Automotive Mechanical and Electrical Repair and Maintenance - Market Size, Financial Statistics, Industry Trends

Industry Overview

This industry comprises establishments primarily engaged in providing mechanical or electrical repair and maintenance services for automotive vehicles, such as passenger cars, trucks, and vans, and all trailers. These establishments may specialize in a single service or may provide a wide range of these services. Cross-References. Establishments primarily engaged in--
Source: U.S. Census Bureau

Automotive Mechanical and Electrical Repair and Maintenance Market Size

This report includes historical and forecasted market sizes and industry trends for Automotive Mechanical and Electrical Repair and Maintenance. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Automotive Mechanical and Electrical Repair and Maintenance industry.

Historical Forecasted
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Market Size (Total Revenue)

Included in Report

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data

Industry Revenue ($ Billions)

Automotive Mechanical and Electrical Repair and Maintenance Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024

Industry Forecast ($ Billions)

Automotive Mechanical and Electrical Repair and Maintenance Industry Forecast
  • 2024
  • 2025
  • 2026
  • 2027
  • 2028
  • 2029
  • 2030


Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Automotive Mechanical and Electrical Repair and Maintenance industry.

Geographic Breakdown by U.S. State

Automotive Mechanical and Electrical Repair and Maintenance market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Automotive Mechanical and Electrical Repair and Maintenance companies in the United States.

Industry Revenue by State [Sample]

Market Size by State

Distribution by Company Size

Company Size All Industries Automotive Mechanical and Electrical Repair and Maintenance
Small Business (< 5 Employees)

Included

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" Automotive Mechanical and Electrical Repair and Maintenance company (both public and private companies are included).

Industry Average Percent of Sales
Total Revenue

Included

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Included

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Products and Services Mix

Product lines and services in the Automotive Mechanical and Electrical Repair and Maintenance industry accounting for the largest revenue sources.

Product Description Description Revenue
($ Millions)
Industry total

Included

Other repair services for cars & light trucks
Scheduled & preventative maintenance for cars & light trucks
Power train repair services for cars & light trucks
Brake repair services for cars & light trucks
Other scheduled & preventative maintenance services
Other repair services for cars & light trucks - other
Scheduled & preventative maintenance for cars/light trucks - oil change
Electrical system repair services for cars & light trucks
Other repair for cars & light trucks - muffler/exhaust repair

Compensation and Salary Surveys

Salary information for employees working in the Automotive Mechanical and Electrical Repair and Maintenance industry.

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 3%

Included

General and Operations Managers 3%
Sales and Related Occupations 6%
Retail Sales Workers 5%
Office and Administrative Support Occupations 13%
Installation, Maintenance, and Repair Occupations 69%
Supervisors of Installation, Maintenance, and Repair Workers 6%
First-Line Supervisors of Mechanics, Installers, and Repairers 6%
First-Line Supervisors of Mechanics, Installers, and Repairers 6%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers 60%
Automotive Technicians and Repairers 53%
Automotive Service Technicians and Mechanics 50%
Bus and Truck Mechanics and Diesel Engine Specialists 6%
Bus and Truck Mechanics and Diesel Engine Specialists 6%
Transportation and Material Moving Occupations 5%

Government Contracts

The federal government spent an annual total of $571,029,250 on the Automotive Mechanical and Electrical Repair and Maintenance industry. It has awarded 1,743 contracts to 706 companies, with an average value of $808,823 per company.

Top Companies in Automotive Mechanical and Electrical Repair and Maintenance and Adjacent Industries

Company Address Revenue
($ Millions)

Included