The global Electric Vehicle Maintenance, Repair, and Overhaul (MRO) market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of % from 2025 to 2031.

Electric Vehicle Maintenance, Repair, and Overhaul (MRO) refer to the range of services and activities involved in maintaining, repairing, and overhauling electric vehicles (EVs). This includes routine maintenance tasks like battery checks, tire rotations, and brake inspections, as well as more complex repair and overhaul processes for components like electric motors, power electronics, and battery systems. The growing adoption of electric vehicles has led to the development of a robust MRO market to support the service and upkeep of these vehicles. The market serves EV manufacturers, service centers, and independent repair facilities.

Global EV sales continued strong. A total of 10.5 million new BEVs and PHEVs were delivered during 2022, an increase of +55% compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reached 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe increased by 29% year-on-year to 1.58 million.

ReportPrime's newest research report, the “Electric Vehicle Maintenance, Repair, and Overhaul (MRO) Industry Forecast” looks at past sales and reviews total world Electric Vehicle Maintenance, Repair, and Overhaul (MRO) sales in 2024, providing a comprehensive analysis by region and market sector of projected Electric Vehicle Maintenance, Repair, and Overhaul (MRO) sales for 2025 through 2031. With Electric Vehicle Maintenance, Repair, and Overhaul (MRO) sales broken down by region, market sector, and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Vehicle Maintenance, Repair, and Overhaul (MRO) industry.

This Insight Report provides a comprehensive analysis of the global Electric Vehicle Maintenance, Repair, and Overhaul (MRO) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Electric Vehicle Maintenance, Repair, and Overhaul (MRO) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Vehicle Maintenance, Repair, and Overhaul (MRO) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Vehicle Maintenance, Repair, and Overhaul (MRO) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Vehicle Maintenance, Repair, and Overhaul (MRO).

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Vehicle Maintenance, Repair, and Overhaul (MRO) market by product type, application, key players and key regions and countries.

Key Features

• Market Size Forecast
• Trend Analysis
• Competitive Landscape

Segmentation by Type

• Battery Electric Vehicle MRO
• Plug-in Electric Hybrid Vehicle MRO

Segmentation by Application

• Franchise General Repairs
• OEM Authorized Service Centres
• Other Service Providers

Market by Region

• Americas
• APAC
• Europe
• Middle East & Africa

Company Coverage

• Robert Bosch GmbH
• LKC Corporation
• The Hybrid Shop
• Hyundai Motor Company
• ST Engineering
• Performance Consulting Associates, Inc.
• Micron Technology, Inc
• TMD Mobility
• Fraunhofer Gesellschaft
• NM and E Co., Ltd

Key Questions Addressed in this Report

• What are the key trends in Electric Vehicle MRO market?
• What factors are affecting the market growth?
• Who are the leading companies in this sector?
• What opportunities exist within the segments?
• What are the current market dynamics?