Based on the forecast data for the UK motor vehicle maintenance and repair sector, the gross investment is projected to grow from 1.09 billion pounds in 2024 to 1.18 billion pounds by 2028. Totals are expressed in value and show an upward trend, with a consistent year-on-year growth rate: 2.75% in 2025, 1.79% in 2026, 1.75% in 2027, and 1.72% in 2028. The Compound Annual Growth Rate (CAGR) over this period is around 1.88%, indicating a stable and modest growth in the sector.
Future trends to watch for include:
- Advancements in vehicle technology impacting service and maintenance practices.
- Potential regulatory changes influencing sector dynamics.
- The effects of electric vehicle adoption on maintenance needs and investment levels.
