Marketplace Investigation Information, Evaluation & Trends Auto Repair Industry Statistics 2018
Auto repair industry statistics 2018The US automotive repair and maintenance solutions market place will develop 4 % annually. There has been an increase in vehicular damage caused by accidents, which directly influences the revenue generated in the worldwide marketplace for automotive collision repair. A lot of automobile retailers sell Do-It-Oneself (DIY) kits to shoppers who choose to repair their cars at home with no any assistance. This trend is observed in numerous suburban parts of Latin America and Asia Pacific. In 2016, the typical number of repairs reached its peak in U.S. and China. Average repair price connected to automotive collision repair reached a maximum in U.K. in the very same year.
This study analyzes the $86.2 billion US automotive repair and maintenance service sector. It presents historical demand information for 1995, 2000 and 2005 and forecasts to 2010 and 2015 by service kind (e.g., mechanical, exterior and structural, electrical, …
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