Global Automotive MRO Market Growth (Status and Outlook) 2024-2030

Publication ID:

LPI10241767

Publication Date:

October 2, 2024

Pages:

109

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturing (Automotive) [2]

Components [3]

Automotive [4]

Description:

The global Automotive MRO market size was valued at US$ million in 2023. With growing demand in downstream market, the Automotive MRO is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period.
The research report highlights the growth potential of the global Automotive MRO market. Automotive MRO are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Automotive MRO. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Automotive MRO market.
MRO stands for Maintenance, Repair and Operations and means the maintenance, repair and overhaul of machines and installations. The term comes from the production industry. Transferred to the automotive sector, MRO is synonymous with the tasks performed in car repair shops, which essentially consist of the inspection, repair and maintenance of motor vehicles.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Key Features:
The report on Automotive MRO market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Automotive MRO market. It may include historical data, market segmentation by Type (e.g., Product Based, Services Based), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Automotive MRO market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Automotive MRO market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Automotive MRO industry. This include advancements in Automotive MRO technology, Automotive MRO new entrants, Automotive MRO new investment, and other innovations that are shaping the future of Automotive MRO.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Automotive MRO market. It includes factors influencing customer ' purchasing decisions, preferences for Automotive MRO product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Automotive MRO market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Automotive MRO market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Automotive MRO market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Automotive MRO industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Automotive MRO market.
Market Segmentation:
Automotive MRO market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Product Based
Services Based
Combination of both
Segmentation by application
Automotive
Maintenance
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ICRON TECHNOLOGIES
PSMI Corporation
NM and E Co., Ltd.
Performance Consulting Associates
Fraunhofer Gesellschaft
TMD Mobility
ST Engineeribng
Ruag
Lista
Vital Technical

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Automotive MRO Market Size 2019-2030
2.1.2 Automotive MRO Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Automotive MRO Segment by Type
2.2.1 Product Based
2.2.2 Services Based
2.2.3 Combination of both
2.3 Automotive MRO Market Size by Type
2.3.1 Automotive MRO Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Automotive MRO Market Size Market Share by Type (2019-2024)
2.4 Automotive MRO Segment by Application
2.4.1 Automotive
2.4.2 Maintenance
2.4.3 Others
2.5 Automotive MRO Market Size by Application
2.5.1 Automotive MRO Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Automotive MRO Market Size Market Share by Application (2019-2024)
3 Automotive MRO Market Size by Player
3.1 Automotive MRO Market Size Market Share by Players
3.1.1 Global Automotive MRO Revenue by Players (2019-2024)
3.1.2 Global Automotive MRO Revenue Market Share by Players (2019-2024)
3.2 Global Automotive MRO Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Automotive MRO by Regions
4.1 Automotive MRO Market Size by Regions (2019-2024)
4.2 Americas Automotive MRO Market Size Growth (2019-2024)
4.3 APAC Automotive MRO Market Size Growth (2019-2024)
4.4 Europe Automotive MRO Market Size Growth (2019-2024)
4.5 Middle East & Africa Automotive MRO Market Size Growth (2019-2024)
5 Americas
5.1 Americas Automotive MRO Market Size by Country (2019-2024)
5.2 Americas Automotive MRO Market Size by Type (2019-2024)
5.3 Americas Automotive MRO Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Automotive MRO Market Size by Region (2019-2024)
6.2 APAC Automotive MRO Market Size by Type (2019-2024)
6.3 APAC Automotive MRO Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Automotive MRO by Country (2019-2024)
7.2 Europe Automotive MRO Market Size by Type (2019-2024)
7.3 Europe Automotive MRO Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Automotive MRO by Region (2019-2024)
8.2 Middle East & Africa Automotive MRO Market Size by Type (2019-2024)
8.3 Middle East & Africa Automotive MRO Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Automotive MRO Market Forecast
10.1 Global Automotive MRO Forecast by Regions (2025-2030)
10.1.1 Global Automotive MRO Forecast by Regions (2025-2030)
10.1.2 Americas Automotive MRO Forecast
10.1.3 APAC Automotive MRO Forecast
10.1.4 Europe Automotive MRO Forecast
10.1.5 Middle East & Africa Automotive MRO Forecast
10.2 Americas Automotive MRO Forecast by Country (2025-2030)
10.2.1 United States Automotive MRO Market Forecast
10.2.2 Canada Automotive MRO Market Forecast
10.2.3 Mexico Automotive MRO Market Forecast
10.2.4 Brazil Automotive MRO Market Forecast
10.3 APAC Automotive MRO Forecast by Region (2025-2030)
10.3.1 China Automotive MRO Market Forecast
10.3.2 Japan Automotive MRO Market Forecast
10.3.3 Korea Automotive MRO Market Forecast
10.3.4 Southeast Asia Automotive MRO Market Forecast
10.3.5 India Automotive MRO Market Forecast
10.3.6 Australia Automotive MRO Market Forecast
10.4 Europe Automotive MRO Forecast by Country (2025-2030)
10.4.1 Germany Automotive MRO Market Forecast
10.4.2 France Automotive MRO Market Forecast
10.4.3 UK Automotive MRO Market Forecast
10.4.4 Italy Automotive MRO Market Forecast
10.4.5 Russia Automotive MRO Market Forecast
10.5 Middle East & Africa Automotive MRO Forecast by Region (2025-2030)
10.5.1 Egypt Automotive MRO Market Forecast
10.5.2 South Africa Automotive MRO Market Forecast
10.5.3 Israel Automotive MRO Market Forecast
10.5.4 Turkey Automotive MRO Market Forecast
10.5.5 GCC Countries Automotive MRO Market Forecast
10.6 Global Automotive MRO Forecast by Type (2025-2030)
10.7 Global Automotive MRO Forecast by Application (2025-2030)

11 Key Players Analysis
11.1 ICRON TECHNOLOGIES
11.1.1 ICRON TECHNOLOGIES Company Information
11.1.2 ICRON TECHNOLOGIES Automotive MRO Product Offered
11.1.3 ICRON TECHNOLOGIES Automotive MRO Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 ICRON TECHNOLOGIES Main Business Overview
11.1.5 ICRON TECHNOLOGIES Latest Developments
11.2 PSMI Corporation
11.2.1 PSMI Corporation Company Information
11.2.2 PSMI Corporation Automotive MRO Product Offered
11.2.3 PSMI Corporation Automotive MRO Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 PSMI Corporation Main Business Overview
11.2.5 PSMI Corporation Latest Developments
11.3 NM and E Co., Ltd.
11.3.1 NM and E Co., Ltd. Company Information
11.3.2 NM and E Co., Ltd. Automotive MRO Product Offered
11.3.3 NM and E Co., Ltd. Automotive MRO Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 NM and E Co., Ltd. Main Business Overview
11.3.5 NM and E Co., Ltd. Latest Developments
11.4 Performance Consulting Associates
11.4.1 Performance Consulting Associates Company Information
11.4.2 Performance Consulting Associates Automotive MRO Product Offered
11.4.3 Performance Consulting Associates Automotive MRO Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Performance Consulting Associates Main Business Overview
11.4.5 Performance Consulting Associates Latest Developments
11.5 Fraunhofer Gesellschaft
11.5.1 Fraunhofer Gesellschaft Company Information
11.5.2 Fraunhofer Gesellschaft Automotive MRO Product Offered
11.5.3 Fraunhofer Gesellschaft Automotive MRO Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Fraunhofer Gesellschaft Main Business Overview
11.5.5 Fraunhofer Gesellschaft Latest Developments
11.6 TMD Mobility
11.6.1 TMD Mobility Company Information
11.6.2 TMD Mobility Automotive MRO Product Offered
11.6.3 TMD Mobility Automotive MRO Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 TMD Mobility Main Business Overview
11.6.5 TMD Mobility Latest Developments
11.7 ST Engineeribng
11.7.1 ST Engineeribng Company Information
11.7.2 ST Engineeribng Automotive MRO Product Offered
11.7.3 ST Engineeribng Automotive MRO Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 ST Engineeribng Main Business Overview
11.7.5 ST Engineeribng Latest Developments
11.8 Ruag
11.8.1 Ruag Company Information
11.8.2 Ruag Automotive MRO Product Offered
11.8.3 Ruag Automotive MRO Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Ruag Main Business Overview
11.8.5 Ruag Latest Developments
11.9 Lista
11.9.1 Lista Company Information
11.9.2 Lista Automotive MRO Product Offered
11.9.3 Lista Automotive MRO Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Lista Main Business Overview
11.9.5 Lista Latest Developments
11.10 Vital Technical
11.10.1 Vital Technical Company Information
11.10.2 Vital Technical Automotive MRO Product Offered
11.10.3 Vital Technical Automotive MRO Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Vital Technical Main Business Overview
11.10.5 Vital Technical Latest Developments
12 Research Findings and Conclusion

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