Forecast: Number of Enterprises in Maintenance and Repair of Motor Vehicles Sector in the UK

The number of enterprises in the maintenance and repair of motor vehicles sector in the UK has shown a steady growth trajectory starting from 2024, with an estimated value of 48.98 thousand enterprises. This number is expected to increase annually, reaching 51.51 thousand by 2028. Compared to the previous actual digits, this growth reflects a year-on-year increase ranging from approximately 1.3% to 1.5%. The Compound Annual Growth Rate (CAGR) for the 2024-2028 period is projected to be around 1.3%.

Future trends to watch for include:

  • Technological advancements influencing maintenance and repair operations, potentially sparking new enterprise growth.
  • Regulatory changes and environmental standards impacting service models and business sustainability.
  • The evolving digitalization of customer service processes within the sector.

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