Automotive Collision Repair Market 2021-2027; Growth Forecast & Industry Share Report

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Automotive Collision Repair Market Regional Trend
Analysis Global Industry Report, 2021-2027
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Industry Insights

• The advent of superior auto diagnostic tools and
  service mechanisms has brought significant
  developments in the automotive collision repair
  market. The demand for automotive repair and
  maintenance services has witnessed drastic growth
  in recent times, owing to the technological
  advancements in the production of automotive
  parts, components, and various other materials.
• Additionally, growing penetration of affordable
  two wheelers, on account of greater fuel
  efficiency, low maintenance cost, and easy
  mobility is likely to boost the demand for
  automotive collision repair services to a greater
  extent.

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• Adhesives sealants are expected to account for
  more than 10 share of global automotive
  collision repair market up to 2027. Automotive
  adhesives are widely used for their superior
  cohesive strength in various components of
  automobiles. The applications of adhesives
  provide excellent bonding strength to automotive
  glass, painted surfaces, metal, and fiber
  assemblies, which enhances the safety and overall
  performance of the vehicle. Whereas, automobile
  sealants are applied to render enhanced adhesive
  flexibility and chemical stability to withstand
  different kinds of wear and tear.
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• Global industry share from light commercial
  vehicles collision repair is slated to witness a
  CAGR of over 2.5 through the forecast time
  period. In recent times, the significant growth
  in online sales amid the COVID-19 crisis has
  brought exponential traction in the e-commerce
  sector. In order to serve such demand from the
  e-commerce sector, the increased burden on
  logistics has led to tremendous requirements for
  commercial vehicles.

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Browse complete Table of Contents (ToC) of this
research report _at_ https//www.gminsights.com/toc/
detail/automotive-collision-repair-market-report
Chapter 5 Automotive Collision Repair Market,
By Vehicle 5.1 Automotive collision repair
market share by vehicle, 2020 2027 5.2
Passenger Cars 5.2.1 Market estimates and
forecast, 2017 - 2027 5.2.2 Market estimates
and forecast, by region, 2017 - 2027 5.3 LCV
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5.3.1 Market estimates and forecast, 2017 -
2027 5.3.2 Market estimates and forecast, by
region, 2017 - 2027 5.4 HCV 5.4.1 Market
estimates and forecast, 2017 - 2027 5.4.2
Market estimates and forecast, by region, 2017 -
2027 5.5 Two Wheelers 5.5.1 Market
estimates and forecast, 2017 - 2027 5.5.2
Market estimates and forecast, by region, 2017 -
2027

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Region

• These firms are focusing on strategies, including
  mergers, partnerships, and acquisitions to expand
  their businesses globally and bolster their
  market share. For instance, Caliber Collision and
  Abra Auto Body and Glass reported their merger in
  February 2019. This strategic venture was aimed
  at increasing their geographical expansion across
  the U.S.
• The automotive repair service providers
  continuously look to improvise their services by
  incorporating advanced technologies. Moreover,
  the technological advancements in ancillary
  products, such as tires, batteries, gears, and
  others should further complement global
  automotive collision repair industry trends.

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Key Players

• 3M
• Caliber Collision
• ATP Automotive
• Denso Corporation
• Eastman Chemical Company
• Honeywell International Inc

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