The global electric passenger car maintenance, repair, and overhaul (MRO) market is on the brink of rapid expansion, with revenues projected to reach USD 6,081.7 million by 2025 and climb to approximately USD 40,577.9 million by 2035. This remarkable 20.9% CAGR underscores the accelerating growth of the global EV fleet and reflects the rising complexity and maturity of maintenance needs for batteries, drivetrains, and advanced electronic systems.
This rapid growth highlights not only the increasing size of the EV fleet but also the complexity of keeping these vehicles road-ready. Unlike traditional vehicles, EVs require advanced expertise in high-voltage systems, predictive diagnostics, and software recalibration.
Full Market Report available for delivery. For purchase or customization, please request here – https://www.futuremarketinsights.com/reports/sample/rep-gb-16461
Market Trends Highlighted
- Growing focus on battery diagnostics, servicing, and recycling as EV adoption accelerates globally.
- Expansion of AI-powered predictive maintenance and remote diagnostics to improve efficiency and reduce downtime.
- Emergence of certified EV repair networks and franchise general repair shops catering to multi-brand service needs.
- Increasing adoption of OTA (over-the-air) updates and digital service platforms for software-driven vehicle optimization.
- Integration of sustainability practices, including second-life battery use, recycling, and circular economy models.
Key Developments
- AI-based predictive maintenance and digital twin monitoring are set to redefine EV service models by 2035.
- Solid-state batteries and self-healing materials will extend EV lifecycles, lowering long-term repair costs.
- Robotic service stations and autonomous mobile repair fleets are emerging as futuristic service delivery modes.
- Governments across North America, Europe, and Asia-Pacific are heavily investing in EV service infrastructure and technician training programs.
- Automakers are expanding certified EV service centers to ensure quality, brand-specific maintenance, and warranty compliance.
Key Takeaways of the Report
- By 2035, the market will grow more than six-fold compared to 2025 levels.
- Battery and electronic system MRO are the dominant service categories, contributing significantly to industry revenues.
- Asia-Pacific will emerge as the fastest-growing region due to surging EV adoption in China, Japan, and South Korea.
- High battery repair costs remain the top challenge, while the expansion of certified repair networks offers significant growth opportunities.
- Market competition is intensifying, with OEMs, franchise repair shops, and AI-driven service platforms vying for market share.
Market Drivers
- Rising EV Adoption – Accelerated by government subsidies, stricter emission regulations, and consumer demand for sustainable transport.
- Technological Advancements – Growth in battery technology, thermal management systems, and ADAS software updates.
- Infrastructure Expansion – Rapid deployment of EV charging and service facilities.
- Digitalization – Increased reliance on AI, IoT, and blockchain-enabled maintenance records.
- Sustainability Push – Adoption of eco-friendly repair models, battery recycling, and green service centers.
Regional Insights
- North America: Driven by strong EV sales in the U.S. and Canada, with heavy investment in EV-certified service networks.
- Europe: Led by Germany, Norway, and the U.K., supported by environmental regulations and advanced service ecosystems.
- Asia-Pacific: Fastest-growing market due to massive EV adoption in China, Japan, and South Korea, combined with government incentives.
Country-wise CAGR Analysis (2025–2035)
- United States: 21.3% CAGR – propelled by predictive maintenance adoption and government EV incentives.
- United Kingdom: 20.5% CAGR – driven by ICE vehicle phase-out policies and strong EV service expansion.
- European Union: 20.8% CAGR – supported by the EU Green Deal, battery recycling programs, and subscription-based maintenance models.
- Japan: 20.2% CAGR – boosted by strong EV industry leadership and battery lifecycle innovations.
- South Korea: 21.0% CAGR – supported by advanced battery technology and EV health monitoring platforms.
Competition Outlook
The market is competitive, with established automotive service leaders and emerging EV-focused networks:
- Tesla, Inc. (12–16% share) – Proprietary EV diagnostics, OTA updates, and in-house service networks.
- Bosch Automotive Service (10–14%) – Specializes in powertrain diagnostics and predictive maintenance.
- Continental AG (8–12%) – High-voltage component and braking system servicing.
- ZF Friedrichshafen AG (6–10%) – Drivetrain and modular EV repair solutions.
- Siemens AG (4–8%) – AI-driven diagnostics and EV charging maintenance.
- Other players (45–55%) include Valvoline, Denso, Nissan, Rivian, and Tenneco, all expanding EV service offerings.
Key Segments of Market Report
- By Vehicle Type
- Battery Electric Vehicles (BEVs) – Largest segment, with demand for battery health monitoring, OTA updates, and regenerative braking service.
- Plug-in Hybrid Electric Vehicles (PEVs) – Growing steadily with dual-powertrain servicing needs.
- By Service Network
- Franchise General Repairs – Accessible, cost-effective, multi-brand service solutions.
- OEM Authorized Service Centres – Specialized, brand-backed diagnostics and proprietary repair programs.
- By Region
- North America, Europe, Asia-Pacific, and Rest of World.
Stay Ahead – Grab the Report: https://www.futuremarketinsights.com/reports/brochure/rep-gb-16461
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
