Fixer upper: Industry demand will rise due to increasing disposable income levels
Auto Mechanics in Texas
The Auto Mechanics industry in Texas has exhibited solid growth over the past five years to 2017. Increasing per capita disposable income in Texas and overall corporate profit has encouraged consumers to invest in professional repair services, as opposed to do-it-yourself (DIY) repair, benefiting industry demand. Due to the prevalence of suburbs and highways in Texas, automobiles are a vital mode of transportation for many individuals and families. Moreover, vehicle registrations and vehicle miles in Texas have risen in recent years, which increases the pool of customers that require auto repairs and maintenance. The Auto Mechanics industry in Texas is expected to remain stable over the five years to 2022. Some consumers may be more inspired to spend more on maintenance and repair services, due to rising disposable income levels.
The Auto Mechanics industry provides mechanical and electrical repair and maintenance for cars, trucks, vans and trailers. Operators include self-employed mechanics, auto repair shops, garages and car care centers. This industry does not include car dealerships, auto parts retailers or gas stations that provide industry services. Industry services do not include auto bodywork, car washes, oil changes or air conditioning repairs (IBISWorld reports 81112, 81119a and 81119b, respectively).
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.
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Jiffy Lube International Inc.
- Midas International Corporation
- Meineke Car Care Centers LLC
- AAMCO Transmission and Total Car Care
Methodology
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