Europe Transmission Repair Market Size & Outlook
The transmission repair market in Europe is expected to reach a projected revenue of US$ 59,466.2 million by 2030. A compound annual growth rate of 2.9% is expected of Europe transmission repair market from 2024 to 2030.
Revenue, 2023 (US$M)
$48,715.9
Forecast, 2030 (US$M)
$59,466.2
CAGR, 2024 - 2030
2.9%
Report Coverage
Europe
Europe transmission repair market, 2018-2030 (US$M)
Europe transmission repair market highlights
- The Europe transmission repair market generated a revenue of USD 48,715.9 million in 2023.
- The market is expected to grow at a CAGR of 2.9% from 2024 to 2030.
- In terms of segment, passenger vehicles was the largest revenue generating vehicle type in 2023.
- Passenger Vehicles is the most lucrative vehicle type segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 48,715.9 million |
| Market revenue in 2030 | USD 59,466.2 million |
| Growth rate | 2.9% (CAGR from 2023 to 2030) |
| Largest segment | Passenger vehicles |
| Fastest growing segment | Passenger Vehicles |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Passenger Vehicles |
Other key industry trends
- In terms of revenue, Europe region accounted for 21.8% of the global transmission repair market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 82,329.3 million by 2030.
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Transmission Repair Market Scope
Transmission repair market segmentation & scope
Repair type
Transmission General Repair
Overhaul
Component
Gaskets & Seals
Transmission Filters
Clutch Plate
Gear
Oil Pump
Other component
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Transmission Repair Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe transmission repair market
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