General/automotive/auto Repair & Parts May 2026

It will grow from $1047.75 billion in 2025 to $1134.82 billion in 2026 at a compound annual growth rate (CAGR) of 8.3%. The Business Research Company Automotive Aftermarket Sector Update - Summer 2025

Despite strong demand, the industry faces significant operational headwinds: General/Automotive/Auto repair & parts

Finding affordable parts remains the top concern for 46% of repair shops . Continued global uncertainty and tariffs have driven record-high one-month spikes in repair costs (up to 5% in late 2025) . It will grow from $1047

The U.S. light-duty aftermarket alone is expected to reach $435 billion in 2025 . Total U.S. aftermarket sales, including heavy-duty vehicles, are projected to be around $574 billion by 2026 . including heavy-duty vehicles

The industry is navigating a structural labor shortage. To attract talent, shops are boosting compensation, improving benefits, and offering advanced training, though roughly 25% of businesses report they have simply "stopped looking for help" .

Rising vehicle ownership in developing regions like Asia-Pacific (the fastest-growing market) and the necessity of maintaining out-of-warranty vehicles . Critical Industry Challenges

Modern cars require more advanced diagnostics. Over 65% of collision repairs now require Advanced Driver Assistance Systems (ADAS) calibration . Global Automotive Repair and Maintenance Market Report 2026