PUBLISHER: TechNavio | PRODUCT CODE: 1657214
PUBLISHER: TechNavio | PRODUCT CODE: 1657214
The automotive service market in US is forecasted to grow by USD 81 billion during 2024-2029, accelerating at a CAGR of 9% during the forecast period. The report on the automotive service market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing vehicle population, growth of automotive post-sale service, and upgradation of vehicle components.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 8.5% |
CAGR | 9% |
Incremental Value | $81 bn |
Technavio's automotive service market in US is segmented as below:
By Type
By Vehicle Type
By Propulsion
By Geographical Landscape
This study identifies the increasing vehicle digitization and electrification as one of the prime reasons driving the automotive service market in US growth during the next few years. Also, inorganic strategies by companies in automotive service in US and increasing automotive safety norms will lead to sizable demand in the market.
The report on the automotive service market in US covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive service market in US vendors that include Alloy Wheel Repair Specialists LLC, Automotive Service Center, AutoNation Inc., Belle Tire Distributors Inc., Caliber Holdings LLC, Drivers Tire and Service Center, Firestone Complete Auto Care, Hyundai Motor Co., Jiffy Lube International Inc., Mavis Tires and Brakes, Meineke Car Care Centers LLC., Michelin Group, Monro Inc., Nissan Motor Co. Ltd., Pep Boys, Safelite Group Inc., The Goodyear Tire and Rubber Co., Toyota Motor Corp., USA Automotive, and Walmart Inc.. Also, the automotive service market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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