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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 | Oct 2014

In repair: Growing disposable income will increase consumer demand for industry services

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
$60bn
Annual Growth 09-14
3.2%
Annual Growth 14-19
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Profit
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Employment
553,075
Businesses
259,694
Industry Analysis & Industry Trends

The recession led to a drop in disposable income, causing many consumers to turn to auto parts retailers and fix their vehicles on their own. As the economy has improved since the recession, consumers have returned to mechanics rather than auto parts retailers, resulting in moderate industry growth. In the five years to 2019, the industry is set to recover slowly as personal disposable income levels grow, enabling consumers to visit mechanics more often, boosting industry revenue... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Auto Mechanics industry is in the mature stage of its life cycle. Industry value added (IVA), a measure of an industry's contribution to the economy, is expected to grow at an annualized rate of 1.6% over the 10 years to 2019. Comparatively, US GDP is anticipated to grow at an annualized rate of 2.5% over the same period. While IVA growth slower than GDP growth typically indicates an industry in the decline stage of its life cycle, other factors suggest that this industry is mature.

The demand for auto mechanic services varies depending patterns in motor vehicle use and levels of disposable income. When national automobile use and the average age of US vehicles increase, the stock of cars and trucks in need of repair increases as well, raising demand for industry services... 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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