Reports and Data has published a novel research report titled, “Global Automotive Service Market-Industry Analysis, Size, Share, Growth, Trends, and Forecast 2021-2028”. The report offers a comprehensive analysis of the Automotive Service industry including recent development the market and emerging trends to help users, readers, and investors to understand market scenario and make investment plans accordingly. The report offers details about market size, market share, revenue growth, drivers, restraints, opportunities and challenges. The report is formulated through extensive research which is verified by experts in the industry.
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The global Automotive Service market is expected to account for robust revenue share over the forecast period owing to factors such as rapidly evolving ICT sector, increasing deployment of ICT devices and services in commercial, industrial as well as residential settings, and high focus on developing advanced products. ICT services are significantly gaining traction in various sectors including agriculture, healthcare and pharmaceutical, IT, and BFSI. Other factors such as increasing adoption of cloud based services, rising concerns about data security and large data management, growing demand for smartphones, computers, laptops and rising disposable income are expected to fuel global market revenue growth during the forecast period.
The report also focuses on details of each market player including its global position, financial standing, company overview, product service portfolio, and revenue generation. The global Automotive Service market is extremely competitive and consists of several key players at regional and global level. These players are focusing on various strategies such as investments in RD, new product launches, mergers and acquisitions, partnerships, joint ventures and collaborations to strengthen their market position.
Leading companies operating in the market are:
Arnold Clark Automobiles Limited, Driven Brands, Inc., Ashland Automotive, Inc., Asbury Automotive Group, Inc., Belron International Ltd., Carmax Autocare Center, Jiffy Lube International, Inc., Goodyear Tire Rubber Company, Halfords Group Plc., Firestone Complete Auto Care
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Global Automotive Service Market Segmentation:
Parts Outlook (Volume, Thousand Units; and Revenue, USD Million; 2018-2028)
- Wear and tear parts
- Collision body
Service Type Outlook (Volume, Thousand Units; and Revenue, USD Million; 2018-2028)
- Car Maintenance Services
- Car Repair Service
Application Outlook (Volume, Thousand Units; and Revenue, USD Million; 2018-2028)
- Passenger vehicle
- Commercial vehicle
Technology Outlook (Volume, Thousand Units; and Revenue, USD Million; 2018-2028)
Service provider Outlook (Volume, Thousand Units; and Revenue, USD Million; 2018-2028)
- Automobile dealerships
- General franchise repairs
- Specialty shops
- Locally owned repair Shops
The report offers in depth analysis of leading regions categorized into North America, Europe, Asia Pacific, Latin America and Middle East Africa.
Regional Analysis covers:
- North America
- Rest of EU
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of Latin America
- Middle East Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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Key questions addressed in the report:
- What are the key outcomes of Porter’s Five Force analysis?
- What CAGR is the global Automotive Service market expected to register during the forecast period?
- Who are the key players operating in the global Automotive Service market?
- What are the key factors that are expected to boost market growth between 2021 and 2028?
- Which key factors are expected to hamper overall market growth?
- What is the expected market size of Automotive Service market between 2021 and 2028?
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