According to the latest research by Global Market Insights Inc.

The Automotive Repair & Maintenance Services Market is projected to witness significant growth through 2028 with the focus of manufacturers on technological upgrades of their products.

The report, titled ‘Global Automotive Repair & Maintenance Services Research Report’, is based on the comprehensive analysis performed by analysts, and contains thorough insights into the global market area. A detailed study of the business situation is included, along with key parameters that shape the market's commercialization matrix.

Get a sample copy of this research report @ https://www.decresearch.com/request-sample/detail/5206

Considering that the outflux of vehicles from factories was dampened by the ongoing global semiconductors shortage, this is a welcome ray of light in an otherwise dark period for the car industry.

Overall, the automotive repair & maintenance services industry is classified into segments such as vehicle type, service type, service provider, and regional landscape.

With respect to vehicle type, the market is further bifurcated into passenger cars, LCV, HCV, and two wheelers. Among these, the HCV segment is forecast to grow at a remunerative rate of 6.3% over the projected timeframe. The rapidly expanding construction and logistic industry across Asia Pacific and Latin America will drive demand for the HCV, which is likely to positively impact the automotive repair & maintenance services market.

The two wheelers segment is also slated to foster industry fortunes given their high density in developing economies across the APAC and Latin America. With increasing employment rates and disposable incomes in the region, demand for two wheelers, and their repair as well as maintenance is slated to go up tremendously.

With respect to type, the market is divided into mechanical, exterior & structural, electrical, and maintenance services. Among these the exterior & structural segment is expected to witness notable growth owing to the strong need for exterior and structural repair services arising from the high frequency of road accidents and crashes.

The maintenance services segment is also earmarked for a distinguished bounce-back from the pandemic blues as the commuting to work and traveling culture begins to pick up steam once again.

From a regional standpoint, the Middle East & Africa market will be accounting for lower share of the global automotive repair & maintenance services market. Logistical issues and higher dependency on raw materials supply from the European countries such as Germany, China and lower automotive vehicle fleet are key reason restricting the market in the region.

However, the increasing sales of luxury passenger cars each year in the region will increase demand for automotive repair & maintenance services by the end of forecast time period.

The Executive Summary revolves around market dynamics. The segment contains information on the driving factors driving market growth, restraining parameters, growth opportunities that exist within the industry, and the numerous trends that are defining the global market. In addition, data on pricing models and value chain analysis are included in the report. The forecast market growth over the analysis period, which is based on historical estimates and figures, has also been incorporated into the study.

Request for Discount@ https://www.decresearch.com/request-discount/5206

Table of Contents of the Report (TOC):

Chapter 1   Methodology and Scope

1.1    Market definitions

1.2    Base estimation & working

1.2.1    North America

1.2.2    Europe

1.2.3    Asia Pacific (APAC)

1.2.4    Latin America (LATAM)

1.2.5    Middle East & Africa (MEA)

1.3    Forecast calculations

1.3.1    COVID-19 impact calculations on industry forecast

1.4    Data Sources

1.4.1    Primary

1.4.2    Secondary

Chapter 2   Executive Summary

2.1    Global automotive repair & maintenance services industry 360° synopsis, 2018 - 2028

2.1.1    Business trends

2.1.2    Vehicle trends

2.1.3    Type trends

2.1.4    Service Providers trends

2.1.5    Regional trends

Chapter 3   Global automotive repair & maintenance services Industry Insights

3.1    Industry segmentation

3.2    Industry landscape, 2018 – 2028

3.2.1    COVID-19 impact on automotive repair & maintenance services industry

3.3    Industry ecosystem analysis

3.3.1    Component Manufactures

3.3.2    Part Distributors

3.3.3    Service Providers

3.3.4    End-Users

3.3.5    Vendor matrix

3.3.5.1    List of key automotive repair & maintenance services market participants

3.4    Innovation & sustainability

3.4.1    Technology landscape

3.4.2    Future trends

3.5    Regulatory landscape

3.5.1    U.S

3.5.2    Europe

3.5.3    China

3.6    Industry impact forces

3.6.1    Growth drivers

3.6.1.1    Increasing automotive sales and presence of auto players

3.6.1.2    Increasing average vehicle age

3.6.1.3    Increasing demand for pre-owned cars

3.6.2    Industry pitfalls & challenges

3.6.2.1    Autonomous driving leading to fewer accidents but shorter maintenance intervals

3.6.2.2    The rising penetration of electric vehicles

3.7    Growth potential analysis, 2020

3.8    Porter’s analysis

3.9    Competitive landscape

3.9.1    Top player’s analysis, 2020

3.9.2    Strategy dashboard

3.10    PESTLE analysis

3.11    COVID-19 impact on automotive industry

Get Complete Synopsis of the Report @ https://www.decresearch.com/toc/detail/automotive-repair-maintenance-services-market