Passenger Cars MRO Market Size, Trends, Latest Insights, Analysis and Forecast 2025-2032

Passenger cars maintenance, repair, and overhaul (MRO) market is anticipated to grow at a significant CAGR of 14.2% during the forecast period (2024-2031). The market growth is attributed to pivotal factors such as an expansion of aftermarket services and products, e-commerce growth in auto parts and services, rising consumer awareness of vehicle safety and reliability, growing demand for enhanced vehicle performance, and a shift toward electric and hybrid vehicles. According to the Australasian Fleet Management Association (AfMA), in July 2024, Global electric vehicle (EV) sales reached 14.1 million units, with battery electric vehicles (BEVs) accounting for 70.0% and plug-in hybrid electric vehicles (PHEVs) for 30.0%.

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The increasing emphasis on preventive maintenance practices among vehicle owners not only enhances vehicle performance but also extends the lifespan of the cars, thereby reducing long-term operational costs. As awareness of the importance of regular maintenance spreads, consumers are more inclined to invest in MRO services to avoid costly repairs and ensure safety on the road. Furthermore, advancements in diagnostic technologies facilitate timely interventions, allowing for early detection of potential issues. The rise in vehicle ownership and the complexity of modern automotive systems also contribute to the heightened demand for specialized MRO services.

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  • Market Coverage

  • Market number available for – 2025-2031

  • Base year- 2025

  • Forecast period- 2025-2031

  • Segment Covered- By Source, By Product Type, By Applications

  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill

  • , and others


Global Passenger Cars MRO Market Report Segment

By Type

  • Cleaning

  • General Repair

  • Overhaul


By Application

  • Private Cars

  • Taxi

  • Carsharing


Global Passenger Cars MRO Market Report Segment by Region

North America

  • United States

  • copyright


Europe

  • UK

  • Germany

  • Italy

  • Spain

  • France

  • Rest of Europe


Asia-Pacific

  • China

  • India

  • Japan

  • South Korea

  • Rest of Asia-Pacific


Rest of the World

  • Latin America

  • Middle East & Africa


The Report Covers

  • Market value data analysis of 2023 and forecast to 2031.

  • Annualized market revenues ($ million) for each market segment.

  • Country-wise analysis of major geographical regions.

  • Key companies operating in the global passenger cars MRO market. Based on the availability of data, information related to new products, and relevant news is also available in the report.

  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.

  • Analysis of market-entry and market expansion strategies.

  • Competitive strategies by identifying ‘who-stands-where’ in the market.


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