The Europe Automotive Collision Repair Market would witness market growth of 1.6% CAGR during the forecast period (2021-2027).
Several reasons such as technical improvements causing an increase in the average age of vehicles, an increase in the average miles traveled per vehicle, and an increase in people's awareness of road safety are projected to fuel the expansion of the automotive service market. Furthermore, a surge in used car sales opens up a slew of prospects for important participants in the automotive repair industry.
The most crucial reason to get the car thoroughly inspected and repaired after an accident is to ensure self and others' safety on the road. While the car may appear to be in good working order, internal components could be faulty, resulting in a dangerous malfunction while driving.
The presence of significant automakers, such as Mercedes and BMW, is largely responsible for the region's growth. Furthermore, the region is witnessing high penetration levels of automotive cars with better safety features, as well as the rising penetration of electric and hybrid vehicles. The repair and maintenance market in Germany is growing rapidly as a result of increased R&D expenditure in automobile parts for OEMs and aftermarkets. Automotive collision repair technology assists businesses in optimizing their appraisal and repair processes, allowing them to cut repair cycle time by identifying problems and finding solutions faster.
The Germany market dominated the Europe Automotive Collision Repair Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $17.5 billion by 2027. The UK market is poised to grow at a CAGR of 0.8% during (2021 - 2027). Additionally, The France market would showcase a CAGR of 2.3% during (2021 - 2027).
Based on Product, the market is segmented into Spare Parts, Consumables and Paints & Coatings. Based on Service Channel, the market is segmented into OE, do-it-yourself (DIY), and DIFM. Based on Vehicle Type, the market is segmented into Light-duty Vehicle and Heavy-duty Vehicle. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Automotive Collision Repair Market Size will Hit $208.3 Billion by 2027, at a CAGR of 1.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Automotive Technology Products LLC, International Automotive Components (IAC) Group, 3M Company, Continental AG, Robert Bosch GmbH, Honeywell International, Inc., Denso Corporation, Tenneco, Inc., Magna International, Inc., and Faurecia (Groupe PSA).
Scope of the Study
Market Segments Covered in the Report:
By Product
- Spare Parts
- Consumables
- Paints & Coatings
By Service Channel
- OE
- do-it-yourself (DIY)
- DIFM
By Vehicle Type
- Light-duty Vehicle
- Heavy-duty Vehicle
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Automotive Technology Products LLC
- International Automotive Components (IAC) Group
- 3M Company
- Continental AG
- Robert Bosch GmbH
- Honeywell International, Inc.
- Denso Corporation
- Tenneco, Inc.
- Magna International, Inc.
- Faurecia (Groupe PSA)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Automotive Collision Repair Market, by Product
1.4.2 Europe Automotive Collision Repair Market, by Service Channel
1.4.3 Europe Automotive Collision Repair Market, by Vehicle Type
1.4.4 Europe Automotive Collision Repair Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
Chapter 4. Europe Automotive Collision Repair Market by Product
4.1 Europe Spare Parts Market by Country
4.2 Europe Consumables Market by Country
4.3 Europe Paints & Coatings Market by Country
Chapter 5. Europe Automotive Collision Repair Market by Service Channel
5.1 Europe OE Market by Country
5.2 Europe Do-it-yourself (DIY) Market by Country
5.3 Europe DIFM Market by Country
Chapter 6. Europe Automotive Collision Repair Market by Vehicle Type
6.1 Europe Light-duty Vehicle Market by Country
6.2 Europe Heavy-duty Vehicle Market by Country
Chapter 7. Europe Automotive Collision Repair Market by Country
7.1 Germany Automotive Collision Repair Market
7.1.1 Germany Automotive Collision Repair Market by Product
7.1.2 Germany Automotive Collision Repair Market by Service Channel
7.1.3 Germany Automotive Collision Repair Market by Vehicle Type
7.2 UK Automotive Collision Repair Market
7.2.1 UK Automotive Collision Repair Market by Product
7.2.2 UK Automotive Collision Repair Market by Service Channel
7.2.3 UK Automotive Collision Repair Market by Vehicle Type
7.3 France Automotive Collision Repair Market
7.3.1 France Automotive Collision Repair Market by Product
7.3.2 France Automotive Collision Repair Market by Service Channel
7.3.3 France Automotive Collision Repair Market by Vehicle Type
7.4 Russia Automotive Collision Repair Market
7.4.1 Russia Automotive Collision Repair Market by Product
7.4.2 Russia Automotive Collision Repair Market by Service Channel
7.4.3 Russia Automotive Collision Repair Market by Vehicle Type
7.5 Spain Automotive Collision Repair Market
7.5.1 Spain Automotive Collision Repair Market by Product
7.5.2 Spain Automotive Collision Repair Market by Service Channel
7.5.3 Spain Automotive Collision Repair Market by Vehicle Type
7.6 Italy Automotive Collision Repair Market
7.6.1 Italy Automotive Collision Repair Market by Product
7.6.2 Italy Automotive Collision Repair Market by Service Channel
7.6.3 Italy Automotive Collision Repair Market by Vehicle Type
7.7 Rest of Europe Automotive Collision Repair Market
7.7.1 Rest of Europe Automotive Collision Repair Market by Product
7.7.2 Rest of Europe Automotive Collision Repair Market by Service Channel
7.7.3 Rest of Europe Automotive Collision Repair Market by Vehicle Type
Chapter 8. Company Profiles
8.1 Automotive Technology Products LLC (The Lodi Group)
8.1.1 Company Overview
8.2 International Automotive Components (IAC) Group
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Acquisition and Mergers:
8.2.2.2 Product Launches and Product Expansions:
8.3 3M Company
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.4 Continental AG
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 Robert Bosch GmbH
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.6 SWOT Analysis
8.6 Honeywell International, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional & Segmental Analysis
8.6.4 Research & Development Expenses
8.6.5 SWOT Analysis
8.7 Denso Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.8 Tenneco, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional & Segmental Analysis
8.8.4 Research & Development Expenses
8.9 Magna International, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional & Segmental Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Acquisition and Mergers:
8.10. Faurecia (Groupe PSA)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional & Segmental Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Partnerships, Collaborations, and Agreements:
TABLE 1 Europe Automotive Collision Repair Market, 2017 - 2020, USD Million
TABLE 2 Europe Automotive Collision Repair Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Automotive Collision Repair Market
TABLE 4 Product Launches And Product Expansions– Automotive Collision Repair Market
TABLE 5 Acquisition and Mergers– Automotive Collision Repair Market
TABLE 6 Geographical Expansions – Automotive Collision Repair Market
TABLE 7 Europe Automotive Collision Repair Market by Product, 2017 - 2020, USD Million
TABLE 8 Europe Automotive Collision Repair Market by Product, 2021 - 2027, USD Million
TABLE 9 Europe Spare Parts Market by Country, 2017 - 2020, USD Million
TABLE 10 Europe Spare Parts Market by Country, 2021 - 2027, USD Million
TABLE 11 Europe Consumables Market by Country, 2017 - 2020, USD Million
TABLE 12 Europe Consumables Market by Country, 2021 - 2027, USD Million
TABLE 13 Europe Paints & Coatings Market by Country, 2017 - 2020, USD Million
TABLE 14 Europe Paints & Coatings Market by Country, 2021 - 2027, USD Million
TABLE 15 Europe Automotive Collision Repair Market by Service Channel, 2017 - 2020, USD Million
TABLE 16 Europe Automotive Collision Repair Market by Service Channel, 2021 - 2027, USD Million
TABLE 17 Europe OE Market by Country, 2017 - 2020, USD Million
TABLE 18 Europe OE Market by Country, 2021 - 2027, USD Million
TABLE 19 Europe Do-it-yourself (DIY) Market by Country, 2017 - 2020, USD Million
TABLE 20 Europe Do-it-yourself (DIY) Market by Country, 2021 - 2027, USD Million
TABLE 21 Europe DIFM Market by Country, 2017 - 2020, USD Million
TABLE 22 Europe DIFM Market by Country, 2021 - 2027, USD Million
TABLE 23 Europe Automotive Collision Repair Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 24 Europe Automotive Collision Repair Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 25 Europe Light-duty Vehicle Market by Country, 2017 - 2020, USD Million
TABLE 26 Europe Light-duty Vehicle Market by Country, 2021 - 2027, USD Million
TABLE 27 Europe Heavy-duty Vehicle Market by Country, 2017 - 2020, USD Million
TABLE 28 Europe Heavy-duty Vehicle Market by Country, 2021 - 2027, USD Million
TABLE 29 Europe Automotive Collision Repair Market by Country, 2017 - 2020, USD Million
TABLE 30 Europe Automotive Collision Repair Market by Country, 2021 - 2027, USD Million
TABLE 31 Germany Automotive Collision Repair Market, 2017 - 2020, USD Million
TABLE 32 Germany Automotive Collision Repair Market, 2021 - 2027, USD Million
TABLE 33 Germany Automotive Collision Repair Market by Product, 2017 - 2020, USD Million
TABLE 34 Germany Automotive Collision Repair Market by Product, 2021 - 2027, USD Million
TABLE 35 Germany Automotive Collision Repair Market by Service Channel, 2017 - 2020, USD Million
TABLE 36 Germany Automotive Collision Repair Market by Service Channel, 2021 - 2027, USD Million
TABLE 37 Germany Automotive Collision Repair Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 38 Germany Automotive Collision Repair Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 39 UK Automotive Collision Repair Market, 2017 - 2020, USD Million
TABLE 40 UK Automotive Collision Repair Market, 2021 - 2027, USD Million
TABLE 41 UK Automotive Collision Repair Market by Product, 2017 - 2020, USD Million
TABLE 42 UK Automotive Collision Repair Market by Product, 2021 - 2027, USD Million
TABLE 43 UK Automotive Collision Repair Market by Service Channel, 2017 - 2020, USD Million
TABLE 44 UK Automotive Collision Repair Market by Service Channel, 2021 - 2027, USD Million
TABLE 45 UK Automotive Collision Repair Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 46 UK Automotive Collision Repair Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 47 France Automotive Collision Repair Market, 2017 - 2020, USD Million
TABLE 48 France Automotive Collision Repair Market, 2021 - 2027, USD Million
TABLE 49 France Automotive Collision Repair Market by Product, 2017 - 2020, USD Million
TABLE 50 France Automotive Collision Repair Market by Product, 2021 - 2027, USD Million
TABLE 51 France Automotive Collision Repair Market by Service Channel, 2017 - 2020, USD Million
TABLE 52 France Automotive Collision Repair Market by Service Channel, 2021 - 2027, USD Million
TABLE 53 France Automotive Collision Repair Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 54 France Automotive Collision Repair Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 55 Russia Automotive Collision Repair Market, 2017 - 2020, USD Million
TABLE 56 Russia Automotive Collision Repair Market, 2021 - 2027, USD Million
TABLE 57 Russia Automotive Collision Repair Market by Product, 2017 - 2020, USD Million
TABLE 58 Russia Automotive Collision Repair Market by Product, 2021 - 2027, USD Million
TABLE 59 Russia Automotive Collision Repair Market by Service Channel, 2017 - 2020, USD Million
TABLE 60 Russia Automotive Collision Repair Market by Service Channel, 2021 - 2027, USD Million
TABLE 61 Russia Automotive Collision Repair Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 62 Russia Automotive Collision Repair Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 63 Spain Automotive Collision Repair Market, 2017 - 2020, USD Million
TABLE 64 Spain Automotive Collision Repair Market, 2021 - 2027, USD Million
TABLE 65 Spain Automotive Collision Repair Market by Product, 2017 - 2020, USD Million
TABLE 66 Spain Automotive Collision Repair Market by Product, 2021 - 2027, USD Million
TABLE 67 Spain Automotive Collision Repair Market by Service Channel, 2017 - 2020, USD Million
TABLE 68 Spain Automotive Collision Repair Market by Service Channel, 2021 - 2027, USD Million
TABLE 69 Spain Automotive Collision Repair Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 70 Spain Automotive Collision Repair Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 71 Italy Automotive Collision Repair Market, 2017 - 2020, USD Million
TABLE 72 Italy Automotive Collision Repair Market, 2021 - 2027, USD Million
TABLE 73 Italy Automotive Collision Repair Market by Product, 2017 - 2020, USD Million
TABLE 74 Italy Automotive Collision Repair Market by Product, 2021 - 2027, USD Million
TABLE 75 Italy Automotive Collision Repair Market by Service Channel, 2017 - 2020, USD Million
TABLE 76 Italy Automotive Collision Repair Market by Service Channel, 2021 - 2027, USD Million
TABLE 77 Italy Automotive Collision Repair Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 78 Italy Automotive Collision Repair Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 79 Rest of Europe Automotive Collision Repair Market, 2017 - 2020, USD Million
TABLE 80 Rest of Europe Automotive Collision Repair Market, 2021 - 2027, USD Million
TABLE 81 Rest of Europe Automotive Collision Repair Market by Product, 2017 - 2020, USD Million
TABLE 82 Rest of Europe Automotive Collision Repair Market by Product, 2021 - 2027, USD Million
TABLE 83 Rest of Europe Automotive Collision Repair Market by Service Channel, 2017 - 2020, USD Million
TABLE 84 Rest of Europe Automotive Collision Repair Market by Service Channel, 2021 - 2027, USD Million
TABLE 85 Rest of Europe Automotive Collision Repair Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 86 Rest of Europe Automotive Collision Repair Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 87 Key Information – Automotive Technology Products LLC
TABLE 88 Key Information – International Automotive Components (IAC) Group
TABLE 89 Key Information – 3M Company
TABLE 90 Key Information – Continental AG
TABLE 91 key information – Robert Bosch GmbH
TABLE 92 Key information – Honeywell International, Inc.
TABLE 93 key information – Denso Corporation
TABLE 94 Key information – Tenneco, Inc.
TABLE 95 Key Information – Magna International, Inc.
TABLE 96 Key information – Faurecia
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Recent strategies and developments: International Automotive Components (IAC) Group
FIG 5 Recent strategies and developments: 3M Company
FIG 6 SWOT Analysis: Continental AG
FIG 7 Swot analysis: Robert bosch gmbh
FIG 8 Swot analysis: Honeywell international, inc.