Automotive Repair and Maintenance Services Market Will hit at a CAGR of 5.6%from 2016 to 2026
Future Market Insights has announced the addition of the “Automotive Repair and Maintenance Services Market: Global Industry Analysis & Opportunity Assessment, 2016 – 2026” "report to their offering.
Future Market Insights has announced the addition of the “Automotive Repair and Maintenance Services Market: Global Industry Analysis & Opportunity Assessment, 2016 – 2026” "report to their offering.
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<strong>Au<strong>to</strong>motive</strong> <strong>Repair</strong> <strong>and</strong> <strong>Maintenance</strong> <strong>Services</strong> <strong>Market</strong><br />
Regional analysis<br />
North America is the largest market for au<strong>to</strong>motive repair <strong>and</strong> maintenance services accounting for over<br />
26% market share in terms <strong>of</strong> revenue in the global au<strong>to</strong>motive repair <strong>and</strong> maintenance services market<br />
by the end <strong>of</strong> <strong>2016</strong>. The APEJ au<strong>to</strong>motive repair <strong>and</strong> maintenance services market is projected <strong>to</strong> hold<br />
significant market share in terms <strong>of</strong> value in the global au<strong>to</strong>motive repair <strong>and</strong> maintenance services<br />
market over the forecast period, exhibiting a <strong>CAGR</strong> <strong>of</strong> 8.6% over the forecast period. This is <strong>at</strong>tributed <strong>to</strong><br />
increasing vehicle parc in this region <strong>and</strong> an under developed road infrastructure in many countries <strong>of</strong><br />
APEJ.<br />
Vendor insights<br />
The global au<strong>to</strong>motive repair <strong>and</strong> maintenance services market report analyses the business<br />
performance including short-term <strong>and</strong> long-term str<strong>at</strong>egies, service <strong>of</strong>ferings, <strong>and</strong> other developments <strong>of</strong><br />
a few <strong>of</strong> the <strong>to</strong>p market players oper<strong>at</strong>ing in the global au<strong>to</strong>motive repair <strong>and</strong> maintenance services<br />
market. The companies pr<strong>of</strong>iled in the report are Asbury <strong>Au<strong>to</strong>motive</strong> Group Inc., Jiffy Lubes Intern<strong>at</strong>ional<br />
Inc., Monro Muffler Brake Inc., Driven Br<strong>and</strong>s Inc., <strong>and</strong> Belron Intern<strong>at</strong>ional Ltd. Mergers <strong>and</strong> acquisitions<br />
seems <strong>to</strong> be the most preferred str<strong>at</strong>egy adopted by several market players <strong>to</strong> exp<strong>and</strong> their global<br />
presence <strong>and</strong> increase market share.<br />
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