Authorized Car Service Center Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026


Transparency Market Research

$ 5795

Car service center is a place where vehicle owners bring their vehicles for regular maintenance and repair. A car service center holds certification to service cars from its manufacturer; therefore, it is known as an authorized car service center. Authorized car service centers either provide services for vehicles of a particular brand and have tie-ups with OEM car dealers or are a part of a franchisee. Authorized car service centers are large scale workshops with all diagnostic and servicing equipment available in-house.

The global authorized car service center market is projected to expand at a moderate pace during the forecast period owing to high trust of customers on authorized servicing centers and rise in the number of on-road vehicles globally. Most of the authorized service centers have well organized system to deal with customers, thus people prefer authorized car service centers over unauthorized service centers. However, low servicing and repair charges of unauthorized service centers are hampering the authorized service center market. Rise in emphasis on the adoption of electric vehicles globally by governments is anticipated to restrain the authorized car service centers market, as electric vehicles require lesser maintenance as compared to vehicles with internal combustion engines.

The authorized car service center market can be segregated based on authorization, service, service provider, and region. In terms of authorization, the original equipment manufacturer (OEM) authorized service centers segment is anticipated to hold a major share of the global market. Most of the car dealers have their own authorized service centers along with independent OEM authorized service centers which do not have any tie-ups with car dealers; however, they provide services to vehicles of a particular brand.

Based on service, running repair service generates higher revenue than other services provided by service centers. Running repair services are costlier as compare to the other service, thus these generate higher revenue. Parts replacement and repair of powertrain and braking systems are major contributors to the repair services segment.

In terms of service provider, the unibrand segment is anticipated to hold a major share of the market, as most of the OEM authorized service centers and car dealer authorized service centers service vehicles of a single brand. However, the multi-brand segment is expanding at a significant pace. Furthermore, market share of the multi-brand segment is expected to increase during the forecast period due to the entry of numerous car servicing franchisees in the car servicing industry.

Based on region, North America is a leading region, followed by Europe. However, the authorized car service center market in Asia Pacific is anticipated to expand at a rapid pace due to rise in the number of on-road vehicles, primarily in developing economies such as India. The authorized car service center market in China is anticipated to decline owing to restriction on vehicle production to reduce high traffic situations in the country.

Key players in the global authorized car service center market include Volkswagen AG, Robert Bosch GmbH, BMW AG, 3M CAR CARE, and Tilden International, Inc.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.