Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
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According to a research report published by Spherical Insights & Consulting, the Global Authorized Car Service Center Market Size is Expected to Grow from USD 98.35 Billion in 2023 to USD 179.45 Billion by 2033, Growing at a CAGR of 6.20% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Authorized Car Service Center Market Size, Share, and COVID-19 Impact Analysis, By Service Type (Maintenance Services, Repair Services, Diagnostic Services, and Others), By Service Provider (OEM Authorized Service Centers, Multi-Brand Service Centers, and Independent Garages), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, And Africa), Analysis And Forecast 2023 - 2033
The worldwide authorized car service center market refers to the business concerned with facilities designated by car manufacturers or authorized dealers to provide specialized services for vehicles. These centers are equipped with routine maintenance, diagnostics, and repairs using factory-approved tools, parts, and methods. The market growth is driven by ensuring compliance with manufacturer standards and offering reliable services. Moreover, the growing number of vehicles in use globally is one of the main driving factors for the approved car service center market. Beyond this, the need for routine maintenance and repair services is owing to the rise in urbanization, individual financial freedom, and technological breakthroughs. However, the market growth will be limited by high infrastructure costs, including the staff payload, other services.
The diagnostic services segment held a significant share of the global authorized car service center market in 2023 and is anticipated to grow at a rapid pace over the forecast period.
On the basis of the service type, the global authorized car service center market is differentiated into maintenance and repair services, diagnostic services, and others. Among these, the diagnostic services segment held a significant share of the global authorized car service center market in 2023 and is anticipated to grow at a rapid pace over the forecast period. This is because to properly identify and correct the complex systems, specifically for instruments and software.
The multi-brand service centers segment held a significant share of the global authorized car service center market in 2023 and is anticipated to grow at a rapid pace over the forecast period.
On the basis of the service provider, the global authorized car service center market is categorized into OEM authorized service centers, multi-brand service centers, and independent garages. Among these, the multi-brand service centers segment held a significant share of the global authorized car service center market in 2023 and is anticipated to grow at a rapid pace over the forecast period. This is due to budget-conscious clients seeking high-quality services at affordable costs, having under one roof.
Asia Pacific is anticipated to hold the largest share of the global authorized car service center market over the forecast period.
Asia Pacific is expected to hold the greatest share of the global authorized car service center market over the forecast period. The market for authorized car service center in this region is driven by rapid urbanization, rising disposable incomes, and increasing vehicle ownership. Further, countries such as China, Japan, and India have robust automotive infrastructure, which fuels to heightened need for reliable maintenance and repair services. Moreover, stringent emissions regulations further spur the demand for authorized service centers, which expand their acquisition.
Europe is anticipated to grow at the fastest CAGR of the global authorized car service center market over the forecast period. The market expansion throughout the region is further accelerated due to the strong automotive sector and strict regulations about vehicle safety and emissions. Moreover, with the high prevalence of automobile ownership and established automotive servicing infrastructure, countries like Germany, France, and the UK which considered major contributors to regional market growth. Additionally, the region's emphasis on sustainability and the use of EVs generates demand for specialist repair and maintenance services, which open up wide market acquisition opportunities.
Company profiling
Major vendors in the global authorized car service center market are Bosch Car Service, Midas, Meineke Car Care Centers, Jiffy Lube, Firestone Complete Auto Care, Goodyear Auto Service, Pep Boys, AAMCO Transmissions and Total Car Care, Valvoline Instant Oil Change, Monro Auto Service and Tire Centers, NTB - National Tire and Battery, Big O Tires, Christian Brothers Automotive, Precision Tune Auto Care, Mr. Tire Auto Service Centers, Tuffy Tire & Auto Service Centers, and others.
Key Target Audience
Recent Development
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global authorized car service center market based on the below-mentioned segments:
Global Authorized Car Service Center Market, By Service Type
Global Authorized Car Service Center Market, By Service Provider
Global Authorized Car Service Center Market, By Regional
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