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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 2014

Shifting gears: Consumers will resume spending on services, but external competition remains a threat

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 09-14
2.9%
Annual Growth 14-19
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Profit
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Employment
64,605
Businesses
5,090
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 2014, 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 recent economic downturn, the industry surged over the five years to 2014, thanks to increases in the number of motor vehicle registrations and total vehicle miles driven. The number of cars on the road affects industry demand, with increases leading to sales volume growth. Additionally, the increase of total vehicle miles driven will also benefit industry revenue growth, as automobiles require industry services with more mileage. As a result, IBISWorld estimates industry revenue will grow at an annualized rate of 2.9% to $7.1 billion over the five-year period, lifted by an estimated 1.2% increase in 2014... 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 changesCabin air filter servicesTire rotationsTransmission 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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