Automotive Collision Repair Services Market Introduction
Automotive collision repair services include denting,
repair, painting, replacing, or refurnishing accidentally damaged vehicles.
Collision repair is generally financed by insurance companies under accidental
claims. The workshops have tie-up with the insurance companies to serve the
customers and provide the repair service
Automotive Collision Repair Services Market - Competitive
Landscape
In 2017, Robert Bosch GmbH collaborated with Mitchell Diagnostics
System to develop a diagnostic system for the automotive
collision repair services market. The diagnostic system is
expected to help assess vehicle damage quickly and derive more accurate
results.
Get PDF brochure for
Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=68291
Robert Bosch GmbH
Established in 1886, Robert Bosch GmbH is a major supplier
of automotive parts to the aftermarket. The company has presence in 120
locations worldwide, and it operates through the following major business
segments: Mobility solution, consumer good, industrial technology, energy and
building technology.
3M
Established in 1902, 3M is headquartered in Maplewood,
Minnesota, U.S. The company manufactures and supplies various cleaning and
painting products for the automotive industry. The company operates in various
other business verticals such as healthcare, mining, oil & gas,
construction, and energy. The company has manufacturing plants located in 37
countries around the world.
DENSO CORPORATION
DENSO CORPORATION is a key player that specializes in the
manufacture of automotive parts. It is also a major supplier to the collision
repair service market. It operates through six business segments: Automotive,
biotechnology, industrial systems, healthcare, cold care, and security
products.
ZF Friedrichshafen
Founded in 1915, ZF Friedrichshafen is a leading supplier of
automotive products to the aftermarket industry for collision repair services.
The company has offices in 230 locations spread across 40 countries worldwide.
Automotive Collision Repair Services Market Dynamics
Safety guidelines and traffic rules compliance to
maintain vehicle in good working condition drive the automotive collision
repair services market
The automotive collision repair services market is driven by
compliance and safety guidelines to maintain the vehicle body parts under
operational standards. Standard traffic rules necessitate proper functioning of
the vehicle parts to ensure the road safety, which compels consumers to repair
their vehicle, thereby driving the automotive collision repair market
Increasing penetration of motor insurance and rise in
number of vehicles drive the automotive collision repair services market
Increasing penetration of motor insurance in developing countries
in Latin America and Asia Pacific is likely to boost the automotive collision
repair services market. Rise in consumer affordability and increased awareness
about ‘own damage’ and ‘collision cover’ insurance are estimated to drive the
automotive collision repair services market.
The shift in consumer preference from basic own damage to
collision cover insurance is expected to boost the automotive collision repair
services market. The U.S. has over 250 million vehicles on road, while China
has more than 300 million vehicles. Increased number of vehicles on road has
propelled traffic congestion and raised the chances of dents and scratches,
thereby driving the automotive collision repair services market.
Automotive Collision Repair Services Market Segmentation
Based on service
type, the automotive collision repair services market can be classified into
- Repair
- Paints
- Parts
Based on workshop
type, the automotive collision repair services market can be bifurcated into
- Independent
Garage
- Authorized
Garage
Based on vehicle
type, the automotive collision repair services market can be segregated into
- Passenger
Vehicle
- Light
Commercial Vehicle
- Heavy
Commercial Vehicle
Purchase our Premium
Research Report at: https://www.transparencymarketresearch.com/checkout.php?rep_id=68291<ype=S
This study by TMR is all-encompassing framework of the
dynamics of the market. It mainly comprises critical assessment of consumers'
or customers' journeys, current and emerging avenues, and strategic framework
to enable CXOs take effective decisions.
Our key underpinning
is the 4-Quadrant Framework EIRS that offers detailed visualization of four
elements:
- Customer Experience
Maps
- Insights
and Tools based on data-driven research
- Actionable Results
to meet all the business priorities
- Strategic
Frameworks to boost the growth journey
About Us
TMR has a
track record to provide ace market research solutions that has earned us the
trust of our clients for their business intelligence needs. Serving 13 industry
verticals with a database of over 1,000 reports and 1 million + data points,
our expanse to provide market research solutions is exceptional. We deep dive
for a thorough understanding of the subject, gather precise information, and
then analyze it to present solutions that are par excellence.
Contact:
90 State
Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com
No comments:
Post a Comment