 12, 2024 by nirankammr

Automotive Collision Repair Market size is expected to reach nearly USD 203.06 Bn by 2030 with the CAGR of 2.1% during the forecast period.

 
Automotive Collision Repair Market Overview:

The Automotive Collision Repair Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the Automotive Collision Repair Market, as well as the causes for variances in the industry’s growth in various places

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Automotive Collision Repair Market Scope:

To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.

Automotive Collision Repair Market Drivers:

Presence of various automobile repair centers focusing on efficiency and productivity along with the introduction of new materials such as UV paint and carbon aluminium is likely to boost auto collision repair service demand. Many auto restoration shops operate through their own efficient distribution channel and are engaged in distributing branded auto parts and materials, favoring automotive collision repair market size from 2024 to 2030.

Increasing demand to enhance service quality and profitability in various workshops will drive automotive collision repair market share. Moreover, rising disposable income in various emerging economies such as India, China, Brazil, Mexico, etc. are stimulating the industry growth over the projected time span for the automotive collision market.

Global automotive collision repair market is segmented based on product, vehicle, end-use, auto body shops, and geography. By product segment, the market is segmented into paints & coatings, adhesives & sealants, abrasives, finishing compounds. By auto body shop, the market is segmented as dealer owned shops and independent repair shops. Dealer owned shops are the major segment where the automotive collision repair is highly demanded and thus, it is expected to hold major market share in the forecast period. This can be attributed to increasing dealership network and certified expert technicians’ availability. Quality of products coupled with warranty services are the major drivers contributing to the automotive collision repair market share globally.

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Automotive Collision Repair Market Segmentation:

by Product

Paints & Coatings
Adhesives & Sealants
Abrasives
Finishing Compounds

by Vehicle

PCV
LCV
HCV
Two Wheelers

by Auto Body Shops

Dealer Owned Shops
Independent Repair Shops

by End-User

New OEM
Aftermarket
Recycled
Remanufactured

Automotive Collision Repair Market Key Players: The key players are

1. 3M
2. ZF Friedrichshafen AG
3. Honeywell International Inc.
4. Federal-Mogul Holdings Corporation
5. Denso Corporation
6. Continental Corporation
7. Bosch
8. Faurecia
9. Magna
10. Valeo
11. PPG Industries
12. Hyundai Mobis,
13. Axalta
14. Aisin Seiki
15. BASF
16. Faurecia
17. Nippon Paint
18. Akzonobel
19. Plastic Omnium
20. DuPon
21. HBPO
22. Kansai,

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Regional Analysis:

Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Automotive Collision Repair Market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.

Key Questions Answered in the Automotive Collision Repair Market Report are:

1. Which region has the largest share in Global Automotive Collision Repair Market?

2. What is the growth rate of Global Automotive Collision Repair Market?

3. What is scope of the Global Automotive Collision Repair Market report?

4. Who are the key players in Global Automotive Collision Repair Market?

5. What is the study period of this Market?

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Last Updated August 12, 2024