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Industry Overview
Global automotive collision repair market size is expected to attain USD 196 billion by 2020, growing at a
CAGR of over 2% from 2014 to 2020. Aging fleets of automobiles and increasing number vehicles on
roads are the major factors that are estimated to have a positive impact on the global collision repair
market.
Transport authorities and government in various regions are taking stringent measures for automobile
buyers to purchase insurance cover. Growing vehicle sales with collision and comprehensive coverage is
likely to benefit insurance companies. In case of accidental events, repair centres are expected to get
advantage owing to the mandate of repairing the financed vehicles. These factors are expected to fuel
automotive collision repair market growth over the next few years.
Browse Detail Report With TOC @
http://www.hexaresearch.com/research-report/automotive-collision-repair-industry/