Code: MTA5246 | Publication Date: Jul 2025 |
How big is the automotive repair and maintenance market?
According to ÂÌñÉç internal database and industry insights,Ìýthe automotive repair and maintenance market was valued at approximately USD 693.4 billion in 2024 and is projected to reach USD 945.1 billion by 2031, growing at a CAGR of 4.5% during the forecast period.
The market growth is driven by the increasing average age of vehicles, rising vehicle ownership, greater need for periodic servicing, and expanding networks of repair garages and authorized service centers. Technological complexity in modern vehicles also contributes to growing reliance on professional maintenance services.
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Key Growth Factors of the Automotive Repair and Maintenance Market
Growing vehicle parc and aging vehicle population
Increasing complexity of automotive systems requiring specialized services
Expansion of multi-brand service centers and dealership service networks
Growth in demand for preventative maintenance and predictive diagnostics
Rise in miles driven and frequent wear-and-tear part replacements
Integration of digital tools for appointment booking and service tracking
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Automotive Repair and Maintenance Market Trends
The market is witnessing digitization through online service booking, remote diagnostics, and connected vehicle platforms that alert users to maintenance needs. Subscription-based service packages and fleet maintenance programs are gaining traction. Additionally, demand for quick-service formats and mobile mechanics is increasing, especially in urban regions. EV-specific repair services are also emerging as a key segment.
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Emerging Developments in the Automotive Repair and Maintenance Market
Innovations include AI-powered diagnostics, augmented reality-assisted repairs, and blockchain-based service history tracking. Companies are adopting predictive maintenance software that uses telematics to alert users and garages ahead of potential failures. Mobile service vans and on-demand servicing apps are becoming popular, especially in fleet and ridesharing vehicle segments.
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Major Companies in the Automotive Repair and Maintenance Market
Bosch Car Service
Midas Inc.
Jiffy Lube International Inc.
Goodyear Auto Service Centers
Driven Brands Inc.
Firestone Complete Auto Care
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