USD 755.4 billion
Report ID:
SQMIG25S2061 |
Region:
Global |
Published Date: February, 2025
Pages:
194
|Tables:
90
|Figures:
71
Global Automotive Repair and Maintenance Services Market size was valued at USD 755.4 billion in 2023 and is poised to grow from USD 806.01 billion in 2024 to USD 1354.12 billion by 2032, growing at a CAGR of 6.7% during the forecast period (2025-2032).
The demand for automotive repair and maintenance services is increasing with the growing number of old vehicles. The need to replace and repair parts, and their continued operation led to older cars, would create an industry growth area. It is because professional solutions for maintenance become necessary to help elongate their life and run mileage.
One of the major drivers for the global automotive repair and maintenance services market growth is the growing preference for road transportation. The increasing preference for road transportation for last-mile delivery and subsequent growth in the use of heavy, medium-, and light-duty vehicles in emerging countries will increase the number of vehicles, especially HCVs, on roads. The lack of rail freight services in a country is one of the most significant reasons why the enterprises like to carry their cargo by road transport. The inadequacy of sufficient freight services also makes companies prefer the roadways as a safe medium of transporting their products. Roadways are much in demand for freight transport because these are more convenient than rail transport, cheaper than air transportation, and faster than waterways. Since in road transportation, vehicles travel long distances every day to deliver packages, it leads to an increase in the wear and tear of vehicles. This encourages companies to offer maintenance and repair services dedicated to fleet operators.
These services comprise oil and fluid top-ups, puncture repairs and number plate replacement, washing and vac after every visit to a workshop, and fitting of wiper blades, bulbs, and batteries for all the vehicles in a fleet. Thus, these factors will increase the demand in the global market in the forecast period. There is an emerging trend in the automotive repair and maintenance services market as more people use 3D printing for repair. 3D printing is a process of creating three-dimensional solid objects from a digital file. 3D printing recreates existing objects using computers and other computerized components, and it can also create customized objects according to the design of the user. Though 3D printing has been in the market for a long time, its potential is still untapped.
Key Market Attributes
In July 2023, Kwikfix Automotive Repairs has come up with a mobile application, which aims to provide car owners in India with an easy and hassle-free way of scheduling their automobile servicing and accessory alterations. The app will present people with tailor-made recommendations drawn from the model, condition, and usage of the car, thus allowing them to predict what repairs may be needed. The platform also allows for scheduling of services, estimating costs, and providing regular maintenance reminders for ensuring the effectiveness and longevity of the vehicle. Kwikfix is trying to be innovative by incorporating AI-powered diagnostics for revamping the customer experience with a better quality of car care in the region, reducing unexpected failures, and making vehicle servicing easier and more efficient.
In October 2023, Ford Motor Company collaborated with Amazon to introduce an innovative voice-activated vehicle repair and maintenance service called the Alexa. This partnership will be easy for owners of Ford to schedule an appointment, monitor the service, and pay using Alexa voice commands, thus making it a seamless experience that is entirely hands-free. After its initial launch in the United States, the service will gradually spread to other marketplaces around the globe. This collaboration aims to enhance customer ease, involvement, and access in the automotive service industry by combining Ford's service network with Amazon's AI, thus underpinning the rising digitalization of vehicle servicing.
In July 2022, FullSpeed Automotive is rapidly expanding to fast-track its growth through acquisitions with an aggressive aim of reaching 1,000 service centers by the end of 2023. The leading auto franchisor and owner of automotive aftermarkets repair locations, FullSpeed Automotive's top brands, SpeeDee Oil Change & Auto Service and Grease Monkey, are national brands. Its strategy focuses on franchise location and independent repair shop acquisitions, adding to its national market footprint and enhancing its capacity to deliver a higher level of service. FullSpeed is going to maximize its operational expertise and robust brand reputation to meet the growing demand for efficient, rapid, and high-quality vehicle repair and maintenance services.
Market snapshot - 2025-2032
Global Market Size
USD 755.4 billion
Largest Segment
Passenger Cars
Fastest Growth
Two-Wheelers
Growth Rate
6.7% CAGR
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Global Automotive Repair and Maintenance Services Market is segmented by Services, Service Providers, Vehicle Type and region. Based on Services, the market is segmented into Engine Oil, Gear Oil, Brake Oil, Grease, Tires, Batteries, Wear & Tear Parts, Air Filter, Cabin Filter, Oil Filter, Wiper Blades and Others. Based on Service Providers, the market is segmented into Automobile Dealerships, Franchise General Repairs, Specialty Shops, Locally Owned Repair Shops, Tire Shops and Others. Based on Vehicle Type, the market is segmented into Passenger Cars, LCV and HCV. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Analysis by Vehicle Type
As per the 2024 global automotive repair and maintenance services market analysis, the passenger car segment held almost 35% of the market share, primarily because of the increased number of private vehicle owners seeking routine servicing, repairs, and part replacements. The segment has been witnessing growth in recent years with rising demand for service subscription, extended warranty, and routine maintenance plans. Increasing demand for special repair services is another growth area in this segment. These services have experienced an increased demand in response to the rapidly increasing demand for electric and hybrid vehicles. The passenger cars segment is bound to see further growth as car owners become more proactive in attending to repairs due to the technological advances in diagnostics, predictive maintenance, and digital service platforms.
The growing household and daily commuting demand for two-wheelers would be projected to have a deep impact on the two-wheeler segment. Urban congestion along with cost-effectiveness and fuel efficiency have made the growth of two-wheeler adoption quite pronounced in emerging markets. This has been further supplemented by increased awareness in sustainability and eco-friendly transport options, which, in turn, have increased the demand for hybrid vehicles and hence a resultant need for dedicated maintenance services. Ridesharing and delivery services have also increased the use of two-wheelers, thereby fueling demand for routine servicing, engine adjustment, and battery maintenance. This has also witnessed the growth in the repair and maintenance sector.
Analysis By Service Type
Based on the 2024 global automotive repair and maintenance services market forecast, the mechanical segment is the market leader, accounting for about USD 298 billion in revenue because of the frequent requirement for servicing engines, brake adjustment, transmission, and replacement of parts. As the vehicles grow older, there is a need for regular check-ups and replacement of parts since the rate of mechanical failure and wear-and-tear increases with age. This is further compounded by factors like rising car ownership, increased extension of the lifespan of vehicles, and universal practices of servicing. Other factors that spur the expansion of the segment are the proliferation of subscription models of servicing and preventive maintenance programs. Although electric vehicles are becoming more popular, the demand for mechanical maintenance services is constant with internal combustion engines (ICE) dominant in the globe.
The electrical & electronics category will experience the fastest growth, which is primarily spurred by the increasing popularity of electric vehicles, hybrid vehicles, and advanced automotive technologies. This results in the existence of modern vehicles with electronic control units (ECUs), sensors, infotainment systems, battery management systems (BMS), and various driver assistance features, which are all diagnosed and repaired using specialty diagnostics. These increase the demand for connected cars, autonomous driving systems, and advanced safety features. Electrical diagnostics, software updates, and EV battery maintenance will generate the fastest growth in the global automotive repair and maintenance services industry, where manufacturers will integrate AI, IoT, and automation into vehicles.
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With the Asian-Pacific region being the fastest increasing urbanization zone, consumers increasingly prefer private vehicles as their transportation and commuting daily mode. Passenger car sales continue to rise in this regard. Therefore, high demand for car repair and service is generated by passenger cars. In addition, the underdeveloped road conditions in certain regions of Vietnam and other countries negatively impact the conditions of vehicles. Since consumers in these countries are bound to visit the repairing stores frequently for services, this growth of the segment is maximized. The demand for automotive repair and maintenance services increases with the increasing vehicle parc in India as aged vehicles need to be serviced frequently to sustain the highest level of their usability.
The market is on the verge of experiencing a significant opportunity in India, aside from the passenger car servicing market. The market is growing with increasing investments in regional public transport ecosystems, along with supportive growth trends in the road freight sector. For instance, Society of Indian Automobile Manufacturers reported data that new light commercial vehicle sales in India rose year-on-year by 26.7% to 475.9 thousand units in FY2022 and 603.4 thousand units in FY2023.
North America is expected to hold the top share in the automotive repair and maintenance services market with its robust service networks, increasing rate of old cars, and higher vehicle ownership rate. The region is dotted with a considerable number of independent workshops, franchised service providers, and automobile repair centers. This ensures easy access to professional maintenance and repair services. Supporting factors driving the growth of the industry are increased demand for preventive maintenance, stricter vehicle safety regulations, and increasing numbers of electric and hybrid vehicles. Along with such figures, two drivers of stable growth in North America are increasing consumer demands for extended warranties and routine maintenance programs. In the US and Canada, consumers spend the most on vehicle servicing.
The European market will have a profound impact on the automotive repair and maintenance service market, mainly because of the region's strict emission standards, high rate of vehicle ownership, and strong luxury car market. Such advanced automotive technologies along with well-developed service networks in the region are increasing high-end repairs, diagnostics, and routine maintenance demands. The strength of OEMs in countries such as the UK, Germany, and France, is supporting expansion in authorized service centers. At the same time, the requirement for specialized maintenance and repair services is being promoted by the shifting towards electric and hybrid models.
The automotive repair and maintenance services market in Latin America is facing significant growth driven by sustainable and eco-friendly solutions for automotive, such as digital servicing platforms and remanufactured parts, that are witnessed to further increase influences in the market. Brazil, Mexico, and Argentina are among the countries where the automotive repair and maintenance service industry is booming. Growing numbers of ageing vehicle fleets, increased vehicle ownership, and expanding middle class all demand regular servicing, component replacements, and aftermarket repairs. The independent workshops and local repair networks are a necessity in the region since OEM service centers are extremely scarce. In addition to that, increasing fleet-based services adoption and ride-hailing is pushing the demand further for vehicle maintenance. The foreseeable future will see steady market growth in the region as a result of government initiatives toward improving transportation infrastructures.
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Drivers
Increasing Technological Innovations Driving the Market Growth
Increasing Sustainability Practices to Expand Market
Restraints
Technical Gap and Unavailability of Proficient Technologists
Increased Demand for Electric Vehicles
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The key players in the global automotive repair and maintenance services market are capitalizing on a holistic integration of technology in their overall service product. The rising presence of electric vehicles and connective car technologies includes significant investment in AI-powered diagnosis, remote monitoring systems, and specific training programs for technicians that are to keep pace with the changing environment. Companies are also emphasizing sustainability through eco-friendly practices such as the use of recycled parts and waste reduction with effective energy-efficient processes.
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, growth in the size of the vehicle fleet and the requirement for reliable maintenance services also supports the growth of the automotive repair and maintenance services market. After-sale services, including the replacement and repair of vehicle components, play a vital role in the elongation of the life of the vehicles. The global automotive repair and maintenance services market outlook constantly changing techniques and technologies of repair through continued research and development. The rise of online auto parts retail has revolutionized the aftermarket, making replacement components available to consumers. The need for skilled auto repair technicians is also important to keep passenger vehicles, including SUVs, reliable. The increasing numbers of passenger car registrations globally drive this fact. Its large market size and constant demand make the industry an important one, thus the market is expected to grow for the next years.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 755.4 billion |
Market size value in 2032 | USD 1354.12 billion |
Growth Rate | 6.7% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Automotive Repair and Maintenance Services Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Automotive Repair and Maintenance Services Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Automotive Repair and Maintenance Services Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
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Global Automotive Repair and Maintenance Services market size was valued at USD 825 Billion in 2023 and is poised to grow from USD 909.15 Billion in 2024 to USD 1,977.37 Billion by 2032, growing at a CAGR of 10.2% in the forecast period (2025-2032).
The key players in the global automotive repair and maintenance services market are capitalizing on a holistic integration of technology in their overall service product. The rising presence of electric vehicles and connective car technologies includes significant investment in AI-powered diagnosis, remote monitoring systems, and specific training programs for technicians that are to keep pace with the changing environment. Companies are also emphasizing sustainability through eco-friendly practices such as the use of recycled parts and waste reduction with effective energy-efficient processes. 'Jiffy Lube International, Inc. ', 'Midas International LLC ', 'Meineke Car Care Centers, LLC ', 'Monro, Inc. ', 'Firestone Complete Auto Care ', 'Goodyear Tire & Rubber Company ', 'Bosch Automotive Service Solutions ', 'Kwik Fit Group ', 'Halfords Group plc ', 'FullSpeed Automotive', 'AAA (American Automobile Association) Car Care ', 'Bridgestone Retail Operations, LLC ', 'Belron International Ltd ', 'Fix Auto World ', 'AutoZone, Inc. '
The global automotive repair and maintenance services market is fueled by rapid technological innovation. This includes advanced diagnostics, AI-driven predictive maintenance, and special tools designed for the requirements of electric vehicles (EVs) and connected cars. Telematics and remote monitoring integration helps to track vehicle health in real-time and optimize schedules and minimize downtime.
Emergence of AI and Digital Technology-Powered Auto Repair Services: The integration of AI, IoT, and mobile applications in the market is revolutionizing the consumer experience. Predictive maintenance, diagnostics, and appointment scheduling through the mobile application help services be delivered more quickly and efficiently. Industry-wide standards include the remote monitoring of vehicles, automated registration upon making appointments, as well as an integration of online payment options. This enhances customers' experiences as well as limits vehicular downtime owners may incur.
With the Asian-Pacific region being the fastest increasing urbanization zone, consumers increasingly prefer private vehicles as their transportation and commuting daily mode. Passenger car sales continue to rise in this regard. Therefore, high demand for car repair and service is generated by passenger cars. In addition, the underdeveloped road conditions in certain regions of Vietnam and other countries negatively impact the conditions of vehicles. Since consumers in these countries are bound to visit the repairing stores frequently for services, this growth of the segment is maximized. The demand for automotive repair and maintenance services increases with the increasing vehicle parc in India as aged vehicles need to be serviced frequently to sustain the highest level of their usability.
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