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    Authorized Car Service Center Market Report

    Authorized Car Service Center Market Report
    Report code - SRTI206 Delivery - 2 Weeks
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    Authorized Car Service Center Market Size, Share, Trend, Forecast, & Industry Analysis See more...

    Impact of COVID-19 on Authorized Car Service Center Market

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

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    Impact of COVID-19 on Authorized Car Service Center Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy 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.

    Market Insights

    Authorized Car Service Center Market is likely to witness a CAGR of 4.0% during the forecast period. Major factors such as stringent rules & regulations made by the government for fuel economy and carbon emission, growing automobile industry, and increasing passenger cars and aftersales service industry are expected to contribute to the growth of the authorized service center market during the forecast period.

    Authorized Car Service Center Market - Snapshot

    Growth

    4.0% for the next five years

    Major Autobody Shop Type

    Organized Multi-brand Service Providers

    Dominating Service Type

    Car Body

    Major Vehicle Age Type

    More than Three Years

    Region with the highest demand

    North America  

    Key Players

    3M Car Care, Automovill Technologies Pvt. Ltd., Bayerische Motoren Werke AG, Carmozo, Carnation Auto, Carxpert Garage, Groupe Renault, Honda Motor Co. Ltd., Lansdowne Automobile, and The Toyota Motor Corporation.

    Segment Analysis

    Authorized-Car-Service-Center-Market-Dominant-Segments

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    Authorized Car Service Center Market Share: By Autobody Shop Type

    Based on the autobody shop type, the market is segmented as OEM authorized workshops and organized multi-brand service providers. The organized multi-brand service providers segment is estimated to witness significant growth in the market during the forecast period on account of the increasing requirement for the automobile industry for providing repair & maintenance services for multi-brand cars.

    Authorized Car Service Center Market Share: By Services Type

    Based on the services type, the market is segmented as engine, transmission, brakes, suspension, electrical, body, tires, and belts & accessories. The car body service is estimated to be the dominating service type in the market during the forecast period owing to increasing incidents of vehicle collision and accidents. Increase in vehicle sales and aging of vehicles are further expected to boost the segment’s growth during the forecast period.

    Authorized Car Service Center Market Share: By Vehicle Age Type

    Based on the vehicle age type, the market is segmented as less than three years and more than three years. Vehicles aged more than three years are estimated to witness significant growth in the market during the forecast period. In India, independent repair shops are usually preferred for routine & basic vehicle services owing to their quick & reliable services at low cost.

    Authorized Car Service Center Market Share: By Region

    In terms of regions, North America is estimated to be the dominating region in the market owing to the presence of various major industry players and increasing number of passenger cars in the region during the forecast period. Further, stringent regulations made by the government for regulating car emissions is expected to fuel the regional market growth over the forecast period. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

    Authorized-Car-Service-Center-Market-By-Region

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    Market Scope & Segmentation

    Authorized car service centers are independent service centers established for performing various types of repair & maintenance operations for an automobile brand. Growing implementation of advanced fuel systems, ignition, entertainment systems, etc. are compelling the vehicle owners to opt for authorized car repair services.

    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.

    Authorized Car Service Center Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The authorized car service center market is segmented into the following categories.

    Authorized Car Service Center Market Size, Share, & Forecast, by Autobody Shop Type:

    • OEM Authorized Workshops (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Organized Multi-brand Service Providers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Authorized Car Service Center Market Size, Share, & Forecast, by Services Type:

    • Engine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Transmission (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Brakes (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Suspension (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Electrical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Body (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Tires (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Belts & Accessories (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Authorized Car Service Center Market Size, Share, & Forecast, by Vehicle Age Type:

    • Less than Three Years (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • More than Three Years (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Authorized Car Service Center 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)

    Key Players

    Some of the key players in the authorized car service center market are-

    • 3M Car Care
    • Automovill Technologies Pvt. Ltd.
    • Bayerische Motoren Werke AG
    • Carmozo
    • Carnation Auto
    • Carxpert Garage
    • Groupe Renault
    • Honda Motor Co. Ltd.
    • Lansdowne Automobile
    • The Toyota Motor Corporation.

    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

     

    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 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 services types by vehicle age 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)

    The authorized car service center market is expected to witness an impressive growth of 4.0% CAGR in the foreseeable future.

    3M Car Care, Automovill Technologies Pvt. Ltd., Bayerische Motoren Werke AG, Carmozo, Carnation Auto, Carxpert Garage, Groupe Renault, Honda Motor Co. Ltd., Lansdowne Automobile, and The Toyota Motor Corporation are among the key players in the authorized car services center market.

    North America is expected to remain dominant in the authorized car services center market during the forecast period of 2021-26.

    The car body service is estimated to be the dominating service type in the authorized car services center market in the coming years.

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