China Automotive Repair and Maintenance Services Market – Size, Share, and Growth Analysis – Techsci Research

According to a TechSci Research report, the China automotive repair and maintenance services market is expected to grow at a robust rate in the forecast period of 2023-2027. The market is primarily driven by the rise in vehicle production and sales and the growing disposable income of consumers. Automotive repair and maintenance services are in high demand as they return the vehicle service life and performance to their original form. The majority of people who cannot afford a vehicle prefer to buy used vehicles or get their vehicle repaired and maintained regularly. Local shop owners are emerging at a rapid rate and are working to provide a complete range of repair and maintenance services. They are working on specializing in a particular service and increasing the number of services to surge their market share. Also, the entry of new market players and the opening of automotive repair and maintenance services are expected to fuel the China automotive repair and maintenance services market growth over the next five years.

The China automotive repair and maintenance services market is segmented into service type, vehicle type, service area, service provider, channel, regional distribution, and company.

Based on vehicle type, the market is divided into two-wheeler, passenger car, LCV, and M&HCV. The passenger cars segment is anticipated to dominate the market over the forecast period owing to the rise in private vehicle ownership among consumers. The newly launched passenger cars are made of high-quality materials and technology and last longer than their previous versions. Passenger cars need frequent repair and maintenance to ensure the vehicle's optimum working and fuel efficiency, thereby boosting the market growth. Based on the service area, the market is divided into automotive mechanical and electrical parts, automotive body parts, tire, paint, interior parts, glass, and others. Tires are expected to capture the highest market share in the forecast period. Due to the increased average life of vehicles, tires experience more wear and tear than other automotive components.

Therefore, they require frequent maintenance and exchange to ensure the proper working of vehicles. Based on the service provider, the market is divided into automobile manufacturers, franchise general repairs, locally owned repair shops. Franchise general repairs are expected to account for a significant market share in the forecast period. The automotive repair and maintenance services have to provide services to different vehicles which means they are not tied to a specified manufacturer. Many auto repair shops have authorized dealerships of different car companies to offer automotive car repair and maintenance services to different cars. The franchise stores can serve overall servicing to vehicles which is one of the major reasons for their high demand among automobile owners.

Based on the channel, the market is bifurcated into online and offline. The offline segment is expected to dominate the market over the forecast period due to its wide availability across China.

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Major market players operating in China automotive repair and maintenance services market are:

• China Grand Automotive Services Group Co., Ltd.
• Fuxin Haizhou District Dexin Hongding Winery Co.,Ltd.
• Xianning Xian'an District Shunli Car Repair Service Center
• Wuhan Shiji Tiancheng Automotive Sales Service Co., Ltd.
• Zhengzhou Jianxin Automobile Service Co.,Ltd.
• Shiyan Xinjiuhuan Road Rescue Co.,Ltd.
• Liulin County Yongda Labor Service Co., Ltd.
• Shanxi Lingjie Elevator Engineering Co., Ltd.
• Ulanqab Xintai Automotive Repairing Service Co., Ltd.
• Queshan County Hengtong Automobile Maintenance Co., Ltd.

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“The automotive repair and maintenance services invest hefty amounts in expanding their consumer base by adopting online platforms. The availability of high-speed internet connections and the proliferation of smart devices boost the popularity of e-commerce channels across the country. Market players also offer lucrative discounts to customers and pick and drop the vehicles from the customer location to the service centers. The growing popularity of the online sales channel and online retailing of auto parts is expected to propel the growth of China automotive repair and maintenance services market till 2027.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“China Automotive Repair and Maintenance Services Market By Service Type (Repair and Maintenance), By Vehicle Type (Two-Wheeler, Passenger Car, LCV, and M&HCV),By Service Area (Automotive Mechanical and Elect rical Parts, Automotive Body Parts, Tire, Paint, Interior Parts, Glass, Others), By Service Provider (Automobile Manufacturers, Franchise General Repairs, Locally Owned Repair Shops), By Channel (Online, Offline), By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth potential of China automotive repair and maintenance services market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in China automotive repair and maintenance services market.

Report Scope:

In this report, China automotive repair and maintenance services market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• China Automotive Repair and Maintenance Services Market, By Service Type:
  • Repair
  • Maintenance
• China Automotive Repair and Maintenance Services Market, By Vehicle Type:
  • Two-Wheeler
  • Passenger Car
  • LCV
  • M&HCV
• China Automotive Repair and Maintenance Services Market, By Service Area:
  • Automotive Mechanical and Electrical Parts
  • Automotive Body Parts
  • Tire
  • Paint
  • Interior Parts
  • Glass
  • Others
• China Automotive Repair and Maintenance Services Market, By Service Provider:
  • Automobile Manufacturers
  • Franchise General Repairs
  • Locally Owned Repair Shops
• China Automotive Repair and Maintenance Services Market, By Channel:
  • Online
  • Offline
• China Automotive Repair and Maintenance Services Market, By Region:
  • East China
  • South-Central China
  • North China
  • South-West China
  • North-East China
  • North-West China

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TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

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