- July 2020 |
- Automotive & Transportation / Automotive
Global Collision Repair Market Size, By Service Type (Paints, Parts, and Repair), By Workshop Type (Authorized Garage and Independent Garage), By Vehicle Type (Light Commercial Vehicle, Passenger Vehicle, and Heavy Commercial Vehicle), By Region (North America, Europe, Asia Pacific, South America, and the Middle East & Africa), Trend Analysis, Market Competition Scenario & Outlook, 2020-2027
The Global Collision Repair Market was worth USD 181.52 billion in 2019 and is estimated USD 237.19 billion by 2027, at a CAGR of 3.4 % during the projected period. Progressive tools and technology growth in automotive collision repair products will enhance the market request. Road traffic injuries are the foremost reasons for increasing human fatalities amidst rapid and increased motorization and transportation for the swelling population. The lack of severe safety measures and applicable guidelines in developing...