Marketplace Investigation Information, Evaluation & Trends Auto Repair Industry Statistics 2018

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, electronics) and by service provider (e.g., new car dealers, common repair and service stations, physique shops, specialists, tire retailers and repair chains, quick lubes).

The report also reveals the considerable financial contribution produced by the UK automotive aftermarket, which delivers an annual £12.2 billion direct to the UK economy and supports more than 345,000 British jobs. As the number and age of vehicles on UK roads increases, thanks to a healthier new car marketplace, ever-enhancing high quality and ever-a lot more sophisticated servicing techniques, by 2022 the UK aftermarket is projected to be worth some £28 billion with an employee base of around 400,000.

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automotive collision repair industry statisticsThe US automotive repair and maintenance solutions market place will grow four percent annually. The service sector of business also recognized as the tertiary sector is one …

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