Automotive Repair and Maintenance Services Market to Reach US$ 840.9 Bn by 2027
Verfasser: pradnya_86 on Sunday, 19 November 2017Future Market Insights delivers key insights and a revised forecast of the global Automotive Repair and Maintenance Services market in the report titled ‘Automotive Repair and Maintenance Services Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment 2017-2027.’ The long-term outlook on the global Automotive Repair and Maintenance Services market remains positive with the market value expected to increase at a CAGR of 5.8% during the forecast period (2017-2027). Among services and parts segment, the tires segment is expected to expand at a significant CAGR in terms of value over the forecast period. The market value of Automotive Repair and Maintenance Services is estimated to be valued at US$ 479,371.8 Mn by the end of 2017. In terms of value, North America is estimated to account for a market share of 27.2% in the global automotive repair and maintenance services market by 2017 end and it is anticipated to retain its dominance throughout the forecast period. In this report, Future Market Insights throws light on drivers and restraints likely to impact the market during this period.