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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 | Oct 2015

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

IBISWorld’s Oil Change Services 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
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 10-15
-1.6%
Annual Growth 15-20
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Profit
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Employment
90,028
Businesses
31,946
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 2015, 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 Products Chapter

Oil changes

Oil change services generate the majority of industry revenue, accounting for an estimated 56.1% in 2015. Oil change services are often the most price-competitive service offered to lure customers to buy other services and products with higher profit margins. Despite the economic recovery, price for oil changes have remained low across the board. This is due to price pressures and industry operators' need to stay competitive. However, as the economy continues to trend upward, prices for this service are expected to follow suit. Nonetheless, this segments share of revenue is expected to increase over the five years to 2015, as demand for oil change services is expected to increase in line with the economic recovery... 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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