Research Automotive Repair and Maintenance Services Market | Page 5

Automotive Repair and Maintenance Services Market
Segmentation analysis
Future Market Insights’ report on the global automotive repair and maintenance services market offers
useful insights on market performance of the various segments of the global automotive repair and
maintenance services market. Some of the highlights of our research reveal the following vital points:
 Demand for various services and parts in the automotive aftermarket such as tires, engine oil, and
wear and tear parts will continue to gain traction in the coming years
 The tires segment is forecast to register a CAGR of 7.9% during 2016 – 2026
 The wear and tear parts and engine oil services and parts segments are expected to represent 14.1%
and 8.6% shares of the total incremental opportunity in the coming decade
 The automobile dealerships service provider segment is anticipated to be valued in excess of US$ 100
Bn by this year end, witnessing a CAGR of 4% during the forecasted period
 The passenger cars vehicle type segment was the maximum value generating segment in terms of
vehicle type in 2015 and is projected to gain significant market share over the forecast period. This
segment is anticipated to gain 200 BPS between 2016 and 2026 due to higher sales of passenger cars
in the coming years
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