Dublin, Jan. 06, 2026 (GLOBE NEWSWIRE) -- The "Automobile Parts Restoration Service Global Market Report 2025" has been added to ResearchAndMarkets.com's offering.
The automobile parts restoration service market is experiencing robust growth, projected to expand from $15.81 billion in 2024 to $16.94 billion in 2025, with a compound annual growth rate (CAGR) of 7.1%. The sector's rise is driven by demand for cost-effective vehicle maintenance and sustainable practices, coupled with the high cost of new parts and increased vehicle ownership in emerging markets.
Looking forward, the market is expected to reach $22.78 billion by 2029, rising at a CAGR of 7.7%. Key growth drivers include the need for quick spare parts restoration, investment in automotive infrastructure, and heightened awareness of the environmental impact of scrapped parts. Consumers now prefer certified refurbished over new components, aided by government incentives promoting sustainable automotive practices. The forecast period is marked by advancements in cleaning technologies, high-strength materials, and innovations in restoration methods like digital twin technology and better paint applications.
The burgeoning e-commerce sector for automotive services is significantly boosting this market. This trend, emphasizing convenience, efficiency, and accessibility, propels the demand for restored parts, as online platforms streamline the buying and delivery of vehicle-related services. For instance, U.S. retail e-commerce jumped to $304.2 billion in Q2 2025, marking a 5.3% increase from the previous year, as reported by the United States Census Bureau. Consequently, the shift towards online markets continues to propel the automobile parts restoration service market.
Leading companies in the sector are advancing repair solutions to extend vehicle lifespans, addressing customer concerns related to unclear billing and service inconsistencies. Such innovations enhance durability, performance, and environmental impact while minimizing costs. CARS24's launch of Fourdoor in June 2024 exemplifies this trend, offering transparent, affordable, and dependable restoration services with genuine parts, thus elevating customer satisfaction.
In a strategic move, LKQ Europe GmbH acquired Rhenoy Group in February 2023, aiming to strengthen its European market footprint in salvage and remanufacturing, particularly in recycled and remanufactured automotive parts.
Among the industry players are Classic Industries Corp., Original Parts Group Inc., YearOne Inc., Legendary Auto Interiors, Porsche Classic, and more. North America was the largest region in this market in 2024, with Asia-Pacific expected to grow the fastest during the forecast period, covering regions like Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Despite positive growth prospects, the market faces challenges from global trade dynamics, with rapid changes in tariffs impacting sectors crucial to automobile parts, such as semiconductors and rare-earth metals. Companies are relocating and innovating to mitigate these impacts.
The comprehensive market research report offers a detailed view of market statistics, regional shares, and competitive landscapes, crucial for understanding current trends and future opportunities in the automobile parts restoration service industry. It includes countries like Australia, Brazil, China, Germany, Russia, the USA, among others.
The market encompasses revenues from services like engine restoration, transmission repair, and body panel restoration, highlighting consumption values generated in specific geographies, focusing on sales and service offerings. Major companies featured include Classic Industries Corp., Original Parts Group Inc., YearOne Inc., among others, with geographies spanning countries like Australia, Brazil, China, France, India, UK, USA, and significant regions such as Asia-Pacific, Western Europe, and North America.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 250 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value (USD) in 2025 | $16.94 Billion |
| Forecasted Market Value (USD) by 2029 | $22.78 Billion |
| Compound Annual Growth Rate | 7.7% |
| Regions Covered | Global |
Report Scope:
- Markets Covered: Service types such as Engine, Transmission, Brake System, Interior, Exterior Restoration, and others.
- Vehicle Types: Passenger Cars, Commercial Vehicles, Classic Cars, etc.
- End-Users: Individual and Commercial.
- Subsegments include detailed breakdowns of engine components, transmission systems, brake systems, interior and exterior elements, and additional service types.
Companies Featured
- Classic Industries Corp.
- Original Parts Group Inc.
- YearOne Inc.
- SVP Unlimited
- Legendary Auto Interiors
- Porsche Classic
- Auto Metal Direct
- Goodmark Industries
- Steele Rubber Products
- Classic Auto Restoration Specialists (CARS Inc.)
- Dynacorn International Inc.
- Fabulous Restorations
- BMW Group
- ZF Friedrichshafen
- NTG Enterprises Inc.
- A & M Automotive
- Mopar Restoration (Stellantis)
- 9 Ameri Tech Products
- Robert Bosch GmbH
- Lamborghini Polo Storico
- Auto & Truck Bumper Recyclers
- Knight Automotive Technicians
- Mercedes-Benz Group
For more information about this report visit https://www.researchandmarkets.com/r/8mkdb
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