Estimates show that the specialty-equipment market’s largest vehicle segment is pickups, with parts and accessories for them topping $12 billion in 2016.
SEMA has partnered with Experian to create the Vehicles In Operation (VIO) Program, which provides SEMA members the opportunity to take a deeper dive into United States vehicle registration data on the makes and models most relevant to their businesses.
While new offerings, technology and an improving economy bode well for wheel and tire market sales in 2015, there are also impediments that may deflate some of the optimism.
While the current sales are far from the boom of the late ’90s and early 2000s, the compact-performance segment continues to show a slow climb of consistent growth over the past few years.
Virtually synonymous with the earliest days of the automotive specialty-equipment industry, hot rodding never seems to grow old. In fact, the market segment has remained incredibly resilient, even in the face of the recently bumpy economy.
A new study, "UPS Pulse of the Online Shopper for Automotive Parts & Accessories Buyers," highlights new findings about online consumers that can help automotive aftermarket suppliers compete more effectively.
Knowledge can be the difference between you and your competition. The SEMA Market Research team works hard to provide you with the information needed to maintain a prosperous business. A variety of market research reports are available to SEMA members, most at no charge.
Did you know that street performance is the largest specialty-equipment market niche? Performance parts and accessories for sports cars and musclecars have shown the most sales growth over the last few years.
The search for marketplace information is never-ending. As the economy fluctuates, new technologies emerge and changing tastes shape sales, savvy industry professionals constantly look for indicators that will aid them in making business decisions based on more than mere supposition. While no one can accurately and consistently predict the course of things, knowing which way we’re going can confirm whether we’re facing a sunset or the dawn.
Anyone who has ever walked into a retail store knows that the number of car-care options available can be overwhelming, even to the most hardcore car guy.