According to a recent report published by KD Market Insights, titled, Automotive Service Maintenance & Repair Market 2017: Market Size, Trends & Opportunity Outlook – Forecast to 2023, “the global Automotive Service Maintenance & Repair market accounted for USD 416.4 Billion in 2017 and is estimated to reach USD 528.4 Billion in 2023. Moreover, it is anticipated to flourish at a CAGR of 4.0% during the forecast period i.e. 2018-2023.
The market research report demonstrates market dynamics which includes growth drivers, restraining factors and opportunities and trends spearheading current nature and future status of this market. In addition to this, the report includes market size, Y-O-Y growth analysis and structure of the overall industry based on a unique combination of industry research, fieldwork, market sizing analysis, and our in-house expertise. Our general approach is to target several individuals with specific questions that we believed would satisfy our research objective. Further, to speed up the data collection process, we employed an online survey, delivered via email. Also, the research team analysed the results to identify potential opportunities and risks for the market.
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