Automotive Collision Repair Market- Global Industry Analysis and Forecast (2023-2029)


Automotive Collision Repair Market size is expected to reach nearly US$ 198.89 Bn by 2029 with the CAGR of 2.1% during the forecast period.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.Automotive Collision Repair MarketTo know about the Research Methodology :- Request Free Sample Report

Automotive Collision Repair Market Dynamics:

Presence of various automobile repair centers focusing on efficiency and productivity along with the introduction of new materials such as UV paint and carbon aluminium is likely to boost auto collision repair service demand. Many auto restoration shops operate through their own efficient distribution channel and are engaged in distributing branded auto parts and materials, favoring automotive collision repair market size from 2023 to 2029.

Increasing demand to enhance service quality and profitability in various workshops will drive automotive collision repair market share. Moreover, rising disposable income in various emerging economies such as India, China, Brazil, Mexico, etc. are stimulating the industry growth over the projected time span for the automotive collision market.

Global automotive collision repair market is segmented based on product, vehicle, end-use, auto body shops, and geography. By product segment, the market is segmented into paints & coatings, adhesives & sealants, abrasives, finishing compounds. By auto body shop, the market is segmented as dealer owned shops and independent repair shops. Dealer owned shops are the major segment where the automotive collision repair is highly demanded and thus, it is expected to hold major market share in the forecast period. This can be attributed to increasing dealership network and certified expert technicians’ availability. Quality of products coupled with warranty services are the major drivers contributing to the automotive collision repair market share globally.

Rising technical complications of new vehicles support the expertise and investments that are required for handling the repairs, thereby enhancing the reach of dealer-owned shops businesses.

Automotive Collision Repair Market Regional Analysis:

Geographically, the automotive collision repair market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia-Pacific is expected to be the largest market for Automotive Collision Repair during the forecast period. Infrastructure development in across various countries and increasing accidental rate due to a rising number of vehicles running on-road have instigated the demand for additional organized automobile body shops in the region. The increasing demand for vehicles and an emphasis on personal mobility will have a positive impact on the industry growth rate.

Product enhancement, after sales service, and new product development are the major strategies implemented by these players. The industry is undergoing consolidation to increase the market share of the company. For instance, in January 2017, 3M announced the launch of an advanced line of pneumatic tools for grinding and cutting. The tools feature a smooth composite body and exclusive quality designed for increased performance with the 3M Cubitron II line of grinding and cutting abrasives.

Automotive Collision Repair Market Key Highlights:

• Global Automotive Collision Repair Market analysis and forecast, in terms of value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Automotive Collision Repair Market

• Global Automotive Collision Repair Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

• Global Automotive Collision Repair Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

• Global Automotive Collision Repair Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Automotive Collision Repair Market are also profiled.

Automotive Collision Repair Market Report Scope: Inquire before buying






Automotive Collision Repair Market




Report Coverage
Details




Base Year:
2022
Forecast Period:
2023-2029




Historical Data:
2017 to 2022
Market Size in 2022:
US $ 171.96 Bn.




Forecast Period 2023 to 2029 CAGR:
2.1%
Market Size in 2029:
US $ 198.89 Bn.




 Segments Covered:
by Product
• Paints & Coatings
• Adhesives & Sealants
• Abrasives
• Finishing Compounds




by Vehicle
• PCV
• LCV
• HCV
• Two Wheelers




by Auto Body Shops
• Dealer Owned Shops
• Independent Repair Shops




by End-User
• New OEM
• Aftermarket
• Recycled
• Remanufactured






Automotive Collision Repair Market, by Region

• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)

Automotive Collision Repair Market, Key Players are:

• 3M
• ZF Friedrichshafen AG
• Honeywell International Inc.
• Federal-Mogul Holdings Corporation
• Denso Corporation
• Continental Corporation
• Bosch
• Faurecia
• Magna
• Valeo
• PPG Industries
• Hyundai Mobis,
• Axalta
• Aisin Seiki
• BASF
• Faurecia
• Nippon Paint
• Akzonobel
• Plastic Omnium
• DuPon
• HBPO
• Kansai,

Frequently Asked Questions:

1. Which region has the largest share in Global Automotive Collision Repair Market?
Ans: Asia Pacific region held the highest share in 2022.

2. What is the growth rate of Global Automotive Collision Repair Market?
Ans: The Global Automotive Collision Repair Market is growing at a CAGR of 2.1% during forecasting period 2023-2029.

3. What is scope of the Global Automotive Collision Repair Market report?
Ans: Global Automotive Collision Repair Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Automotive Collision Repair Market?
Ans: The important key players in the Global Automotive Collision Repair Market are – 3M, ZF Friedrichshafen AG, Honeywell International Inc., Federal-Mogul Holdings Corporation, Denso Corporation, Continental Corporation, Bosch, Faurecia, Magna, Valeo, PPG Industries, Hyundai Mobis,, Axalta, Aisin Seiki, BASF, Faurecia, Nippon Paint, Akzonobel, Plastic Omnium, DuPon, HBPO, Kansai, and

5. What is the study period of this Market?
Ans: The Global Automotive Collision Repair Market is studied from 2022 to 2029. 





Automotive Collision Repair Market

1. INTRODUCTION
1.1. Automotive Collision Repair Market description & Scope (2023 – 2029 )
1.2. Automotive Collision Repair Market, Objectives
1.2.1. Automotive Collision Repair Market, Key Takeaways
1.2.2. Automotive Collision Repair Market, Abbreviations & Acronyms

2. RESEARCH METHODOLOGY
2.1. Automotive Collision Repair Market, Methods used for market forecasting
2.2. Automotive Collision Repair Market, Data Sources
2.2.1. Automotive Collision Repair Market, Paid Databases
2.2.2. Automotive Collision Repair Market, Primary Sources
2.2.3. Automotive Collision Repair Market, Secondary Sources

3. EXECUTIVE SUMMARY
3.1. Automotive Collision Repair Market, Major Findings
3.1.1. Automotive Collision Repair Market, Key Segment Trends
3.1.1.1. Product
3.1.1.2. Vehicle
3.1.1.3. End-Use
3.1.1.4. Auto Body Shops
3.1.2. Automotive Collision Repair Market, Key Regional Trends
3.2. Automotive Collision Repair Market, Key Companies and their Strategies

4. AUTOMOTIVE COLLISION REPAIR MARKET OVERVIEW
4.1. Automotive Collision Repair Concept & Definition
4.2. Automotive Collision Repair Market, Segments Overview
4.2.1. Automotive Collision Repair Market, By Product
4.2.1.1. Paints & Coatings
4.2.1.2. Adhesives & Sealants
4.2.1.3. Abrasives
4.2.1.4. Finishing Compounds
4.2.2. Automotive Collision Repair, By Vehicle
4.2.2.1. PCV
4.2.2.2. LCV
4.2.2.3. HCV
4.2.2.4. Two Wheelers
4.2.3. Automotive Collision Repair, By End-Use
4.2.3.1. New OEM
4.2.3.2. Aftermarket
4.2.3.3. Recycled
4.2.3.4. Remanufactured
4.2.4. Automotive Collision Repair Market, By Auto Body Shops
4.2.4.1. Dealer Owned Shops
4.2.4.2. Independent Repair Shops
4.3. Automotive Collision Repair, Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Automotive Collision Repair, Porter’s Analysis
4.5. Automotive Collision Repair Market, PESTLE Analysis
4.6. Automotive Collision Repair, Fragmentation
4.6.1. Automotive Collision Repair Market, Key strategic Alliances of companies (inorganic & organic)
4.6.2. Automotive Collision Repair Market, Company Market Share (Top 10 Players)
4.6.3. Automotive Collision Repair Market, Comparative Analysis of Key players in IoT Automotive
4.7. Automotive Collision Repair Market, Key Trends
4.8. Automotive Collision Repair Market Industry Trends<
5. AUTOMOTIVE COLLISION REPAIR MARKET PRODUCT ESTIMATES & TREND ANALYSIS (2023 – 2029 )
5.1. Automotive Collision Repair Market: Product Analysis
5.1.1. Paints & Coatings
5.1.1.1. Market Share and growth forecasts, 2023 – 2029  (USD Billion)
5.1.2. Adhesives & Sealants
5.1.2.1. Market Share and growth forecasts, 2023 – 2029  (USD Billion)
5.1.3. Abrasives
5.1.3.1. Market Share and growth forecasts, 2023 – 2029  (USD Billion)
5.1.4. Finishing Compounds
5.1.4.1. Market Share and growth forecasts, 2023 – 2029  (USD Billion)
5.2. Automotive Collision Repair Market: Product Trends
6. AUTOMOTIVE COLLISION REPAIR VEHICLE ESTIMATES & TREND ANALYSIS (2023 – 2029 )
6.1. Automotive Collision Repair Market: Vehicle Analysis
6.1.1. PCV
6.1.1.1. Market Share and growth forecasts,2023 – 2029  (USD Billion)
6.1.2. LCV
6.1.2.1. Market Share and growth forecasts,2023 – 2029  (USD Billion)
6.1.3. HCV
6.1.3.1. Market Share and growth forecasts,2023 – 2029  (USD Billion)
6.1.4. Two Wheelers
6.1.4.1. Market Share and growth forecasts,2023 – 2029  (USD Billion)
6.2. Automotive Collision Repair Market: Vehicle Trends
7. AUTOMOTIVE COLLISION REPAIR END-USE ESTIMATES & TREND ANALYSIS (2023 – 2029 )
7.1. Automotive Collision Repair Market: End-Use Analysis
7.1.1. New OEM
7.1.1.1. Market Share and growth forecasts,2023 – 2029  (USD Billion)
7.1.2. Aftermarket
7.1.2.1. Market Share and growth forecasts,2023 – 2029  (USD Billion)
7.1.3. Recycled
7.1.3.1. Market Share and growth forecasts,2023 – 2029  (USD Billion)
7.1.4. Remanufactured
7.1.4.1. Market Share and growth forecasts,2023 – 2029  (USD Billion)
7.2. Automotive Collision Repair Market: End-Use Trends
8. AUTOMOTIVE COLLISION REPAIR AUTO BODY SHOPS ESTIMATES & TREND ANALYSIS (2023 – 2029 )
8.1. Automotive Collision Repair Market: Auto Body Shops Analysis
8.1.1. Dealer Owned Shops
8.1.1.1. Market Share and growth forecasts,2023 – 2029  (USD Billion)
8.1.2. Independent Repair Shops
8.1.2.1. Market Share and growth forecasts,2023 – 2029  (USD Billion)
8.2. Automotive Collision Repair Market: Auto Body Shops Trends
9. REGIONAL ESTIMATES & TREND ANALYSIS (2023 – 2029 )
9.1. North America Automotive Collision Repair market share by Region, 2021 & 2029
9.2. North America
9.2.1. North America Automotive Collision Repair market, Market Share and growth forecasts, 2023 – 2029  (USD Billion)
9.2.2. Automotive Collision Repair Drivers for North America Market
9.2.3. Automotive Collision Repair, Market Share Analysis and Growth Forecast, by Country
9.2.3.1. US
9.2.3.2. Canada
9.2.4. Automotive Collision Repair, Country-wise GDP Growth Forecast
9.2.5. Automotive Collision Repair Trends in North America Market
9.3. Europe
9.3.1. Europe Automotive Collision Repair market, Market Share and growth forecasts, 2023 – 2029  (USD Billion)
9.3.2. Automotive Collision Repair Drivers for Europe Market
9.3.3. Automotive Collision Repair, Market Share Analysis and Growth Forecast, by Country
9.3.3.1. UK
9.3.3.2. Germany
9.3.3.3. France
9.3.3.4. Russia
9.3.3.5. Spain
9.3.3.6. Italy
9.3.3.7. Others
9.3.4. Automotive Collision Repair, Country-wise GDP Growth Forecast
9.3.5. Automotive Collision Repair Trends in Europe Market
9.4. Asia Pacific
9.4.1. Asia Pacific Automotive Collision Repair market, Market Share and growth forecasts, 2023 – 2029  (USD Billion)
9.4.2. Automotive Collision Repair Drivers for Asia Pacific Market
9.4.3. Automotive Collision Repair, Market Share Analysis and Growth Forecast, by Country
9.4.3.1. China
9.4.3.2. Japan
9.4.3.3. India
9.4.3.4. South Korea
9.4.3.5. Australia
9.4.3.6. Others
9.4.4. Automotive Collision Repair, Country-wise GDP Growth Forecast
9.4.5. Automotive Collision Repair Trends in Asia Pacific Market
9.5. Middle-east and Africa
9.5.1. Middle-east and Africa Automotive Collision Repair market, Market Share and growth forecasts, 2023 – 2029  (USD Billion)
9.5.2. Automotive Collision Repair Drivers for Middle-east and Africa Market
9.5.3. Automotive Collision Repair, Market Share Analysis and Growth Forecast, by Country
9.5.3.1. GCC Countries
9.5.3.2. Saudi Arabia
9.5.3.3. Others
9.5.4. Automotive Collision Repair Trends in Middle-east and Africa Market
9.6. Latin America
9.6.1. Latin America Automotive Collision Repair market, Market Share and growth forecasts, 2023 – 2029  (USD Billion)
9.6.2. Automotive Collision Repair Drivers for Latin America Market
9.6.3. Automotive Collision Repair, Market Share Analysis and Growth Forecast, by Country
9.6.3.1. Brazil
9.6.3.2. Mexico
9.6.3.3. Others
9.6.4. Automotive Collision Repair Trends in Latin America Market
10. MARKET COMPETITION ANALYSIS
10.1. Automotive Collision Repair, Strategy Framework
10.2. Automotive Collision Repair, Consolidation
10.2.1. Automotive Collision Repair, Patent Analysis
10.2.2. Automotive Collision Repair, Mergers & Acquisitions
10.2.2.1. Region Based
10.2.2.2. List of Mergers & Acquisitions
10.2.3. Automotive Collision Repair, Company Benchmarking (Revenue & Profit Based)
10.2.4. Automotive Collision Repair, Strategic Assessment of Company Consolidations
10.2.5. Automotive Collision Repair, Emerging Business Models
10.3. Automotive Collision Repair, Company Profiles
10.3.1. 3M
10.3.1.1. Company overview
10.3.1.2. Key financials
10.3.1.3. Geographical presence
10.3.1.4. Product and Business Segments
10.3.1.5. Strategic initiatives
10.3.1.6. SWOT analysis
10.3.1.7. Competitive positioning and landscape
10.3.2. ZF Friedrichshafen AG
10.3.2.1. Company overview
10.3.2.2. Key financials
10.3.2.3. Geographical presence
10.3.2.4. Product and Business Segments
10.3.2.5. Strategic initiatives
10.3.2.6. SWOT analysis
10.3.2.7. Competitive positioning and landscape
10.3.3. Honeywell International Inc.
10.3.3.1. Company overview
10.3.3.2. Key financials
10.3.3.3. Geographical presence
10.3.3.4. Product and Business Segments
10.3.3.5. Strategic initiatives
10.3.3.6. SWOT analysis
10.3.3.7. Competitive positioning and landscape
10.3.4. Federal-Mogul Holdings Corporation
10.3.4.1. Company overview
10.3.4.2. Key financials
10.3.4.3. Geographical presence
10.3.4.4. Product and Business Segments
10.3.4.5. Strategic initiatives
10.3.4.6. SWOT analysis
10.3.4.7. Competitive positioning and landscape
10.3.5. Denso Corporation
10.3.5.1. Company overview
10.3.5.2. Key financials
10.3.5.3. Geographical presence
10.3.5.4. Product and Business Segments
10.3.5.5. Strategic initiatives
10.3.5.6. SWOT analysis
10.3.5.7. Competitive positioning and landscape
10.3.6. Continental Corporation
10.3.6.1. Company overview
10.3.6.2. Key financials
10.3.6.3. Geographical presence
10.3.6.4. Product and Business Segments
10.3.6.5. Strategic initiatives
10.3.6.6. SWOT analysis
10.3.6.7. Competitive positioning and landscape
10.3.7. Bosch
10.3.7.1. Company overview
10.3.7.2. Key financials
10.3.7.3. Geographical presence
10.3.7.4. Product and Business Segments
10.3.7.5. Strategic initiatives
10.3.7.6. SWOT analysis
10.3.7.7. Competitive positioning and landscape
10.3.8. Faurecia
10.3.8.1. Company overview
10.3.8.2. Key financials
10.3.8.3. Geographical presence
10.3.8.4. Product and Business Segments
10.3.8.5. Strategic initiatives
10.3.8.6. SWOT analysis
10.3.8.7. Competitive positioning and landscape
10.3.9. Magna
10.3.10. Valeo
10.3.11. PPG Industries
10.3.12. Hyundai Mobis,
10.3.13. Axalta
10.3.14. Aisin Seiki
10.3.15. BASF
10.3.16. Faurecia
10.3.17. Nippon Paint
10.3.18. Akzonobel
10.3.19. Plastic Omnium
10.3.20. DuPon
10.3.21. HBPO
10.3.22. Kansai,
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