Auto repair industry statistics

Auto Repair Industry Statistics and Trends - BrandonGaille. What is the size of the US auto industry? How large is automotive industry? What are the major trends in the automotive industry? The following statistics provide an industry outlook for auto repair services and maintenance.

General automotive repair – 85.

Automotive transmission and repair – 6. All other repairs – 5. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size. The general automotive repair shops industry currently has an estimated market value of approximately $billion. Furthermore, average sales per establishment are $0. There are approximately 465people currently employed in the general automotive repair shops industry , with each shop containing, on average, three workers.

Find industry analysis, statistics , trends, data and forecasts on Auto Mechanics in the US from IBISWorld. Get up to speed on any industry with comprehensive intelligence that is easy to read.

Lenient traffic policies and increasing on-road traffic in emerging nations will drive the market growth. Increasing population, rising per capita income, and growing automobile sales has created significant increase in road traffic resulting in road congestion and fatal accidents. The average length of vehicle ownership for both new and used vehicles has increased in the last years. The consumer trend is towards favoring large franchise auto repair businesses.

IBISWORLD believes used car dealerships to make $116. The following guide to industry information, research, and analysis provides sources for industry trends and statistics , market research and analysis, financial ratios and salary surveys, and more. The number of auto repair and maintenance establishments in the U. ORLY offers replacement auto parts for vehicles which are in need of repair , and its stock is down approximately year to date. Company and Industry Background.

NADA Data, an annual report on America’s franchised new-car dealerships, covers dealership sales, financial trends and more. The growth can be attributed to the advancements in automotive repair technology. For instance, various manufacturers are adopting advanced 3D production capabilities. AAMCO is prepared for it.

While consumers have warmed up to the technological enhancements in their cars, the auto repair industry is starting to panic. The market is majorly driven by the pursuit of automobile drivers to enhance their vehicle performance in terms of exhaust soun spee appearance, along with other aspects. The global automotive aftermarket size was valued at USD 378.

The US automotive repair and maintenance services industry includes about 160establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $1billion.

COMPETITIVE LANDSCAPE. The US automotive recycling industry is a crucial, market-driven industry with over $billion in annual sales. Demand depends on miles driven and the number of cars on the road.

The nation’s 16franchised dealers sold 17. Total new-vehicle sales topped $1. Dealerships wrote more than 3million repair orders, with service and parts sales totaling more than $1billion.