Business Tools

New 2016 SEMA Market Report Shows 8% Industry Growth

By Chad Simon

market research
The 2016 SEMA Market Report is now available online.

The newly released 2016 SEMA Market Report shows that the automotive specialty-equipment industry grew to a new retail sales record of $39.2 billion in 2015. The specialty-equipment market has now posted six consecutive years of growth since the financial downturn in 2008.

The 2016 SEMA Market Report is free for SEMA members and can be found on SEMA’s website.

This new report offers a detailed look at the market, including trends for vehicle niches and part categories, consumer spend and profile information and economic factors relevant to the industry. This annual snapshot of the specialty-equipment industry can be an invaluable tool for understanding your business’ place in the market.

Join in an informative webinar on Thursday, August 4, at 10:00 a.m. (PDT) in which SEMA’s Director of Market Research Gavin Knapp will present highlights from the 2016 SEMA Market Report and answer your questions on the state of the industry.

Register now for the 2016 SEMA Market Report webinar.