Garage and Service Station Market: Growth Dynamics| by key vendors Firestone Complete Auto Care, Meineke, Jiffy Lube, Midas, Safelite Group, Monro Muffler Brake etc.

The global garage and service station market is more than just an eye catching phrase which actually embodies all the business coming up from automobile repair workshops that tends to do diagnosis, repair and servicing for automotives. The market is gaining traction with the increasing number of organised players in the global garage and service station market. These stations provides a series of maintenance procedures that are carried out when a vehicle has travelled a certain distance. The intervals for servicing are highly dependent on the type of vehicle and are generally specified by the vehicle manufacturer.

Garage and Service Station: Key Players
The global garage and service station market is highly fragmented. Some of the organized auto service companies in the market are Firestone Complete Auto Care, Meineke, Jiffy Lube, Midas, Safelite Group, Monro Muffler Brake etc.

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The major services by the garages and service stations are inclusive of engine tuning, replacement of fuel filter, replacement of air filter, replacement of spark plugs, change of engine oils, car washing, greasing and lubricating, etc.

Majorly the demand for garage and related services are dependent on the car usage and number of cars and motors on the road. Convenient location and marketing strategies are some of the chief factors affecting the individual companies’ profitability.

The rising technological advancements and developments in the automotive market is disrupting the market for garages and service stations. There is a trend of increasing number of personalised vehicles that are networked and technologically radical which at the same time are rooted with driver-assist technologies that tends to fewer accidents and lesser errors and ultimately reducing the need for servicing.

Garage and Service Station: Drivers & Restraints

The garage and service station market is expected to grow due to several factors such as growing automotive industry, increasing safety concerns, increasing automotive aftermarket needs. The marketing of products and services online is increasing which is providing growth potential to the service providers. The increasing number of auto service companies offering various car related services are also responsible for the growing market for garage and service station market.

The auto repairing are still based on trust which is responsible for the fragmentation of the market with large number of small garages and service station. This can again restrain the growth of organized players in the market. On the other hand unorganized local service stations finds difficulty in expanding their base. Additionally rising technological developments are posing threat to the industry. The industry is also facing a major gap in trust and consumer satisfaction with the garages and service stations which is yet again an obstacle restraining the growing garage and service station market

Garage and Service Station: Segmentation

By product type, the global garage and service station market is segmented as follows:

Mechanical Repair
Collision Repair
Car Washes
Oil Change and Lubrication
Others

By type of ownership, the global garage and service station market is segmented as follows:

Automobile dealerships
Franchise General Repair Shops
Franchise Speciality Shops
Locally Owned Repair Establishments

By sector, the global garage and service station market is segmented as follows

Organised
Unorganised

Garage and Service Station: Region-wise Outlook

The garage and service station market is expected to register a favourable growth for the forecast period, 2015?2025. The Asia-Pacific and North America market is projected to endure control on the global garage and service station market followed by Europe and Middle East & Africa. The demand for repairing services in surging across Asian regions. The factors contributing to the rising demand in APAC is increasing market of vehicles and succeeding demand for services related to their repair and maintenance.

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The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Austra ia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

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