Automotive Repair and Maintenance Services Market Updates

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.