Specialized Automotive Repair Industry Research Report
Industry Overview
This U.S. industry comprises establishments primarily engaged in providing specialized mechanical or electrical repair and maintenance services (except engine repair and replacement) for automotive vehicles, such as passenger cars, trucks, and vans, and all trailers. Illustrative Examples: Automotive brake repair shops Automotive suspension repair shops Automotive exhaust system replacement and repair shops Automotive electrical repair shops Automotive transmission repair shops Automotive tune-up shops Cross-References. Establishments primarily engaged in--
Source: U.S. Census BureauSpecialized Automotive Repair Market Size
This research report analyzes the market size and trends in the Specialized Automotive Repair industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
| 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 dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Specialized Automotive Repair companies in the United States.
Industry Revenue by State [Sample]
Distribution by Company Size
| Company Size | All Industries | Specialized Automotive Repair |
|---|
| 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" Specialized Automotive Repair 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
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 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 |
Salary information for employees working in the Specialized Automotive Repair industry.
| Title | Percent 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% |
Top Companies in Specialized Automotive Repair and Adjacent Industries
| Company | Address | Revenue
($ Millions) |
|---|
Included |
