U.S. Automotive Repair & Maintenance Service Market Size

Jan 1, 1970 · 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 of vehicles along with rising vehicle ownership.

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U.S. Automotive Repair & Maintenance Service Market Size

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Automotive Service Market Size, Industry Growth & Sector …

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Global Automotive Service Market was valued at US $ $695 Billion in 2023 and is expected to reach US $ 734.8 billion by 2032 growing at a CAGR of 5.51% during the ... more and more …

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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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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. ...

Which segment dominated the automotive repair & maintenance service market in 2023?

The passenger cars segment accounted for 35% of the automotive repair and maintenance service market share in 2023. Consumers prefer two wheelers and hybrid vehicles more for residential purposes. The demand for two wheelers has led the market to grow. Looking for region specific data? ...

How big is the US automotive service market?

Stay informed with the latest U.S. automotive industry statistics and market forecast outlook. The US Automotive Service Market is expected to reach USD 188.13 billion in 2024 and grow at a CAGR of 5.98% to reach USD 251.52 billion by 2029. ...

How will the global automotive repair & maintenance service market grow?

The increasing sale of vehicles and growing average driving miles are expected to boost the global automotive repair and maintenance service market. According to OICA, the total sale of passenger cars accounted for 535.9 million in 2020. ...

What is the US automotive service & repair industry?

The US Automotive Service & Repair Industry is Segmented by Vehicle Type (Passenger Cars and Commercial Vehicles), Service Type (Mechanical, Exterior and Structural, and Electrical and Electronics), and Equipment Type (Tires, Seats, Batteries, and Other Equipment Types). ...

What are the different types of automotive repair and maintenance service market?

Based on vehicle type, the market is categorized into passenger cars, two wheelers, electric vehicles, hybrid vehicles, commercial vehicles, luxury vehicles. The passenger cars segment accounted for 35% of the automotive repair and maintenance service market share in 2023. ...