Product Launch (Blog)

Dec, 15 2020

U.S. Automotive Collision Repair Market is Expected to Grow with the CAGR of 2.3% in the Forecast Period of 2020 to 2027

U.S. Automotive Collision Repair Market is forecast to grow with factors such as the trend among consumers of repairing automobiles on their own at home by using guide or manuals of Do-It-Yourself (DIY) kits offered by automotive retailers, is anticipated to boost the automotive collison repair market. Rising road accident is acting as major driver for growth of automotive collision repair market. Rising implementation of safety features as a major restraint to the market.

U.S. Automotive Collision Repair Market Scenario  

According to Data Bridge Market Research, market leader is 3M which accounts an estimated market share of approximately 18% to 32%. The company has gained outstanding sales through their businesses of equipment, services and automation system and software. The market is witnessing continuous product integration and expanding their business in the market.   

For instance,  

  • In July 2018, 3M’s automotive aftermarket division has announced its new app or tools for mobile devices which will allow the repairing professionals or distributor’s sales staff to receive all the information needed for the collision repair directly on their mobile phones. This app is available for free on the app store for android and apple and is user-friendly. Body shop technicians and sales staff can now access the 3M expert information without accessing desktop and on their fingertips. This app will help the company to connect with more distributors and body shop professionals closely and to expand the business more.

U.S. Automotive Collision Repair Market

Trends Impacting the U.S. Automotive Collision Repair Market

The U.S. automotive collision repair market is becoming more competitive every year with companies such as 3M, Robert Bosch GmbH and DENSO CORPORATION as they are the market leaders for automotive collision repair market. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the U.S. automotive collision repair market. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the U.S. automotive collision repair market.   

For more analysis on the U.S. automotive collision repair market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=us-automotive-collision-repair-market

U.S. Automotive Collision Repair Market Development 

  • In July 2020, Robert Bosch GmbH has expanded its wide range of batteries with a new range of battery “Eco Line” for passenger car segment, two-wheelers, and commercial vehicle segments. This new range of batteries is designed with start/stop systems to offer high quality of solutions for various vehicles. The Bosch’s product range has included ultra-high performance starter battery TA AGM 12 volt for commercial vehicles. Also, M4 and M6 batteries for the two-wheeler segment are ultra-light and extremely powerful with lithium-ion technology. This new range of batteries will help companies to provide more reliable batteries for the aftermarket and to gain more customer base.

Scope of the U.S. Automotive Collision Repair Market

  • On the basis of product type, U.S. automotive collision repair market has been segmented into spare parts, paint & coatings, replacement parts and consumables. On the basis of services channel, U.S. automotive collision repair market has been segmented into OE, DIY and DIFM. On the basis of sales channel, U.S. automotive collision repair market has been segmented into new OEM, aftermarket, recycled, remanufactured and salvage. On the basis of auto body shops, U.S. automotive collision repair market has been segmented into dealer owned shops and independent repair shops.  On the basis of vehicle type, U.S. automotive collision repair market has been segmented into passenger cars light duty vehicle, heavy duty vehicle and two wheelers. Two wheelers are further segmented into motorcycle and scooter.  

Key Pointers Covered in the U.S. Automotive Collision Repair Market Industry Trends and Forecast to 2027

  • Market Size
  • Market Standards and Changes
  • Market Trials in Different Regions
  • Market Requirements in Different Regions
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Recent Market Value for Different regions
  • Sales Data for Market Competitors
  • Market Key Vendors and Disruptors Study

Key Market Competitors Covered in the Report

  • DENSO CORPORATION
  • Robert Bosch GmbH
  • DuPont
  • 3M
  • Tenneco Inc.
  • Continental AG
  • American Auto Body
  • VALEO
  • BASF SE
  • ZF Friedrichshafen AG

Above are the key players covered in the report, to know about more and exhaustive list of automotive collision repair companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=us-automotive-collision-repair-market

Research Methodology: U.S. Automotive Collision Repair Market  

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Industrial experts, product engineers, collision repair engineer, Maintenance managers among others
  • Supply Side: Original Equipment Manufacturers, Exporter, Distributors, Wholesaler and Retailer among others.

Related Reports

Browse in Automotive Category Related Reports@ https://www.databridgemarketresearch.com/category/automotive


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