Digital Auto Care Factbook & Lang Annual 2016 - (Page LANG11)

Section II - Executive Summary EXECUTIVE SUMMARY 2014 AFTERMARKET SIZE Products and purchased service covering all types of use in the U.S. automotive aftermarket reached $230.8 billion during 2014 at user-price (the price paid by ultimate consumers of aftermarket products and services). MAJOR MARKET SEGMENTS Aftermarket products totaled $142.9 billion at user-price in current dollars during 2014. Light vehicles (cars and light trucks) comprised the largest aftermarket product segment, $101.6 billion, followed by heavy and medium trucks with $27.6 billion in 2014 aftermarket products. All Other products reached $13.7 billion during 2014 at user-price; with Purchased Service totaling $87.9 billion. LIGHT VEHICLES Cars represented $39.0 billion in 2014 aftermarket products, up from $38.5 billion the previous year but less than $39.4 billion in 2004 aftermarket products consumed by passenger cars at userprice. During this ten-year span, passenger car aftermarket product sales declined at a 0.1% average annual rate. Aftermarket light truck products, in contrast, soared $17.4 billion between 2004 and 2014, climbing from $45.2 billion to $62.6 billion at user-price. Light trucks averaged 4.1% annual product growth, surpassing cars in 2004 light vehicle product share at user-price. 2014 VOLUME: 80 KEY PRODUCTS This analysis details 80 product categories totaling $101.643 billion in 2014 volume, the entire light vehicle aftermarket at user-price. Annual car and light truck 2014 aftermarket product volume was heavily concentrated among a relatively small group of products. Filters (Oil, Cabin, and Fuel) generated the largest 2014 car and light truck aftermarket product sales, $6.901 billion; followed by Clutches and Transmission Parts combining for $5.501 billion in 2014. Tools ranked third, at $5.432 billion; followed closely by Batteries with $5.201 billion in 2014 light vehicle aftermarket volume. Maintenance and Service Chemicals accounted for the fifth highest 2014 light vehicle product sales, $5.164 billion; followed Motor Oil at $5.018 billion; and Appearance Accessories with $4.446 billion at user-price. Equipment ranked eighth in 2014 light vehicle aftermarket product sales, with $4.256 billion; followed by Brake Pads, $4.128 billion; Brake Rotors, $2.879 billion; Air Conditioning Parts, $2.549 billion; and Chassis parts with $2.409 billion in 2014 product sales at user-price. © 2015 by Lang Marketing Resources, Inc. 11 www.langmarketing.com http://www.langmarketing.com

Table of Contents for the Digital Edition of Digital Auto Care Factbook & Lang Annual 2016

Auto Care Association Market Intelligence Committee
Economic Indicators
Key Economic Indicators
National Debt
Aftermarket Dynamics
Industry Employment
Technician Employment and Wages
What Do Our Members Think?
Auto Care Association – Lang Market Comparison
BCI Summary
State of the Auto Care Industry
U.S. Motor Vehicle Auto Care Industry
Introduction to the Channel Forecast Model
2014 to 2018 Forecast Assumptions
U.S. Motor Vehicle Auto Care Industry
Auto Care Sales History and Forecast 2007 to 2018
Auto Care Sales by Distribution Channel
Auto Care Segmentation
Auto Care Service and Retail Outlets
Auto Care Service and Retail Outlet Analysis
Program Distribution Summary
Retail Distribution Summary
e-Tailing
Financial Benchmarks
Financial Profiles of Select Auto Care Companies
Select Auto Care Transactions
Auto Care Industry
Consumer Profile
Replacement Rates for Motor Vehicle Parts and Jobs
Top 10 Replacement Rate Categories By Vehicle Age
Tool and Equipment
Auto Care Industry Segments
Medium And Heavy Duty Truck Industry
Sales of Replacement Tires
Paint, Body and Equipment
BodyShop Business Industry Profile: 2013-14
U.S. Total Motor Vehicle Population
Vehicle Registrations and Usage
U.S. New Motor Vehicle Registrations
Top 10 Light Vehicle Registrations
Hybrid Vehicles
Vehicle Operating Costs
Miles Driven vs. Gasoline Affordability
Gasoline Affordability and Fuel Consumption
Crude Oil and Diesel Fuel Costs
State Summary Statistics
State Summary Statistics
Global Auto Care Industry
Global Economic and Automotive Data
U. S. Trade Data for Selected Motor Vehicle Products
U. S. Trade Data By Country
Canadian Auto Care Industry
Glossary and Reference
Mexican Auto Care Industry
Chinese Auto Care Industry
Glossary and Terms
NAICS Definitions
Auto Care Data Resources
Auto Care Data Resources
Auto Care Association Market Intelligence
Auto Care Association Market Intelligence
Harmonization of Auto Care Industry Data
2016 Lang Aftermarket Annual
Introduction
Aftermarket Highlights
Executive Summary
Aftermarket Size
Product Sales Analysis
Service Market
Service Market Outlet Performance
Do-It-Yourself Market
Do-It-Yourself Market Outlet Performance
Aftermarket Analysis by Type of Vehicle
Vehicle Age
Distribution Channels
Aftermarket Outlet Analysis
Purchased Service
Vehicle Analysis
Accessories and Specialty Equipment Volume
Market Dynamics
Glossary of Aftermarket Terms
Appendix

Digital Auto Care Factbook & Lang Annual 2016