100+ Transmission general repair PowerPoint (PPT) Presentations, Transmission general repair PPTs

Transmission general repair - PowerPoint PPT Presentation

The Increase in the Vehicle Miles Travelled is Expected to Drive the Transmission Repair Market

Ride sharing is a key factor in the growth of the transmission repair market. The growth of ride sharing market is directly proportional to the vehicle parc and average miles driven, which, in turn, drive the growth of the transmission repair market. For instance, in December 2016, Lyft and Uber together reached 500 million miles of coverage from 460 million miles in the US. The growth of ride sharing contributes to the increase in average vehicle miles traveled, which propels the growth of the transmission repair market.

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Transmission Repair Market Details on Business Overview, Recent Developments, SWOT Analysis

The Transmission Repair Market is projected to grow at a CAGR of 3.25% during the forecast period, to reach USD 233.70 billion by 2022. The adoption of preventive/periodic maintenance services for transmission, extended warranty, and growth of advanced technologies are triggering the market for transmission repair. Other factors driving the transmission repair market are the increase in ride sharing and rise in vehicle parc volume.

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Transmission general repair - PowerPoint PPT Presentation

The Increase in the Vehicle Miles Travelled is Expected to Drive the Transmission Repair Market

Transmission Repair Market Details on Business Overview, Recent Developments, SWOT Analysis