Auto Service World
News   August 16, 2018   by Adam Malik

Automotive specialty market remains strong

It’s eight straight years of growth for the specialty equipment market.

The 2018 Specialty Equipment Market Association’s report saw the industry hit US$43 billion last year, up 4 per cent from the previous year and the group expects that number to go up by the end of the year.

The 2018 SEMA Market Report also found:

  • Pickup products accounted for US$12.44 billion (29 per cent) of sales in 2017
  • In-store purchases accounted for roughly two-thirds of all retail sales in 2017
  • A third of all specialty-equipment consumers were under 30 years old
  • 42% of all forced induction products (turbochargers, superchargers, etc.) purchased were installed by do-it-yourselfers

Print this page


Have your say:

Your email address will not be published. Required fields are marked *