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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US Automotive Service Market Trends - Mordor Intelligence

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Growing Number of Auto Repair and Maintenance Centers. There will be nearly 239,100 auto repair and maintenance centers in the United States in the fourth quarter of 2021, a 2% …

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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 & Maintenance Service Market Size & Share …

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The Automotive Repair And Maintenance Service Market is expected to reach USD 741.34 billion in 2024 and grow at a CAGR of 6.13% to reach USD 998.18 billion by 2029. LKQ Corporation, …

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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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Automotive Service, Maintenance & Repair Market Size, Share, …

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Industry Insights. The global automotive service, maintenance & repair market accounted for USD 425.4 Billion in 2022. Moreover, it is anticipated to flourish at a CAGR of 7.0% during the …

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US Automotive Service Market Size (2024 - 2029) - Mordor …

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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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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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US Automotive Service Market Share - Mordor Intelligence

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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. Monro Inc., Firestone Complete Auto …

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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. ...

Why is the auto repair & maintenance market growing?

One of the key factors supporting the market is the increase in number of repair and maintenance centers in the country. Also, the increasing average age of vehicles and increase in use of second-hand (used) vehicles is fuelling the demand for auto repair and maintenance services in the United States. ...

What is the global automotive repair and maintenance services market?

The global automotive repair and maintenance services market is projected to reach $810.3 billion by 2026. The annual revenue of the automotive repair industry in the U.S. is approximately $116 billion. On average, Americans spend around $200 billion annually on automotive maintenance and repairs. ...

How big is the automotive repair industry?

Exploring the Lucrative Automotive Repair Industry: $810.3 Billion Market, 11.9-Year-Old Vehicles, and More! Female customers account for 65% of all automotive repair service decisions. Over 90% of automotive repair businesses in the U.S. offer some form of warranty on their services. ...

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. ...

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? ...