Auto Repair Services – Industry Analysis, Statistics, Trends, and Forecasts
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Industry Analysis, Statistics, Trends, and Forecasts
- Market size, product segments, and major markets
- Key industry statistics, trends, and financial ratios
- Operating conditions and current performance
- Competitive landscape and environment
- Major company profiles and market shares
- Five-year outlook and growth forecasts
Automotive Service Association
AutoInc. Magazine
https://www.autoinc.org/
Bimonthly trade journal features news and information for automotive service owners
and managers, with special features including the annual "How's Your Business?" survey
which provides information on sales, orders, and profits compared to prior year,
average number of vehicles serviced per month, average ticket charge, types of work
performed, specialty services, and biggest business challenges.
Babcox Media
Shop Owner Magazine
https://www.shopownermag.com/
Monthly trade magazine features news and information for owners of independent auto
repair shops, with topics covered in the publication including shop management
and operations, customer service, sales and marketing, recruiting qualified
technicians, training and technology, finance and insurance, and
equipment outlays. Current and prior digital editions of the publication
can be viewed free online.
UBM LLC
Motor Age
https://www.searchautoparts.com/
Monthly trade journal features news and information for automotive service professionals, with topics covered in various issues including business management, service operations, technical knowledge, technician training, and shop profiles highlighting best practices. Current and prior digital editions are accessible free online, with free digital subscription and e-newsletters available for qualifying parties.
Lang Marketing Resources, Inc.
Lang Aftermarket Annual Report
http://www.langmarketing.com/
Annual study provides in-depth analysis of various aspects of the automotive aftermarket, with topics covered in the study including automotive service market volume, service market outlet performance by type of outlet (e.g., service stations/garages, vehicle dealers, auto parts stores, tire stores, foreign specialists, and discount/mass merchandisers with bays), and outlet share of service market growth.
Freedonia Group
Automotive Repair & Maintenance Services
https://www.freedoniagroup.com/
Freedonia Focus market research report analyzes the U.S. market for the automotive service sector, with data provided in the study including historical and forecast revenues by type of service rendered (e.g., general mechanical, transmission, muffler and exhaust system, car wash and detail, oil change and lubrication, body, paint, interior, and glass, and others including brake, diagnostic, and electrical).
Mintel Group Ltd.
Auto Service, Maintenance, and Repair - US
https://store.mintel.com/
Consumer research report provides in-depth analysis of the auto service market, with topics covered in the study including market size and forecast, factors affecting demand, vehicles serviced by model year, service location (e.g., dealership, independent shop), reason for choosing a location (e.g., trust, brand, warranty, cost, and location), car owner maintenance behavior, and desired facility amenities.
BizMiner
Market Analysis
https://www.bizminer.com
Market analysis report provides industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.
For more industry research reports and other resources, see the following resource guide.
Financial Statements and Financial Ratios
Auto Repair Services
https://www.bizminer.com Search for "811111"
- Income and expenses in dollars and percentages
- Balance sheets in dollars and percentages
- Profitability and return on investment ratios
- Liquidity and working capital ratios
- Asset turnover and efficiency ratios
- Capital structure and debt service ratios
IBISWorld
Auto Repair Services
(see links for individual reports)
Financial benchmarking section of this report provides an analysis of industry income and expenses as a percentage of revenues for organizations that provide repair and maintenance services for cars, trucks, vans, and SUVs, with vehicle components typically serviced by these organizations including engines, transmissions, brakes, electrical systems, heating systems, mufflers, and exhaust systems.
Compensation and Salary Surveys
PayScale, Inc.
Automotive Repair
https://www.payscale.com/
Free online service provides salary, bonus, and hourly wage data for job positions in this sector such as general manager, service manager, service advisor/writer, automobile mechanic, and automotive technician, with employers for which salary or hourly wage data is provided including The Pep Boys- Manny, Moe & Jack, Firestone Complete Auto Care, Midas Inc., and Meineke Car Care Centers, Inc.
U.S. Bureau of Labor Statistics
Automotive Repair and Maintenance
https://www.bls.gov/oes/
Annual wage survey provides hourly and annual wage data on a national, state, and local area basis for personnel employed by companies that provide repair and maintenance services for cars, trucks, vans, and SUVs, with components serviced by these firms including engines, transmissions, brakes, tires, wheels, electrical/electronic systems, heating/cooling systems, mufflers, and exhaust systems.
Business Valuation Resources
Auto Body Shops
Auto Glass Repair and Replacement
Automotive Parts Distributors
Auto Parts Stores
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