Automotive MRO Market: Comprehensive Analysis and Outlook

Automotive MRO Market size

The automotive MRO (Maintenance, Repair, and Operations) market performs the important function of ensuring the smooth operation of automotive vehicles. The market is diverse, comprising both product-based and services-based offerings. These can be standalone services, standalone products, or a combination of both. Understanding cost structures, supply and consumption values, and operational expenditure is crucial for effective management.

Technavio’s in-depth industry report offers historical data as well as a comprehensive market forecast. It analyzes the current state of the automotive MRO market and provides detailed predictions on its performance over the coming years. It examines key factors such as market drivers, challenges, and key emerging trends, as well as the global competitive landscape. Also included is a breakdown of the types of products available on the market, along with their market shares and future prospects.

Automotive MRO Market report highlights

Type	Product-based Service-based Both
Application	Automotive Maintenance Others
Regional Landscape	North America Europe APAC South America The Middle East and Africa
Key Companies Profiled	ICRON TECHNOLOGIES Fraunhofer Gesellschaft NM and E Co., Ltd. Performance Consulting Associates • PSMI Corporation

Automotive MRO Market report insights

Precise evaluation of the market’s size, including historical data and a forecast of market performance from 2024 to 2028
Qualitative and quantitative analysis of the current market scenario and future prospects, allowing clients to make informed business decisions
In-depth analysis of the drivers and challenges that will impact the growth of the market between 2024 and 2028
Predictions about upcoming trends and changes in consumer behavior
A thorough industry analysis of the competitive landscape and detailed information on key companies in the market, including factors such as market positioning and product offerings
Region-by-region analysis of market growth and opportunities across North America, Europe, APAC, South America, and the Middle East and Africa

Automotive MRO Market segmentation

The automotive MRO market is segmented according to type. Technavio’s industry report provides actionable market insights on each segment, including market share and growth forecasts.

Type Segmentation

Product-based
Service-based
Both

Regional analysis

Different parts of the world will have different demands, supply chain logistics, legal nuances, and other factors to take into consideration when entering a new market. Technavio’s automotive MRO market research helps facilitate strategic business decisions by providing a historical and focused look at regional markets, including market trends, drivers, and challenges as well as predictions for regional market sizes and growth.

Regions covered in this report include:

North America
Europe
APAC
South America
The Middle East and Africa

Competitive landscape

This report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies in order to help clients improve their market positions. It also provides a detailed analysis of the upcoming automotive MRO market trends and challenges and how they will influence market growth, designed to help companies create effective strategies to make the most of the global market.

Companies leading the global automotive MRO market include:

ICRON TECHNOLOGIES
Fraunhofer Gesellschaft
NM and E Co., Ltd.
Performance Consulting Associates
PSMI Corporation

Market trends and dynamics

In order to make informed business decisions and strategies, it’s important to be informed of the many factors impacting the market. What is driving growth in the market and how does that influence new product releases? What challenges are increasing risk for a specific course of action or in a specific market? What will the key trends be over the next several years and what is the best way to take advantage of them? The answers to these questions help companies to evaluate business approaches and develop growth strategies.

With the industrialization and technological development of the automotive sector, supply chain management in MRO has become more sophisticated. It's essential to ensure a steady supply of industrial spare parts, equipment, and consumables to keep operations running smoothly. Cost structures in the automotive MRO market are influenced by factors such as labor costs, inventory costs, operational expenditures, and supply chain management expenses. Manufacturers strive to optimize these costs to remain competitive while meeting stringent and precise requirements set by automotive authorities to ensure safety for passengers.

The integration of digital technologies is transforming the automotive MRO landscape. Predictive maintenance, new technology, and smart inventory management systems are becoming increasingly prevalent, allowing manufacturers to reduce downtime and optimize operational activities.

MRO service providers operate in a highly competitive market characterized by aggressive pricing strategies and cost-sensitive customers. To remain competitive, providers must focus on innovation, flexibility, and convenience.

Faq on Automotive MRO Market

1.What are the key services offered in Automotive MRO?
Key services in Automotive MRO include routine maintenance (such as oil changes and tire rotations), diagnostics and repair of mechanical and electrical components, engine overhauls, brake system repairs, and transmission servicing.

2. What are the main drivers of the Automotive MRO market?
Drivers of the Automotive MRO market include increasing vehicle ownership, aging vehicle fleets requiring more maintenance, technological advancements necessitating specialized repair expertise, and regulatory standards for vehicle safety and emissions.

3. Who are the major players in the Automotive MRO industry?
Major players in the Automotive MRO industry include automotive service providers, independent repair shops, dealership service centers, parts suppliers, and specialized equipment manufacturers.

4. How is technology impacting the Automotive MRO market?
Technology is transforming the Automotive MRO market through innovations such as diagnostic tools, computerized systems for vehicle analysis, automated repair processes, and the integration of IoT (Internet of Things) for real-time monitoring and predictive maintenance.

5. What are the challenges facing the Automotive MRO industry?
Challenges in the Automotive MRO industry include competition from OEM (Original Equipment Manufacturer) service centers, technician shortages, rising costs of equipment and parts, maintaining quality standards, and adapting to evolving vehicle technologies.

Automotive MRO Market Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on North America: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Regional - Market size and forecast 2023-2028 ($ billion)

4 Historic Market Size

4.1 Dietary supplements market in North America 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on dietary supplements market in north America 2018 - 2022 ($ billion)

4.2 Distribution Channel Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Distribution Channel Segment 2018 - 2022 ($ billion)

4.3 Product Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Product Segment 2018 - 2022 ($ billion)

4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 22: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 23: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 24: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 25: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 26: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 27: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 28: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Distribution Channel

6.1 Market segments
- Exhibit 29: Chart on Distribution Channel - Market share 2023-2028 (%)
- Exhibit 30: Data Table on Distribution Channel - Market share 2023-2028 (%)

6.2 Comparison by Distribution Channel
- Exhibit 31: Chart on Comparison by Distribution Channel
- Exhibit 32: Data Table on Comparison by Distribution Channel

6.3 Offline - Market size and forecast 2023-2028
- Exhibit 33: Chart on Offline - Market size and forecast 2023-2028 ($ billion)
- Exhibit 34: Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Chart on Offline - Year-over-year growth 2023-2028 (%)
- Exhibit 36: Data Table on Offline - Year-over-year growth 2023-2028 (%)

6.4 Online - Market size and forecast 2023-2028
- Exhibit 37: Chart on Online - Market size and forecast 2023-2028 ($ billion)
- Exhibit 38: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Chart on Online - Year-over-year growth 2023-2028 (%)
- Exhibit 40: Data Table on Online - Year-over-year growth 2023-2028 (%)

6.5 Market opportunity by Distribution Channel
- Exhibit 41: Market opportunity by Distribution Channel ($ billion)
- Exhibit 42: Data Table on Market opportunity by Distribution Channel ($ billion)

7 Market Segmentation by Product

7.1 Market segments
- Exhibit 43: Chart on Product - Market share 2023-2028 (%)
- Exhibit 44: Data Table on Product - Market share 2023-2028 (%)

7.2 Comparison by Product
- Exhibit 45: Chart on Comparison by Product
- Exhibit 46: Data Table on Comparison by Product

7.3 Vitamins - Market size and forecast 2023-2028
- Exhibit 47: Chart on Vitamins - Market size and forecast 2023-2028 ($ billion)
- Exhibit 48: Data Table on Vitamins - Market size and forecast 2023-2028 ($ billion)
- Exhibit 49: Chart on Vitamins - Year-over-year growth 2023-2028 (%)
- Exhibit 50: Data Table on Vitamins - Year-over-year growth 2023-2028 (%)

7.4 Fatty acids - Market size and forecast 2023-2028
- Exhibit 51: Chart on Fatty acids - Market size and forecast 2023-2028 ($ billion)
- Exhibit 52: Data Table on Fatty acids - Market size and forecast 2023-2028 ($ billion)
- Exhibit 53: Chart on Fatty acids - Year-over-year growth 2023-2028 (%)
- Exhibit 54: Data Table on Fatty acids - Year-over-year growth 2023-2028 (%)

7.5 Combination - Market size and forecast 2023-2028
- Exhibit 55: Chart on Combination - Market size and forecast 2023-2028 ($ billion)
- Exhibit 56: Data Table on Combination - Market size and forecast 2023-2028 ($ billion)
- Exhibit 57: Chart on Combination - Year-over-year growth 2023-2028 (%)
- Exhibit 58: Data Table on Combination - Year-over-year growth 2023-2028 (%)

7.6 Probiotics - Market size and forecast 2023-2028
- Exhibit 59: Chart on Probiotics - Market size and forecast 2023-2028 ($ billion)
- Exhibit 60: Data Table on Probiotics - Market size and forecast 2023-2028 ($ billion)
- Exhibit 61: Chart on Probiotics - Year-over-year growth 2023-2028 (%)
- Exhibit 62: Data Table on Probiotics - Year-over-year growth 2023-2028 (%)

7.7 Others - Market size and forecast 2023-2028
- Exhibit 63: Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 64: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 65: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibit 66: Data Table on Others - Year-over-year growth 2023-2028 (%)

7.8 Market opportunity by Product
- Exhibit 67: Market opportunity by Product ($ billion)
- Exhibit 68: Data Table on Market opportunity by Product ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 69: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 70: Chart on Market share by geography - 2023-2028 (%)
- Exhibit 71: Data Table on Market share by geography - 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 72: Chart on Geographic comparison
- Exhibit 73: Data Table on Geographic comparison

9.3 US - Market size and forecast 2023-2028
- Exhibit 74: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 75: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 76: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 77: Data Table on US - Year-over-year growth 2023-2028 (%)

9.4 Canada - Market size and forecast 2023-2028
- Exhibit 78: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
- Exhibit 79: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Chart on Canada - Year-over-year growth 2023-2028 (%)
- Exhibit 81: Data Table on Canada - Year-over-year growth 2023-2028 (%)

9.5 Mexico - Market size and forecast 2023-2028
- Exhibit 82: Chart on Mexico - Market size and forecast 2023-2028 ($ billion)
- Exhibit 83: Data Table on Mexico - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Chart on Mexico - Year-over-year growth 2023-2028 (%)
- Exhibit 85: Data Table on Mexico - Year-over-year growth 2023-2028 (%)

9.6 Market opportunity by geography
- Exhibit 86: Market opportunity by geography ($ billion)
- Exhibit 87: Data Table on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 88: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 89: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 90: Overview on factors of disruption

11.4 Industry risks
- Exhibit 91: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 92: Vendors covered

12.2 Market positioning of vendors
- Exhibit 93: Matrix on vendor position and classification

12.3 AEGLE Nutrition
- Exhibit 94: AEGLE Nutrition - Overview
- Exhibit 95: AEGLE Nutrition - Product / Service
- Exhibit 96: AEGLE Nutrition - Key offerings

12.4 BioTech Pharmacal
- Exhibit 97: BioTech Pharmacal - Overview
- Exhibit 98: BioTech Pharmacal - Product / Service
- Exhibit 99: BioTech Pharmacal - Key offerings

12.5 Divine Design Manufacturing
- Exhibit 100: Divine Design Manufacturing - Overview
- Exhibit 101: Divine Design Manufacturing - Product / Service
- Exhibit 102: Divine Design Manufacturing - Key offerings

12.6 Gemini Pharmaceuticals
- Exhibit 103: Gemini Pharmaceuticals - Overview
- Exhibit 104: Gemini Pharmaceuticals - Product / Service
- Exhibit 105: Gemini Pharmaceuticals - Key offerings

12.7 Gummi World
- Exhibit 106: Gummi World - Overview
- Exhibit 107: Gummi World - Product / Service
- Exhibit 108: Gummi World - Key offerings

12.8 Life All Natural
- Exhibit 109: Life All Natural - Overview
- Exhibit 110: Life All Natural - Product / Service
- Exhibit 111: Life All Natural - Key offerings

12.9 Life Solution
- Exhibit 112: Life Solution - Overview
- Exhibit 113: Life Solution - Product / Service
- Exhibit 114: Life Solution - Key offerings

12.10 Makers Nutrition LLC
- Exhibit 115: Makers Nutrition LLC - Overview
- Exhibit 116: Makers Nutrition LLC - Product / Service
- Exhibit 117: Makers Nutrition LLC - Key offerings

12.11 Organimed LLC
- Exhibit 118: Organimed LLC - Overview
- Exhibit 119: Organimed LLC - Product / Service
- Exhibit 120: Organimed LLC - Key offerings

12.12 Pharmatech Inc.
- Exhibit 121: Pharmatech Inc. - Overview
- Exhibit 122: Pharmatech Inc. - Product / Service
- Exhibit 123: Pharmatech Inc. - Key offerings

12.13 ROCKTOMIC LABS LLC
- Exhibit 124: ROCKTOMIC LABS LLC - Overview
- Exhibit 125: ROCKTOMIC LABS LLC - Product / Service
- Exhibit 126: ROCKTOMIC LABS LLC - Key offerings

12.14 Superior Supplement Manufacturing LLC
- Exhibit 127: Superior Supplement Manufacturing LLC - Overview
- Exhibit 128: Superior Supplement Manufacturing LLC - Product / Service
- Exhibit 129: Superior Supplement Manufacturing LLC - Key offerings

12.15 Supplement Manufacturing Partner
- Exhibit 130: Supplement Manufacturing Partner - Overview
- Exhibit 131: Supplement Manufacturing Partner - Key offerings

12.16 Twinlab Consolidated Corp.
- Exhibit 132: Twinlab Consolidated Corp. - Overview
- Exhibit 133: Twinlab Consolidated Corp. - Product / Service
- Exhibit 134: Twinlab Consolidated Corp. - Key offerings

12.17 Veluca Inc.
- Exhibit 135: Veluca Inc. - Overview
- Exhibit 136: Veluca Inc. - Product / Service
- Exhibit 137: Veluca Inc. - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 138: Inclusions checklist
- Exhibit 139: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 140: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 141: Research methodology
- Exhibit 142: Validation techniques employed for market sizing
- Exhibit 143: Information sources

13.5 List of abbreviations
- Exhibit 144: List of abbreviations

Automotive MRO Market by Product Type, by Application and Geographic: Analysis, Size, Growth, Trends, and Forecast, 2024-2028