Rising Vehicle Ownership Drives Growth in Periodic Maintenance Market

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2025-07-04 18:59:28 -

The global vehicle periodic maintenance market was valued at US$ 901.7 Bn in 2023 and is expected to reach US$ 1381.6 Bn by 2034, expanding at a CAGR of 3.9% from 2024 to 2034. Market growth is fueled by the rising vehicle parc, increasing consumer awareness about vehicle longevity, and stricter regulatory norms on emissions and safety. Advancements in diagnostic technologies are also...

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