AUTOMOTIVE & TRANSPORTATION
Global Automotive Collision Repair Market - Industry Trends and Forecast to 2032
REPORT OVERVIEW
Global Automotive Collision Repair Market, By Product Type (Paints & coatings, Consumables, Spare parts, and Others), Vehicle Type (Light-duty Vehicle and Heavy-duty Vehicle), Service Channel (DIY, DIFM, OE, and Others), End-User (New OEM, Aftermarket, and Recycled and Remanufactured), Auto Body Shops (Dealer Owned Shops and Independent Repair Shops), Region (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2032.
Market Insights
The global automotive collision repair market size is valued to be USD xx million in 2023 and is expected to reach USD xx million by 2032, and it is expected to register a CAGR of xx% over the forecast period 2024-2032.
Automotive collision repair refers to the industry and services involved in repairing vehicles that have been damaged due to collisions or accidents. This market encompasses various businesses and professionals, including auto body shops, mechanics, technicians, and parts suppliers, among others. Services provided may include repairing body damage, replacing damaged parts, repainting, and restoring vehicles to their pre-accident condition.
The respective global report analyses market trends, consumer behaviour and industry dynamics to guide towards entry into new markets with ease. Also, it assists in tailoring market specific and related products and services to meet the needs, preferences, and expectations of target audience by delving into their psychology. The report also specializes with comprehensive and extensive competitive analysis which offers useful insights into competitor strengths, weaknesses, opportunities, and threats. The respective report offers exclusive insights into the potential impact of disruptive developments and technologies that are expected to completely transform corporate operations. The context includes tailor-made research solutions to create a stronger footprint in their particular industries thereby offering dedicated customized solutions according to the client needs which helps in addressing unique business challenges with more simplified and efficient decision-making solutions.
Market Dynamics
DRIVERS
- Advanced Driver Assistance Systems (ADAS) integration
- Electric and autonomous vehicles
RESTRAINTS
- Complex vehicle designs
- Insurance industry dynamics
OPPORTUNITIES
- Specialized training and certification programs
- Expanded service offerings
CHALLENGES
- Shortage of skilled labour
- Rising repair costs
SEGMENTATION
- Product Type
- Paints & coatings
- Consumables
- Spare parts
- Others
- Vehicle Type
- Light-duty Vehicle
- Heavy-duty Vehicle
- Service Channel
- DIY
- DIFM
- OE
- Others
- End-User
- New OEM
- Aftermarket
- Recycled and Remanufactured
- Auto Body Shops
- Dealer Owned Shops
- Independent Repair Shops
The respective global report is completely customizable specific to regions (North America, Europe, Asia-Pacific, South America, Middle East and Africa), countries, segments, and key players as per the client requirements.
REGIONAL SEGMENTATION
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- The Netherlands
- Belgium
- Turkey
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Singapore
- Malaysia
- Australia
- Thailand
- Philippines
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Chile
- Colombia
- Rest of South America
- Middle East and Africa
- Kingdom of Saudi Arabia
- South Africa
- U.A.E.
- Egypt
- Rest of Middle East and Africa
KEY MARKET PLAYERS
- 3M Company
- Automotive Technology Products LLC
- Continental AG
- Denso Corporation
- Faurecia
- Federal-Mogul LLC
- Honeywell International, Inc.
- International Automotive Components Group
- Mann+Hummel Group
- Magna International Inc.
Table OF CONTENTS
- SECTION 1 - INTRODUCTION
- 1.1 Taxonomy
- 1.2 Market Overview
- 1.3 Currency and Limitations
- 1.3.1 Currency
- 1.3.2 Limitations
- 1.4 Key Competitors
- SECTION 2 - RESEARCH METHODOLOGY
- 2.1 Research Approach
- 2.2 Data Collection and Validation
- 2.2.1 Secondary Research
- 2.2.2 Primary Research
- 2.3 Market Assessment
- 2.3.1 Market Size Estimation
- 2.3.2 Bottom-up Approach
- 2.3.3 Top-down Approach
- 2.3.4 Growth Forecast
- 2.4 Market Study Assumptions
- 2.5 Data Sources
- SECTION 3 - EXECUTIVE SUMMARY
- 3.1 Global Automotive Collision Repair Market, by Product Type
- 3.2 Global Automotive Collision Repair Market, by Vehicle Type
- 3.3 Global Automotive Collision Repair Market, by Service Channel
- 3.4 Global Automotive Collision Repair Market, by End-User
- 3.5 Global Automotive Collision Repair Market, by Auto Body Shops
- 3.6 Global Automotive Collision Repair Market, by Geography
- 3.7 Market Position Grid
- SECTION 4 - PREMIUM INSIGHTS
- 4.1 Regulatory Framework
- 4.1.1 Standards
- 4.1.2 Regulatory Landscape
- 4.2 Value Chain Analysis
- 4.3 Supply Chain Analysis
- 4.4 COVID-19 Impact
- 4.5 Russia-Ukraine War Impact
- 4.6 PORTER's Five Force Analysis
- 4.7 PESTLE Analysis
- 4.8 SWOT Analysis
- 4.9 Go to Market Strategy
- 4.10 Opportunity Orbit
- 4.11 Multivariate Modelling
- 4.12 Pricing Analysis
- SECTION 5 - MARKET DYNAMICS
- 5.1 Trends
- 5.1.1 Rise of electric and autonomous vehicles
- 5.1.2 Increased adoption of advanced materials
- 5.1.3 Trend 3
- 5.2 Drivers
- 5.2.1 Advanced Driver Assistance Systems (ADAS) integration
- 5.2.2 Electric and autonomous vehicles
- 5.2.3 Driver 3
- 5.2.4 Driver 4
- 5.3 Restraints
- 5.3.1 Complex vehicle designs
- 5.3.2 Insurance industry dynamics
- 5.3.3 Restraint 3
- 5.4 Opportunities
- 5.4.1 Specialized training and certification programs
- 5.4.2 Expanded service offerings
- 5.4.3 Opportunity 3
- 5.4.4 Opportunity 4
- 5.5 Challenges
- 5.5.1 Shortage of skilled labour
- 5.5.2 Rising repair costs
- 5.5.3 Challenge 3
- SECTION 6 - GLOBAL AUTOMOTIVE COLLISION REPAIR MARKET, BY PRODUCT TYPE
- 6.1 Product Type Summary
- 6.2 Market Attractive Index
- 6.3 Global Automotive Collision Repair Market, by Product Type (2019-2032)
- SECTION 7 - GLOBAL AUTOMOTIVE COLLISION REPAIR MARKET, BY VEHICLE TYPE
- 7.1 Vehicle Type Summary
- 7.2 Market Attractive Index
- 7.3 Global Automotive Collision Repair Market, by Vehicle Type (2019-2032)
- SECTION 8 - GLOBAL AUTOMOTIVE COLLISION REPAIR MARKET, BY SERVICE CHANNEL
- 8.1 Service Channel Summary
- 8.2 Market Attractive Index
- 8.3 Global Automotive Collision Repair Market, by Service Channel (2019-2032)
- SECTION 9 - GLOBAL AUTOMOTIVE COLLISION REPAIR MARKET, BY END-USER
- 9.1 End-User Summary
- 9.2 Market Attractive Index
- 9.3 Global Automotive Collision Repair Market, by End-User (2019-2032)
- SECTION 10 - GLOBAL AUTOMOTIVE COLLISION REPAIR MARKET, BY AUTO BODY SHOPS
- 10.1 Auto Body Shops Summary
- 10.2 Market Attractive Index
- 10.3 Global Automotive Collision Repair Market, by Auto Body Shops (2019-2032)
- SECTION 11 - GLOBAL AUTOMOTIVE COLLISION REPAIR MARKET, BY GEOGRAPHY
- 11.1 Regional Summary
- 11.2 Market Attractive Index
- 11.3 Global Automotive Collision Repair Market, by Geography (2019-2032)
- SECTION 12 - NORTH AMERICA AUTOMOTIVE COLLISION REPAIR MARKET
- 12.1 North America Summary
- 12.2 Market Attractive Index
- 12.3 North America Automotive Collision Repair Market, by Product Type (2019-2032)
- 12.4 North America Automotive Collision Repair Market, by Vehicle Type (2019-2032)
- 12.5 North America Automotive Collision Repair Market, by Service Channel (2019-2032)
- 12.6 North America Automotive Collision Repair Market, by End-User (2019-2032)
- 12.7 North America Automotive Collision Repair Market, by Auto Body Shops (2019-2032)
- 12.8 North America Automotive Collision Repair Market, by Country (2019-2032)
- 12.8.1 U.S.
- 12.8.2 Canada
- 12.8.3 Mexico
- 12.8.4 Rest of North America
- SECTION 13 - EUROPE AUTOMOTIVE COLLISION REPAIR MARKET
- 13.1 Europe Summary
- 13.2 Market Attractive Index
- 13.3 Europe Automotive Collision Repair Market, by Product Type (2019-2032)
- 13.4 Europe Automotive Collision Repair Market, by Vehicle Type (2019-2032)
- 13.5 Europe Automotive Collision Repair Market, by Service Channel (2019-2032)
- 13.6 Europe Automotive Collision Repair Market, by End-User (2019-2032)
- 13.7 Europe Automotive Collision Repair Market, by Auto Body Shops (2019-2032)
- 13.8 Europe Automotive Collision Repair Market, by Country (2019-2032)
- 13.8.1 Germany
- 13.8.2 U.K.
- 13.8.3 France
- 13.8.4 Italy
- 13.8.5 Spain
- 13.8.6 Russia
- 13.8.7 The Netherlands
- 13.8.8 Belgium
- 13.8.9 Turkey
- 13.8.10 Rest of Europe
- SECTION 14 - ASIA-PACIFIC AUTOMOTIVE COLLISION REPAIR MARKET
- 14.1 Asia-Pacific Summary
- 14.2 Market Attractive Index
- 14.3 Asia-Pacific Automotive Collision Repair Market, by Product Type (2019-2032)
- 14.4 Asia-Pacific Automotive Collision Repair Market, by Vehicle Type (2019-2032)
- 14.5 Asia-Pacific Automotive Collision Repair Market, by Service Channel (2019-2032)
- 14.6 Asia-Pacific Automotive Collision Repair Market, by End-User (2019-2032)
- 14.7 Asia-Pacific Automotive Collision Repair Market, by Auto Body Shops (2019-2032)
- 14.8 Asia-Pacific Automotive Collision Repair Market, by Country (2019-2032)
- 14.8.1 China
- 14.8.2 India
- 14.8.3 Japan
- 14.8.4 South Korea
- 14.8.5 Singapore
- 14.8.6 Malaysia
- 14.8.7 Australia
- 14.8.8 Thailand
- 14.8.9 Philippines
- 14.8.10 Rest of Asia-Pacific
- SECTION 15 - SOUTH AMERICA AUTOMOTIVE COLLISION REPAIR MARKET
- 15.1 South America Summary
- 15.2 Market Attractive Index
- 15.3 South America Automotive Collision Repair Market, by Product Type (2019-2032)
- 15.4 South America Automotive Collision Repair Market, by Vehicle Type (2019-2032)
- 15.5 South America Automotive Collision Repair Market, by Service Channel (2019-2032)
- 15.6 South America Automotive Collision Repair Market, by End-User (2019-2032)
- 15.7 South America Automotive Collision Repair Market, by Auto Body Shops (2019-2032)
- 15.8 South America Automotive Collision Repair Market, by Country (2019-2032)
- 15.8.1 Brazil
- 15.8.2 Argentina
- 15.8.3 Chile
- 15.8.4 Colombia
- 15.8.5 Rest of South America
- SECTION 16 - MIDDLE EAST AND AFRICA AUTOMOTIVE COLLISION REPAIR MARKET
- 16.1 Middle East and Africa Summary
- 16.2 Market Attractive Index
- 16.3 Middle East and Africa Automotive Collision Repair Market, by Product Type (2019-2032)
- 16.4 Middle East and Africa Automotive Collision Repair Market, by Vehicle Type (2019-2032)
- 16.5 Middle East and Africa Automotive Collision Repair Market, by Service Channel (2019-2032)
- 16.6 Middle East and Africa Automotive Collision Repair Market, by End-User (2019-2032)
- 16.7 Middle East and Africa Automotive Collision Repair Market, by Auto Body Shops (2019-2032)
- 16.8 Middle East and Africa Automotive Collision Repair Market, by Country (2019-2032)
- 16.8.1 Kingdom of Saudi Arabia
- 16.8.2 South Africa
- 16.8.3 U.A.E.
- 16.8.4 Egypt
- 16.8.5 Rest of Middle East and Africa
- SECTION 17 - COMPANY SHARE ANALYSIS
- 17.1 Global Automotive Collision Repair Market, Company Share Analysis
- 17.2 North America Automotive Collision Repair Market, Company Share Analysis
- 17.3 Europe Automotive Collision Repair Market, Company Share Analysis
- 17.4 Asia-Pacific Automotive Collision Repair Market, Company Share Analysis
- SECTION 18 - COMPANY PROFILES
- 18.1 3M Company
- 18.1.1 Company Snapshot
- 18.1.2 Financial Overview
- 18.1.3 Product Portfolio
- 18.1.4 Recent Developments
- 18.2 Automotive Technology Products LLC
- 18.2.1 Company Snapshot
- 18.2.2 Financial Overview
- 18.2.3 Product Portfolio
- 18.2.4 Recent Developments
- 18.3 Continental AG
- 18.3.1 Company Snapshot
- 18.3.2 Financial Overview
- 18.3.3 Product Portfolio
- 18.3.4 Recent Developments
- 18.4 Denso Corporation
- 18.4.1 Company Snapshot
- 18.4.2 Financial Overview
- 18.4.3 Product Portfolio
- 18.4.4 Recent Developments
- 18.5 Faurecia
- 18.5.1 Company Snapshot
- 18.5.2 Financial Overview
- 18.5.3 Product Portfolio
- 18.5.4 Recent Developments
- 18.6 Federal-Mogul LLC
- 18.6.1 Company Snapshot
- 18.6.2 Financial Overview
- 18.6.3 Product Portfolio
- 18.6.4 Recent Developments
- 18.7 Honeywell International, Inc.
- 18.7.1 Company Snapshot
- 18.7.2 Financial Overview
- 18.7.3 Product Portfolio
- 18.7.4 Recent Developments
- 18.8 International Automotive Components Group
- 18.8.1 Company Snapshot
- 18.8.2 Financial Overview
- 18.8.3 Product Portfolio
- 18.8.4 Recent Developments
- 18.9 Mann+Hummel Group
- 18.9.1 Company Snapshot
- 18.9.2 Financial Overview
- 18.9.3 Product Portfolio
- 18.9.4 Recent Developments
- 18.10 Magna International Inc.
- 18.10.1 Company Snapshot
- 18.10.2 Financial Overview
- 18.10.3 Product Portfolio
- 18.10.4 Recent Developments
- SECTION 19 - RELATED REPORTS
- SECTION 20 - DISCLAIMER
RESEARCH METHODOLOGY
The research methodology employed in Uniprism Market Research involves four basic steps namely research and data collection, data pre-processing, modeling and forecasting, quality assurance and output.
RESEARCH AND DATA COLLECTION
A tripod model research technique is followed for research and data collection in which various approaches such as primary research, secondary research, and product mapping are considered.
Primary research basically involves the process of conducting personalized interviews with market related professionals of major market players, investors, distributors, vendors and many more.
The secondary research include data published by government, annual reports, press releases, investor presentations of companies, white papers, certified publications, annual manufacturing limit of the respective industries related to the market, production consumption analysis of certain products respective to the market and many more.
Below mention are few of the sources which we have considered while estimating the market size:
For instance,
- Research articles published on Technium
- Science and MDPI
- Research publications by government approved associations and societies
Product mapping means the process of mapping the list of products that a key player contributes to the market as well as estimating the revenue of those products in order to define the Global Company share analysis of the respective Global Company in global, regional, and country level markets.
DATA PRE-PROCESSING
The term "data pre-processing" refers to the collection of procedures and methods used to clean, modify, and make ready for analysis the raw data gathered during research and data collection. The completion of this phase is necessary to guarantee that the data are reliable, consistent, and appropriate for statistical analysis and other data-driven tasks. The data pre-processing ensures that the information gathered from research and data collection is comparable and expressed in standard units, by the integration of missing data pointers and algorithmic approaches.
MODELING AND FORECASTING
The process of developing mathematical, statistical, or computational representations of real-world occurrences or relationships is known as modelling. These models are intended to replicate and explain market interactions, interdependence, and dynamics. These models are used by Uniprism Market Research to acquire a better knowledge of numerous market characteristics such as customer preferences, pricing elasticity, competition dynamics, and more. Depending on the individual study aims, many types of models are utilized, such as regression models, econometric models, decision tree models, and machine learning models.
Forecasting is the process of predicting future market conditions, trends, and occurrences using past data and models. Forecasting is used by Uniprism Market Research to estimate future sales, demand for products or services, market growth, and other important performance metrics. Forecasting accurately can assist organizations in making educated decisions about resource allocation, pricing, inventory management, and marketing tactics.
We create standardized bottom-up or top-down models that scale by leveraging data science and machine learning technology. All our market models consider the unique market characteristics of each country. Forecasting is based on major market indicators and a combination of traditional methodologies, such as exponential smoothing, time series analysis, regression analysis, and more modern techniques such as machine learning algorithms are all forecasting methodologies. The method chosen is determined on the nature of the data and the specific forecasting aims.
QUALITY ASSURANCE AND OUTPUT
Quality assurance and output involves the process of validation, adjustments, further publications of key market indicators. Extensive plausibility and consistency tests are performed on derived time series to ensure the high degree of quality of our market analysis. This quality assurance procedure also includes rigorous inspection, validation, and editing by an experienced management team to assure the dependability of the published data.