The Vehicle Periodic Maintenance Market involves the routine and preventive maintenance of motor vehicles including passenger cars, light commercial vehicles, heavy trucks and buses. Periodic maintenance involves services such as engine oil changes, brake inspection, transmission fluid replacement, air conditioning filter changes, emission checks, wheel balancing and alignment among others. It helps in early detection of component wear and ensures the smooth functioning of vehicles. The timely servicing and repairs carried out prevent unexpected breakdowns and reduce the risk of major repairs. The growing vehicle parc globally has increased the need for routine maintenance services.

The vehicle periodic maintenance market is estimated to be valued at USD 930.12 Bn in 2024 and is expected to reach USD 1236.5 Bn by 2031, growing at a compound annual growth rate (CAGR) of 4.1% from 2024 to 2031.

The rising vehicle ownership particularly in developing nations of Asia and Africa has boosted the need for Vehicle Periodic Maintenance Market services. As more people can afford personal vehicles, vehicle usage is increasing which makes periodic services important for extending the life of vehicles.

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