Automotive Collision Repair Market: Global Industry Analysis, Growth Forecast & Emerging Trends To 2026

Europe automotive collision repair market will register a steady growth rate over 2020-2026 on account of the presence of major automakers in the region including BMW, Daimler, Volkswagen, among others. However, imposition of strict road safety laws in the Western Europe may limit the demand for automotive collision repair parts to some extent.

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Increase in the number of privately owned vehicles, traffic congestion and associated vehicle collisions is likely to drive automotive collision repair market forecast. In 2018, Americans spent around USD 45.8 billion in collision repair-related sales and services and 16.5% of the total spending accounted across the automotive aftermarket. Growth in vehicular traffic on roads due to consumer preference for comfortable personal cars is bringing a rise in annual motor accidents.

Advanced tools and technology development for collision repair products has gained consumer attention. Moreover, cost-effective automotive aftermarket services will favor business growth in the coming years. It has been anticipated that global automotive collision repair market size will cross the USD 305 billion mark by 2026.

Paints & coatings segment is forecast to showcase growth rate of 3.5% up to 2026 on account of the increasing customer focus on restoring vehicles with pre-collision finish. In addition, high traffic congestions in cities is resulting in minor vehicle scratches and dents, which will further boost the demand for minor paint touchups.

Recycled part segment is set to grow notably during the same time period, in part due to the growing emphasis of manufacturers on developing environment-friendly automotive collision repair parts. These players are utilizing advanced technologies to develop recycled automotive collision repair parts and products at cheaper prices to attract customers.

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Some Point Form TOC:

Chapter 5.   Automotive Collision Repair Market, By Vehicle

5.1.  Automotive collision repair industry share by vehicle, 2019 & 2026

5.2.  Passenger Cars

5.2.1. Market estimates and forecast, 2016-2026

5.2.2. Market estimates and forecast, by region, 2016-2026

5.3.  LCV

5.3.1. Market estimates and forecast, 2016-2026

5.3.2. Market estimates and forecast, by region, 2016-2026

5.4.  HCV

5.4.1. Market estimates and forecast, 2016-2026

5.4.2. Market estimates and forecast, by region, 2016-2026

5.5.  Two Wheelers

5.5.1. Market estimates and forecast, 2016-2026

5.5.2. Market estimates and forecast, by region, 2016-2026

Chapter 6.   Automotive Collision Repair Market, By Source

6.1.  Automotive collision repair industry share by source, 2016 & 2024

6.2.  New OEM

6.2.1. Market estimates and forecast, 2016-2026

6.2.2. Market estimates and forecast, by region, 2016-2026

6.3.  Aftermarket

6.3.1. Market estimates and forecast, 2016-2026

6.3.2. Market estimates and forecast, by region, 2016-2026

6.4.  Recycled

6.4.1. Market estimates and forecast, 2016-2026

6.4.2. Market estimates and forecast, by region, 2016-2026

6.5.  Remanufactured

6.5.1. Market estimates and forecast, 2016-2026

6.5.2. Market estimates and forecast, by region, 2016-2026

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