Oil Change Services in the US - Industry Market Research Report

Oil Change Services in the US - Industry Market Research Report

  • July 2020 •
  • 46 pages •
  • Report ID: 209227 •
  • Format: PDF
Shift gears: External competition and an economic downturn have forced operators to get creative

Abstract

Oil Change Services in the US
Operators in the Oil Change Services industry provide oil changes and other automotive maintenance, including tire rotations, air filter changes and transmission flushes. Industry demand is highly dependent on the number of vehicles and total mileage as oil change and maintenance service is carried out on a periodic basis after vehicles reach a certain mile threshold. Industry revenue has prospered over the five years to 2019 due to the decline of crude oil prices, which encourages more people to use their own vehicles rather than using ridesharing platforms or public transportation. Industry revenue is projected to continue rising, albeit at a slower rate, over the five years to 2024.

Industry operators change motor oil, lubricate the chassis of automotive vehicles and provide other automotive repair and maintenance services, such as tire rotations and liquid flushes. Unlike auto mechanics, companies in this industry do not provide mechanical and electrical repair and maintenance. Industry operators are also not involved in body, paint, interior or glass repair. Companies that provide car wash services are also not included.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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