Auto Repair Market is predicted to reach USD 1844.4 billion at a CAGR of 10.50% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Auto Repair Market”.

The Market is estimated to register a CAGR of 10.50% during the forecast period of 2024 to 2032.

MRFR recognizes the following companies as the key players in the global Auto Repair Market— Bosch Car Service, ADNOC, Nippon Express Co., Car Parts.com Inc, Belron International Ltd., EUROPART Holding GmbH, Hance's European, Inter cars, LKQ Corporations, M& M Auto Repair, Mekonomen Group, Mobivia Groupe, My TVS, Sun Auto Service, USA Automotive and Wrench, Inc.

Market Highlights

The global Auto Repair Market is expected to register a CAGR of 10.50% during the forecast period and is estimated to reach USD 1844.4 billion by 2032.

Factors such as rising automobile sales, the expansion of automotive aftermarket services, and severe government rules to replace or update vehicle components all contribute to the growth of the automotive repair and service industry. However, variable raw material prices and increased demand for shared mobility are projected to impede the expansion of automotive repair industry statistics. Furthermore, the rising trend of vehicle customization, combined with an increase in disposable income, rising automotive safety standards, and a desire for technologically advanced features, generates market prospects for key participants in the automotive repair industry.

Browse In-depth Detailed Research Report [Table of Content, List of Figures, List of Tables] of Auto Repair Market Trend

Segment Analysis

The global Auto Repair Market has been segmented based on Service Type and Vehicle Type.

The Service Type segments the market into Mechanical, Exterior & structural, Electrical And Maintenance. Mechanical category dominates the market. Mechanical repairs are essential for ensuring the proper operation and safety of vehicles. This section provides services such as engine diagnostics, oil changes, brake repairs, steering and suspension repairs, and general mechanical inspections.

Vehicle Type segments the market into Passenger cars, Two wheelers, Electric vehicles, Hybrid vehicles, Commercial vehicles And Luxury vehicles. In 2023, the passenger cars segment had a notably strong revenue share. The increased average age of vehicles in use has led to an increase in demand for repair and maintenance services.

Regional Analysis

The global Auto Repair Market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America consists of the US and Canada. The Europe Auto Repair Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Auto Repair Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Auto Repair Market comprises of Middle East, Africa, and Latin America.

In terms of the worldwide Auto Repair market, North America is the leader. Automotive production in North America, fueled by new car registrations and the presence of major vehicle manufacturers, will propel the market forward. The growing size of the vehicle fleet demands regular vehicle maintenance, with an emphasis on safety and dependability. Independent auto services and service providers give Service Flexibility and Cost Competitiveness, which appeals to a wide range of vehicle owners, including those with passenger cars, electric vehicles, and commercial fleets such as taxis and shared mobility.

Moreover, Europe Auto Repair Market has the second-largest market share. This is attributable to the high automobile population and the culture of car ownership. Independent repair shops, franchise organizations, and dealership service centers are key industry actors that provide services ranging from routine maintenance to complex repairs. Furthermore, the German Auto Repair Market had the biggest market share, while the UK Auto Repair Market was the fastest-growing in the European region.

Additionally, the Asia-Pacific Auto Repair Market is predicted to develop at the quickest CAGR between 2024 and 2032. This is owing to increased vehicle sales and manufacturing, a thriving used car market, and stringent government regulations on vehicle maintenance. Furthermore, China's Auto Repair Market accounted for the greatest market share, while India's Auto Repair Market was the fastest-growing market in Asia Pacific.

The rest of the world Auto Repair Market is segmented into three regions: the Middle East, Africa, and Latin America. The primary factors driving the growth of the automotive repair market in these regions are an increase in the use of passenger vehicles, an increase in the demand for services from commercial vehicle owners, a growing awareness of vehicle safety, and an increase in vehicle sales.

Key Findings of the Study

• The global Auto Repair Market is expected to reach USD 1844.4 billion by 2032, at a CAGR of 10.50% during the forecast period.


• The Asia-Pacific Auto Repair Market is predicted to develop at the quickest CAGR owing to increased vehicle sales and manufacturing.


• In 2023, the passenger cars segment had a notably strong revenue share.


• Bosch Car Service, ADNOC, Nippon Express Co., Car Parts.com Inc, Belron International Ltd., EUROPART Holding GmbH, Hance's European, Inter cars, LKQ Corporations, M& M Auto Repair, Mekonomen Group, Mobivia Groupe, My TVS, Sun Auto Service, USA Automotive and Wrench, Inc are key market players.