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Major companies in the automotive repair and maintenance market include Arnold Clark Automobiles Limited; Asbury Automotive Group; Ashland Automotive; Belron International Ltd. and Carmax Autocare Center.
The global automotive repair and maintenance market is expected to grow from $641. 4 billion in 2020 to $690. 07 billion in 2021 at a compound annual growth rate (CAGR) of 7. 6%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $879. 4 billion in 2025 at a CAGR of 6%.
Five Reasons Phoenix is the #1 Windshield Replacement Hotspot in the USA
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With its affordable cost of living, strong job market, world-class resorts, state of the art entertainment venues, and nearly two hundred golf courses, the Phoenix metro area is a mecca for tourists and transplants. More than 16 million people travel to Phoenix each year, and many are so enamored by the “Valley of the Sun” they choose to make it home.
Phoenix is the fifth largest and one of the fastest-growing cities in the U.S. The Greater Phoenix Metro Area includes Tempe, Chandler, Scottsdale, and Glendale, Arizona, covering some 2,000 square miles – home to nearly 4.5 million people.