Automotive Repair industry Statistics

Car Fix Business Statistics and Trends

The car restoration business makes up maintenance fixes for traveler cars and light vehicles. Including around 16, 000 organizations over the United States, this industry is estimated to be appreciated at $880 billion annually. A normally expected to see small development in the following several years. The car restoration industry is considered fragment with over 50 associated with largest companies only accounting for 10percent of business. The following statistics supply a market perspective for automobile repair solutions and upkeep.

Industry Segments

1. Basic automotive fix – 85.60%
2. Automotive transmission and restoration – 6.70percent
3. All The Other fixes – 5.70percent
4. Automotive exhaust restoration – 2%

Business Typical Annual Gross

According to restoration shops reported income, the following business normal annual gross is gotten through the industry.

$1 million or higher – 26%
$750K – $1 million – 10per cent
$350, 000 – $749, 999 – 20percent
$250, 000 – $349, 999 – 10%
Under $249, 999 – 34percent

Break down of Services Performed

The most effective solutions carried out predicated on complete buying dollars are given just below.

1. Crash Components – 31per cent
2. Paint – 21%
3. Refinishing Products – 15per cent
4. Fix Products – 8percent
5. Mechanical Components – 8percent
6. Tools – 7%
7. Capital Equipment – 6%
8. Various Other – 4per cent

Automobile Repair Technical Industry

The video clip below takes a glance at the changing technologies within the auto repair business and how it's influencing trends and business procedures.

Customer Segements and Demographics

1. Domestic consumers make-up the largest share associated with the industry at 75percent.
2. Customers 45 years and old account fully for 35percent of industry revenue.
3. Consumers age 35-44 account fully for 14% of the industry.
4. Busines customers contribute 22percent to business income.
5. Government customers take into account 3per cent associated with the overall business.

Average Yearly Salary for Staff Members

Metal Technicians – $48, 973
Painters – $51, 720
Mechanics – $44, 478
Basic Level Workers – $28, 342
Office Managers – $38, 132
Senior Estimators – $56, 365

Top 5 Areas of Finest Work

1. Automotive fix and repair – 224, 150 employees
2. Automobile Dealers – 201, 910 workers
3. Automotive Parts, Accessories, and Tire Stores – 59, 670 employees
4. Municipality – 18, 780 employees
5. Gasoline Stations – $18, 720 staff members

Top 5 States with Highest Job Amount

1. Ca – 54, 700 jobs
2. Texas – 45, 470 jobs
3. Florida – 37, 000 tasks
4. New York – 35, 090 jobs
5. Pennsylvania – 32, 820 tasks

Automobile Fix Statistics

The below infographic takes a look at the normal fixes and data of charges for vehicle fixes through the entire usa. 4 regarding 5 fixes done on cars are associated with the durability regarding the car. The typical nationwide fix costs for vehicle is $356.04.