Report Ocean recently released a research report on the Automotive Collision Repair Market, which covers the market’s historical growth, cost structure, revenue, trends, and potential prospects for the period 2023-2031. The report provides an extensive coverage of the market across various categories and includes a detailed analysis at the national level, along with an evaluation of the key drivers, restraints, trends, and opportunities in the market.
The global automotive collision repair market size is anticipated to reach USD 219.62 billion by 2026 according to a new report published by Report Ocean.
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The report “Automotive Collision Repair Market Size, Share & Trends Analysis Report By Product (Paints and Coatings, Consumables, Spare Parts); By Vehicle Type (Passenger Vehicles, Commercial Vehicles, Two-Wheeler); By End-Use; By Region, Segments & Forecast, 2019 – 2026” provides current market insights and future market trends.
In 2018, spare parts segment dominated the global market, in terms of revenue. In 2018, Europe accounted for majority share in global market. The market requires advanced protective materials which also meets the stylized highlights of the automobile. The quickly propelling paints and coatings innovation supports the market development. The organizations are under critical pressure to stiffen safety standards and guidelines and damages to vehicles which further aid market growth. The copious growth of hybrid and electric vehicles will offer market opportunities to growth during forecast period. Digitalization of automotive repair and collision services also supports market growth.
In 2018, Europe accounted for highest share of market revenue in global automotive collision repair market. The prime factors driving growth in the region include an established automotive industry, technological finesses and copious investments in R&D. Strict regulations responsible for vehicular safety and emissions accelerate growth in market. The rising safety concerns, unending list of accidents, introduction of driverless cars and car beautifications and ramp-up further increases the market growth in the region. The rise in driverless cars and a spurt in demand for electric vehicles increase the demand for market. With increasing sales and aging of vehicles globally, market is set to grow.
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The global automotive collision repair market is segmented on the basis of product, vehicle type, end-use and geography. Based on product, the market is segmented into paints and coatings, consumables and spare parts. Spare parts accounted for highest share in market in 2017 owing to spate of road accidents on the road. The quickly propelling paints and coatings innovation which bend over to the desires for most recent defensive car material and done-up requests is the key explanation behind paints and coatings section development. Paints and Coatings are required to achieve expanded selection in high volume displays over the estimation time frame owing to overwhelming environment concerns relating to use of harmful synthetic coatings and refinishing materials.
The vendors are introducing new products to meet rising customer desires. In addition, the leaders are acquiring and collaborating with top companies in the market to enhance their offerings and expand customer base. The leading players in the market include Denso Corporation, Continental AG, 3M, Honeywell International, Inc., DuPont, BASF, Johnson Controls, Inc., ZF Friedrichshafen, Robert Bosch GmbH, Federal-Mogul LLC, Automotive Technology Products LLC, Caliber Collision and Henkel AG&Co., KGaA.
Report Ocean has segmented the automotive collision repair market report on the basis of product type, vehicle type, end-use and region.
Automotive Collision Repair Product Outlook (Revenue, USD Billion, 2015 – 2026)
Paints and Coatings
Consumables
Spare Parts
Automotive Collision Repair Vehicle Type Outlook (Revenue, USD Billion, 2015 – 2026)
Passenger Vehicle
Commercial vehicle
Two-wheelers
Automotive Collision Repair End-use Outlook (Revenue, USD Billion, 2015 – 2026)
OEMs
Aftermarket
Others
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Automotive Collision Repair Regional Outlook (Revenue, USD Billion, 2015 – 2026)
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Asia Pacific
India
China
Japan
Latin America
Mexico
Brazil
MEA
Table of Content
Chapter 1: Global Automotive Collision Repair Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Automotive Collision Repair market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Automotive Collision Repair Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Automotive Collision Repair market Size Forecast (2023-2031).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Automotive Collision Repair market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Automotive Collision Repair market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Automotive Collision Repair market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Automotive Collision Repair business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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