The new 2019 SEMA Market Report is now available for free from SEMA Market Research.
SEMA projects this growth to continue in 2019, despite ongoing trade uncertainty.
With a 5% retail sales increase marking the seventh straight year of specialty-equipment industry growth, a new record of $41.2 billion was set in 2016.
Estimates show that the specialty-equipment market’s largest vehicle segment is pickups, with parts and accessories for them topping $12 billion in 2016.
The new SEMA Pickup Report offers insight into what consumers buy, where they shop and how to connect with them.
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 compact-performance market reached more than $5.18 billion in retails sales in 2014 and continues to offer expanding opportunity for specialty-equipment companies.
If you’re a company in the street performance market, or you’re interested in tapping into the $10 billion market, it’s time to download and study the 2015 SEMA Market Report.
The 2015 SEMA Market Report features a new source of data based on consumer responses that will help members to identify and track product trends in the specialty-equipment market.