Press release
Automotive Collision Repair Market to 2026 Company market share analysis-Continental, Valeo, Faurecia, Tenneco
The global Automotive Collision Repair market is segmented on the basis of product, vehicle type, end-use, and geography. Based on the product, the market is segmented into paints and coatings, consumables, and spare parts.
The global Automotive Collision Repair Market is anticipated to reach around USD 222.7 billion by 2026 according to a new Report. In 2017, the spare parts segment dominated the global market, in terms of revenue. In 2017, Europe accounted for the majority share in the global market.
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Company Overview: -
1. Continental
2. Valeo
3. Faurecia
4. Tenneco
5. Denso Corporation
6. KGaA
7. Robert Bosch GmbH
8. Johnson Controls
9. Honeywell International,
10. Continental AG
11. Valeo
12. Federal-Mogul LLC
The automotive collision repair market requires advanced protective materials which also meet the aesthetic features of the automobile. Additionally, the rapidly evolving paints and coating technology boosts the market growth. The companies are under constant pressure of improving safety standards and guidelines and damages to vehicles which further aides market growth.
The increasing penetration of hybrid cars and electrical vehicles will offer market opportunities for growth during the forecast period. Digitalization of automotive repair and collision services also supports market growth.
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The high usage of these paints and coatings may lead to low-quality distribution in various applications. This acts as a potential risk to the environment and also restricts market growth. Another factor hindering the market growth is the dependence of consumers on insurance.
Automotive Collision Repair Market, by Product
• Paints and Coatings
• Consumables
• Spare Parts
Automotive Collision Repair Market, by Vehicle
• Passenger Vehicles,
• Commercial Vehicles
• Two-Wheelers
Automotive Collision Repair Market, by End-Use
• New OEM
• Aftermarket
• Recycled
• Remanufactured
The global Automotive Collision Repair market is segmented on the basis of product, vehicle type, end-use, and geography. Based on the product, the market is segmented into paints and coatings, consumables, and spare parts. The end-use segment is categorized into New OEM, Aftermarket, Recycled, and Remanufactured. The vehicle types in the global automotive Collision Repair market include passenger vehicles, commercial vehicles, and two-wheelers.
The leading companies profiled in the Automotive Collision Repair Market include Denso Corporation, Continental AG, 3M, Honeywell International, Inc., Johnson Controls, Inc., Robert Bosch GmbH, Federal-Mogul LLC, Automotive Technology Products LLC, Caliber Collision, and Henkel AG & Co., KGaA. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
About us Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.
Mr. Neel
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
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