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Automotive Repair and Maintenance Services Market Size Report, 2027

Automotive repair and maintenance services are provided to keep passenger cars as well as commercial vehicles in running condition by complex diagnostics form tire and wheel alignments to oil changes. Some parts of the vehicles such as brakes, engine, filters, and batteries are not inspected visually, hence, regular maintenance and repair services are important for them for increasing the efficiency of the vehicle. Moreover, regular oil change, brake repair, air conditioning service, and wheel alignment also contributes for increasing the life of the vehicle.

Market Dynamics

Growth of global automotive repair and maintenance services market is attributed to increase in awareness regarding the vehicle maintenance and the vehicle safety. Furthermore, the availability of several independent auto services and maintenance service providers, availability of service flexibility, cost competitiveness, reliable maintenance services, and poor quality of road infrastructure across the globe is expected to boost the demand for automotive repair and maintenance services over the forecast period. Moreover, increasing number of vehicles on the road across the globe is expected to boost the global automotive repair and maintenance services market during the forecast period. For instance, according to World Economic Forum, the number of cars on the roads is expected to get double by the year 2040, globally. Furthermore, most of this transport growth is going to take place in emerging markets such as China and India, as global population is set to increase by another two billion over the next 25 years to 9.2 billion.