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Automotive Collision Repair Market

Global Automotive Collision Repair Market Share, Size, Growth, Report, Analysis, Forecast: By Product Type: Paints and Coatings, Consumables, Spare Parts, Others; By Vehicle Type: Heavy-duty Vehicle, Light-duty Vehicle; By Service Channel: DIY, OE, DIFM, Others; Regional Analysis; Market Dynamics: Competitive Landscape; 2024-2032

Global Automotive Collision Repair Market Outlook

The global automotive collision repair market size reached nearly USD 192.95 billion in 2023. The market is projected to grow at a CAGR of 2.20% between 2024 and 2032 to attain a value of around USD 234.70 billion by 2032.

 

Key Trends in the Market

Automotive collision repair refers to a process of restoring and repairing the damages inflicted on an automobile due to a collision. An automotive collision repair procedure is performed by skilled automotive technicians and can include different processes such as painting, replacing automotive body parts, or refinishing a component.

 

Global Automotive Collision Repair Market

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  • The growing ownership of passenger and commercial vehicles is driving the automotive collision repair market growth. Rapid urbanisation and increasing disposable income are also enabling the emerging middle-class population to spend more on vehicle maintenance.
  • Increasing prevalence of road accidents amid growing traffic congestion, especially in emerging economies, has been surging the demand for automotive collision repair services to reduce the risk of further damages.
  • Rapid emergence of the DIY sector, owing to the expanding knowledge base of car owners, and the growing accessibility to accessories such as paint sprayers, lightings, fillers, and sanding tools, among others, are some of the factors bolstering the growth of automotive collision repair market.
  • The impact of 3D printing technology on auto body repair has been significant in reducing pollution and landfill waste associated with damaged parts. Moreover, the development of innovative 3D printing materials that are compatible with automotive grade injection moulded plastics and can be welded directly on headlight and bumper bases is anticipated to aid the market in the forecast period.

 

Market Analysis

Based on product type, the market is segmented into paints and coatings, consumables, and spare parts, among others. On the basis of vehicle type, the market is classified into heavy-duty vehicle and light-duty vehicle. By service channel, the market is divided into DIY, OE, and DIFM, among others. The regional markets of automotive collision repair include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Automotive Collision Repair Market

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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global automotive collision repair market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

 

  • 3M Company
  • Denso Corporation.
  • Honeywell International Inc
  • Continental AG
  • Robert Bosch GmbH
  • Faurecia Group.
  • Automotive Technology Inc.
  • Caliber Holdings LLC
  • Others

Market Share by Product Type

The paints and coatings segment, based on product type, accounts for a healthy share of the automotive collision repair market. The emergence of protective coating technology, along with rising attempts to boost aesthetics of cars by owners, is generating considerable demand for high-quality paints and coatings.

 

In addition, automobiles are susceptible to rocks, debris, mud and low intensity collisions, which can cause scratches and abrasions and hamper their performance. This is increasing the demand for paints and coatings that can hide rust and scratches on vehicles and prevent their structural damage. Moreover, technological advancements in paints and coatings technology, such as the development of self-cleaning and smart paints, are expected to propel the segment growth in the coming years.

 

Market Share by Region

Europe is expected to be a fast-growing region in the automotive collision repair market, owing to the high vehicle ownership among the affluent population in countries like Germany and the UK. Rising demand for advanced safety features, induced by the growing awareness regarding road accidents, is further favouring the demand for automotive collision repair solutions.

 

Global Automotive Collision Repair Market

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Meanwhile, the Asia Pacific is expected to offer lucrative growth opportunities to the overall market for automotive collision repair in the forecast period, due to the strong foothold of OEMs across emerging economies such as India and China, rising population levels, and increasing numbers of cars on roads.

 

Competitive Landscape

3M Company is a multinational conglomerate operating in diverse industries such as healthcare, home care, and consumer goods, among others. It was founded in 1902 and is headquartered in Minnesota, the United States.

 

Denso Corporation. is a leading automotive manufacturer providing expertise related to various automotive products such as engines, climate control systems, and hybrid systems, among others. The company was established in 1949 and is headquartered in Aichi, Japan.

 

Honeywell International Inc is a publicly traded multinational conglomerate corporation founded in 1906 and headquartered in North Carolina, the United States. The company provides advanced engineered technologies catering to the demands of various end use sectors, such as performance materials and aerospace.

 

Other market players include Continental AG, Robert Bosch GmbH, Faurecia Group., Automotive Technology Inc., and Caliber Holdings LLC, among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Vehicle Type
  • Service Channel
  • Region
Breakup by Product Type
  • Paints and Coatings
  • Consumables
  • Spare Parts
  • Others
Breakup by Vehicle Type
  • Heavy-duty Vehicle
  • Light-duty Vehicle
Breakup by Service Channel
  • DIY
  • OE
  • DIFM
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • 3M Company
  • Denso Corporation.
  • Honeywell International Inc
  • Continental AG
  • Robert Bosch GmbH
  • Faurecia Group.
  • Automotive Technology Inc.
  • Caliber Holdings LLC
  • Others

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers    
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Automotive Collision Repair Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Automotive Collision Repair Historical Market (2018-2023) 
    8.3    Global Automotive Collision Repair Market Forecast (2024-2032)
    8.4    Global Automotive Collision Repair Market by Product Type
        8.4.1    Paints and Coatings
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Consumables
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Spare Parts
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Others
    8.5    Global Automotive Collision Repair Market by Vehicle Type
        8.5.1    Heavy-duty Vehicle
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Light-duty Vehicle
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Automotive Collision Repair Market by Service Channel
        8.6.1    DIY
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    OE
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    DIFM
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Others
    8.7    Global Automotive Collision Repair Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Automotive Collision Repair Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Automotive Collision Repair Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Automotive Collision Repair Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Automotive Collision Repair Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Automotive Collision Repair Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles 
        15.2.1    3M Company
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Denso Corporation.
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Honeywell International Inc
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Continental AG
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Robert Bosch GmbH
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Faurecia Group.
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Automotive Technology Inc.
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Caliber Holdings LLC
            15.2.8.1    Company Overview
            15.2.8.2    Product Portfolio
            15.2.8.3    Demographic Reach and Achievements
            15.2.8.4    Certifications
        15.2.9    Others
16    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Automotive Collision Repair Market: Key Industry Highlights, 2018 and 2032
2.    Global Automotive Collision Repair Historical Market: Breakup by Product Type (USD Billion), 2018-2023
3.    Global Automotive Collision Repair Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
4.    Global Automotive Collision Repair Historical Market: Breakup by Material Type (USD Billion), 2018-2023
5.    Global Automotive Collision Repair Market Forecast: Breakup by Material Type (USD Billion), 2024-2032
6.    Global Automotive Collision Repair Historical Market: Breakup by Service Channel (USD Billion), 2018-2023
7.    Global Automotive Collision Repair Market Forecast: Breakup by Service Channel (USD Billion), 2024-2032
8.    Global Automotive Collision Repair Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Automotive Collision Repair Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.    North America Automotive Collision Repair Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America Automotive Collision Repair Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Europe Automotive Collision Repair Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe Automotive Collision Repair Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Asia Pacific Automotive Collision Repair Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific Automotive Collision Repair Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Latin America Automotive Collision Repair Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America Automotive Collision Repair Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Middle East and Africa Automotive Collision Repair Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa Automotive Collision Repair Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Global Automotive Collision Repair Market Structure

Key Questions Answered in the Report

The market reached a value of nearly USD 192.95 billion in 2023.

The market is estimated to grow at a CAGR of 2.20% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 234.70 billion by 2032.

The growing adoption of passenger and commercial vehicles, rapid urbanisation and increasing disposable incomes, and the increasing spending on vehicle maintenance are the major drivers of the market.

The key trends in the market include the emergence of 3D printing technology, the increasing prevalence of road accidents, the growing interest in DIY auto repair due to the rising accessibility to automotive components, spare parts, and paint sprayers.

Paints and coatings, consumables, and spare parts, among others, are the different product types in the market.

Heavy-duty vehicle and light-duty vehicle are the major vehicle types included in the market report.

Auto repair aims at fixing the internal components of a vehicle such as engine and carbonator while auto body fixers aim at improving the condition of frames, and windows, among other external automotive components.

During an automotive collision, two automobiles hit each other with force, leading to low or high intensity internal and external damage to both vehicles.

3M Company, Denso Corporation., Honeywell International Inc, Continental AG, Robert Bosch GmbH, Faurecia Group., Automotive Technology Inc., and Caliber Holdings LLC, among others, are the key automotive collision repair market players, according to the report.

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