Automotive Collision Repair Market expected to surge the demand for cost-effective parts for vehicle maintenance.
Automotive Collision Repair Industry Overview The global automotive collision repair market size is expected to reach USD 220.12 billion by 2028, according to a new study by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 2.1% from 2021 to 2028. Technological advancements in claims, insurance, and the automobile aftermarket have led to the development of innovative repair techniques and processes, which have significantly widened the scope for the growth of passenger and commercial vehicles. Numerous leading manufacturers, including Daimler AG (Germany) and BMW Group (Germany), are using advanced 3D printing technology for manufacturing spare parts and associated automobile components. Automotive Collision Repair Market Segmentation Grand View Research has segmented the global automotive collision repair market based on product, vehicle type, service channel, and region: Based on the Product Insights, the market...