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The global Automotive Repair & Maintenance Service Market is estimated to reach USD 810.30 Billion by 2026, according to a new report by Reports and Data.
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Automotive Repair & Maintenance service Market to Reach USD 810.30 Billion By 2026
Market Summary Market Size – USD 516.14 billion in 2018, Market Growth - CAGR of 5.6%, Market Trends –Rise in demand for electric vehicles. The global Automotive Repair & Maintenance Service Market is estimated to reach USD 810.30 Billion by 2026, according to a new report by Reports and Data. Further key findings from the report suggest: SMEs are expected to contribute remarkably in the market during the forecast period by purchasing the services from the large tech enterprises or investing in the R&D of automation for their internal workflow. The growth rate is forecasted to be 31.7% throughout the period 2019 – 2026. • North America is leading the global market, with 37.6% of market possession in 2018 and would continue dominating the global market with a CAGR of 29.8% during the forecast period. United States possesses the highest market share in the worldwide market. • APAC is forecasted to achieve the fastest growth of about 34.9% throughout the forecast period, owing to its substantial rate of adoption of the automation services for the business and industrial operations, especially in the BFSI, E-commerce, and manufacturing SMEs as well as conglomerates in the countries like China, Singapore, and India. • www.reportsanddata.com
Key Players: Arnold Clark Automobiles Limited, Driven Brands, Inc., Ashland Automotive, Inc., Asbury Automotive Group, Inc., Belron International Ltd., Carmax Autocare Center, Jiffy Lube International, Inc., Goodyear Tire & Rubber Company, Halfords Group Plc., Firestone Complete Auto Care. Segmentation: Parts Outlook (Volume, Thousand Units; and Revenue, USD Million; 2016-2026) • Tires • Wear and tear parts • Collision body • Batteries • Others Service Type Outlook (Volume, Thousand Units; and Revenue, USD Million; 2016-2026) • Car Maintenance Services • Car Repair Service Application Outlook (Volume, Thousand Units; and Revenue, USD Million; 2016-2026) • Passenger vehicle • Commercial vehicle • Mechanical www.reportsanddata.com
Regional Vehicle Access Control Market (Regional Output, Demand & Forecast by Countries):- • North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More. www.reportsanddata.com
Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market www.reportsanddata.com
About Us: Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com www.reportsanddata.com
