Authorized Car Service Center Market Trends, Analysis & Forecast,2025

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Authorized Car Service Center Market Will Witness
A Rapid Growth to 2025
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Key Insights Authorized Car Service Center Market

• Surging passenger vehicle demand and consistent
  regulatory efforts to facilitate progress in the
  auto industry will fuel authorized car service
  center market trends. Major investments by auto
  manufacturers to broaden their manufacturing
  scope are driving demand for car servicing
  facilities.
• Global authorized car service center industry
  from the organized multi-brand service provider
  workshop segment is expected to grow at the
  fastest pace over the predicted timeline given
  the superior vehicle repair services for myriad
  auto brands offered by key industry players at
  economical price points.
• Major multi-brand service companies such as
  Mahindra, Bosch, TVS Automobile Solutions and
  more are shifting focus towards expanding their
  service departments and offering lucrative
  servicing packages to car fleet operators.

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Continued

• To cite an example, Bosch inaugurated their new
  CoCo Bosch car service outlet in Bengaluru, in
  January 2017, equipped with top of the line
  servicing equipment including tire changers,
  nitrogen tire inflators, headlight aligners and
  wheel aligners, all designed to cater to a vast
  array of vehicle brands.
• Owing to the robust demand for car repairs
  associated with scratches and dents in the
  current scenario, the car body services
  application segment is set to take a leading
  position in the overall authorized car service
  center industry share.
• The engine service sector, on the other hand, is
  anticipated to account for more than 12 of the
  overall industry share by 2025, as a result of
  strong resistance in high pressure and high
  temperature applications. Furthermore,
  turbochargers fitted on engines require adequate
  maintenance in order to ensure efficient engine
  performance by regulating and enhancing exhaust
  gas flow, which is likely to support segmental
  market growth.

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Market research reports Key analytical components

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Major Companies Authorized Car Service Center
Market

• 3M
• Automovill Technologies Pvt. Ltd
• BMW
• Carmozo
• Carnation
• Carxpert Garage

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Regional Authorized Car Service Center Market

• The European government's rigorous measures to
  enhance the fuel economy have also compelled car
  owners to invest in regular preventive vehicle
  maintenance services. Moreover, as a result of
  the growing vehicle population in countries
  including the Czech Republic, Poland, Romania,
  Hungary and Croatia, the Eastern Europe
  authorized car service center industry is also
  expected to witness prolific gains.
• Given the increasing vehicle sales in emerging
  nations like China, India and Australia, the APAC
  authorized car service center market is projected
  to show the highest growth rate over the
  estimated timeframe, accelerating demand for auto
  repair and servicing facilities. For example, as
  per the Australian Automotive Aftermarket
  Association's (AAAA) 2017 data, the country
  recorded the highest car ownership levels in the
  region, with nearly 764 cars per 1,000
  individuals. Another significant contributor to
  authorized car service center market expansion is
  the high traffic density and automobile
  congestion culminating in the degradation of car
  parts, leading to an increase in repair service
  demand.

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