Press release
Authorized Car Service Center Market 2025| 3M, Automovill Technologies Pvt. Ltd, BMW, Carmozo, Carnation, Carxpert Garage, Carz Care, Castrol, Groupe Renault, Honda Motor Co. Ltd., Hyundai Motor Company, Lansdowne Automobile
Authorized Car Service Center Market
Considered as one of the most prominent verticals of the automobile sector, the authorized car service center market is expected to see lucrative growth over the coming years. Increase in passenger vehicles sales has favored the demand for authorized service centers. Strict government regulation regarding emissions has forced car owners to focus more on vehicle maintenance. Moreover, the prefoliation of technologically advanced vehicles has accelerated the need for high-tech car service facilities.
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Vehicles aged over three years usually require regular maintenance for proper operation and compliance with regulatory norms. Preventive maintenance helps car owners to preserve their vehicle’s resale value as well as help avoid sudden failures. With growing awareness pertaining to regular car maintenance, authorized OEM service station and independent garages could accrue considerable growth. Moreover, increasing occurrence of frequent repairs for dents and scratches could compliment the car body services segment.
OEM automakers also seen offering complete vehicle packages at completive prices to differentiate their services. Manufacturers are initiating strategic partnerships to be at the forefront of the industry. For instance, in 2018, Toyota Motor Corporation inked a deal with Grab to offer ride-hailing fleet maintenance. The automaker would offer complete maintenance packages and provision of light-warranty void for its cars.
The Asia Pacific authorized car service center market is projected to grow immensely owing to the increasing vehicle sales in countries like China, India and Australia. The region’s thriving automobile industry could fuel the demand for car maintenance and repair station. According to the Australian Automotive Aftermarket Association (AAAA), in 2017, the nation had the maximum car ownerships, with an estimate 764 cars per 1,000 people. Increase in traffic density and congestion may also lead to wear and tear of vehicles, thereby fueling increased requirement for regular vehicular maintenance for proper functioning in APAC.
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Some Point from Table of Contents:
Chapter 4 Authorized Car Service Center Market, By Autobody Shop
4.1 Key trends, by autobody shop
4.2 OEM authorized workshops
4.2.1 Market estimates and forecast, 2014 – 2025
4.3 Organized multi-brand service providers
4.3.1 Market estimates and forecast, 2014 – 2025
Chapter 5 Authorized Car Service Center Market, By Services
5.1 Key trends, by services
5.2 Engine
5.2.1 Market estimates and forecast, 2014 – 2025
5.3 Transmission
5.3.1 Market estimates and forecast, 2014 – 2025
5.4 Brakes
5.4.1 Market estimates and forecast, 2014 – 2025
5.5 Suspension
5.5.1 Market estimates and forecast, 2014 – 2025
5.6 Electrical
5.6.1 Market estimates and forecast, 2014 – 2025
5.7 Body
5.7.1 Market estimates and forecast, 2014 – 2025
5.8 Tires
5.8.1 Market estimates and forecast, 2014 – 2025
5.9 Belts & accessories
5.9.1 Market estimates and forecast, 2014 – 2025
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