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4 Interesting Statistics About the Auto Repair Industry

Feb 28, 2024

Are you interested in learning more about the auto repair industry? If so, you've come to the right place! We're going to cover some of the key stats regarding this industry. Of course, we can't cover everything in one article, but we can help you get started.


1. The Auto Repair Industry Is Worth Billions

According to Allied Market Research, the global automotive repair service industry is worth a whopping $790 billion. To put this into perspective, that's more than the total GDP of Sweden! The United States market alone is worth $79 billion.


2. There Are Tons of Mechanic Shops

You may have noticed a lot of mechanic shops in your area. This is no surprise because IBISWorld has found that there are over 280,000 mechanic shops in the United States. California, Texas, and Florida are home to the most shops, which should come as no surprise because these states have large populations. It won't be tough to find the right fit among all these auto repair shops! We may be just the shop you're looking for. We've been in business for more than 50 years and provide 24/7 emergency towing when you need us most.


3. The Auto Industry Employs Hundreds of Thousands

The U.S. Bureau of Labor Statistics (BLS) reports that just over 780,000 people are employed as automotive service technicians and mechanics. The number of people employed is projected to rise by about 12,000 every year. Although we employ just a small fraction of these experts, you can rest assured that they can address any of your problems with a high degree of skill that you can depend on.


4. Households are the Biggest Spenders

According to Market Share, household customers, rather than commercial customers, make up the biggest share of the auto repair industry at 75%. If you're like many others, you probably use your car daily to get to and from work. This regular use has made auto repair necessary in households across the country.


As you can see, the auto repair business is a massive industry. However, there's no reason to feel intimidated, as we're here to help. Call Bussard's Auto Repair & Towing today to get started with a free estimate! Ask about our service special and save 10% on service or repair of $500 or more.

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