Global Automotive Collision Market Size Analysis, 2018-2028

REPORT ID: BKR630Domain: AutomotivePublished Date: April 2018

 

 

Global Automotive Collision Repair Market Size Analysis

The Global Automotive Collision Repair Market Size is estimated to be valued over USD 170 billion in 2018 and will register a CAGR of above 3.7% to create high revenue opportunity during the forecast period.

Global Automotive collision repair market is highly fragmented with a race towards consolidation by leading players.  There are thousands of small scale industries present not only in developing regions but also developed economies. However, complexity level has increased with emergence of newer technology.

Global Automotive Collision Repair Market Drivers and Challenges

Automotive collision repair market size is driven by various factors – most prominent of being the technological advancement and increase in OEM sales. Significant vehicle sales along with higher accidents has propelled the demand for repair industry. Regulatory compliances mandating insurance is also a major driver towards overall growth of automotive collision market worldwide. Insurance companies basically tie-up with some of the distributors for long term business relations. As such, industry gets customer centric.

While small scale and mid-scale players basically prioritizing on distribution channels and client relations, leading players are consistently relying on product innovation to capture a major chunk of the market. Companies such as 3M, DuPont, are emphasizing on 3D Printing technology to lower the operational cost and maximize the product reach.

Industry is at the verge of new tip – with increased advancement in electric vehicles. Many small scale players and mid-scale players are expected to witness slowdown in revenue while multinationals company will be able to tap right on energy vehicles – thus maximizing revenue potential.

Global Automotive Collision Repair Market Size Analysis, By Product

On the basis of product type, the automotive collision repair market size is segmented into paints and coatings, spare parts and consumables. Among these, paints and coatings segment will account for over 18% market in 2018. Companies are consistently involved in development of green paints and coatings technology that meets latest automobile criteria along with regulatory compliances.

Global Automotive Collision Repair Market Size Analysis, By Vehicle Type

On the basis of vehicle type, the automotive collision repair market value is segmented into heavy duty and light weight vehicles. Light duty vehicle repair market will register fastest growth owing to large scale presence of passenger vehicles on road. Also, advent of electric cars will further fuel the growth. Technological disruption will help industry to witness upward trajectory post 2023. Moreover, there will changes in overall business strategies by the companies. In 2018, light duty repair vehicle will account for over 66% of global share.

Global Automotive Collision Repair Market Size Analysis, By Sales Channel

On the basis of sales channel, the global automotive collision repair market trend is segmented into independent distributors and company owned outlets.

Global Automotive Collision Repair Market Size and Forecast: Regional Analysis

In 2017, Europe accounted for over 40% of global automotive collision market revenue. Much of the sales is concentrated to EU-5 region with UK dominating the sales. Presence of large number of car manufacturers in the region along with stringent regulatory compliances has led to favorable market conditions for the industry players. Also, technological advancement in 3D printing has helped Europe to retain the global position. In next 5 years, engaged companies are expected to register significant growth in their sales revenue.

Post 2023, the industry is expected to shift towards Asia Pacific. High sales of electric vehicles in China along with regional emergence of automotive companies in the region will fuel the growth. It is expected that by 2028, Asia Pacific will be 1.6X higher in revenue compared to that of Europe. China and India will be key lucrative regions for the industry players. Collectively, these two countries will account for over 68% of regional sales in 2018.

Middle East and Latin America will register relatively sluggish growth over the forecast period (2018-2028).

Global Automotive Collision Repair Market Size and Forecast: Competition Landscape

Some of the key Automotive Collision Repair market industry players are 3M, Continental AG;Denso Corporation, Automotive Technology Products LLC, Federal-Mogul LLC, Honeywell International Inc., Faurecia, Johnson Controls Inc., Magna International, Inc., International Automotive Components Group, Mitsuba Corporation, Martinrea International Inc, Takata Corporation and Robert Bosch GmbH.

Industry Segmentation

By Product Type:

  • Paints and Coatings
  • Spare Parts
  • Consumables

By Vehicle Type:

  • Heavy Duty Vehicles
  • Light Weight Vehicles

By Sales Channel:

  • Company Owned Outlets
  • Independent Distributors

 What Will You Discover in the Report?

  • An in-depth analysis of the Automotive Collision market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • How the Automotive Collision market sales is expected to grow throughout the forecast period.
  • How geopolitical policies and technological changes will affect the Automotive Collision market in near future
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the Automotive Collision industry during the forecast period
  • Who are the Automotive Collision industry leaders and what are the key initiatives taken by them for long term growth

Who will benefit from the Report?

  • Automotive Collision Industry Suppliers
  • Automotive Collision Industry Manufacturers
  • Consultants and Analysts
  • Researchers
  • Industry Specialists

Analyst access with Bekryl Market Analysts

Purchasing of Automotive Collision market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.

Automotive Collision Market Size TOC

  1. Report Structure
  2. Research Methodology
    • Market Engineering Factors Weightage
    • Market Share Methodology
  3. Executive Summary
    • Key Findings
    • Market Engineering Factors
    • Industry Expert Perspectives
  4. Market Definitions
  5. The Global Automotive Collision Market Value
    • Overall Market Forecast
    • Automotive Collision Growth Outlook, By Segments
    • Automotive Collision Growth Scenario, by Region
  6. The Automotive Collision Industry Ecosystem
    • Parent Market Overview
    • Industry Value Chain and Distribution Analysis
    • Growth Factor Analysis
    • Key Industry Players By Region
  7. The Automotive Collision Industry Dynamics
    • Drivers
    • Challenges
    • Opportunities
    • Mega Trends
    • Geographical Trends
    • Industry Experts Views
    • Merger Acquisition
    • Regulatory Compliances, By Selected Countries
    • Key Industry Developments
  8. The Automotive Collision Market Pricing Analysis
    • Automotive Collision Product Pricing Forecast
    • Pricing Analysis By Region
    • Pricing Trends
  9. Global Automotive Collision Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Industry Predictive Analysis
    • Automotive Collision Industry Segment Comparative Ranking Analysis
    • Key Companies Involved and Initiatives
    • Global Industry Opportunity Proposition Analysis
    • Market Share Analysis, (%)
    • Global Automotive Collision Market Size and Forecast, (2017-2027)
      • Market Value Forecast (US$ Million)
      • Growth Analysis (Y-o-Y) and Forecast
  1. Global Automotive Collision Industry Size and Forecast, By Segments
    • By Product Type:
      • Paints and Coatings
      • Spare Parts
      • Consumables
    • By Vehicle Type:
      • Heavy Duty Vehicles
      • Light Weight Vehicles
    • By Sales Channel:
      • Company Owned Outlets
      • Independent Distributors
  1. North America Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis
    • North America Automotive Collision Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
      • North America Automotive Collision Market, By Segments (As mentioned in section 10 of TOC)
    • S. Automotive Collision Market Size and Forecast, By Segments
    • Canada Automotive Collision Market Size and Forecast, By Segments
  2. Latin America Automotive Collision Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Latin America (South America) Automotive Collision Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
      • Latin America Automotive Collision Market, By Segments (As mentioned in section 10 of TOC)
    • Brazil Automotive Collision Market Size and Forecast, By Segments
    • Argentina
    • Mexico
    • Rest of Latin America

(Automotive Collision industry analysis covered across Latin America countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Western Europe Automotive Collision Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Western Europe Automotive Collision Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Western Europe Automotive Collision Market, By Segments (As mentioned in section 10 of TOC)
    • Germany Automotive Collision Market Size and Forecast, By Segments
    • UK
    • France
    • Spain
    • Italy
    • NORDIC
    • Switzerland
    • Rest of Western Europe

(Automotive Collision industry analysis covered across Western Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Central and Eastern Europe (CEE) Automotive Collision Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Central and Eastern Europe Automotive Collision Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Central and Eastern Europe Automotive Collision Market, By Segments (As mentioned in section 10 of Automotive Collision Market TOC)
    • Russia Automotive Collision Market Size and Forecast, By Segments
    • Poland
    • Ukraine
    • Rest of CEE

(Automotive Collision industry analysis is covered across Central and Eastern Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Asia Pacific Automotive Collision Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Asia Pacific Countries
    • Asia Pacific Automotive Collision Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Asia Pacific Automotive Collision Market, By Segments (As mentioned in section 10 of TOC)
    • Japan Automotive Collision Market Size and Forecast, By Segments
    • China
    • India
    • South Korea
    • Australia
    • ASEAN
    • Rest of Asia Pacific

(Automotive Collision industry analysis is covered across Asia Pacific countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Middle East Automotive Collision Market Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Middle East Countries
    • Middle East Automotive Collision Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Middle East Automotive Collision Market, By Segments (As mentioned in section 10 of TOC)
    • GCC Automotive Collision Market Size and Forecast, By Segments
    • Israel
    • Rest of Middle East

(Automotive Collision industry analysis is covered across Middle East countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Africa Automotive Collision Market Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Africa Countries
    • Market Share Analysis, (%)
    • Africa Automotive Collision Industry Size and Forecast, (2017-2027)
    • Africa Automotive Collision Industry Share (%)
    • Africa Automotive Collision Industry Growth Forecast (%)
    • South Africa Automotive Collision Market Size and Forecast, By Segments
    • Algeria
    • Nigeria

(Automotive Collision industry analysis is covered across Africa countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Automotive Collision Market Competitive Landscape
    • Competition Dashboard
    • Funding and Investment
    • Company Market Positioning
    • Marketing Mix Strategies
    • Product Level Strategies
    • Go-to-Market Strategies
    • SWOT Analysis
    • Key Developments, By Companies
    • Company Profiles*
      • 3M,
      • Continental AG
      • Denso Corporation,
      • Automotive Technology Products LLC,
      • Federal-Mogul LLC,
      • Honeywell International Inc.,
      • Faurecia,
      • Johnson Controls Inc.,
      • Magna International, Inc.,
      • International Automotive Components Group,
      • Mitsuba Corporation,
      • Martinrea International Inc,
      • Takata Corporation
      • Robert Bosch GmbH
  1. Analyst Opinion
  2. Summary and Conclusion
  3. For more Information, Bekryl can help

*(SWOT, Key Developments, and Strategies are based on individual companies)

To access the detailed Automotive Collision industry TOC and sample research pages, download sample.

Automotive Collision Market Report Structure

Automotive Collision Industry Dynamics

This section enables Automotive Collision industry stakeholders to understand the prevalent market conditions and help them prioritize their investment strategy. Factors that are favorable to Automotive Collision market growth is equated with challenges – resulting in proper growth strategy module. Drivers and challenges provide early assessment of current Automotive Collision industry trends and keep industry leaders abreast of latest happenings.

This section includes:

  • Market Drivers
  • Market Challenges
  • Automotive Collision Industry Trends
  • Automotive Collision Value Chain Analysis
  • Marketing Opportunities
  • Regulatory Aspects
  • Automotive Collision Industry Experts Market Opinion

Industry Analysis, By Segments

Industry stakeholders receive detailed analysis of the Automotive Collision industry trends. Anticipate key market trends across market analysis segments with Bekryl Market Analysts model.

Each segment has research framework, essential to understand the market scenario in near future.

Each segment includes:

  • Market Size and Forecast
  • Annual Growth Rate Analysis (AGR)
  • Key Trends, By segments
  • Key Industry Developments
  • Investment Proposition Analysis
  • Potential Addressable Market Analysis
  • Growth Factor, By Segment Analysis

This section helps in understanding the overall demand across end-users. As such, the industry stakeholders are able to minimize the operational cost and take better strategic decisions.

Competition Landscape

Keep abreast of key strategies of industry leaders and regional Automotive Collision industry players. Company profiles allow industry stakeholders to competitor’s strategic decision and understand how these affect their own business.

This section include:

  • Competition dashboard
  • SWOT Analysis by Companies
  • Go-to-market sales strategy
  • Financial performances subject to listed companies
  • Market Share Analysis
  • Analyst Recommendation

 

Regional Market Analysis

Regional analysis help industry leaders to better understand the dynamics of their current market and determine which regional market their company should target to strengthen their market presence globally. The Automotive Collision market report offers industry scenario in 24+ countries. Regional section focus on economic context, regulatory framework, supply demand balance trends and key regional companies engaged in the market.

This section include:

  • Market Size by Country and Region
  • Market Opportunity, By Country and Region
  • Regional Trends
  • Growth Analysis and Forecast

Country Profiles

Country profiles help industry leaders to better analyze the market at root level – thereby framing strategies that could add value to the overall organization. This section contains information pertaining to key developments and research framework mapping the potential attractive end-users. Factors are equated with macroeconomic conditions to help leaders minimize operational risks if any

North America Automotive Collision Market Size

  • S.
  • Canada

Latin America Automotive Collision Market Size

  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

(*Automotive Collision Market value analyzed across each Latin America country)

Western Europe Automotive Collision Market Size

  • Germany
  • UK
  • France
  • Switzerland
  • Spain
  • Italy
  • NORDIC
  • Rest of Western Europe

(*Automotive Collision Market value analyzed across each Western Europe country)

Central and Eastern Europe Automotive Collision Industry Analysis

  • Russia
  • Poland Meat
  • Ukraine Meat
  • Rest of Eastern Europe

(*Automotive Collision Market value analyzed across each Central and Eastern Europe country)

Asia Pacific Automotive Collision Industry Size

  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN Meat
  • Rest of Asia Pacific

(*Automotive Collision Market value analyzed across each Asia Pacific country)

Middle East Automotive Collision Industry Size

  • GCC
  • Israel
  • Rest of Middle East

(*Automotive Collision Market value analyzed across each Middle East country)

Africa Automotive Collision Industry Size

  • South Africa
  • Algeria
  • Nigeria
  • Rest of Africa

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Automotive Collision Market Research Methodology

Bekryl Market Analysts has earned reputation within the market research and consulting industry for its ability to not only collect and reprint data but also its ability to build upon its extensive models and databases to provide meaningful forecasting and strategic planning services to clients.

Our research analyst and industry experts thoroughly investigates the industry by extensively interviewing the industry leaders and analyzing information from various secondary sources. The information collected is analyzed with the help of analytical tools to offer real time forecast solutions.

Automotive Collision Market Growth Forecasting Methodology

In order to prepare historical data and analyze Automotive Collision market forecast, Bekryl prepare data for product supply and actual demand from end-use consumers. Through this, we get to know actual demand for Automotive Collision market globally. The data collection is done through secondary and primary market research and then a constructive model is developed.

  • Secondary market research involves data collection through various paid publications and government agencies. Various journals and pre-encrypt transcripts is decoded to get the real time data solutions
  • The data collected through secondary research is then validated with the industry experts to minimize the anomaly and reflect key stakeholders opinion in the report.

With the model constructed, the cluttered data collected through different sources is structured with the help of proprietary analytical tools – making us understand the variation happened in the current year compared to historical years. To forecast Automotive Collision industry revenue, Bekryl Market Analysts takes in consideration the demand growth of the segments. Demand for the product is dependent on end-user spending which is a function of many factors: amongst them macroeconomic strength, price variation and other base factors.

The forecast methodology requires extensive data analysis across countries. Among all the factors, GVA and GDP output is considered as the first set of approximation. Bekryl Market Analysts has developed a demand driven model based on GDP across targeted countries.  Under this, co-relation is analyzed between product and GDP – resulting in a constant GDP-Product coefficient. Higher the coefficient- greater will be the growth rate. For instance, GDP-Product segment coefficient matrix of 3 denotes Automotive Collision industry growth is nearly 3.5X to 5.5X higher than the relative GDP.

Besides GDP-Product Coefficient, Bekryl establishes following relation variation for higher predictive analysis.

  • Base Factors Growth Analysis
  • Price Variation Analysis
  • Potential Consumer Mapping

 

Automotive Collision Industry Players: Competition Landscape Methodology

Bekryl maps key market players across regions. Financial ratios is taken in consideration along with regional presence and their value chain to understand the company market strength. Thereafter, investment proposition for each company is proposed which gives coefficient matrix value for the company. Industry experts is also reflected in company landscape.

 

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