Product Code: ETC173743 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The current Outlook for the India automotive collision repair market is positive, with a steady growth rate of 6-9% expected in the coming years. Drivers of this growth include increasing vehicle sales and rising demand for aftermarket services due to improved road safety measures. Technological advancements such as 3D scanning and advanced computer-aided design are also likely to contribute to industry growth.
The growth of the automotive collision repair market in India is driven by factors such as increasing vehicle sales, increasing disposable incomes, rapid urbanization, and growing awareness about safety features. Increasing road accidents are also fueling the demand for automotive collision repairs in India. The development of premium maintenance centers offering specialized services and high-quality products has further accelerated the demand for these services. Additionally, various government initiatives to encourage better road safety standards have enabled customers to invest more on repairing their vehicles after an accident. Furthermore, with the emergence of organized players in this sector and use of advanced technology like 3D scanning systems for accurate measurements and estimation processes have boosted consumer confidence among end users leading to increased demand for collision repair services in India.
There are a number of challenges facing the sector at present. These include low penetration levels of insurance coverage among consumers, limited access to skilled technicians, difficulty in procuring spare parts from OEMs, and high cost associated with new technologies adoption.
Some of the major players in India automotive collision repair market include Mahindra & Mahindra Ltd., Maruti Suzuki India Ltd., Ashok Leyland Ltd., TVS Motor Co. Pvt Ltd., Tata Motors Ltd., Hero MotoCorp Ltd.. Other notable players include Suryoday Auto Solutions Pvt.Ltd (Maruti True Value), Carwale Services Pvt ltd , Autoportal , Mytvslounge etc
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Automotive collision repair Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automotive collision repair Market Revenues & Volume, 2020 & 2030F |
3.3 India Automotive collision repair Market - Industry Life Cycle |
3.4 India Automotive collision repair Market - Porter's Five Forces |
3.5 India Automotive collision repair Market Revenues & Volume Share, By Vehicle Type, 2020 & 2030F |
3.6 India Automotive collision repair Market Revenues & Volume Share, By Product, 2020 & 2030F |
3.7 India Automotive collision repair Market Revenues & Volume Share, By Service Channel, 2020 & 2030F |
4 India Automotive collision repair Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Automotive collision repair Market Trends |
6 India Automotive collision repair Market, By Types |
6.1 India Automotive collision repair Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 India Automotive collision repair Market Revenues & Volume, By Vehicle Type, 2020-2030F |
6.1.3 India Automotive collision repair Market Revenues & Volume, By Light-duty, 2020-2030F |
6.1.4 India Automotive collision repair Market Revenues & Volume, By Heavy-duty, 2020-2030F |
6.2 India Automotive collision repair Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 India Automotive collision repair Market Revenues & Volume, By Paints & coatings, 2020-2030F |
6.2.3 India Automotive collision repair Market Revenues & Volume, By Consumables, 2020-2030F |
6.2.4 India Automotive collision repair Market Revenues & Volume, By Spare parts, 2020-2030F |
6.3 India Automotive collision repair Market, By Service Channel |
6.3.1 Overview and Analysis |
6.3.2 India Automotive collision repair Market Revenues & Volume, By DIY, 2020-2030F |
6.3.3 India Automotive collision repair Market Revenues & Volume, By DIFM, 2020-2030F |
6.3.4 India Automotive collision repair Market Revenues & Volume, By OE, 2020-2030F |
7 India Automotive collision repair Market Import-Export Trade Statistics |
7.1 India Automotive collision repair Market Export to Major Countries |
7.2 India Automotive collision repair Market Imports from Major Countries |
8 India Automotive collision repair Market Key Performance Indicators |
9 India Automotive collision repair Market - Opportunity Assessment |
9.1 India Automotive collision repair Market Opportunity Assessment, By Vehicle Type, 2020 & 2030F |
9.2 India Automotive collision repair Market Opportunity Assessment, By Product, 2020 & 2030F |
9.3 India Automotive collision repair Market Opportunity Assessment, By Service Channel, 2020 & 2030F |
10 India Automotive collision repair Market - Competitive Landscape |
10.1 India Automotive collision repair Market Revenue Share, By Companies, 2023 |
10.2 India Automotive collision repair Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |