In 2024, the number of young high-growth enterprises, or gazelles, in Italy's motor vehicles maintenance and repair sector stands at 34. This number is expected to rise steadily, reaching 45 by 2028. From 2024 to 2025, the sector is projected to grow by approximately 5.9%, continuing a similar upward trend with a 7.7% increase from 2025 to 2026, and another 7.7% from 2026 to 2027. The growth from 2027 to 2028 is expected to be around 7.1%. The compound annual growth rate (CAGR) over this forecasted period is about 6.1% per year.
Future trends to watch for in this segment include:
- Increases in consumer demand for maintenance services due to an aging vehicle fleet.
- Technological advancements and digitalization in vehicle repair practices.
- Potential regulatory changes affecting the automotive sector.
- Shifts in workforce skill requirements as electric and hybrid vehicles become more prevalent.