Overview

Wheels in motion: Revenue continues to grow as the number of motor vehicles increases

IBISWorld’s Motor Vehicle Engine and Parts Repair and Maintenance market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

REPORT SNAPSHOT

Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Revenue
$16bn
Annual Growth
2012 - 2017
2.8%
Annual Growth
2017 - 2022
Profit
Employment
68,596
Business
22,589

Industry Analysis & Industry Trends

The Motor Vehicle Engine and Parts Repair and Maintenance industry has grown steadily over the past five years. This performance is largely due to consistent growth in the number of motor vehicles, coupled with strong increases in real household disposable income. The continual reduction in the cash rate has encouraged new car purchases, widening the industry's client base. However, new vehicles are often purchased with accompanying capped-price servicing, which has slightly constrained industry revenue growth over the period. The average age of the vehicle fleet has remained largely stable over the past five years, reducing potential fluctuations in revenue. Industry revenue is expected to grow at an annualised 2.8% over the five years through 2016-17, to an estimated $16.1 billion...

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Industry Report - Industry Analysis Chapter

The Motor Vehicle Engine and Parts Repair and Maintenance industry has displayed steady growth over the past five years. Industry operators repair, service, recondition and maintain motor vehicle parts including engines, clutches, brakes, radiators, mufflers and transmissions. Demand from households and businesses for industry services has increased as the number of vehicles on the road has grown strongly, expanding the industry's customer base. Newer cars typically require basic servicing, while older cars generally require more specialised repair and maintenance work. Strong growth in household disposable income due to historically low interest rates has led many consumers to purchase professional repair services rather than opt for DIY repairs. Ind..

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Industry Products

What is the Motor Vehicle Engine and Parts Repair and Maintenance Industry?

Industry operators primarily repair motor vehicle engines and parts, and perform the regular maintenance and servicing of vehicles. Smash repairs and electrical repairs are not included in the industry.

Industry Products
Motor vehicle servicing
Engine repairs
Transmission repairs
Muffler, brake and exhaust repairs
Other repairs
Industry Activities
Engine repair or reconditioning
Clutch or brake repair
Radiator repair
Muffler repair
Gearbox repair
General automotive repair
Transmission repair
Trailer repair (boat or box)

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

Competitive Landscape

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
industry Globalisation

Major Companies

Operating Conditions

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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