Repair market tipped to reach $219bn
- 7 September 2021
- Posted by: Alan Feldberg
- Category: News
The global automotive collision repair market is expected to reach $219.6bn by 2026, according to a new report.
Published by Polaris Market Research, the report, Automotive Collision Repair Market Size, 2019-2026, looks at current market insights and future market trends according to product, vehicle type, end use and region.
It finds stiffening safety standards will support further growth, while the growing popularity of hybrid and electric vehicles will also offer market opportunities, as will the digitalisation of services.