The global automotive collision repair market size is anticipated to reach USD 219.62 billion by 2026 according to a new report published by Polaris Market Research. The report “Automotive Collision Repair Market Size, Share & Trends Analysis Report By Product (Paints and Coatings, Consumables, Spare Parts); By Vehicle Type (Passenger Vehicles, Commercial Vehicles, Two-Wheeler); By End-Use; By Region, Segments & Forecast, 2019 – 2026” provides current market insights and future market trends.

Get sample copy of this report @ https://www.polarismarketresearch.com/industry-analysis/automotive-collision-repair-market/request-for-sample

In 2018, spare parts segment dominated the global market, in terms of revenue. In 2018, Europe accounted for majority share in global market. The market requires advanced protective materials which also meets the stylized highlights of the automobile. The quickly propelling paints and coatings innovation supports the market development. The organizations are under critical pressure to stiffen safety standards and guidelines and damages to vehicles which further aid market growth. The copious growth of hybrid and electric vehicles will offer market opportunities to growth during forecast period. Digitalization of automotive repair and collision services also supports market growth.

In 2018, Europe accounted for highest share of market revenue in global automotive collision repair market. The prime factors driving growth in the region include an established automotive industry, technological finesses and copious investments in R&D. Strict regulations responsible for vehicular safety and emissions accelerate growth in market. The rising safety concerns, unending list of accidents, introduction of driverless cars and car beautifications and ramp-up further increases the market growth in the region. The rise in driverless cars and a spurt in demand for electric vehicles increase the demand for market. With increasing sales and aging of vehicles globally, market is set to grow.

The global automotive collision repair market is segmented on the basis of product, vehicle type, end-use and geography. Based on product, the market is segmented into paints and coatings, consumables and spare parts. Spare parts accounted for highest share in market in 2017 owing to spate of road accidents on the road. The quickly propelling paints and coatings innovation which bend over to the desires for most recent defensive car material and done-up requests is the key explanation behind paints and coatings section development. Paints and Coatings are required to achieve expanded selection in high volume displays over the estimation time frame owing to overwhelming environment concerns relating to use of harmful synthetic coatings and refinishing materials.

The vendors are introducing new products to meet rising customer desires. In addition, the leaders are acquiring and collaborating with top companies in the market to enhance their offerings and expand customer base. The leading players in the market include Denso Corporation, Continental AG, 3M, Honeywell International, Inc., DuPont, BASF, Johnson Controls, Inc., ZF Friedrichshafen, Robert Bosch GmbH, Federal-Mogul LLC, Automotive Technology Products LLC, Caliber Collision and Henkel AG&Co., KGaA.

Browse for full research summary: https://www.polarismarketresearch.com/industry-analysis/automotive-collision-repair-market

Polaris Market research has segmented the automotive collision repair market report on the basis of product type, vehicle type, end-use and region.

• Automotive Collision Repair Product Outlook (Revenue, USD Billion, 2015 – 2026)
• Paints and Coatings
• Consumables
• Spare Parts
• Automotive Collision Repair Vehicle Type Outlook (Revenue, USD Billion, 2015 – 2026)
• Passenger Vehicle
• Commercial vehicle
• Two-wheelers
• Automotive Collision Repair End-use Outlook (Revenue, USD Billion, 2015 – 2026)
• OEMs
• Aftermarket
• Others
• Automotive Collision Repair Regional Outlook (Revenue, USD Billion, 2015 – 2026)
• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
o Italy
• Asia Pacific
o India
o China
o Japan
• Latin America
o Mexico
o Brazil
• MEA
Avail discount on this report @ https://www.polarismarketresearch.com/industry-analysis/automotive-collision-repair-market/request-for-discount-pricing
About 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.

Contact us-
Polaris Market Research
Phone: 1-646-568-9980
Email: [email protected]
Web: www.polarismarketresearch.com