Automotive Collision Repair Market is Set to on Huge Growth Due to New Repair Techniques and Modern

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Automotive Collision Repair Market Is Anticipated To Grow Extensively Owing To Automobile Insurance And Technological Advancements Till 2024

“The global automotive collision repair market is expected to reach USD 202.24 billion by 2024, according to a new study by Grand View Research, Inc. Growth in consumer and passenger automobile segment production to drive automotive collision repair industry�

The global Automotive Collision Repair Market is expected to reach USD 202.24 billion by 2024, according to a new study by Grand View Research, Inc. Advancements in claims, insurance, and the automobile aftermarket have led to the development of new repair techniques and modern processes, which have significantly widened the scope across the passenger and commercial vehicle categories. The untapped and unorganized automotive collision repair market in the Asia Pacific region is positioned as a major opportunity for the key vehicle repair vendors. Access Full Research Report on Global Automotive Collision Repair Market: http://www.grandviewresearch.com/industry-analysis/automotive-collisionrepair-market Advanced 3D production capabilities are being utilized by numerous leading manufacturers including Daimler AG (Germany) and BMW Group (Germany) in the production of spare parts and associated automobile components. For instance, RollsRoyce Dawn 2016 is expected to use the 3D printing technology for fabricating mounting

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brackets for wire hoses and fiber-optic cables. Moreover, organizations such as the U.S. National Automotive Service Task Force (NASTF) have established a Collision Repair Committee (CRC) that helps recognize, address, and resolve the repair/service gaps in order to help vehicle repair centers accomplish a complete and safe automotive restoration for vehicle owners. Further key findings from the study suggest: 

Paints, clear coatings, and accompanying consumables such as auto components and other spares are widely used in the automotive collision repair market. Coatings and paints are utilized to cover up dents and scratches in case of automotive body damages. The growing penetration of gas and hybrid electric cars is expected to further drive the industry with a new generation of vehicles coming in the demanding novel service repair regimens. This trend would help in laying the foundation of specialized auto collision repair shops catering to specific makes of vehicles.

Transport authorities and administrations across different countries have made it obligatory for car owners to buy insurance coverage in case of any damage to the insured vehicle and the driver. The increasing number of automobiles on the road in Asia Pacific countries, such as India and Japan, is expected to drive the regional automotive collision repair market.

The key players in the automotive collision repair market include Continental Corporation, DuPont, Federal-Mogul Holdings, Bosch, DENSO Corporation, and 3M. The industry observes frequent mergers and acquisitions in order to expand their share and global reach in the market.

The industry is expected to remain innovation-led with the introduction of new metals and chemicals that provide cost efficiency and weight reduction in automobiles. The increasing demand for automobiles is projected to trigger the demand for automobile collision repair centers. Stringent standards across the globe for car safety are anticipated to drive the collision repair industry.

Grand View Research has segmented the global Automotive Collision Repair Market on the basis of product, vehicle type, and region:

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Read Our Blogs on Reports from this category By Grand View Research: http://www.grandviewresearch.com/blogs/technology Table of Content of Global Automotive Collision Repair Market Research Report: Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumption 1.3. List of Data Sources Chapter 2. Executive Summary 2.1. Automotive Collision Repair - Industry Snapshot and Key Buying Criteria, 2014 - 2024 Chapter 3. Automotive Collision Repair Industry Outlook 3.1. Market segmentation 3.2. Market size and growth prospects 3.3. Automotive collision repair technology roadmap 3.4. Automotive collision repair value chain analysis 3.5. Automotive collision repair market dynamics 3.5.1. Market driver analysis 3.5.1.1. Advanced technology usage in auto parts fabrication 3.5.1.2. Surge in consumer and passenger automobile production 3.5.1.3. Digitalization of automotive repair & maintenance services 3.5.2. Market restraint analysis 3.5.2.1. Insurance dependence 3.5.2.2. Environmental concerns 3.6. Key opportunities prioritized 3.7. Industry analysis - Porter's 3.8. Automotive collision repair - Key competitor analysis, 2015 3.9. Automotive collision repair - PESTEL analysis,2015

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Chapter 4. Automotive Collision Repair Vehicle Type Outlook 4.1. Automotive collision repair market share by vehicle type, 2015 & 2024 4.2. Light-duty 4.2.1. Global market estimates and forecasts by region, 2014 - 2024 4.3. Heavy-duty 4.3.1. Global market estimates and forecasts by region, 2014 - 2024 Chapter 5. Automotive Collision Repair Product Outlook 5.1. Automotive collision repair market share by product type, 2015 & 2024 5.2. Coatings & Paints 5.2.1. Global market estimates and forecasts by region, 2014 - 2024 5.3. Consumables 5.3.1. Global market estimates and forecasts by region, 2014 - 2024 Chapter 6. Automotive Collision Repair Regional Outlook 6.1. Automotive collision repair market share by region, 2015 & 2024 6.2. North America 6.2.1. Market estimates and forecasts by vehicle type, 2014 - 2024 6.2.2. Market estimates and forecasts by product, 2014 - 2024 6.2.3. U.S. 6.2.3.1. Market estimates and forecasts by vehicle type, 2014 2024 6.2.3.2. Market estimates and forecasts by product, 2014 - 2024 6.2.4. Mexico 6.2.4.1. Market estimates and forecasts by vehicle type, 2014 2024 6.2.4.2. Market estimates and forecasts by product, 2014 - 2024

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6.2.5. Canada 6.2.5.1. Market estimates and forecasts by vehicle type, 2014 2024 6.2.5.2. Market estimates and forecasts by product, 2014 - 2024 6.3. Europe 6.3.1. Germany 6.3.1.1. Market estimates and forecasts by vehicle type, 2014 2024 6.3.1.2. Market estimates and forecasts by product, 2014 - 2024 6.3.2. UK 6.3.2.1. Market estimates and forecasts by vehicle type, 2014 2024 6.3.2.2. Market estimates and forecasts by product, 2014 - 2024 6.4. Asia Pacific 6.4.1. China 6.4.1.1. Market estimates and forecasts by vehicle type, 2014 2024 6.4.1.2. Market estimates and forecasts by product, 2014 - 2024 6.4.2. India 6.4.2.1. Market estimates and forecasts by vehicle type, 2014 2024 6.4.2.2. Market estimates and forecasts by product, 2014 - 2024 6.4.3. Japan 6.4.3.1. Market estimates and forecasts by vehicle type, 2014 2024 6.4.3.2. Market estimates and forecasts by product, 2014 - 2024 6.5. South America

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6.5.1. Brazil 6.5.1.1. Market estimates and forecasts by vehicle type, 2014 2024 6.5.1.2. Market estimates and forecasts by product, 2014 - 2024 6.6. MEA 6.6.1. Saudi Arabia 6.6.1.1. Market estimates and forecasts by vehicle type, 2014 2024 6.6.1.2. Market estimates and forecasts by product, 2014 - 2024 Chapter 7. Competitive Landscape 7.1. 3M 7.1.1. Company Overview 7.1.2. Financial Performance 7.1.3. Product Benchmarking 7.1.4. Strategic Initiatives 7.2. Mann+Hummel Group 7.2.1. Company Overview 7.2.2. Financial Performance 7.2.3. Product Benchmarking 7.2.4. Strategic Initiatives 7.3. ATP Automotive 7.3.1. Company Overview 7.3.2. Financial Performance 7.3.3. Product Benchmarking 7.3.4. Strategic Initiatives 7.4. Robert Bosch GmbH 7.4.1. Company Overview

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7.4.2. Financial Performance 7.4.3. Product Benchmarking 7.4.4. Strategic Initiatives 7.5. Continental AG 7.5.1. Company Overview 7.5.2. Financial Performance 7.5.3. Product Benchmarking 7.5.4. Strategic Initiatives 7.6. DENSO Corporation 7.6.1. Company Overview 7.6.2. Financial Performance 7.6.3. Product Benchmarking 7.6.4. Strategic Initiatives 7.7. Faurecia 7.7.1. Company Overview 7.7.2. Financial Performance 7.7.3. Product Benchmarking 7.7.4. Strategic Initiatives 7.8. Federal-Mogul Holdings Corporation 7.8.1. Company Overview 7.8.2. Financial Performance 7.8.3. Product Benchmarking 7.8.4. Strategic Initiatives 7.9. Honeywell International Inc. 7.9.1. Company Overview 7.9.2. Financial Performance 7.9.3. Product Benchmarking

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7.9.4. Strategic Initiatives 7.10. Johnson Controls Inc. 7.10.1. Company Overview 7.10.2. Financial Performance 7.10.3. Product Benchmarking 7.10.4. Strategic Initiatives 7.11. International Automotive Components Group 7.1.1 Company Overview 7.1.2 Financial Performance 7.1.3 Product Benchmarking 7.1.4 Strategic Initiatives 7.12. Magna International Inc. 7.12.1. Company Overview 7.12.2. Financial Performance 7.12.3. Product Benchmarking 7.12.4. Strategic Initiatives 7.13. Martinrea International Inc. 7.13.1. Company Overview 7.13.2. Financial Performance 7.13.3. Product Benchmarking 7.13.4. Strategic Initiatives 7.14. MITSUBA Corporation 7.14.1. Company Overview 7.14.2. Financial Performance 7.14.3. Product Benchmarking 7.14.4. Strategic Initiatives 7.15. Takata Corp.

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7.15.1. Company Overview 7.15.2. Financial Performance 7.15.3. Product Benchmarking 7.15.4. Strategic Initiatives About Grand View Research, Inc.:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email: sales@grandviewresearch.com For More Information: http://www.grandviewresearch.com

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