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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 | Mar 2015

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

The Auto Mechanics market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$62bn
Annual Growth 10-15
2.2%
Annual Growth 15-20
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Profit
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Employment
561,768
Businesses
263,755
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 2020, 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 Analysis Chapter

Auto Mechanics industry revenue has been driven forward over the past five years. The recession led to a drop in disposable income and corporate profit, causing some consumers and businesses to fix their vehicles themselves or turn to auto parts retailers for repair, while others opted to delay nonessential car and truck repairs as long as possible. However, as levels of per capita income and corporate profit have grown over the past five years, consumers and businesses have simultaneously increased spending on industry services, leading to a return to industry growth. As a result, IBISWorld expects industry revenue to grow at an annualized rate of 2.2% over the five years to 2015. In 2015, industry revenue is expected to expand 0.5% to $61.6 billion... 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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