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Auto Mechanics in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Auto Mechanics Market Research Report | NAICS 81111 | Apr 2016

Fixed up: Rising incomes and corporate profit will boost industry demand

IBISWorld’s Auto Mechanics market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$58bn
Annual Growth 11-16
1.0%
Annual Growth 16-21
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Profit
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Employment
536,113
Businesses
252,683
Industry Analysis & Industry Trends

The Auto Mechanics industry has grown steadily over the past five years. Individuals and businesses have increased demand for industry services, as rising per capita disposable income and corporate profit encourages consumers to opt for auto mechanic services over do-it-yourself repair. In the coming years, disposable income levels are expected to continue to grow, encouraging some consumers to spend more on the maintenance and repair of their vehicles. However, as consumers become more comfortable financially, an increasing number of car owners is expected to scrap older vehicles in need of expensive repairs, and instead opt to buy new replacement vehicles... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Auto Mechanics industry has a very low level of concentration. The industry is highly fragmented, with nonemployers expected to account for an estimated 65.0% of total industry enterprises in 2016. There are several national auto mechanic chains, including Jiffy Lube, Midas and Monro. However, none of these companies control more than 1.0% of the overall national market. The introduction of new small nonemployer auto repair shops has increasingly driven industry concentration down. However, Monro and other relatively larger companies have expanded during the five-year period through the acquisition of smaller operators. As a result, market share concentration has remained steady over the past five years... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Auto Mechanics Industry?

The Auto Mechanics industry provides mechanical and electrical repair and maintenance work for cars, trucks, vans and trailers. Operators include self-employed mechanics, auto repair shops, garages and car care centers. This industry does not include car dealerships, auto parts retailers or gas stations that provide industry services. Industry services do not include auto bodywork, car washes, oil changes or air conditioning repair (IBISWorld reports 81112, 81119a and 81119b).

Industry Products
Powertrain repair servicesBrake repair servicesScheduled and preventative repair and maintenance servicesElectrical system repair servicesHeating repair servicesMuffler and exhaust repair servicesWheel alignment and repair servicesOther repair and maintenance services
 
Industry Activities
Repairing and replacing automotive enginesPerforming general automotive repairsRepairing trucksRepairing and replacing automotive exhaust systemsRepairing and replacing mufflersRepairing automotive transmissionsRepairing automotive brakesPerforming automotive electric repairsPerforming automotive wheel alignmentsRepairing automotive radiators


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