The global automotive collision repair market is projected to surge from $214.86 billion in 2025 to $266.95 billion by 2029, reflecting a robust 5.6% compound annual growth rate (CAGR), according to a new report from The Business Research Company.
The market’s expansion is being driven by the rapid adoption of electric vehicles, rising use of advanced driver assistance systems (ADAS), demand for lightweight materials, growth in ride-sharing fleets, and tightening global vehicle safety regulations.
Notable trends shaping the sector include the use of augmented reality in diagnostics, eco-friendly repair methods, on-demand mobile repair services, 3D printing for parts manufacturing, and enhanced technician training programs.
Western Europe led the market in 2024, but Asia-Pacific is expected to post the fastest growth over the forecast period.
Key players include 3M, Denso Corporation, Caliber Collision Centers, Service King Collision Repair Centers, and Maaco Collision Repair & Auto Painting.
The report also highlighted rising automobile insurance subscriptions as a major growth factor, with 87% of U.S. drivers now insured, prompting repair providers to upgrade services and technology.
