FMI: Garage and Service Station Market Volume Analysis, Segments, Value Share and Key Trends 2015-2025
The global garage and service station market is more than just an eye catching phrase which actually embodies all the business coming up from automobile repair workshops that tends to do diagnosis, repair and servicing for automotives. The market is gaining traction with the increasing number of organised players in the global garage and service station market. These stations provides a series of maintenance procedures that are carried out when a vehicle has travelled a certain distance. The intervals for servicing are highly dependent on the type of vehicle and are generally specified by the vehicle manufacturer.
The global garage and service station market is more than just an eye catching phrase which actually embodies all the business coming up from automobile repair workshops that tends to do diagnosis, repair and servicing for automotives. The market is gaining traction with the increasing number of organised players in the global garage and service station market. These stations provides a series of maintenance procedures that are carried out when a vehicle has travelled a certain distance. The intervals for servicing are highly dependent on the type of vehicle and are generally specified by the vehicle manufacturer.
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Global <strong>Garage</strong> <strong>and</strong><br />
<strong>Service</strong> <strong>Station</strong><br />
<strong>Market</strong><br />
Future <strong>Market</strong> Insights<br />
<strong>Share</strong>, Global <strong>Trends</strong>,<br />
<strong>Analysis</strong>, Research, Report,<br />
Opportunities,<br />
Segmentation <strong>and</strong><br />
Forecast,<br />
<strong>2015</strong><br />
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Report Description<br />
The global garage <strong>and</strong> service station market is more than just an eye catching phrase<br />
which actually embodies all the business coming up from automobile repair workshops<br />
that tends to do diagnosis, repair <strong>and</strong> servicing for automotives. The market is gaining<br />
traction with the increasing number of organised players in the global garage <strong>and</strong> service<br />
station market. These stations provides a series of maintenance procedures that are<br />
carried out when a vehicle has travelled a certain distance. The intervals for servicing are<br />
highly dependent on the type of vehicle <strong>and</strong> are generally specified by the vehicle<br />
manufacturer.<br />
The major services by the garages <strong>and</strong> service stations are inclusive of engine tuning,<br />
replacement of fuel filter, replacement of air filter, replacement of spark plugs, change of<br />
engine oils, car washing, greasing <strong>and</strong> lubricating, etc.<br />
Majorly the dem<strong>and</strong> for garage <strong>and</strong> related services are dependent on the car usage <strong>and</strong><br />
number of cars <strong>and</strong> motors on the road. Convenient location <strong>and</strong> marketing strategies are<br />
some of the chief factors affecting the individual companies’ profitability.<br />
Browse Full Report@ http://www.futuremarketinsights.com/reports/garage-<strong>and</strong>service-station-market<br />
The rising technological advancements <strong>and</strong> developments in the automotive market is<br />
disrupting the market for garages <strong>and</strong> service stations. There is a trend of increasing<br />
number of personalised vehicles that are networked <strong>and</strong> technologically radical which at<br />
the same time are rooted with driver-assist technologies that tends to fewer accidents<br />
<strong>and</strong> lesser errors <strong>and</strong> ultimately reducing the need for servicing.
Report Description<br />
<strong>Garage</strong> <strong>and</strong> <strong>Service</strong> <strong>Station</strong>: Drivers & Restraints<br />
The garage <strong>and</strong> service station market is expected to grow due to several factors such as<br />
growing automotive industry, increasing safety concerns, increasing automotive<br />
aftermarket needs. The marketing of products <strong>and</strong> services online is increasing which is<br />
providing growth potential to the service providers. The increasing number of auto<br />
service companies offering various car related services are also responsible for the<br />
growing market for garage <strong>and</strong> service station market.<br />
The auto repairing are still based on trust which is responsible for the fragmentation of<br />
the market with large number of small garages <strong>and</strong> service station. This can again restrain<br />
the growth of organized players in the market. On the other h<strong>and</strong> unorganized local<br />
service stations finds difficulty in exp<strong>and</strong>ing their base. Additionally rising technological<br />
developments are posing threat to the industry. The industry is also facing a major gap in<br />
trust <strong>and</strong> consumer satisfaction with the garages <strong>and</strong> service stations which is yet again<br />
an obstacle restraining the growing garage <strong>and</strong> service station market.<br />
<strong>Garage</strong> <strong>and</strong> <strong>Service</strong> <strong>Station</strong>: Segmentation<br />
By product type, the global garage <strong>and</strong> service station market is segmented as follows:<br />
•Mechanical Repair<br />
•Collision Repair<br />
•Car Washes
Report Description<br />
•Oil Change <strong>and</strong> Lubrication<br />
•Others<br />
By type of ownership, the global garage <strong>and</strong> service station market is segmented as<br />
follows:<br />
•Automobile dealerships<br />
•Franchise General Repair Shops<br />
•Franchise Speciality Shops<br />
•Locally Owned Repair Establishments<br />
By sector, the global garage <strong>and</strong> service station market is segmented as follows<br />
•Organised<br />
•Unorganised<br />
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<strong>Garage</strong> <strong>and</strong> <strong>Service</strong> <strong>Station</strong>: Region-wise Outlook<br />
The garage <strong>and</strong> service station market is expected to register a favourable growth for the<br />
forecast period, <strong>2015</strong>?<strong>2025</strong>. The Asia-Pacific <strong>and</strong> North America market is projected to
Report Description<br />
endure control on the global garage <strong>and</strong> service station market followed by Europe <strong>and</strong><br />
Middle East & Africa. The dem<strong>and</strong> for repairing services in surging across Asian regions.<br />
The factors contributing to the rising dem<strong>and</strong> in APAC is increasing market of vehicles <strong>and</strong><br />
succeeding dem<strong>and</strong> for services related to their repair <strong>and</strong> maintenance.<br />
<strong>Garage</strong> <strong>and</strong> <strong>Service</strong> <strong>Station</strong>: <strong>Key</strong> Players<br />
The global garage <strong>and</strong> service station market is highly fragmented. Some of the organized<br />
auto service companies in the market are Firestone Complete Auto Care, Meineke, Jiffy<br />
Lube, Midas, Safelite Group, Monro Muffler Brake etc.
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