The turnover in the Repair of Motor Vehicles and Motorcycles sector in Turkey showed a noticeable upward trend from 2013 to 2023. As of 2023, the sector stood at 7.3203 trillion New Turkish Liras. Annual growth rates varied, with notable peaks in 2017 and 2020, at 25.99% and 24.14% respectively. On the other hand, the yearly growth rate experienced a steady increase, underpinned by an average annual CAGR of 16.71% over the five years leading up to 2023.

Forecasts from 2024 to 2028 suggest a continuation of this growth, albeit at a more moderated annual CAGR of 6.84%, translating to a 39.24% increase over the forecast period. Future growth trends to watch include:

Technological advancements in vehicle diagnostics and repair techniques.
Increased adoption of electric vehicles and associated repair requirements.
Economic policies and market dynamics influencing consumer spending on vehicle maintenance.