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Vehicle History Report Providers in the US: Market Research Report

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

Vehicle History Report Providers Market Research Report | Advisory & Financial Services | Investment Research & Platforms | Apr 2013

All checked out: Increasing car sales will boost demand for vehicle history reports

IBISWorld’s Vehicle History Report Providers 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
Carfax Carfax market share
Experian Experian market share
Industry Statistics & Market Size
Revenue
$516m
Annual Growth 08-13
-1.0%
Annual Growth 13-18
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Profit
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Employment
1,193
Businesses
74
Industry Analysis & Industry Trends

The Vehicle History Report Providers industry declined slightly over the past five years because car sales were down due to the recession; higher disposable income levels will spur used car sales and in turn demand for vehicle history reports. Companies that develop mobile apps will fare particularly well by being able to serve car buyers directly on the lot.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Vehicle History Report Providers industry is in the growth phase of its life cycle, characterized by a growth outpacing the overall economy, technological change and market stability. IBISWorld estimates that in the 10 years to 2018, industry value added (IVA), a measurement of the industry's contribution to the total US economy, has grown at an annualized rate of 3.3%. This rate outpaces expected US GDP growth of 2.1% during the same period. While the industry did contract during the recession, its widely used and demanded product limited the downturn's damage. While it is not mandatory to provide vehicle history reports at the sale of a used car, customers expect them, and providing the reports is conventional in the Used Car Dealers industry (IBISWorld report 44112)... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Vehicle History Report Providers Industry?

Industry firms provide detailed vehicle history reports to consumers and businesses. These reports include information about the vehicle's accident history and usually include an estimated current value. This industry excludes auto repair facilities, shops and independent mechanics that can inspect a vehicle and provide information on its history.

Industry Products
Single report sales30-day consumer membershipDealer memberships
 
Industry Activities
Selling vehicle history reports (including past ownership, accidents, emissions tests and repair work)Purchasing automobile data and information


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