The global automotive service market is projected to grow significantly, with an increase from $771.60 billion in 2026 to $978.15 billion by 2034. This growth represents a compound annual growth rate (CAGR) of 3.0% during the forecast period.
The automotive repair and maintenance services market size was valued at USD 779.3 billion in 2024 and is estimated to register a CAGR of 5.7% between 2025 and 2034, driven by the increasing vehicle complexity and integration of electronic control units.
The United States Automotive Service Market worth USD 211.14 billion in 2026 is growing at a CAGR of 5.9% to reach USD 281.23 billion by 2031. Monro Inc., Firestone Complete Auto Care, Jiffy Lube International, Inc., Valvoline Instant Oil Change and Goodyear Auto Service are the major companies operating in this market.
Explore auto repair franchise vs independent auto repair business, learn how the franchise model works, pros and cons, and key steps to start a successful auto repair shop.
The first half of 2025 (“H1 2025”) brought a complex mix of pressures for collision repair operators nationwide. Elevated total loss rates continue to shrink the pool of repairable vehicles, with nearly one in four appraisals now resulting in a total loss—a trend driven by rising repair costs, aging fleets, and declining used-vehicle values.
Focus Advisors anticipates a continuation of significant consolidation in the collision repair industry this year. Senior Associate Madeleine Roberts Rich wrote in a report released last week that the 'Big Five' now hold 30% of the market share.
Discover how AI-powered diagnostics, predictive maintenance, and robotics are reshaping auto service - from fleet efficiency to daily repairs.
The automotive landscape has shifted dramatically. Customer experience (CX) has become the magic differentiator that converts browsers into buyers and first-time customers into lifelong advocates.
Explore four key trends reshaping the automotive aftersales landscape in 2025—from the rise of EVs and AI-driven service intelligence to evolving customer expectations and loyalty-boosting service models.
This page discusses how the integration of artificial intelligence (AI) and automation is reshaping various economic sectors, particularly in the context of franchising. It emphasizes the importance for prospective franchisees to consider whether their chosen franchise is leveraging these technologies effectively.
The global automotive repair & maintenance services market is positioned for sustained expansion from 2025 to 2035, supported by the growing demand for vehicle upkeep and technological advancements. This report highlights key trends, market drivers, and forecasts for the industry over the next decade.