What is the global market size of Automotive Collision Repair Market?

Global Automotive Collision Repair Market size was valued at USD 195.20 Billion in 2022 and is poised to grow from USD 198.91 Billion in 2023 to USD 231.23 Billion by 2031, at a CAGR of 1.90% during the forecast period (2024-2031).

What is the key driver of Global Automotive Collision Repair Market?

The automotive collision repair market is driven by the overall growth in vehicle sales globally. As the number of vehicles on the road increases, the likelihood of accidents and collisions rises as well, creating a higher demand for collision repair services. In 2022, there was a surge in vehicle sales, particularly in emerging markets such as China and India. For example, China's passenger car sales reached over 21 million units in 2022, driving the demand for collision repair services in the country.

What is the key market trend for Global Automotive Collision Repair Market?

Demand for Electric Vehicle (EV) Repairs: With the growing adoption of electric vehicles, the automotive collision repair market is witnessing an increasing demand for repairs and maintenance specific to EVs. This includes repairs to electric powertrains, battery systems, and charging infrastructure. In 2022, the sales of electric vehicles surged, with notable examples being the Tesla Model 3 and the Nissan LEAF. The rising popularity of EVs is driving the need for specialized collision repair services tailored to these vehicles.

Which region accounted for the largest share in Global Automotive Collision Repair Market?

In 2022, Europe emerged as the dominant region in the global automotive collision repair market, capturing a significant revenue share of 42.5%. This region is expected to maintain a steady compound annual growth rate (CAGR) over the forecast period. The growth can be attributed to several factors, including the increasing penetration of vehicles equipped with enhanced safety features and a relatively stagnant sales volume. The need for metal part replacements and repairs for damaged plastics is expected to contribute to the growth of the European market.

Automotive Collision Repair Market Companies

Automotive Collision Repair Market Competitive Landscape

The global automotive collision repair market is highly competitive in nature, characterized by the presence of several key players striving to gain a significant market share. These companies focus on expanding their service offerings, enhancing their repair capabilities, and establishing a strong network of repair centers to cater to the growing demand for collision repair services. The competitive landscape of the market is shaped by factors such as technological advancements, partnerships, mergers and acquisitions, and investments in research and development. Partnerships and collaborations are also prominent in the competitive landscape as companies seek to leverage each other's strengths. Collaborations with vehicle manufacturers and insurance providers help streamline the repair process, ensuring efficient communication and faster claims processing. Moreover, partnerships with technology companies and equipment suppliers enable access to the latest repair technologies and tools, enhancing the company's capabilities and service offerings.

Automotive Collision Repair Market: Top Player’s Company Profiles

3M (US)

Akzo Nobel N.V. (Netherlands)

Axalta Coating Systems (US)

BASF SE (Germany)

Continental AG (Germany)

Denso Corporation (Japan)

DuPont de Nemours, Inc. (US)

Faurecia SA (France)

Federal-Mogul LLC (US)

Henkel AG & Co. KGaA (Germany)

Honeywell International Inc. (US)

Johnson Controls International plc (Ireland)

Magna International Inc. (Canada)

PPG Industries, Inc. (US)

Robert Bosch GmbH (Germany)

Saint-Gobain S.A. (France)

Solera Holdings, Inc. (US)

Tenneco Inc. (US)

Valeo SA (France)

ZF Friedrichshafen AG (Germany)

FAQs

Automotive Collision Repair Market size was valued at USD 139.23 Billion in 2024 and is poised to grow from USD 146.75 Billion in 2025 to USD 223.51 Billion by 2033, growing at a CAGR of 5.4% during the forecast period (2026–2033).

The automotive collision repair market's competitive environment is quite broad and consists of many players, starting from global firms to small independent businesses. These global firms can provide vehicle owners and insurance companies with an entire range of collision repair services by using their huge amount of resources. Independent repair shops, which fulfil the requirement of the local markets, are also critical as they provide customers with customized and cost-effective options. Furthermore, many technology providers are also competing in the market as that supply collision repair companies with high-end solutions to enhance the performance and standard of repair services. 'Caliber Collision Repair Services (United States)', 'Joe Hudson's Collision Center (United States) ', 'Crash Champions (United States) ', 'MAACO (United States) ', 'Mitchell International (United States) ', 'Meineke Car Care Centers (United States) ', 'Service King Collision Repair (United States) ', 'Gerber Collision & Glass (United States) ', 'Fix Auto USA (United States) ', 'ABRA Auto Body & Glass (United States) ', 'CARSTAR (United States) ', 'Service King Collision Repair Centers (United States) ', 'Caliber Collision Centers (United States) ', 'Body Shop Express (United States) ', 'Dent Wizard International (United States) ', 'Auto Body Repair Network (United States) ', 'AutoNation Collision Center (United States) ', 'Allstate Auto Glass (United States) ', 'Safelite AutoGlass (United States) ', 'Glass Doctor (United States)'

Increasing Adoption of Advanced Repair Technologies: The incorporation of advanced cutting-edge technology is also one of the dominant trends that has been witnessed in the global automotive collision repair market. The increase in the technological advancement of vehicles has led most repair garages to modernize their facilities by acquiring modern tools and equipment to enhance both the quality and speed of the repairs. Moreover, there is an increased use of computer estimating systems, AR and VR, and 3D scanners that are intended to make the process of repair more efficient.

North America is dominating with the largest automotive collision repair market share.  North America boasts one of the world's largest vehicle ownership per capita. The high number of cars on the roads is a result of the large population in the region and an active automotive culture. Therefore, the increasing usage of cars is also raising the prevalence of road accidents, contributing to the requirement of automotive collisions repair. The design, manufacture, and repair of vehicles in North America are controlled by strict safety regulations. The automobile industry in the region is marked by the penetration of modern technologies in vehicles. Advanced technologies require specific expertise and equipment for repair, such as advanced driver assistance systems (ADAS), collision avoidance systems, and high-strength materials. Such technologies increase the need for professional services in case of a collision and repair.

Automotive Collision Repair Market

Report ID: SQMIG25A2115

Top Automotive Collision Repair Companies

Automotive Collision Repair Market Competitive Landscape

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Top Automotive Collision Repair Companies

Automotive Collision Repair Market Competitive Landscape

FAQs

What is the global market size of Automotive Collision Repair Market?

Who are the key vendors in the Automotive Collision Repair Market?

What is the key driver of Automotive Collision Repair Market?

What is the key market trend for Automotive Collision Repair Market?

Which region accounted for the largest share in Automotive Collision Repair Market?

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