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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 SWOT Analysis Chapter

The Oil Change Services industry is in the decline phase of its life cycle. Industry value added, which measures the industry's contribution to the overall economy, is expected to grow at an average annual rate of 1.6% over the 10 years to 2019. By contrast, GDP is anticipated to grow at an annualized rate of 2.5% over the same period. Additionally, the industry has suffered from external competition due to major retailers offering oil changes at discounted rates. Partly because of this fact, oil changes are a very price sensitive offering, and the price for this service has been dropping significantly during the past five years. In response, industry operators have been selling other products to grow revenue... 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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