US Automotive Service Industry - Statistics, Market Size & Trends

The US Automotive Service Market size is estimated at USD 188.13 billion in 2024, and is expected to reach USD 251.52 billion by 2029, growing at a CAGR of 5.98% during the forecast period (2024-2029). The COVID-19 pandemic compelled about 95% of all automotive-related …

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US Automotive Service Industry - Statistics, Market Size & Trends

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Automotive Repair Industry Statistics Statistics: Market Data …

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Jul 23, 2024 · Summary • ; The global automotive repair and maintenance services market is projected to reach $810.3 billion by 2026. • ; The average age of vehicles on the road in the …

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U.S. Automotive Repair & Maintenance Service Market Trends

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The U.S. automotive repair & maintenance service market size crossed USD 183.5 million in 2023 and is poised to expand at around 10.1% CAGR from 2024 to 2032, driven by the growing age …

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Automotive Repair And Maintenance Services Market Size And …

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North America held a dominant position in the Global Automotive Repair and Maintenance Services Market in 2022 with more than 29% of the market share. The automotive repair and …

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Automotive Repair And Maintenance Service Market Share Report

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Request for Customization. Automotive Repair and Maintenance Service Market Share is anticipated to reach USD 2166.94 Billion by 2032 with a CAGR of 11.29%, this market report …

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US Automotive Service Market Size, Competitors & Forecast

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The US Automotive Service Market size is estimated at USD 188.13 billion in 2024, and is expected to reach USD 251.52 billion by 2029, growing at a CAGR of 5.98% during the …

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Automotive Repair And Service Market Size, Share, Statistics

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The global automotive repair and service market was valued at $789.8 billion in 2021, and is projected to reach $1,656.21 billion by 2031, growing at a CAGR of 7.6% from 2022 to 2031. …

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4 Trends Accelerating The Auto Repair Industry Forward

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Using the latest IBIS World data 4, here is a quick breakdown of the combined $133 billion generated by the US auto repair industry through 2022. The average auto repair shop …

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U.S. Car Wash Services Market Report Scope - Grand View Research

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The U.S. car wash services market size was estimated at USD 15.21 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.7% from 2023 to 2030. The …

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FAQs about US Automotive Service Industry - Statistics, Market Size & Trends Coupon?

What is the automotive repair and maintenance service market size?

Automotive Repair and Maintenance Service Market size was valued at USD 825 billion in 2023 and is estimated to register a CAGR of over 10.2% between 2024 and 2032. Due to an increase in Aging cars are more likely to need regular maintenance and replacement parts, hence this development will be helpful to the industry's growth. ...

What is the global demand for automotive repair and maintenance service market?

The global demand for Automotive Repair and Maintenance Service Market is presumed to reach the market size of nearly USD 2166.94 Billion by 2032 from USD 827.45 Billion in 2023 with a CAGR of 11.29% under the study period 2024 - 2032. ...

What is the outlook for automotive repair and maintenance market?

Tires are expected to dominate the automotive repair and maintenance market by capturing over 32% market share by end of the forecast period. The segment is expected to grow with a CAGR of 6.9% during the forecast period. The demand for automotive repair parts is increasing with growing production of new vehicles and increased life of vehicles. ...

Why is automotive repair & maintenance a growing market?

The increasing global vehicle fleet and the aging of existing vehicles contribute to the growing demand for repair and maintenance services. Technological advancements in automotive systems drive the need for specialized expertise in diagnostics and repairs, fostering market growth. ...

Are automotive repair businesses ready for a new era of maintenance & service?

With a shortage of skilled technicians and a growing focus on digital marketing, automotive repair businesses are revving up for a new era of maintenance and customer service. The global automotive repair and maintenance services market is projected to reach $810.3 billion by 2026. ...

Why is auto repair & maintenance market growing in India?

The Indian automotive industry is a major contributor to the country’s GDP. Auto repair and maintenance services market is growing sharply with the entry of big car brands in the country. Authorized service centers that take care of auto repair and maintenance are increasing with the growing number of on-road vehicles in India. ...