Automotive Collision Repair Market Size, Share & Trends Analysis Report By Product Type (Paints & Coatings, Consumables, Spare Parts), By Vehicle Type, By Service Channel (DIY, DIFM, OE), And Segment Forecasts, 2019 - 2025

Published: Nov, 2019 | Pages: 100 | Publisher: Grand View Research
Industry: Automotive | Report Format: Electronic (PDF)

The global automotive collision repair market size is expected to reach USD 208.0 billion by 2025, according to a new study by Grand View Research, Inc. It is projected to register a CAGR of 2.3% during the forecast period. Technological advancements and subsequent development of innovative repair techniques are anticipated to boost the market. For instance, a new production technology, 3D printing of automotive parts, is extensively being deployed by key players to optimize their production costs. This technique enable efficient fabrication performance and reduces emission toxicity.

In addition, growing adoption of alternative fuel vehicles is anticipated to propel the market in the forthcoming years. The U.S. government has implemented several initiatives to support the sales and use of alternative-fuel vehicles such as cars and trucks that run on hydrogen and natural gas. For instance, in California, air quality is an important concern on account of which, the Federal Clean Air Act by the California Air Resources board was implemented to reduce the vehicle emissions.

The market poses promising growth prospects throughout the forecast period, owing to the combination of numerous factors such as increasing investments and research undertaken by manufacturers to customize and diversify products. For instance, 3M Automotive Aftermarket Division and West Coast Customs, a car customization company, entered into a partnership to use 3M refinishing products such as abrasives, body fillers, adhesives, coatings, paint finishing, and spray paint guns for primer. This enabled manufacturers to enter the car customization segment.

Introduction of new generation of vehicles in the novel service repair regimes is boosting the demand for gas and hybrid electric cars, which is expected to further drive the overall market. Furthermore, unorganized and untapped markets in Asia Pacific are anticipated to create growth opportunities for major vehicle repair vendors, which is expected to propel the global automotive collision repair market in the forthcoming years.

Further key findings from the report suggest:

• Incorporation of advanced telematics such as automotive or vehicle telematics act as a challenge to market growth. In the automotive industry, telematics permits manufacturers to use in-vehicle equipment such as navigation devices, communication systems, GPS, and event data recorders and offer a wide range of information and services

• Europe held the largest share of over 44.0% in the global automotive collision repair market in 2018. Penetration of vehicles with enhanced safety features will drive the regional market

• Regulations for alternative fuel vehicles were implemented to reduce the current tax rate for advanced technology vehicles. Government agencies have implemented rules for passenger cars, which is expected to positively impact component sales

• Key market players include 3M; Automotive Technology Products LLC; Continental AG; Denso Corporation; Faurecia; Federal-Mogul LLC; Honeywell International, Inc.; International Automotive Components Group; Johnson Controls, Inc.; Magna International, Inc.; Mann+Hummel Group; Martinrea International, Inc.; Mitsuba Corporation; Robert Bosch GmbH; and Takata Corporation.

 Table of Contents

Chapter 1 Methodology and Scope
                 1.1 Research Methodology
                 1.2 Research Scope & Assumptions
                 1.3 List of Data Sources

Chapter 2 Executive Summary
                 2.1 Industry snapshot & key buying criteria, 2014 - 2025
                 2.2 Segmental Trends

Chapter 3 Automotive Collision Repair Industry Outlook
                 3.1 Market Segmentation & Scope
                 3.2 Value Chain Analysis
                 3.3 Market Dynamics and Market Driver Analysis
                     3.3.1 Market Dynamics
                     3.3.2 Market Driver Analysis
                         3.3.2.1 Advanced technology usage in auto parts fabrication
                         3.3.2.2 Surge in consumer and passenger automobile production
                         3.3.2.3 Digitalization of automotive repair & maintenance services
                 3.4 Market Restraint Analysis
                     3.4.1 Insurance dependence
                     3.4.2 Environmental concerns
                 3.5 Penetration and Growth Prospect Mapping
                 3.6 Industry Analysis - Porter’s
                 3.7 Key Company Analysis, 2018
                 3.8 List of Key Companies, 2018
                 3.9 Automotive Collision Repair - PEST analysis
                 3.10 Average Number of Repairs, 2018
                 3.11 Percentage of Vehicles Insured, by Country, 2018
                 3.12 Average Cost of Repair, 2018 (USD)
                 3.13 Repair Dollar Distribution, by Country, 2018, by Product (Split of costs between Paints & Coatings, Consumables, Spare Parts)
                     3.13.1 Repair Dollar Distribution, U.S.
                     3.13.2 Repair Dollar Distribution, Canada
                     3.13.3 Repair Dollar Distribution, Mexico
                     3.13.4 Repair Dollar Distribution, U.K.
                     3.13.5 Repair Dollar Distribution, Germany
                     3.13.6 Repair Dollar Distribution, France
                     3.13.7 Repair Dollar Distribution, China
                     3.13.8 Repair Dollar Distribution, Japan
                     3.13.9 Repair Dollar Distribution, India
                     3.13.10 Repair Dollar Distribution, Brazil
                 3.14 Top 5 Insurers, by Country, 2018
                 3.15 Statistics - Number of Accidents, by Country, 2018
                     3.15.1 Road Traffic Fatalities in 2018, by country

Chapter 4 Vehicle Type Estimates & Trend Analysis, 2018 & 2025
                 4.1 Vehicle Type Market Analysis & Market Share, 2018 & 2025
                 4.2 Vehicle Type Market Size and Trend Analysis, 2014 to 2025
                     4.2.1 Light-duty vehicles
                         4.2.1.1 Global market estimates and forecasts, 2014 - 2025 (USD Billion)
                     4.2.2 Heavy-duty vehicles
                         4.2.2.1 Global market estimates and forecasts, 2014 - 2025 (USD Billion)

Chapter 5 Product Type Estimates & Trend Analysis
                 5.1 Product Type Market Analysis & Market Share, 2018 & 2025
                 5.2 Product Type Market Size and Trend Analysis, 2014 to 2025
                     5.2.1 Paints & Coatings
                         5.2.1.1 Global market estimates and forecasts, 2014 - 2025 (USD Billion)
                     5.2.2 Consumables
                         5.2.2.1 Global market estimates and forecasts, 2014 - 2025 (USD Billion)
                     5.2.3 Spare Parts
                         5.2.3.1 Global market estimates and forecasts, 2014 - 2025 (USD Billion)

Chapter 6 Service Channel Type Estimates & Trend Analysis
                 6.1 Service Channel Type Market Analysis& Market Share, 2018 & 2025
                 6.2 Service Channel Market Size and Trend Analysis, 2014 to 2025
                     6.2.1 DIY
                         6.2.1.1 Global market estimates and forecasts, 2014 - 2025 (USD Billion)
                     6.2.2 DIFM
                         6.2.2.1 Global market estimates and forecasts, 2014 - 2025 (USD Billion)
                     6.2.3 OE
                         6.2.3.1 Global market estimates and forecasts, 2014 - 2025 (USD Billion)

Chapter 7 Regional Estimates & Trend Analysis
                 7.1 Regional Movement Analysis & Market Share, 2018 & 2025
                 7.2 North America
                     7.2.1. North America market estimates and forecasts, 2014 - 2025 (USD Billion)
                         7.2.1.1 U.S.
                             7.2.1.1.1 U.S. market estimates and forecasts, 2014 - 2025 (USD Billion)
                         7.2.1.2 Canada
                             7.2.1.2.1 Canada market estimates and forecasts, 2014 - 2025 (USD Billion)
                     7.2.3 Mexico
                         7.2.3.1 Mexico market estimates and forecasts, 2014 - 2025 (USD Billion)
                 7.3 Europe
                     7.3.1. Europe market estimates and forecasts, 2014 - 2025 (USD Billion)
                         7.3.1.1 Germany
                             7.3.1.1.1 Germany market estimates and forecasts, 2014 - 2025 (USD Billion)
                         7.3.1.2 U.K.
                             7.3.1.2.1 U.K. market estimates and forecasts, 2014 - 2025 (USD Billion)
                         7.3.1.3 France
                             7.3.1.3.1 France market estimates and forecasts, 2014 - 2025 (USD Billion)
                 7.4 Asia Pacific
                     7.4.1. Asia Pacific market estimates and forecasts, 2014 - 2025 (USD Billion)
                         7.4.1.1 China
                             7.4.1.1.1 China market estimates and forecasts, 2014 - 2025 (USD Billion)
                         7.4.1.2 Japan
                             7.4.1.2.1 Japan market estimates and forecasts, 2014 - 2025 (USD Billion)
                         7.4.1.3 India
                             7.4.1.3.1 India market estimates and forecasts, 2014 - 2025 (USD Billion)
                 7.5 South America
                     7.5.1. South America market estimates and forecasts, 2014 - 2025 (USD Billion)
                         7.5.1.1 Brazil
                             7.5.1.1.1 Brazil market estimates and forecasts, 2014 - 2025 (USD Billion)
                 7.6 Middle East & Africa (MEA)
                     7.6.1. Middle East & Africa market estimates and forecasts, 2014 - 2025 (USD Billion)

Chapter 8 Competitive Landscape
                 8.1 Company Profiles
                     8.1.1 3M
                         8.1.1.1 Company overview
                         8.1.1.2 Financial performance
                         8.1.1.3 Product benchmarking
                         8.1.1.4 Recent developments
                     8.1.2 Automotive Technology Products LLC (ATP.) (a subsidiary of Lodi Group of Monterrey)
                         8.1.2.1 Company overview
                         8.1.2.2 Product benchmarking
                         8.1.2.3 Recent developments
                     8.1.3 Continental AG
                         8.1.3.1 Company overview
                         8.1.3.2 Financial performance
                         8.1.3.3 Product benchmarking
                         8.1.3.4 Recent developments
                     8.1.4 Denso Corporation
                         8.1.4.1 Company overview
                         8.1.4.2 Financial performance
                         8.1.4.3 Product benchmarking
                         8.1.4.4 Recent developments
                     8.1.5 Faurecia
                         8.1.5.1 Company overview
                         8.1.5.2 Financial performance
                         8.1.5.3 Product benchmarking
                         8.1.5.4 Recent developments
                     8.1.6 Federal-Mogul LLC
                         8.1.6.1 Company overview
                         8.1.6.2 Financial performance
                         8.1.6.3 Product benchmarking
                         8.1.6.4 Recent developments
                     8.1.7 Honeywell International, Inc.
                         8.1.7.1 Company overview
                         8.1.7.2 Financial performance
                         8.1.7.3 Product benchmarking
                         8.1.7.4 Recent developments
                     8.1.8 International Automotive Components Group
                         8.1.8.1 Company overview
                         8.1.8.2 Product benchmarking
                         8.1.8.3 Recent developments
                     8.1.9 Johnson Controls, Inc.
                         8.1.9.1 Company overview
                         8.1.9.2 Financial performance
                         8.1.9.3 Product benchmarking
                         8.1.9.4 Recent developments
                     8.1.10 Magna International Inc.
                         8.1.10.1 Company overview
                         8.1.10.2 Financial performance
                         8.1.10.3 Product benchmarking
                         8.1.10.4 Recent developments
                     8.1.11 Mann+Hummel Group
                         8.1.11.1 Company overview
                         8.1.11.2 Financial performance
                         8.1.11.3 Product benchmarking
                         8.1.11.4 Recent developments
                     8.1.12 Martinrea International Inc.
                         8.1.12.1 Company overview
                         8.1.12.2 Financial performance
                         8.1.12.3 Product benchmarking
                     8.1.13 Mitsuba Corporation
                         8.1.13.1 Company overview
                         8.1.13.2 Financial performance
                         8.1.13.3 Product benchmarking
                     8.1.14 Robert Bosch GmbH
                         8.1.14.1 Company overview
                         8.1.14.2 Financial performance
                         8.1.14.3 Product benchmarking
                         8.1.14.4 Recent developments
                     8.1.15 Takata Corporation
                         8.1.15.1 Company overview
                         8.1.15.2 Financial performance
                         8.1.15.3 Product benchmarking
                         8.1.15.4 Recent developments

List of Tables

TABLE 1 Automotive collision repair - Industry snapshot & key buying criteria, 2014 - 2025
TABLE 2 Global automotive collision repair Market, 2014 - 2025 (USD Billion)
TABLE 3 Global automotive collision repair market estimates and forecasts, by region 2014 - 2025 (USD Billion)
TABLE 4 Global automotive collision repair market estimates and forecasts, by vehicle type 2014 - 2025 (USD Billion)
TABLE 5 Global automotive collision repair market estimates and forecasts, by product 2014 - 2025 (USD Billion)
TABLE 6 Global automotive collision repair market estimates and forecasts, by service channel 2014 - 2025 (USD Billion)
TABLE 7 Automotive collision repair - Key market driver impact
TABLE 8 Passenger & commercial vehicle production statistics, 2018
TABLE 9 Automotive collision repair - Key market restraint impact
TABLE 10 Key automotive collision repair service providers, 2018
TABLE 11 Average number of repairs annually, by country 2018
TABLE 12 Percentage of vehicle fleet insured by country, 2018
TABLE 13 Average collision repair cost, by country, 2018
TABLE 14 Top Insurers in U.S., 2018
TABLE 15 Top 5 Insurers in Canada, 2018
TABLE 16 Top 5 Insurers in Mexico, 2018
TABLE 17 Top 5 Insurers in U.K., 2018
TABLE 18 Top Insurers in France, 2018
TABLE 19 Top Insurers in Germany, 2018
TABLE 20 Top 5 Insurers in India, 2018
TABLE 21 Top 5 Insurers in China, 2018
TABLE 22 Top 5 Insurers in Brazil, 2018
TABLE 23 Global demand for automotive collision repair in light-duty vehicles 2014 - 2025 (USD Billion)
TABLE 24 Global demand for automotive collision repair in light-duty vehicles by region 2014 - 2025 (USD Billion)
TABLE 25 Global demand for automotive collision repair in heavy-duty vehicles 2014 - 2025 (USD Billion)
TABLE 26 Global demand for automotive collision repair in heavy-duty vehicles by region 2014 - 2025 (USD Billion)
TABLE 27 Global demand for automotive collision repair in paints & coatings 2014 - 2025 (USD Billion)
TABLE 28 Global demand for automotive collision repair in paints & coatings by region 2014 - 2025 (USD Billion)
TABLE 29 Global demand for automotive collision repair in consumables 2014 - 2025 (USD Billion)
TABLE 30 Global demand for automotive collision repair in consumables by region 2014 - 2025 (USD Billion)
TABLE 31 Global demand for automotive collision repair in spare parts 2014 - 2025 (USD Billion)
TABLE 32 Global demand for automotive collision repair in spare parts by region 2014 - 2025 (USD Billion)
TABLE 33 Global demand for automotive collision repair in DIY 2014 - 2025 (USD Billion)
TABLE 34 Global demand for automotive collision repair in DIY by region 2014 - 2025 (USD Billion)
TABLE 35 Global demand for automotive collision repair in DIFM 2014 - 2025 (USD Billion)
TABLE 36 Global demand for automotive collision repair in DIFM by region 2014 - 2025 (USD Billion)
TABLE 37 Global demand for automotive collision repair in OE 2014 - 2025 (USD Billion)
TABLE 38 Global demand for automotive collision repair in OE by region 2014 - 2025 (USD Billion)
TABLE 39 North America market by product 2014 - 2025 (USD Billion)
TABLE 40 North America market by vehicle type 2014 - 2025 (USD Billion)
TABLE 41 North America market by service channel type 2014 - 2025 (USD Billion)
TABLE 42 U.S. market by product 2014 - 2025 (USD Billion)
TABLE 43 U.S. market by vehicle type 2014 - 2025 (USD Billion)
TABLE 44 U.S. market by service channel type 2014 - 2025 (USD Billion)
TABLE 45 Canada market by product 2014 - 2025 (USD Billion)
TABLE 46 Canada market by vehicle type 2014 - 2025 (USD Billion)
TABLE 47 Canada market by service channel type 2014 - 2025 (USD Billion)
TABLE 48 Mexico market by product 2014 - 2025 (USD Billion)
TABLE 49 Mexico market by vehicle type 2014 - 2025 (USD Billion)
TABLE 50 Mexico market by service channel type 2014 - 2025 (USD Billion)
TABLE 51 Europe market by product type 2014 - 2025 (USD Billion)
TABLE 52 Europe market by vehicle type 2014 - 2025 (USD Billion)
TABLE 53 Europe market by service channel type 2014 - 2025 (USD Billion)
TABLE 54 Germany market by product 2014 - 2025 (USD Billion)
TABLE 55 Germany market by vehicle type 2014 - 2025 (USD Billion)
TABLE 56 Germany market by service channel type 2014 - 2025 (USD Billion)
TABLE 57 U.K. market by product 2014 - 2025 (USD Billion)
TABLE 58 U.K. market by vehicle type 2014 - 2025 (USD Billion)
TABLE 59 U.K. market by service channel type 2014 - 2025 (USD Billion)
TABLE 60 France market by product 2014 - 2025 (USD Billion)
TABLE 61 France market by vehicle type 2014 - 2025 (USD Billion)
TABLE 62 France market by service channel type 2014 - 2025 (USD Billion)
TABLE 63 Asia Pacific market by product 2014 - 2025 (USD Billion)
TABLE 64 Asia Pacific market by vehicle type 2014 - 2025 (USD Billion)
TABLE 65 Asia Pacific market by service channel type 2014 - 2025 (USD Billion)
TABLE 66 China market by product 2014 - 2025 (USD Billion)
TABLE 67 China market by vehicle type 2014 - 2025 (USD Billion)
TABLE 68 China market by service channel type 2014 - 2025 (USD Billion)
TABLE 69 India market by product 2014 - 2025 (USD Billion)
TABLE 70 India market by vehicle type 2014 - 2025 (USD Billion)
TABLE 71 India market by service channel type 2014 - 2025 (USD Billion)
TABLE 72 Japan market by product 2014 - 2025 (USD Billion)
TABLE 73 Japan market by vehicle type 2014 - 2025 (USD Billion)
TABLE 74 Japan market by service channel type 2014 - 2025 (USD Billion)
TABLE 75 South America market by product 2014 - 2025 (USD Billion)
TABLE 76 South America market by vehicle type 2014 - 2025 (USD Billion)
TABLE 77 South America market by service channel type 2014 - 2025 (USD Billion)
TABLE 78 Brazil market by product 2014 - 2025 (USD Billion)
TABLE 79 Brazil market by vehicle type 2014 - 2025 (USD Billion)
TABLE 80 Brazil market by service channel type 2014 - 2025 (USD Billion)
TABLE 81 MEA market by product 2014 - 2025 (USD Billion)
TABLE 82 MEA market by vehicle type 2014 - 2025 (USD Billion)
TABLE 83 MEA market by service channel type 2014 - 2025 (USD Billion)

List of Figures

FIG. 1 Market segmentation & scope
FIG. 2 Automotive collision repair - Value chain analysis
FIG. 3 Market dynamics
FIG. 4 Automotive collision repair market size and growth prospects
FIG. 5 Automotive collision repair market key opportunities
FIG. 6 Porter’s five forces analysis
FIG. 7 Automotive collision repair - PEST analysis
FIG. 8 Percentage of Vehicles Insured, 2018
FIG. 9 Average Repair Cost, 2018
FIG. 10 U.S. repair dollar distribution, 2018
FIG. 11 Canada repair dollar distribution, 2018
FIG. 12 Mexico repair dollar distribution, 2018
FIG. 13 U.K. repair dollar distribution, 2018
FIG. 14 Germany repair dollar distribution, 2018
FIG. 15 France repair dollar distribution, 2018
FIG. 16 China repair dollar distribution, 2018
FIG. 17 Japan repair dollar distribution, 2018
FIG. 18 India repair dollar distribution, 2018
FIG. 19 Brazil repair dollar distribution, 2018
FIG. 20 Automotive collision repair market share by vehicle type, 2018 & 2025
FIG. 21 Automotive collision repair market share by product, 2018 & 2025
FIG. 22 Automotive collision repair market share by service channel, 2018 & 2025
FIG. 23 Regional marketplace: Key takeaways
FIG. 24 Regional outlook, 2018 & 2025
FIG. 25 North America market place: Key takeaways
FIG. 26 Europe market place: Key takeaways
FIG. 27 Asia Pacific market place: Key takeaways
FIG. 28 South America market place: Key takeaways
FIG. 29 MEA market place: Key takeaways