The maintenance and repair of motor vehicles sector in Turkey has exhibited steady growth from 2013 to 2023, with production value rising from 7.19 billion to 36.43 billion New Turkish Liras. Between the years, the sector experienced varying year-on-year growth rates: peaking in 2020 with a 32.55% increase and slowing to 9.68% in 2019. The five-year Compound Annual Growth Rate (CAGR) leading to 2023 is 16.17%, illustrating robust long-term development. With forecasts extending to 2028, the sector is expected to grow at a 5-year CAGR of 6.79%, reaching 56.2 billion New Turkish Liras by 2028.

Key future trends to watch for include:

Technological advancements in vehicle repair procedures, potentially driving efficiencies.
Shifts towards electric vehicle maintenance as the market share of EVs grows.
Impact of economic factors and currency fluctuations on service costs and consumer demand.
Adoption of data analytics and AI in predictive maintenance to reduce downtime and costs.