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    Automotive Collision Repair Market | Covid-19 Impact Analysis

    Automotive Collision Repair Market | Covid-19 Impact Analysis

    Automotive Collision Repair Market | Covid-19 Impact Analysis
    Report code - SRTI169 Delivery - 2 Weeks
    Automotive Collision Repair Market Size, Share, Trend, Forecast, & Industry Analysis & See more...
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    Impact of COVID-19 on Automotive Collision Repair Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Automotive Collision Repair Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Automotive Collision Repair Market Insights

    Automotive Collision Repair market is likely to witness a steady CAGR of 3.3% during the forecast period. The increasing population, rising per capita income, and growing automobile sales are driving the growth of the market.

    Automotive Collision Repair Market - Snapshot

    Growth

    3.3% for the next five years

    Major Product

    Crash Parts

    Dominant Source Type

    New OEM

    Region with the highest demand

    Asia Pacific

    Key Players

    The 3M Company, ATP Automotive, Caliber Collision, DuPont,

    Continental Corporation, Denso Corporation, Faurecia,

    Eastman Chemical Company,  Federal-Mogul Holdings Corp

     

    Market Share Analysis

    Automotive-Collision-Repair-Market-Dominant-Segments

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    Automotive Collision Repair Market Share: By Product Type

    Based on the product type, the market is segmented as crash parts, paints and coatings, adhesives & sealants, abrasives, finishing compounds, and others. The crash parts’ segment is expected to dominate the market during the forecast period, owning to rising road accidental rates. These are designed and produced to the same specifications and tolerances as the actual parts on the vehicles and cater to the stringent road-safety requirements.

    Automotive Collision Repair Market Share: By Vehicle Type

    Based on the vehicle type, the automotive collision repair market is segmented as passenger cars, LCV, HCV, and two wheelers. The passenger cars segment dominates the market, due to the rising road traffic in the developing economies, strong presence of vehicle repair centers offering restoration and refurbishment services.

    Automotive Collision Repair Market Share: By Source Type

    Based on the source type, the market is segmented as new OEM, aftermarket, recycled, and remanufactured. The new OEMs segment is expected to grow at the highest growth rate, due to provision for easier replacements, insurance policies, and warranty offered by OEMs, along with the improved durability and reliability offered with ease in installation.

    Automotive Collision Repair Market Share: By Auto Body Shops Type

    Based on the auto body shops type, the automotive collision repair market is segmented as dealer-owned shops and independent repair shops. The dealer owned shops is expected to dominate the market owing to the growing preference for dealer-owned shops on account of easy availability of reliable and superior quality spare parts.

    Automotive Collision Repair Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the largest growing automotive collision repair market during the forecast period. Rising road congestion coupled with increasing number of automobile sales in China and India, are surging the demand for two-wheelers in the developing economies of Asia-Pacific along with lenient road safety laws leading to road accidents, which are expected to drive the market.

    Automotive-Collision-Repair-Market-By-Region

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    Some of the major automotive collision repair manufacturers are-

    • 3M Company
    • ATP Automotive
    • Caliber Collision
    • DuPont
    • Continental Corporation
    • Denso Corporation
    • Faurecia
    • Eastman Chemical Company
    • Federal-Mogul Holdings Corp

     

    Market Scope & Segmentation

    Automotive Collision Repairs are performed on different parts of an automotive such as paints and coatings, crash parts, adhesives & sealants, abrasives, finishing compounds, and others. They have majorly four sources new OEM, aftermarket, recycled, and remanufactured.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Automotive Collision Repair Market Research Report - Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The automotive collision repair market is segmented into the following categories. 

    Automotive Collision Repair Market Size, Share, & Forecast, by Product Type:

    • Crash Parts (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Paints and Coatings (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Adhesives & Sealants (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Abrasives (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Finishing Compounds (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Automotive Collision Repair Market Size, Share, & Forecast, by Vehicle Type:

    • Passenger Cars (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • LCV (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • HCV (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Two Wheelers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Automotive Collision Repair Market Size, Share, & Forecast, by Source Type:

    • New OEM (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aftermarket (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Recycled (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Remanufactured (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Automotive Collision Repair Market Size, Share, & Forecast, by Auto Body Shop Type:

    • Dealer-owned Shops (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Independent Repair Shops (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Automotive Collision Repair Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Automotive-Collision-Repair-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by source type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

     


    Frequently Asked Questions (FAQs)

    What will be the growth of Automotive Collision Repair Market in the foreseeable future?

    The automotive collision repair market is expected to witness an impressive growth of 3.3% CAGR in the foreseeable future.

    Who are the key players in the Automotive Collision Repair Market?

    3M Company, ATP Automotive, Caliber Collision, DuPont, Continental Corporation, Denso Corporation, Faurecia, Eastman Chemical Company, and Federal-Mogul Holdings Corp are among the key players in the automotive collision repair market.

    Which country/region is expected to be the largest growing Automotive Collision Repair Market?

    Asia-Pacific is estimated to be the largest growing automotive collision repair market during the forecast period.

    Which product type is expected to remain dominant in the Automotive Collision Repair Market?

    The crash parts segment is expected to dominate the automotive collision repair market during the forecast period.

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