Automotive & Transportation Industry Automotive Collision Repair Market

Your CatalystTo a Lucrative Business
Automotive Collision Repair Market Share, Size, Analysis, Growth,
Industry Trends and Forecasts to 2025 | Hexa Research
“Growing number of accidents is expected to augment
the growth of the automotive collision repair market
over the forecast period.”
The global Automotive Collision Repair Market to reach USD 206.46 billion by 2025, driven by a surge in
automobile production, digitalization of automobile repair services and advances in manufacturing technology
such as 3D printing of automotive parts to optimize costs. Europe was the largest market accounting for 44.9%
of the revenue share in 2016. However, it is expected to lose its share over the forecast period on account of
increase in trade barriers created by Brexit.
The increase in demand for vehicles driven by improvement in lifestyle in developing countries such as India
and Brazil is expected to drive the growth of the market. Asia Pacific is anticipated to witness the fastest growth
over the forecast period at a CAGR of 3.7% on account of increase in production and sale of automobiles and
rising living standard. The increase in the number of vehicles on the road in countries such as China and India is
expected to drive growth.
Browse Details of Report @ https://www.hexaresearch.com/research-report/automotive-collision-repair-
industry
Follow Us: