October 11, 2024

Automotive Collision Repair Market Size to Worth Around US$ 220.1 Bn by 2030

[150+ Pages Report] As per the latest Research and survey report issued by Precedence Research, the global automotive collision repair market was valued at around USD 185.9 billion in 2021 and is expected to register revenues worth USD 220.1 billion by the end of 2030, growing at an exceptional CAGR of approximately 2.5% between 2021 and 2030.

  Automotive Collision Repair

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Automotive Collision Repair Market Growth Factors:

Increasing consumer spending for luxury as well as comfort product for previously owned vehicles to enhance it aesthetics and comfort level is one of the primary factors that accelerates the market growth for automotive collision repair in the coming years.

Automotive manufacturers focus prominently on the product differentiation along with collaboration with other globally renowned players to expand their customer reach. Further, rising international trade activities are likely to propel the number of heavy commercial fleet across the world that in turn prospers the growth of automotive collision repair market. This also increases the availability of the state-of-art service garages & automotive repair shops equipped with advanced technologies for repairing, painting, body repair, and denting of the vehicle.

On the other hand, introduction to advanced driver assistance systems (ADAS), anti-lock braking technology, collision detection systems, and sensors have prominently reduced the rate of road fatalities and accidents that hampers the market growth for automotive collision repair market. Further, the government bodies of various regions also support the integration of such advanced technologies in the upcoming models of vehicles, this also likely to restrict the market growth significantly during the forthcoming years.

Automotive Collision Repair Market Report Scope

A recent study by Precedence Research on the automotive collision repair market offers a forecast for 2020 and 2027. The study analyzes crucial trends that are currently determining the growth of the automotive collision repair market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of automotive collision repair. The study also provides the dynamics that are responsible for influencing the future status of the automotive collision repair market over the forecast period.

A detailed assessment of the automotive collision repair market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the automotive collision repair market along with their product portfolio enhances the reliability of this comprehensive research study.

Automotive Collision Repair Market Report Highlights

• Market Demand-Supply Analysis – The report covers detailed insights into demand and supply forces prevailing in the global automotive collision repair market. It examines trends and factors influencing demand for automotive collision repair globally and gauges the impact of the same on production.

• Pricing Analysis –The report presents an exclusive pricing analysis. It compares pricing strategies adopted by the leading market players and identifies the most remunerative strategies.

• Market Segmentation – The report segments the global market in terms of diverse criteria. It identifies the leading segment within each category and identifies growth drivers and restraints affecting growth across each segment.

• Regional Analysis –The report segments the market in terms of North America, Europe, Latin America, Asia Pacific, and Rest of the World in terms of region. It has chapters exclusively dedicated to analyzing growth trends across each region. It identifies growth drivers as well challenges affecting demand for automotive collision repair across the world.

• Competitive Analysis – Some of the leading market players are profiled in the report on automotive collision repair. The report offers estimation of share individually help by the market players and determines the impact of some of their popular strategies.

• COVID-19 Impact Analysis – This chapter is exclusively dedicated to gauging how the market has evolved or will develop in the post-pandemic era.

• Growth Recommendations – In the end, the report presents valuable recommendations to ready businesses for unforeseen challenges in the near future.

Competition Landscape

The report has engulfed a chapter on the global electric vehicle market’s competitive landscape, which provides detailed analysis and insights on companies offering electric vehicle. Profiles of key companies, along with a strategic overview of their M&A and expansion plans across geographies, have been delivered in this chapter. This chapter is priceless for report readers, as its enables them in gauging their growth potential in the market and implement key strategies for extending their market reach.

This chapter offers key recommendations for both new and existing market participants, enabling them to emerge sustainably and profitably. Intelligence on the market players has been delivered on the basis of their product overview, SWOT analysis, key developments, key financials and company overview. Occupancy of these market participants has been tracked by the report and portrayed via an intensity map.

Read Also@ Automotive Interior Materials Market Size to Worth Around US$ 42.60 Bn by 2030

some of the prominent players in the automotive collision repair market include:

Automotive Technology Products LLC (ATP), 3M, Continental AG, Denso Corporation, Federal-Mogul LLC, Faurecia, Honeywell International Inc., Johnson Controls Inc., International Automotive Components Group, Magna International Inc., Martinrea International Inc., Mann+Hummel Group, Mitsuba Corporation, Takata Corporation, and Robert Bosch GmbH among others.

Automotive Collision Repair Market Segments

By Product

  • Consumables
  • Paints & Coatings
  • Spare Parts

By Service Channel

  • DIFM
  • DIY
  • OE

By Vehicle Type

  • Heavy-duty Vehicle
  • Light-duty Vehicle

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Regional Analysis

The research report includes a detailed study of regions of North America, Europe, China, Japan and Rest of the World. The report has been curated after observing and studying various factors that determine regional growth such as the economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data on revenue and manufacturers of each region.

This section analyses region-wise revenue and volume for the forecast period of 2019 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.

The report provides in-depth segment analysis of the global automotive collision repair market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the automotive collision repair market.

The report includes country-wise and region-wise market size for the period 2019-2030. It also includes market size and forecast by segments in terms of production capacity, price and revenue for the period 2019-2030.

Why should you invest in this report?

If you are aiming to enter the global automotive collision repair market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for automotive collision repair are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Table of Contents

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Automotive Collision Repair Market, By Product

7.1. Automotive Collision Repair Market, by Product, 2020-2027

7.1.1. Consumables

7.1.1.1. Market Revenue and Forecast (2016-2027)

7.1.2. Paints & Coatings

7.1.2.1. Market Revenue and Forecast (2016-2027)

7.1.3. Spare Parts

7.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Automotive Collision Repair Market, By Service Channel

8.1. Automotive Collision Repair Market, by Service Channel, 2020-2027

8.1.1. DIFM

8.1.1.1. Market Revenue and Forecast (2016-2027)

8.1.2. DIY

8.1.2.1. Market Revenue and Forecast (2016-2027)

8.1.3. OE

8.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Automotive Collision Repair Market, By Vehicle Type

9.1. Automotive Collision Repair Market, by Vehicle Type, 2020-2027

9.1.1. Heavy-duty Vehicle

9.1.1.1. Market Revenue and Forecast (2016-2027)

9.1.2. Light-duty Vehicle

9.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global Automotive Collision Repair Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Product (2016-2027)

10.1.2. Market Revenue and Forecast, by Service Channel (2016-2027)

10.1.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)

10.1.4. U.S.

10.1.4.1. Market Revenue and Forecast, by Product(2016-2027)

10.1.4.2. Market Revenue and Forecast, by Service Channel (2016-2027)

10.1.4.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)

10.1.5. Rest of North America

10.1.5.1. Market Revenue and Forecast, by Product (2016-2027)

10.1.5.2. Market Revenue and Forecast, by Service Channel (2016-2027)

10.1.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Product (2016-2027)

10.2.2. Market Revenue and Forecast, by Service Channel (2016-2027)

10.2.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)

10.2.4. UK

10.2.4.1. Market Revenue and Forecast, by Product (2016-2027)

10.2.4.2. Market Revenue and Forecast, by Service Channel (2016-2027)

10.2.4.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)

10.2.5. Germany

10.2.5.1. Market Revenue and Forecast, by Product (2016-2027)

10.2.5.2. Market Revenue and Forecast, by Service Channel (2016-2027)

10.2.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)

10.2.6. France

10.2.6.1. Market Revenue and Forecast, by Product (2016-2027)

10.2.6.2. Market Revenue and Forecast, by Service Channel (2016-2027)

10.2.6.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)

10.2.7. Rest of Europe

10.2.7.1. Market Revenue and Forecast, by Product (2016-2027)

10.2.7.2. Market Revenue and Forecast, by Service Channel (2016-2027)

10.2.7.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Product (2016-2027)

10.3.2. Market Revenue and Forecast, by Service Channel (2016-2027)

10.3.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)

10.3.4. India

10.3.4.1. Market Revenue and Forecast, by Product (2016-2027)

10.3.4.2. Market Revenue and Forecast, by Service Channel (2016-2027)

10.3.4.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)

10.3.5. China

10.3.5.1. Market Revenue and Forecast, by Product (2016-2027)

10.3.5.2. Market Revenue and Forecast, by Service Channel (2016-2027)

10.3.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)

10.3.6. Japan

10.3.6.1. Market Revenue and Forecast, by Product (2016-2027)

10.3.6.2. Market Revenue and Forecast, by Service Channel (2016-2027)

10.3.6.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)

10.3.7. Rest of APAC

10.3.7.1. Market Revenue and Forecast, by Product (2016-2027)

10.3.7.2. Market Revenue and Forecast, by Service Channel (2016-2027)

10.3.7.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Product (2016-2027)

10.4.2. Market Revenue and Forecast, by Service Channel (2016-2027)

10.4.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)

10.4.4. GCC

10.4.4.1. Market Revenue and Forecast, by Product (2016-2027)

10.4.4.2. Market Revenue and Forecast, by Service Channel (2016-2027)

10.4.4.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)

10.4.5. North Africa

10.4.5.1. Market Revenue and Forecast, by Product (2016-2027)

10.4.5.2. Market Revenue and Forecast, by Service Channel (2016-2027)

10.4.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)

10.4.6. South Africa

10.4.6.1. Market Revenue and Forecast, by Product (2016-2027)

10.4.6.2. Market Revenue and Forecast, by Service Channel (2016-2027)

10.4.6.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)

10.4.7. Rest of MEA

10.4.7.1. Market Revenue and Forecast, by Product (2016-2027)

10.4.7.2. Market Revenue and Forecast, by Service Channel (2016-2027)

10.4.7.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Product (2016-2027)

10.5.2. Market Revenue and Forecast, by Service Channel (2016-2027)

10.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)

10.5.4. Brazil

10.5.4.1. Market Revenue and Forecast, by Product (2016-2027)

10.5.4.2. Market Revenue and Forecast, by Service Channel (2016-2027)

10.5.4.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)

10.5.5. Rest of LATAM

10.5.5.1. Market Revenue and Forecast, by Product (2016-2027)

10.5.5.2. Market Revenue and Forecast, by Service Channel (2016-2027)

10.5.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)

Chapter 11. Company Profiles

11.1. Automotive Technology Products LLC (ATP)

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. 3M

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Continental AG

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Denso Corporation

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Federal-Mogul LLC

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Faurecia

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Honeywell International, Inc.

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Johnson Controls, Inc.

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. International Automotive Components Group

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Magna International Inc.

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

11.11. Martinrea International Inc.

11.11.1. Company Overview

11.11.2. Product Offerings

11.11.3. Financial Performance

11.11.4. Recent Initiatives

11.12. Mann+Hummel Group

11.12.1. Company Overview

11.12.2. Product Offerings

11.12.3. Financial Performance

11.12.4. Recent Initiatives

11.13. Mitsuba Corporation

11.13.1. Company Overview

11.13.2. Product Offerings

11.13.3. Financial Performance

11.13.4. Recent Initiatives

11.14. Takata Corporation

11.14.1. Company Overview

11.14.2. Product Offerings

11.14.3. Financial Performance

11.14.4. Recent Initiatives

11.15. Robert Bosch GmbH

11.15.1. Company Overview

11.15.2. Product Offerings

11.15.3. Financial Performance

11.15.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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