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

Industry Overview

This industry group comprises establishments involved in providing repair and maintenance services for automotive vehicles, such as passenger cars, trucks, and vans, and all trailers. Establishments in this industry group employ mechanics with specialized technical skills to diagnose and repair the mechanical and electrical systems for automotive vehicles, repair automotive interiors, and paint or repair automotive exteriors.
Source: U.S. Census Bureau

Automotive Repair and Maintenance Market Size

This report includes historical and forecasted market sizes and industry trends for Automotive 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 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



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 Repair and Maintenance industry.

Geographic Breakdown by U.S. State

Automotive 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 Repair and Maintenance companies in the United States.

Distribution by Company Size

Company Size	All Industries	Automotive 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:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" Automotive 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

Financial Ratio Analysis

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

Financial Ratio	Industry 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 Repair and Maintenance industry accounting for the largest revenue sources.

Product Description	Description	Revenue ($ Millions)
Industry total	Included
Body repair services for cars & light trucks
Body repair services for cars & light trucks - major body repair
Scheduled & preventative maintenance for cars & light trucks
Other repair services for cars & light trucks
Scheduled & preventative maintenance for cars/light trucks - oil change
Power train repair services for cars & light trucks
Body repair services for cars & light trucks - painting services
Brake repair services for cars & light trucks
Washing & cleaning services for cars & light trucks

Compensation and Salary Surveys

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

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	3%	Included
Chief Executives	0%
General and Operations Managers	3%
Business and Financial Operations Occupations	5%
Business Operations Specialists	5%
Sales and Related Occupations	5%
Retail Sales Workers	5%
Office and Administrative Support Occupations	11%
Installation, Maintenance, and Repair Occupations	48%
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	42%
Automotive Technicians and Repairers	38%
Automotive Body and Related Repairers	11%
Automotive Glass Installers and Repairers	7%
Automotive Service Technicians and Mechanics	25%
Bus and Truck Mechanics and Diesel Engine Specialists	6%
Bus and Truck Mechanics and Diesel Engine Specialists	6%
Production Occupations	13%
Other Production Occupations	11%
Painting Workers	9%
Painters, Transportation Equipment	9%
Transportation and Material Moving Occupations	25%
Supervisors of Transportation and Material Moving Workers	6%
First-Line Supervisors of Transportation and Material Moving Workers, Except Aircraft Cargo Handling Supervisors	6%
First-Line Supervisors of Transportation and Material Moving Workers, Except Aircraft Cargo Handling Supervisors	6%
Other Transportation Workers	5%
Automotive and Watercraft Service Attendants	15%
Automotive and Watercraft Service Attendants	15%
Material Moving Workers	17%
Laborers and Material Movers, Hand	17%
Cleaners of Vehicles and Equipment	16%

Government Contracts

The federal government spent an annual total of $595,631,230 on the Automotive Repair and Maintenance industry. It has awarded 3,344 contracts to 1,273 companies, with an average value of $467,896 per company.

Top Companies in Automotive Repair and Maintenance and Adjacent Industries

Company	Address	Revenue ($ Millions)
Included