PUBLISHER: Grand View Research | PRODUCT CODE: 1530487
PUBLISHER: Grand View Research | PRODUCT CODE: 1530487
"2030 transmission repair market value to reach USD 274.80 billion."
Transmission Repair Market Size & Trends
The global transmission repair market size was estimated at USD 222.96 billion in 2023 and is estimated to grow at a CAGR of 3.1% from 2024 to 2030. This growth is primarily driven by the increasing complexity of vehicle transmission systems and the rising number of vehicles on the road, necessitating specialized repair services.
As vehicles become more technologically advanced, the need for specialized repair services has surged, necessitating skilled technicians who can address intricate issues effectively. This complexity not only heightens the frequency of repairs but also enhances consumer awareness about the importance of maintaining transmission integrity to ensure optimal vehicle performance and longevity. Consequently, the demand for comprehensive transmission repair services continues to rise, fueling market expansion.
Global Transmission Repair Market Report Segmentation
This report forecasts revenue growth at global, country, and regional levels and provides an analysis of the latest trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global transmission repair market report based on repair type, vehicle type, component, and region:
U.S.
Canada
Mexico
Germany
UK
Spain
France
Italy
China
India
Japan
South Korea
Brazil
Argentina
Saudi Arabia
UAE
South Africa