Repair & Parts — General/automotive/auto

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) .

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 General/Automotive/Auto repair & parts

Despite strong demand, the industry faces significant operational headwinds: Finding affordable parts remains the top concern for

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 . To attract talent

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

The automotive repair and parts industry in 2026 is characterized by a record-high average vehicle age of . This aging fleet, driven by high new car prices, has created a steady baseline of demand for aftermarket services as consumers opt to repair older vehicles rather than replace them . Market Size and Growth Forecast

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" .