Global Authorized Car Service Center Market Segments 2024, Forecast To 2033
5 Mar, 2024
The authorized car service center market experienced robust growth, rising from $220.62 billion in 2023 to $235.43 billion in 2024, with a 6.7% CAGR. Increasing vehicle ownership rates, complexity in automobiles, and a focus on vehicle safety contributed to historical growth. The market is forecasted to reach $299.61 billion in 2028, driven by the growing fleet of electric vehicles and advancements in automotive technologies.
Global Authorized Car Service Center Market Key Driver
The authorized car service center market is anticipated to grow with the rapid expansion of the automobile industry. Automotive sales in the U.S. reached 15,079,182 units in 2021, with a 5.3% increase in the sales of trucks and SUVs. Post-purchase servicing at authorized service centers ensures the use of genuine OEM parts and services. The increasing sales and diverse vehicle types drive the need for a significant number of authorized service centers, contributing to the market's growth.
Get A Free Sample Of The Global Authorized Car Service Center Market ReportGlobal Authorized Car Service Center Market Segments
The authorized car service center market covered in this report is segmented –
1) By Auto Body Workshop: OEM Authorized Workshops, Organized Multi-Brand Service Providers
2) By Service: Engine, Transmission, Brakes, Suspension, Electrical, Body, Tire, Belts And Accessories
3) By Vehicle Age: Less Than Three Years, More Than Three Years
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the authorized car service center market in 2023. The regions covered in the authorized car service center market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Authorized Car Service Center Industry Players
3M Company; Volkswagen Aktiengesellschaft; Toyota Motor Corporation; Bayerische Motoren Werke AG; Suzuki Motor Corporation; Robert Bosch GmbH; Castrol Limited; Honda Motor Co. Ltd.; Hyundai Motor Company; Carmozo Mobility Pvt. Ltd.; Carxpert Services Pvt. Ltd.; Carnation Auto India Pvt. Ltd.; The Lansdowne Motor Company Limited; Renault Group; Automovill Technologies Private Limited; Mahindra First Choice Services Limited; TVS Automobile Solutions Private Limited; ExxonMobil Corporation; Carz Limited; Lansdowne Automobile; Meineke Car Care Centers LLC; Tilden international Inc.; Groupe Renault; Mobil1 Car Care; Maruti Suzuki India Limited; Mercedes-Benz; Michelin SCA.; Nissan Motor Co. Ltd.; Porsche AG; Skoda Auto; Volvo Cars; Yokohama Rubber Co. Ltd.
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AIOps Authorized Car Service Center Market Overview
An authorized car service center refers to any service facility or shop designated as an authorized service center by the car manufacturer, an authorized dealer, or the Company. It is used to carry out routine maintenance, like tire rotations, oil and filter changes, and various inspections.
Authorized Car Service Center Global Market Report 2023 provides data on the global authorized car service center market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The authorized car service center market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.