Key Takeaways
- In 2023, the U.S. auto repair industry generated $77.5 billion in revenue, up 5.1% from the previous year, driven by aging vehicle fleets and rising repair costs.
- Global automotive aftermarket size reached $438.5 billion in 2022, projected to grow at a CAGR of 3.8% to $585.2 billion by 2030.
- U.S. automotive service market revenue hit $62.3 billion in 2023, with independent shops capturing 68% market share over dealerships.
- The U.S. auto service industry employed 1.05 million workers in 2023, up 2.3% from 2022 amid labor demand.
- Automotive technicians numbered 785,000 in the U.S. in 2023, with 45,000 new hires annually.
- 62% of U.S. auto repair shops reported staffing shortages in 2023, averaging 3.2 unfilled positions per shop.
- 52 million U.S. drivers delayed repairs in 2023 due to cost, per survey.
- 68% of U.S. vehicle owners prefer independent shops over dealerships in 2023.
- Average annual repair spend per U.S. driver was $1,287 in 2023, up 12%.
- 49% of U.S. shops adopted TPMS tools by 2023, improving diag speed 30%.
- AI diagnostic software used in 27% of U.S. shops 2023, cutting time 25%.
- EV battery diagnostic tools installed in 18% shops 2023, up 150%.
- 71% of U.S. auto shops faced parts shortages in 2023, delaying jobs 2.5 days avg.
- Labor costs rose 9.2% industry-wide in U.S. 2023, squeezing 42% margins.
- Cyberattacks hit 12% of repair shops in 2023, avg cost $28,000.
The global auto service industry is thriving with strong revenue growth driven by aging vehicles and rising repair costs.
Challenges and Outlook
Challenges and Outlook Interpretation
Consumer Trends
Consumer Trends Interpretation
Employment and Labor
Employment and Labor Interpretation
Market Size and Revenue
Market Size and Revenue Interpretation
Technology and Innovation
Technology and Innovation Interpretation
Sources & References
- Reference 1IBISWORLDibisworld.comVisit source
- Reference 2GRANDVIEWRESEARCHgrandviewresearch.comVisit source
- Reference 3STATISTAstatista.comVisit source
- Reference 4MORDORINTELLIGENCEmordorintelligence.comVisit source
- Reference 5AFTERMARKETMATTERSaftermarketmatters.comVisit source
- Reference 6MARKETRESEARCHFUTUREmarketresearchfuture.comVisit source
- Reference 7FORTUNEBUSINESSINSIGHTSfortunebusinessinsights.comVisit source
- Reference 8MODERNTIREDEALERmoderntiredealer.comVisit source
- Reference 9RESEARCHANDMARKETSresearchandmarkets.comVisit source
- Reference 10NADAnada.orgVisit source
- Reference 11CCIAccia.comVisit source
- Reference 12ALLIEDMARKETRESEARCHalliedmarketresearch.comVisit source
- Reference 13AUTOCAREautocare.orgVisit source
- Reference 14MARKETSANDMARKETSmarketsandmarkets.comVisit source
- Reference 15BTSbts.govVisit source
- Reference 16BUSINESSWIREbusinesswire.comVisit source
- Reference 17EPAepa.govVisit source
- Reference 18IBISWORLDibisworld.com.auVisit source
- Reference 19SEMAsema.orgVisit source
- Reference 20TRANSPARENCYMARKETRESEARCHtransparencymarketresearch.comVisit source
- Reference 21AAAaaa.comVisit source
- Reference 22CATMAGcatmag.co.ukVisit source
- Reference 23MOTORmotor.comVisit source
- Reference 24AUTOCARPROautocarpro.inVisit source
- Reference 25FLEETOWNERfleetowner.comVisit source
- Reference 26VDAvda.deVisit source
- Reference 27ENERGYenergy.govVisit source
- Reference 28GLASSBYTESglassbytes.comVisit source
- Reference 29BLSbls.govVisit source
- Reference 30RATCHETANDWRENCHratchetandwrench.comVisit source
- Reference 31WOMENINAUTOwomeninauto.comVisit source
- Reference 32AUTONEWSautonews.comVisit source
- Reference 33AAIAaaia.orgVisit source
- Reference 34NAPAAUTOPROnapaautopro.comVisit source
- Reference 35FENDERBENDERfenderbender.comVisit source
- Reference 36ASEase.comVisit source
- Reference 37I-CARi-car.comVisit source
- Reference 38AUTOMOTIVEDIVEautomotivedive.comVisit source
- Reference 39BODYSHOPBUSINESSbodyshopbusiness.comVisit source
- Reference 40NASTFnastf.orgVisit source
- Reference 41RATCHETWRENCHratchetwrench.comVisit source
- Reference 42SAEsae.orgVisit source
- Reference 43TTNEWSttnews.comVisit source
- Reference 44MOTORAGEmotorage.comVisit source
- Reference 45COUNTERMANcounterman.comVisit source
- Reference 46DOLdol.govVisit source
- Reference 47CONSUMERREPORTSconsumerreports.orgVisit source
- Reference 48CARFAXcarfax.comVisit source
- Reference 49AUTOZONE-DIY-SURVEY-2023autozone-diy-survey-2023Visit source
- Reference 50RECALKCrecalkc.comVisit source
- Reference 51GOOGLEgoogle.comVisit source
- Reference 52WWW POLKwww Polk.comVisit source
- Reference 53NAPAnapa.comVisit source
- Reference 54YELP-AUTO-REVIEW-2023yelp-auto-review-2023Visit source
- Reference 55YOURMECHANICyourmechanic.comVisit source
- Reference 56KBBkbb.comVisit source
- Reference 57TIREBUSINESStirebusiness.comVisit source
- Reference 58JDPOWERjdpower.comVisit source
- Reference 59FLEETMAINTENANCEfleetmaintenance.comVisit source
- Reference 60BRIGHTLOCALbrightlocal.comVisit source
- Reference 61IIIiii.orgVisit source
- Reference 62REPAIRPALrepairpal.comVisit source
- Reference 63APIapi.orgVisit source
- Reference 64CARGURUScargurus.comVisit source
- Reference 65WOMENMOTORSwomenmotors.comVisit source
- Reference 66VALVOLINE-INSTANT-SURVEY-2023valvoline-instant-survey-2023Visit source
- Reference 67RURAL-AUTO-STUDY-2023rural-auto-study-2023Visit source
- Reference 68AUTELautel.comVisit source
- Reference 69LAUNCHTECHUSAlaunchtechusa.comVisit source
- Reference 70SHOPMONKEYshopmonkey.comVisit source
- Reference 71GEOTABgeotab.comVisit source
- Reference 72CHIEFAUTOMOTIVEchiefautomotive.comVisit source
- Reference 73SOLUSEDGEsolusedge.comVisit source
- Reference 74VRAUTOACADEMYvrautoacademy.comVisit source
- Reference 75HUNTERhunter.comVisit source
- Reference 76IBMibm.comVisit source
- Reference 77AUTODATA-GROUPautodata-group.comVisit source
- Reference 78CVISYSTEMcvisystem.comVisit source
- Reference 79IMSTOOLSimstools.comVisit source
- Reference 80ALLIEDDATAallieddata.comVisit source
- Reference 81CAR-O-LINERcar-o-liner.comVisit source
- Reference 82MIDASmidas.comVisit source
- Reference 83FAROfaro.comVisit source
- Reference 84BOSCHDIAGNOSTICSboschdiagnostics.comVisit source
- Reference 85DJIdji.comVisit source
- Reference 86UPTIMEFLEETuptimefleet.comVisit source
- Reference 87VAUTOvauto.comVisit source
- Reference 88ANSYSansys.comVisit source
- Reference 89NXPnxp.comVisit source
- Reference 90BENDPAKbendpak.comVisit source
- Reference 91COHERENTScoherents.comVisit source
- Reference 92KASPERSKYkaspersky.comVisit source
- Reference 93NFPAnfpa.orgVisit source
- Reference 94MCKINSEYmckinsey.comVisit source
- Reference 95AFTERMARKETaftermarket.orgVisit source
- Reference 96NOAAnoaa.govVisit source
- Reference 97VXRvxr.comVisit source
- Reference 98CREXIcrexi.comVisit source
- Reference 99FTCftc.govVisit source
- Reference 100SBAsba.govVisit source






