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Revenue for the Car Repair Services industry in China is set to grow by 4.8% in 2023, to $109.4 billion. Industry revenue has grown by a CAGR of 5.8% over the past five years. Industry growth has been the result of the increasing number of automobiles in use.
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IBISWorld's research coverage on the Car Repair Services industry in China includes market sizing, forecasting, data and analysis from 2014-2029. The most recent publication was released May 2024.
The Car Repair Services industry in China operates under the industry code 3726. The Car Repair Services industry in China provides mechanical or electrical repair services for automobiles, including maintenance services and fixing and correcting existing or potential technical malfunctions. Related terms covered in the Car Repair Services industry in China include primary repair enterprises, secondary repair enterprises, tertiary repair units, automobile overhauling, assembly repair and 4s.
Products and services covered in Car Repair Services industry in China include Automobile overhauling, Assembly repairs and Minor repairs.
Companies covered in the Car Repair Services industry in China include Zhongsheng Group Holdings Limited, China Grand Automotive Services Group Co., Ltd. and TUHU Car Inc.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Car Repair Services industry in China.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Car Repair Services industry in China.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Car Repair Services industry in China.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Car Repair Services industry in China. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Car Repair Services industry in China. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Car Repair Services industry in China. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Car Repair Services industry in China. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Car Repair Services industry in China.
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The market size of the Car Repair Services industry in China is $109.4bn in 2026.
There are 4,417 businesses in the Car Repair Services industry in China, which has declined at a CAGR of 2.6 % between 2019 and 2024.
The Car Repair Services industry in China is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
The Car Repair Services industry in China is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
The market size of the Car Repair Services industry in China has been growing at a CAGR of 5.8 % between 2019 and 2024.
Over the next five years, the Car Repair Services industry in China is expected to grow.
The biggest companies operating in the Car Repair Services industry in China are Zhongsheng Group Holdings Limited, China Grand Automotive Services Group Co., Ltd. and TUHU Car Inc.
Automobile overhauling and Assembly repairs are part of the Car Repair Services industry in China.
The company holding the most market share in the Car Repair Services industry in China is Zhongsheng Group Holdings Limited.
The level of competition is moderate and increasing in the Car Repair Services industry in China.