Fixer upper: Industry demand will rise due to increasing disposable income levels

The Auto Mechanics industry in Texas has exhibited solid growth over the past five years to 2017. Increasing per capita disposable income in Texas and overall corporate profit has encouraged consumers to invest in professional repair services, as opposed to do-it-yourself (DIY) repair, benefiting industry demand. Due to the prevalence of suburbs and highways in Texas, automobiles are a vital mode of transportation for many individuals and families. Moreover, vehicle registrations and vehicle miles in Texas have risen in recent years, which increases the pool of customers that require auto repairs and maintenance. The Auto Mechanics industry in Texas is expected to remain stable over the five years to 2022...purchase to read more.

Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 12-17
2.4%
Forecast Growth 17-22
Profit
Employment
48,663
Businesses
24,834

Industry Threats & Opportunities

  • Vehicle registrations and vehicle miles in Texas have risen in recent years, which increases the pool of customers
  • Industry profit is projected to fall due to an increase in wage costs and input costs
  • The industry is not anticipated to experience profit-enhancing benefits of economies of scale
  • Industry Report - Industry Products Chapter

    Powertrain repair servicesThe powertrain of a motor vehicle includes all of the major parts required for the vehicle to run, including the engine, transmission, wheels, axle and other crucial parts. Given that an automobile requires a properly functioning powertrain to operate, powertrain repair services are a considerable source of industry revenue. This segment has increased as a share of industry revenue over the five years to 2017, as growth in disposable income levels have encouraged consumers to purchase professional repair services. However, rising income levels also motivate consumers to buy new cars and trucks instead of investing in the repair of older vehicles, which threatens this segment's growth. In ...purchase to read more.

    Additional Insights for the Auto Mechanics in Texas Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Auto Mechanics in Texas Industry are

  • Access to skilled automotive technicians
  • Provision of superior after-sales service
  • Proximity to key markets
  • IBISWorld analysts also discuss how external factors such as Average age of vehicle fleet and New car sales in the Auto Mechanics in Texas industry impact industry performance..

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    What's in this report

    What is the Auto Mechanics in Texas Industry?

    The Auto Mechanics industry provides mechanical and electrical repair and maintenance for cars, trucks, vans and trailers. Operators include self-employed mechanics, auto repair shops, garages and car care centers. This industry does not include car dealerships, auto parts retailers or gas stations that provide industry services. Industry services do not include auto bodywork, car washes, oil changes or air conditioning repairs (IBISWorld reports 81112, 81119a and 81119b, respectively).

    Industry Products
  • Powertrain repair services
  • Brake repair services
  • Scheduled and preventative repair services
  • Electrical system repair services
  • Heating and A/C repair services
  • Muffler and exhaust repair services
  • Wheel alignment and repair services
  • Other services
  • Industry Activities
  • Repairing and replacing automotive engines
  • Performing general automotive repairs
  • Repairing trucks
  • Repairing and replacing automotive exhaust systems
  • Repairing and replacing mufflers
  • Repairing automotive transmissions
  • Repairing automotive brakes
  • Performing automotive electric repairs
  • Performing automotive wheel alignments
  • Repairing automotive radiators
  • Similar Industries
  • New Car Dealers
  • Used Car Dealers
  • Auto Parts Stores
  • Gas Stations with Convenience Stores
  • Car Body Shops
  • Car Wash & Auto Detailing
  • Oil Change Services
  • Auto Mechanics in California
  • Car Body Shops in California
  • Car Washes & Oil Change Shops in California
  • Auto Mechanics in New York
  • Car Body Shops in New York
  • Car Washes & Oil Change Shops in New York
  • Auto Mechanics in Illinois
  • Car Body Shops in Illinois
  • Car Wash & Auto Detailing in Illinois
  • Car Body Shops in Texas
  • Auto Mechanics in Florida
  • Car Body Shops in Florida
  • Car Wash & Auto Detailing in Florida
  • Auto Mechanics in Massachusetts
  • Car Body Shops in Massachusetts
  • Car Wash & Auto Detailing in Massachusetts
  • Car Body Shops in Ohio
  • Auto Mechanics in Ohio
  • Car Wash & Auto Detailing in Ohio
  • Auto Mechanics in Pennsylvania
  • Car Body Shops in Pennsylvania
  • Auto Mechanics in New Jersey
  • Car Body Shops in New Jersey
  • Auto Mechanics in Georgia
  • Car Body Shops in Georgia
  • Car Wash & Auto Detailing in Georgia
  • Auto Mechanics in Michigan
  • Car Body Shops in Michigan
  • Auto Mechanics in Wisconsin
  • Car Wash & Auto Detailing in Wisconsin
  • Auto Mechanics in Washington
  • Car Wash & Auto Detailing in Washington
  • Auto Mechanics in Virginia
  • Car Wash & Auto Detailing in Virginia
  • Auto Mechanics in Tennessee
  • Car Wash & Auto Detailing in Tennessee
  • Auto Mechanics in Missouri
  • Car Body Shops in Missouri
  • Car Wash & Auto Detailing in Missouri
  • Auto Mechanics in North Carolina
  • Car Wash & Auto Detailing in North Carolina
  • Auto Mechanics in Minnesota
  • Car Wash & Auto Detailing in Minnesota
  • Auto Mechanics in Maryland
  • Car Wash & Auto Detailing in Maryland
  • Auto Mechanics in Colorado
  • Car Wash & Auto Detailing in Colorado
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Average age of vehicle fleet
  • New car sales
  • Number of motor vehicle registrations
  • Per capita disposable income in Texas
  • Total vehicle miles

  • Current Performance
  • Industry trends
  • Industry landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Continued growth
  • Profit
  • Stable market share concentration
  • Table: Auto Mechanics in Texas Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Auto Mechanics in Texas Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Local Freight Trucking
  • Long-Distance Freight Trucking
  • Car Body Shops
  • Taxi & Limousine Services
  • Consumers

  • Key Selling Industries
  • Audio & Video Equipment Manufacturing
  • Auto Mechanics

  • Products & Services
  • Powertrain repair services
  • Brake repair services
  • Scheduled and preventative repair services
  • Heating and A/C repair services
  • Other services
  • Muffler and exhaust repair services
  • Electrical system repair services
  • Wheel alignment and repair services
  • Chart: Auto Mechanics in Texas Industry Products and Services Segmentation

  • Major Markets
  • Individuals
  • Businesses
  • Government
  • Nonprofits
  • Chart: Major Market Segmentation for the Auto Mechanics in Texas Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Auto Mechanics in Texas

  • Basis of Competition
  • Internal
  • External

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Auto Mechanics in Texas Industry

  • CARSTAR Franchise Systems Inc., Jiffy Lube International Inc., Meineke Car Care Centers LLC, Midas International Corporation,
  • Table: CARSTAR Franchise Systems Inc. - financial performance
  • Table: Jiffy Lube International Inc. - financial performance
  • Table: Meineke Car Care Centers LLC - financial performance
  • Table: Midas International Corporation - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Auto Mechanics in Texas Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Auto Mechanics in Texas Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Average age of vehicle fleet (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Do-It-For-Me
  • A category of customers who prefer to hire professionals to complete maintenance or repairs instead of doing these tasks themselves.
  • Do-It-Yourself (Diy)
  • A category of customers who complete tasks and projects on their own that would generally be outsourced to a business or service provider.
  • Powertrain
  • The main automobile components that generate power and deliver it to the road surface. Includes the engine, transmission, suspension, wheels and other parts.
  • Telematics
  • Vehicular telecommunications and information processing technology. Includes GPS navigation, hands-free cell phone technology, automatic driving assistance systems and other similar technologies.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Auto Mechanics in Texas provides up-to-date sales and market data, allowing you to identify the product and customer segments driving revenue growth. The report identifies the leading companies in the industry, and offers strategic analysis of the key factors influencing the market. Our data forecasts are accompanied by full analysis to illustrate how the market is responding to dominant and emerging trends.

    IBISWorld industry market research reports enable you to:
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    This report on Auto Mechanics in Texas:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Auto Mechanics in Texas market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Auto Mechanics in Texas, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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