research
AnythingResearch - Industry Analysis and Market Research Reports
Better Data, Better Decisions
AnythingResearch

2018 Market Analysis & Industry Outlook: Automotive Parts & Accessories Stores


Overview: the U.S. Automotive Parts & Accessories Stores Industry

This section provides answers to key questions about the industry:

  1. What is the total market size (industry revenue)?
  2. What is the industry outlook?
  3. Market Analysis: Is the market growing or declining, and how quickly?
  4. Are long-term forecasts positive or negative?
  5. What is the average company size in the industry?
  6. How many companies are in the industry?


Market Size & Industry Statistics

The total U.S. industry market size for Automotive Parts & Accessories Stores: 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.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)


Order at top of page
Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.



market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Automotive Parts & Accessories Stores industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Hardware, Tools, & Plumbing & Electrical Supplies

Cars, Trucks, Motorcycles, & Other Powered Transportation Vehicles

Automotive Lubricants, Including Oil, Greases.

Automotive Tires, Tubes, Batteries, Audio Equipment, Parts, Access

New Automobile & Light Passenger Truck Tires & Tubes

New Medium- & Heavy-Duty Truck & Bus Tires

Automotive Batteries

Automotive Parts, Used, Including Wheels

Automotive Audio Equipment, Components, Parts & Access

Automotive Parts, New & Rebuilt, Including Wheels

Automotive Accessories, Including Safety & Comfort Related Items

Automotive Supplies

All Nonmerchandise Receipts

Labor Charges For Work Performed By This Establishment

Parts, Paint & Materials Installed In Repair



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.

U.S. map by state

Automotive Parts & Accessories Stores Industry Price Trends

Rise and fall in market prices are affectedd by supply, demand, and the cost of goods/services sold. Higher demand or COGS will put upward price pressure on prices. Higher competition among Automotive Parts & Accessories Stores companies will put a downward pressure on prices. The chart shows how prices are changing within the industry, month-to-month over the last three years.

example price index trendline

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 AveragePercent of Sales
(Industry Benchmark)
Total Revenue

Order at top of page
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
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Automotive Parts & Accessories Stores company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
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 Automotive Parts & Accessories Stores industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
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).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Automotive Parts & Accessories Stores measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
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.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
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.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
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.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 3%

Order at top of page
Chief Executives0%
General and Operations Managers2%
Sales and Related Occupations 43%
Supervisors of Sales Workers 7%
First-Line Supervisors of Sales Workers 7%
First-Line Supervisors of Retail Sales Workers 7%
Retail Sales Workers 35%
Counter and Rental Clerks and Parts Salespersons 20%
Parts Salespersons 18%
Retail Salespersons 14%
Retail Salespersons 14%
Office and Administrative Support Occupations 8%
Installation, Maintenance, and Repair Occupations 33%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers 28%
Automotive Technicians and Repairers 13%
Automotive Service Technicians and Mechanics 13%
Miscellaneous Vehicle and Mobile Equipment Mechanics, Installers, and Repairers 15%
Tire Repairers and Changers 15%
Transportation and Material Moving Occupations 12%
Motor Vehicle Operators 10%
Driver/Sales Workers and Truck Drivers 10%
Light Truck or Delivery Services Drivers 9%
Source: Bureau of Labor Statistics


Automotive Parts & Accessories Stores Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate









Innovation News

  • North State Truck Equipment trademarks "BORN ON WEIGHT" - diesel particulate filters for motors and engines; particulate air filters for exhaust systems for internal combustion engines; diesel oxidation catalysts; air filters for exhaust systems for internal combustion engines - 02/02/2018
  • Kamberi Family trademarks "WORLD TECH AUTO CENTER" - Auto body repair services - 01/03/2018




  • Top Innovators

    CompanyInnovation Score
    North State Truck Equipment
    Kamberi Family

    Additional companies, details and innovation scoring in the full report.

    Latest Industry News

    • New car players would have to localise quickly to compete’ - He is a prominent voice in the automotive and parts industry having also served as the Chairman of Pakistan Association of Automotive Parts & Accessories Manufacturers ... rather than the second-caliber supplies in the market. We continue to increase ... (01/08/2018)
    • Two A&A Auto locations merged into one new store - “It’s a high-traffic area and we have plenty of parking.” A&A sells auto parts and accessories. The new store has 10 employees, Forlenza said. Some employees were busy stocking shelves Friday. “With the bigger showroom, this is going to give us the ... (01/07/2018)
    • Auto parts store to set up shop on Exchange Street in Middlebury - Once open, the store will sell a variety of auto parts and accessories on both a retail and wholesale basis. The full text of this article is only available to online subscribers. Are you an online subscriber? Click to login. Click here to learn more about ... (01/04/2018)
    • O’Reilly Auto Parts to open McKinney location in spring on Ridge Road - Ridge Road, McKinney. The store sells air conditioning parts, brakes, engine parts and mounts, belts and hoses, batteries, car accessories and more. O’Reilly has four locations in McKinney. 1-855-673-4559. www.oreillyauto.com (01/03/2018)
    • Here's How Walmart Could Hurt Amazon - Buy a 5,000-Store Auto Parts Retailer - "The automotive after-market [which sells vehicle parts, chemicals, equipment, and accessories after the owner buys the ... and it requires bricks-and-mortar stores and distribution networks like Walmart." Analyst John Birk of Morningstar told TheStreet ... (12/31/2017)
    • Senior Vice President of Stores, Jim Griffith, Announces His Retirement - About AutoZone: As of November 18, 2017, AutoZone sells auto and light truck parts, chemicals and accessories through 5,480 AutoZone stores in 50 states plus the District of Columbia and Puerto Rico in the U.S., and 529 stores in Mexico, 26 IMC branches ... (12/28/2017)
    • eBay Partners With Openbay To Expand Automotive Parts Sales to Aftermarket Industry - shop supplies. Access to hard-to-find parts, obsolete or no longer available parts. Unique accessories outside of a repair that might be requested by the customer. Automotive Care Businesses Willing to Consider Alternate Suppliers of Auto Parts More than ... (12/20/2017)
    • Transamerican Auto Parts to open Carlisle distribution center, retail store - Transamerican Auto ... store adjacent to the distribution center to add to its roster of more than 83 locations in North America. Transamerican Auto Parts is the world’s leading manufacturer, wholesaler and retailer of aftermarket parts and accessories ... (09/19/2017)
    • Auto parts superstore, distribution center planned for Arlington - Summit Racing Equipment, a leading seller of performance auto parts and accessories, plans to build a big store and distribution center in south Arlington that will employ as many as 250 workers. The facility, including a 32,000-square-foot superstore ... (08/24/2016)
    • Research and Markets: 2013 Worldwide Automotive Parts & Accessories Stores Industry-Industry & Market report - DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/smqc9t/2013_worldwide) has announced the addition of the "2013 Worldwide Automotive Parts & Accessories Stores Industry-Industry & Market report" report to their ... (08/09/2013)


    Government Contracts

    In 2016, the federal government spent a total of $4,677,992 on Automotive Parts & Accessories Stores. It has awarded 1,129 contracts to 144 companies, with an average value of $32,486 per company.   

    Top government vendors:

    CompanyFederal ContractsTotal Award Amount



    Growth Opportunities / Competitive Threats

    Companies in other industries may also sell similar products. Since there is an overlap in the customer base, there may be an opportunity for companies in Automotive Parts & Accessories Stores to sell additional products/services offered by these adjacent industries. Alternatively, these industries may identify further products in this industry to target. Products most at risk are those with the highest profit margins and lowest barriers to entry.

    The following industries are competing channels for sales of similar products/services.

    Automotive Tires, Tubes, Batteries, Parts, Accessories
    Competing IndustrySales Relative to Automotive Parts & Accessories StoresOpportunity/Threat
    New Car Dealers Competing industry
    Tire Dealers Competing industry
    Warehouse Clubs, Supercenters & Big Box Retail Competing industry
    Online (Internet) Shopping Competing industry
    Mail-Order Houses Competing industry

    Sales from other industries of Automotive Tires, Tubes, Batteries, Parts, Accessories are less than those from Automotive Parts & Accessories Stores. This may mean that other channels are a competitive risk of increasing their Automotive Tires, Tubes, Batteries, Parts, Accessories sales, taking market share from this industry.
    Automotive Tires, Tubes, Batteries, Parts, Accessories Product Sales Report



    Automotive Parts, New And Rebuilt, Including Wheels
    Competing IndustrySales Relative to Automotive Parts & Accessories StoresOpportunity/Threat
    New Car Dealers Competing industry
    Tire Dealers Competing industry

    Sales from other industries of Automotive Parts, New And Rebuilt, Including Wheels are less than those from Automotive Parts & Accessories Stores. This may mean that other channels are a competitive risk of increasing their Automotive Parts, New And Rebuilt, Including Wheels sales, taking market share from this industry.
    Automotive Parts, New And Rebuilt, Including Wheels Product Sales Report



    Automotive Supplies
    Automotive Supplies Product Sales Report

    Automotive Parts, Used, Including Wheels
    Automotive Parts, Used, Including Wheels Product Sales Report

    Automotive Batteries
    Automotive Batteries Product Sales Report

    Automotive Lubricants, Including Oil, Greases
    Automotive Lubricants, Including Oil, Greases Product Sales Report

    Audio Equip, Musical Instr, Radios, Stereos, CDs, Records
    Audio Equip, Musical Instr, Radios, Stereos, CDs, Records Product Sales Report

    Audio Equipment, Components, Parts & Accessories
    Audio Equipment, Components, Parts & Accessories Product Sales Report

    Automotive Fuels
    Automotive Fuels Product Sales Report

    Hardware, Tools, & Plumbing & Electrical Supplies
    Hardware, Tools, & Plumbing & Electrical Supplies Product Sales Report



    Segments classified within this market research report

    This industry market research report includes companies whose primary business is any of the following:
    Automobile parts dealers, Truck cap stores, Auto supply stores, Parts and accessories dealers, automotive, Automotive parts dealers, used, Speed shops, Stereo stores, Automotive parts and supply stores, Auto salvage yards (i.e., retailing used auto parts), Used automotive parts stores, Automotive audio equipment stores, Batteries, dealers, etc.



    Related Reports

    Can't find what you're looking for? We have over a thousand market research reports. Ask us and an analyst will help you find what you need.

    Industries Related to Automotive Parts & Accessories Stores

    Automotive Parts & Accessories Stores