Standard Report | Premium Report | |
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Current State of the Industry | ||
Market Size (industry trends) | ||
Market Forecast (5-year projection) | ||
Products/Services Breakdown | ||
Revenue per State | ||
Financial Metrics | ||
Salary & Compensation Statistics | ||
Public Company Information | ||
Key Private Companies | ||
Government Vendors | ||
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2024 U.S. Industry Statistics & Market Forecast - Automobile Driving Schools
Market Size & Industry Statistics
The total U.S. industry market size for Automobile Driving Schools:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
Statistics | 2019 2020 2021 2022 2023 | |
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Market Size (Total Sales/Revenue) |
Order at top of page | |
Total Firms | ||
Total Employees | ||
Average Revenue Per Firm | ||
Average Employees Per Firm | ||
Average Revenue Per Employee |
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 | |
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Market Forecast ($ millions) | ||||||
Projected Industry Growth Rate (%) |
Industry Insights
The Automobile Driving Schools industry is constantly evolving and adapting to changing technology, regulations, and consumer demands. Here are some key trends affecting the industry:1. Online learning - With the rise of e-learning, many driving schools now offer online courses and tutorials to complement traditional in-car instruction. This allows students to learn at their own pace and from anywhere.
2. Autonomous vehicles - As self-driving cars become more common, driving schools will need to adapt their curriculum to teach skills that will be useful in operating these vehicles.
3. Electric and hybrid cars - With the increasing popularity of electric and hybrid vehicles, driving schools may need to invest in specialized training and equipment to teach students how to drive these cars.
4. Safety technology - Many new cars come equipped with advanced safety features such as collision warning systems and automatic emergency braking. Driving schools need to stay up-to-date on these technologies and teach students how to use them.
5. Changing regulations - Government regulations and requirements for driving schools can vary greatly by region. Staying informed about these changes is crucial for driving schools to maintain compliance and operate legally.
Overall, driving schools must stay current with industry trends and developments in order to provide the best education and training for their students.
Product & Services Breakdown
Research products and services in the Automobile Driving Schools industry generating sales. Note that products are broken into categories with different levels of classification.Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
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Industry Total |
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Occupational, Technical, And Trade; Professional Development; And Management Training Programs And Courses |
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Training Programs - Other Occupational, Technical And Trade; Professional Development; And Management Training Programs And Cour |
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Leisure And Recreation Activities Instruction And Training |
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Driver Education Training |
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.Industry Average | Percent of Sales (Industry Benchmark) | |
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Total Revenue | Order at top of page |
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Operating Revenue | ||
Cost of Goods Sold | ||
Gross Profit | ||
Operating Expenses | ||
Pension, profit sharing plans, stock, annuity | ||
Repairs | ||
Rent paid on business property | ||
Charitable Contributions | ||
Depletion | ||
Domestic production activities deduction | ||
Advertising | ||
Compensation of officers | ||
Salaries and wages | ||
Employee benefit programs | ||
Taxes and Licenses | ||
Bad Debts | ||
Depreciation | ||
Amortization | ||
Other Operating Expenses | ||
Total Operating Expenses | ||
Operating Income | ||
Non-Operating Income | ||
EBIT (Earnings Before Interest and Taxes) | ||
Interest Expense | ||
Earnings Before Taxes | ||
Income Tax | ||
Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Automobile Driving Schools company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.Profitability & Valuation Ratios | Industry Average |
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Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Automobile Driving Schools industry is performing. | |
Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Automobile Driving Schools measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
Liquidity Ratios | Industry Average |
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Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
Efficiency Ratios - Key Performance Indicators | Industry Average |
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Measure how quickly products and services sell, and effectively collections policies are implemented. | |
Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
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Management Occupations | 7% | Order at top of page |
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Chief Executives | 0% | |||
General and Operations Managers | 4% | |||
Educational Instruction and Library Occupations | 53% | |||
Other Teachers and Instructors | 46% | |||
Self-Enrichment Teachers | 29% | |||
Self-Enrichment Teachers | 29% | |||
Tutors | 14% | |||
Tutors | 14% | |||
Arts, Design, Entertainment, Sports, and Media Occupations | 13% | |||
Entertainers and Performers, Sports and Related Workers | 12% | |||
Athletes, Coaches, Umpires, and Related Workers | 11% | |||
Coaches and Scouts | 11% | |||
Personal Care and Service Occupations | 8% | |||
Other Personal Care and Service Workers | 7% | |||
Recreation and Fitness Workers | 6% | |||
Office and Administrative Support Occupations | 10% |
Automobile Driving Schools Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Automobile Driving Schools industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Automobile Driving Schools industry and adjacent sectors:Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Automobile Driving Schools industry. |
Innovation News
- Dec 04, 2023: Stig Investments trademarks "FIREBIRD" - Entertainment in the nature of providing closed-course driving experiences featuring cars and go-karts; Entertainment services in the nature of automobile racing and exhibitions; Providing a web site featuring on-line courses of instruction in driving high performance automobiles; Vehicle driving instruction
- Aug 08, 2023: Total Control Training trademarks "A3 STRATEGY AWARENESS ASSESSMENT ACTION" - Educational services
- Jun 20, 2023: Total Control Training trademarks "A3 STRATEGY" - Educational services
Recent Federal Contracts for Automobile Driving Schools- Feb 21, 2024: COASTAL COLLEGE, INC. (New Orleans, LA) awarded $5,700
- Feb 09, 2024: O'GARA TRAINING AND SERVICES, LLC. (Montross, VA) awarded $55,958
- Jan 24, 2024: BRANT'S DRIVING SCHOOL (Johnstown, PA) awarded $58,254
- Jan 23, 2024: LYTX, INC. (San Diego, CA) awarded $3,853,052
- Jan 10, 2024: DRIVING TO INDEPENDENCE, LLC. (Tempe, AZ) awarded $60,474
- Jan 09, 2024: DRIVABLE SOLUTIONS, INC. (Phoenix, AZ) awarded $1,994,305
- Feb 21, 2024: COASTAL COLLEGE, INC. (New Orleans, LA) awarded $5,700
- Feb 09, 2024: O'GARA TRAINING AND SERVICES, LLC. (Montross, VA) awarded $55,958
- Jan 24, 2024: BRANT'S DRIVING SCHOOL (Johnstown, PA) awarded $58,254
- Jan 23, 2024: LYTX, INC. (San Diego, CA) awarded $3,853,052
- Jan 10, 2024: DRIVING TO INDEPENDENCE, LLC. (Tempe, AZ) awarded $60,474
- Jan 09, 2024: DRIVABLE SOLUTIONS, INC. (Phoenix, AZ) awarded $1,994,305