Automotive Collision Repair Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product, By Vehicle Type By Service Channel, By Region Forecast 2019-2030
Automotive Collision Repair Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product, By Vehicle Type By Service Channel, By Region Forecast 2019-2030
Automotive Collision Repair Market size was valued at US$ 167,282.1 million in 2023 and growing at a CAGR of 2.8%. The market involves realigning the light-duty and heavy-duty cargo vehicles' panelling and structure. Using a variety of techniques, the damaged pieces are replaced or, if the damage is minor, it is removed. Spare components, paints and varnishes, and other refinishing tools are only a few of the materials that are used during the repair process. Increase in vehicle accidents, advancement in repair technology, rising vehicle ownership, and insurance coverage are some the key factors fuelling the market growth.
For instance, ADAS features are expected to be standard in approximately 60% of new vehicles globally, with projections indicating this number will rise to 80% by 2025 Specialized approaches are needed for the calibration and repair of vehicles equipped with ADAS. However, high repair costs, complexity of modern vehicles, lack of skilled technicians, and regulatory challenges are the limiting factors of the industry.
Furthermore, the growing market developing presents opportunities for expansion and new service offerings, technological integration, partnership and collaborations, and sustainability trends are opportunities for the automotive collision repair industry. In addition, the rise of advanced materials, digitalization, increased focus on customer experience, and growth of mobile repair services are the market trends for the automotive collision repair industry.
Study Period
2024 - 2030Base Year
2023CAGR
2.8%Largest Market
Asia PacificFastest Growing Market
Asia pacific
A complex interaction of elements influences the automotive collision repair market. Factors like the rise in auto accidents, the rise in vehicle ownership, and improvements in repair technology are driving the market's expansion. The need is further increased by the advanced driver assistance systems (ADAS) in contemporary cars, which necessitates specialist maintenance methods and recalibration. To make sure these systems integrate properly after a collision, accurate recalibration, and diagnostic processes are required. As a result, specialist equipment and training have been created, allowing repair businesses to handle this cutting-edge technology more precisely. Concurrently, more precise damage assessments and shorter repair periods are provided by enhanced repair methods including computerized estimating systems and 3D laser scanning, which simplify the repair process. Utilizing cutting-edge materials like aluminium and high-strength steel necessitates the development of new tools and repair techniques, which enhances the effectiveness and quality of repairs.
Based on regions, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.
Asia Pacific is the dominant region in the automotive collision repair market due to the region's higher pace of technological adoption than other geographic areas, hybrid electric car adoption will occur there more quickly. This trend is expected to result in an increase in the number of specialized automobile accident repair facilities in the area that are focused on maintaining a specific make of car, including alternative fuel-powered vehicles. The prevalence of car crashes on crowded roads and the growing availability of inexpensive replacement parts in nations like China and India
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024 - 2030 |
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Market Size in 2023 |
US$ 167,282.1 million |
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Market CAGR |
2.8% |
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By Product Type |
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By Vehicle Type |
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By Service Channel |
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The automotive collision repair market is valued at US$ 167,282.1 million in 2023 and growing at a CAGR of 2.8%.
One significant barrier is the high expense of repairs, which might discourage clients from using professional services because it involves costly labor and parts. Modern cars are more complicated than ever before, with high-strength materials and advanced systems like ADAS, which drive up costs and complicate repair procedures.
Asia Pacific is the dominant region in the automotive collision repair market
The growing ubiquity of sophisticated automotive technology, such as sophisticated electronic components and autonomous driving systems, poses a serious risk since they can make maintenance more difficult and raise the possibility of mistakes being made. Economic downturns can also pose a danger to the market since consumers may choose to decline more extensive repairs or reduce their expenditures on repairs.
The Automotive Collision Repair Market is segmented based on product, vehicle type, service Channel, and region
| 1. Executive Summary |
| 2. Global Automotive Collision Repair Market Introduction |
| 2.1.Global Automotive Collision Repair Market - Taxonomy |
| 2.2.Global Automotive Collision Repair Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2.Vehicle Type |
| 2.2.3.Service Channel |
| 2.2.4.Region |
| 3. Global Automotive Collision Repair Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Global Automotive Collision Repair Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Automotive Collision Repair Market By Product Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Crash parts |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Paints & Coatings |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Adhesives & Sealants |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Abrasives |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Finishing Compound |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Others |
| 5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 6. Global Automotive Collision Repair Market By Vehicle Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Passenger Cars |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. HCV & LCV |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Motorcycles |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7. Global Automotive Collision Repair Market By Service Channel , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. OEM |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Aftermarket |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Others |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 8. Global Automotive Collision Repair Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9. North America Automotive Collision Repair Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Crash parts |
| 9.1.2.Paints & Coatings |
| 9.1.3.Adhesives & Sealants |
| 9.1.4.Abrasives |
| 9.1.5.Finishing Compound |
| 9.1.6.Others |
| 9.2. Vehicle Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Passenger Cars |
| 9.2.2.HCV & LCV |
| 9.2.3.Motorcycles |
| 9.3. Service Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.OEM |
| 9.3.2.Aftermarket |
| 9.3.3.Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10. Europe Automotive Collision Repair Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Crash parts |
| 10.1.2.Paints & Coatings |
| 10.1.3.Adhesives & Sealants |
| 10.1.4.Abrasives |
| 10.1.5.Finishing Compound |
| 10.1.6.Others |
| 10.2. Vehicle Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Passenger Cars |
| 10.2.2.HCV & LCV |
| 10.2.3.Motorcycles |
| 10.3. Service Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.OEM |
| 10.3.2.Aftermarket |
| 10.3.3.Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11. Asia Pacific (APAC) Automotive Collision Repair Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Crash parts |
| 11.1.2.Paints & Coatings |
| 11.1.3.Adhesives & Sealants |
| 11.1.4.Abrasives |
| 11.1.5.Finishing Compound |
| 11.1.6.Others |
| 11.2. Vehicle Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Passenger Cars |
| 11.2.2.HCV & LCV |
| 11.2.3.Motorcycles |
| 11.3. Service Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.OEM |
| 11.3.2.Aftermarket |
| 11.3.3.Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12. Middle East and Africa (MEA) Automotive Collision Repair Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Crash parts |
| 12.1.2.Paints & Coatings |
| 12.1.3.Adhesives & Sealants |
| 12.1.4.Abrasives |
| 12.1.5.Finishing Compound |
| 12.1.6.Others |
| 12.2. Vehicle Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Passenger Cars |
| 12.2.2.HCV & LCV |
| 12.2.3.Motorcycles |
| 12.3. Service Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.OEM |
| 12.3.2.Aftermarket |
| 12.3.3.Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13. Latin America Automotive Collision Repair Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Crash parts |
| 13.1.2.Paints & Coatings |
| 13.1.3.Adhesives & Sealants |
| 13.1.4.Abrasives |
| 13.1.5.Finishing Compound |
| 13.1.6.Others |
| 13.2. Vehicle Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Passenger Cars |
| 13.2.2.HCV & LCV |
| 13.2.3.Motorcycles |
| 13.3. Service Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.OEM |
| 13.3.2.Aftermarket |
| 13.3.3.Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Akzo Nobel N.V. (Netherlands) |
| 14.2.2.Axalta Coating Systems (US) |
| 14.2.3.BASF SE (Germany) |
| 14.2.4.Continental AG (Germany) |
| 14.2.5.Denso Corporation (Japan) |
| 14.2.6.DuPont de Nemours, Inc. (US) |
| 14.2.7.Faurecia SA (France) |
| 14.2.8.Henkel AG & Co. KGaA (Germany) |
| 14.2.9.Honeywell International Inc. (US) |
| 14.2.10.Johnson Controls International plc (Ireland) |
| 14.2.11.Magna International Inc. (Canada) |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
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