The majority of companies surveyed, including 85% of specialty-equipment manufacturers, reported they expected their sales to grow over the coming year.
SEMA Market Research
In August, employers added 201,000 non-farm jobs, marking the 95th consecutive month employers added jobs.
Learn more regarding the state of the automotive specialty-equipment industry and current and projected product trends.
Despite uncertainty over tariffs, the United States enters the back half of 2018 on solid footing.
SEMA projects that the market will continue to grow through the end of 2018 and bring retail sales close to $45 billion.
In 2017, American consumers spent more money than ever modifying their vehicles.
About this product:
The SEMA Market Report provides an overview on the state of the specialty-equipment market. The 2018 report includes data collected from consumers and other sources to deliver broad insight into this $43 billion industry.
The report includes:
The first half of 2018 is in the books and the economy continues to show resilience and strength.
A fresh redesign of SEMA's Market Research landing page offers a more user-friendly format for viewing and accessing the latest reports and market studies.
The monthly SEMA Industry Indicators reports offer a high-level snapshot of the overall U.S. economy, with an emphasis on economic data affecting the automotive aftermarket industry.