Global Automotive Repair Franchises Market Growth (Status and Outlook) 2024-2030
Automotive Repair Franchises provide a wide range of mechanical, electrical and engine maintenance and repair services for automotive vehicles.
The global Automotive Repair Franchises market size is projected to grow from US$ 503.8 million in 2023 to US$ 795.5 million in 2030; it is expected to grow at a CAGR of 6.7% from 2024 to 2030.
LPI (LP Information)' newest research report, the “Automotive Repair Franchises Industry Forecast” looks at past sales and reviews total world Automotive Repair Franchises sales in 2023, providing a comprehensive analysis by region and market sector of projected Automotive Repair Franchises sales for 2024 through 2030. With Automotive Repair Franchises sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Repair Franchises industry.
This Insight Report provides a comprehensive analysis of the global Automotive Repair Franchises landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Repair Franchises portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Repair Franchises market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Repair Franchises and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Repair Franchises.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Repair Franchises market by product type, application, key players and key regions and countries.
Segmentation by type
Auto Body Repair
Tire Repair
Car Maintenance
Other
Segmentation by application
Commercial Vehicle
Passenger Car
Engineering Vehicle
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AAMCO Transmissions and Total Care
Batteries Plus Bulbs
CARSTAR Franchise Systems
Christian Brothers Automotive
Grease Monkey
Honest-1 Auto Care
Jiffy Lube Int’l. Inc
Maaco Collision Repair & Auto Painting
Master Mechanic
Meineke Car Care Centers
Midas International
Precision Tune Auto Care
Tuffy Tire & Auto Service
Please note: The report will take approximately 2 business days to prepare and deliver.