Garage and Service Station Market to exceed $1.6 Tn by 2032, Says Global Market Insights Inc.
Major garage and service station market participants include Meineke Car Care Centers, LLC., Jiffy Lube International, Inc., Midas International, LLC., Safelite Group, Firestone Complete Auto Care, Valvoline, and The Pep Boys
Selbyville, Delaware, May 22, 2024 (GLOBE NEWSWIRE) —
The garage and service station market valuation is predicted to reach USD 1.6 trillion in revenue by 2032, as reported in a
Some of the leading firms operating in the garage and service station market Meineke Car Care Centers, LLC., Jiffy Lube International, Inc., Midas International, LLC., Safelite Group, Firestone Complete Auto Care, Valvoline, and The Pep Boys. These companies are actively investing in R&D activities and are also focusing on product development & launches, collaborations as well as mergers & acquisitions to widen their global presence. To cite an instance, in August 2023, Kian Capital Partners acquired Meineke Car Care Center franchisee to establish PARC Auto, a new platform in the general automotive repair space.
Partial chapters of report table of contents (TOC):
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Garage and service station market 360º synopsis, 2018 – 2032
2.2 Business trends
2.3 Regional trends
2.4 Product type trends
2.5 Ownership trends
2.6 Business structure trends
Chapter 3 Garage and Service Station Market Insights
3.1 Impact of COVID-19
3.2 Impact of the Russia-Ukraine war
3.3 Industry ecosystem analysis
3.4 Vendor matrix
3.5 Profit margin analysis
3.6 Technology & innovation landscape
3.7 Patent analysis
3.8 Key news and initiatives
3.8.1 Partnership/Collaboration
3.8.2 Merger/Acquisition
3.8.3 Investment
3.8.4 Product launch & innovation
3.9 Regulatory landscape
3.10 Impact forces
3.10.1 Growth drivers
3.10.1.1 Rising middle class vehicle ownership worldwide
3.10.1.2 Improved vehicle durability and reliability
3.10.1.3 Rise in the adoption of advance diagnostic tools
3.10.1.4 Strict emission standards and safety regulations require regular maintenance and adherence
3.10.2 Industry pitfalls & challenges
3.10.2.1 Rapid evolution of electric and autonomous vehicles
3.10.2.2 Lack of skilled technicians and mechanics
3.11 Growth potential analysis
3.12 Porter’s analysis
3.13 PESTEL analysis
3.14 Global Construction Investment
Chapter 4 Competitive Landscape, 2022
4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
4.3.1 Jiffy Lube International, Inc.
4.3.2 Safelite Group
4.3.3 The Pep Boys
4.3.4 Valvoline
4.3.5 Firestone Complete Auto Care.
4.3.6 Midas International, LLC
4.3.7 Meineke Car Care Centers, LLC.
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022
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About Global Market Insights Inc.
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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