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Oil Change Services in the US: Market Research Report

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

Oil Change Services Market Research Report | NAICS 81119b | Jun 2016

Shifting gears: Operators will rely more on add-on serves as competition grows

IBISWorld’s Oil Change Services 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
Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 11-16
0.2%
Annual Growth 16-21
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Profit
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Employment
91,543
Businesses
34,040
Industry Analysis & Industry Trends

Although disposable income fell during the downturn, causing consumers to delay vehicle maintenance, the recession also created pent-up demand because vehicle maintenance cannot be delayed indefinitely. As such, industry revenue is expected to grow in 2016, as consumers inevitably seek out industry operators for necessary maintenance. The industry is forecast to grow over the next five years, albeit at a slower rate. Disposable income is set to rise and, in turn, consumers will visit industry providers at accelerating rates. However, external competition will remain a concern for the industry, as larger entities continue pressuring industry operators on price... purchase to read more

Industry Report - Industry Analysis Chapter

The Oil Change Services industry provides oil changes and other automotive maintenance, including tire rotations, air filter changes and transmission flushes. Despite the economic recovery, the industry remained subdued over the five years to 2016, due to volatile oil prices. The world price of crude oil increased at a double-digit rate in 2011 and continued to increase, albeit at a slower rate, in 2012, which discouraged many consumers from driving their vehicles. Fewer vehicle miles driven equated to less demand for oil change and other maintenance services, hurting the industry. However, the industry turned a corner in 2014, in line with dropping oil prices... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Oil Change Services Industry?

Industry operators change motor oil, lubricate the chassis of automotive vehicles and provide other automotive repair and maintenance services, such as tire rotations and liquid flushes. Unlike auto mechanics, companies in this industry do not provide mechanical and electrical repair and maintenance. Industry operators are also not involved in body, paint, interior and glass repair. Companies that provide car wash services are also not included.

Industry Products
Oil changesTire rotationsCabin air filters Transmission flush services
 
Industry Activities
Providing automotive oil change and lubrication servicesProviding automotive emissions testing servicesProviding automotive rustproofing and undercoating servicesProviding automotive safety inspection servicesProviding automotive tire repair services (except retreading)Providing diagnostic testing without repair servicesProviding emissions testing with repair servicesSpray-on bed liner installation for trucks


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