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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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 Products Chapter

Powertrain repair services

The powertrain of a motor vehicle includes all of the major parts required for the vehicle to run, including the engine, transmission, wheels, axle and other crucial parts. Given that an automobile requires a properly functioning powertrain to operate, powertrain repair services are the largest source of industry revenue. This segment has increased as a share of industry revenue over the five years to 2016, as growth in disposable income levels have encouraged consumers to purchase professional repair services more often than during the recessionary period. However, rising income levels also motivates consumers to buy new cars and trucks instead of investing in the repair of older vehicles, which threatens this segment's growth... 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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