Automotive Repair & Maintenance Services

US Industry Study with Forecasts to 2010 & 2015

Publication Date	January 2007
Publisher	Freedonia Group
Product Type	Report
Pages	192
ISBN Number	not applicable
Product Code	FED00204

Buy this product or for assistance call +44 20 7060 7474

PDF £2,645.00$4400 | €2960

FAX Order above formats by FAX

Summary

US demand to grow 4% annually through 2010

Repair and maintenance service revenue for light vehicles in the US is projected to increase at an annual rate of 4.0 percent, reaching $105 billion by 2010. The industry's current moderate revenue growth results from improvements in new vehicle quality, reliability and durability. However, opportunities to provide service are expected to arise as more vehicles reach prime aftermarket service age.

New vehicle dealers to increase market share

New light vehicle dealers held the largest share of the automotive service market in 2005, due to their typically large size and industry-high labor rates. Dealers offer a unique combination of special tools, training and equipment needed to perform many key service operations, and benefit from direct access to the diagnostic data used to troubleshoot vehicle systems. Dealers consider parts and service work highly valuable due to its outsized impact on their bottom line results. Additional reasons for the expected growth of the new light vehicle dealer's share of the service market include the extended vehicle and powertrain warranties offered on many newer vehicles. Since warranty work, which is paid for by the OEM, is typically performed at a fraction of the rate dealers charge retail customers, the impact will be moderated yet remain substantial.

Quick lubes, tire stores, repair chains to lead gains

General repair garages and service stations are expected to experience below average growth as an increasing number of these providers install convenience stores in the place of service bays. Independent garages are also hampered by the inability to access OEM diagnostic and service data at cost-effective rates, and often have difficulty attracting and retaining skilled technicians.

Quick lubes will continue to experience strong growth as they expand beyond oil changes and increasingly offer services that are possible while the vehicle is in position for an oil change. These can include radiator flush and refill, transmission oil and filter change, diagnostic system scans, cabin air filter changes, tire rotation and vehicle inspections.

Body shops will continue to perform the majority of vehicle body repair work, although dealers are attempting to capture more of this business. Specialists will experience moderate growth as a group, caused by the improved quality of stainless steel exhaust systems and extended OEM powertrain warranties. Tire stores and repair chains will experience strong growth as they expand into more service categories, and to an extent replace general repair garages as local service providers.

Content

SECTION
- INTRODUCTION
I. EXECUTIVE SUMMARY
II. MARKET ENVIRONMENT
- General
- Macroeconomic Environment
- Population
- Personal Consumption Expenditures
- Light Vehicle Overview
III. REPAIR & MAINTENANCE SERVICE TRENDS
- General
- Vehicle Quality Improvement
- Labor Pricing Trends
- Technician Capabilities
- Technology & Materials Trends
- Global Supply & Demand Trends
IV. REPAIR & MAINTENANCE SERVICES
- General
- Mechanical
- Filters
- Engine
- Drivetrain
- Steering & Suspension
- Cooling System
- Brakes
- Exhaust/Emission System
- Air Conditioning System
- Fuel System
- Exterior & Structural
- Body Repair
- Windows & Glass
- Tires & Wheels
- Electrical
- Ignition Systems
- Batteries
- Lighting Equipment
- Charging Equipment
- Other Electrical
- Electronics
- Diagnostics
- Entertainment Systems
- Controls, Modules & Sensors
V. REPAIR & MAINTENANCE SERVICE PROVIDERS
- General
- New Light Vehicle Dealerships
- General Repair & Service Stations
- Body Shops
- Specialists
- Tire Stores & Repair Chains
- Quick Lubes
- Other
VI. SERVICES BY PROVIDER
- General
- Revenues by Service Provider
- Collision Repair Service
- Ignition & Engine System Service
- Routine Maintenance Service
- Drivetrain System Service
- Temperature Control Service
- Brake System Service
- Glass, Mirror & Lamp Service
- Steering & Suspension Service
- Exhaust System Service
- Electrical System Service
- Computer & Emissions System Service
- Other Service
VII. INDUSTRY STRUCTURE
- General
- Industry Composition
- Market Share
- Mergers, Acquisitions & Industry Restructuring
- Product Development & Manufacturing
- Marketing
- Distribution
- Company Profiles
- AAMCO Transmissions Incorporated
- Asbury Automotive Group Incorporated
- Ashland Incorporated
- AutoNation Incorporated
- BFS Retail & Commercial Operations LLC, see
- Bridgestone Corporation
- Big O Tires Incorporated, see Sumitomo Corporation
- Bridgestone Corporation
- Car-X Associates Corporation, see Tuffy Associates
- Corporation
- CarMax Incorporated
- CARSTAR Incorporated
- Diamond Glass Companies
- Discount Tire Company Incorporated
- Driven Brands Incorporated
- Econo Lube N'Tune Incorporated, see Driven Brands
- Incorporated
- Exxon Mobil Corporation
- Goodyear Tire & Rubber Company
- Group 1 Automotive Group Incorporated
- Hendrick Automotive Group Company
- Jiffy Lube International Incorporated, see
- Royal Dutch Shell plc
- Lithia Motors Incorporated
- MAACO Enterprises Incorporated
- Marathon Oil Corporation
- Meineke Car Care Centers Incorporated, see
- Driven Brands Incorporated
- Midas Incorporated
- Monro Muffler Brake Incorporated
- Penske Corporation
- Pep Boys - Manny, Moe & Jack
- Prestige Auto Glass Incorporated, see Diamond Glass
- Companies
- ProCare Automotive Service Solutions LLC, see
- Monro Muffler Brake Incorporated
- R&S Parts and Service Incorporated, see Monro
- Muffler Brake Incorporated
- Royal Dutch Shell plc
- Safelite Group Incorporated
- Scheib (Earl) Incorporated
- Schwab (Les) Tire Centers
- Sears Holdings Corporation
- Settles Glass, see Diamond Glass Companies
- Somerset Tire Service Incorporated
- Sonic Automotive Incorporated
- Sumitomo Corporation
- TBC Corporation, see Sumitomo Corporation
- TCG International Incorporated
- Tuffy Associates Corporation
- United Auto Group Incorporated
- Valvoline Company, see Ashland Incorporated
- Wal-Mart Stores Incorporated
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
- Summary Table
SECTION II -- MARKET ENVIRONMENT
- 1 Macroeconomic Environment
- 2 Population
- 3 Personal Consumption Expenditures
- 4 Light Vehicle Overview
SECTION III -- REPAIR & MAINTENANCE SERVICE TRENDS
- 1 World Light Vehicle Service by Region
SECTION IV -- REPAIR & MAINTENANCE SERVICES
- 1 Automotive Service Revenues by System
- 2 Mechanical Service Revenues
- 3 Filter Service Revenues
- 4 Engine Service Revenues
- 5 Drivetrain Service Revenues
- 6 Steering & Suspension Service Revenues
- 7 Cooling System Service Revenues
- 8 Brake Service Revenues
- 9 Exhaust/Emission System Service Revenues
- 10 Air Conditioning System Service Revenues
- 11 Fuel System Service Revenues
- 12 Exterior & Structural Service Revenues
- 13 Body Repair Service Revenues
- 14 Automotive Windows & Glass Service Revenues
- 15 Tire & Wheel Service Revenues
- 16 Electrical System Service Revenues
- 17 Ignition System Service Revenues
- 18 Battery Service Revenues
- 19 Automotive Lighting Equipment Service Revenues
- 20 Charging Equipment Service Revenues
- 21 Other Automotive Electrical System Service Revenues
- 22 Electronics Service Revenues
- 23 Electronic Diagnostic Service Revenues
- 24 Entertainment System Service Revenues
- 25 Electronic Controls, Modules & Sensors Service Revenues
SECTION V -- REPAIR & MAINTENANCE SERVICE PROVIDERS
- 1 Automotive Service Revenues by Provider
- 2 New Light Vehicle Dealer Service Revenues
- 3 General Repair & Service Station Service Revenues
- 4 Body Shop Service Revenues
- 5 Specialist Service Revenues
- 6 Tire Store & Repair Chain Service Revenues
- 7 Quick Lube Service Revenues
- 8 Other Service Provider Revenues
SECTION VI -- SERVICES BY PROVIDER
- 1 Automotive Service Revenues by Job Type
- 2 Collision Repair Service Revenues by Provider
- 3 Ignition & Engine System Service Revenues by Provider
- 4 Routine Maintenance Service Revenues by Provider
- 5 Drivetrain System Service Revenues by Provider
- 6 Temperature Control Service Revenues by Provider
- 7 Brake System Service Revenues by Provider
- 8 Glass, Mirror & Lamp Service Revenues by Provider
- 9 Steering & Suspension Service Revenues by Provider
- 10 Exhaust System Service Revenues by Provider
- 11 Electrical System Service Revenues by Provider
- 12 Computer & Emission System Service Revenues by Provider
- 13 Other Automotive Service Revenues by Provider
SECTION VII -- INDUSTRY STRUCTURE
- 1 Revenues for Selected Automotive Service Providers, 2005
- 2 Selected Acquisitions & Divestitures
LIST OF CHARTS
SECTION III -- REPAIR & MAINTENANCE SERVICE TRENDS
- 1 US Light Vehicle Production by Company, 2005
- 2 Quality Impact on Major Aftermarket Parts & Components
- Segments
- 3 Vehicle Durability Comparison
- 4 Aftermarket Value of Increased Durability
SECTION VII -- INDUSTRY STRUCTURE
- 1 Automotive Service Market Share by Company, 2005