13.04.2017 Views

Automotive Collision Repair Market to exceed $200bn by 2022

Get More Information @ http://bit.ly/2oBz0em Rising demand to enhance efficiency, repair quality and profitability in medium and large workshops will drive the global automotive collision repair market size in the coming years.

Get More Information @ http://bit.ly/2oBz0em
Rising demand to enhance efficiency, repair quality and profitability in medium and large workshops will drive the global automotive collision repair market size in the coming years.

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Light duty vehicle repair demand will surpass USD 150 billion <strong>by</strong> <strong>2022</strong>. Fuel<br />

economy initiatives <strong>by</strong> OEMs and regula<strong>to</strong>ry bodies are also set <strong>to</strong> augment vehicle<br />

sales and provide a growth platform for the industry.<br />

Germany au<strong>to</strong>motive collision repair market size, <strong>by</strong> vehicle, 2012-<strong>2022</strong> (USD<br />

Billion)<br />

Companies operating in the industry include 3M, ABRA Au<strong>to</strong> Body & Glass, BASF,<br />

Continental, Service King, Caliber <strong>Collision</strong>, etc. The industry is highly fragmented<br />

due <strong>to</strong> the presence of several authorized, independent, and medium and small<br />

workshops which provide low cost damage restructuring services.<br />

Germany au<strong>to</strong>motive collision repair market share is estimated <strong>to</strong> exhibit 2% CAGR<br />

over the forecast timespan. Advancements in adopting new methods for damage<br />

restructuring jobs in services and supplementary products for painting, denting and<br />

bodyworks will support industry demand. APAC is set <strong>to</strong> benefit from considerable<br />

au<strong>to</strong>mobile sales, which increase the addressable au<strong>to</strong>motive collision repair market<br />

potential. Economically stabilizing regions have witnessed slow adoption rates of<br />

advanced safety technologies. India au<strong>to</strong>motive collision repair market growth will<br />

see demand for crash restructurings.<br />

Segmentation of <strong>Au<strong>to</strong>motive</strong> <strong>Collision</strong> <strong>Repair</strong> <strong>Market</strong>:<br />

<strong>Au<strong>to</strong>motive</strong> collision repair market research report includes in-depth coverage of the<br />

industry with estimates & forecast in terms of revenue in USD billion from 2012 <strong>to</strong><br />

<strong>2022</strong>, for the following segments:<br />

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