New York — 35,090 jobs 5. Wear and Tear Parts 5. Key Representative Market Participants 13. By Services and Parts 13. Increasing vehicle production, demand for add-on services, rising safety and security needs, higher customer awareness about vehicle upkeep, increasing authorization by governments and periodic maintenance are the factors driving the market growth. Market Attractiveness, By Offering 12.
This requirement can be fulfilled for both pre and post sale. In terms of value, North America is estimated to account for a market share of 27. Market Attractiveness, By Offering 12. The subsequent sections analyse the global automotive repair and maintenance services market on the basis of services and parts, service provider, vehicle type, and region. In-depth profiling of key service providers of automotive repair and maintenance services is included in the final section of the report detailing the strengths, weaknesses and competitive strategies of each service provider.
Sensing the shift in demand for cost-effective services, automotive repair and maintenance service providers are pushing their offerings through extended warranties for new car owners and lifetime service packages at lower prices for the used vehicle segment. One of the major trends likely to govern the global automotive repair and maintenance services market is remote diagnostics. Towards the final section of the report, competitive landscape has been included to provide report audiences with a dashboard view. Mechanical services will remain the largest segment while electronics will grow the fastest. The automotive dealership segment is estimated to drive the growth of the market.
Drivers and Restraints: Impact Analysis 15. Porter's Five Forces Analysis 7. Unsurprisingly, China and India will remain at the forefront, with gains complemented by healthy growth in Australia. Western Europe Automotive Repair and Maintenance Services Market Analysis 2012—2016 and Forecast 2017—2027 12. But how will the market shape up in the wake of advancements in automotive technology? Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
The main constraint of this industry is technological challenges for highly expensive cars like hybrid design which require additionally trained workers. However, you can let us know if you need extended time. Drivers and Restraints: Impact Analysis 16. Market Attractiveness Analysis By Service Provider 6. Rest of Eastern Europe 13. By Services and Parts 15.
Trends Market Research is a one stop shop to all your business needs. The market is categorically divided into four segments based on services and parts, services providers, vehicle type and region. Global Automotive Repair and Maintenance Services Market Analysis and Forecast, By Service Provider 6. Furthermore, increase in the sales of used cars in many regions would further increase the demand of automotive repair and maintenance services over the forecast period. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. With the improvements in material and technology used for automotive manufacturing, the average age of passenger cars in the U. Having said this, an increase in repairs and maintenance services costs and a careless attitude on the part of vehicle owners towards structured maintenance and services may pose challenges to the growth of this market in the near future.
Industry Structure For more information about this report visit. Government customers account for 3% of the overall industry. Rest of Latin America 11. Customer Segements and Demographics 1. Market Attractiveness, By Service Provider 12. Starters and alternators include armature, field coil, brushes, end shield, and solenoid.
Battery services cover replacement of automotive batteries. Valley Cottage, New York, Oct. Wear and Tear Parts 14. Another trend observed in the global automotive repair and maintenance services market is that the small locally owned shops are pairing up with fleet operators to gain more maintenance contracts. A sample of this report is available upon request Rising importance of regular servicing in a bid to ensure vehicle and passenger safety. In this report, Future Market Insights throws light on drivers and restraints likely to impact the market during this period. Spark plugs include spark plug- hot and cold, glow plug- metal, and ceramic.
Will the global automotive repair and maintenance services market show sustained growth in the near future? If you are interested in more information, please contact our media team at. By Services and Parts 16. Tire services include repair of flat tires, tire pressure monitoring, misalignment of tires, and replacement of tires. Market Attractiveness, By Vehicle Type 10. Market Attractiveness Analysis By Service Providers 8. Tire services include repair of flat tires, tire pressure monitoring, misalignment of tires, and replacement of tires. Looking for more information on this market? This enables real-time monitoring of vehicle parameters to assess its performance against benchmarks.