India Automotive Collision Repair Market Report and Forecast 2024-2032

India Automotive Collision Repair Market Outlook

The India automotive collision repair market is assessed to grow at a CAGR of 3.7% between 2024 and 2032. The major drivers of the market are the rising cases of road accidents and growing car ownership among the middle-class population.

Key Trends in the Market

Automotive collision repair refers to the restoration of structural or aesthetic components of an automobile after a collision. Automotive collision repair involves various steps, including dent removal, repairing or replacing damaged parts, painting, recoating, and refinishing. These tasks are performed by a trained technician.

• Rapid urbanisation, rising disposable income, and improved standard of living in India have led to a surge in the sales of vehicles. There is also an increase in the number of road accidents in the country owing to adverse road conditions, reckless driving, and growing traffic congestion. Moreover, the increasing consumer awareness regarding the importance of repair and maintenance to prolong a vehicle’s life is supporting the growth of the India automotive collision repair market.

• Key players are increasingly investing towards the establishment of repair and service workshops, professional training programmes, and efficient car part delivery systems. This has significantly reduced the consumer waiting time, encouraging customers to opt for trusted, professional, and quick services. Moreover, the 24-hour roadside assistance provided by the leading automotive companies further supports the market growth.

• Some of the key India automotive collision repair market trends are the introduction of new technologies and digitisation in the field of vehicle repair, which is considerably decreasing the time required to restore a vehicle. Besides, the emergence of 3D technology that facilitates quick production of automotive body parts aids the market growth. 3D technology also reduces pollution and landfill waste associated with damaged parts.

Market Analysis

Based on product type, the India automotive collision repair market segmentation includes paints and coatings, consumables, and spare parts, among others. On the basis of vehicle type, the market can be divided into passenger cars, light commercial vehicles, heavy commercial vehicles, and two wheelers, among others.

On the basis of service channel, the market is segmented into authorised service centres, unauthorised service centres (local garages), and multi-brand service centres. The major regions in the India market for automotive collision repair include North India, South India, East India, and West India.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the India automotive collision repair market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

• ATS ELGI 

• Bosch Limited 

• 3M India Limited 

• Denso corporation 

• Mirka Ltd. 

• Snap-on Tools Pvt. Ltd 

• Henkel Adhesives Technologies India Private Limited 

• Saint-Gobain India 

• Others

Market Share by Product Type

Paints and coatings are expected to hold a significant portion of the India automotive collision repair market share in the coming years. Vehicles are constantly exposed to rocks, mud, stones, and debris, causing scratches and minor dents, which affects their aesthetic appeal. This, coupled with increasing road accidents, is driving the demand for paints and coatings for vehicles.

Moreover, hot weather and harsh rains in the country can negatively impact the lustre and quality of vehicles’ paints. Hence, there is an increased demand for high-quality paints and coatings to protect vehicles against rust and scratches.

Market Share by Vehicle Type

As per the India automotive collision repair market analysis, heavy commercial vehicles are expected to witness a significant increase in demand over the forecast period. This can be attributed to India's growing industrial sector, boosting the demand for heavy transport vehicles. Such factors are boosting the requirement for maintenance and repair of heavy commercial vehicles.

Meanwhile, passenger cars are expected to witness a healthy growth over the forecast period due to rising disposable income, rapid population growth, and increased demand for personal mobility solutions. Additionally, the easy availability of car and repair services providing high-quality restoration for passenger cars supports the India automotive collision repair market growth.

Competitive Landscape

Bosch Limited, founded in 1886, is a multinational engineering and technology company headquartered in Grenglin, Germany. Bosch provides various vehicle-related services ranging from inspection and maintenance to accidental repair. Bosch has over 270 independent car service workshops all over India, including Delhi, Mumbai, and Banglore, among others.

Snap-on Tools Pvt. Ltd was started in 1920 and is an American designing, manufacturing, and marketing company for high-end tools and equipment for the transportation, automotive, and marine sectors, among others. Snap-on was established in India in 2004 and currently deals in the manufacturing and marketing of automotive parts and equipment.

Saint-Gobain India started its operation in India in 1996. It is a subsidiary of a French conglomerate that deals in solar control, fire-resistant, and other types of glass. Saint-Gobain manufactures automotive glass for personal and commercial vehicles.

Other India automotive collision repair market players include ATS ELGI, 3M India Limited, Denso Corporation, Mirka Ltd., and Henkel Adhesives Technologies India Private Limited, among others.

Key Highlights of the Report