The Latin America, Middle East and Africa Automotive Collision Repair Market would witness market growth of 3.1% CAGR during the forecast period (2021-2027).
Technological advances in claims, insurance, and the car aftermarket have resulted in the creation of novel repair procedures and processes, considerably expanding the potential for the expansion of commercial and passenger vehicles. Numerous top manufacturers, notably Daimler AG and BMW Group use sophisticated 3D printing technology to produce replacement parts and associated car components.
Paints, clear finishes, and other supplies, such as car parts and supplies, are widely utilized in the market. Paints and coatings are used to hide dents and scratches on automobile bodies. With the introduction of the new generation of automobiles in unique service repair procedures, the increased penetration of gas and hybrid electric automobiles is likely to further push the business.
Many people in the UAE prefer multi-brand outlets over OEM due to the less repair time and enhanced customer experience. Moreover, due to the growing disposable income of the people of Dubai, they prefer to install new original parts for damaged parts. In addition, in other countries like South Africa, Brazil, and Argentina, the cost of repair at OEM authorized service center is approximately double the cost of repair at medium-sized third party service workshop. Hence, people living in these countries are inclined towards 3rd party workshops to get cost-efficient services. The presence of multiple vehicle repair shops that focus on efficiency and productivity has become critical for the automobile industry sector.
The Brazil market dominated the LAMEA Automotive Collision Repair Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $4.3 billion by 2027. The Argentina market is anticipated to grow at a CAGR of 3.7% during (2021 - 2027). Additionally, The UAE market would exhibit a CAGR of 2.9% during (2021 - 2027).
Based on Product, the market is segmented into Spare Parts, Consumables and Paints & Coatings. Based on Service Channel, the market is segmented into OE, do-it-yourself (DIY), and DIFM. Based on Vehicle Type, the market is segmented into Light-duty Vehicle and Heavy-duty Vehicle. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Automotive Collision Repair Market is Predict to reach $208.3 Billion by 2027, at a CAGR of 1.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Automotive Technology Products LLC, International Automotive Components (IAC) Group, 3M Company, Continental AG, Robert Bosch GmbH, Honeywell International, Inc., Denso Corporation, Tenneco, Inc., Magna International, Inc., and Faurecia (Groupe PSA).
Scope of the Study
Market Segments Covered in the Report:
By Product
- Spare Parts
- Consumables
- Paints & Coatings
By Service Channel
- OE
- do-it-yourself (DIY)
- DIFM
By Vehicle Type
- Light-duty Vehicle
- Heavy-duty Vehicle
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Automotive Technology Products LLC
- International Automotive Components (IAC) Group
- 3M Company
- Continental AG
- Robert Bosch GmbH
- Honeywell International, Inc.
- Denso Corporation
- Tenneco, Inc.
- Magna International, Inc.
- Faurecia (Groupe PSA)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Automotive Collision Repair Market, by Product
1.4.2 LAMEA Automotive Collision Repair Market, by Service Channel
1.4.3 LAMEA Automotive Collision Repair Market, by Vehicle Type
1.4.4 LAMEA Automotive Collision Repair Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
Chapter 4. LAMEA Automotive Collision Repair Market by Product
4.1 LAMEA Spare Parts Market by Country
4.2 LAMEA Consumables Market by Country
4.3 LAMEA Paints & Coatings Market by Country
Chapter 5. LAMEA Automotive Collision Repair Market by Service Channel
5.1 LAMEA OE Market by Country
5.2 LAMEA Do-it-yourself (DIY) Market by Country
5.3 LAMEA DIFM Market by Country
Chapter 6. LAMEA Automotive Collision Repair Market by Vehicle Type
6.1 LAMEA Light-duty Vehicle Market by Country
6.2 LAMEA Heavy-duty Vehicle Market by Country
Chapter 7. LAMEA Automotive Collision Repair Market by Country
7.1 Brazil Automotive Collision Repair Market
7.1.1 Brazil Automotive Collision Repair Market by Product
7.1.2 Brazil Automotive Collision Repair Market by Service Channel
7.1.3 Brazil Automotive Collision Repair Market by Vehicle Type
7.2 Argentina Automotive Collision Repair Market
7.2.1 Argentina Automotive Collision Repair Market by Product
7.2.2 Argentina Automotive Collision Repair Market by Service Channel
7.2.3 Argentina Automotive Collision Repair Market by Vehicle Type
7.3 UAE Automotive Collision Repair Market
7.3.1 UAE Automotive Collision Repair Market by Product
7.3.2 UAE Automotive Collision Repair Market by Service Channel
7.3.3 UAE Automotive Collision Repair Market by Vehicle Type
7.4 Saudi Arabia Automotive Collision Repair Market
7.4.1 Saudi Arabia Automotive Collision Repair Market by Product
7.4.2 Saudi Arabia Automotive Collision Repair Market by Service Channel
7.4.3 Saudi Arabia Automotive Collision Repair Market by Vehicle Type
7.5 South Africa Automotive Collision Repair Market
7.5.1 South Africa Automotive Collision Repair Market by Product
7.5.2 South Africa Automotive Collision Repair Market by Service Channel
7.5.3 South Africa Automotive Collision Repair Market by Vehicle Type
7.6 Nigeria Automotive Collision Repair Market
7.6.1 Nigeria Automotive Collision Repair Market by Product
7.6.2 Nigeria Automotive Collision Repair Market by Service Channel
7.6.3 Nigeria Automotive Collision Repair Market by Vehicle Type
7.7 Rest of LAMEA Automotive Collision Repair Market
7.7.1 Rest of LAMEA Automotive Collision Repair Market by Product
7.7.2 Rest of LAMEA Automotive Collision Repair Market by Service Channel
7.7.3 Rest of LAMEA Automotive Collision Repair Market by Vehicle Type
Chapter 8. Company Profiles
8.1 Automotive Technology Products LLC (The Lodi Group)
8.1.1 Company Overview
8.2 International Automotive Components (IAC) Group
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Acquisition and Mergers:
8.2.2.2 Product Launches and Product Expansions:
8.3 3M Company
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.4 Continental AG
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 Robert Bosch GmbH
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.6 SWOT Analysis
8.6 Honeywell International, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional & Segmental Analysis
8.6.4 Research & Development Expenses
8.6.5 SWOT Analysis
8.7 Denso Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.8 Tenneco, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional & Segmental Analysis
8.8.4 Research & Development Expenses
8.9 Magna International, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional & Segmental Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Acquisition and Mergers:
8.10. Faurecia (Groupe PSA)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional & Segmental Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Partnerships, Collaborations, and Agreements:
TABLE 1 LAMEA Automotive Collision Repair Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Automotive Collision Repair Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Automotive Collision Repair Market
TABLE 4 Product Launches And Product Expansions– Automotive Collision Repair Market
TABLE 5 Acquisition and Mergers– Automotive Collision Repair Market
TABLE 6 Geographical Expansions – Automotive Collision Repair Market
TABLE 7 LAMEA Automotive Collision Repair Market by Product, 2017 - 2020, USD Million
TABLE 8 LAMEA Automotive Collision Repair Market by Product, 2021 - 2027, USD Million
TABLE 9 LAMEA Spare Parts Market by Country, 2017 - 2020, USD Million
TABLE 10 LAMEA Spare Parts Market by Country, 2021 - 2027, USD Million
TABLE 11 LAMEA Consumables Market by Country, 2017 - 2020, USD Million
TABLE 12 LAMEA Consumables Market by Country, 2021 - 2027, USD Million
TABLE 13 LAMEA Paints & Coatings Market by Country, 2017 - 2020, USD Million
TABLE 14 LAMEA Paints & Coatings Market by Country, 2021 - 2027, USD Million
TABLE 15 LAMEA Automotive Collision Repair Market by Service Channel, 2017 - 2020, USD Million
TABLE 16 LAMEA Automotive Collision Repair Market by Service Channel, 2021 - 2027, USD Million
TABLE 17 LAMEA OE Market by Country, 2017 - 2020, USD Million
TABLE 18 LAMEA OE Market by Country, 2021 - 2027, USD Million
TABLE 19 LAMEA Do-it-yourself (DIY) Market by Country, 2017 - 2020, USD Million
TABLE 20 LAMEA Do-it-yourself (DIY) Market by Country, 2021 - 2027, USD Million
TABLE 21 LAMEA DIFM Market by Country, 2017 - 2020, USD Million
TABLE 22 LAMEA DIFM Market by Country, 2021 - 2027, USD Million
TABLE 23 LAMEA Automotive Collision Repair Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 24 LAMEA Automotive Collision Repair Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 25 LAMEA Light-duty Vehicle Market by Country, 2017 - 2020, USD Million
TABLE 26 LAMEA Light-duty Vehicle Market by Country, 2021 - 2027, USD Million
TABLE 27 LAMEA Heavy-duty Vehicle Market by Country, 2017 - 2020, USD Million
TABLE 28 LAMEA Heavy-duty Vehicle Market by Country, 2021 - 2027, USD Million
TABLE 29 LAMEA Automotive Collision Repair Market by Country, 2017 - 2020, USD Million
TABLE 30 LAMEA Automotive Collision Repair Market by Country, 2021 - 2027, USD Million
TABLE 31 Brazil Automotive Collision Repair Market, 2017 - 2020, USD Million
TABLE 32 Brazil Automotive Collision Repair Market, 2021 - 2027, USD Million
TABLE 33 Brazil Automotive Collision Repair Market by Product, 2017 - 2020, USD Million
TABLE 34 Brazil Automotive Collision Repair Market by Product, 2021 - 2027, USD Million
TABLE 35 Brazil Automotive Collision Repair Market by Service Channel, 2017 - 2020, USD Million
TABLE 36 Brazil Automotive Collision Repair Market by Service Channel, 2021 - 2027, USD Million
TABLE 37 Brazil Automotive Collision Repair Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 38 Brazil Automotive Collision Repair Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 39 Argentina Automotive Collision Repair Market, 2017 - 2020, USD Million
TABLE 40 Argentina Automotive Collision Repair Market, 2021 - 2027, USD Million
TABLE 41 Argentina Automotive Collision Repair Market by Product, 2017 - 2020, USD Million
TABLE 42 Argentina Automotive Collision Repair Market by Product, 2021 - 2027, USD Million
TABLE 43 Argentina Automotive Collision Repair Market by Service Channel, 2017 - 2020, USD Million
TABLE 44 Argentina Automotive Collision Repair Market by Service Channel, 2021 - 2027, USD Million
TABLE 45 Argentina Automotive Collision Repair Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 46 Argentina Automotive Collision Repair Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 47 UAE Automotive Collision Repair Market, 2017 - 2020, USD Million
TABLE 48 UAE Automotive Collision Repair Market, 2021 - 2027, USD Million
TABLE 49 UAE Automotive Collision Repair Market by Product, 2017 - 2020, USD Million
TABLE 50 UAE Automotive Collision Repair Market by Product, 2021 - 2027, USD Million
TABLE 51 UAE Automotive Collision Repair Market by Service Channel, 2017 - 2020, USD Million
TABLE 52 UAE Automotive Collision Repair Market by Service Channel, 2021 - 2027, USD Million
TABLE 53 UAE Automotive Collision Repair Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 54 UAE Automotive Collision Repair Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 55 Saudi Arabia Automotive Collision Repair Market, 2017 - 2020, USD Million
TABLE 56 Saudi Arabia Automotive Collision Repair Market, 2021 - 2027, USD Million
TABLE 57 Saudi Arabia Automotive Collision Repair Market by Product, 2017 - 2020, USD Million
TABLE 58 Saudi Arabia Automotive Collision Repair Market by Product, 2021 - 2027, USD Million
TABLE 59 Saudi Arabia Automotive Collision Repair Market by Service Channel, 2017 - 2020, USD Million
TABLE 60 Saudi Arabia Automotive Collision Repair Market by Service Channel, 2021 - 2027, USD Million
TABLE 61 Saudi Arabia Automotive Collision Repair Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 62 Saudi Arabia Automotive Collision Repair Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 63 South Africa Automotive Collision Repair Market, 2017 - 2020, USD Million
TABLE 64 South Africa Automotive Collision Repair Market, 2021 - 2027, USD Million
TABLE 65 South Africa Automotive Collision Repair Market by Product, 2017 - 2020, USD Million
TABLE 66 South Africa Automotive Collision Repair Market by Product, 2021 - 2027, USD Million
TABLE 67 South Africa Automotive Collision Repair Market by Service Channel, 2017 - 2020, USD Million
TABLE 68 South Africa Automotive Collision Repair Market by Service Channel, 2021 - 2027, USD Million
TABLE 69 South Africa Automotive Collision Repair Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 70 South Africa Automotive Collision Repair Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 71 Nigeria Automotive Collision Repair Market, 2017 - 2020, USD Million
TABLE 72 Nigeria Automotive Collision Repair Market, 2021 - 2027, USD Million
TABLE 73 Nigeria Automotive Collision Repair Market by Product, 2017 - 2020, USD Million
TABLE 74 Nigeria Automotive Collision Repair Market by Product, 2021 - 2027, USD Million
TABLE 75 Nigeria Automotive Collision Repair Market by Service Channel, 2017 - 2020, USD Million
TABLE 76 Nigeria Automotive Collision Repair Market by Service Channel, 2021 - 2027, USD Million
TABLE 77 Nigeria Automotive Collision Repair Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 78 Nigeria Automotive Collision Repair Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 79 Rest of LAMEA Automotive Collision Repair Market, 2017 - 2020, USD Million
TABLE 80 Rest of LAMEA Automotive Collision Repair Market, 2021 - 2027, USD Million
TABLE 81 Rest of LAMEA Automotive Collision Repair Market by Product, 2017 - 2020, USD Million
TABLE 82 Rest of LAMEA Automotive Collision Repair Market by Product, 2021 - 2027, USD Million
TABLE 83 Rest of LAMEA Automotive Collision Repair Market by Service Channel, 2017 - 2020, USD Million
TABLE 84 Rest of LAMEA Automotive Collision Repair Market by Service Channel, 2021 - 2027, USD Million
TABLE 85 Rest of LAMEA Automotive Collision Repair Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 86 Rest of LAMEA Automotive Collision Repair Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 87 Key Information – Automotive Technology Products LLC
TABLE 88 Key Information – International Automotive Components (IAC) Group
TABLE 89 Key Information – 3M Company
TABLE 90 Key Information – Continental AG
TABLE 91 key information – Robert Bosch GmbH
TABLE 92 Key information – Honeywell International, Inc.
TABLE 93 key information – Denso Corporation
TABLE 94 Key information – Tenneco, Inc.
TABLE 95 Key Information – Magna International, Inc.
TABLE 96 Key information – Faurecia
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Recent strategies and developments: International Automotive Components (IAC) Group
FIG 5 Recent strategies and developments: 3M Company
FIG 6 SWOT Analysis: Continental AG
FIG 7 Swot analysis: Robert bosch gmbh
FIG 8 Swot analysis: Honeywell international, inc.