Report Scope & Overview
The Automotive Collision Repair Market size is expected to reach USD 222.23 Bn by 2030 and is valued at USD 194.20 Bn in 2022, the CAGR recorded was 1.7% over the forecast period of 2023-2030.
The restoration of automobiles that have been damaged in crashes or accidents is the focus of the specialised field of automotive collision repair, often known as auto body repair. The objective is to get the car back to its pre-accident state in terms of operation and appearance. A comprehensive evaluation of the damage is the first stage in collision repair. To assess the severity of the damage, the exterior, frame, structural elements, and mechanical systems of the vehicle must be inspected. For accuracy, modern diagnostic equipment like computerised measurement systems is frequently utilised. Based on the damage assessment, a breakdown of the repairs required and their associated costs is generated as part of the estimate. The frame or other structural elements of the car are straightened and repaired using specialised equipment if they are damaged. The safety and integrity of the car depend on this. When it comes to body repair, damaged body panels including doors, fenders, bumpers, and hoods are repaired or replaced. To repair the vehicle's look, skilled experts employ a variety of methods, including dent removal, welding, and painting. The car is ready for painting when body repairs are finished. Sanding, priming, and masking off the sections that should not be painted are all part of this process. An exact colour match and smooth finish are achieved using cutting-edge paint mixing and spraying technology. To make sure that all repairs adhere to industry standards and do not jeopardise the vehicle's performance or safety, quality control procedures are put in place.
Test drives and in-depth inspections are frequently part of this. The car is cleaned and detailed once all repairs are made to give it a polished look. This entails polishing the outside, cleaning the interior, and checking that all the parts are functional. It is crucial to maintain open lines of communication with the car's owner during the repair procedure. The owner should be informed on any updates, unforeseen problems, and anticipated completion dates by the technicians. To streamline the claims procedure, many collision repair shops collaborate directly with insurance providers. On behalf of the owner of the vehicle, they might haggle over repair prices and deal with documentation.
Market Dynamics:
Driver
The need of an hour for the collision repair
A damaged car must be repaired in order to be roadworthy and meet safety regulations. This is essential for the safety of the drivers and other road users in the vehicle. A vehicle's structural integrity is restored by collision repair. By doing this, it is ensured that the car can handle the forces and strains involved in both normal driving and potential accident scenarios. After an accident, a car that has been properly repaired often retains a better resale value than one that has not. Vehicles with a clear accident history and verified repairs are frequently worth more to buyers. By removing dents, scratches, and other cosmetic damage, collision repair restores the vehicle's appearance. This improves the car's appearance and owner pride.
Restrain
The high cost associated with the tools and technologies
Opportunity
The rising initiatives taken by governments and private organizations for the environment sustainability.
In order to properly repair a collision, hazardous materials like paint and solvents must be disposed of in accordance with the law. This lessens the repair process' impact on the environment.
Challenge
The lack of skilled labours.
Impact of Recession
If they are struggling financially during a recession, car owners might be more likely to put off or skip repairs. The number of claims made for collision repairs may also be impacted by the fact that some insurance policyholders may lower their coverage in an effort to save money. Consumers may become more price-sensitive and look for less expensive repair solutions during uncertain economic times. This may put financial pressure on collision repair facilities to reduce their pricing or provide specials. Recessions can cause supply chains for automotive materials and parts to break down, delaying the delivery of the parts required for repairs. This may increase the length of repairs and decrease client satisfaction.
Impact of Russia Ukraine War:
Collision repair firms might have trouble obtaining the supplies they need for repairs if the war delays supply chains for automobile parts and materials. Longer repair periods may result from this, and satisfying consumer needs may become more difficult. Changes in energy and commodity prices can be caused by geopolitical instability, such as the conflict between Russia and Ukraine. This may have an effect on the whole cost of running a collision repair facility, which includes the price of gasoline, electricity, and raw supplies. The war may have an impact on them, which may have an impact on the price of imported vehicle parts and materials. The price of procuring imported components may rise if the local currency declines in value in comparison to the major trade currencies.
Market Segmentation
By Product
Paints & Coatings
Consumables
Spare Parts
By Vehicle Type
Light-duty vehicle
Heavy-duty vehicle
By Service Channel
DIY
DIFM
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Regional Coverage
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Key Players
The major key players are 3M, Automotive Technology products, Continental AG, Denso Corporation, Faurecia, Federal-Mogul LLC, Honeywell International, Johnson Controls, Mitsuba Corp, Robert Bosch and others.
Regional Analysis:
One of the biggest markets for accident repairs is found in the United States. It is distinguished by a mixture of sizable multi-shop operators (MSOs) and independent repair shops. Strict regulatory requirements and company strategies that depend on insurance are typical. There is a growing emphasis on cutting-edge technology, including ADAS calibration. The Canadian market is comparable to the American market, however there are regional differences in insurance practises and legislation. In urban regions, the market is more likely to be concentrated.
Western Europe has a developed collision repair industry with a focus on quality and environmental standards. Particularly in Germany, high quality standards are renowned. A growing emphasis is also being placed on fixing electric vehicles. While the collision repair industry is expanding in Eastern European nations.
APAC is the region which will be having the highest CAGR growth rate because as more people in China own cars, the market for accident repair is expanding quickly. High-quality repair services are in greater demand than ever, particularly in urban areas. Technology-wise, the collision repair industry is predicted to advance.
Recent developments
Continental AG – The company has started the production of its most sustainable tires @Ultra Contact NXT in volume.
Faurecia- The company have announced a strategic partnership with Renault group in order to increase the aftersales services in automotive industry.
| Report Attributes | Details |
| Market Size in 2022 | US$ 194.20 Bn |
| Market Size by 2030 | US$ 222.23 Bn |
| CAGR | CAGR of 1.7 % From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2019-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Product (Paints & Coatings, Consumables, Spare Parts), • by Vehicle Type (Light-duty vehicle, Heavy-duty vehicle), • by Service Channel (DIY, DIFM, OEM), |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | 3M, Automotive Technology products, Continental AG, Denso Corporation, Faurecia, Federal-Mogul LLC, Honeywell International, Johnson Controls, Mitsuba Corp, Robert Bosch |
| Key Drivers | • The need of an hour for the collision repair |
| Market Restraints | • The high cost associated with the tools and technologies |
Ans: The Automotive Collision Repair Market is expected to grow at a CAGR of 1.7 %.
Ans: The Automotive Collision Repair Market size was USD 194.20 billion in 2022 and is expected to Reach USD 222.23 billion by 2030.
The rising initiatives taken by governments and private organizations for the environment sustainability.
The lack of skilled labours.
Ans: If they are struggling financially during a recession, car owners might be more likely to put off or skip repairs.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Russia-Ukraine war
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Automotive Collision Repair Market, By Product
8.1 Paints & Coatings
8.2 Consumables
8.3 Spare Parts
9. Automotive Collision Repair Market, By Vehicle Type
9.1 Light-duty vehicle
9.2 Heavy-duty vehicle
10. Automotive Collision Repair Market, By Service Channel
10.1 DIY
10.2 DIFM
10.3 OEM
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Automotive Collision Repair Market by Country
11.2.2North America Automotive Collision Repair Market by Product
11.2.3 North America Automotive Collision Repair Market by Vehicle Type
11.2.4 North America Automotive Collision Repair Market by Service Channel
11.2.5 USA
11.2.5.1 USA Automotive Collision Repair Market by Product
11.2.5.2 USA Automotive Collision Repair Market by Vehicle Type
11.2.5.3 USA Automotive Collision Repair Market by Service Channel
11.2.6 Canada
11.2.6.1 Canada Automotive Collision Repair Market by Product
11.2.6.2 Canada Automotive Collision Repair Market by Vehicle Type
11.2.6.3 Canada Automotive Collision Repair Market by Service Channel
11.2.7 Mexico
11.2.7.1 Mexico Automotive Collision Repair Market by Product
11.2.7.2 Mexico Automotive Collision Repair Market by Vehicle Type
11.2.7.3 Mexico Automotive Collision Repair Market by Service Channel
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Automotive Collision Repair Market by country
11.3.1.2 Eastern Europe Automotive Collision Repair Market by Product
11.3.1.3 Eastern Europe Automotive Collision Repair Market by Vehicle Type
11.3.1.4 Eastern Europe Automotive Collision Repair Market by Service Channel
11.3.1.5 Poland
11.3.1.5.1 Poland Automotive Collision Repair Market by Product
11.3.1.5.2 Poland Automotive Collision Repair Market by Vehicle Type
11.3.1.5.3 Poland Automotive Collision Repair Market by Service Channel
11.3.1.6 Romania
11.3.1.6.1 Romania Automotive Collision Repair Market by Product
11.3.1.6.2 Romania Automotive Collision Repair Market by Vehicle Type
11.3.1.6.4 Romania Automotive Collision Repair Market by Service Channel
11.3.1.7 Turkey
11.3.1.7.1 Turkey Automotive Collision Repair Market by Product
11.3.1.7.2 Turkey Automotive Collision Repair Market by Vehicle Type
11.3.1.7.3 Turkey Automotive Collision Repair Market by Service Channel
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Automotive Collision Repair Market by Product
11.3.1.8.2 Rest of Eastern Europe Automotive Collision Repair Market by Vehicle Type
11.3.1.8.3 Rest of Eastern Europe Automotive Collision Repair Market by Service Channel
11.3.2 Western Europe
11.3.2.1 Western Europe Automotive Collision Repair Market by Country
11.3.2.2 Western Europe Automotive Collision Repair Market by Product
11.3.2.3 Western Europe Automotive Collision Repair Market by Vehicle Type
11.3.2.4 Western Europe Automotive Collision Repair Market by Service Channel
11.3.2.5 Germany
11.3.2.5.1 Germany Automotive Collision Repair Market by Product
11.3.2.5.2 Germany Automotive Collision Repair Market by Vehicle Type
11.3.2.5.3 Germany Automotive Collision Repair Market by Service Channel
11.3.2.6 France
11.3.2.6.1 France Automotive Collision Repair Market by Product
11.3.2.6.2 France Automotive Collision Repair Market by Vehicle Type
11.3.2.6.3 France Automotive Collision Repair Market by Service Channel
11.3.2.7 UK
11.3.2.7.1 UK Automotive Collision Repair Market by Product
11.3.2.7.2 UK Automotive Collision Repair Market by Vehicle Type
11.3.2.7.3 UK Automotive Collision Repair Market by Service Channel
11.3.2.8 Italy
11.3.2.8.1 Italy Automotive Collision Repair Market by Product
11.3.2.8.2 Italy Automotive Collision Repair Market by Vehicle Type
11.3.2.8.3 Italy Automotive Collision Repair Market by Service Channel
11.3.2.9 Spain
11.3.2.9.1 Spain Automotive Collision Repair Market by Product
11.3.2.9.2 Spain Automotive Collision Repair Market by Vehicle Type
11.3.2.9.3 Spain Automotive Collision Repair Market by Service Channel
11.3.2.10 Netherlands
11.3.2.10.1 Netherlands Automotive Collision Repair Market by Product
11.3.2.10.2 Netherlands Automotive Collision Repair Market by Vehicle Type
11.3.2.10.3 Netherlands Automotive Collision Repair Market by Service Channel
11.3.2.11 Switzerland
11.3.2.11.1 Switzerland Automotive Collision Repair Market by Product
11.3.2.11.2 Switzerland Automotive Collision Repair Market by Vehicle Type
11.3.2.11.3 Switzerland Automotive Collision Repair Market by Service Channel
11.3.2.1.12 Austria
11.3.2.12.1 Austria Automotive Collision Repair Market by Product
11.3.2.12.2 Austria Automotive Collision Repair Market by Vehicle Type
11.3.2.12.3 Austria Automotive Collision Repair Market by Service Channel
11.3.2.13 Rest of Western Europe
11.3.2.13.1 Rest of Western Europe Automotive Collision Repair Market by Product
11.3.2.13.2 Rest of Western Europe Automotive Collision Repair Market by Vehicle Type
11.3.2.13.3 Rest of Western Europe Automotive Collision Repair Market by Service Channel
11.4 Asia-Pacific
11.4.1 Asia-Pacific Automotive Collision Repair Market by country
11.4.2 Asia-Pacific Automotive Collision Repair Market by Product
11.4.3 Asia-Pacific Automotive Collision Repair Market by Vehicle Type
11.4.4 Asia-Pacific Automotive Collision Repair Market by Service Channel
11.4.5 China
11.4.5.1 China Automotive Collision Repair Market by Product
11.4.5.2 China Automotive Collision Repair Market by Service Channel
11.4.5.3 China Automotive Collision Repair Market by Vehicle Type
11.4.6 India
11.4.6.1 India Automotive Collision Repair Market by Product
11.4.6.2 India Automotive Collision Repair Market by Vehicle Type
11.4.6.3 India Automotive Collision Repair Market by Service Channel
11.4.7 Japan
11.4.7.1 Japan Automotive Collision Repair Market by Product
11.4.7.2 Japan Automotive Collision Repair Market by Vehicle Type
11.4.7.3 Japan Automotive Collision Repair Market by Service Channel
11.4.8 South Korea
11.4.8.1 South Korea Automotive Collision Repair Market by Product
11.4.8.2 South Korea Automotive Collision Repair Market by Vehicle Type
11.4.8.3 South Korea Automotive Collision Repair Market by Service Channel
11.4.9 Vietnam
11.4.9.1 Vietnam Automotive Collision Repair Market by Product
11.4.9.2 Vietnam Automotive Collision Repair Market by Vehicle Type
11.4.9.3 Vietnam Automotive Collision Repair Market by Service Channel
11.4.10 Singapore
11.4.10.1 Singapore Automotive Collision Repair Market by Product
11.4.10.2 Singapore Automotive Collision Repair Market by Vehicle Type
11.4.10.3 Singapore Automotive Collision Repair Market by Service Channel
11.4.11 Australia
11.4.11.1 Australia Automotive Collision Repair Market by Product
11.4.11.2 Australia Automotive Collision Repair Market by Vehicle Type
11.4.11.3 Australia Automotive Collision Repair Market by Service Channel
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Automotive Collision Repair Market by Product
11.4.12.2 Rest of Asia-Pacific Automotive Collision Repair Market by Vehicle Type
11.4.12.3 Rest of Asia-Pacific Automotive Collision Repair Market by Service Channel
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Automotive Collision Repair Market by country
11.5.1.2 Middle East Automotive Collision Repair Market by Product
11.5.1.3 Middle East Automotive Collision Repair Market by Vehicle Type
11.5.1.4 Middle East Automotive Collision Repair Market by Service Channel
11.5.1.5 UAE
11.5.1.5.1 UAE Automotive Collision Repair Market by Product
11.5.1.5.2 UAE Automotive Collision Repair Market by Vehicle Type
11.5.1.5.3 UAE Automotive Collision Repair Market by Service Channel
11.5.1.6 Egypt
11.5.1.6.1 Egypt Automotive Collision Repair Market by Product
11.5.1.6.2 Egypt Automotive Collision Repair Market by Vehicle Type
11.5.1.6.3 Egypt Automotive Collision Repair Market by Service Channel
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Automotive Collision Repair Market by Product
11.5.1.7.2 Saudi Arabia Automotive Collision Repair Market by Vehicle Type
11.5.1.7.3 Saudi Arabia Automotive Collision Repair Market by Service Channel
11.5.1.8 Qatar
11.5.1.8.1 Qatar Automotive Collision Repair Market by Product
11.5.1.8.2 Qatar Automotive Collision Repair Market by Vehicle Type
11.5.1.8.3 Qatar Automotive Collision Repair Market by Service Channel
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Automotive Collision Repair Market by Product
11.5.1.9.2 Rest of Middle East Automotive Collision Repair Market by Vehicle Type
11.5.1.9.3 Rest of Middle East Automotive Collision Repair Market by Service Channel
11.5.2 Africa
11.5.2.1 Africa Transfusion Diagnostics Market by country
11.5.2.2 Africa Automotive Collision Repair Market by Product
11.5.2.3 Africa Automotive Collision Repair Market by Vehicle Type
11.5.2.4 Africa Automotive Collision Repair Market by Service Channel
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Automotive Collision Repair Market by Product
11.5.2.5.2 Nigeria Automotive Collision Repair Market by Vehicle Type
11.5.2.5.3 Nigeria Automotive Collision Repair Market by Service Channel
11.5.2.6 South Africa
11.5.2.6.1 South Africa Automotive Collision Repair Market by Product
11.5.2.6.2 South Africa Automotive Collision Repair Market by Vehicle Type
11.5.2.6.3 South Africa Automotive Collision Repair Market by Service Channel
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Automotive Collision Repair Market by Product
11.5.2.7.2 Rest of Africa Automotive Collision Repair Market by Vehicle Type
11.5.2.7.3 Rest of Africa Automotive Collision Repair Market by Service Channel
11.6 Latin America
11.6.1 Latin America Automotive Collision Repair Market by country
11.6.2 Latin America Automotive Collision Repair Market by Product Type
11.6.3 Latin America Automotive Collision Repair Market by Vehicle Type
11.6.4 Latin America Automotive Collision Repair Market by Service Channel
11.6.5 Brazil
11.6.5.1 Brazil America Automotive Collision Repair by Product Type
11.6.5.2 Brazil America Automotive Collision Repair by Vehicle Type
11.6.5.3 Brazil America Automotive Collision Repair by Service Channel
11.6.6 Argentina
11.6.6.1 Argentina America Automotive Collision Repair by Product Type
11.6.6.2 Argentina America Automotive Collision Repair by Vehicle Type
11.6.6.3 Argentina America Automotive Collision Repair by Service Channel
11.6.7 Colombia
11.6.7.1 Colombia America Automotive Collision Repair by Product Type
11.6.7.2 Colombia America Automotive Collision Repair by Vehicle Type
11.6.7.3 Colombia America Automotive Collision Repair by Service Channel
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Automotive Collision Repair by Product Type
11.6.8.2 Rest of Latin America Automotive Collision Repair by Vehicle Type
11.6.8.3 Rest of Latin America Automotive Collision Repair by Service Channel
12 Company Profile
12.1 3M
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Automotive Technology products
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Continental AG
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Denso Corporation
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Faurecia
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Federal-Mogul LLC
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Honeywell International
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Johnson Controls
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Mitsuba Corp
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Robert Bosch
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Bench marking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
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